Bandizip is a free achiever tool for Windows PC, which can be used as an alternative of 7-zip or WinRAR. Just like other file archiving tools, BandiZip also allows you to extract many popular file formats including RAR, ACE, AES, ALZ, APK, ARJ, BH, BIN, BZ, BZ2, CAB, EGG, GZ, J2J, JAR, IMG, IPA, ISZ, LHA, LZMA, PMA, TBZ, TBZ2, TGZ, TLZ, TXZ, UDF, WAR, WIM, XPI, XZ, and Z. But, while compressing, it only supports few formats like Zip, ZipX, TAR, TGZ, LZH, ISO, 7Z and EXE. This free file compression utility is also capable of creating self-extracting files and allows to create password protected files.
Bandizip can also extract RAR5 files, which was introduced in WinRAR 5.0, that can be seen as the main highlight of this freeware, as this feature is not yet available in 7-Zip. While installing the software, it integrates itself into Windows context menu that allows you to compress or extract files with a few clicks.
Overall, Bandizip is a nice tool, if you are bored by using 7-zip or WinRAR, you can download from here. It is compatible with Windows XP, Vista, 7, 8, 10.
You might be interested in Ashampoo ZIP Free utility that also compresses and decompresses files.