Allahabad Bank Hyderabad

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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 NameAddressIFSC CodeMICRCustomer Care
Industrial Finance Br, Hyderabad Ifb Branch, 6 - 3 - 850/3, Srinivas Plaza, Near Seesh Mahal, Ameerpet, Hyderabad - 500016, Andhra PradeshALLA0211956500010009040-23412156
Hyderabad5 - 1 - 680, T.K. House Post Box - 166, Bank Street, Hyderabad Hyderabad Hyderabad, Pin: 500195ALLA0210213500010002040-24745621
SecunderabadSarojini Devi Road, Minerva Complex, Secunderabad, Dist - Hyderabad, Andhra PradeshALLA0210299500010006040-27842949
Hyderabad Maruti Nagar8/3/222/1/1 Shalimar Apartment, Yusufguda Road, Maruthinagar, Hyderabad, Andhra PradeshALLA0210732500010005040-23732249
Himayatnagar Branch , Hyderabad3 - 6 - 435 Himayatnagar, Main Road , Hyderabad - 5000029ALLA0211050500010004040-27638798
Hyderabad Chikhadapalli1 - 1 - 230/13/1, Vi Viveknagar, Chikkadapally, Hyderabad Andhra Pradesh 500020ALLA0211214500010003040-27656916
Hyderabad Balanagar3/2 - 6, Main Road, Balanagar, Hyderabad Hyderabad Rangaredyy District, Pin: 500042ALLA0211472500010007040-23774020,
Hyderabad Santosh Nagar17 - 1 - 211/3/B/3, Main Road M Saidabad Post, Hyderabad - 500659ALLA0211473500010008040-24532509
ChittoorSundar Iyer Street, Chittoor, HyderabadALLA021230451701010208572-230091
BoduppalBoduppal, Plot No 976, Buddha Nagar, Warangal Highway, Peerzadiguda (Vill), Hyderabad Hyderabad Ghatkesar Mandal, Ranga Reddy District, Pin: 0ALLA0212228500010013040- 27201061
Hyder - Shah - KotHyder - Shah - Kot, Main Road, Hyder - Shahkot, Golconda(Post), Hyderabad Hyderabad Rajendra Nagar Mandal, Ranga Reddy District, Pin: 500008ALLA0212229500010010040-24190321
KukatpallyKukatpally, Hig - Plot No 160 & 161, 6Th Phase Main Road, Kphb Colony, Hyderabad Hyderabad Ranga Reddy District, Pin: 500072ALLA0212226500010011040-23150037
MalkajgiriMALKAJGIRI, 2 - 482/53/A, SRI SEETHARAMA NILAYAM, GAYATHRINAGAR, NEAR RADHIKA TALKIES, MALKAJGIRI, HYDERABAD HYDERABAD HYDERABAD, Pin: 0ALLA0212262500010014040-27126200
Service Branch HyderabadService Branch Hyderabad, 3 - 6 - 111/8 Main Road Himayat Nagar, Hyderabad Hyderabad Hyderabad, Pin: 500029ALLA0211860040-27677529,
VanasthalipuramHouse No 5 - 6 , 192, Gr Floor, Vaidehi Nagar , Vanasthalipuram, HyderabadALLA0212227500010012040-24241519
Wesley Boys Junior SchoolWESLEY BOY, P.G ROAD, SECUNDERABAD - 500003ALLA02124419052002759, 040-27846478
Wesley Girls High SchoolOld Lancer Road , Wesley Girls Degree College Secunderabad, Andhra PradeshALLA0212442040-27888711
GachibowliGachibowli Main Road, Hyderabad, Andhra Pradesh 500032ALLA02124745000100179866097725
KothapetAllahabad Bank, Sairam Avenue, 2-4-1049, Plot No.35, New Nagole, Kothapet Road, Hyderabad-500035 ApALLA02127415000100194024045252
Jubilee HillsPlot.No.1272, Road No.63, Jubilee Hills, Hyderabad-500033ALLA02128895000100219000567497
Banjara HillsH.No.8 By 2 By 269 By S By 50, Ground Floor, Sagar Society, Road No.2, Banjara Hills Hyderabad-500034ALLA02128905000100209000567497
TIRUMALGHERYPlot.No.05, Survey No.63, Main Road Tirumalghery, Secunderabad-500015ALLA02128929000567497
TollychowkiDoor No 1-20 By 1 By A Suryanagar Colony, Tollichowki, Hyderabad 500008ALLA02129229000567497
HabsigudaDoor No.4-106 By C, Street No 8, Habsiguda, Near Mathura Bar, Habsiguda, Hyderabad-Pin 5000013ALLA02130639000567497
DD ColonyG-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, HyderabadALLA02130939966752862,9000567497
MiyapurH.No.2-60 By 10, Plot No. 546, Miyapur-Bollaram Road, Miyapur-500049. Hyderabad. Rangareddy Dist.ALLA02130949000567497

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

ProductEligibilityInterest Rate
(in p.a.)
Loan AmountTenureProcessing 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.
8.80% - 9.25%Up to ₹500 Lakh(depends on combined income)30 Years0.40% 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.
8.50% - 13.00%₹25,000-Amount equivalent to annual income or ₹ 5.00 lacs, whichever is less48-60 MonthsNil-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
8.95%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 LoanMinimum 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 Lakh108 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

ProductDocuments
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.

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