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The consumer loans offered by Andhra Bank provide financial support to customers for the purchase of household appliances and consumer durables.
Customers who wish to take out a consumer loan from Andhra Bank are required to meet the following criteria:
If the tenure of the loan is 36 months or less, the interest applicable is the base rate plus 5.50%, which is 15.75% at present. If the tenure of the loan is 36 months or more, the interest will be the base rate plus 5.50% plus 0.25%, which is 16% at present.
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.
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Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.