Bandhan Bank Kolkata
Last Updated : May 9, 2018, 12:29 p.m.
About Bandhan Bank
The build up to the fascinating launch of Bandhan Bank began when India was busy electing the new government for the 2014-19 period. It was April 2014 when the banking regulator Reserve Bank of India (RBI) gave an in-principle approval for the setting up of Bandhan Bank, which previously was working as non-banking finance company engaged in the business of providing micro-finance. After 8 months, Bandhan Financial Holdings announced the decision of incorporating Bandhan Bank as its wholly-owned subsidiary in Dec 2014. The clock went into June 2015 and then, the RBI finally made the decks cleared for Bandhan Bank. Two months later and the much-anticipated launch of the bank happened in the city of Kolkata. The launch ceremony was attended by the bank office bearers as well as the Union Finance Minister Arun Jaitley who happened to inaugurate the bank. It started with an impressive size of operation-501 branches, 50 ATMs and 2,022 doorstep service centres (DSCs). It was clear that the bank had come out with an intent. And within a span of 2 years, the branches, ATMs, and DSCs have gone on to more than 800, 270 and 2400, respectively, covering all the states of India. Amazing, isn’t it? Such expansion can inspire many banks who are in the space for long but battling to extend their reach.
Backed by the shareholders including Small Industries Development Bank of India (SIDBI), International Finance Corporation (IFC), Caladium Investment Pte. Ltd., Bandhan Employee Welfare Trust and few individuals, the bank is set to score big as the time moves along. It offers a rich mix of custom loan and deposit products to customers, regardless of their locations, whether it is urban, semi-urban or rural.
The Kolkata-headquartered bank has a large number of branches in the city. The number can easily count around 50-100. As soon as you step out to these branches, the officials will hear your needs and then suggest a suitable product which can fulfill the same. Unaware of the branches? Know them through the table below.
Bandhan Bank Kolkata Branches
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
Rabindra Nagar | W/197 A,S.A.Farooque Road, Rabindra Nagar, Kolkata West Bengal-700018 | BDBL0001014 | 700750002 | 033-66333333 |
CIT Road | Ground Floor And First Floor, P 8,Nani Gopal Roy Choudhury Avenue, CIT Road, Kolkata-70001 4 | BDBL0001843 | 700750128 | 033-66333333 |
Dakshineswar | 1, Ramkrishna Paramhansadeb Road, Dakshineswar, Kolkata, West Bengal-700035 | BDBL0001773 | 700750126 | 033-66333333 |
Kalikapur | Ground Floor & First Floor, 1188/A/1, Purbachal Main Road, Kolkata, PS-Garfa, West Bengal-700078 | BDBL0001736 | 033-66333333 | |
Dhakuria | 14 B,Gariahat Road S, Next To State Bank Of India, PS Lake PS, Kolkata,West Bengal-700031 | BDBL0001749 | 700750121 | 033-66333333 |
Park Street | Hall and Anderson Ltd, Bangur BFL Estate,31, Chowranghee Road, Kolkata, West Bengal.pin-700016 | BDBL0001640 | 700750083 | 033-66333333 |
Baruipur | 104 A, Kulpi Road, Baruipur, Kolkata, West Bengal-700144 | BDBL0001027 | 033-66333333 | |
Girish Park | 187 C.R. Avenue Girish Park, Kolkata, West Bengal-700007 | BDBL0001295 | 700750080 | 033-66333333 |
Shakespeare Sarani | New B K Market, 16B, Shakespeare Sarani, Kolkata West Bengal-700071 | BDBL0001590 | 700750082 | 033-66333333 |
Bidhan Sarani | 159B, Bidhan Sarani, Kolkata, West Bengal-700006 | BDBL0001580 | 700750016 | 033-66333333 |
Products Offered by Bandhan Bank in Kolkata
Come to Kolkata branches of Bandhan Bank and you will find an extensive line of products to choose from. Be it a home loan , 2-wheeler loan, loan against term deposit or business loan, you can get all that and more here. These loan products are designed in a way to meet your needs without pinching your wallet. Know the details of the products as we chart out the same in the below table.
Basic Details of Loans from Bandhan Bank in Kolkata
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 Needed to Get Bandhan Bank Loans in Kolkata
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. |