Top Banks 2024
Bandhan Bank Ahmedabad
Last Updated : Jan. 18, 2017, 12:25 p.m.
About Bandhan Bank
Bandhan Bank, which got incorporated on Dec 23, 2014 as a wholly-owned subsidiary of Bandhan Financial Holdings Limited, had on April 2014 received the in-principle approval of the RBI to become a universal bank. Finally, it was June 2015 when the RBI gave its green signal for the same. Headquartered in Kolkata, Bandhan Bank has top-notch shareholders on the board, including Small Industries Development Bank of India (SIDBI), International Finance Corporation (IFC), Caladium Investment Pte. Ltd., managed by GIC Special Investments Private Limited, Bandhan Employees Welfare Trust, etc. The bank runs its operations from 744 branches and 268 ATMs across the country.
The bank also boasts of a presence in Ahmedabad, the largest city in the state of Gujarat. Not only the city is the administrative headquarters of the Ahmedabad district, but it also holds a name for industrial and economic activity. It’s in the top tier as far as cotton production is concerned. The city has started witnessing the growth of textile industry since the 19th century.
So, if you are in the look out for a bank where you can fulfill your financial needs in Ahmedabad, Bandhan Bank is the one to approach.
Address of Bandhan Bank Branches in Ahmedabad
| Branch Name | Complete Address | IFSC | MICR | Contact Details |
|---|---|---|---|---|
| Idar | B-City Centre, Idar Himatnagar, H.W Road, Sabar Sit Kendra, Idar, Dist -Sabarkantha, Gujarat-383430 | BDBL0001145 | 383750031 | 8401260755 |
| Rajpipla | Divine Heights, MG Road, Opposite Collector Office, P.O.Rajpipla, District Narmada, Ahmedabad, Gujarat-393145 | BDBL0001186 | 393750001 | 9157548029 |
| Viragam | 1st Floor, Subh Arcade, Hansalpur Chokri, Near Ioc Pumping Station, Viramgam Road, P.O.Hansalpur, Ahmedabad, Gujarat-382150 | BDBL0001208 | 380750003 | 9173441289 |
| Panchvati Cross Road | 3rd Eye, Shop No.3 & 4, C.G.Road, Near CG Square Mall, Panchvati Cross Road, Ahmedabad, Gujarat, Pin 380006 | BDBL0001474 | 380750001 | |
| Anand | Shreeji Sankalp, 100 Feet Road, Near Bachpan School, P.O. & Dist.Anand, Ahmedabad, Gujarat-388001 | BDBL0001475 | 388750001 | 9824000474 |
| Surendranagar | Fortune Avenue, Ground Floor, Nr.Kunthunath Derasar, Amba Mech Road, Surendranagar, Ahmedabad, Gujarat - 363001 | BDBL0001478 | 363750001 | 9016905409 |
| Unjha | Station Road, Opposite Dena Bank, P.O.Unjha, Ahmedabad, Gujarat-384170 | BDBL0001479 | 384750051 | 8488869428 |
| Valetva | Village & P.O.Valetva, Taluka - Nadiad, Dist Kheda, Ahmedabad, Gujarat-388440 | BDBL0001556 | 388750003 | 9173364022 |
| Jitpura | Jitpura, Taluka Umreth, P.O.Ode, Dist.Anand, Ahmedabad, Gujarat-388210 | BDBL0001558 | 388750002 | 9157049950 |
| Madhavpura | Village Madhavpura, P.O.Rajpardi, Taluka Jhagadia, Shop No-10, 11, Buiilding A B, Rajpardi, Ahmedabad, Gujarat-393115 | BDBL0001637 | 392750002 |
Products Offered by Bank in Ahmedabad
Want to know the financial products offered by Bandhan Bank for the Ahmedabadis? Stay with us and ride through a journey of custom-made products. For depositors, the bank has savings and current accounts for them. While for the loan seekers, there is a wide gamut to choose from. Loans offered by the bank include Retail Loans, MSME loans, Micro Loans and Agri Loans. Within the retail loans, there are home loan , two-wheeler loan, as well as loan against property & fixed deposit. The bank’s loan products are linked to 1-year MCLR, which now stands at 10.52%.
