60 Lakh RBL Bank Home Loan

RBL Bank, one of India's emerging private-sector banks, provides various financial services targeted to individual customer needs, including housing loans. Their home loans have attractive interest rates starting at 8.90% per annum, flexible repayment terms of up to 30 years, and loan sums of up to INR 15 crore.

Get low rates and personalised services for RBL Bank’s 60 lakh home loan, assuring a simple and transparent transaction. Thanks to the bank's customer-friendly attitude and extensive support, this loan lets you easily purchase your ideal home.

60 Lakh Home Loan RBL Bank – Highlights

RBL Bank’s 60 lakh home loan is a great option for straightforward and beneficial financing. Here are the key highlights:

60 Lakh Home Loan EMI for 5 to 25 Years RBL Bank

The Urban Money Home Loan EMI Calculator makes it simple to calculate your monthly instalment for a 60 lakh home loan at an interest rate of 8.90%. Here’s a quick reference table for various loan tenures.

Use the Urban Money Home Loan EMI Calculator for more detailed and convenient calculations.

60 Lakh RBL Bank Home Loan – Fees and Charges 

Here is a detailed breakdown of the fees and charges of a 60 lakh RBL Bank home loan:

Prepayment and Foreclosure

• Floating Rate Loans: No charges
• Fixed Rate Loans: As per schedule

Application and Processing Fees

• Application Fee: INR 5,000 + taxes (Non-refundable)
• Processing Fee (above 30 lakhs): 1.00% or INR 15,000 + taxes (whichever is higher)

Other Charges

• EMI Overdue: 2% of EMI + taxes
• Repayment Mode Swap: INR 500 + taxes per instance
• Cheque/ECS/NACH Dishonor: INR 500 + taxes per instance
• Physical Statement of Account: INR 250 + taxes per instance
• Duplicate Certificates (Interest, NOC): INR 250 + taxes per instance
• CIBIL Report: INR 100 + taxes per report
• Loan Cancellation/Rebooking: INR 2000 + taxes per instance

60 Lakh RBL Bank Home Loan – Documents Required 

The documents required are as follows:

60 Lakh RBL Bank Home Loan – Eligibility Criteria 

Here is a breakdown of the eligibility criteria for the salaried and self-employed:

Salaried Individuals

• Minimum Net Income: INR 1,80,000 per annum
• Age: 24 to 70 years (at loan maturity)
• Work Experience: At least 3 years; if the current job is less than 1 year, a confirmation letter is needed

Self-Employed Individuals and Professionals

• Minimum Net Annual Income: INR 1,50,000 (latest ITR/Financials)
• Age: 24 to 65 years (at loan sanction)
• Business Continuity: At least 3 years in the same field