Get Lowest Personal Loan Interest Rate ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

Bandhan Bank provides an array of credit schemes and loan options suitable for all customers. A personal loan is one of the main attractions in this respect. It is structured to facilitate easy disbursal and repayment options for all its customers. 

It helps you meet your financial requirements at affordable interest rates and flexible EMI options. The Bandhan Bank Personal Loan is one of the most attractive credit features that the bank offers. 

Read on to know more about Bandhan Bank's Personal Loan interest rate and how you can apply for it.

Bandhan Bank Personal Loan Details

Bandhan Bank's Personal Loan starts with an interest rate of 10.25% per annum. The bank provides loans of up to ₹25 Lakhs with tenures of up to 60 months. The bank disburses the loan amount within 2 working days post the verification and approval process. 

The following table highlights the key features of Bandhan Bank's Personal Loan:

Bandhan Bank Personal Loan Highlights

Interest Rate

Starting at 10.25% onwards

Loan Amount

₹50,000 to ₹25 Lakhs 

Loan Tenure

Up to 60 months

Processing Fees

Up to 3% total loan amount 

Disclaimer: The above mentioned details may change from time to time based on the financial institutions’ policies. 

For more information about the interest rates and the EMI options, it is recommended that you visit Bandhan Bank's official website. 

Bandhan Bank Personal Loan Fees & Charges

Apart from the interest rates, you must also consider the fees and charges applicable to a Bandhan Bank Personal Loan. The following table lists the fees and charges that you will have to pay when availing of a personal loan from this bank:


Fees and Charges

Late Payment

2% monthly, for each EMI missed 

Processing Fees

Up to 3% of the total loan amount plus GST 

Foreclosure Charges (if the rate of interest is fixed)

If pre-closing with a remaining tenure of less than 12 months- 4% of the outstanding amount plus GST 

If pre-closing with the remaining tenure of more than 12 months- 2.5% of the outstanding amount plus GST 

Cheque Bounce Charges

₹500 plus GST

Overdue Interest (late payment of EMIs etc.)

A penal interest rate of 24% p.a., which is 2% per month on the overdue amount

Disclaimer: The details mentioned are subject to change at the lender’s discretion.

Bandhan Bank Personal Loan EMI Calculator

** The above charges are excluding taxes
* Placeholder for disclaimers on Interest and Charges page
 **These are indicative and subject to change at the discretion of lender/ without prior notice.

Having a clear idea about the EMI that you may have to pay allows you to plan better for the repayment of your Loan. So, for better financial planning, you can use the following Personal Loan EMI calculator.

All you need to do is enter the loan amount, interest rate, and tenure to calculate your EMI without any hassle. Within seconds of clicking on the calculate now button, the tool will determine the EMIs and interest charges for your Bandhan Bank Personal Loan. 

Here is the Bandhan Bank Personal Loan EMI Calculator you can use to decide what loan offer suits your financial needs the best. 

The following table displays the EMI, interest outgo, and total repayment amount for different tenures:

Loan Amount

Interest Rate 


Monthly Instalment

Total Interest Amount

Total Amount

₹5 Lakhs


12 months




₹5 Lakhs


24 months




₹5 Lakhs


36 months




How is Bandhan Bank Personal Loan EMI Calculated

If you wish to calculate your EMIs for Bandhan Bank Personal Loan, here is a mathematical formula that you can use:

P x R x (1+R)^N / [(1+R)^N-1]

P is the principal amount

R is the monthly rate of interest

N is the number of monthly instalments

Note that the monthly rate of interest is calculated as (Annual interest rate/12/100).

Now, consider the loan amount as ₹5 Lakhs with a tenure extending up to 24 months and an annual interest rate of 14%. The monthly rate of interest (R) would be (14/12/100).

R= 0.0116

Now, the monthly instalments that you will have to pay would be,

EMI= P X R X (1+R)^N / [(1+R)^N-1] = 5,00,000 X 0.0116 X (1+0.0116)^24 / [(1+0.0116)^23]

EMI= ₹24,006

Using this formula can be quite complex, and hence, using the Bandhan Bank Personal Loan EMI Calculator would be a better option. This online tool can compute this otherwise complicated calculation within seconds.

