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Bandhan Bank Personal Loan

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Get up to ₹50 Lakhs starting at 9.99%

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15.6L Reviews

6cr+Satisfied Customers
30+Lending Partners
₹65k Cr+Loans Disbursed
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Minimum Documentation Requirements

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About 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.

Bandhan Bank Personal Loan Highlights

  • Interest Rate: 8.82% 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

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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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

  • 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.

Eligibility Criteria for Bandhan Bank Personal Loan

  • 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

Documents Required for Bandhan Bank Personal Loan

The following documents are required for all individuals applying for a personal loan from Bandhan Bank:

  1. Identity and address proof
    • Passport
    • PAN card
    • Voter ID card
    • Driving license
    • Aadhaar card
  2. One recent photograph
  3. Last 3 month's salary slip and salary account statement for salaried* individuals
  4. 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/NBFCInterest Rates (% p.a.)Processing Fees
Aditya Birla Finance10.99 onwardsUp to 4%
Axis Bank9.99 onwards*Up to 2%
Bank of Baroda10.15-18.00Up to 2% (Max. Rs. 10,000)
Bajaj Finance Limited10.00-30.00Up to 3.93%
Bank of India10.85-16.15Up to 1% (Min. Rs. 250; Max. Rs. 15,000)
Bank of Maharashtra8.75-13.55Up to 1% (Max. Rs. 10,000)
Canara Bank9.70-15.15Up to 0.5% (Max. Rs. 5000)
Central Bank of India9.85-11.65Up to 1%
Cholamandalam IFC10.00-28.004% - 6%
Dhani Loans & Services Ltd.13.99 onwards3% onwards
Federal Bank12.00 - 22.50*Up to 2%
HDB Financial Services10.00 - 35.00Up to 5.90%
HDFC Bank9.99 onwardsUp to Rs 6,500
Hero FincorpUp to 30*2.3% - 3%
HSBC Bank9.75 onwardsUp to 2%
ICICI Bank9.99 onwardsUp to 2%
IDFC FIRST Bank9.99 onwardsUp to 2%
IIFL Finance12.00 - 28.002% - 9%
Indian Overseas Bank10.25 onwardsUp to 0.75%
IndusInd Bank10.35 onwards*Up to 3.5%
Kotak Mahindra Bank9.99 onwards*Up to 5%
L&T Finance11.00 onwardsUp to 3%
Mahindra Finance8.00 - 25.002% of loan amount or Rs. 5,000, whichever is lower
Mannapuram Finance18.00 - 24.001% of loan amount
Moneyview14.00 onwards2% onwards
Muthoot Finance13.50 onwardsVaries for each application
Piramal Finance12.14 onwardsUp to 5%
Poonawalla Fincorp9.99 onwardsUp to 3%
Punjab & Sind Bank9.60-13.850.50% - 1%
Punjab National Bank10.25-16.80Up to 1%
Shriram Finance11.00 onwardsUp to 5%
Tata Capital10.99 onwardsUp to 3.5%
UCO Bank9.95 - 13.20Up to 1% (Min. Rs. 750)
Union Bank of India8.75 - 12.55Up to 1% (Max. Rs. 7,500)

*Paisabazaar special rates


Note: Rates as of 17th July 2026

"Paisabazaar special rates

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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.

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What our customers say

Get My Personal loan disbursed

I would like to give a huge shoutout to Munni Nayak from Paisabazaar for her incredible support in helping me get my personal loan disbursed within just a few days. She was extremely cooperative throughout the entire process and demonstrated great knowledge by explaining every step in detail with patience and clarity. I truly appreciate her dedication, professionalism, and the smooth experience she provided. Thank you so much, Munni, for all your help and support!

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Preeti BhattMay 16, 2026

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026
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Anubhuti Agrawal profile
Written ByLinkedIn icon
Anubhuti Agrawal
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar 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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