Apply Now

RBL Bank Business Loan

RBL Banks provides Business loans to provide financial aid to help the MSE factor. This loan is beneficial for those who are in urgent requirement of funds. No collateral is required to avail of the loan. 

RBL Bank provides business loans of up to Rs. 35 Lakhs, with a repayment tenure of up to 3 Years. The interest rates on RBL Bank Business Loan start from 19% per annum onwards.

RBL Bank & Business Loan Highlights



Interest Rate

19% per annum to 26% per annum

Loan Amount

Up to Rs. 35 Lakhs

Loan Tenure

Up To 36 Months

Processing Fee

Up to 2% - 3% of Loan Amount


Not Required

RBL Bank Business Loan Features & Benefits

  • Flexible Tenure : The repayment tenure of the RBL Bank Business Loan is flexible ranging from 1 Year to 3 Years.
  • Less Documentation : RBL Bank Business Loan requires very little documentation, thus making the application process easy and a quick one.
  • Loan Amount : RBL Bank provides Business loans up to Rs. 35 Lakhs.
  • No requirement of collateralFor RBL Bank Business Loan you do not need to submit any collateral.

 RBL Bank Business Loans Eligibility Criteria

In order to avail of RBL Bank Business loan, an individual has to meet certain eligibility criteria put up by the bank.



Minimum Age

27 Years (At the time of Application) 

Maximum Age

65 Years (At the time of Loan Maturity)

Business Annual Turnover

For professional and service sector: Minimum turnover is Rs.1 crore

Minimum 4 years of post-qualification experience is required.


  • Minimum 5 years experience in the same business
  • At least 3 years of business establishment in the same city

Entities that can avail of business loan

  • Self-employed individuals
  • Self-employed professionals
  • Sole proprietorships
  • Partnership firms and private limited companies (including closely-held public limited companies), with a profitable business for the past 3 years

Documents Required for RBL Bank Business Loan

In order to avail of the RBL Bank Business loan, an individual has to provide certain documents required by the bank.

  • PAN Card – For Individual / Partnership Firm / Company
  • Identity Proof – Any 1 (e.g. Voter ID / Driving License / Passport / Aadhar Card)
  • Address Proof – Any 1 (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
  • Ownership proof of either residence or office either in the name of the applicant or jointly with family members
  • Business Continuity Proof – Any one document dated 5 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed)
  • Letter certifying end use of the business loan funds on Business Letterhead
  • Passport Size Photographs of all applicants and co-applicants

Financial Documents Required


List of Documents

Self-Employed Individuals / Sole Proprietorships

  • Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
  • Bank statements from the borrower's main account/s for the last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet

For Self-Employed Professionals

  • Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
  • Bank statements from the borrower's main account/s for the last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
  • Professional Qualification Certificate and Degree Certificate for professionals. (Doctors, Architects, Chartered Accountants, etc.)

For Partnership Firms / Private Limited Companies

  • Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
  • Bank statements from the main account/s for the last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet

- Partnership Deed and partnership authority letter for partnership firms

- Memorandum and Articles of Association and Board Resolution from the company

RBL Business Loan Fees and Charges

The following are the key fees and charges other than interest charges applicable to a Business loan from RBL Bank:



Processing fee

3% of the loan amount


12-36 months

Loan amount

Rs.10 lakh to Rs.35 lakh

Part-payment charges


Cheque bounce charge

Rs. 250/ instance

Cheque swapping charge

Rs. 250/ instance

Documents fee

Rs. 7000

Foreclosure fee

Allowed after 6 EMIs

After 7 EMIs to more than 18 EMIs : 3% to 5% of the principal outstanding amount is charged

Last EMIs payment charges

2% additional interest per month on overdue

Issuance of duplicate certificate

Rs.250/ instance

Compare other bank business loan interest rates:



HDFC Bank Business Loan

15.65% to 21.20%

Yes Bank Business Loan

16.25% to 19.99%

Citi Bank Business Loan

12% to 16%

RBL Bank Business Loan

10.65% to 16.25%

Indian Bank Business Loan


RBL Bank  Business Loan EMI Calculator

A Business loan calculator helps you to know the amount of EMIs that you need to pay towards your Business Loan. 

As a Business loan can go from 20 - 30 years, so you have to be aware of your monthly installments in advance. For that, you can use the EMI Calculator provided by BankSathi to calculate your monthly EMIs on your Business Loan.

The formula for the same is: 

[P x R x (1+R)^N]/[(1+R)^N-1], where

  • P stands for the ‘Principal Amount’.
  • R stands for the rate of interest set by the bank.
  • N is the number of years for which the loan has been taken.

How to apply for RBL Bank Business Loan

There are 2 processes by which one can apply for a business loan.

  • Offline: Visit any branch of RBL Bank.
  • Online :
    • Go to the RBL Bank official website
    • Click on the “personal” section and select “Loans”.
    • Then, click on “Business loan”
  • Fill the application form and submit it with attaching all mandatory documents
  • Bank associate will let you know in few minutes that you are eligible or not for the loan
  • After getting approval visit to RBL bank branch for further proceedings

Other products of RBL Bank:

  1. RBL Bank Home Loan

  2. RBL Bank Personal Loan

  3. RBL Bank Credit Card

  4. RBL Bank Loan Against Property

  5. RBL Bank Car Loan

RBL Bank Business Loan Customer Care

You can contact the RBL bank customer care if you have any query or complaints or when you need any assistance regarding the RBL bank Business loan.

Here is the RBL Bank Business loan customer care number:

+9122 6115 6300

FAQs On RBL Business Loans

Q.1 What is the maximum Business loan amount offered by RBL Bank?

The Maximum Business loan amount of RBL Bank Business Loan is Rs. 35 Lakhs.

Q.2  What is the tenure of RBL Bank’s Business loan?

The maximum tenure approved for repayment by RBL Bank for a Business loan is up to 3 Years.

Q.3 What were the processing fees charged by RBL Bank’s Business loan?

RBL Bank Business loan charges processing fees are up to 2% - 3%  of the loan amount.

Q.4 What was the age required for RBL Bank’s Business loan?

The age required for salaried employees is 27 years at the time of application for loan to 65 years at the time of the loan maturity.

Last Updated on : 10/Apr/2021

Know More About

Rbl Bank Business Loan

You're eligible for a Rbl Bank Business Loan if you:

Are legally adult enough to handle it

Have still got it

Get a regular pay check

Make more than a basic buck

Your eligibility depends on:

Earn more than minimum income required

Maximum allowed Business Loans is Rs. 10K to Rs. 45 lakhs

EMIs of other loans loweryour eligibility

Boost your eligibility by:

Pay off your credit card bills

Choose longer tenure loan up to 5 years

Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Residence proof
  • 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 Business Loan Interest Rates

Updated on 25 Nov 2017

Rbl Bank Business Loan Details
Interest Rate (Monthly reducing balance) 10.65% - 16.25%
Processing Fees 3% of loan amount
Loan Tenure 1 year to 3 years
Pre-closure Charges Varies with bank
Guarantor Requirement Varies with bank

Business Loans EMI Calculator

Loan Amount


Interest Rate


Loan Tenure


Your Monthly Loan EMI