Wedding function or some other family function, medical treatment, etc there can be any personal requirement and or unforeseen commitments for which you need money to meet expenses. Andhra bank provides personal loan to help you meet all your expenses easily.
Highlights
Salaried
Self Employed
Loan Scheme
AB Personal Loan
AB Personal Loan
Loan Type
Term Loan
Term Loan
Loan Amount
Min. - Rs 50000
Max. - Rs 1500000
Min. - Rs 50000
Max. - Rs 1500000
Tenure
Min. - 12 months.
Max. - 60 months.
Min. - 12 months.
Max. - 60 months.
Interest Rate
Min. - 15.75 %
Max. - 18.75 %
Min. - 15.75 %
Max. - 18.75 %
Time to Process Loan
4 days
4 days
Fees & charges
Fees & charges
Salaried
Self Employed
Processing Fee
1 %
1 %
Pre-Payment Charges
2 %
2 %
Comment on Charges
margin money- 25% of the total loan amount.
margin money-25% of the total loan amount
Security
Security
Personal security of the borrower and Hypothecation of the article purchased with Bank finance