Andhra Bank Guwahati

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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 IFSCMICRCustomer Care
GuwahatiInfront Of Police Reserve, A.T.Road, Guwahati - 781001ANDB00005957810110020361-2540842/2547909
Dispur1St Floor, Hari Har Enclave Christian Bastigs Road Guwahati 781005ANDB00016357810110030361-2343849
BeltolaMegha Plaza, Ground Floor, Bashistha Chariali, Guwahati - 781029
ANDB0001899
7810110050361-2309982

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
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

8.45% - 8.60%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 capacity11.25% - 12.75%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.

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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