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Disclaimer: Bandhan Bank is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Bandhan Bank for home loans. No offers/services from Bandhan Bank are being provided by Paisabazaar for home loans. For further information about Bandhan Bank for home loans, users are required to reach out directly to Bandhan Bank.
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Bandhan Bank Home Loan Highlights |
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Interest Rate |
8.66%- 15.00% p.a. |
| LTV Ratio (Loan Amount) | Up to 90% of the property cost |
| Tenure | 1- 30 years |
| Processing Fees | Up to 1% |
Note: Last updated on 5 May 2025
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Table of Contents
Bandhan Bank Home Loan Interest Rates
Bandhan Bank Home Loan interest rates start from 8.66% p.a. While the lender has not disclosed its differential interest rates, it may consider the monthly income, job profile, employer’s profile, credit score, etc. of its home loan applicants while setting their home loan interest rates, just like other lenders do.
| Types of Home Loans | Interest Rates (p.a.) |
| Suraksha Home Loan | 8.66%-12.83% |
| Sajavat Home Loan | 8.66%-12.83% |
| Su-awas Home Loan | 13.00%-15.00% |
| Suvidha Home Loan | 8.66%-12.83% |
Compare Home Loan Interest Rates for Top Banks & HFCs
| Name of Lender | Loans Up to Rs. 30 Lakh | Loans Above Rs. 30 Lakh to Rs. 75 Lakh | Loans Above Rs. 75 Lakh | |
| SBI | 8.00%-9.15% p.a. | 8.00%-9.15% p.a. | 8.00%-9.15% p.a. | Check Eligibility |
| HDFC Bank Limited | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards | Check Eligibility |
| Bajaj Housing Finance | 7.99%-17.00% | 7.99%-17.00% | 7.99%-17.00% | Check Eligibility |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Axis Bank | 8.75%-12.80% p.a. | 8.75%-12.80% p.a. | 8.75%-9.65% p.a. | Check Eligibility |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Check Eligibility |
| Punjab National Bank | 8.05% - 9.85% p.a. | 8.00% - 9.75% p.a. | 8.00% - 9.75% p.a. | Check Eligibility |
| Kotak Mahindra Bank | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Bank of Baroda | 8.00% - 9.65% p.a. | 8.00% - 9.65% p.a. | 8.00% - 9.90% p.a. | Check Eligibility |
| Canara Bank | 8.00% – 10.75% p.a. | 7.95% – 10.75% p.a. | 7.90% – 10.65% p.a. | Check Eligibility |
| IDFC FIRST Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Check Eligibility |
| IDBI Bank | 8.40% p.a. onwards | 8.40% p.a. onwards | 8.40% p.a. onwards | Check Eligibility |
| Punjab & Sind Bank | 8.30% – 11.50% p.a. | 8.30% – 11.50% p.a. | 8.30% – 11.50% p.a. | Check Eligibility |
| RBL Bank | 9.00% p.a. onwards | 9.00% p.a. onwards | 9.00% p.a. onwards | Check Eligibility |
| LIC Housing Finance | 8.00% p.a. onwards | 8.00% p.a. onwards | 8.00% p.a. onwards | Check Eligibility |
| Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Check Eligibility |
| Sammaan Capital (Formerly known as Indiabulls Housing Finance) | 8.75% onwards | 8.75% onwards | 8.75% onwards | Check Eligibility |
| Aditya Birla Capital | 8.60% onwards | 8.60% onwards | 8.60% onwards | Check Eligibility |
| India Shelter Home Loan | 11.59% onwards | 11.59% onwards | 11.59% onwards | Check Eligibility |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Godrej Housing Finance | 8.55% onwards | 8.55% onwards | 8.55% onwards | Check Eligibility |
| Home First Finance | 11.90% onwards | 11.90% onwards | 11.90% onwards | Check Eligibility |
| Easy Home Finance | 8.95% onwards | 8.95% onwards | 8.95% onwards | Check Eligibility |
| Piramal Capital Housing Finance | 9.50% onwards | 9.50% onwards | 9.50% onwards | Check Eligibility |
| Cholamandalam Investment and Finance | 10.50% onwards | 10.50% onwards | 10.50% onwards | Check Eligibility |
