Andhra Bank Hyderabad - Rates February 2024, IFSC Code, Main Branch

Andhra Bank Hyderabad

About Andhra Bank

With quick and easy processes, friendly team, highly talented and experiened financial experts/professionals, there is no denying on the fact that Andhra Bank is one such name that can make you go gaga over its services. Yes, you read that absolutely right! The bank was established in the year 1923 with just one core objective and i.e. to offer quality products as well as services. With its diverse range of financial products such as personal loan, housing loan, credit cards, insurances, investments, gold loan, eductaion loan and much more, the lender ensures to meet varied need of yours.    

With 2803 branches spread across India, the bank deals into retail, corporate, NRI, MSME and agricultural industries thus ensures to give the best customer experiene. Headquartered in Hyderabad along with holding opertaions in 25 states, Andhra Bank leaves no stone unturned in catering your needs in best possible way. So, whenever you are in urgent need of funds, look no further as this lender is always there to offer the best products and services. 

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

Branch Name Complete Address IFSCMICRCustomer Care
Padmarao Nagar6 - 1 - 131, R Venkataramana Res. Complex, Padmarao Nagar, Secunderabad - 500025ANDB0000031500011034040-27506049
Bakaram1 - 4 - 972/2, Bakaram, Hyderabad - 500048ANDB0000032500011007040-2761252
BalanagarS V Voop Industrial Estate, Balanagar, Hyderabad - 500003 7ANDB0000057500011008040-23079643
ChikkadapallyMain Road, Chikkadapally, Hyderabad - 500020ANDB0000076500011011040-27634590
CharminarOpp Charminar, Hyderabad - 500002ANDB0000090500011010040-24525331
Dilshukhnagar8 - 32, Opp BusstopANDB0000122500011012040-23468537
Bagh AmberpetBagh Amberpet, Hyderabad - 500013ANDB0000132500011006040-23468673
Gagan Mahal RoadGagan Mahal Road, Domalguda, Hyderabad 500029ANDB0000139500011013
Kothapet (Hyd)8 - 72 - 3&4, KothapetANDB0000192500011023040-23462535
Himayatnagar3 - 6 - 267, App.Telugu Academy, Himayatnagar, Hyderabad - 500029ANDB0000201500011015040-23222674
Sultan BazaarSultan Bazaar, Koti, HyderabadANDB0000205500011049
HyderbasthiDistillary Road, Hyderbasthi, Hyderabad - 500003ANDB0000207500011016040-27544134
Hyderguda1St Floor, Uti Buildings, Basheer Bagh, Hyderabad 500029ANDB0000208500011017
HMT Industrial EstateJeedimetla Road, Hmt Industrial Estate, Hyderabad - 500054ANDB0000212500011014040-23085067
JubileehillsPlot No> B 226, Jubileehills Check Post, HyderabadANDB0000218500011018040-2354393
AmeerpetDivya Shakthi Apartments, Ameerpet, Hyderabad - 500016ANDB0000222500011004040-23731202
KhairatabadNear Sham Theatre, Lakdi Ka Pool, Hyderabad - 500004ANDB00003105000110224023234709
KachigudaStation Road, Kachiguda, Hyderabad -ANDB0000321500011019040-24657213
KaprasainikpuriPlot No.50, Anupuram, Ecil, Kapra, Secunderabad - 500062ANDB0000327500011020040-27122387
Malakpet16 - 1027/105/13 To 16, Main Raod, Malakpet, Hyderabad - 500036ANDB0000352500011025040-24548744
Maredpally10 - 3 - 60, Block No.3, Entranchment Road, East Maredpally, Hyderabad - 500026ANDB0000356500011026040-27732297

Products Offered by Andhra Bank in Hyderabad

There are a variety of products offered by Andhra Bank so as to satisfy your financial needs. Be it a personal loan, education loan, housing loan or vehicle loan, this lender offers all. So, take a look below to know more about the same.  

Basic Details of Andhra Bank Loans 

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

8.60% - 11.20%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)
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 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 capacity11.80% - 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 

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


Personal Loan Interest Rates February 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 February 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%