Following the experimental realization of Quantum anomalous Hall (QAH) effect in thin films of chromium-doped (Bi,Sb)Te, enhancing the work temperature of QAH effect has emerged as a significant and challenging task. Here we demonstrate monolayer TbCl as a promising candidate to realize the room temperature QAH effect. Using DFT+U method, double checked by HSE06 and DMFT calculations, we identify the Hall conductivity per layer in three-dimensional ferromagnetic insulator TbCl, which is a weakly stacking of QAH layers. The monolayer TbCl inherits the magnetic and topological properties, exhibiting the QAH effect with Chern number =-1. The large topological band gap reaches 42.8 meV, which is beyond room temperatue. The extended 5 electrons lead to sizable exchange and superexchange interactions, resulting in a high Curie temperature 457K. All these features demonstrate that monolayer TbCl will provide an ideal platform to realize the room temperature QAH effect.

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