Rate Of Bandhan Bank

Posted : admin On 27.02.2021

Bandhan Bank (बंधन बैंक) Home Loan, Two wheeler loan, Loan Against Property, Loan against term deposit, Business Loan have with 4229 Branches, 476 Atm’s and loan book of Rs 21,900 crore and savings accounts totalling 29,711 crore and loan outstanding of Rs. 32055 crore.

Bandhan Bank is entering the primary market on Thursday 15 th March 2018 to sell up to 11.93 crore equity shares of Rs. 10 each, 82% via fresh issue and 18% via offer for sale (OFS) by World Bank’s IFC, both in the price band of Rs.370 to Rs. Representing 10% of the post issue paid-up share capital, total issue size is Rs. Women can start off this group loan by having a Savings Account with Bandhan bank. The loan amount one can avail under this scheme is from Rs. The loan repayment tenure is 1 year.

  • She approaches Bandhan Bank for a home loan of Rs. The bank carefully examines whether she is eligible for the loan or not. After checking her repayment capacity, the bank offers her the same.
  • What is the interest rate on Bandhan bank car loan EMI? The rate of interest for a Bandhan bank car loan EMI starts at 18.00%. The interest rates may vary across different Banks. Further, the interest factor is additionally hooked in to the sort of two-wheelers you would like to shop for, the income of the applicant, age, and occupation.

The organization has a network of 2,022 branches spread across 22 Indian states and Union territories, serviced by over 25,500 employees. BFSL had a loan book of around ₹ 9,524 crore and an impressive repayment rate of over 99%.

The 2,022 BFSL branches are being converted into door step service centres for Bandhan Bank which started with 501 branches and 50 ATMs on day one. It will have 841 branches and 476 ATMs.

Table of Content

Bandhan Bank Marginal Cost of funds based Lending Rates (MCLR) effective from March 2020

TenorMCLR
Overnight9.39%
1 Month9.43%
3 Month9.52%
6 Month9.62%
1 Year9.95%
2 Year10.73%
3 Year11.06%

Base Rate of Bandhan Bank – 12.00%

Bandhan Bank Savings Bank Account Interest Rate

Domestic and Non Resident Rupee Savings Bank Account

  1. Daily Balance up to Rs. 1 Lac = 4.00%
  2. Daily Balance above Rs. 1 Lac = 6.00%
  3. Daily Balance above Rs. 10 Lac to 50 Crore = 6.55%
  4. Daily Balance above Rs. 50 Crore = 7.00%

Fixed Deposit Interest Rates – 7.40 % for general & 8.15% for Senior Citizens, for 2 Year Maturity.

NoLoan ProductLoan AmountTenureRate of Interest
1Suchana(Micro Loan)1,000 – 15,000
Subsequent increase upto 10,000
12 months22.40 %
2Srishti(Micro Enterprise Loan)16,000 – 50,000
Subsequent increase upto 10,000. Loan does not exceed 35,000- in the first cycle
24 months22.40 %
3Samriddhi(Micro Small and Medium Enterprise Loan)51,000 – 5,00,00012/18/24 months22.40%
4Suraksha(Micro Health Loan)1,000 – 10,00012 months12.00%
5Susikhsha (Micro Education Loan)1,000 – 10,00012 months12.00%
6Fisheries10,000 – 1,00,00012/24 months22.40%

Bandhan Bank Of India

Future Plans of Bandhan Bank

  • 632 Branches and 250 ATM’s by the end of this financial year.
  • Presence in 27 States

Slot machine with cows and aliens. MONTHLY STATUS 2017

States & Union Territories- 22
Branches – 2,022
Borrowers – 67,17,331
Staff – 13,067
Loan disbursed for the month – 1,601 crores
Loan outstanding – 10,242 crores

Bandhan Bank Home Loan

AVAILABLE HOME LOAN SERVICES
Purchase of new / resale residential property
Self -Construction on own land
Repair and renovation Loan
Top up loan
Balance transfer loan
Extension of property loan

Base Interest Rate – 12.41% – 13.86% p.a

PROCESSING FEES – 1% of the Loan Amount plus taxes as applicable / Minimum ₹ 5000/- plus taxes as applicable

Eligibility

Available to Salaried / Self-employed Professionals / Self-employed Non-Professionals.
Minimum age of the borrower should be 23 years & above and maximum age at loan maturity to be 65 years or retirement age, whichever is earlier

Documents To Be Submitted :

  • Valid KYC ID Address and Age Proof
  • Income Documents
  • Statement of operative bank accounts for last 6 months
  • Repayment Track record of existing loans
  • Details of property proposed to be purchased or constructed

Bandhan Bank Two wheeler Loan

Bandhan Bank’s Two Wheeler Loan offers you lowest rates of 15.50% – 17.60% with minimum formalities for documents, papers etc.

