Bandhan Bank Chandigarh

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About Bandhan Bank

Bandhan Bank, which started operating as a bank in 2015, is now well spread out with over 700 branches, 270 ATMs and 2,000 customer service centres across India. It has rapidly expanded its product offerings to meet the diverse needs of the customers. Be it loans or deposits, the bank has everything that you would like to have. Based on your needs, you can choose from home loan, vehicle loan, loan against property, loan against term deposits, commercial vehicle loan, equipment loan and others.

The bank has branches in your city Chandigarh, which has three governments-Chandigarh Administration, Punjab Government and Haryana Government.

Bandhan Bank Branches in Chandigarh

Branch NameComplete AddressIFSCMICRContact Number
Madhya MargSCO 149 150, Sector 9 C, Madhya Marg, Chandigarh-160009BDBL000121316075000266090909

Products Offered by Bandhan Bank in Chandigarh

Want to know the products you can avail at Bandhan Bank to fulfill your wishes? These include both deposits and loans. While you can open savings & current accounts with the bank, products like home loan, 2-wheeler loan, commercial vehicle loan, loan against property, loan against term deposits are suitably designed to meet the requirements of the customers. Let’s check out what each product has in store for you and what are the eligibility parameters set by the bank to avail a loan.

Basic Details of Bandhan Bank Loans


Product

Eligibility

Loanamount




InterestRate




ProcessingFee

Tenure




Home Loan

Minimum age at the time of application-23 years




Maximum age permissible at loan maturity-65 years

Depends upon your income and repayment capability
12.41% - 13.72%

1% of the loan amount+plus applicable taxes




Minimum-₹ 5,000+plusapplicable taxes

15 Years

Two-Wheeler Loan

Minimum age at the time of application-23 years




Maximum age permitted at 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 otherconditions

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 rates of term deposit

Zero processing fee

Upto 3 Years

Samriddhi Business Loan

Available for individual, proprietory 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 isneeded. 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, proprietory 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 isneeded. 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, proprietory 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 isneeded. 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 repaymentcapability

Linked to MCLR

1% of the loan amount+plus applicable taxes

Repayable on demand

Term Loan

Available for individual, proprietory 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 isneeded. However, new entrepreneurs can also be eligible.

As per the bank's assessment regarding your repaymentcapability

10.52% p.a. onwards

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.

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