RBL Bank Personal Loan of 4 Lakh

Considering a 4 lakh personal loan? With RBL’s tailored personal loan option, you can access up to 4 lakhs for your various needs. Whether it’s for home improvements, education expenses, or fulfilling personal goals, RBL Bank is committed to providing hassle-free solutions. Let’s unlock new opportunities together! Urban Money has curated a well-researched guide to make the loan process easy.

Personal Loan Options for 4 lakh in RBL Bank

There is no other loan scheme in RBL Bank that offers personal loans for 4 lakhs. 

Features of Bank 4 lakh Personal Loan

Every loan has its own unique features, here are some interesting key features of RBL Bank personal loan of 4 lakh: 

• Get up to INR 20 lakhs for different needs.
• Choose from 12 to 60 months for easy repayment.
• No need for security; it’s an unsecured loan.
• Quick approval with straightforward paperwork.
• Enjoy competitive interest rates for affordable borrowing.
• Use the loan for home renovations, education, or emergencies.

Can I Get a 4 Lakh Personal Loan Instantly from RBL Bank?

While RBL Bank aims for quick processing, the approval of a 4 lakh personal loan may not be instant and could depend on factors such as documentation, eligibility, and verification processes.

What is the EMI for a 4 Lakh Loan?

Here is a table to get an idea about the EMI of a 4 lakh personal loan at an interest rate of 14%.

Eligibility Criteria 4 lakh loan in RBL Bank

Here are some points to keep in mind while checking RBL Bank’s personal loan 4 lakh eligibility:

• Age: The acceptable range is 25 to 60 years.
• Minimum Monthly Income: Approx Rs 40,000.
• Work Experience: Total of 3 years, with at least 1 year in the current employment.
• Credit Score: A credit score above 750 is often preferred.
• Other Factors: Include job profile, employer’s profile, and credit history.

Documents Required to Avail the 4 lakh RBL Bank Loan

Here is the list of RBL Bank personal loan 4 lakh documents that you need during the process:

• Government-issued ID: Aadhar card, passport, driving license, PAN card.
• Address Proof: Voter ID, driving license, passport, utility bills.
• Income Proof: Salary slips, and bank statements showing regular income.
• Employment Proof: Employment certificate or offer letter.
• Photograph: Recent passport-sized photograph.
• Loan Application Form: Complete and duly fill out an application form.

How do you apply for a 4 lakh personal loan from Uban Money?

Here is step-by-step guidance to apply for an RBL Bank personal loan of 4 lakh via Urban Money:

• Click on the link! This will take you to the personal loan portal on our website. 
• Search for the Yes bank personal loan and click on Apply now! 
• A form will pop up! Fill out your details like name, number and city! Verify your number via OTP. 
• Once you submit the form, we receive your request. You can then sit back and relax, our executive will call you shortly to ease out the loan process. 
• They will collect all the documents and ensure you don’t have to worry about anything.