@bandhanbank.com
Bandhan Bank provides microfinance lending services.
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About
Description
Bandhan Bank is a leading commercial bank in India that was established in 2014. It started as a microfinance institution in 2001, and after obtaining the necessary licenses, it transformed into a full-fledged bank. The bank's headquarters are located in Kolkata, West Bengal, India.
Bandhan Bank offers a wide range of products and services to cater to the banking needs of individuals and businesses. These include savings accounts, current accounts, fixed deposits, recurring deposits, loans, credit cards, insurance, and online banking services. The bank is known for its focus on financial inclusion and providing affordable banking solutions to the underserved sections of society.
In terms of global operations, Bandhan Bank primarily operates within India. However, it has made notable expansion efforts in recent years. In 2018, the bank acquired Gruh Finance, a housing finance company, to strengthen its presence in the housing loan segment.
Additionally, it has made strategic partnerships with various companies to expand its product offerings and reach a wider customer base. Bandhan Bank has achieved significant success since its inception. It has established itself as the largest microfinance institution in India and has won several awards and accolades for its innovative products and services.
The bank has a strong market position and is known for its customer-centric approach. In terms of its global sales and competition, Bandhan Bank primarily operates within India and does not have a significant presence in the international market. Its main competitors in the Indian banking sector include State Bank of India, HDFC Bank, ICICI Bank, and Axis Bank.
As of the latest information, Bandhan Bank is in a strong position and continues to grow steadily. It has a robust customer base, strong financial performance, and a well-established brand presence. However, it is crucial to note that the current status may change, and it is advisable to refer to the latest updates from official sources for the most accurate information
Company Type
Privately Held
Company Size
10,001+
Year Founded
2015
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