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Bandhan Bank Home Loan Fees and Charges
| Description | Charges |
| Login Fees | Rs 3,500 + GST |
| Processing Fees | Up to 1% |
| Administrative Fees | 0.25% – 2.00% + GST |
| Pre-payment Charges on Fixed Rate of Interest | For loans repaid less than 12 months- 4% of outstanding principal + GST
For loans repaid more than 12 months: 2% of outstanding principal + GST for loans repaid after 12 months For cases disbursed under Erstwhile Gruh subject to submission of documentary proof of own source of funds- NIL |
| Pre-payment Charges on Floating Rate of Interest | If the applicant and co-applicant are individuals- NIL
For one or more non-individual applicants- 2% + GST |
| Rate of Interest Conversion Charges | 0.50%-1.25 % of the outstanding balance depending on the options exercised for PLR linked loans. Rs 3,000 for EBR conversion |
| Charges for Cheque Bounce | Rs 500 + GST |
| Penal Charges (late payment of EMIs, etc) | 2% of the overdue amount |
| Account Statement | Provided free of cost once annually; Rs 100 + GST for subsequent requests |
| Income Tax Certificate | Provided once annually free of cost; Rs 30 + GST for subsequent requests |
| CERSAI Charges | For creation: Rs 100 + GST;
For satisfaction: NIL |
| CIC Charges | Rs 150 per individual + GST |
| Valuation Report Charges | As per actual but not exceeding Rs 5,000 per property being offered as security to Bank |
| Technical Inspection Charges | For Subsequent Inspection during phase wise disbursement a) Rs 250 per visit for local + GST; and b) Rs 350 per outstation + GST |
| Search Report and TCC Charges | Maximum Rs 5,000 per property offered as security to the bank |
| Charges for registration of mortgage and release of charges | On actual |
| Copy of Property Documents | Rs 500 + GST |
| Stamp duty and Statutory Charges | At actuals as per applicable state laws |
| Miscellaneous/Legal Charges | At actuals |
| List of Documents | Rs 250 |
Also know about processing fees for home loans charged by top lenders.
Types of Bandhan Bank Home Loans
Suraksha Home Loan
- Purpose: Regular home loan scheme for purchase/extension/construction of the house.
- LTV Ratio: Up to 90% of the cost of property
- Tenure: 1- 30 years
Sajavat Home Loan
- Purpose: Home loan for renovation and repair of existing house such as plumbing, painting, re-laying the roof, etc.
- LTV Ratio: Up to 80% of the cost of repair work
- Tenure: 1- 15 years
Su-awas Home Loan
- Purpose: For the construction of pakka/semi-pakka houses, exclusively for existing micro-banking borrowers who have completed at least 1 cycle of their loan. The scheme is offered to both salaried and non-salaried individuals.
- Tenure: 2-10 years
- Loan Amount: Rs 1 lakh to Rs 10 lakh
Su-awas Saral Home Loan
- Purpose: For self-construction on non-homestead lands.
- Tenure: 2-10 years
- Loan Amount: Rs 1 lakh to Rs 7 lakh
Suniwas Home Loan
- Purpose: For the home extension to Su-awas customers and Su-awas Saral customers only.
- Loan Amount: Rs 50,000 to Rs 5 lakh
Suvidha Home Loan
- Purpose: Home loan for construction, purchase and extension of house offered to applicants having no formal income proof.
- LTV Ratio: Up to 90% of property cost
- Tenure: 1-30 years
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Eligibility Criteria for Bandhan Bank Home Loan
For Suraksha/Sajavat/Suvidha Home Loan
- Age: Minimum – 21 years; Maximum – 75 years at the time of maturity or retirement age, whichever is earlier.
- Surplus income or monthly disposable income is taken into consideration.
For Su-awas Home Loan
Micro-banking borrowers with a minimum of 1 complete cycle of the loan.
Bandhan Bank may also check credit score and monthly income of its applicants, just like other home loan lenders do while setting their home loan eligibility.
