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Micro Bazaar Loan

Micro Bazaar Loan is for small entrepreneurs, who have fixed place of delivering services and have existing supersaver account with Bandhan Bank. This facility is for those who as well as their spouse are not existing borrowers of Suchana, Srishti and Micro enterprises loan. This loan provides fund to our deposit customers for their working capital needs.

Minimum Loan Amount : INR 26,000

Maximum Loan Amount : INR 1,50,000

Processing fee : 1% + GST/ Applicable taxes .

Loan Tenure : Up to 2 Years

Rate of Interest : April 01, 2016 onwards, the lending rates on loan products will be with reference to MCLR. The current interest rate is 17.95% p.a.

Highlights :

  • Doorstep documentation and delivery
  • Simplified documentation for hassle free loan processing
  • Use of hand held devices (HHDs) with biometric authentication at doorsteps to speed up transaction time
  • Timely disbursement

For further detail, please contact our Banking Unit near you.