90 Lakh RBL Bank Home Loan

Looking forward to buying a home but unable to find the ideal home loan to cater to your financial needs? Look no further and check the RBL Bank Rs 90 Lakhs personal loan, offering competitive interest rates starting from 8.90% per annum and flexible EMIs. RBL Bank offers up to 30 years of repayment tenure, giving you ample time to repay your home loan after completing your budget-friendly EMIs. RBL Bank's Rs 90 Lakh home loan offers attractive perks, such as tax benefits of up to Rs 3.5 lakhs. Keep reading to learn more about the Rs 90 Lakh home loan of RBL Bank, eligibility, and the documents required.

90 Lakh Home Loan RBL Bank – Highlights

Alongside the competitive interest rates, check the other key highlights of the 90 Lakh RBL Bank home loan:

90 Lakh Home Loan EMI For 5 Years RBL Bank

EMI of RBL Bank’s 90 lakh home loan over the tenure of 5 years:

• Loan Amount: ₹90 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 5 years
• EMI Amount: ₹1,86,389
• Total Interest Payable: ₹21,83,322
• Total Amount Payment: ₹1,11,83,322

90 Lakh Home Loan EMI For 10 Years RBL Bank

The EMI to be paid over the tenure of 10 years for a 90 Lakh RBL Bank home loan is:

• Loan Amount: ₹90 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 10 years
• EMI Amount: ₹1,13,522
• Total Interest Payable: ₹46,22,603
• Total Amount Payment: ₹1,36,22,603

90 Lakh Home Loan EMI For 15 Years RBL Bank

RBL Bank’s 90 lakh home loan EMI over the tenure of 15 years is:

• Loan Amount: ₹90 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 15 years
• EMI Amount: ₹90,749
• Total Interest Payable: ₹73,34,888
• Total Amount Payment: ₹1,63,34,888

90 Lakh Home Loan EMI For 20 Years RBL Bank

For a 90 lakh home loan from RBL Bank over a 20-year tenure will be:

• Loan Amount: ₹90 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 20 years
• EMI Amount: ₹80,397
• Total Interest Payable: ₹1,02,95,381
• Total Amount Payment: ₹1,92,95,381

90 Lakh Home Loan EMI For 25 Years RBL Bank

EMI for a 90 lakh home loan from RBL Bank over a 25-year tenure:

• Loan Amount: ₹90 Lakhs
• Interest Rate: 8.90% p.a.
• Loan Tenure: 25 years
• EMI Amount: ₹74,912
• Total Interest Payable: ₹1,34,73,697
• Total Amount Payment: ₹2,24,73,697

90 Lakh RBL Bank Home Loan – Fees & Charges

Fees and charges for a ₹90 Lakh Home Loan at RBL Bank:

• • Processing Fee: 1.5% of the loan amount or up to Rs 15,000, whichever is higher, plus GST

• Application Charges:

• • Mumbai residents: Rs 6,500
  • Other areas: Rs 5,000
• Late EMI Fee: 2% per month on defaulted payments
• Cheque Bounce Fee: Rs 250
• Foreclosure Charges: 3% of the outstanding amount
• Legal Charges: Billed as per actuals

90 Lakh RBL Bank Home Loan – Documents Required

To avail of a ₹90 Lakh RBL Bank home loan, you need general documents including a government-issued identity card and address proof. Proof of business continuity, evidenced by a 5-year-old document like a Bank Statement, Sales Tax challenges, IT Returns, Shops and Establishment Certificate, Certificate of Incorporation, or Partnership Deed, is also necessary. Additionally, passport-size photographs and any valid photo ID issued by the Central or State Government are needed.

90 Lakh RBL Bank Home Loan – Eligibility Criteria

Eligibility Criteria for a ₹90 Lakh RBL Bank Home Loan:

Eligible Candidates: Residents, NRIs, Self-employed Individuals & Self-employed Professionals

For Salaried Individuals:

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

For Self-employed Individuals:

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