RBL Bank Loan Against Property
RBL Bank, established in 1943 and headquartered in Mumbai, offers a loan against property with a floating interest rate ranging from 8% to 16.49% and a processing fee of 1.25%. The loan amount goes up to ₹15 crore, with repayment tenure extending up to 240 months, and funding of up to 80% of the property value is available against residential, commercial, or industrial property. A Dropline Overdraft against Property variant is also offered.
Income can be clubbed for eligibility, allowing up to 2 salaried applicants or a combination of a partner/director's income with firm income, and a surrogate program is also available. The facility is open only to Indian residents, and a smaller-ticket "Small & Micro Loan Against Property" variant is offered under the same product. Required documents include PAN, identity and address proof, business continuity proof for self-employed applicants, passport photographs, collateral-related documents, and financial documents tiered by employment type. Prepayment penalty, minimum loan amount, minimum tenure, minimum CIBIL score, age limits, and minimum salary are not published for this product.
At 8%, RBL Bank has one of the lowest starting rates of the 18 lenders we track for loans against property.
Documents required
- PAN Card
- Identity Proof
- Address Proof
- Business Continuity Proof (5-yr dated document)
- Passport photographs
- Collateral-related documents
- Financial docs tiered by employment type (salaried/self-employed/professional/partnership/pvt ltd)
As published by RBL Bank. Your branch may ask for more.
Eligibility
Loan terms
- Loan amount up to ₹15 Crores
- repayment up to 240 months
- residential/commercial/industrial property accepted
- funding up to 80% of property value
- Dropline Overdraft against Property variant available (see overdraft entry)
Fees & charges
FAQ
LAP is secured against property, so the rate is lower and the tenure longer than an unsecured personal loan — better when the need is large and long-term. The trade-off is a legal/valuation process and your property as collateral.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.