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.
Attractive rate of interest in your Savings Account balance. Interest earned on NRE accounts is exempt from Indian Income Tax. Higher transaction limits and a host of benefits ‘At par’ cheque facility – 20 leaves free every month. Unlimited free cash withdrawal at Bandhan Bank ATMs and 5 free transactions at other bank. Bandhan Bank has revised its fixed deposit rates on retail term deposits and bulk deposits. Deposits less than Rs. 2 crore range from 3.50% to 7.65% (for regular individuals) for deposits with tenure of 7 days to 10 years. BANDHAN BANK FD calculator online - Calculate BANDHAN BANK FD Interest rate using BANDHAN BANK Fixed Deposit calculator 2021. Check BANDHAN BANK FD rate of interest and calculate FD final amount via BANDHAN BANK FD Calculator on The Economic Times. 0.2 Base Rate of Bandhan Bank – 12.00% 0.3 Bandhan Bank Savings Bank Account Interest Rate 0.4 Fixed Deposit Interest Rates – 7.40% for general & 8.15% for Senior Citizens, for 2 Year Maturity.
Details of Bandhan Bank Home Loan
| Interest Rates | 8.75% – 12.00% |
| MCLR Rate | 10.50% |
| Processing Fee | Upto 1% of the loan amount subject to minimum of Rs.5,000/- |
| Pre Payment Charges | Nil |
| Repayment | 30 Years |
| Gurrantor | Mortgage of House / Flat |
| Age | 23 – 65 |
| Loan Amount | 4 times of annual salary |
| Margin | 15-25% |
| Bank | Bandhan Bank |
| Toll Free Number | 1800-258-8181 |
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
| MCLR | ROI |
| Overnight | 9.71% |
| 1 Month | 9.74% |
| 3 Month | 9.78% |
| Six Month | 9.84% |
| One Year | 10.11% |
| 2 Year | 10.62% |
| 3 Year | 10.71% |
Bandhan Bank Loan
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.
- 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
Bandhan Bank Loan Interest Rate
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.
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
| Tenor | MCLR |
| Overnight | 9.39% |
| 1 Month | 9.43% |
| 3 Month | 9.52% |
| 6 Month | 9.62% |
| 1 Year | 9.95% |
| 2 Year | 10.73% |
| 3 Year | 11.06% |
Base Rate of Bandhan Bank – 12.00%
Bandhan Bank Savings Bank Account Interest Rate
Domestic and Non Resident Rupee Savings Bank Account
- Daily Balance up to Rs. 1 Lac = 4.00%
- Daily Balance above Rs. 1 Lac = 6.00%
- Daily Balance above Rs. 10 Lac to 50 Crore = 6.55%
- 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.
| No | Loan Product | Loan Amount | Tenure | Rate of Interest |
|---|---|---|---|---|
| 1 | Suchana(Micro Loan) | 1,000 – 15,000 Subsequent increase upto 10,000 | 12 months | 22.40 % |
| 2 | Srishti(Micro Enterprise Loan) | 16,000 – 50,000 Subsequent increase upto 10,000. Loan does not exceed 35,000- in the first cycle | 24 months | 22.40 % |
| 3 | Samriddhi(Micro Small and Medium Enterprise Loan) | 51,000 – 5,00,000 | 12/18/24 months | 22.40% |
| 4 | Suraksha(Micro Health Loan) | 1,000 – 10,000 | 12 months | 12.00% |
| 5 | Susikhsha (Micro Education Loan) | 1,000 – 10,000 | 12 months | 12.00% |
| 6 | Fisheries | 10,000 – 1,00,000 | 12/24 months | 22.40% |
Future Plans of Bandhan Bank
- 632 Branches and 250 ATM’s by the end of this financial year.
- Presence in 27 States
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
Interest Rate Of Bandhan Bank
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.
PROCESSING FEES – 3% of the Loan Amount plus taxes as applicable. / Documentation charges ₹ 500 plus taxes as applicable
SIMPLIFIED DOCUMENTATION
Bandhan Bank Rd Rates
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
Fd Rate Of Bandhan Bank
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 info@bandhanbank.com