RBL bank offers concessional home loan interest rates for women borrowers through various schemes launched at regular intervals. 

What are the interest rates on RBL bank home loans?

Loan Amount

Interest Rate

Maximum Rs. 25 lakhs

10.20%

Rs. 25 lakhs – 75 lakhs

11.55%

Rs. 75 lakhs – 2 Cr

11.55%

Above Rs. 2 Cr

11.55%

 

What is the easy home loan feature offered by RBL bank on home loans?

Here are the noteworthy features of RBL bank’s easy home loan offering:

Easy home loan – Under this, the home loan is linked to a current account. This allows borrowers to save on interest outflow by ensuring a sufficient balance is maintained in the current account. Here, the maximum home loan amount offered by the bank is Rs. 10 crores and the maximum loan tenure is of 25 years.

Interest rate

Easy Home Loan: 11.10% p.a. – 12.80% p.a.

Application fees

Rs. 6,500 for Mumbai applicants; Rs.5,000 for other applicants

Processing fees

1.5% of the loan amount (minimum Rs.7,500)

Loan tenure

Maximum 180 months

Property type

Residential and commercial

 

What is RBL bank home loan overdraft against the property?

The overdraft facility against home loans offered by RBL bank is available for self-employed individuals. Here are the additional features:

  • The maximum overdraft limit is Rs. 5 crores
  • Maximum loan tenure is 10 years

Interest rates

Interest is chargeable only on loan amount used

Processing fees

1.5% of the loan amount

Application fees

Rs. 6,500 for applicants based in Mumbai 

Rs.5,000 for other applicants

 

RBL Bank is one of the top-rated scheduled commercial banks in India. The bank offers a range of products and services including home loans at attractive interest rates.