Top Banks 2024
Allahabad Bank Hyderabad
Last Updated : March 18, 2017, 3:28 p.m.
About Allahabad Bank
Commonly known as the hi-tech city of India, there is no denying the fact that Hyderabad is one such city that caters all your needs in the best possible way. This beautiful city is not only a hub of many leading IT companies or giants, but is also a nest of many financial companies and banks. Yes, and when we say best lenders, offering financial services and products, many of you will surely agree on the fact that Allahabad Bank rules the roost. This public sector bank was established in the year 1865 with a vision and mission to offer nothing but always the best products and customer-friendly services to all the customers around the world
This renowned bank with its exclusive range of products such as car loan, property loan, home loan and education ensures to meet the multiple needs of one and all. This is the reason that people living in the beautiful city of Hyderabad prefer to avail the products and services being offered by this public sector bank. With headquarters in Kolkata, today this Government of India Undertaking enjoys more than 3,071 branches located in various cities of the country. So, if you also the one who is looking for any sort of financial help in Hyderabad, you need to check out this page, giving you detailed information on Allahabad Bank.
Allahabad Bank Hyderabad Branches
| Branch Name | Address | IFSC Code | MICR | Customer Care |
|---|---|---|---|---|
| Industrial Finance Br, Hyderabad | Ifb Branch, 6 - 3 - 850/3, Srinivas Plaza, Near Seesh Mahal, Ameerpet, Hyderabad - 500016, Andhra Pradesh | ALLA0211956 | 500010009 | 040-23412156 |
| Hyderabad | 5 - 1 - 680, T.K. House Post Box - 166, Bank Street, Hyderabad Hyderabad Hyderabad, Pin: 500195 | ALLA0210213 | 500010002 | 040-24745621 |
| Secunderabad | Sarojini Devi Road, Minerva Complex, Secunderabad, Dist - Hyderabad, Andhra Pradesh | ALLA0210299 | 500010006 | 040-27842949 |
| Hyderabad Maruti Nagar | 8/3/222/1/1 Shalimar Apartment, Yusufguda Road, Maruthinagar, Hyderabad, Andhra Pradesh | ALLA0210732 | 500010005 | 040-23732249 |
| Himayatnagar Branch , Hyderabad | 3 - 6 - 435 Himayatnagar, Main Road , Hyderabad - 5000029 | ALLA0211050 | 500010004 | 040-27638798 |
| Hyderabad Chikhadapalli | 1 - 1 - 230/13/1, Vi Viveknagar, Chikkadapally, Hyderabad Andhra Pradesh 500020 | ALLA0211214 | 500010003 | 040-27656916 |
| Hyderabad Balanagar | 3/2 - 6, Main Road, Balanagar, Hyderabad Hyderabad Rangaredyy District, Pin: 500042 | ALLA0211472 | 500010007 | 040-23774020, |
| Hyderabad Santosh Nagar | 17 - 1 - 211/3/B/3, Main Road M Saidabad Post, Hyderabad - 500659 | ALLA0211473 | 500010008 | 040-24532509 |
| Chittoor | Sundar Iyer Street, Chittoor, Hyderabad | ALLA0212304 | 517010102 | 08572-230091 |
| Boduppal | Boduppal, Plot No 976, Buddha Nagar, Warangal Highway, Peerzadiguda (Vill), Hyderabad Hyderabad Ghatkesar Mandal, Ranga Reddy District, Pin: 0 | ALLA0212228 | 500010013 | 040- 27201061 |
| Hyder - Shah - Kot | Hyder - Shah - Kot, Main Road, Hyder - Shahkot, Golconda(Post), Hyderabad Hyderabad Rajendra Nagar Mandal, Ranga Reddy District, Pin: 500008 | ALLA0212229 | 500010010 | 040-24190321 |
| Kukatpally | Kukatpally, Hig - Plot No 160 & 161, 6Th Phase Main Road, Kphb Colony, Hyderabad Hyderabad Ranga Reddy District, Pin: 500072 | ALLA0212226 | 500010011 | 040-23150037 |
| Malkajgiri | MALKAJGIRI, 2 - 482/53/A, SRI SEETHARAMA NILAYAM, GAYATHRINAGAR, NEAR RADHIKA TALKIES, MALKAJGIRI, HYDERABAD HYDERABAD HYDERABAD, Pin: 0 | ALLA0212262 | 500010014 | 040-27126200 |
| Service Branch Hyderabad | Service Branch Hyderabad, 3 - 6 - 111/8 Main Road Himayat Nagar, Hyderabad Hyderabad Hyderabad, Pin: 500029 | ALLA0211860 | 040-27677529, | |
| Vanasthalipuram | House No 5 - 6 , 192, Gr Floor, Vaidehi Nagar , Vanasthalipuram, Hyderabad | ALLA0212227 | 500010012 | 040-24241519 |
| Wesley Boys Junior School | WESLEY BOY, P.G ROAD, SECUNDERABAD - 500003 | ALLA0212441 | 9052002759, 040-27846478 | |
| Wesley Girls High School | Old Lancer Road , Wesley Girls Degree College Secunderabad, Andhra Pradesh | ALLA0212442 | 040-27888711 | |
