RBL Bank Housing Loan

CIBIL Score

• CIBIL score preferably above 750

Required Documents

• PAN Card: For Individuals/Partnership Firm/Company
• Identity Proof: Any one (e.g. Voter ID/Driving License/Passport)
• Address Proof: Any one (e.g. Voter ID/Driving License/Passport/Telephone Bill/Electricity Bill/Registered Lease Deed or Sale Agreement/Bank Statement)
• Business Continuity Proof: Any one document dated 5 years old (Bank Statement/Sales Tax Challans/IT Returns/Shops & Est. Certificate/COI/Partnership Deed)
• Passport Size Photographs
• Any other valid Photo ID card issued by the Central or State Government
• For Salaried - Last 2 years of Income tax returns or the Latest 3 month salary slip or the Latest Form 16 issued by the employer.
• For Self-Employed Individuals - Latest audited ITR and financials for the last 2 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules) and Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the balance sheet.
• For Self-Employed Professionals - Latest audited ITR and financials for the last 2 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules) , Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the balance sheet and Professional qualification certificate and Degree certificate for professionals (Doctors, Architects, Chartered Accountants etc.)

Loan Processing Charges

• Processing fees 1.5% of loan amount

Features

• Flexible tenure of up to 30 years
• Attractive interest rates
• Tax benefits up to 3.5 lakhs
• Housing loan upto INR 30 lakhs (for purchase, self construction, plot purchase + construction, extension, repair or renovation of a dwelling unit)
• Balance Transfer of existing home loan at attractive interest rate and Top up thereon
• Flexible Tenure of upto 30 years for home loan and 15 years for Top-up on existing loan