30 Lakh Home Loan RBL Bank

It is time to start your home ownership journey with an RBL Bank 30 Lakh housing loan! RBL Bank offers housing loans with quick processing and minimal documentation so you can begin your journey at an attractive interest rate. With interest rates starting from 8.90% p.a onwards, the loan tenure can be extended for up to 30 years, allowing home enthusiasts to begin their dream home ownership journey without worrying much about the EMIs. Also, tax benefits can be up to 3.5 lakhs, making RBL Bank housing loans a more attractive choice for home loan applicants. With a housing loan of up to Rs 15 crores, it is time to make the first step towards your home ownership journey with RBL Bank!

30 Lakh Home Loan RBL Bank – Highlights

The key highlights of a 30 lakh home loan from RBL bank are mentioned in the table below:

30 Lakh Home Loan EMI For 5 Years RBL Bank

With interest rates starting at 8.90 % p.a., a 30 lakh RBL Bank home loan EMI will cost Rs 62,130 over a 5-year tenure. At the end of the loan tenure, the total interest paid will be Rs 7,27,774, and the applicant will pay Rs 37,27,774.

30 Lakh Home Loan EMI For 10 Years RBL Bank

With interest rates beginning at 8.90% per annum, the EMI for a 30 lakh RBL Bank home loan will be Rs 37,841 over a 10-year period. By the end of the loan term, the total interest paid will amount to Rs 15,40,868, and the borrower will pay Rs 45,48,868.

30 Lakh Home Loan EMI For 15 Years RBL Bank

Starting at 8.90% per annum, the EMI for a 30 lakh RBL Bank home loan will be Rs 30,250 over a 15-year period. By the end of the loan term, the total interest paid will be Rs 24,44,963, bringing the total repayment amount to Rs 54,44,963.

30 Lakh Home Loan EMI For 20 Years RBL Bank

With interest rates starting at 8.90% per annum, the EMI for a 30 lakh RBL Bank home loan will be Rs 26,799 over a 20-year period. By the end of the loan term, the total interest paid will be Rs 34,31,794, making the total repayment amount Rs 64,31,794.

30 Lakh Home Loan EMI For 25 Years RBL Bank

Starting at 8.90% per annum, the EMI for a 30 lakh RBL Bank home loan will be Rs 24,971 over a 25-year period. By the end of the loan term, the total interest paid will be Rs 44,91,232, resulting in a total repayment amount of Rs 74,91,232.

30 Lakh RBL Bank Home Loan – Fees & Charges

Let’s note the fees and charges of a 30 Lakh home loan at RBL Bank.

30 Lakh RBL Bank Home Loan – Documents Required

The documents required for a 30 Lakh RBL Bank Home loan are as follows:

• PAN Card: Required for Individuals, Partnership Firms, and Companies.
• Identity Proof: Voter ID, Driving License, or Passport.
• Address Proof: Voter ID, Driving License, Passport, Telephone Bill, Electricity Bill, Registered Lease Deed, Sale Agreement, or Bank Statement.
• Business Continuity Proof: A five-year-old document such as a Bank Statement, Sales Tax Challans, IT Returns, Shops and establishment Certificate, Certificate of Incorporation, or Partnership Deed.
• Photographs: Passport-size photographs.
• Additional ID: Any valid photo ID issued by the Central or State Government.

Financial Documents:

• Salaried Individuals: Last 2 years of Income Tax Returns, latest 3-month salary slip, or latest Form 16.
• Self-Employed Individuals and Professionals: Latest audited ITR and financials for the last 2 years, 6 months of main account bank statements, 3 months of other account statements, and professional qualification and degree certificates for professionals.

30 Lakh RBL Bank Home Loan – Eligibility Criteria

Following are the eligibility criteria for a 30 Lakh RBL Bank home loan:

• Employment: Salaried residents, salaried NRIs, self-employed individuals or self-employed professionals.

• For Salaried: A minimum income of Rs 1,80,000 per annum – Minimum Age – 24 years, Maximum Age at loan maturity – 70 years – A minimum of 3 years of work experience.

• For Self-Employed: Minimum annual income of Rs 1,50,000 – Minimum Age – 24 years, Maximum age at loan sanction – 65 years and in business for at least 3 years.