If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • RBL Bank Car Loan is Rated as "Great!" by 1 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    RBL Bank Car Loan

    RBL Bank New Car Loans are a perfect solution to fulfil your dream car requirement. With RBL Bank at your service, you can focus on living a comfortable life while they take care of financing your liquidity needs. Read on to learn about the eligibility and documentation requirements for the RBL Bank car loan.

    Documentation needed to apply for an RBL Bank Car Loan

    • 1. Photo ID and age proof
    • 2. Residence proof
    • 3. Signed application form with photograph
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:
      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    RBL Bank Car Loan Interest RatesUpdated on 21 May 2019

    RBL Bank Car Loan Details
    Interest Rate (Floating) 12% to 14%
    Processing Fees 2% of Loan amount
    Pre Closure Charges 5% of principal outstanding below 12 months
    3% of principal outstanding post 12 months
    No foreclosure before 6 months on book
    Loan Tenure 1 year to 5 years

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    RBL Bank Car Loan Reviews

    • RBL Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had been holding this card for the last two months and there has been good features and benefits with the card. They also had given me with a very good credit limit. But their customer support had not been that good and for getting the hard copy of my bank statement it has been a hassle.
      Was this review helpful? 2
      , gurgaon
      Reviewed on Jun 28, 2018
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