Loans & Loan Buddy

Eligibility, documents, charges

Accounts & deposits

Open, close, statements

Cards & UPI

Block, limits, disputes

Security

Fraud, passwords, KYC

Loan policy articles

Who is eligible for a RayBank loan?
Indian residents aged 21–65 with a steady income. Salaried applicants need at least 1 year of total work experience, self-employed applicants at least 3 years of business vintage. Minimum monthly income: ₹25,000 (Personal), ₹40,000 (Home). Article LP-GEN-001
What documents do I need?
Identity: Aadhaar and PAN. Income: last 3 salary slips and 6 months’ bank statements (salaried), or last 2 years’ ITR (self-employed). Home loans also need the sale agreement and property papers. Article LP-GEN-004
What fees and charges apply?
Processing fee: 0.5–1.5% of the loan amount plus GST. No hidden charges; all fees are shown before you submit. Article LP-GEN-006
Prepayment & foreclosure policy
Floating-rate home loans: no prepayment charges. Fixed-rate loans: 2% on the amount prepaid within the first 3 years. Personal loans: 3% foreclosure charge after 12 EMIs. Article LP-HL-014 · updated 12 Aug 2026