Andhra Bank Personal Loan in Ahmedabad

About Andhra Bank Personal Loan Ahmedabad

Ahmedabad is the largest city in the state of Gujarat and holds a large population of high-earning professionals. The demand for personal loans is also high and Andhra Bank is one of the first choices of people when it comes to any financial need. Andhra Bank has been in the banking industry since last 97 years and hence understands what a person looks for in a personal loan. So, checkout the interest rates and other details of Andhra Bank personal loan scheme.

Andhra Bank Personal Loan in Ahmedabad at a Glance

ParticularsDetails
Interest Rate11.40% - 13.05%
Loan amountUp to 10 month gross salary (for salaried) or 40% of gross annual income (for non-salaried) or 4 months pension in case of pensioners or 75% cost of the article whichever is less
TenureUp to 5 years
Processing FeeAs per bank’s norms

Eligibility Criteria

The eligibility criteria to apply for a personal loan at Andhra Bank is as mentioned below:

  • Any individual having repayment capacity
  • Salaried persons
  • Pensioners drawing pension in the branch
    Others.

Documents Required

The applicants who want to apply for a personal loan at Andhra Bank must carry the below list of documents:

  • Loan application form
  • Passport size photos of applicant/s
  • Property statement of the applicant or co-obligant (s)
  • In the case of an employee drawing salary at the branch- Letter for the recovery of the loan installments by debit to his account
  • Post Dated Cheques for at least 12 months
  • Last 6 months bank statement
  • Letter from the applicant declaring that there is no existing loan with the other branch of the bank or with the other bank
  • Latest original quotation from a local dealer for consumer durables proposed to be purchased with full details and description of the articles, etc.
  • Stamped receipt/Invoice of the item purchased
  • Collateral documents wherever required
  • In the case of loan against NSC/KVP certificate (s)- The original Bond (s) with the copy of the latest receipt towards payment of Premium along with the request letter to LIC for assignment of the policy in favor of Bank
  • Verification report from other agencies
  • CIBIL score details
  • Certification of Inspection of Security
  • Managers certificate for valuation of property
  • Undertaking letter to adjust residual of the loan
  • Legal Audit wherever applicable

Proof of Income–

  • Salary Slip/ IT Returns/ Assessment Order, Property Statement
  • For Non-salaried person – Latest Income Tax Assessment Order, Property statement
  • Any other Valid document with last 3 years income proof
  • Latest quotation for article proposed to be purchased

You can also read Personal Loan Ahmedabad

Andhra Bank Branch Addresses in Ahmedabad

Have a look at the branch address, IFSC code, MICR details and contact details of Andhra Bank in Ahmedabad:

Branch NameComplete AddressIFSCMICRCustomer Care
AhmedabadManilal Mansion, Railway Pura, AhmedabadANDB0000004380011002079-26460638
NavrangpuraAnar Complex, Near Vijay Char Rasta, Drive In Road, AhmedabadANDB0000872380011003079-26448784
UsmanpuraNabard Towers, Near Municipal Towers, Usmanpura - 380013ANDB0001315380011005079-27551688
ManinagarModi Arcade, Shop No 2& 3, Opposite Maninagar Railway Station, Maninagar, Ahmedabad - 380008ANDB0001622380011006079-25467361
Gita Mandir5, Bhavan Society, Rsno 4135, Gitamandir Road, Besides Indian Oil Pump, Ahmedabad, 380022ANDB00024543800110088128730223
New NarodaShop No810, Rs No4482, Basant Bahar, Nava Naroda, Ahmedabad, 382330ANDB00024553800110097567812192
HimmatnagarVasant Bhavan, Nr Amarsinghji Shopping Mall, Tower Road, Himmatnagar, 383001ANDB000227926651216
Rle AhmedabadZonal Office, Onyx 2, Paldi, AhmedabadANDB000237126651218
Vastrapur1St Floor, Shop 1 To 4, Kalyan Towers, Opp Alpha One Mall Near Kalyan Pushti Temple, Vastrapur, Ahmedabad 380006ANDB000262238001101026651210
Thaltej30, S G Mall, Opp Home Town, Thaltej, Ahmedabad, 380054ANDB000262338001101126651210
New CG RoadSurvey No 683 2, Plot No 206, 211 A 11, 12, 13, Sopan Complex, New Cg Road, Ahmedabad, 382424ANDB000266938001101327631326
Kalupur1950, Liladhar Chambers, Khadiya Cross Road, Ahmedabad, 380001ANDB00029223800110158238264472
New ManinagarShop No 7 To 11, Ratna Raj Residency, Baroda, Exp Highway Parallel Road, Near Doon School Of Excellence, Ahmedabad, Gujarat, 380021ANDB00029973800110179427936954

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