Bandhan

PROCESSING FEES – 3% of the Loan Amount plus taxes as applicable. / Documentation charges ₹ 500 plus taxes as applicable

SIMPLIFIED DOCUMENTATION

Repay in Equated Monthly Instalments through Standing Instructions or Electronic Clearing System facility

Documents required:

  • Valid KYC ID Address and Age Proof
  • Income Documents
  • Statement of operative bank accounts for last 6 months
  • Quotation / proforma invoice of vehicle proposed to be purchased

Bandhan Bank Loan against property

Bandhan Bank’s Loan Against Property that finances your impending goals and responsibilities. From paying your child’s college fees to planning his/her wedding, you can now access easy finance against your residential or commercial property without liquidating your fixed assets.

PROCESSING FEES
1% of the Loan Amount plus taxes as applicable / Minimum ₹ 5000/- plus applicable service taxes

Easy to understand documents.
Door Step assistance

Documents To Be Submitted :

  • Valid KYC ID Address and Age Proof
  • Income Documents
  • Statement of operative bank accounts for last 6 months
  • Repayment Track record of existing loans
  • Details of property proposed to be mortgaged
  • Interest Rates – 12.41% – 14.61%

Locate the nearest Bandhan Bank branch around you. For further assistance you can also call us on our toll free number 1800-258-8181 or simply drop us an email on [email protected]

Bandhan Bank Home Loan – Get Instant quotes on Interest Rates, MLCR Rates, EMI, Lowest EMI per month, Processing fees, MCLR rates, eligibility, loan amount & process online of बंधन बैंक होम लोन.

Latest Update 2021: No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.

Details of Bandhan Bank Home Loan

Interest Rates8.75% – 12.00%
MCLR Rate10.50%
Processing FeeUpto 1% of the loan amount subject to minimum of Rs.5,000/-
Pre Payment ChargesNil
Repayment30 Years
GurrantorMortgage of House / Flat
Age23 – 65
Loan Amount4 times of annual salary
Margin15-25%
BankBandhan Bank
Toll Free Number1800-258-8181

Home Loan applications received for rupees ₹ 419,027 crores till 06 March 2021

Apply for Home Loan & Check your CIBIL score absolutely FREE.

Bandhan Bank MCLR Rate MCLR 2021

MCLRROI
Overnight9.71%
1 Month9.74%
3 Month9.78%
Six Month9.84%
One Year10.11%
2 Year10.62%
3 Year10.71%

Bandhan Bank Home Loan EMI Calculator

Bandhan bank home loan calculator helps you in find out how much per month amount you have to pay for your dream home, You can calculate the emi on the basis of Interest Rates, Loan Amount & Repayment period.

About Bandhan Bank

The RBI licensing norms stipulate that a new bank must have a ₹ 500 crore capital. Bandhan Bank starts with a capital base of ₹ 2,570 crore and this will soon rise to ₹ 3,052 crore.

The 2,022 BFSL branches are being converted into door step service centres for Bandhan Bank which started with 501 branches and 50 ATMs on day one. It will have 632 branches and 150 ATMs across 27 states by the end of fiscal year 2015-16. Its total staff strength is around 19,500.

Documents Required for Bandhan Bank Home Loan

The list of important documents required to avail a home loan from Bandhan Bank has been given below.

Fd rate of bandhan bank

Interest Rate Of Bandhan Bank On Fixed Deposit

  • Completely filled application form
  • Identity Proof- PAN Card/ Passport/ Driving License/ Voter ID Card/ Aadhaar Card
  • Address Proof-Utility Bill/ Rent and Lease agreement/ Passport/ Voter ID Card/ Aadhaar Card
  • Income Proof-(For Salaried)- Salary slips of the last three months, Form 16 for the last two financial years.(For Self-employed)-Audited Balance Sheet and Profit & Loss Account Statement for the past three years and Income tax returns for the past three years
  • Signature Verification Proof-PAN Card/Passport/Driving License
  • Property Documents Like Cost Estimation, Property Allotment Copy, Property Map, Complete Property Chain, etc
  • Processing Fee Cheque
  • Business Establishment Proof-Utility Bills of Shops & Establishments