Information of Andhra Bank

Information of Andhra Bank


Information of Andhra Bank:
Brief  History of the bank “Andhra Bank” was founded by the eminent freedom  fighter and a multifaceted genius, Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923 with a paid up capital of Rs 1.00 lakh and an authorised capital of Rs 10.00 lakhs or ₹1 million (US$15,000) In 1956, linguistic division of States was promulgated and Hyderabad was made the capital of Andhra Pradesh. The registered office of the bank was subsequently shifted to Andhra Bank Buildings, Sultan Bazar, Hyderabad. In the second phase of nationalisation of commercial banks commenced in April 1980, the bank became a wholly owned Government bank. In 1964, the bank merged with Bharat Lakshmi Bank and further consolidated its position in Andhra Pradesh.

IndiaFirst Life Insurance Company is a life insurance company in India. It is a joint venture between two of India’s public sector banks – Bank of Baroda (44%) and Andhra Bank (30%), and UK’s financial and investment company Legal & General(26%). It was incorporated in November 2009. It has its headquarters in Mumbai. IndiaFirst Life made more than ₹2 billion (US$31 million) in turnover in just four and half months since the insurance company became operational. IndiaFirst Life insurance company is headquartered in Mumbai. IndiaFirst is the first life insurance company to be recommended for ISO certification within 7 months of inception.

Founder: Dr Bhogaraju Pattabhi Sitaramayya was born on 24th November 1880 in Gundugolanu village, West Godavari District in Andhra Pradesh. He was a renowned Freedom Fighter and a very illustrious personality.
Established on: 20th November,  1923
Head Quarter/Head Office:

Hyderabad, India

5-9-11, Dr Pattabhi Bhavan,

Secretariat Road, Saifabad

Hyderabad 500 004. Telangana

Ph:  040- 23252000

Toll Free Numbers

1800 425 1515 (Tele Banking)

1800 425 1515 (Credit card support)

1800 425 7701 (Pension related issues)

For any Queries/Grievances

Toll Free Number: 1800 425 1515

Tel: 040 23234313, 23252000 Extn: 2422, 2577

Fax: 23232419

Email ID: [email protected]

Correspondence address

Sri. K. T. Venumadhav

General Manager

Nodal Officer for Customer Service,

Andhra Bank

Dr. Pattabhi Bhavan

5-9-11, Saifabad

Hyderabad-500 004. Telangana

Number of Branch: 2803 branches
Key Person:
Services: Finance and insurance
Consumer banking
Corporate banking
Number of Employee: 20981 (2016-17)
Interest rate:
Consumer banking, Credit cards, corporate banking, finance and insurance, private banking, wealth management, Agricultural Loans

Housing Loans

AB Housing Loans – NRI

Housing Loans – General

Gold Loan

Vehicle Loan

General Vehicle Loan

Loans for Two Wheelers

Loans for Four Wheelers

Vehicle Loans to Women Borrowers

Loans for Two Wheelers

Loans for Four Wheelers

Educational Loans

Non-Agricultural Gold Loan

Personal Loans

Consumer Loans

Clean Loans

AB Professional Loan

Property Term Loan/Overdraft (PTL/POD)

Reverse Mortgage Loans

Loans Against Rent Receivables

Loans Against NSCs, KVPs, LIC Policies

Doctor Plus

Display of Information pertaining to Loans to

Individual Borrowers under Retail Loans)

Accounts & Deposits

Savings Account

AB Kiddy Bank

AB Abhaya Plus

AB Easy Savings (No-frills account)

AB Abhaya SB A/c

AB Abhaya Gold SB A/c

AB Jeevan Abhaya Scheme

AB Super Salary SB Account

AB Platinum SB Account

AB Diamond SB Account

Abhaya First Wealth Pack

Ab Jeevan Abhaya Double Plus

Ab Jeevan Abhaya Triple Plus

Ab Little Stars And Ab Teens

Collapse Node   AB Term Deposits

AB Recurring Plus

AB Freedom (Flexi) Deposit Scheme

AB Money Time

AB Tax Saver

AB Fixed Deposits

AB Kalpataruvu Deposits

AB Recurring Deposits

AB Smart Choice

Collapse Node   AB Current Accounts

Ab Emerald Current Account

AB Insurance Linked Current Account

AB Premium Current Account

Collapse Node   Government Schemes

Public Provident Fund(PPF)

Senior Citizen Savings Scheme(Scss)

Sukanya Samriddhi Account (SSA)

Kisan Vikas Patra (KVP)

Collapse Node   Insurance

AB Bancassurance Life

AB Bancassurance Non Life

AB Arogyadaan Scheme

Mutual Funds

Demat Accounts

Debit Card


Short Term Agrl. Credit

Pattabhi Agri Cards

AB Kisan Sampathi

Collapse Node   Agrl. Term Credit

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu

Collapse Node   Women Empowerment

AB Self Help Groups

AB Mahila Jyothi

Collapse Node   Special Schemes

Agri Clinics

Solar Off Grid

MNRE Lighting Scheme





MSME Schemes

OTS Scheme

MSME Policy

Care Centers



Working capital Facility

Working capital Finance

Export Import finance

Working capital Demand Loans

Bill Finance

Collapse Node   Term Finance

Project Finance And Infrastructure Finance

Term Loan

Other Advances

Bridge loan

Advances Against Share Deposits

Advance Against Rent Receivable

Property – Overdraft & Term Loan

Collapse Node   Non Fun Based Advances

Bank Guarantee

Letters Of Credit

Forward Contact Limit

Techno Economic Viability Study

Collapse Node   NRI





NRE Account




AB Lock Box facility

Online services

Immediate Payment Service (IMPS)

AADHAR Seeding


Blocking ATM/Debit cards

India First Online Services

Internet Banking

Online Trading

Mobile Banking



Religious Offerings

Online savings account opening

SMS  Banking

Recharge/Postpaid Bill Pay

Rail Ticket Booking


Tax Payments

Online Tax payment

Direct (Through ATM)

Indirect taxes

On-Line Tax Accounting System (OLTAS)

Advance Tax Payment

ePayment of VAT/CST

Tele Banking

AB BillPay

Credit Cards

Credit Card Features

VISA Lounge Access & Offers

Credit Card SMS Services

Virtual Credit Card

Travel Cards

Gift Card

Credit Card Payment – Billdesk

Visa Bill Pay

Utility Bill Payments

Credit Card Online Portal

Prepaid card self care portal

Verified by Visa / 3d Secure Code

Payment System


Real Time Gross Settlement

National Electronic Funds Transfer

Electronic Clearing Service

Western Union Money Transfer

Vehicle Loan

Agri Loan


Education Loan

Home Loan

Corporate Loan

Financial Inclusion



RuPay Insurance Program FY 2016-17

National Pension System

Customer Corner

Download Applications Forms

Forex Rates

Interest Rates

Missed call facility

Security alerts & Tips

Service Charges



Annual Report

Awards & Rewards

Call Back


Selfie Banking

ABK mPay

AndhraBank UPI

AndhraBank *99#

AB e-Passbook



AndhraBank Cube


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