
Bandhan Bank | Personal Loan | 03-Mar,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: The applicant should be between 21 to 60 years of age at the time of the loan.
Annual Percentage Rate (APR): 15% p.a.
Minimum & Maximum period for repayment (Loan Tenure): 12 to 36 months
Loan processing charges: 1% of loan amount
Late Payment: 2%/month on EMI outstanding
Foreclosure Charges: --
Partpayment Charges: --
Maximum Loan Amount: Up to Rs. 5 lakhs
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.
You will go on the Official website.
| Bandhan Bank | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 15% p.a. | Up to Rs. 5 lakhs | 12 to 36 months | 1% of loan amount | 2%/month on EMI outstanding | -- | -- |
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Business Loan | 12% | Rs.25 lakh | 12 to 60 months | 1% of the loan amount excluding applicable taxes | -- | -- | -- |
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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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