Products

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Personal loan

Our personal loan products help you meet any immediate financial requirements, and the complete digital process enables you to get the money instantly. You can apply for a loan with just a few clicks without much hassle.

With our personal loan now you can plan
  • Wedding function
  • Children higher education
  • Home renovation
  • Professional expenses
  • Immediate business expenses
  • Pay for family holiday
Salient features
  • Collateral free
  • Multi-purpose usage
  • Digital processing
  • Instant approval
  • Quick disbursal
  • Simple online process
Basic eligibility criteria
  • Applicant minimum age of 21 years
  • Minimum 1 year of work experience
  • Monthly income of 20k
  • Good Bureau Score.
  • Decent Banking Habit
Documents required

All the below documents needs to be submitted as per RBI guidelines.

  • KYC documents
  • Address proof
  • Income proof
  • Bank statement
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Personal loan for education expenses

RTFL personal loan product specially addresses the educational expenses of aspiring Indian Families. Every Indian family believes that “A good education is a foundation for a better future”, and everyone is willing to provide the best education to their children. RTFL helps every parent realise their children's education dreams by partnering with schools.

Salient features
  • Collateral free
  • Digital processing
  • Instant approval
  • Quick disbursal
  • Simple online process
Basic eligibility criteria
  • Applicant minimum age of 21 years
  • Monthly income of minimum 20k
  • Good Bureau Score
  • Decent Banking Habit
Documents required

All the below documents needs to be submitted as per RBI guidelines.

  • KYC documents
  • Address proof
  • Bank statement
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LAP

Now you can avail a loan for your Business and Personal requirement with our loan against property. In a Loan against property, we accept the residential or commercial property as collateral and offer a longer repayment tenor.

You can also use loans against property loans for your Business expansion, house renovation, child’s marriage or higher education.

In case you have already availed the loan on your existing property, you can do a balance transfer at an attractive interest rate with an additional loan amount.

Salient features
  • Funding against residential & commercial properties
  • Longer loan tenure
  • Easy documentation and processes
  • Loan Transfer and Top-up facility
  • Multiple loan programs based on Income/ Banking/GST return
  • Loan against property for Salaried & Self employed
  • You can also avail loan to purchase a commercial properties
Who can apply?
  • Salaried
  • Professionals
  • Traders
  • Small and medium businesses
Documents required

All the below documents needs to be submitted as per RBI guidelines.

For Salaried:
  • KYC Documents
  • Address Proof
  • Income Proof (Latest year ITR or Form 16 and Last 3 months salary slip)
  • latest 6 months salary credit bank statement
  • Property Documents

In case of Balance Transfer, Existing Loan Documents (Statement of Account/Repayment Schedule, Sanction Letter)

For Self Employed:
  • KYC Documents
  • Address Proof
  • Business Proof
  • Income Proof(Latest year ITR along with financials and GST returns)
  • Latest 6 months bank statement
  • Property Documents

In case of Balance Transfer, Existing Loan Documents (Statement of Account/Repayment Schedule, Sanction Letter)

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Secured Business Loan

By submitting the assets as a collateral, required funds can be availed through our tailor made products. Our loan officer understand your business model and propose a solutions that suits your funding requirement. Businesses like Grocery Stores, Tailoring Shops, Vegetable Vendors, Agriculture Farms, Small mechanic shops, etc., can apply and avail this type of loan.

The funds can be used for business expansion, machinery purchases, working capital needs, purchasing raw materials and business infrastructure development

Salient features
  • Easy documentation and process
  • Loan Transfer and Top-up facility is available
  • Quick disbursal
  • Complete transparency and fully supportive for the business development
  • Custom-tailored loan for various businesses
  • Flexible Loan Amount along with Flexible Tenure
Basic eligibility criteria
  • Minimum Age to apply is 21 years and maximum age is 58 years.
  • Profitable Business for last 2 years.
  • Business continuity for 3 years.
  • Should have good credit score, repayment and financial history
Documents required

All the below documents needs to be submitted as per RBI guidelines.

  • KYC documents
  • Address proof
  • Income proof
  • Bank statement
  • Property Documents

In case of Balance Transfer, Existing Loan Documents (Statement of Account/Repayment Schedule, Sanction Letter)

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Structured Finance

Structured Finance is specially designed for corporates to resolve their immediate short & long term financial requirements. Such requirements are resolved through our tailor-made products.

Salient features
  • Short-Term Financing options at attractive interest rates.
  • Fulfils the highly defined needs.
  • Helps to focus on the business and to improve the capital return.
  • Tranforms cash flows and reshapes the financial portfolios liquidity.
Documents required

All the below documents needs to be submitted as per RBI guidelines.

  • KYC documents
  • Address proof
  • Income Proof (ITR along with audited financial for last 3 years)
  • Bank statement for 12 months.
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T&C