🇮🇳 India

Bandhan Bank Last updated2026-05-28

Bandhan Bank EMI Calculator 2026 rates.

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Quick answer

Bandhan Bank home loan rate starts at 9.15% (typical 9.85%) as of 2026. A ₹50 lakh loan at 9.85% over 20 years = an EMI of approximately ₹47,755/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Bandhan Bank loan rates (May 2026)

🏠 Home Loan

9.15–12%

typical: 9.85% p.a.

💵 Personal Loan

12.5–21%

typical: 14.25% p.a.

🚗 Car Loan

9.5–13%

typical: 10.5% p.a.

💳 Processing Fee

1% of loan amount (min ₹5,000, max ₹20,000) for home loans. Personal loans 1-2.5%.

🔁 Prepayment

Zero on floating-rate retail home loans. 2-3% on personal/auto loan foreclosure within 12 months.

About Bandhan Bank

Why choose Bandhan Bank?

Bandhan Bank started as a microfinance institution (Bandhan Financial Services, 2001) and became a universal bank in 2015 — the first MFI ever to receive an RBI universal banking license. It operates around 6,200 banking outlets concentrated in East and Northeast India. Total advances around ₹1.4 lakh crore, ~25% microbanking and ~75% commercial/retail post-diversification. The 2019 acquisition of Gruh Finance (HDFC subsidiary) added a meaningful affordable-housing book.

🎯 Unique angle

Bandhan is uniquely positioned for East India affordable housing — through the Gruh Finance acquisition, it has deep affordable-segment underwriting expertise rare among new-private-sector banks. For West Bengal, Assam, Odisha, and Northeast home loan buyers in the under-₹40 lakh segment, Bandhan often beats SBI on speed and matches on rate.

Product highlights

✓ Bandhan Home Loan: 9.15-10.5% with PMAY-CLSS direct credit
✓ Bandhan Gruh affordable housing product (legacy Gruh Finance customers)
✓ Bandhan Group Loan (microfinance — JLG model, original product)
✓ Bandhan Personal Loan: rates from 12.5% with fast digital approval
✓ Bandhan Two-Wheeler Loan with PSU-employee tie-ups

❓ Bandhan Bank FAQ

Common questions.

Bandhan Bank for affordable housing in East India?

Yes — Bandhan is one of the top 3 lenders for affordable housing (under ₹40 lakh) in West Bengal, Assam, Odisha, Tripura, and other Northeast states. The Gruh Finance acquisition (2019) brought decades of affordable-segment underwriting expertise. Bandhan processes PMAY-CLSS subsidies (₹2.30-2.67 lakh) directly with NHB and credits to loan principal. For Kolkata, Guwahati, Bhubaneswar first-time buyers earning under ₹18 lakh/year, Bandhan is competitive with SBI on rate plus often faster processing.

Is Bandhan Bank safe? What happened to the Gruh Finance team?

Bandhan is RBI-regulated as a scheduled commercial bank with full BR Act protections. The 2024-2025 microbanking portfolio saw stress (rising NPAs in unsecured group loans across the sector), driving Bandhan to increase provisioning and slow MFI growth. Capital adequacy remains above 16%. The Gruh Finance team was largely integrated post-acquisition; some senior leadership departed but the affordable-housing book continues to grow under Bandhan branding. DICGC ₹5 lakh insurance applies.

Bandhan vs SBI for Kolkata home loan?

SBI is cheaper by 10-25 bps and has deeper branch density across Kolkata. Bandhan is faster on processing (5-8 days vs 12-20 days at SBI) and has more aggressive pre-approved offers for Bandhan salary account holders. For sub-₹40 lakh affordable segment with PMAY eligibility: Bandhan is meaningfully better on combined experience. For premium South Kolkata (Alipore, Ballygunge) ₹1 crore+ purchases: HDFC, ICICI, or SBI dominate.

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