Reducing Balance Home Loan
Code: RBL
Active Loan Type
This loan type is currently available for new applications.
Basic Information
| Name: | Reducing Balance Home Loan |
| Code: | RBL |
| Status: | Active |
| Created: | Sep 09, 2025 |
Description:
Interest calculated on remaining principal after each EMI payment.
Financial Terms
| Interest Rate: | 8.50% p.a. |
| Min Amount: | ₹500,000 |
| Max Amount: | ₹10,000,000 |
| Min Tenure: | 60 months |
| Max Tenure: | 360 months |
| Processing Fee: | 0.50% |