Request received - loud & clear!
Returning you to where you were...
Andhra Bank offers two personal loans – Consumer Loans and Clean Loans. Salaried persons, pensioners, and any other individuals who have a good repayment capacity are eligible to borrow this loan. Clean Loans can be borrowed by individuals who require credit to meet their personal expenses. Borrowers, however, are required to submit a third-party guarantee to the lender.
Effective 1 April 2020, Andhra Bank has merged with Union Bank. For now there are no changes in Account Number and IFSC Code. For more information checkout Union Bank Personal Loan Eligibility Calculator.
The eligibility criteria for the personal loans offered by Andhra Bank are as follows:
Interest Rate | 11.6% p.a. onwards |
Loan Amount | Will vary based on the nature of employment |
Loan Tenure | Up to 60 months |
Processing Fee | As per the lender’s terms and conditions |
The lender does not levy any pre-payment charges.
The maximum loan amount that can be sanctioned is –
Yes, the article purchased with the borrowed loan amount will have to be hypothecated to the lender.
The loan can be borrowed to purchase household appliances and other consumer durables.
The borrowed loan amount will be repaid in the form of monthly installments.
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
Gain an edge by connecting with us via email. We promise never to spam you.
Request received - loud & clear!
Returning you to where you were...
Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.