Andhra Bank Bengaluru

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About Andhra Bank

Looking immediate funds for your sister's marriage? Want to buy your dream home, but no savings? All that and more can easily be fulfilled with Andhra Bank. Yes, that's right. The bank brings to you the best of financial products such as personal, vehicle, housing, gold & education loan. And with its doorstep services, it ensures that all your financial hurdles can easily be removed. With a wide network of over 2803 branches across India, the bank since its establishment in the year 1923 is known for offering the best to all its customers. You name it and this lender has it, hence ensuring that you have an enjoyable customer experience. This is the reason that Andhra Bank has created its own niche in the banking industry. 

Below is a table showing branch name, IFSC and MICR codes of each branch with complete address. 

Branch Name Complete Address IFSCMICRCustomer Care
GandhinagarSujatha Complex, 1St Main Raod, Gandhinagar, Bangalore - 560009 , KarnatakaANDB0000024560011003080-22266365/2235035
CooktownNo.9 Dcosta Layout, Cooktown, Bangalore - 84ANDB0000091560011006080-25494500
Chamrajpet29/1, 5Th Main, Chamrajpet, Bangalore - 18ANDB0000093560011005080-26673808
Cantonment Branch21. Ulsoor Road, Bangalore - 560042ANDB0000099560011004
Jayanagar227/A, 6Th Cross, Jayanagar, Bangalore - 560011ANDB0000273560011008080-26563711
Indiranagar720, Cmh Road, Indiranagar, Bangalore - 560038ANDB000028956001100708025282052, 25
N.R. RoadN.R.Road, BangaloreANDB0000392560011002080 - 2223
Rajajinagar588, 2Nd Block, Dr.Rajkumar Road, Rajajinagar, Bangalore - 10ANDB0000494560011009080-23328785
Vellore39, 40 Bangalore Raod, Vellore - 632004ANDB00006166320110020416-22213
HSR Layout2609, 27Th Main, First Sector, Hsr Layout, Bangalore - 560034ANDB0001140560011010080-25632107
VidyapethKatriguppe Main Raod, Bsk 1St Stage, Vidyapeth Circle, Bangalore - 560050ANDB0001196560011012080-26492152
KoramangalaKoramangala, BangaloreANDB0001207560011014080-25631260
J P NagarSrvk South End Main Raod, Jp Nagar, Bangalore -ANDB0001208560011013080-26492726
Yashwantpur14/43, Tumkur Road, Industrial Suburbs, Yashwantpur, Bangalore - 22ANDB0001241560011019
Bannerghatta Road183/3, Belikhahalli Gate, Bannerghatta Road, Bangalore - 560076ANDB0001196560011012080-26492152

Products Offered by Andhra Bank in Bengaluru

Ranging from a personal loan, housing loan, vehicle loan to education loan and gold loan, there is no denying the fact that Andhra Bank in Bengaluru with its enormous range of financial products leaves no stone unturned to fulfill your needs. So, let's just take a look below to know more about each of its products.  

Basic Details of Andhra Bank Loans 

Product
EligibilityInterest Rate (in p.a.)

Loan Amount TenureProcessing Fee
Housing LoanMinimum age at the time of application-21 Years
Maximum age permitted at the time of loan maturity-65 Years

8.75% - 8.85%Depends upon your monthly income & repayment capacity30 Years As applicable by the bank
Gold LoanAny property identified person/existing customers 9.5%-9.7% ₹ 2,000/-per gram or Upto 75% of the market value of gold whichever is lessAppraising Charges:1% of the loan amount sanctioned
Vehicle LoanMinimum take home pay of 40% after all monthly deductions (2 Wheeler)
Minimum gross income of ₹1 Lakh per annum (4 Wheeler)

9.20%

Depending on the income flow and repayment capacity of an individual 60 months(used cars)-84 months(new cars)As applicable by the bank
Education LoanStudent should be an Indian.
Have secured admission to a higher course.
Allowed to meritorious students.
10.45%-10.65%(upto 7.5 Lakhs), 10%-10.20%(above 7.5 Lakhs)₹ 20,000-No upper limit2-7 YearsNo Processing Fee (study in India)
Personal Loan Salaried , pensioners or any individual with good repayment capacity

11.50% - 13.00%

Consumer Loan: 10 months gross salary/40% of gross annual income/4 months pension or 75% of the article whichever is lower.
Clean Loans: Not less than 40% of gross salary .
2 times average annual proven income.
8 time sof monthly pension
60 Months

Documents Required 

ProductDocuments
Housing Loan Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Details of property you look to buy & construct

Gold Loan Latest passport size photographs with duly filled application form.
Address Proof:Driving License/Passport/Ration Card/Voter ID/Aadhar Card
ID Proof: Ration Card/PAN Card/Driving License/Aadhar Card/Passport
This loan is offered to the customers who are identified as per KYC AML norms.
Vehicle Loan For Generic:
Documents for KYC Compliance
Valid Driving License
Salary Slip
Proforma Invoice
IT Returns
Assessment Order

For Women:
Valid Driving License
Income Proof:IT Returns/Salary Slip/Assessment Order/Proforma Invoice
Valuation Certificate from Reputed Garage for Second Sale
Education Loan Duly filled application form with passport size photographs
Identity & Address Proof-Latest
Date of Birth Proof, Certificate of Domicile, Study Certificate, Scholarship Proof, Allotment Proof
Fee particulars from College/University, etc
Personal Loan Salary Slip/ IT Returns/Assessment Order, Property Statement
For non-salaried:Latest Income Tax Assessment Order, Property Statement
Any other Valid Document
Latest Quotation for Article Proposed to be Purchased

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