Bandhan Bank Samriddhi Loan

Features and benefits

• The Samriddhi Business Loan from the Bandhan Bank Limited, will have a maximum loan amount of Rs. 3 lakh.
• If you are a small-time entrepreneur looking for cash to upscale your business, then you can avail this loan scheme from Bandhan Bank.
• The loan repayment term for all kinds of applicant be it an individual, partner, or even proprietorship will have the options of 1 year, 18 months, or 2 years, of which you can choose any one.
• The applicants a must have completed at least 2 cycles of availing of loan where they were the co-applicant and had one relative being the primary applicant.
• A processing fee of 1% plus taxes that are applicable, will be charged by Bandhan Bank Limited.
• The bank will charges an interest rate on this loan which will be linked to its MCLR rate of 17.95%. This rate is subject to change at the bank's discretion.
• The loan can be repaid through EMIs where you can set a standing instruction for your savings account. The amount will be deducted automatically from your bank account on the due date.
• Documentation process is simple and hassle-free.
• Doorstep services offered.
• The loan amount will be disbursed on time.

Documents required

• Proof of identity.
• Proof of address.
• Your photograph.
• Form 60 or PAN Card

How to apply for a Samriddhi Business Loan from Bandhan Bank?

Online

Given below are the steps you will have to follow if you wish to apply for a Samriddhi Business Loan from Bandhan Bank:

1. Click on the link https://www.bandhanbank.com/SamriddhiBusinessLoan.aspx.
2. On the page, click on the 'Apply Now' button.
3. Enter details such as your name, mobile number, email ID, city, and pin code.
4. Click on 'Submit'.
5. You will be required to upload the necessary documents. Once that is done, the bank will verify the documents and the application form and if all the details are found to be correct, the loan amount will be disbursed to your bank account.

Offline

You can also visit the nearest Bandhan Bank branch will all the necessary documents to apply for Samriddhi Business Loan. A representative from the bank will help you with the application form. Submit the application form along with the documents which will then be verified by the lender. If all the details provided by you are correct, then the bank will disburse the loan amount to your bank account.