Bandhan Bank Home Loan

Bandhan Bank provides home loans starting at 9.16% interest per year for amounts up to 90% of the property price. You can pay back the loan over a maximum of 30 years. They also have special home loan options for people who borrow through micro-banking, whether they have a job or not. loans are specifically for the construction of pakka and semi-pakka houses.

Bandhan Bank Home Loan Highlights
Interest Rate	9.16%- 15.00% p.a.
Processing Charges	0.25% – 1.00% + GST
LTV Ratio (Loan Amount)	Up to 90% of property cost
Loan Tenure	5- 30 years

Pre Approved Home loan | Check Eligibility & Apply Online

Table of Contents
Compare Interest Rates offered by other Lenders
Interest Rates
Types of Home Loan offered by Bandhan Bank
Processing Fees & Charges
Eligibility Criteria
Documents Required
EMI Calculator
FAQs

Compare Interest Rates offered by other Lenders

Name of Lender	Up to Rs. 30 Lakh	Above Rs. 30 Lakh to Rs. 75 Lakh	Above Rs. 75 Lakh
SBI Bank	8.40% - 10.15% p.a.	8.40% - 10.05% p.a.	8.40% - 10.05% p.a.	Apply Now
HDFC Bank Limited	8.40% p.a. onwards	8.40% p.a. onwards	8.40% p.a. onwards	Apply Now
Kotak Mahindra Bank	8.70% p.a. onwards	8.70% p.a. onwards	8.70% p.a. onwards	Apply Now
ICICI Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards	Apply Now
Federal Bank	8.80% p.a. onwards	8.80% p.a. onwards	8.80% p.a. onwards	Apply Now
L&T Finance Limited	8.60% p.a. onwards	8.60% p.a. onwards	8.60% p.a. onwards	Apply Now
Bajaj Housing Finance	8.50% p.a. onwards	8.50% p.a. onwards	8.50% p.a. onwards	Apply Now
LIC Housing Finance	8.35% - 10.35% p.a.	8.35% - 10.55% p.a.	8.35% - 10.75% p.a.	Apply Now
PNB Housing Finance	8.50% - 14.50% p.a.	8.50% - 14.50% p.a.	8.50% - 11.45% p.a.	Apply Now
Punjab National Bank	8.45% - 10.25% p.a.	8.40% - 10.15% p.a.	8.40% - 10.15% p.a.	Apply Now
Bank of Baroda	8.40% - 10.65% p.a.	8.40% - 10.65% p.a.	8.40% - 10.90% p.a.	Apply Now
IDFC First Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards	Apply Now
Tata Capital Housing Finance	8.70% p.a. onwards	8.70% p.a. onwards	8.70% p.a. onwards	Apply Now
Axis Bank	8.70% - 13.30% p.a	8.70% - 13.30% p.a	8.70% - 9.10% p.a.	Apply Now
Godrej Housing Finance	8.55% p.a. onwards	8.55% p.a. onwards	8.55% p.a. onwards	Apply Now

Also read: Best Home Loan in India

Bandhan Bank Home Loan Interest Rates

Home Loan	Interest Rate (p.a.)
Su-awas Home Loan	13% - 15%
Suvidha Home Loan	9.16% - 13.33%
Sajavat Home Loan	9.16% - 13.33%
Suraksha Home Loan	9.16% - 13.33%

Types of Bandhan Bank Home Loan

Su-awas Home Loan

Purpose: Bandhan Bank offers home loans exclusively for micro-banking borrowers, both salaried and non-salaried, to build either solid (pakka) or partially solid (semi-pakka) houses.

Tenure: 3-10 years

Loan Amount: Up to Rs 10 lakh

Suvidha Home Loan

Purpose: Bandhan Bank provides home loans for construction, purchase, and extension of houses even to applicants who don't have formal income proof.