Basic Details of Bandhan Bank’s Loan Products
| Product | Eligibility | Loan amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | Minimum age for application-23 years Maximum age permitted at the time of loan maturity-65 years | Depends upon your income and repayment capability | 8.65% - 13.00% | 1% of the loan amount+plus applicable taxes Minimum- ₹ 5,000+plus applicable taxes | 15 Years |
| Two-Wheeler Loan | Minimum age for application-23 years Maximum age permitted at the time of loan maturity-65 years | ₹ 10,000-1,50,000 | Linked to MCLR | 3% of the loan amount+plus applicable taxes | 1-3 Years |
| Loan Against Property | Minimum age for application-23 years Maximum age permitted at the time of loan maturity-65 years | Depends upon your monthly or disposable income as well as other conditions | Varies from individual to individual | 1% of the loan amount+plus applicable taxes Minimum- ₹ 5,000+plus applicable taxes | Upto 15 Years |
| Loan Against Term Deposit | Term deposit account holders can avail the facility | A maximum of 90% of the term deposit amount | Linked to MCLR | Zero processing fee | Upto 3 Years |
| Samriddhi Business Loan | Available for individual, prorietory or partnership firms Minimum age for application-23 years Maximum age permitted at the time of loan maturity-60 years A minimum of 2-year vigil in the same line of business is needed. However, new entrepreneurs can also be eligible. | Upto ₹ 25,00,000 | Linked to MCLR | 1% of the loan amount+plus applicable taxes | Upto 5 Years |
| Equipment Loan | Available for individual, prorietory or partnership firms Minimum age for application-23 years Maximum age permitted at the time of loan maturity-60 years A minimum of 2-year vigil in the same line of business is needed. However, new entrepreneurs can also be eligible. | Upto ₹ 10,00,000 | Linked to MCLR | 1% of the loan amount+plus applicable taxes | Upto 5 Years |
| Commercial Vehicle Loan | Available for individual, prorietory or partnership firms Minimum age for application-23 years Maximum age permitted at the time of loan maturity-60 years A minimum of 2-year vigil in the same line of business is needed. However, new entrepreneurs can also be eligible. | Upto ₹ 10,00,000 | Linked to MCLR | 1% of the loan amount+plus applicable taxes | Upto 5 Years |
| Working Capital Loan | MSMEs running into profits | Depends on the bank's assessment regarding your repayment capability | Linked to MCLR | 1% of the loan amount+plus applicable taxes | Repayable on demand |
| Term Loan | Available for individual, prorietory or partnership firms Minimum age for application-23 years Maximum age permitted at the time of loan maturity-60 years A minimum of 2-year vigil in the same line of business is needed. However, new entrepreneurs can also be eligible. | As per the bank's assessment regarding your repayment capability | Linked to MCLR | 1% of the loan amount+plus applicable taxes | Upto 7 Years |
Documents Required
| Product | Documents |
|---|---|
| Home Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years Bank Account Statement for the Last 6 Months Track record of existing loans, if any Details of property you look to buy & construct |
| Two-Wheeler Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years Bank Account Statement for the Last 6 Months Track record of existing loans, if any Quotation or proforma invoice of vehicle you want to buy |
| Loan Against Property | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Details of property to be mortgaged |
| Loan Against Term Deposit | No additional documents required from the KYC proofs which you would have submitted while opening term deposit account |
| Samriddhi Business Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 2Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Trade License applicable to a proprietor/partnership firm Ownership documents, if any, of the security Copy of Partnership deed/Memorandum of Association (MOA and Articles of Association (AOA) or other documents. These documents apply in the case of partnership firm or a company |
| Equipment Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 2 Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Trade License applicable to a proprietor/partnership firm Ownership documents, if any, of the security Copy of Partnership deed/MOA and AOA or other related documents. These documents apply in the case of partnership firm or a company. |
| Commercial Vehicle Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 2 Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Trade License applicable to a proprietor/partnership firm Ownership documents, if any, of the security Copy of Partnership deed/MOA and AOA or other related documents. These documents apply in the case of partnership firm or a company. Proforma Invoice Copy |
| Working Capital Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Trade License applicable to a proprietor/partnership firm Ownership documents, if any, of the security Copy of Partnership deed/MOA and AOA or other related documents. These documents apply in the case of partnership firm or a company. |
| Term Loan | Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried - Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years for self-employed Bank Account Statement for the Last 6 Months Track record of existing loans, if any Trade License applicable to a proprietor/partnership firm Ownership documents, if any, of the security Copy of Partnership deed/MOA and AOA or other related documents. These documents apply in the case of partnership firm or a company. |