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Andhra Bank Jammu

Andhra Bank Jammu

Last Updated : Jan. 28, 2017, 1:36 p.m.

About Andhra Bank

Are you in Jammu and looking to avail the best financial services? If yes, you have a reason to smile as Andhra Bank is here for your help. Yes, that's right! This public sector bank by offering you a wide range of financial services in the areas of retail, corporate, NRI, MSME, agriculture, credit cards and many more ensures that the varied needs of the people living in Jammu can easily be fulfilled. Well, be it loans, investments, insurances or credit cards, each financial desire can accomplished by the bank wihtout any hassle.

With a presence of over 2803 branches located across India along with operations in 25 states, the bank is leaving no stone unturned to reach out to every single customer, thus giving wings to their dreams. Moreover, lined with its motto i.e.-where India banks, Andhra offers exclusive services to cover every sphere of your life. Be it a personal loan, funding for your dream home or owning a beautiful and rewarding credit card, Andhra Bank removes all the financial hurdles coming your way and ensures that your journey will be truely enjoyable and unforgettable.

Andhra Bank Jammu Branches

Branch NameComplete AddressIFSCMICRCustomer Care
Jammu3 - 4, K.C. Plaza, Commercial Complex, Residency Road, Jammu - 180001ANDB00012201800110020191-2566767
Bari BrahmanaH.No.130, Ward No.6, National High Way, Bari Brahmana, Jammu DtANDB00020548492879995
KathuaMoon Light Complex, Main Bazar, Kathua Dist, Jammu Kashmir, 184101ANDB00025682681055
Gurunanak NagarGurunanak Nagar, H No 43 2 4, Near Khaisa Chowk, Jammu Kashmir, 180004ANDB00026731800110049086032375

Products Offered by Andhra Bank in Jammu

Andhra Bank offers a diverse range of products such as personal loan , housing loan, education loan, vehicle loan, etc to all its customers so as to make their financial journey enjoyable. With a long list of products mentioned below, you can choose the one that suits your needs.

Basic Details of Andhra Bank Loans

Take a look below and know the basic details of Andhra Bank loans available in Jammu. Know about the processing fee, tenure, eligiblity criteria and loan amount offered by the bank in the city.

EligibilityInterest Rate (in p.a.)

Loan AmountTenureProcessing 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 YearsAs applicable by the bank
Gold LoanAny property identified person/existing customers9.5%-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 individual60 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 LoanSalaried , 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

Know about the documentation required to avail each of these products available in Jammu city.

Housing LoanIdentity 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 LoanLatest 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 LoanFor 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 LoanDuly 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 LoanSalary 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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