- 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.
Bandhan Bank Personal Loan
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15.6L Reviews
5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Seamless Digital Loan Process
End-to-End Expert Assistance
Minimum Documentation Requirements
Quick Loan Processing

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
About Bandhan Bank Personal Loan
Bandhan Bank Personal Loan Highlights
Rates as of 16th April 2026
Bandhan Bank Personal Loan Interest Rates
Bandhan Bank offers personal loans starting @ 8.82% p.a. The final interest rates offered to the applicants depend upon age, monthly income, job profile, employer’s income, credit score, loan repayment history, etc. Applicants planning to avail personal loans can use Bandhan Bank Personal Loan EMI calculator to find out the optimum loan tenure based on their repayment capacity.
Personal Loan for Salaried Individuals/Self-Employed Professionals/Non-Professionals
| Tenure | Interest Rates (p.a.) |
|---|---|
| Up to 3 years | 9.45% onwards |
| Above 3 years | 8.82% onwards |
Bandhan Bank Personal Loan Fees & Charges
| Particulars | Charges |
|---|---|
| Loan Processing Charges | Up to 3% of the loan amount |
| Cheque Bouncing or Failed SI Charges | Rs 500 |
| Penal charges (late Payment of EMIs or outstanding EMIs or default EMIs) |
Rs 200 per 10,000 of EMI dues |
| Part Payment | Allowed up to 25% of the principal outstanding, only once a year and twice during the repayment period (applicable only after first 12 EMIs are paid) |
| Fore closure statement | Rs 100 |
| Foreclosure charges on Fixed rate | For the first 12 months - 4% of the principal outstanding |
| After 12 months of repayment - 2.5% of the principal outstanding | |
| After 12 EMIs are paid, no foreclosure charges are applicable for loans of Rs 10 lakhs and above, provided the borrower forecloses the loan with their own sources | |
| Document Retrieval charges | Rs 500 |
| Duplicate Statement of Account | Rs 100 |
| Duplicate NOC | Rs 300 |
| Stamp duties | Actual as per state law |
Note: The above-mentioned charges attract applicable taxes which are collected from the borrower
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Avail Personal Loan for
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Loan Repayment: EMI for Rs 1 lakh to Rs 10 lakh over 5 Years
Below are illustrative EMI amounts for different loan amounts. These calculations are based on a loan tenure of 3 to 5 years and an interest rate of 11.00% p.a.
| Loan Amount | Tenure | Interest Rate (p.a.) | EMI |
|---|---|---|---|
| Rs 1 lakh | 3-5 years | 11.00% | Rs 3,274-Rs 2,714 |
| Rs 5 lakh | 3-5 years | 11.00% | Rs 16,369-Rs 10,871 |
| Rs 10 lakh | 3-5 years | 11.00% | Rs 32,739-Rs 21,742 |
How to Improve Chances of Personal Loan Approval
Eligibility Criteria for Bandhan Bank Personal Loan
Documents Required for Bandhan Bank Personal Loan
The following documents are required for all individuals applying for a personal loan from Bandhan Bank:
- Identity and address proof
- One recent photograph
- Last 3 month's salary slip and salary account statement for salaried* individuals
- Income Tax Return (ITR) with computation and main business account statement of last 12 months for self-employed* individuals
* Not applicable for online application basis pre-qualified offer
Bandhan Bank Personal Loan Interest Rates vs Other Banks
| Bank/NBFC | Interest Rates (% p.a.) | Processing Fees |
|---|---|---|
| Aditya Birla Finance | 10.99 onwards | Up to 4% |
| Axis Bank | 9.99 onwards* | Up to 2% |
| Bank of Baroda | 10.15-18.00 | Up to 2% (Max. Rs. 10,000) |
| Bajaj Finance Limited | 10.00-30.00 | Up to 3.93% |
| Bank of India | 10.85-16.15 | Up to 1% (Min. Rs. 250; Max. Rs. 15,000) |
| Bank of Maharashtra | 8.75-13.55 | Up to 1% (Max. Rs. 10,000) |
| Canara Bank | 9.70-15.15 | Up to 0.5% (Max. Rs. 5000) |
| Central Bank of India | 9.85-11.65 | Up to 1% |
| Cholamandalam IFC | 10.00-28.00 | 4% - 6% |
