Andhra Bank Personal Loan in Chandigarh

About Andhra Bank Personal Loan Chandigarh

Chandigarh is a city full of joy and happiness which is emerging as a regional hub in the areas of the service industry, education, health, information technology, etc. Having such facilities with convenience have helped people get things without any hassle. If you are in need of a personal loan so as to go for higher education or start a business of your own, Andhra Bank has an offer that would love. The bank offers an attractive rate of interest so have a look at the eligibility criteria, interest rate, branch details and other related information to apply at Andhra Bank for a personal loan.

Apply for Personal Loan

Andhra Bank Personal Loan in Chandigarh 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

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 Chandigarh

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

Branch NameAddressIFSC CodeMICRContact details
ChandigarhS.C.O, 202 - 3 - 204, Sector - 17C, P.B. 114, Chandigarh - 160017ANDB00000951600110010172-2702
Sector - 44SCO - 357, Sector - 44D, ChandigarhANDB00010091600110030172-2604428
Special Housing FinanaceSCO 26 - 27, Sec - 34, ChandigarhANDB00011511600110050172-2611286
Haldwani394/A, Narayana Building, Bhotia Parow, Thandi Sadak, Haldwani - 263141.ANDB000168826301100205946-281218
Zonal Office, ChandigarhSCO - 200, 201, Sector - 174, ChandigarhANDB0001605
Mani Majra371, G Floor, Motor Market, Mani Majra, ChandigarhANDB0002053160011012
Chandigarh Industrial Area Phase OneAndhra Bank, 57, Phase 1, Industrial Area, Chandigarh, 160002ANDB00028247814113169
DhanasKharsa No 71/1/1, 31/33, Main Road, Village Dhanas, Chandigarh, 160014ANDB00028769871210701
Sec Twenty Two ChandigarhSCO 2473, Sector 22 C, Chandigarh, 160022ANDB00028789467811620
Sec Forty Seven ChandigarhSCO 59, Sector 47C, Chandigarh, 160047ANDB00028798872817713

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