LTV Ratio: Up to 90% of property cost

Tenure: 5 - 30 years

Suraksha Home Loan

Purpose: Bandhan Bank offers a standard home loan scheme for buying, extending, or constructing a house.

LTV Ratio: Up to 90% of the cost of property

Tenure: 5 - 30 years

Sajavat Home Loan

Purpose: Bandhan Bank provides home loans specifically tailored for renovating and repairing existing houses, including tasks like plumbing, painting, or re-laying the roof.

Tenure: 5 - 15 years

LTV Ratio: Up to 80% of the cost of repair work

Also Read : Best Home Loan EMI Calculator

Bandhan Bank Home Loan Fees and Charges

Description	Charges
Processing Fees	0.25% – 1.00% + GST
Login Fees	Rs 3,500 + GST
Administrative Fees	0.25% – 2.00% + GST
Charges for Cheque Bounce	Rs 500 + GST
Penal Interest	24% per annum
Rate of Interest Conversion Charges	0.50%- 1.25%of outstanding balance
Pre-payment Charges on Floating Rate of Interest	If applicant and co-applicant are individuals- NIL For one or more non-individuals applicants- 2% + GST
Repayment mode swap charges	Rs 500 + GST
Copy of Property Documents	Rs 50 + GST
CIC Charges	Rs 150 per individual + GST
Charges for registration of mortgage and release of charges	Rs 750 + GST
Stamp duty and Statutory Charges	At actuals as per applicable state laws
Miscellaneous/Legal Charges	At actuals
CERSAI Charges	For creation: Rs 100 + GST For satisfaction: NIL
Valuation Report Charges	Rs 2,500 per property offered as security to the bank
Technical Inspection Charges	Rs 1,000 per visit for local + GST Rs 1,500 per outstation + GST
Search Report and TCC Charges	Rs 2,000 per property offered as security to the bank
Income Tax Certificate	Provided once annually free of cost Rs 30 + GST for subsequent requests
Account Statement	Provided free of cost once annually Rs 100 + GST for subsequent requests
Pre-payment Charges on Fixed Rate of Interest	For loans repaid in less than 12 months, there's a charge of 4% of the outstanding principal plus GST. For loans repaid in more than 12 months, the charge is 2% of the outstanding principal plus GST. However, for cases disbursed under the previous Gruh scheme and upon submission of proof of self-sourced funds, there are no charges.

Also read: Best Home Loan Fees and Charges

Eligibility Criteria for Bandhan Bank Home Loan

Age - 23 years to 65 years
Type of Employment - Salaried and self-employed
Nationality - Resident Indian

Also Read : Best Home Loan Eligibility

Documents Required for Bandhan Bank Home Loan

For salaried:

Identity proof
Property-related documents
Residential address proof
Existing loans repayment details
Last three months' salary slips
Last six months' bank statements

For self-employed:

Business details
Identity proof
Residential address proof
Existing loans repayment details
Last six months' bank statements

Also Read : Best Home Loan Documents Required

Frequently Asked Questions

Yes, it's possible to get your bike financed even as a student if you meet the specific eligibility criteria set by the lenders.

The best loan for financing your bike or scooter is the one with the lowest interest rate. This way, you'll have to pay less in monthly installments (EMIs) throughout your loan term.

To get financing for your motorcycle, bike, or scooter, you can easily apply for the loan online from home. Or, if you prefer, you can go directly to a bike shop and apply for the loan there by giving them the documents they need

You can check your loan status online through internet banking. Another option is to visit the closest branch of the bank or financial institution that's providing the loan.

Many lenders consider a credit score of 620 and above to be good when giving out loans for motorcycles, superbikes, or scooters. However, if your credit score is lower than 620, you can still find lenders who may be willing to give you a loan, although they might charge a higher interest rate.

Banks allow you to make prepayments after successfully paying 3-6 EMIs. Depending on the number of EMIs you've already paid, there might be a small fee applicable on the outstanding amount when you choose to prepay.