ICICI vs Bandhan Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on ICICI Bank and Bandhan Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
ICICI vs Bandhan — Business Loan Comparison
Key parameters compared side by side.
| Parameter | ICICI | Bandhan |
|---|---|---|
| Interest Rate (p.a.) | 11% – 15.5% | 12% – 16% |
| Processing Fee | 2.00% (min Rs 10,000) | 2.00% (min Rs 5,000) |
| Max Loan Amount | Rs 3 Cr | Rs 1 Cr |
| Max Tenure | 6 Years | 5 Years |
| Bank Type | Private Sector | Private Sector |
| Founded | 1994 | 2015 |
| Headquarters | Mumbai | Kolkata |
Interest Rate (p.a.)
ICICI
11% – 15.5%
Bandhan
12% – 16%
Lower/better: ICICI
Processing Fee
ICICI
2.00% (min Rs 10,000)
Bandhan
2.00% (min Rs 5,000)
Max Loan Amount
ICICI
Rs 3 Cr
Bandhan
Rs 1 Cr
Lower/better: ICICI
Max Tenure
ICICI
6 Years
Bandhan
5 Years
Lower/better: ICICI
Bank Type
ICICI
Private Sector
Bandhan
Private Sector
Founded
ICICI
1994
Bandhan
2015
Headquarters
ICICI
Mumbai
Bandhan
Kolkata
Rates as of April 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 20 Lakh business loan for 5 years at each bank's lowest rate.
ICICI
Bandhan
Savings: Choosing ICICI saves you approximately ₹1,004 per month, or ₹60,240 in total interest over the loan tenure.
Feature Comparison
Key features offered by ICICI and Bandhan for business loan.
| Feature | ICICI | Bandhan |
|---|---|---|
| InstaBIZ portal for MSMEs | ||
| EMI holiday for first 3 months | ||
| OD & CC facilities | ||
| GST-based instant offers | ||
| Micro & small enterprise focus | ||
| No collateral for small amounts | ||
| Quick disbursement | ||
| Doorstep banking |
InstaBIZ portal for MSMEs
EMI holiday for first 3 months
OD & CC facilities
GST-based instant offers
Micro & small enterprise focus
No collateral for small amounts
Quick disbursement
Doorstep banking
Which Is Better — ICICI or Bandhan?
It depends on your priorities. Here is a quick guide.
Choose ICICI If...
- Lower starting interest rate (11% vs 12%)
- Higher max loan amount (Rs 3 Cr vs 1 Cr)
- Longer max tenure (6 yrs vs 5 yrs)
- Lower maximum rate (15.5% vs 16%)
Choose Bandhan If...
- Trusted brand with strong business loan offerings
Still unsure? Contact Money Matrix Hub for a free personalised recommendation based on your income, credit score, and loan requirement.
Eligibility Comparison
General eligibility criteria for business loan at both banks.
ICICI Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Bandhan Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about ICICI vs Bandhan business loan.
Which bank has a lower business loan interest rate in 2026 — ICICI or Bandhan?
ICICI currently offers a lower starting rate of 11% p.a. for business loan. However, the actual rate you receive depends on your credit score, income, and loan amount. Money Matrix Hub can help you get the best negotiated rate from both banks.
What is the maximum business loan amount I can get from ICICI vs Bandhan?
ICICI offers a higher maximum loan amount of up to Rs 3 Cr. ICICI offers up to Rs 3 Cr while Bandhan offers up to Rs 1 Cr for business loan.
Which bank charges a lower processing fee for business loan — ICICI or Bandhan?
ICICI charges a processing fee of 2.00% (min Rs 10,000), while Bandhan charges 2.00% (min Rs 5,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose ICICI or Bandhan for business loan in 2026?
The best choice depends on your specific needs. ICICI offers rates from 11%–15.5% with a max tenure of 6 years, while Bandhan offers 12%–16% with 5 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a business loan from both ICICI and Bandhan?
Yes. Money Matrix Hub is an authorised DSA partner for both ICICI and Bandhan. We can submit parallel applications at no extra cost and help you pick the best sanction offer. Our service is 100% free for borrowers.
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