Bandhan Bank Pune
Last Updated : May 9, 2018, 12:30 p.m.
About Bandhan Bank
Bandhan Bank, a wholly-owned subsidiary of Bandhan Financial Holdings, has gone about expanding its base across India in earnest. It dazzled the banking space with 501 branches, 50 ATMs and 2,022 doorstep service centres (DSCs) upon its launch in August 2015. The launch took place in a ceremony held in Kolkata. The Finance Minister Arun Jaitley Arun Jaitley inaugurated the bank.
But it was the pre-launch news that may have come as a surprise for Bandhan, which was earlier a micro-finance company. Almost 25 institutions have filed the application before the Reserve Bank of India (RBI) for the banking license. But the approval was given to only two of which Bandhan was one. Precisely, it was April 2014 when Bandhan obtained the in-principle approval from the RBI. A period of 8 months and came the event of Bandhan Bank becoming the subsidiary of Bandhan Financial Holdings in Dec 2014. The RBI, satisfied with the initial capital requirement of ₹ 500 crores, gave a go-ahead for the setting up of Bandhan Bank. In fact, the bank started with a capital base of 2,570 crores, five times more of the requirement as stipulated by the RBI.
With the support pouring in from the shareholders comprising of Small Industries Development Bank of India (SIDBI), International Finance Corporation (IFC) and Caladium Investment Pte, Ltd., the bank is positioned well to cover the extra mile. A significant part of the same, it has already covered. It’s the presence across all the Indian states that the bank enjoys after launching a branch in Jammu. The branch, ATM and DSC count have gone past 800, 270 and 2,400, respectively, within 2 years.
Are you residing in Pune? In the look out for the branches of Bandhan Bank to avail loans and deposits? There are about 4-5 branches of Bandhan Bank in Pune, a home to many IT professionals. Check out the details of Bandhan Bank branches in Pune.
Bandhan Bank Pune Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Anudh | Lotus Court 127,1,7, Off LTI Road,Opp Hotel Sarja, Anudh, Pune, Maharashtra-411007 | BDBL0001787 | 411750007 | 033-66090909 |
| Pimpri Chinchwad | CST No-3187,S No-186,Shop No-11,12,15,16,17,18,19,20, Gokhale Plaza, Opposite Ramakrishan More,Natyagruh Chinchwad, Pune, Maharashtra-411033 | BDBL0001756 | 411750006 | 033-66090909 |
| Kothrud | Ground & Mezzanine Floor, Survey No.1/2,Dhanukar Colony Road, Kothrud, Pune, Maharashtra-411038 | BDBL0001762 | 411750005 | 033-66090909 |
| Bhandarkar Road | A1.1,A1.2 Herekar Park, Ketkar Road, Off Bhandarkar Road,Near Kamala Nehru Park, Deccan Gymkhana, Pune, Maharashtra-411 004 | BDBL0001593 | 411750003 | 033-66090909 |
| Kalyani Nagar | The Cerebrum,133 Wadgaon Sheri,Kalyani Nagar, Pune, Maharashtra-411014 | BDBL0001592 | 411750002 | 033-66090909 |
Products Offered by Bandhan Bank in Pune
The bank is ready to welcome you with a rich suite of products that can match your expectations. In Pune, you can expect to receive a plethora of loans such as a home loan , two-wheeler loan, loan against fixed deposit, loan against rent receivables, to name a few. Want to have the details before you choose any of the loan options? Get the information below.
Basic Loan Details of Bandhan Bank Loans in Pune
| 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 Avail Loans from Bandhan Bank in Pune
| 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. |
