Andhra Bank

Andhra Bank was established in 1923 by Dr. Bhogaraju Pattabhi Sitaramaiya. The bank started its journey with Rs. 1,00,000 as paid up capital. In 2007, Andhra Bank has done a business of around Rs. 71,928 crores. At present, the bank is providing its services through its 1,328 branches. Apart from the branches, there are 2,013 business delivery channels and several extension counters of the bank. On the other hand, the bank is one of those institutions that introduced credit card facilities in India. At present, the credit card business of the bank has crossed Rs.1184 crores and there are some 567 ATMs of the bank for providing the services. Andhra Bank also provides online banking facilities to the customers. Product and Services of Andhra Bank Deposit Schemes of Andhra Bank

There are several deposit schemes that have been designed by the bank. There are the savings accounts, term deposits, current accounts and several other schemes provided to the customers. The savings accounts offered by Andhra Bank are as follows:

AB Kiddy Bank
AB Jeevan Abhaya Scheme
AB Abhaya Plus
AB Abhaya Gold SB A/C
AB Abhaya SB A/C
AB Easy Savings
The term deposit products of the bank are as follows:

AB Money Time
AB Recurring Deposits
AB Fixed Deposits
AB Kalpataruvu Deposits
Retail loan products of Andhra Bank:

AB Doctor Plus
AB Mortgage Loans
AB Nightingale
AB Clean Loans
AB Vanita Vahan
AB Vehicle Loan
AB Personal Loan
AB Housing Loans
AB Dr. Pattabhi Vidya Jyoti
Loans and financial products for the Agricultural Industry:

AB Kisan Bandhu (finance for tractors)
AB Kisan Sampathi
AB Kisan Vikas Card
AB Kisan Chakra
AB Pattabhi Agricard
AB Andhra Bank Kisan Green Card
AB Surya Sakthi
Finance for Land purchase
Finance for Dairy Business
Apart from the financial products, Andhra Bank also provides a number of technology products for the clients. Some of these technology products are as follows: Online Tax Accounting System AB INFI-net Real Time Gross Settlement Instant Funds Transfer National Electronic Funds Transfer Electronic Clearing Service Contact Details:Andhra Bank
Head Office
Cyber Gateway 3rd floor D block
Hyderabad-500 081


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Last Updated on : 27th June 2013

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