Andhra Bank
Description Andhra Bank provides various retail and corporate banking products and services to large, medium, and small customers in India. The companys deposit products include savings accounts, current accounts, demat accounts, and term deposits; and loan portfolio comprises housing loans, vehicle loans, educational loans, loans against gold for non-agricultural purposes, personal loans, mortgage loans, and reverse mortgage loans, as well as loans against rent receivables, National Savings Certificates, Kisan Vikas Patra, life insurance policies, and other securities. It provides credit, debit, and prepaid cards; payment services; life, and non-life and general insurance products; and mutual funds. Andhra Bank also offers various credit facilities, such as working capital finance, export import finance, working capital demand loans, bill finance, project finance, insurance finance, term finance, corporate loans, equipment finance, bridge loans, advances against share deposits and rent receivables, loan of credit, bank guarantees, and letters of credit, as well as offers project appraisal and loan syndication services. In addition, the company provides NRI banking services; services to micro, small, and medium enterprises; short term credit and medium/long term credit for agricultural and allied activities; women empowerment facilities; agricultural schemes; and rural development measures. Further, it offers Internet Banking, mobile banking, online-trading, tele-banking, e-rail ticketing, lock box facilities, and other online services. As of March 31, 2012, the company operated 1712 branches; 1056 ATMs; 15 extension counters; and 38 satellite offices. Andhra Bank was founded in 1923 and is headquartered in Hyderabad, India. To view the detailed information, you need to SUBSCRIBE with us. |
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