Loan Details

Interest Rate

16.25% onwards

Processing Fee

1.80 - 2.20% of the loan value



Up to 5% after 7 to 18 EMI months and 3% after that


Up to 36 months

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
RBL Bank Business Loan

a. Age – For All Borrowers - 27-65 years

b. Credit score: 750 or above

c. Employment Type: Self-Employed Individuals

Partnership Firms

Self-Employed Professionals

Sole Proprietorships

Private Limited Companies

d. Minimum net income (annually): For Self-employed – INR 1

For professionals/salaried individuals – INR 60 Lakhs

e. Minimum Work experience: For salaried- 4 years of job

For self-employed- 3 years of business


All the applicants are required to submit the below-listed documents with RBL Bank-

● Filled up RBL Bank business loan application form

● Recent Photographs of co-applicants and applicants

● ITR of previous 3 years

● Proof of Identity

● Address Proof

● PAN Card

● Proof of Signature Authenticity

● Proof of ownership of office or residence either in the applicant’s name or in co-ownership with any of the family members

 ● Business Continuity Proof

● Letter on business Letterhead validating end use of the RBI Bank business loan amount

● Bank statement of the past 6 months

● Latest audited financials and ITR Document (of past 24 months)

● Borrower main account Bank statements of past 180 days

● Bank statements of other bank accounts feature in the Balance Sheet (of past 3 months)

Self-Employed Professionals are required to submit a copy of the following documents besides along with the ones mentioned above -

● Certificate of Professional Qualification and Degree Certificate given to professionals such as Doctors, Chartered Accountants, Architects, and others.

Private Limited Companies/Partnership Firms are required to submit the documents listed below along with the ones mentioned above –

● Partnership Authority and Partnership Deed letter issues to partnership firms

● Company’s Board Resolution

● Articles and Memorandum of Association of the Company

● Company’s Certificate of Incorporation

● Shareholding patterns for Public Limited and Private Limited Companies (latest edition)

Identity Proof (for all borrowers)

● Driving License

● Aadhar Card

● Valid Passport

● Voter ID

Proof of Residential Address (for all borrowers)

● Aadhaar Card

● Passport

 ● Voter's ID Card

● Driving License

● Bank Statement

● Electricity Bill

● Telephone Bill

● Registered Sale Agreement or Lease Deed

Proof of Business Continuity (for all borrowers)

● Sales Tax Challans

● Certificate of Incorporation

● Shops and Establishment Certificate

● Bank Statement

● Partnership Deed

● IT Returns

The document submitted as a Proof of Business Continuity should be at least 5 years old.

Audited Financials and ITR Documents (for all borrowers)

● Balance Sheet

● Profit & Loss Account

● Computation of Earnings/Income including all schedules

The RBL Bank business loan verification goes through the following stages:

1. Complete the business loan application form and upload it on the RBL Bank website or wherever required. Submit authentic copies of all the important documents required for application verification. You can speed up the process by signing up for the loan application through

2. The bank’s customer care team will contact you within 24-48 hours of application submission to confirm the receipt

3. The officials at RBL Bank will take up the process of documents’ verification and match the details mentioned in the business loan application with the submitted documents.

4. After approval of the business loan application form, the borrower’s account will be credited with the loan amount. Borrowers will be given a copy of the loan agreement, including all the relevant details related to the loan.

The two types of reference interest rate systems linked to RBL Bank business loan are -

● Diminishing Interest Rate – Generally, RBL Bank business loan EMI can be calculated on the diminishing rate. It contains both Interest and Principle, but the calculation of interest of the upcoming month is done on the borrowed amount’s remaining value. So EMI value is comparatively lower in this case.

● Flat interest Rate - The interest rate calculated here is on the original value of borrowed amount. The EMI in case of Flat interest Rate remains the same every month while the interest amount is more.