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Q.

What Is RBL Personal Loan Interest Rate?

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10 months

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RBL personal loan interest rate is typically 18% per annum. These rates depend on various factors, including the applicant\'s credit score, income, loan amount, and tenure. The key factors influencing RBL personal loans interest rates are as follows: A higher CIBIL score (750+) may qualify for lower interest rates, applicants with stable employment and higher incomes may receive better rates, longer tenures might result in slightly higher interest rates, and existing customers with a good financial history might get preferential rates.

Other Charges & Fees:

  1. Processing Fee: Typically up to 2% of the loan amount.

  2. Prepayment Charges: Usually 3% to 5% if the loan is repaid before tenure completion.

  3. Late Payment Penalty: 3% is applicable on missed EMIs.

This is all about RBL personal loan interest rates and charges.

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