Andhra Bank Personal Loan in Bengaluru

About Andhra Bank Personal Loan Bengaluru

In Bengaluru, when it comes to personal loans, Andhra Bank is one of the most demanding banks. Since the interest rates are low and the loan amount is higher, people of Bengaluru find is beneficial to take a personal loan from Andhra Bank. So, what are you waiting for? Have a look at the branch details, interest rates, and other related information to get a personal loan in Bengaluru.

Andhra Bank Personal Loan in Bengaluru at a Glance

ParticularsDetails
Interest Rate11.55% - 13.20%
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

Apply for Personal Loan

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

Address of Andhra Bank Branches in Bengaluru

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

Branch NameAddressIFSC CodeMICRContact details
GandhinagarSujatha Complex, 1St Main Raod, Gandhinagar, Bangalore - 560009 , KarnatakaANDB0000024560011003080-22266365/2235035
CooktownNo.9 Dcosta Layout, Cooktown, Bangalore - 84ANDB0000091560011006080-25494500
Chamrajpet29/1, 5Th Main, Chamrajpet, Bangalore - 18ANDB0000093560011005080-26673808
Cantonment Branch21. Ulsoor Road, Bangalore - 560042ANDB0000099560011004
Jayanagar227/A, 6Th Cross, Jayanagar, Bangalore - 560011ANDB0000273560011008080-26563711
Indiranagar720, Cmh Road, Indiranagar, Bangalore - 560038ANDB000028956001100708025282052, 25
N.R. RoadN.R.Road, BangaloreANDB0000392560011002080 - 2223
Rajajinagar588, 2Nd Block, Dr.Rajkumar Road, Rajajinagar, Bangalore - 10ANDB0000494560011009080-23328785
Vellore39, 40 Bangalore Raod, Vellore - 632004ANDB00006166320110020416-22213
HSR Layout2609, 27Th Main, First Sector, Hsr Layout, Bangalore - 560034ANDB0001140560011010080-25632107
VidyapethKatriguppe Main Raod, Bsk 1St Stage, Vidyapeth Circle, Bangalore - 560050ANDB0001196560011012080-26492152
KoramangalaKoramangala, BangaloreANDB0001207560011014080-25631260
J P NagarSrvk South End Main Raod, Jp Nagar, Bangalore -ANDB0001208560011013080-26492726
Yashwantpur14/43, Tumkur Road, Industrial Suburbs, Yashwantpur, Bangalore - 22ANDB0001241560011019
Bannerghatta Road183/3, Belikhahalli Gate, Bannerghatta Road, Bangalore - 560076ANDB0001196560011012080-26492152

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