Andhra Bank offers business loans in india for starting a small busniess at very low interest rates. Not only for starting the business, People can get andhra bank business loans for extending an existing business.
The Andhra bank is giving business loans upto an amount of 50 lakh Rupees for starting a new business, The andhra bank is also giving business loans upto an amount of 5 Crores to extend an existing business.
Any Indian Resident or an NRI who was aged above 21 years are eligible to apply andhra bank business loans. People can apply business loans from andhra bank by going to the nearest baranch office.
The people can also apply the andhra bank business loans by going to its official website www.andhrabank.com. Noramally the andhra bank is approving loan applicantion and granting the business loan amount in 3 days if the applicant submiuts all the required documents correctly.
Note: This is a Guest post written by the admin of apply-loans.info
Sunday, April 18, 2010
Saturday, March 6, 2010
Andhra Bank Personal Loans
Personal loans are offered to all the pensioners drawing pensions from Andhra Bank. The personal loans are given to the pensioners who have not exceeded 70 years of age. This kind of loan can be availed without assigning any definite purpose. The maximum loan amount of Rs.75,000 and minimum of Rs.15,000 are offered to the individuals.
Personal loans are also provided to the doctors and medical practitioners by the Andhra Bank. The loans are offered for the expenses of professional requirement.
Personal loans are also provided to the doctors and medical practitioners by the Andhra Bank. The loans are offered for the expenses of professional requirement.
Monday, February 15, 2010
Andhra Bank Education Loans
Andhra Bank offers education loans to students aspiring to continue higher studies. Andhra Bank education loans are sanctioned only to Indian Nationals. The educational loan from Andhra bank is sanctioned for studies both in India and abroad.
An applicant is sanctioned a education loan of maximum Rs 10 lacs for studying in India and Rs 20 lacs for studying in abroad from Andhra bank. On a education loan above Rs 4 lacs, there is a margin of 5% and 15% for studying in India and abroad respectively.
Andhra Bank Education Loan covers school, college or hostel fees as well as cost for buying books and other necessary items. Apart from the library, exam or library fees, even caution deposit, refundable deposit and building fund are considered for the loan.
No security is required for education loan amount upto Rs 4 lacs. The borrower should present a 3rd party as guarantee for a education loan amount above Rs 4 lacs. However, on Andhra Bank discretion, this clause of 3rd party guarantee may be waived off in certain cases.
The education loan borrower from Andhra bank can begin repaying 6 months after getting job or one year after the course is completed, whichever happens earlier. The education loan can be repaid in a period of 5 to 7 years.
Note - This is a Guest post from the admin of Loansbuzz.com
An applicant is sanctioned a education loan of maximum Rs 10 lacs for studying in India and Rs 20 lacs for studying in abroad from Andhra bank. On a education loan above Rs 4 lacs, there is a margin of 5% and 15% for studying in India and abroad respectively.
Andhra Bank Education Loan covers school, college or hostel fees as well as cost for buying books and other necessary items. Apart from the library, exam or library fees, even caution deposit, refundable deposit and building fund are considered for the loan.
No security is required for education loan amount upto Rs 4 lacs. The borrower should present a 3rd party as guarantee for a education loan amount above Rs 4 lacs. However, on Andhra Bank discretion, this clause of 3rd party guarantee may be waived off in certain cases.
The education loan borrower from Andhra bank can begin repaying 6 months after getting job or one year after the course is completed, whichever happens earlier. The education loan can be repaid in a period of 5 to 7 years.
Note - This is a Guest post from the admin of Loansbuzz.com
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