Bandhan Bank Personal Loan Features & Benefits

Competitive Interest Rates

Bandhan Bank Personal Loan offers interest based on the marginal cost of the lending rate. This interest rate range lies between 10.25% and 19% per annum.

Minimal Paperwork

Bandhan Bank's Personal Loan document requirement for loan approval is quite minimal. These may include your proof of identity, residency, income, and nominee statement.

Fastest Approval

There is no requirement to provide any security or collateral since this is an unsecured loan. Due to this, the approvals are quick and hassle-free, and the loan may be disbursed within 48 hours.

Flexible Tenure

The repayment of the loan can be made in Equated Monthly Instalments (EMIs) ranging from a period of 12 months to 36 months.

No Hidden Charges

There is a great transparency in the process to ensure the presence of no hidden charges.

Active Customer Support

Bandhan Bank provides immaculate and round-the-clock customer support for all its account holders and personal loan benefactors. 

Bandhan Bank Personal Loan Eligibility

The criteria for Bandhan Bank Personal Loan eligibility are as follows: 

  • Individuals who are self-employed or salaried are both eligible to apply

  • The minimum age to apply for a Bandhan Bank Personal Loan is 21 years

  • The minimum CIBIL Score must be 750

  • You must not be more than 57 years by the time of loan maturity

  • A minimum relationship of six months is required with the bank before applying for a personal loan

  • You must have an active savings account with the bank with at least one debit and credit-induced operation per month.

Documents Required for Bandhan Bank Personal Loan

There are a handful of documents required to apply for a Bandhan Bank Personal Loan. They are as follows:

1. Identity and address proof

  • Passport

  • PAN card

  • Voter ID card

  • Driving licence

  • Aadhaar card

2. Two recent photographs

3. The last 3 months’ salary slip and Form-16.

4. Income Tax Return (ITR) for the last 2 years with balance sheet and income computation. For self-employed individuals, a P&L account statement may be necessary. 

How to Apply for Bandhan Bank Personal Loan

Bandhan Bank Personal Loan application can be completed through an online as well as an offline process. You need to follow only these simple steps to apply for Bandhan Bank Personal Loan online:

  • Visit the official Bandhan Bank Personal Loan webpage.

  • Click on “Apply Now” and fill the online form with basic information 

  • Click on ‘Submit’ and wait for bank executives to get back to you and instruct you about further proceedings

  • Complete the document verification and loan account activation process to avail of Bandhan Bank online personal loan 


To apply for it offline, visit your nearest Bandhan Bank branch. All you have to do is fill out the form and submit the required documents.

While there is an array of options to choose from, a Bandhan Bank Personal Loan remains one of a kind. It offers quick and hassle-free approvals, and the interest rates are also quite low. To know more about its benefits and further processes, visit the official website of Bandhan Bank.

How Can I Get in Touch with Bandhan Bank Customer Care?

Bandhan Bank has several options that enable you to reach out. You can send an email, call or visit the branch. For email assistance, send an email on For phone assistance, call the toll-free number   1800-258-8181. 


The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

Read More

Frequently Asked Questions on Bandhan Bank Personal Loan

What is the maximum personal loan amount that Bandhan Bank can sanction?

The maximum amount that a Bandhan Bank Personal Loan can sanction is ₹25 Lakhs.


Is there an age limit for applying for a Bandhan Bank Personal Loan?

You should be between 21 and 57 years of age to apply for a personal loan at Bandhan Bank.


How much time is taken for the Bandhan Bank Personal Loan to be approved?

A personal loan at Bandhan Bank can be approved within 2 working days of applying. The loan is processed after performing due diligence on the application and the related documents that are submitted.


How can I calculate Bandhan Bank Personal Loan EMI?

You can easily calculate your EMI with the help of a Bandhan Bank Personal Loan EMI calculator. 


What is the minimum CIBIL score required for a personal loan at Bandhan Bank?

To avail of Bandhan Bank Personal Loan, you must have a minimum CIBIL score of 750.

Loan Offer
Download App
Credit Score