The effective home loan interest rates offered by RBL bank on floating rate home loans can range between 8.50% - 11.00% p.a. The maximum home loan amount and tenure offered by the bank depends on eligibility criteria. 

How to calculate RBL Bank’s home loan EMI for Rs. 25 lakhs for 15 years?

You can easily determine the home loan EMI and repayment schedule using the RBI bank Home Loan EMI calculator. To access the EMI calculator, you can visit the bank’s website. 

  • Go to the Financial Tools tab 
  • Click on Home Loan EMI Calculator. 
  • Enter Loan Amount 
  • Enter Interest rate 
  • Enter Loan Tenure (in months or years) 
  • Click on the ‘Calculate’ button to get:
    • Home Loan EMI
    • Amortization schedule 
    • Home loan interest rate & principal amount break-up

You can also use this calculator to check your home loan eligibility and affordability before reaching out to the bank for an application.

Also, read – Eligibility criteria for RBL bank credit card

What are the unique features of RBL Bank home loans?

Some of the key features of RBL bank home loan are:

  • Interest rates ranging from 9.55% - 11.00% per annum
  • The maximum loan amount can be 85% of the property value or Rs. 10 crores
  • Customized offerings for salaried and self-employed applicants
  • Home loan processing fees are up to 1.5 % of the loan amount
  • Moratorium option for 18 -30 months
  • Faster loan processing
  • Low-interest rates
  • Minimal documentation
  • ‘Easy Home Loan’ offer can help in saving interest cost
  • No foreclosure charges
  • Repayment flexibility

Avail a home loan from RBL bank at low-interest rates to fulfill your desire of owning a home. You can get Rs. 25 lakhs home loan for 15 years from the bank provided you meet the eligibility criteria.

Also, read – All about RBL bank personal loan