Documents Required for Bandhan Bank Home Loan
Documentation for Suraksha/Sajavat/Suvidha Home Loan
For Salaried Borrowers
- Completely filled the loan application form with a recent photograph
- Photo ID proof, address proof, age proof for KYC
- Completely filled customer relationship form with recent photograph attached
- Cheque with applicable processing charges
- Salary slips for the last 3 months
- Recent PF statement
- Form 16 provided by the employer
- Last 3 years ITR copies
- Photocopy of investments and life insurance policies
- Copy of bank passbook for all the bank accounts showing entries for the last 3 months
- Credit card photocopy with last monthly statement
- In case other loans are availed; open or closed:
- Sanction letter copy
- No dues certificate for closed loans
- Updated repayment history
- In case of no salary slips, a salary certificate is required on the employer’s letterhead with signatures and a stamp
- Copy of rent agreement is present accommodation is on rent
- Visiting card
For Self-employed Borrowers
- Complete the application form with a recent photograph
- KYC documents
- Customer Relationship Form
- Cheque with applicable processing charges
- Copy of ITR for past 3 years
- Copy of certified accounts or audited accounts with schedules for the last three financial years
- Business note (in bank format) with images of business place
- Investment and life insurance policies photocopy
- Copy of bank passbooks of all the bank accounts for the last 6 months
- Rent agreement of the place of business, if it is on rent
- Shop and establishment license for the commercial entity
- Copy of professional degree/certificate
- Visiting card
- Shareholding pattern or partnership deed of your entity
Additional Legal and Technical Documents
- Approved construction plan with the estimate, construction permission, and layout plan
- Ownership document copy of the previous owner
- Copy of sale deed/construction agreement/sell agreement/amenities agreement
- Recent images of the property
- Ownership proof in revenue records, i.e., Form-6, property card, Form 8-A, Form 7/12
- Receipts of margin money paid
- Copy of allotment letter and share certificate in case of co-operative society
- NA permission from the concerned authority
- NOC to mortgage from a concerned authority like development authority/society
Documentation for Su-awas Home Loan
For Salaried Borrowers
- Filled application form
- Photo ID proof, age proof, address proof for KYC
- Last 3 months salary slips
- Form 16
- Copy of bank passbook for all bank accounts having entries for the last 6 months
- In the case of other loans, active as well as closed:
- Sanction letter copy
- Updated repayment record
- No dues for closed loans
- Salary certificate in case of no salary slips
- Copy of rent agreement
For Self-employed Borrowers
- Application form
- KYC documents
- Any one of the following:
- Cash flow statement and last 1 year’s ITR statement or verification by local authorities such as Municipality of Panchayat
- ITR for the last 2 years with income computation for both years (if eligibility is calculated based on ITR income)
- Self-declared income statement as per the Bank’s format (if the monthly income of the self-employed applicant is less than or equal to Rs 25,000)
- Copy of bank passbook with entries of last 6 months for all the banks
- In case of other loans availed, active as well as closed:
- Copy of sanction letter
- No dues of closed loans
- Updated repayment record
- Rent agreement of the business place
- Rent agreement copy of accommodation
Additional Legal and Technical Documents
- Non-agricultural permission from the authority concerned
- Ownership document of the previous owner
- Latest image of the property
- Copy of agreement to sell/sale deed/amenities agreement/construction agreement
- Ownership proof in revenue records such as Form 8-A, Form 7/12, Form 6, property card
- Receipt of margin money paid in case of property purchase
- Approved construction plan with layout plan, construction permission, and estimate
Know more about home loan documents required by other lenders
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Bandhan Bank Home Loan EMI Calculator
Bandhan Bank Home Loan EMI Calculator can be used to calculate the EMI and total interest payable throughout the loan tenure. Applicants can enter the loan amount, interest rate and loan tenure in the Home Loan EMI Calculator given below and obtain the result instantly.
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
FAQs on Bandhan Bank Home Loan
1. What is the current home loan interest rate offered by Bandhan Bank?
Ans. The current home loan interest rates offered by Bandhan Bank range from 8.66% to 15% p.a., depending on the credit profile of its applicants and type of home loan scheme availed.
2. How can I apply for a Bandhan Bank Home Loan?
Ans. You can apply for Bandhan Bank Home Loan either directly through the official website of Bandhan Bank or by visiting any branch of Bandhan Bank. You should also visit financial marketplaces like Paisabazaar.com to compare the home loan interest rates offered by other lenders.
3. What factors determine the Bandhan Bank Home Loan eligibility of the applicants?
Ans. The Bandhan Bank home loan eligibility of the applicants depends on the monthly disposal or surplus income of home loan applicants.
4. What is the minimum credit score required to avail home loans from Bandhan Bank?
Ans. Bandhan Bank has not specified the cut-off credit score for home loan applicants. However, applicants having credit scores of 750 and above usually have higher chances of availing home loans at lower interest rates.
5. Can I prepay my home loan availed from Bandhan Bank?
Ans. Yes, you can prepay the home loan availed from Bandhan Bank. The bank does not levy any prepayment charges on home loans offered at floating rates.
6. Can I choose between fixed and floating rates of interest?
Ans. Bandhan Bank offers home loans at floating rates only.
7. I do not have any formal income documents. Can I avail home loan from Bandhan Bank?
Ans. If you do not have formal income proofs such as salary slips with PF deductions and IT returns, you can avail Suvidha Home Loans for the purchase/construction/extension of a house. The bank conducts detailed field investigations and assessments to assess the cash flow and income of such applicants.
8. Can micro-banking borrowers avail home loans from Bandhan Bank?
Ans. Yes, Bandhan Bank offers the Su-awas Home Loan scheme to micro-banking borrowers.