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RBL Personal Loan

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Wide Choice

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Quick Disbursal

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SmartMatch

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Digital Process

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4.2/5

2839 Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Compare & Choose the Best Offer

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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

RBL Bank Personal Loan Highlights

Interest rate
18% p.a.
Loan Amount Rs 30,000-Rs 5 lakh
Tenure 1-3 years
Processing Fees Up to 2% of the loan amount
Minimum Monthly Salary Rs 40,000

RBL Bank Personal Loan Interest Rate

RBL Bank offers personal loan at an interest rate of 18% p.a. The lender has not mentioned its differential interest rates. However, the lender may consider factors such as credit score, employer’s profile, repayment capacity, job profile and minimum monthly income of its applicants while setting its personal loan interest rates.

RBL Bank Personal Loan Processing Fees and Charges

Processing Fee Up to 2% of loan amount
Prepayment/Foreclosure Charges Between 13 to 18 months: 5% of outstanding principalAfter 18 months: 3% of outstanding principal

After 12 regular EMIs: NIL
Overdue Interest 2% per month of overdue amount
Issue of Duplicate Interest and Principal Certificate Rs 250
Cheque Bounce Charges Rs 250
Cheque swap charges Rs 250
CIBIL Charges Rs 50
Convenience Charges Rs 999

Know more about personal loan processing fees charged by other lenders

Eligibility Criteria for RBL Bank Personal Loan

  • Age: 25-60 years or retirement age
  • Minimum Net Monthly Income: Rs 40,000
  • Work Experience: Total 3 years of experience, 1 year in current employment

RBL Bank may also check credit score, job profile and employer’s profile of its applicants, just like other lenders do while evaluating their personal loan eligibility.

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Documents Required for RBL Bank Personal Loan

  • Duly filled application form with a coloured photograph
  • KYC Documents: PAN Card/Age Proof/ID Proof (Aadhar card, passport, driving license, voter ID)
  • Address Proof: Aadhaar card, voter ID, driving license, passport, utility bill (electricity bill, telephone/mobile bill- not more than 2 months old)
  • Bank statement with salary credited for last 3 months
  • Salary slips: 1 recent salary slip for loan amount less than Rs 7.5 lakh and 2 recent salary slips for loan amount more than Rs 7.5 lakh

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Rbl Bank Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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FAQs

RBL Bank claims to approve the personal loan in a single day from the date of receipt provided the applicant submits the complete application form along with the required documents.

Your family member (spouse and children) can be your co-applicant to personal loans.

The applicants can repay their personal loans through NACH facility, standing instruction to debit from your RBL Bank account or through post-dated cheques with your EMI account.

RBL Bank has stated poor credit score and unstable income as the most common reasons for personal loan rejection. The applicants having minimum monthly income of Rs 40,000 are eligible for personal loans. Also, if the applicant works in a company that has been delisted by the bank, the loan application will be rejected by RBL Bank.

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What our customers say

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

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Paisabazaar helped me compare multiple loan offers in minutes, and I got the best rate without any paperwork.

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Itna Badhiya Rate and Service Hai!

Apke yaha itna acha interest rate mil gya market mei sabse kum and service toh aur bhi achi h. thank you.

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Mohit SinghDec 2, 2025

Best Interest Rate Offer

Got the best interest rate on your website. Best assistance and seamless experience.

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Best Marketplace to Shop for Loans

Your website is the best to apply for a personal loan. Got my loan disbursed within 3 days. So easy and hassle-free.

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Nikita SharmaDec 2, 2025

Fast loan approval

I got my loan approved within 24 hours. The process was fast, transparent, and reliable, exactly what I was looking for.

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