Andhra Bank Personal Loan

AB Personal Loans

To meet any credit requirements of the borrowers for the personal/unforeseen commitments. Security Pledge of National Savings Certificates, Kisan Vikas Patra, Assignment of LIC Policies and Securities. PSU bonds. Repayment 60 months. Quantum 75% of the purchase value of securities pledged including the accrued interest (in case of cumulative interest bearing securities). Co-obligation For Credit limits above Rs 50,000/- Co-obligation is necessary. Prevailing Interest rates apply. Other Personal Loans Quantum of Loan Processing charges Administrative charges Per quarter per account Per annum Per account Upto and inclusive of Rs. 25,000/- Rs. 250/- Rs. 50/- Rs. 200/- Above Rs. 25,001 and upto and inclusive of Rs. 50,000/- Rs. 500/- Rs. 75/- Rs. 300/- Above Rs. 50,001 and upto and inclusive of Rs. 75,000/- Rs. 750/- Rs. 100/- Rs. 400/- Above Rs. 75,000/- Rs.1000/- Rs. 150/- Rs. 600/- These charges both processing and administrative charges will be applicable to CONSUMER LOANS, CLEAN LOANS & VEHICLE LOANS. The ‘administrative charges’ will be collected on quarterly basis.