Andhra Bank Personal Loan in Hyderabad

About Andhra Bank Personal Loan Hyderabad

Personal loans are one of the most demanding loans in India including Hyderabad. Having said that, getting an affordable rate along with the higher loan amount is everyone’s desire. Talking about the Hyderabad city, Andhra Bank has been offering personal loans at low-interest rates to salaried as well as self-employed individuals. Read more to know the branch details to contact the bank and interest rate that you can get.

Andhra Bank Personal Loan in Hyderabad 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

For more information, read Personal Loan Hyderabad

Address of Andhra Bank Branches in Hyderabad

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

Branch NameComplete AddressIFSCMICRCustomer Care
Padmarao Nagar6 - 1 - 131, R Venkataramana Res. Complex, Padmarao Nagar, Secunderabad - 500025ANDB0000031500011034040-27506049
Bakaram1 - 4 - 972/2, Bakaram, Hyderabad - 500048ANDB0000032500011007040-2761252
BalanagarS V Voop Industrial Estate, Balanagar, Hyderabad - 500003 7ANDB0000057500011008040-23079643
ChikkadapallyMain Road, Chikkadapally, Hyderabad - 500020ANDB0000076500011011040-27634590
CharminarOpp Charminar, Hyderabad - 500002ANDB0000090500011010040-24525331
Dilshukhnagar8 - 32, Opp BusstopANDB0000122500011012040-23468537
Bagh AmberpetBagh Amberpet, Hyderabad - 500013ANDB0000132500011006040-23468673
Gagan Mahal RoadGagan Mahal Road, Domalguda, Hyderabad 500029ANDB0000139500011013
Kothapet (Hyd)8 - 72 - 3&4, KothapetANDB0000192500011023040-23462535
Himayatnagar3 - 6 - 267, App.Telugu Academy, Himayatnagar, Hyderabad - 500029ANDB0000201500011015040-23222674
Sultan BazaarSultan Bazaar, Koti, HyderabadANDB0000205500011049
HyderbasthiDistillary Road, Hyderbasthi, Hyderabad - 500003ANDB0000207500011016040-27544134
Hyderguda1St Floor, Uti Buildings, Basheer Bagh, Hyderabad 500029ANDB0000208500011017
HMT Industrial EstateJeedimetla Road, Hmt Industrial Estate, Hyderabad - 500054ANDB0000212500011014040-23085067
JubileehillsPlot No> B 226, Jubileehills Check Post, HyderabadANDB0000218500011018040-2354393
AmeerpetDivya Shakthi Apartments, Ameerpet, Hyderabad - 500016ANDB0000222500011004040-23731202
KhairatabadNear Sham Theatre, Lakdi Ka Pool, Hyderabad - 500004ANDB00003105000110224023234709
KachigudaStation Road, Kachiguda, Hyderabad -ANDB0000321500011019040-24657213
KaprasainikpuriPlot No.50, Anupuram, Ecil, Kapra, Secunderabad - 500062ANDB0000327500011020040-27122387
Malakpet16 - 1027/105/13 To 16, Main Raod, Malakpet, Hyderabad - 500036ANDB0000352500011025040-24548744
Maredpally10 - 3 - 60, Block No.3, Entranchment Road, East Maredpally, Hyderabad - 500026ANDB0000356500011026040-27732297

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