Bandhan Bank Gold Loan

Bandhan Bank | Gold Loan | 08-Apr,2021

About Bandhan Bank: Bandhan Bank Limited is an Indian banking and financial services provider headquartered in Kolkata, West Bengal. The bank was founded by Chandra Shekhar Ghosh on August 23, 2015. It has been providing banking and financial services since that date. According to sources, Dr. Anup Kumar Sinha currently holds the position of Chairman of Bandhan Bank.

Detail: 1) Gold Loan amount starts from Rs 10,000. 2) Applicants must be at least 18 years of age, and less than 70 years of age at the time of loan maturity.

Annual Percentage Rate (APR): 12.00% p.a.

Minimum & Maximum period for repayment (Loan Tenure): 6 months to 36 months

Loan processing charges: 1% of loan amount sanctioned plus GST

Late Payment: --

Foreclosure Charges: N/A

Partpayment Charges: N/A

Maximum Loan Amount: Up to Rs. 10 lakhs

Bandhan Bank Profile

Sector : Finance

Industry : Regional Banks

Bandhan Bank primarily focuses on banking and financial services and is considered one of the leading companies in this sector. The bank offers a wide range of loans, including personal loans, business loans, car loans, home loans, and others. As of 2020, it had an employee base of 47,260. The bank has a presence in 34 of Indias 36 states and union territories.

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Bandhan Bank ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 15% p.a. Up to Rs. 5 lakhs 12 to 36 months 1% of loan amount 2%/month on EMI outstanding -- --
Business Loan 12% Rs.25 lakh 12 to 60 months 1% of the loan amount excluding applicable taxes -- -- --
Gold Loan 12.00% p.a. Up to Rs. 10 lakhs 6 months to 36 months 1% of loan amount sanctioned plus GST -- N/A N/A

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