| Gachibowli | Gachibowli Main Road, Hyderabad, Andhra Pradesh 500032 | ALLA0212474 | 500010017 | 9866097725 |
| Kothapet | Allahabad Bank, Sairam Avenue, 2-4-1049, Plot No.35, New Nagole, Kothapet Road, Hyderabad-500035 Ap | ALLA0212741 | 500010019 | 4024045252 |
| Jubilee Hills | Plot.No.1272, Road No.63, Jubilee Hills, Hyderabad-500033 | ALLA0212889 | 500010021 | 9000567497 |
| Banjara Hills | H.No.8 By 2 By 269 By S By 50, Ground Floor, Sagar Society, Road No.2, Banjara Hills Hyderabad-500034 | ALLA0212890 | 500010020 | 9000567497 |
| TIRUMALGHERY | Plot.No.05, Survey No.63, Main Road Tirumalghery, Secunderabad-500015 | ALLA0212892 | 9000567497 | |
| Tollychowki | Door No 1-20 By 1 By A Suryanagar Colony, Tollichowki, Hyderabad 500008 | ALLA0212922 | 9000567497 | |
| Habsiguda | Door No.4-106 By C, Street No 8, Habsiguda, Near Mathura Bar, Habsiguda, Hyderabad-Pin 5000013 | ALLA0213063 | 9000567497 | |
| DD Colony | G-1, Sterling Avenues, 2-2-1167 By 11 By 1, 2-2-1164 By 3 By 8 By A And 2-2-1164 By 4 To 7, Situated In Plot Nos.5, 6, 10 And 19-B, In Survey No.427 Of Bagh Amberpet Village, In Ward No.2 Of Block No.2, At Tilaknagar, New Nallakunta, Hyderabad | ALLA0213093 | 9966752862,9000567497 | |
| Miyapur | H.No.2-60 By 10, Plot No. 546, Miyapur-Bollaram Road, Miyapur-500049. Hyderabad. Rangareddy Dist. | ALLA0213094 | 9000567497 |
Products Offered by Allahabad Bank in Hyderabad
When in Hyderabad,looking for any sort of financial help, don’t think twice as Allahabad Bank with its diverse product range such as car loan, home loan, personal loan and so on ensures to meet all your needs in the best possible way. However, when it comes to knowing the eligibility of these products, you can easily know the same by reading the table below.
Basic Details of Allahabad Bank Loans
| Product | Eligibility | Interest Rate (in p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|---|
| Home Loan | The minimum age of the applicant at the time of availing the loan should be 21 years. The maximum age of the applicant at the time of loan maturity should be 70 years. An individual must have a regular source of income to liquidate the loans. The housing loan to HUF will not be considered. The employees who have availed housing loan from their own organizations may also avail housing loan from the bank. | 8.75% - 9.90% | Up to ₹500 Lakh(depends on combined income) | 30 Years | 0.40% of the loan amount, maximum ₹17,250 |
| Personal Loan | Pensioners: Age of the pensioner should not exceed 73 years (Seventy three years) as on the date of disbursement of loan and loan should be fully repaid before attaining the age of 75. Doctors: Individual Doctors & Medical Practitioners. Maximum age: 65 years on date of sanction of loan. | 10.00% - 15.00% | ₹25,000-Amount equivalent to annual income or ₹ 5.00 lacs, whichever is less | 48-60 Months | Nil-1.22% of loan Minimum ₹614 |
| Car Loan | Salaried Person :Minimum gross monthly income of ₹ 25,000/- Agriculturist : Minimum 5 acres of irrigated land holding Professional & Self-Employed / Businessmen : An IT assessee. With full collateral security, IT assessment order / IT return may be waived. Retired individuals : Drawing monthly pension of ₹ 15,000/= and above. Firm/ Companies: Net profit is sufficient to meet repayment of Car Loan | 8.05% Onwards | Maximum of 3 times of Net Annual Income / Net Annual Salary. Income of spouse / father/ mother/ son/ unmarried daughter can also be clubbed, provided he/she/they become the co-borrower | For New Vehicle : Individuals: Maximum 84 Months For Firm/ Companies: Maximum 60 Months For Pre-owned Vehicle : Maximum 60 months / Residual life of the vehicle, whichever is lower | 0.50% of loan Maximum ₹5,750 (Allahabad Bank Employees- NIL) |
