In a country like India, property is perhaps the greatest asset one can own, with millions striving towards owning their dream home/plot. Having a property in your name can be highly beneficial today, as it can be used to meet emergency situations. A mortgage loan against a property could go a long way in quelling any financial needs and Andhra Bank offers such mortgage loans to its customers. With a banking history of over 9 decades, Andhra Bank is a trusted name in the Indian banking industry and offers a plethora of products and services designed to meet multiple requirements, keeping the needs of customers in mind at each step.
Andhra Bank offers mortgage loans towards meeting any financial emergency a customer could have. It should be kept in mind that such financial requirements are genuine and not frivolous. This loan can be used to satisfy any legitimate personal monetary requirement an individual could have.
Individuals who wish to apply for an Andhra Bank mortgage loan need to satisfy the following conditions.
Interest rates charged by Andhra Bank on their mortgage loans vary according to the tenure of a loan.
Note - Interest rates mentioned here are for the year 2015 and are subject to change at the sole discretion of the bank.
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