Andhra Bank Mumbai
Last Updated : Jan. 28, 2017, 6:56 p.m.
About Andhra Bank
Established in 1923 with a moto to change the way people look at Indian banking industry, it would not be wrong to say that Andhra Bank is a bank of all. Yes, that's right! This public sector bank with its enormous range of financial products such as personal loan, education loan, housing loan, gold loan and vehicle loan ensures that all your financial needs can easily be fulfilled. Now, if we talk about its services, this lender is known for offering the services related to retail, corporate, NRI, MSME, credit cards and agricultural. No matter what sort of services you are looking to avail, this lender ensures to satisfy all its customers.
Holding a strong presence in the country i.e. with a total number of 2803 branches spread across the nation along with operations in 25 states, it would not be wrong to say that Andhra Bank never disappoints. Whether its loans, investment, insurance or credit card, the bank deals into all, always aims at giving you the best in every sphere of life.
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 |
|---|---|---|---|---|
| Andheri | Saurabh - 116 Andheri Kurla Road, Andheri(East) - Mumbai - 400059 | ANDB0000028 | 400011002 | |
| Mumbai Fort | 18, Homi Modi Street, Nanavati Mahalaya, Fort, Mumbai - 400023 | ANDB0000051 | 400011005 | 22026088 |
| Chembur | 70 J, Central Avenue Raod, Chembur(East), Mumbai - 400071 | ANDB0000092 | 400011004 | 022-25280383, |
| Ghatkopar (West) | 8A, Akashdeep Building, Damodar Park, Lbs Marg, Ghatkopar(West), Mumbai - 400086 | ANDB0000238 | 400011011 | 022-25003951 |
| Matunga | Bhaudaji Road, Matunga (East) , Mumbai 400019 | ANDB0000364 | 400011007 | 022-24024232 |
| Opera House | 9 / 15 Mama Paramanand Marg, Opera House, 400004 | ANDB0000402 | 400011009 | 2369778 |
| Ghatkopar East | 36, Kumudini, 1Th Road, Rajawadi, Ghatkopar East, Mumbai - 400077 | ANDB0000588 | 400011015 | 022-25132434, 251 |
| Juhu Ville - Parle | 46, Supreme Shopping Centre, Jvpd Scheme, Ville - Parle, Mumbai - 400053 | ANDB0000593 | 400011014 | 022-26238686 |
| Vashi | Plot No. 74, Persipolis, Sector 17, Vashi, New Bombay | ANDB0000627 | 400011013 | 278987 |
| Borivilli | Karmayog, 1St Floor, Mahadev Desai Raod, Borivilli(E), Mumbai - 400066 | ANDB0000747 | 400011003 | 022 28059702 |
| Mulund | Yogeshwar Dham, M.G.Road, Mulund (West), Mumbai - 400080 | ANDB0000845 | 400011008 | 022-25616909/2590 |
| Mahim | Saras Apartment, Flat 771, Tps Iii, Mori Road, Mahim, Mumbai - 400016 | ANDB0000856 | 400011006 | 022-24461257 |
| Nariman Point, Mumbai | 33 Atlanta Bldg. Nariman Point, Mumbai - 400021 | ANDB0001128 | 400011016 | 022-22885846/4 |
| Prabhadevi | Shop No.16, Appasahaeb Marathe Marg, Prabhadevi, Mumbai - 400025 | ANDB0001138 | 400011018 | 022 - 24381165 |
| Bandra | Shiva Apartments, 22 - Turner Raod, Bandra West, Mumbai - 400050 | ANDB0001139 | 400011017 | 0022-2644 |
| Kandivali (East) | NO, 1, 2, 3 NEPTUE, EVERSHINE MILLENNIUM PARADISE, KANDIVILI (EST), MUMBAI - 400101 | ANDB0001210 | 400011019 | 022-28843382 |
| RTGS Branch | Bansilal Building, Fort, Mumbai | ANDB0001250 | 400011502 | |
| Santa Cruz | Shop No.6, Lovely Home, Kalina Kurla Road, Santacruz, Mumbai - 400029 | ANDB0001283 | 400011021 | 022-26653677 |
| Nerul | 1St Floor, Shelter Arcade, Plot No.26, Sector - 42 Nerul, Navi Mumbai - 400706 | ANDB0001391 | 400011024 | 022-27719157 |
Products Offered by Andhra Bank in Mumbai
Now all the Mumbaikars have a valid reason to be happy as their favourite Andhra Bank with its wide range of products such as personal loan , housing loan, vehicle loan, education loan and gold loan, ensures to meet all their financial needs in best possible manner. To know about each product, go through the page below.
Basic Details of Andhra Bank Loans
| 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
| 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 |