Bandhan Bank Home Loans

Why Opt for Bandhan Bank Home Loans?

• Competitive Interest Rates: Starting from 9.15% per annum, Bandhan Bank offers attractive financing options to make homeownership accessible.
• Flexible Tenure: Repayment periods extend up to 30 years, allowing you to plan your EMIs in alignment with your financial goals.
• High Loan Amounts: Finance up to 90% of the property's value, reducing the need for a substantial upfront payment.
• Minimal Documentation: Benefit from a simplified application process with minimal paperwork, streamlining your loan approval.
• Zero Prepayment Charges: Zero Prepayment Charges: For floating rate loans, you can make prepayments without incurring any penalties, helping you reduce your overall interest burden.

Bandhan Bank Home Loan Products

• Suraksha Home Loan: Designed for individuals with formal income proof, this loan facilitates the purchase, construction, or extension of a residential property.
• Suvidha Home Loan: Ideal for applicants without formal income proof, this loan assesses eligibility based on cash flow, supporting the purchase or construction of a home.
• Sajavat Home Loan: Tailored for home renovation and repair projects, this loan helps you upgrade your existing home to meet your evolving needs.
• Su-Awas Home Loan: Aimed at individuals without regular salaries, offering flexible repayment options for home construction or renovation.

Bandhan Bank Home Loan Interest Rates

Processing Fees

Bandhan Bank charges a processing fee of up to 1% of the loan amount plus applicable GST.

Home Loan Eligibility Criteria

To qualify for a Bandhan Bank home loan, applicants must meet the following criteria:

• Age: Minimum 21 years at the time of application; maximum age at loan maturity is 75 years or retirement age, whichever is earlier.
• Employment: Both salaried and self-employed individuals are eligible.
• Income: Sufficient disposable income to cover EMI obligations, with assessments based on monthly surplus income.
• Credit Score: A good credit history is preferred to secure favorable interest rates.

Required Documents for Bandhan Bank Home Loan

Applicants need to provide the following documents:

• Identity Proof: Voter ID, PAN Card, Aadhaar Card, or Passport
• Address Proof: Aadhaar Card, Driving License, Passport, or recent utility bills.
• Income Proof:
  • Salaried: Latest 3 months' salary slips, Form 16, and 6 months' bank statements.
  • Self-Employed: Income Tax Returns for the last 2–3 years, business financials, and 6 months' bank statements.
• Property Documents: Agreement to sell, title deed, approved building plan, encumbrance certificate, and registration documents.

How to Apply for Bandhan Bank Home Loan via TyTil

Simplify your home loan application process with TyTil:

• Visit TyTil's Home Loan Partner Page.
• Fill out the online application with your personal and loan details.
• Upload the necessary documents for pre-eligibility assessment.
• Receive personalized assistance from a TyTil expert throughout the process.
• Upon approval, the loan amount will be disbursed directly to your account.

Benefits of Applying with TyTil

• 100% Digital Application: Experience a paperless and hassle-free application process.
• Expert Assistance: Receive guidance on eligibility, documentation, and selecting the best loan product.
• Compare Offers: Evaluate loan options from multiple providers to make an informed decision.
• End-to-End Support: Benefit from continuous assistance from application to loan disbursal.

Embark on your homeownership journey with Bandhan Bank and TyTil, where your dream home becomes an achievable reality.