| Property Loan | Minimum 21 years & maximum 70 years at the time of sanction of loan. In case of Firms/ Companies/ Society/ Trust, it should be minimum five years old. Individual: Income should be minimum ₹1.20 Lacs per annum. Joint Borrower: While computing quantum of loan in case of joint borrowers, income of all borrowers will be clubbed. In case of firm/ Company, Net Cash generation (after adding back depreciation) is considered as income for calculation of loan amount and considering repayment capacity. However, the income will be taken as per audited balance sheet/ IT return of last financial year. In case of firm, personal income of proprietor/ partners and in case of company personal income of Directors may be clubbed with the income of firm /Company if the source of income is different. | 14.1% | ₹5.00 Lakh-200.00 Lakh | 108 Months | Above ₹150 Lac: 0.31%, Min ₹92115 |
| Education Loan | Studies in India (Indicative list): Approved courses recognized by UGC/ Govt. / AICTE/ AIBMS/ ICMR etc. Studies abroad: For job oriented professional/ technical courses offered by reputed universities. | 8.95%-10.6% | Study in India: Up to ₹20 Lakh depending on the Institute. Study abroad: ₹50 Lakh | Upto 15 Years | For studies in India For loan amount above ₹10.00 Lakh -- 0.15%, maximum of ₹3,000/- For studies abroad For loan amount above ₹20.00 Lac -- 0.10%, maximum of ₹5,000/- |
Documents Required
| Product | Documents |
|---|---|
| Home Loan | Duly Signed Application Form with Photograph ID Proof Residence Proof Processing Fee Cheque Latest Bank Statements Property Related Documents-Allotment Copy, Property Agreement Copy, Registration Copy,etc. Salaried Applicants: Salary Slips of Last 3-4 Months and Form 16 of Last 2 Years Last 3 Years ITR with Computation of Income Last 3 Years CA Certificate/Audited Balance Sheet and Profit and Loss Account Self-employed Applicants: ITR of Last 2-3 Years Profit and Loss Account and Audited Balance Sheet of Last 2-3 Years |
| Personal Loan | Salaried: Photo ID and age proof Signed application form with photograph Residence proof Last 6 months bank statement Last 3 months salary – slips Form 16 or Income Tax Returns Self-employed: Photo ID and age proof Signed application form with photograph Residence proof Last 6 months bank statement Last 3 years Income Tax Returns with computation of Income Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account |
| Car Loan | Duly signed application form Photographs ID Proof Age Proof Income Proof Residence Proof RC Copy Used Car-Valuation Copy Business establishment proof for self-employed:Sales Tax Registration/ VAT Registration/ Service Tax Registration Utility bills of shops and establishments, etc. |
| Property Loan | Salaried Customers Loan application form with passport size photographs Proof of identity and residence proof Current bank statement and latest salary slip PAN Card / Form 60 Last 6 months bank transactions statement Cheque for the processing fee Self Employed Professionals Complete loan application form with passport size photographs Address proof and identity proof Current bank statement and latest salary slip Last 3 years income tax certificate for both business and self, last 3 years profit and loss statements and balance sheets Last 6 months bank transactions statement Cheque for the processing fee Self Employed Businessman Loan against property application form with passport size photographs Proof of identity and proof of address Current bank statement and latest salary slip Profit and loss statements of last 3 years and balance sheet and last 3 years income tax returns (self and business) Last 6 months bank transactions statement Cheque for the processing fee |
| Education Loan | Admission letter from the educational institution in which you have got admission giving details of year wise fee, boarding and lodging expense and letter confirming scholarship if you have been accorded any. Attested copies of age proof, residence proof and birth date. Self attested passport size photograph of applicant, co applicants and guarantor. Copy of degree certificates and mark-sheet of previous qualified course Income proof/latest tax return of co applicants, parents, guarantor (if any). Details of collateral security along with government approved valuation certificate (if any). Bank account statement of applicant, copy of passport and visa in case of abroad. |