40 Lakh RBL Bank Home Loan

Homeownership represents the culmination of years of hard work and the foundation for a secure future for many individuals. RBL Bank offers a compelling home loan option to address this need for those seeking to finance a property valued up to ₹40 lakh. This loan caters to salaried professionals and self-employed individuals, providing a flexible and accessible path to realising their dream of homeownership.

40 Lakh Home Loan From RBL – Highlights 

Here are the key highlights for a 40 lakh home loan from RBL Bank:

40 Lakh Home Loan EMI for 5 Years from RBL Bank

40 Lakh Home Loan EMI for 10 years from RBL Bank

40 Lakh Home Loan EMI for 15 years from RBL Bank

40 Lakh Home Loan EMI for 20 Years from RBL Bank

40 Lakh Home Loan EMI for 25 Years from RBL Bank

40 Lakh RBL Home Loan – Fees and Charges 

For a 40 lakh RBL home loan, the fees include:

• Application Fee: INR 5,000 + taxes (non-refundable)
• Processing Fee: 1% or INR 15,000 + taxes, whichever is higher
• EMI Overdue Charges: 2% of EMI + taxes
• Prepayment Charges: Nil for floating-rate loans

40 Lakh RBL Home Loan – Documents Required 

For a 40 lakh home loan from RBL Bank, the required documents include:

40 Lakh RBL Home Loan – Eligibility Criteria 

To be eligible for a home loan of ₹40 lakh from RBL Bank, applicants must fall under one of the following categories: salaried individuals, self-employed individuals, or professionals. Furthermore, they must meet the bank’s minimum age requirement, demonstrate financial stability through a minimum income level, and possess a good credit history.