| Dhani Loans & Services Ltd. | 13.99 onwards | 3% onwards |
| Federal Bank | 12.00 - 22.50* | Up to 2% |
| HDB Financial Services | 10.00 - 35.00 | Up to 5.90% |
| HDFC Bank | 9.99 onwards | Up to Rs 6,500 |
| Hero Fincorp | Up to 30* | 2.3% - 3% |
| HSBC Bank | 9.75 onwards | Up to 2% |
| ICICI Bank | 9.99 onwards | Up to 2% |
| IDFC FIRST Bank | 9.99 onwards | Up to 2% |
| IIFL Finance | 12.00 - 28.00 | 2% - 9% |
| Indian Overseas Bank | 10.25 onwards | Up to 0.75% |
| IndusInd Bank | 10.35 onwards* | Up to 3.5% |
| Kotak Mahindra Bank | 9.98 onwards* | Up to 5% |
| L&T Finance | 11.00 onwards | Up to 3% |
| Mahindra Finance | 8.00 - 25.00 | 2% of loan amount or Rs. 5,000, whichever is lower |
| Mannapuram Finance | 18.00 - 24.00 | 1% of loan amount |
| Moneyview | 14.00 onwards | 2% onwards |
| Muthoot Finance | 13.50 onwards | Varies for each application |
| Piramal Finance | 12.14 onwards | Up to 5% |
| Poonawalla Fincorp | 9.99 onwards | Up to 3% |
| Punjab & Sind Bank | 9.60-13.85 | 0.50% - 1% |
| Punjab National Bank | 10.25-16.80 | Up to 1% |
| Shriram Finance | 11.00 onwards | Up to 5% |
| Tata Capital | 10.99 onwards | Up to 3.5% |
| UCO Bank | 9.95 - 13.20 | Up to 1% (Min. Rs. 750) |
| Union Bank of India | 8.75 - 12.55 | Up to 1% (Max. Rs. 7,500) |
*Paisabazaar special rates
Note: Rates as of 1st June 2026
"Paisabazaar special rates
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Explore Our Personal Loan Lenders
Avail Personal Loan for
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Avail Personal Loan for
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FAQs
What is the interest rate on Bandhan Bank Personal Loan?
The interest rate on personal loans from Bandhan Bank starts at 8.82% p.a. The bank may consider your occupation profile, credit score and other aspects of your credit profile before setting a final interest rate.
Who is eligible for a personal loan from Bandhan Bank?
Bandhan Bank offers personal loans to both salaried and self-employed professionals and non-professionals. Although the bank has not specified the credit score criteria, most lenders consider a credit score of 750 or above for personal loan eligibility.
What documents are needed to apply for a personal loan?
Identity & address proof such as Aadhaar Card, driving license, etc., salary slips for the last 3 months and one recent photograph are documents required for Bandhan Bank Personal Loan.
How much loan can I get from Bandhan Bank?
You can get a loan from Bandhan Bank ranging from Rs 50,000 to Rs 25 lakh, depending on your monthly income, credit score, repayment capacity, etc.
Is there a foreclosure or prepayment charge?
Bandhan Bank levies foreclosure/prepayment charges of 4% of the principal outstanding for the first 12 EMIs and 2.5% of the principal outstanding thereafter.
Can I get a personal loan with a low credit score?
Bandhan Bank has not disclosed the minimum credit score requirement for its personal loans. Most lenders usually consider a credit score of 750 and above, as they have lower chances of default which reduces their credit risk. With a low credit score, some banks or NBFCs may offer you a loan but at a high interest rate.
What is the minimum and maximum loan amount that I can avail on a personal loan from Bandhan Bank?
Bandhan Bank offers personal loans ranging from Rs 50,000 to Rs 25 lakh to meet various personal financial needs.
What are the tenure options available on the Bandhan Bank Personal Loan?
Bandhan Bank personal loans come with a repayment tenure ranging from 1 year to 5 years.
Do I need to provide collateral or security to avail of a personal loan from Bandhan Bank?
No collateral or security is required to avail of a personal loan from Bandhan Bank.
What are different means through which I can pay my Bandhan Bank personal loan EMIs?
You can make EMI payments using post-dated cheques, standing instructions or by using the ECS facility.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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