Andhra Bank

Founded in 1923, by the eminent freedom fighter, Dr. Bhograju Pattabhi Sitaramayya, Andhra Bank has come a long way in Banking industry. Started with a paid up capital of Rs one lakh and an authorized capital of Rs 10.00 lakh, today it has a turn over of Rs 83,256 crores with a clientele base of over 1.74 Crores. Comprising of 1371 branches, 66 Extension Counters, 38 Satellite Offices and 664 ATMs, Andhra Bank is rendering its satisfactory services to a plethora of customers.

Adapting to the need of the day, Andhra Bank is stepping towards the Centralized Core Banking System with its 118 branches already computerized and a larger number of the same undergoing the process. Winner of the Best Bank Award, a banking technology award by IDRBT Hyderabad, Andhra Bank was amongst the first few banks to introduce Credit Cards in India in 1981. Banks is considering the proposal of entering into a joint venture in Malaysia in association with Indian Overseas Bank and Bank of Baroda.

Products and Services of Andhra Bank:
  • Deposit Schemes
  • AB Savings Accounts
  • AB Current Accounts
  • AB Term Deposits
  • AB Arogyadaan Scheme
  • AB Bancassurance Life
AB Bancassurance (Non Life)
  • Retail Loans
  • Agricultural Loans
  • Corporate Banking
  • NRI Banking
  • NRI Products and Services
  • NOSTOR details for remittance
Western Union Money Transfer
  • Technology Products
  • Multi City Cheque Facility
  • On-Line Tax Accounting System (OLTAS)
  • Real Time Gross Settlement (RTGS)
  • Instant Funds Transfer
  • ATM Services
  • Any Branch Banking
  • Electronic Clearing Service (ECS)
  • National Electronic Funds Transfer

Andhra Bank

Bank of America | Indian Banks

Last Updated on 30th Oct 2012



Which State is biggest Jute producer? West Bengal is the largest producer of jute in India. India is the largest producer of jute in the world. Approximately 60 percent of the total world produce of jute is cultivated in India… Read More...
Which State is the Largest Tea producer? Assam is the largest producer of tea in India. India is one of the largest producers of tea in the world, second only to China. India recorded a total production of 1233.14 million… Read More...
Which State is the Largest Mica Producer? Andhra Pradesh is the largest producer of mica in India. For over hundred years, India had enjoyed monopoly in production and export of sheet mica in the world. Of late,… Read More...

We follow for border and boundary demarcations

Share to Facebook Share to Twitter Share to Twitter Share to Twitter Share