Bandeira is a Brazilian municipality located in the state of Minas Gerais. Its population was estimated to be 4,766 people living in a total area of 484 km<sup>2</sup>. The city belongs to the Immediate Geographic Region of Almenara. Bandeira became a municipality in 1962.
Bandeira is located 37 km northeast of Almenara, just south of the boundary with the state of Bahia. Highway connections are poor making the region isolated. The elevation was 292 meters. The main economic activities are cattle raising (22,000 head in 2006) and the cultivation of cacao, oranges, sugarcane and corn. The GDP in 2006 was . There were no banking agencies . In the same year there were 63 automobiles. This municipality is isolated from major population centers and suffers from drought and poor soils.