Andhra Bank Kochi

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About Andhra Bank

Loans, insurances, investments, credit cards or online banking, no matter what your financial needs are, Andhra Bank never disappoints you. Yes, you read that absolutely right. With its diverse range of services in the fields of Retail, NRI, MSME,Agriculture, Credit Cards and Corporate, the bnak ensures that the needs of all can easily be fulfilled. Being founded in the year 1923 with a core objective to offer the best banking and financial services to all, this bank is here to stay. By holding a strong position in the industry, there is no doubt on the fact that this lender has become the favourite of many.  
 
By holding the operations in 25 states including 3 Union Terrorites, the bank is within your reach. Yes, if you are in Kochi, the bank has many branches within the city, thus you can easily visit the nearest branch to avail any service. If we talk more about the branches, the bank has a wide network of over 2803 branches located at different locations. The unmatched products and services offered by Andhra Bank come to you easily, thus cater all your financial needs in least time frame. 

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

Branch Name Complete Address IFSCMICRCustomer Care
ErnakulamP.B.No.14, Ajayvihar, Ernakulam - 682001ANDB00001256820110010484-237592
VyttilaMatha Building, Nh 47, Bye - Pass Road Thykoodam, Vyttila, Kochi -682019ANDB00013506820110030484-2305666
KadavantharaSavitri Building, S C Bose Road, Jawahar Nagar, Kadavanthara, KochiANDB00022716820110842207877
ZO KochiSavithri Building, Sc Bose Road, Jawahar Nagar, Kadavanthara, 682020ANDB00022732207377
NjarakalLakshmi Arcade, Lakshmi Vihar Kaipillil, Nayaram Balam, Po Kochi, 682509ANDB00024516820110062207777
KakkanadD No 10 766, Chakkolath, Vsnl Road, Kakkanad, Kochi, 682030ANDB00026622207777

Products Offered by Andhra Bank in Kochi

Andhra Bank in Kochi offers you many versatile financial products such as housing loan, education loan, vehicle loan, personal loan and gold loan to choose from, but before you avail the same, it is important to know the each of the product thoroughly. So, take a look below and know more about the product range offered by Andhra Bank. 


Basic Details of Andhra Bank Loans 

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 

The documents required for availing any financial service from Andhra Bank Kochi are as follows :

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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