Apply for Andhra Bank Car Loan in Kolkata-Wishfin

Andhra Bank Car Loan in Kolkata

About Andhra Bank Car Loan Kolkata

When it comes to car loans in Kolkata, Andhra Bank has the best deal to provide. The bank offers vehicle loans at affordable rates with the facility of flexible repayment and a higher loan amount. So, read this article to get the detailed information about the product, branch details, eligibility criteria and documentation required.

Andhra Bank Car Loan in Kolkata at a Glance

Interest Rate7.80% - 7.90%
Loan amountDepending on the income flow and repayment capacity of an individual
Tenure60 months (used cars)-84 months (new cars)
Processing FeeAs applicable by the bank
Pre- payment charges1% on the balance outstanding at the time of prepayment

Eligibility Criteria

Have a look at the eligibility criteria to apply for a car loan at Andhra Bank in Kolkata. Having said that, the eligibility criterion is subject to change from one applicant to another and here at Andhra Bank, the eligibility for an applicant is as given below:

  • Any individual having a minimum gross income of ₹1 lakh per annum.
  • Corporate customers of the Bank.
  • Eligible amount is worked out based on the repayment capacity and maximum permissible EMI should not be more than 60% of net salary in case of salaried people and 70% in case of Non-salaried class.
  • Used Cars (not more than three years old): 60% of garage value or ₹25,00,000/- whichever is lower.
  • The maximum loan amount for a new vehicle is 90% on road price which includes invoice price, Life tax, Registration charges, Insurance, and accessories, if any, worth ₹5,000 /- or 3 years gross salary whichever is lower.

Documents Required

Here is the list of documents that you must carry if you want to apply for a car loan at Andhra Bank.

  • Documents for KYC Compliance
  • Valid Driving License
  • Passport size photos
  • Loan application form
  • Salary Slip
  • Proforma Invoice
  • IT Returns
  • Assessment Order
  • Valuation certificate from a reputed garage for a second sale (for women)

For more information, read Car Loan Kolkata

Address of Andhra Bank Branches in Kolkata

Branch NameComplete AddressIFSCMICRCustomer Care
BallygungeBallygunge, KolkataANDB0000062700011002
Kolkata14/B, Extra Street, Pb - 2786, Kolkata - 700001ANDB0000070700011005
Karaya Road4/2, Karaya Road, Kolkata - 700017ANDB0000287700011010033-22891951
Munshi Bazar10/2 Beleghata Road, Kolkata - 700015ANDB0000288700011009033-22510896
New Alipore497 C, Block - M , New Alipore, Kolkata - 700053ANDB0000398700011007
Burra Bazar23/1, Maharshi Devendra Road, Alu Posta, Kolkata - 700007ANDB0000731700011003033-22749402
Chowringhee, Kolkata58 - Chowringhee Road , Kolkata - 700071ANDB0000770700011004
Kidderpore117A, Karl Marx Sarani, Kidderpore, Kolkata - 700023ANDB0000815700011006033-245910
Salt LakeIii/Lb - 2, Sector Iii, Salt Lake City, Kolkata - 700098ANDB0001023700011011033-23351673
Jodhpur Park1/392, Gariahat Road (South), Kolkata - 700068ANDB0001186700011012033-24725550
Ballygunge Park48/1A, Gariahat Road, Kolkata - 700019ANDB0001215700011013
Rahmania High SchoolJahagir Mohalla K.T. Road, Asansol - 713302ANDB00012257130115010341-2271356
KaikhaliKaikhali, KolkataANDB0001291700011015
Garia43 Raja S.C.Mullick Road Ganguli Bagan, Kolkata - 700084ANDB0001464700011016033-24258399
Muralidhar Girls College, Ballugunge, KolkataP - 411/14 Gariahat Rd, Ballygunge KolkataANDB0001519700011018033-24656341
vivekananda college for women EC131, D.H.Road, Barisha, KolkataANDB0001520700011014033-24458944
Kasba325, Rajdanga, Main Road, Near Arambagh, Hatcheries, Kolkata - 107ANDB0001673700011017033-24417577
Regional Collection Centre9, Rabindra Sarani, 2Nd Floor , Kolkata - 73 - 700 031ANDB000097970001100122154533
Baranagar101/A, B - T Road, North 24 Paraganas, Kolkata - 700 090ANDB0001761700011021
BidhannagarCd - 28, Sector I, Salt Lake, Kolkata - 700064ANDB0001807700011022033-23597962
Behala250, Diamond Harbour Road, Kolkata - 700063ANDB0001808700011023033-24073813
Zonal Office4/2, Karaya Road, Kolkata - 700017ANDB0000673
South Dum Dum251 Jessore Road Kajipara Nagerbazar Kolkata 700028ANDB0002216700011028033 25500022
RCC Kolkata9 Rabindra Sarani, Kolkata 700 073ANDB0000949
New GariaAndhra Bank, New Garia Branch, Medical Centre Market Bldg, New Garia Dev Co-Op Hsg Society Ltd, Sreenagar Main Roas, New Garia, KolkataANDB00023207000110299830888740
Nimta Bazar42 43, M B Road, Nihar Bhavan, Kolkata, 700049ANDB000250570001103225410031
Mukundapur544 B 3, Nayabad Main Road, P.O Mukundapur, Kolkata 700099ANDB00026507000110339433611936
ShibramporeNo 5, Kalipur, Sakuntala Park, Shibrampore, Biren Roy Road West, Kolkata, 700061ANDB00028857000110409432334284

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%