Bank guide
RBL Bank loan settlement — process, waiver range & how Debtrix helps
RBL settlement facts
- Typical waiver range
- 35-60%
- Best results after
- 90+ days past due
- Settlement desk posture
- RBL Bank, Customer Service 1800-102-7070
- RBL processes settlement applications relatively quickly
- Digital documentation is preferred
- Settlement offers are valid for 15-30 days
- RBL requires a full and final settlement deed
Waiver ranges above are indicative aggregates. RBL Bank decides every settlement individually — no outcome is guaranteed, and we will never promise a number to win your business.
The process
How a RBL settlement runs with Debtrix
- 1
Contact RBL's settlement department
- 2
Submit a formal settlement request with income documentation
- 3
Await document verification and financial assessment
- 4
Receive the settlement offer letter
- 5
Make the payment within the specified period
- 6
Get the NOC and account closure confirmation
Documents
RBL settlement document checklist
Verified letters
RBL Bank settlement letters
Name, card number, and amounts redacted.
FAQ
RBL settlement questions
What is RBL's typical settlement percentage?
RBL typically offers 35-55% waiver on personal loans and 40-60% on credit cards.
Can I settle RBL credit card online?
Yes, RBL offers online settlement applications through their portal.
How long does RBL settlement take?
Typically 30-45 days from document submission to closure.
Does RBL require legal documentation?
RBL requires a compoundability letter and full and final settlement deed.
Will I get my credit card blocked during settlement?
RBL typically blocks the card once settlement is initiated.