हिंदी में पढ़े
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.
| Bandhan Bank Personal Loan Highlights | |
| 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 |
Rates as of 23 June 2025
Bandhan Bank Personal Loan Interest Rates
Bandhan Bank offers personal loans starting @ 9.47% 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 the repayment capacity.
Personal Loan for Salaried Individuals
| Tenure | Interest Rates (p.a.) |
| Up to 3 years | 12.15% onwards |
| Above 3 years | 9.47% onwards |
Personal Loan for Self-Employed Professionals/Non-Professionals
| Tenure | Interest Rates (p.a.) |
| Up to 3 years | 12.55% onwards |
| Above 3 years | 10.10% onwards |
Comparison of Interest Rates between Bandhan Bank vs other Banks/NBFCs
| Banks/NBFCs | Interest Rates(p.a.) |
| Bajaj Finance | 10% - 31% p.a. |
| Axis Bank | 10.49% onwards |
| IndusInd Bank | 10.49% onwards |
| IDFC First Bank | 10.99% onwards |
| HDFC Bank | 10.85% onwards |
| ICICI Bank | 10.80% onwards |
| Kotak Mahindra Bank | 10.99% onwards |
| Tata Capital | 11.99% onwards |
| Federal Bank | 11.49% onwards |
| DMI Finance | Up to 24% |
| L&T Finance | 11.00% onwards |
| Kreditbee | 16.00% - 29.95% |
| MoneyTap | 13.00% onwards |
| Piramal Finance | 12.90% onwards |
| Aditya Birla | 10.99% onwards |
| Moneyview | 14%-36% |
| Cashe | 33.50% 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
Bandhan Bank Personal Loan EMI Calculation
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
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:
- Identity and address proof
- Passport
- PAN card
- Voter ID card
- Driving license
- Aadhaar card
- 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 vs Other Banks
| Banks | Bandhan | SBI | HDFC | Axis | ICICI |
| Rates | 9.47% p.a. onwards | 10.30%-15.30% p.a. | 10.90%-24.00% p.a. | 11.25% p.a. onwards | 10.85%-16.65% p.a. |
| Processing Fee | Up to 3% of the loan amount | Up to 1.5% of the loan amount (Min. Rs 1,000; Max. Rs 15,000) | Up to Rs 6,500 | Up to 2% of the loan amount | Up to 2% of the loan amount |
| Max. Loan Amount | Up to Rs 25 lakh | Up to Rs 35 lakh | Up to Rs 40 lakh | Up to Rs 10 lakh | Up to Rs 50 lakh |
| Min. Monthly Salary Required | NA | Rs 15,000 | Rs 25,000 | Rs 15,000 for Axis Bank customers; Rs 25,000 for non-Axis Bank customers | Rs 30,000 |
FAQs on Bandhan Bank Personal Loan
What is the interest rate on Bandhan Bank Personal Loan?
The interest rate on personal loans from Bandhan Bank starts at 9.47% 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.