Private Sector BankSalaried Employeesunsecured

Bandhan Bank Personal Loan

बंधन बैंक पर्सनल लोन

Bandhan Bank personal loan for salaried professionals up to ₹15 Lakhs.

Max Loan Amount

₹50,000 to ₹15,00,000

Interest Rate

11.55% - 18.50% p.a. (floating/fixed)

Tenure

12 to 60 months

Processing Fee

Up to 2.00% of loan amount + GST (Min ₹1,000)

✦ What It Is: Product Architecture & Regulatory Scope

Bandhan Bank's unsecured personal loan designed for salaried employees in emerging and metro cities, providing accessible credit with simple documentation.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Employer salary mandate or standing instruction required. • Minimum 1 year confirmed service in current organization. • Broken period interest charged from disbursement date to first EMI cycle.

✦ Key Benefits & Features

• High loan quantum up to ₹15 Lakhs without collateral • Repayment tenure up to 5 years (60 months) • Fast turnaround time and doorstep service • Concessional rates for corporate salary package account holders.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment allowed after 12 months with 3% fee; NIL after 24 months.

✦ Eligibility Requirements

Confirmed permanent employees of reputed private companies, MNCs, and PSUs. Min Age: 21, Max Age: 60. Min Net Monthly Salary: ₹20,000. Min CIBIL: 700.

Min Age21 Years

Max Age60 Years

Min Monthly Income₹20,000

Min CIBIL Score700+

✦ Documents Required

• Identity & Address: PAN Card, Aadhaar Card • Employment Proof: Employee ID Card, appointment letter • Financial Proof: Last 3 months payslips, latest Form 16 • Banking: Last 6 months bank statement showing salary credits.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open Bandhan Mobile App > Loans > Personal Loan. Select amount and e-sign.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit bandhanbank.com > Personal Loans. Submit application and upload payslips.

Pathway C

Branch Walk-In Application

1. Visit nearest Bandhan Bank branch with payslips, Form 16, and bank statements.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Bandhan Bank Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on Bandhan Bank Personal Loan

What is the maximum loan limit in Bandhan Bank?

Up to ₹15 Lakhs depending on your net monthly salary and credit score.

What is the foreclosure charge?

3% plus GST on the principal outstanding after the initial 12-month lock-in period.

What is the minimum credit score required?

A minimum CIBIL score of 700 is recommended.