Bandhan Bank Pune

Banks 120 views

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 NameComplete AddressIFSCMICRContact Detail
AnudhLotus Court 127,1,7, Off LTI Road,Opp Hotel Sarja, Anudh, Pune, Maharashtra-411007BDBL0001787411750007033-66090909
Pimpri ChinchwadCST No-3187,S No-186,Shop No-11,12,15,16,17,18,19,20, Gokhale Plaza, Opposite Ramakrishan More,Natyagruh Chinchwad, Pune, Maharashtra-411033BDBL0001756411750006033-66090909
KothrudGround & Mezzanine Floor, Survey No.1/2,Dhanukar Colony Road, Kothrud, Pune, Maharashtra-411038BDBL0001762411750005033-66090909
Bhandarkar RoadA1.1,A1.2 Herekar Park, Ketkar Road, Off Bhandarkar Road,Near Kamala Nehru Park, Deccan Gymkhana, Pune, Maharashtra-411 004BDBL0001593411750003033-66090909
Kalyani NagarThe Cerebrum,133 Wadgaon Sheri,Kalyani Nagar, Pune, Maharashtra-411014BDBL0001592411750002033-66090909

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

ProductEligibilityLoan amount
Interest Rate
Processing FeeTenure
Home LoanMinimum age for application-23 years

Maximum age permitted at the time of loan maturity-65 years
Depends upon your income and repayment capability10.45%1% of the loan amount+plus applicable taxes

Minimum- ₹ 5,000+plus applicable taxes
15 Years
Two-Wheeler LoanMinimum age for application-23 years

Maximum age permitted at the time of loan maturity-65 years
₹ 10,000-1,50,000Linked to MCLR3% of the loan amount+plus applicable taxes1-3 Years
Loan Against PropertyMinimum 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 conditionsVaries from individual to individual1% of the loan amount+plus applicable taxes

Minimum- ₹ 5,000+plus applicable taxes
Upto 15 Years
Loan Against Term DepositTerm deposit account holders can avail the facilityA maximum of 90% of the term deposit amountLinked to MCLRZero processing feeUpto 3 Years
Samriddhi Business LoanAvailable 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 MCLR1% of the loan amount+plus applicable taxesUpto 5 Years
Equipment LoanAvailable 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 ₹ 10,00,000Linked to MCLR1% of the loan amount+plus applicable taxesUpto 5 Years
Commercial Vehicle LoanAvailable 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 ₹ 10,00,000Linked to MCLR1% of the loan amount+plus applicable taxesUpto 5 Years
Working Capital LoanMSMEs running into profitsDepends on the bank's assessment regarding your repayment capability Linked to MCLR1% of the loan amount+plus applicable taxesRepayable on demand
Term LoanAvailable 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 MCLR1% of the loan amount+plus applicable taxesUpto 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.

 

You May Also Read