RBL Bank Overdraft, RBL Bank Overdraft Interest Rates

RBL Bank Overdraft offers all its account holders an overdraft facility with minimum interest rate.

RBL Bank Overdraft Against Property

RBL Bank offers RBL Bank Overdraft Against Property which will help its customers to meet their fund requirements for business needs. RBL Bank Overdraft Against Property can be availed against any property to be kept as collateral for self-employed customers, firms and companies.

RBL Bank Overdraft Features

• Faster approvals
• Borrower needs to pay interest only on the amount which he uses
• Residential and commercial property accepted as collateral
• Get OD up to 80% of your property value
• Minimal documentation
• Attractive interest rates

RBL Bank Overdraft Eligibility

RBL Bank Overdraft Against Property can be availed by any of the following:

• Self-employed Individuals
• Self-employed professionals
• Sole proprietorships
• Partnership firms
• Private limited companies
• Closely-held public limited companies

RBL Bank Overdraft Criteria

• This facility is offered to Indian residents only
• Minimum age at Overdraft sanction is 23 years
• Maximum age at Overdraft maturity is 65 years
• Minimum net profit as per latest year ITR should be atleast Rs.150000

RBL Bank Overdraft Amount Against Property

RBL Bank Overdraft Against Property can be availed upto Rs.5 Crores

RBL Bank Overdraft Tenure

Maximum tenure of RBL Bank Overdraft Against Property is 10 years

RBL Bank Overdraft Documents Required