Andhra Bank Guwahati
Last Updated : May 9, 2018, 11:48 a.m.
About Andhra Bank
Founded in the year 1923 with a vision to offer the best financial services to all, Andhra Bank is a name to reckon with. A Government of India undertaking, this public sector bank in its every endeavour ensures that all its customers grab the best deal. If we talk about its value-added services and diverse range of products, the bank is into retail, corporate, NRI, MSME and agricultural industries. Be it a personal loan for paying credit card debt, a home loan for buying a dream home, a vehicle loan for purchasing a sports car, well whatever the reason is, Andhra Bank Guwahati keeps an eye on all your financial needs and fulfill them in no time.
By holding more than 2803 branches across India along with operating in 25 states and three Union Terrorities, this lender is here to stay, hence is considered as one of the leading public sector banks in the Indian banking industry. Through these quality services, the main objective of the bank is to satisfy everyone in every aspect.
Below is a table showing branch name, IFSC and MICR codes of each branch with complete address.
| Branch Name | Complete Address | IFSC | MICR | Customer Care |
|---|---|---|---|---|
| Guwahati | Infront Of Police Reserve, A.T.Road, Guwahati - 781001 | ANDB0000595 | 781011002 | 0361-2540842/2547909 |
| Dispur | 1St Floor, Hari Har Enclave Christian Bastigs Road Guwahati 781005 | ANDB0001635 | 781011003 | 0361-2343849 |
| Beltola | Megha Plaza, Ground Floor, Bashistha Chariali, Guwahati - 781029 | ANDB0001899 | 781011005 | 0361-2309982 |
Products Offered by Andhra Bank in Guwahati
When it comes to products offered by Andhra Bank in Guwahati, there are various products for you such as housing loan , gold loan, vehicle loan, education loan and personal loan. Depending upon your needs and repayment capacity, you can avail any product and grab the best deal.
Basic Details of Andhra Bank Loans
Take a look below to know various products offered by the bank. Here, you can know about the eligibility criteria, tenure and processing fee about each product.
| Product | Eligibility | Interest Rate (in p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|---|
| Housing Loan | Minimum age at the time of application-21 Years Maximum age permitted at the time of loan maturity-65 Years | 8.60% - 11.20% | Depends upon your monthly income & repayment capacity | 30 Years | As applicable by the bank |
| Gold Loan | Any property identified person/existing customers | 9.5%-9.7% | ₹ 2,000/-per gram or Upto 75% of the market value of gold whichever is less | Appraising Charges:1% of the loan amount sanctioned | |
| Vehicle Loan | Minimum take home pay of 40% after all monthly deductions (2 Wheeler) Minimum gross income of ₹1 Lakh per annum (4 Wheeler) | 7.80% - 7.90% | 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 Loan | Student 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 limit | 2-7 Years | No Processing Fee (study in India) |
| Personal Loan | Salaried , pensioners or any individual with good repayment capacity | 11.80% - 15.50% | 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
Different products come with different documents, hence to avail any of the product, you need to look at the documentation part below.
| Product | Documents |
|---|---|
| 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 |