Andhra Bank Personal Loan in Guwahati

About Andhra Bank Personal Loan Guwahati

Personal loans are the best way to get out of any financial crisis as the loan amount is higher and there is no collateral required at the time of application. In Guwahati, Andhra Bank is one of the best banks to get a personal loan. The higher loan amount facility at low-interest rates gives Guwahati people an opportunity to keep their life on track.

Andhra Bank Personal Loan in Guwahati 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 Guwahati

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

Branch NameComplete AddressIFSCMICRCustomer Care
GuwahatiIn front of Police Reserve, A.T.Road, Guwahati - 781001ANDB00005957810110020361-2540842/2547909
Dispur1st Floor, Harihar Enclave Christian Bastigs Road Guwahati 781005ANDB00016357810110030361-2343849
BeltolaMegha Plaza, Ground Floor, Bashistha Chariali, Guwahati - 781029ANDB00018997810110050361-2309982

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