Personal Loan (EMI)

Are there any charges for taking a Salary Advance?
Yes, charges will apply as per the current Service & Price guide.
What is the eligibility for a Salary Advance?
Amount payable would be subject to credit approval.
Who is entitled for a Salary Advance?
Salaried Professional with a salary of Rs 30,000 and above.(Subject to receiving a minimum of three salaries credited to the account).
What is Salary Advance?
A Salary Advance is a temporary advance against salary or pension, where your salary is transferred directly to RAKBANK. This advance is repaid by the following month’s salary credited into the account.

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