Andhra Bank India

Andhra Bank India was set up in 1923. The founder Dr. Bhogaraju Pattabhi Sitaramayya was an eminent freedom fighter with a vision to provide world class banking services to every Indian. Andhra Bank today boasts of a whopping 1.5 crores clients with a total business of around Rs.68.4 thousand crores.

The Andhra Bank Logo translates to 'togetherness'. Togetherness to safeguard the money and trust endowed upon the bank by its dear customers. It has a network of over 1400 branches and offices along with 541 ATM's to reach every Indian. Andhra Bank is expanding its global wings to the Western and Middle Eastern countries mainly USA and UAE, as the maximum number of NRI's is either settled in America or Dubai. The bank aims to provide home country services to the NRI's with the specialized banking solutions it provides.

The various banking services Andhra Bank India provides include:

DEPOSITS:

Savings Accounts - special Kiddy Bank and Kids Khazana Accounts to promote saving habit among children, accounts covering insurance, no frills accounts,

Current Accounts- covering insurance along with the deposits

Term Deposits - tax savers, fixed deposits and recurring deposits Insurance Schemes

RETAIL LOANS:

• Housing Loans

• Personal Loan

• Vehicle Loans

• Clean Loan

• Mortgage Loans

CORPORATE BANKING:

Corporate Funds Management Loans And Finance For Large Corporates And Small And Medium Enterprises Insurance Facilities

NRI BANKING:

• Special Savings Account Schemes

• Foreign Exchange Transactions

• Western Union Money Transfer

TECHNOLOGY PRODUCTS:

• AB INFI-net - Internet Banking Facility of Andhra bank

• AB e-R@IL - Railway Tickets Booking through IRCTC

• ABB - Any Branch Banking

• RTGS - Real Time Gross Settlement Facility

• NEFT - National Electronic Fund Transfer

• OLTAS - Online Tax Accounting System

• ATM Services

Andhra Bank was the pioneer of credit cards in India. The first credit cards were introduced in 1981 and since then, there has been no looking back. Andhra Bank believes in innovations and keeping in mind the growing customer needs, it has introduced some of the most exclusive and practical banking products that has established the bank as your own personalized bank.

Andhra Bank has reached a tie-up with Kingfisher Airlines that has produced a scheme called 'Quick Ticket'. It allows the Andhra Bank Credit Card holder to book airline tickets through the Andhra Bank ATM's using their ATM cum Debit Cards or any VISA card.

Andhra Bank introduced Mobile ATM facility in Kottayam for the Sabarimala Pilgrims. Special Kissan Credit Cards were also distributed among the rural farmers and Mobile ATM's were set up to make them financially more aware. Special Smart Card facility is also available to the retail customers.

Andhra Bank being a 'Government Of India Undertaking' enjoys the privilege of one of the most sought after investment opportunities. The mutual funds and bonds witness record number of investments. The shares of Andhra Bank are also available to the people in India. The prices of the shares can be enquired online on the official Andhra Bank Website. The locations of Andhra Bank branches and the interest rates for various schemes offered by the bank are also available on the website. An ATM and branch list is also available on andhrabank.com.

Contact details:

Mailing Address:

Mr. A L Nageswara Rao, General Manager
Nodal Officer for Customer Service,
Customer Services Department
Andhra Bank
Dr. Pattabhi Bhavan
5-9-11, Saifabad
Hyderabad-500 004.
Phone: 040-23234313, 23230001
Toll-Free Number: 1800 425 2905
Email ID: cutomerser@andhrabank.co.in