"Bandha para navkarwali" appears not to be a standard, widely-known Jain sutra or stotra by that exact wording. If you meant the well-known Navkar Mantra (Namokar Mantra), that is the central Jain prayer that praises and salutes the five reverent beings and helps purify the soul by reducing karmic bondage.

Simple meaning of Navkar Mantra ( Arth - meaning):

• It is a bow to the five supreme beings: Arihantas (enlightened beings who have conquered inner enemies), Siddhas (liberated souls), Acharyas (spiritual leaders), Upadhyayas (teachers), and Sadhus (monks and nuns).
• The mantra seeks guidance and blessings to progress on the path of non-violence, truth, and detachment, and it helps lessen the bondage of karma.

If you can share a bit more context or confirm the exact phrase (different schools spell or transliterate terms slightly differently, e.g., Digambara vs. Śvetāmbara pronunciations), I can give a more precise explanation in line with Jain scriptures.