The town of Bankya has a population of 9 000 inhabitants and is a municipal administrative centre with 3 component settlements. The town lies at a distance of 7 km west of Sofia along the hilly slopes of Lyulin Mountains. The altitude of the town is about 630-640m.

The town of Bankya is well-known for its mineral springs suitable for healing cardiovascular diseases. The mineral springs have a capacity of 50 litres per second and a temperature of 34-38^oC.