RBL Bank offers car loans for the purchase of new and used cars.
RBL Bank offers car loans ranging from Rs. 1 lakh to Rs. 50 lakhs.
You can choose a loan tenure of up to 7 years.
Interest rates for RBL Bank car loans start from 8.99% p.a. and vary based on your credit score, loan amount, and other factors.
RBL Bank charges a processing fee of up to 1% of the loan amount.
There are no prepayment charges for car loans from RBL Bank.
You must be a resident of India.
You should be at least 21 years old at the time of application.
You should have a minimum income of Rs. 25,000 per month.
You should have a good credit score.
To apply for an RBL Bank car loan, you can visit their website or a nearby branch to fill out an application form and submit the required documents. The bank will verify your documents and eligibility before approving the loan.