RBL Bank was incorporated in August 1943 in Mumbai as a scheduled
commercial bank. It is one of the oldest private sector banks in India. Since
its inception, the bank
is specialized in offering financial services under six business verticals:
Commercial banking, corporate & institutional banking, branch &
business banking, development banking & financial inclusion, agri business
banking, and treasury & financial markets operations.
RBL bank is one of the fastest emerging private sector banks in India with an increasing presence across the country through a huge network of 256 branches and 288 ATMs within 20 Indian states and Union territories.
RBL bank offers an array of financial products and services in order to aid monetary needs and requirements. RBL bank personal loan is one of those services, which is basically designed to meet financial needs and requirements of the individuals. Of course, financial aid is a basic need of every individual’s lifestyle.
Any eligible individual can apply for RBL personal loan for any legalized purpose to maintain a balance between limited income and unending expenses. Personal loan can be used to pay off outstanding liabilities, making wedding arrangements, planning a vacation, pursuing education degree, or for medical emergency. The loan is packed with affordable features and competitive interest rates.
RBL bank is one of the fastest emerging private sector banks in India with an increasing presence across the country through a huge network of 256 branches and 288 ATMs within 20 Indian states and Union territories.
RBL bank offers an array of financial products and services in order to aid monetary needs and requirements. RBL bank personal loan is one of those services, which is basically designed to meet financial needs and requirements of the individuals. Of course, financial aid is a basic need of every individual’s lifestyle.
Any eligible individual can apply for RBL personal loan for any legalized purpose to maintain a balance between limited income and unending expenses. Personal loan can be used to pay off outstanding liabilities, making wedding arrangements, planning a vacation, pursuing education degree, or for medical emergency. The loan is packed with affordable features and competitive interest rates.
Features of RBL bank personal loan
- Higher loan quantum – RBL bank provides high quantum of loan. Higher loan quantum aids maximum finance availability to meet personal expenses.
- No collateral – The Bank doesn’t ask to borrower to provide any sort of collateral security to get the loan. Thus, any eligible applicant can apply for personal loan without the need of arranging collateral security or guarantor.
- Rate of interest – RBL bank personal loans are offered at affordable interest rates calculated at both fixed and floating methods. While RBL bank reserves the right to modify the interest rate and processing fee from time to time, at its sole discretion, the fixed interest rate means the loan EMI remains constant over the tenure, making it simpler for the borrower to repay the loan.
- Quick loan approval – The bank understands the urgent finance need of an individual and thus, takes not much time to process the personal loan application request and quickly disburse the loan amount. Just apply at https://www.applykaroo.com/loans/rbl-bank-personal-loan and the loan amount will be credited within a time frame of just 48 hours once the loan has been approved for the eligible applicant.
- Flexible loan tenure – The borrowers can choose the flexible loan repayment tenure. However, certain factors such as monthly income, credit score, liabilities, and loan amount play a vital role in activating the loan tenure.
- Loan top-up – In case, the approved loan amount is not enough to meet the personal needs, borrowers can get a top-up loan at the same rate of interest.
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