Allahabad Bank Patna

Banks146 views

About Allahabad Bank

Allahabad Bank in Patna with its widest and exclusive range of financial products and services ensures that the people of this city always get the best. Keeping this thing in mind, the Allahabad Bank, being founded in the year 1865 with a strong vision and mission makes sure that all its esteemed customers get what they are looking for. Be it availing a personal loan, home loan, car loan, property or education loan, this lender with its rich experience, unique product range and in depth knowledge ensures to give an enriching customer experience to all.

With headquarters in Kolkata and taking ahead the legacy of more than 151 years with pride, there is no denying the fact that this lender is best known for delivering nothing but the best always. Not only this, with more than 3,071 branches, can easily be found at every nook and corner of the city, the only endeavor of this leading bank is to reach out one and all. Well, if you are looking for something more to explore, this page is worth reading for you.

Allahabad Bank Patna Branches

Branch NameAddressIFSC CodeMICRCustomer Care
Patna UniversityPatna University.Ganesh Road, Dist - PatnaALLA02100028000100030612-2682880, 2671644
Patna MainBudh Marg, Dist - Patna, Pin - 800001ALLA02100038000100020612- 223537, 2220159
HilsaShaha Market Hilsa Dist. Nalanda Bihar - 801302ALLA021000480301000306111-252223
BuxarNaya Chowk Buxar Dist. Buxar, Pin - 802101 Dist - Buxar Bihar 802101ALLA021000880201000206183-222005
JamalpurMunger Road Jamalpur Dist. Munger - Bihar 811214ALLA021000981101000206344-243120
BhagalpurChandralok Market, Ghantaghar Distt. Bhagalpur Bihar 812001ALLA02100108120100020641-2420223,
UniversityUniversity Campus P.O. T.N.B. College Bhagalpur - 812007 Bhagalpur - 812007 Bhagalpur Bihar 812007ALLA02100118120100030641-2620746
PhulwarisharifPhulwarisharif Dist. Patna - 800505 Bihar Patna Bihar 500505ALLA02102228000100100612-2555436
ArrahMahavir Tola , Satya Narainbhawan, Arrah, Dist.Bhojpur, Pin - 802301 BiharALLA021037906182-222133
KathiharMahatma Gandhi Road Katihar - 854105 BiharALLA021045185401001106452-242356
Gaya57, K. P. Road Chowk Gaya , Dist. - Gaya, Bihar 823001ALLA02104678230100010631-2421182
Patna P.P ColonySurya Complex, Boring Patliputra Road Patna 800013ALLA02104688000100060612-2262593
Patna RajendraArya Kumar Road Rajendranagar Patna - 800016 Bihar.ALLA02105888000100050612-2671737
SasaramJayswal Katra, G. T. Road, Bihar - 821115ALLA021060382101000206184-222099, 220417
Patna MuradpurCampus Muradpur, Patna, Bihar, 800004ALLA02107058000100040612-2300061
Bihar SharifGarhpar, Bihar Shariff, - Bihar - 803101ALLA021080980301000206112-222396
Bhagalpur T N BAt & Po Tnb College Campus Bhagalpur Bihar 812007ALLA02110660641-2500095
Patna SheikhpuraMangal Market, P.O. B.V. College, Sheikhpura, Dist Patna - 800014ALLA02111348000100080612-2297409
KajpuraKhajpura Patna - 800014 , Patna - 800014 , Patna Bihar 800014ALLA02114648000100090612-2593047
Patna ExhibitionExhibition Road Patna Bihar 800001ALLA02117018000100110612- 2218670
Patna Ashoknagar192, Peoples Co - Operative Colony Kankarbagh Dist - Patna Bihar 800020ALLA02117248000100120612-2352907,
Ntpc Township KStpp Kahalgaon Dist Bhagalpur, BiharALLA021193281201000506429-224571
Patna Boring Rd (Magadh Stock Exc.)Raj Towers(1St Floor), Boring Road Crossing Dist - Patna Bihar 800001ALLA02119548000100130612-2228748
BIEC PatnaPatna, BiharALALLA0212284LA02122828000100140612-2225738

Products Offered by Allahabad Bank in Patna

Be it availing a home loan, property loan, car loan, personal loan or education, Allahabad Bank in Patna offers all so that all your financial needs can easily be fulfilled. Moreover, the best thing about these products is the fact that they come with the eligibility norms, hence to avail these products, you need to match up to that. And, the eligibility of the same can easily be known by reading this page.

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.
8.40% - 9.00%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.
8.45% - 12.95%₹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.

 

People Also Look For

Personal Loan Interest Rates August 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.25%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank10.99% - 14.49%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates August 2018
State Bank of India/SBI8.45% - 9.00%
HDFC8.70% - 9.40%
Bank of Baroda8.50% - 9.50%
LIC Housing8.45% - 8.90%
PNB Housing Finance8.99% - 10.75%
ICICI Bank8.55% - 8.80%
Axis Bank8.50% - 8.85%
Citibank8.85% - 9.65%
Indiabulls Housing Finance Limited8.70% - 9.85%
Kotak Bank8.65% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 10.00%
EMI Calculator