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FIRST AND FOREMOST ! 
WARNING 1 ---->
This is ONLY a SETTING that will help you get a decent starting base if you want to use Reshade and Marty's Mods Immerse Pro.

WARNING 2 ---->
RTGI and Immerse Pro are not FREE : in order to use this setting you need to be a patreon, this starts here : Marty's Mods

WARNING 3 ----> I won't provide help on how to install and use RTGI and Immerse Pro. The process is not rocket science but it's not plug&play either. If you become a Patreon you can join their Discord and find all the needed documention, also, they  will help you there. 
If you need help nevertheless or want to discuss or share your results you can join here : Aero24 Discord

WARNING 4 ---> RTGI works on any graphic cards (doesn't need to be a NVIDIA RTX). This setting is rather on the "Ultra" side of things so expect a HUGE FPS dropout. I still manage to play 1K units battles with full settings with it on a venerable (but well optimized) I7-7900K and a RTX3060 so if you don't mind falling under 40 fps from time to time you'll still enjoy the improved graphics. 

HOW TO INSTALL : Once you have the correct version of Reshade (you need the addon version from this page : Reshade ) and RTGI+Immerse Pro installed, copy the ini. file in your Bannerlord Bin directory (/win64_shipping_client/). Once in reshade (Press Home button) you can select the setting and it will load. 
Your Reshade parameters should look like this : 

Immerse modules are highly editable so my setting is basically a (hopefully) decent start that you can tweak according to your taste and liking. It's not absolutely perfect but it's a good mix for Bannerlord : the menus and campaign map still look good with it. Only thing you might not like is the Depth of Field : it's perfect for battle scenes but blurs the letters in dialogs (personally I switch it on and off when needed, it take 2 secs and you can even bind a key for that in reshade).

You won't get the same image quality or immersion without the followings mods/assets made by skilled modders : 
Orbis Terrae Armarium 
Cinematic Combat 
Ancient Civilisations 
Vaegir Armoury 
Open Source Armory 
Swadian Armoury
Erik's Troops for Europe 1100
The conjunction of Spheres
Last but not least, if you do not wish to use/pay RTGI and Immerse Pro you will find very interesting solutions with Ratthew's Settings (which also includes another setting for RTGI)  here  .

Another solution is also Artem's Reshade