Disclaimer: Bandhan Bank is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Bandhan Bank for loan against property. No offers/services from Bandhan Bank are being provided by Paisabazaar for loan against property. For further information about Bandhan Bank for loan against property, users are required to reach out directly to Bandhan Bank.
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Bandhan Bank Loan Against Property Highlights |
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| Interest Rates | 12.64%-17.22% p.a. |
| Loan Amount | Up to 60% of property value |
| Tenure | Up to 30 years |
Rates as of 5th November 2024
Table of Contents
Bandhan Bank Loan Against Property Interest Rates
Bandhan Bank offers Loan Against Property at interest rates starting from 12.64% p.a. onwards based on the credit score of the applicants. However, the bank has not specified differential interest rates based on the credit scores of the loan applicants. Note that the bank may also consider the requested loan amount, customer relationship, etc. of the applicants while setting their loan against property interest rates.
| Minimum Interest Rate | 12.64% p.a. |
| Maximum Interest Rate | 17.22% p.a. |
Check Lenders Offering Loan Against Property at Low Interest Rates Click Here
Compare Interest Rates on Loan Against Property for Top Banks & HFCs
| Name of the Lender | Interest Rate (% p.a.) | |
| State Bank of India | 10.00-11.30 | |
| Bank of Baroda | 10.85-18.60 | Apply Now |
| PNB Housing Finance | 9.25-15.00 | Apply Now |
| IDFC First Bank | 9.00-16.50 | Apply Now |
| HDFC Bank Limited | 9.50-11.00 | Apply Now |
| L&T Housing Finance | 9.50 onwards | Apply Now |
| LIC Housing Finance | 9.50-11.55 | Apply Now |
| Godrej Housing Finance | 9.75 onwards | Apply Now |
| ICICI Bank | 10.85-12.50 | Apply Now |
| Tata Capital | 9.00 onwards | Apply Now |
| Axis Bank | 10.50-10.95 | Apply Now |
| Punjab National Bank | 10.40-12.75 | Apply Now |
Bandhan Bank Loan Against Property Eligibility
- Minimum age of the applicant should be 21 years at the time of loan application
- Maximum age of the applicant at the time of loan maturity should be 75 years or retirement age, whichever is earlier
- Monthly disposable/surplus income of the applicant is also considered while applying for Bandhan Bank LAP
Documents Required while applying for Bandhan Bank LAP
For Salaried Individuals:
- Duly filled application form with recent photographs
- Customer relationship form with recent photograph
- Photo ID Proof, Address Proof, Age Proof
- Processing charges cheque as applicable
- Salary slip for past 3 months
- Recent statement of Provident Fund
- Copy of Income Tax Returns for past 3 years
- Form 16 issued by the employer
- Photocopies of investments and life insurance policies
- Copy of bank passbook for all bank account with entries for past 6 months
- Photocopy of credit card with last month statement
- Copy of rented agreement for applicants residing in rented apartments
- Visiting card
- For applicants without a regular salary slip, salary certificate on employer’s letter head duly stamped and signed
- In case the applicant has availed other loans (active as well as closed), copy of sanction letter, updated repayment track and no dues in cased of closed loan is required by the bank
Additional documents for Self-employed Individuals:
- Copy of audited/certified accounts including schedules for last three financial years
- Shops and establishment license for applicant’s commercial entity
- Copy of professional degree of qualification certificate of applicant
- Partnership deed or shareholding pattern of the entity
- Rent agreement of place of business if on rent
Check LAP Interest Rates For Various Lenders Click Here
Legal and Technical Documents for availing Bandhan Bank LAP
- Approved construction plan with estimate
- Layout plan and construction permission
- Copy of ownership documents of the previous owner
- Copy of sales deed, sales agreement, construction agreement and amenities agreement
- Copy of share certificate and allotment letter in case of Co-operative Society
- Ownership proof in revenue records such as property card, Form 7/12, Form 8-A, Form 6, etc.
- Recent photographs of the property
- NA permission from concerned authority
- Margin money paid receipts
- NOC to mortgage from concerned authority such as development authority, society, etc.
Note: All the documents should be self-attested
Know more about the documents required for loan against property