RBL Bank offers the pre-owned car loan facility at attractive interest rates. The process to apply for the loan is simple and can be completed either offline or online.
The main features and benefits of the used car loan offered by RBL Bank are mentioned below:
Offline
You can visit the nearest RBL Bank and submit the necessary documents to apply for the used car loan.
Online
The eligibility criteria that must be met to avail the pre-owned car loan offered by RBL Bank are mentioned below:
Self-Employed Professionals
Self-Employed Individuals
Salaried Employees
The different charges that are levied by RBL Bank on its used car loan are mentioned in the table below:
Category | Charges |
Loan Rebooking/ Cancellation Charges | Rs.2,000 |
Preclosure Charges | Within 6 Months: 6% of the principal that is outstanding7 months – 12 months: 5% of the principal that is outstanding13 months –24 months: 4% of the principal that is outstanding25 months and above: 3% of the principal that is outstanding |
Bounce Charges | Rs.500 for every instance |
Duplicate NOC | Rs.250 for every instance |
Legal Notice Charges | At actual |
Asset Repo Charges | At actual |
Duplicate Account Statement | Rs.250 for every instance |
Stamp Duty | At actual |
CIBIL Report Charges | Rs.50 for every report |
EMI Overdue Charges | 2% of the EMI amount |
Valuation Charges | At actual |
Document Charges | Rs.1,300 |
Processing Fee | 1.00% - 1.50% of the loan amount |
Yes, you can apply for an RBL Bank Pre-Owned Car Loan offline.
Yes, you can apply for an RBL Bank Pre-Owned Car Loan online.
The maximum loan amount that is offered by RBL Bank for a used car loan is Rs.30 lakh.

Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.