Image Source: ABH News
In a move that’s set to redefine retail lending in India, Bandhan Bank has launched one of its most competitive personal loan offers for 2025. With an EMI of just ₹2,400 for a ₹1,00,000 loan, the bank is positioning itself as a go-to lender for salaried and self-employed individuals seeking accessible credit with flexible repayment terms. The offer is part of Bandhan Bank’s broader strategy to democratize personal finance and support borrowers through transparent, low-cost lending.
Key Highlights of the Offer
Borrowers can avail a ₹1,00,000 personal loan with a monthly EMI of ₹2,400, assuming a tenure of five years and interest rates starting at 9.47 percent per annum.
The offer is available to both salaried and self-employed individuals, with slight variations in interest rates based on employment type and loan tenure.
Bandhan Bank allows repayment tenures ranging from 12 to 60 months, giving borrowers the flexibility to tailor their repayment schedules.
Interest Rate Structure and Loan Tenure
For Salaried Individuals:
Loans with tenure up to 3 years: Interest rate starts at 12.15 percent per annum.
Loans with tenure over 3 years: Interest rate drops to 9.47 percent per annum.
For Self-Employed Borrowers:
Loans with tenure up to 3 years: Interest rate begins at 12.55 percent per annum.
Loans with tenure over 3 years: Interest rate starts at 10.10 percent per annum2.
This tiered structure allows borrowers to benefit from lower interest rates if they opt for longer repayment periods, effectively reducing their monthly financial burden.
Eligibility Criteria and Application Process
Age: Applicants must be between 21 and 60 years old.
Employment: Open to salaried professionals and self-employed individuals with a stable income source.
Credit Score: A score above 750 significantly improves approval chances and may unlock better rates.
Income and Debt Profile: Bandhan Bank evaluates income levels, existing liabilities, and repayment history to determine loan eligibility.
The application process is streamlined through Bandhan Bank’s online portal, allowing users to check eligibility, calculate EMIs, and submit documentation digitally.
Additional Charges and Terms
Processing Fee: Up to 3 percent of the loan amount plus GST.
Foreclosure Charges:
4 percent of the outstanding principal if closed within 12 months.
2.5 percent if closed after 12 months.
No foreclosure charges for loans exceeding ₹10 lakhs.
Penal Charges: ₹200 per ₹10,000 of overdue EMI, plus applicable taxes.
These terms are designed to ensure transparency while offering borrowers the flexibility to manage their loans without hidden costs.
Types of Personal Loans Offered
Fixed-Rate Loans: Ideal for borrowers seeking predictable EMIs and stable monthly budgeting.
Floating-Rate Loans: Suitable for those comfortable with market-linked interest fluctuations, offering lower initial rates.
Bandhan Bank also provides instant disbursal into the borrower’s account, making it a viable option for urgent financial needs such as medical expenses, education, or home renovation.
Why This Offer Stands Out in 2025
The ₹2,400 EMI for a ₹1,00,000 loan is among the lowest in the market, especially for a five-year tenure.
The bank’s flexible tenure options and competitive rates make it accessible to a wide range of borrowers.
With India’s growing demand for personal credit, Bandhan Bank’s offer is timely and aligns with the financial aspirations of middle-income households.
Conclusion
Bandhan Bank’s 2025 personal loan offer is more than just a financial product—it’s a statement of intent to make credit affordable, transparent, and inclusive. Whether you're planning a wedding, funding a course, or managing a medical emergency, this offer provides a reliable cushion without straining your monthly budget.
Sources: Livemint, ClearTax2, Bandhan Bank Official Calculator
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