50 Lakh Home Loan RBL Bank

RBL Bank offers an attractive home loan option of 50 Lakhs with a competitive interest rate of 8.90% per annum, making it an ideal choice for potential homeowners. With a flexible repayment tenure of up to 30 years, borrowers can manage their finances conveniently while enjoying the benefits of homeownership. The 50 Lakh Home Loan RBL Bank also provides substantial tax benefits, up to 3.5 lakhs deductions. RBL Bank supports large-scale financing needs by offering a maximum loan amount of up to 15 crores, catering to high-value property purchases. Explore options like 50 lakhs home loan EMI RBL Bank and RBL Bank home loan interest rate for 50 lakhs to make an informed decision.

50 Lakh Home Loan RBL Bank – Highlights

Outlined in the table below are the key features of an RBL Bank 50 lakh home loan:

50 Lakh Home Loan EMI For 5 Years RBL Bank

EMI for RBL Bank’s 50 lakh home loan over a 5-year tenure:

• Loan Amount: ₹50 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 5 years
• EMI Amount: ₹1,03,549
• Total Interest Payable: ₹12,12,957
• Total Amount Payable: ₹62,12,957

50 Lakh Home Loan EMI For 10 Years RBL Bank

RBL Bank’s 50 lakh home loan over a 10-year tenure is as follows:

• Loan Amount: ₹50 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 10 years
• EMI Amount: ₹63,068
• Total Interest Payable: ₹25,68,113
• Total Amount Payable: ₹75,68,113

50 Lakh Home Loan EMI For 15 Years RBL Bank

Over a tenure of 15 years, the EMI for a 50 lakh RBL Bank home loan is as follows:

• Loan Amount: ₹50 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 15 years
• EMI Amount: ₹50,416
• Total Interest Payable: ₹40,74,938
• Total Amount Payable: ₹90,74,938

50 Lakh Home Loan EMI For 20 Years RBL Bank

The EMI details for a 50 lakh home loan from RBL Bank when availed for a tenure of 20 years is:

• Loan Amount: ₹50 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 20 years
• EMI Amount: ₹44,665
• Total Interest Payable: 57,19,656
• Total Amount Payable: ₹1,07,19,656

50 Lakh Home Loan EMI For 25 Years RBL Bank

The EMI for a 50 lakh home loan from RBL Bank over a 25-year tenure:

• Loan Amount: ₹50 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 20 years
• EMI Amount: ₹41,618
• Total Interest Payable: 74,85,387
• Total Amount Payable: ₹1,24,85,387

50 Lakh RBL Bank Home Loan – Fees & Charges

The applicable fees and charges of a 50 Lakh home loan at RBL Bank are given below:

50 Lakh RBL Bank Home Loan – Documents Required

Documents Required for a 50 Lakh RBL Bank Home Loan:

Identification Documents

Business Continuity Proof: Must provide a document dated at least five years old, such as:

• Bank Statement
• Sales Tax Challans
• IT Returns
• Shops & Establishment Certificate
• Certificate of Incorporation
• Partnership Deed

Photographs: Passport-size photographs are required.

Additional ID: Any valid photo ID issued by the Central or State Government.

50 Lakh RBL Bank Home Loan – Eligibility Criteria

Make sure to fit the following eligibility criteria before applying for a 50 lakh RBL Bank home loan:

Applicants can be:

• Residents
• NRIs
• Self-employed individuals
• Professionals

For salaried individuals:

• Minimum annual income: Rs 1,80,000
• Minimum age: 24 years
• Maximum age at loan maturity: 70 years
• Minimum work experience: 3 years

For self-employed individuals:

• Minimum annual income: Rs 1,50,000
• Minimum age: 24 years
• Maximum age at loan sanction: 65 years
• Minimum business tenure: 3 years