Andhra Bank Personal Loan Interest Rates – EMI Eligibility Calculator

Get Instant Quotes Online on ✔ Interest Rates ✔ EMI Calculator ✔ Documents ✔ Tenure ✔ Monthly EMI ✔ Loan Amount ✔ Processing Fees ✔ Pre-Payment charges ✔ Customer Care numbers.

Andhra Bank Personal Loan helps to meet any genuine credit requirement of the borrower for personal purposes with minimum documentation such as – Consumer Durables, purchase of Home Appliance, Home Renovation, Medical Emergencies, Education Expenditures etc.

About Andhra Bank – Andhra Bank was registered on 20th November 1923 and commenced business on 28th November 1923. The Bank was founded by the eminent freedom fighter Dr. Bhogaraju Pattabhi Sitaramayya.

Quick Apply For Personal Loan

Andhra Bank Personal Loan Interest Rates

Andhra Bank Personal Loan – Clean Loans
Interest Rates	11.95% – 12.95%
Eligible Borrowers	Salaried / Non-salaried / Pensioner
Repayment	Up to 60 months
Prepayment Charges	No prepayment charges
Quantum of Finance	Take Home pay after all deductions including installment for the proposed loan should be mi minimum 40% of gross salary. For Non Salaried Persons – 2 times average annual proven income (Annual income as average of last three years income shown in IT returns/ assessment orders). For Pensioners: 8 times of monthly pension. Cap for pensioners is Rs. 5,00,000/- . Maximum age 75 years.
Andhra Bank Personal Loan – Consumer Loans
Interest Rates	12.10% – 13.10%
Eligible Borrowers	Salaried / Non-salaried / Pensioner
Repayment	Up to 60 months
Prepayment Charges	No prepayment charges
Quantum of Finance	Up to 75% cost of the article whichever is less
Co-obligation	Husband/ father or any third party (with sufficient worth and of regular income) acceptable to the bank.
Security	Hypothecation of the article purchased with Bank finance

Andhra Bank Personal Loan Documents

1. Photographs
2. Latest Salary Certificate / Designation of applicant / Latest Income Tax Assessment / Proof of Income
3. 6 months Banking
4. Post dated cheques

Example of Personal Loan EMI Calculator

Loan Amount	Tenure In Years	Interest Rate	Monthly EMI
50000	5	11.40%	Rs 1,097
70000	5	11.40%	Rs 1,536
80000	5	12.00%	Rs 1,780
100000	5	12.30%	Rs 2,240
125000	5	11.40%	Rs 2,743
150000	5	12.00%	Rs 3,337
170000	5	11.90%	Rs 3,773
180000	5	11.75%	Rs 3,981
200000	5	11.65%	Rs 4,414
250000	5	11.40%	Rs 5,486
275000	5	12.00%	Rs 6,117
300000	5	11.90%	Rs 6,658
340000	5	11.75%	Rs 7,520
350000	5	12.00%	Rs 7,786
380000	5	11.90%	Rs 8,434
400000	5	11.75%	Rs 8,847
425000	5	11.65%	Rs 9,379
450000	5	11.40%	Rs 9,874
475000	5	12.00%	Rs 10,566
480000	5	11.90%	Rs 10,653
500000	5	11.75%	Rs 11,059

Products Related To Andhra Bank
Andhra Bank Home Loan
Andhra Bank Loan Against Property
Andhra Bank Credit Card Customer Care Number