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Personal loans up to ₹25 Lakh.
Money for life's important moments, from a lender that grows with you. Your Prime Membership opens a ladder of ten personal loans from RBS Nidhi, from ₹5,000 up to a total of ₹25 Lakh.
Borrow for what matters, responsibly
A personal loan gives you quick access to money with minimum documentation. With RBS Nidhi, your Prime Membership turns it into a ladder: you start with a small loan and borrow more as you repay.
Step 1, ₹5,000, opens 72 hours after your membership is active. Repay it in full and step 2 unlocks 240 hours later, and so on through ten steps that add up to ₹25 Lakh. Every step is charged interest at 13% a year and a processing fee of 5% of the loan amount. You receive the full loan amount; the processing fee is paid with your repayment, never deducted upfront.
Starter steps below ₹1 Lakh are repaid within the step's window, in one go or in parts. From ₹1 Lakh upwards, you choose an EMI tenure of up to 60 months, so the larger loans fit your monthly budget.
Personal loans can be used for many purposes, from medical bills to a dream wedding. Borrow for a responsible and legal reason, and only what you can repay.
Apply for a loanOne ladder, one simple rate
Each step is a loan from RBS Nidhi at 13% a year. You receive the full amount and pay the 5% processing fee with your repayment. Repay a step in full and the next one unlocks 240 hours later.
- Step 1 ₹5,000
- Step 2 ₹15,000
- Step 3 ₹25,000
- Step 4 ₹35,000
- Step 5 ₹70,000
- Step 6 ₹1 L
- Step 7 ₹2 L
- Step 8 ₹4 L
- Step 9 ₹8 L
- Step 10 ₹8.5 L
Types of personal loan
Achieve your goals and aspirations with the right kind of help, exactly when you need it.
Medical emergency
Medical emergencies come without warning, and treatment costs keep rising. Use a step of your ladder to cover them, subject to your eligibility.
Wedding
Weddings in India are costly and can take all your savings. A personal loan eases the burden and gives you the chance to have the wedding of your dreams.
Travel & vacation
Pay for your holiday without upsetting your monthly budget: starter steps can be repaid in parts, and larger steps in EMIs of up to 60 months.
Higher education
Finance tuition, residence fees and other academic expenses as your ladder grows, with EMIs of up to 60 months on steps from ₹1 Lakh.
Top features of our personal loan
Loans that grow with you
Ten steps from ₹5,000 up to ₹25 Lakh in total. Repay a step in full to unlock the next.
One simple rate
13% a year on every step, plus a 5% processing fee that you pay with your repayment. You always receive the full loan amount.
Step 1 opens in 72 hours
Step 1 opens 72 hours after your membership is active, and the loan goes to your bank account. The disbursal process can take 3–5 business days.
No foreclosure charges
Repay a loan early at no extra cost. If a payment is overdue, penal charges apply to the overdue amount in line with RBI guidelines.
Free expert consultancy
Our experts advise you throughout the entire loan process, empowering you to make wiser choices.
Personal Loan — who can apply
Salaried, self-employed and professional applicants from public and private companies and government and public sector employers are eligible for a personal loan.
For salaried individuals
- Applicants must be between 21 and 57 years of age.
- Income of at least ₹15,000 per month, credited directly to the applicant's bank account.
- A minimum of two years of employment with your present organisation.
- A minimum CIBIL score of 600, or an Experian score of 650 or more.
For self-employed individuals
- A minimum in-hand income of ₹15,000 per month.
- Income must be credited directly to the applicant's bank account.
- A minimum CIBIL score of 600, or an Experian score of 650 or more.
- Applicants must be between 21 and 57 years of age.
Frequently asked questions
Your Prime Membership opens ten personal loans from RBS Nidhi, from ₹5,000 up to a total of ₹25 Lakh. Step 1 opens 72 hours after your membership is active, and each time you repay a step in full, the next one unlocks 240 hours later.
Step 1 opens 72 hours after your membership is active. Once you accept a loan's agreement and Key Fact Statement, the full amount is sent to your bank account. The disbursal process can take 3–5 business days.
Yes. There are no foreclosure charges: you can repay a loan in full before it is due, at no extra cost. The next step then unlocks 240 hours later. If a payment is overdue, penal charges apply to the overdue amount in line with RBI guidelines, as set out in your loan agreement and Key Fact Statement.
Every step is charged interest at 13% a year and a processing fee of 5% of the loan amount. The fee is never deducted from your loan: if you take ₹5,000, you receive ₹5,000. You then repay ₹5,330 within 45 days, in one go or in parts (₹5,000 loan + ₹80 interest + ₹250 processing fee). On EMI steps the fee is split equally across your EMIs: on ₹1 Lakh over 36 months you pay ₹3,508 a month, a ₹3,369 EMI plus ₹139 of fee. The loan agreement and Key Fact Statement for each loan show the exact cost before you accept it.
Starter steps below ₹1 Lakh are repaid, with interest and the processing fee, any time within the step's window, in one go or in parts. From ₹1 Lakh upwards, you repay in monthly EMIs over a tenure you choose, up to 60 months, with the processing fee split equally across them.
The minimum salary required is ₹15,000 for non-metro cities and ₹20,000 for metro cities.
Here are the requirements you need to meet:
- You must be a citizen of India.
- Your age must be between 21 and 57 years.
- You must be employed with an MNC, public agency or private firm, or be self-employed.
- You must meet the salary requirements for your city of residence.
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Get financing for whatever you need, now.
Become a Prime member: step 1 of your loan ladder opens 72 hours after joining.