Andhra Bank
  • Maximum Amount for India : Rs 100000
  • Maximum Amount Overseas: Rs 500000.
  • Documents to be submitted: Bank documents, Academic records.

Interest Rate in India :

Upto 4,00,000…………………………………12%,
Above Rs 4,00,000……………………………13.5% pa..

Interest Rate for Overseas:

Loans Upto 400000…………………………….12%,
Above Rs 400000……………………………….13.5% pa.
Collateral and Third Party Guarantee are required.

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Tenures:

Maximum of 5 years.

Eligibility:

1st class marks in previous exams and selected for professional course.
Repayment 1 year after completion of course or 3 months after getting a job whichever is earlier.

When to Apply:

After getting Admission in college/institute.

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Time taken to process documents:

1 Week

Contact:

Delhi Tel: 3350248, Bangalore Tel: 2242932, Chennai Tel: 4991868, 4994294, Hyderabad Tel: 4756023-25, Kolkata Tel: 2471359, Mumbai Tel: 2046160, 2047620.

Website:www.andhrabank.in