rbl-bank-lap

a. Age – 22 – 65 years

b. Credit Score – 700+

c. Employment type: Salaried, Self-employed Individuals, Firms and
Companies

d. Minimum net income

· For salaried – Rs 18,000/- per month and Rs 150,000 per annum minimum gross salary

· For Non-salaried – Rs 150,000 per annum minimum net profit and ITR

e. Work Experience

· For salaried – 3+ years of Job stability

· For Non-salaried – 3+ years of Business Establishment

All the loan applicants are required to submit the following documents by RBL Bank:

· Duly filled and Signed Loan Application Form from RBL Bank.

· Passport Size Photographs

· Identity Proof

· Address Proof

· Income Proof

· Property Documents Required by Bank

Salaried loan applicants are required to submit the following documents in addition to mentioned:

· Income Pay Slip for Last 3 months/2 years of ITR/Latest Form 16 by Employer

· Bank Statement for Last Six Months

· Documents showing Ownership of Property to be Mortgaged

· Proof of Employment

Non- Salaried loan applicants are required to submit the following documents in addition to mentioned:

· Audited ITR and Financial Statement for past 3 Years

· Bank Statement for the last 6 months and 3 months of all mentioned accounts in the balance sheet

· Professional Qualification Certificate/Degree (For self-employed professionals)

· Proof of Business Continuity for Companies/Firms (Bank Statement/IT Returns/COI/Partnership Deed/Sales Tax Challan/Est. Certification) – All dated 5 years old.

· Partnership Deed and Authority Letter for Partnership Firm

· Certificate of Incorporation for Companies

Identity Proof

· Aadhar Card

· Passport

· Driving License

· Voter ID Card

Proof of Address

Aadhar Card

· Passport

· Driving License

· Utility Bills (Electricity, Telephone etc.)

· Bank Statement

· Registered Lease Deed or Sale Agreement

The process of application of RBL loan against property is quite easy and straightforward:

1. The first step is to fill the online application form and upload all the supporting documents. It is a quick and simple process. You can also visit the bank in person, apply for a loan, and submit documents.

2. Alternatively, you can sign-up at apnapaisa.com and apply for the loan by filling the online application. Our customer support team will schedule a meeting to pick up all the documents for loan verification.

3. Once the application and documents are submitted, it is verified by bank authority. If everything is okay, the loan is approved in 4 working days, money is disbursed to your bank account, and RBL sends the loan agreement with all the information, terms, and conditions.