Bandhan Bank Personal Loan

• Bandhan Bank offers personal loans at attractive interest rates to meet expenses related to wedding, travel, medical emergencies, etc.
• Bandhan Bank requires minimal documentation on its personal loans which results in faster processing and quick disbursals upon approval. 
• Bandhan Bank also allows consumers to make part payments on their personal loans along with a flexible repayment tenure.
• Consumers need not provide any collateral/security to secure a personal loan from Bandhan Bank. 
• Bandhan Bank personal loans have no hidden charges and zero foreclosure penalty on loans of Rs. 10 lakh and above.

• Interest Rate: 9.47% p.a. onwards
• Loan Amount: Rs 50,000 – Rs 25 lakh
• Loan Tenure: Up to 5 years
• Processing Fees: Up to 3% of the loan amount

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 personal loans. No offers/services from Bandhan Bank are being provided by Paisabazaar for personal loans. For further information about Bandhan Bank for personal loans, users are required to reach out directly to Bandhan Bank.

• First, check the eligibility criteria before applying for a personal loan.
• Maintain a credit score of 750 or above as considered by most lenders.
• Try to keep your total monthly loan repayments, including the new personal loan EMI, within 50–55% of your net monthly income, as preferred by most lenders.
• Submit accurate documentation, such as recent salary slips, identity proof and address proof.
• Don’t apply to multiple lenders in a short period as this can lead to several hard inquiries, significantly impacting your credit score and reducing your chances of loan approval.

• The personal loan is applicable to all Salaried/Self-employed Professionals/Self-employed
• Minimum Age: Salaried individuals - 21 years; Self-employed - 23 years
• Maximum Age at time of loan maturity – 60 years for salaried applicants and 65 years for self-employed applicants
• At least 1 debit and 2 credit transactions (customer-induced) are required monthly in the main account or 12 credit transactions in the last 12 months