Recently Andhra Bank had organized a retail utsav in Hyderabad. It has been reported that bank has received whooping response from the customer. The two day mega property show of the bank turned out to be a success. Within a period of two days bank has sanctioned more than 100 loans.
The show offered the customers with various facilities. The customers got the chance to interact with the bankers. There was no processing fee and pre payment charges for the customers who applied immediately over there for the loan. The home loans were offered at the rate of 10.25%. On the spot the bank sanctioned home loan, education loan.
After getting a success at this mega show the Andhra Bank is further planning to organize it at other places as well including Vijayawada, Visakhapatnam and Tirupati. In Hyderabad area-specific shows will be held at Jubilee Hills, LB Nagar and other areas.