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What are Bandhan Bank Home Loan Reviews?

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0 2024-01-03T22:28:57+00:00

I availed of a home loan around 5 months ago through Bandhan Bank. I am sharing the Bandhan Bank reviews based on the home loan I took. The minimum floating interest rate is 9.15%, which goes up to 13.32%. However, my credit score helped me get a home loan at a low-interest rate. I found the documentation process quick, and the assistance was decent, too. I would like to end my Bandhan Bank customer reviews by saying that the bank offers multiple loans, such as Suraksha, Sajavat, Su-awas and Suvidha home loans. So, you will have the flexibility to apply for the one which works the best for you. I took the Suraksha home loan, and it proved to be the right choice for me.

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0 2024-01-02T22:25:04+00:00

Hi, I would like to share my Bandhan bank reviews based on the loan I took a couple of years ago. I wanted to buy a 2 BHK flat and needed support to make the purchase. I took a loan through Bandhan Bank because of a few reasons. First, there is no formal requirement for any income proof. Also, they give a loan amount of up to 90% of the price of the property. I was able to get 85%, which was enough for me to cover the remaining 15% of the cost. This helped me have a house of my own. I would recommend you visit their loan process to find out more.

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0 2023-03-28T13:59:57+00:00

Hey pal,

My aunt took a home loan from Bandhan Bank. I asked her for a Bandhan Bank home loan review. She told me that the bank home loans @9.15% p.a. onwards. The loan amounts to 90% of the property value. The bank also has customised home loans to micro-banking borrowers (both salaried and non-salaried) for the construction of pakka and semi-pakka properties. Keep reading to know more.

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Is home in bandhan bank good?

She told me the home loan from bandhan bank is good. As the interest rate of the loan is low. There are even different types of home loans for each person. The loan application process is smooth as well. The bank manager was helpful throughout the process. I will list each type below.

Suraksha Home Loan
  • Purpose:

    Regular home loan scheme for purchase/extension/construction of house

  • LTV Ratio:

    Up to 90% of the cost of property

  • Tenure:

    5- 30 years

Sajavat Home Loan

  • Purpose:

    Home loan for renovation and repair of existing house such as plumbing, painting, re-laying the roof

  • LTV Ratio:

    Up to 80% of the cost of repair work

  • Tenure:

    5- 15 years

Su-awas Home Loan

  • Purpose:

    For construction of pakka/semi-pakka houses, exclusively for micro banking borrowers, for both salaried and non-salaried individuals

  • Tenure

    : 3-10 years

  • Loan Amount

    : Up to Rs 10 lakh

Suvidha Home Loan

  • Purpose:

    Home loan for construction

    , purchase and extension of house offered to applicants having no formal income proof

  • LTV Ratio:

    Up to 90% of property cost

  • Tenure:

    5- 30 years

Take a look at the table to know Bandhan Bank Home Loan Interest Rates : 
Home Loans Interest Rate (p.a.)

Suraksha Home Loan

9.15%-13.32%

Sajavat Home Loan

9.15%-13.32%

Su-awas Home Loan

12%-14%

Suvidha Home Loan

9.15%-13.32%

More information about the bank is given below:

Bandhan Bank Home Loan Info
Interest Rate

9.15%- 14.00% p.a.

LTV Ratio (Loan Amount)

Up to 90% of property cost

Tenure

5- 30 years

Processing Fees

0.25% – 1.00% + GST

Do write your own Bandhan Bank home loan review in the comment section.

Read more:

Last 10 years home loan interest rates in India

Is property insurance mandatory for home loan as per RBI

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