Andhra Bank
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Toll Free Number: 1800 425 1515

Call 040-23122297 for Internet & Mobile Banking/ATM -24x7 Helpdesk or mail to us on

“Abhaya First Wealth Pack” has combined features of four products

  1. Recurring Deposit – fetches fixed maturity value at the end of the term
  2. Savings Bank Account – easy liquidity facility by accessing through ATMs
  3. Unit Linked Plan –investment in Unit Linked Plan (Equity Option) fetches market linked returns
  4. Life Insurance Cover- Life Insurance cover available
 "Abhaya First Wealth Pack” - three denominations are available

  1. Abhaya First Wealth Pack - Silver - Rs. 25,000/-
  2. Abhaya First Wealth Pack – Gold - Rs. 50,000/-
  3. Abhaya First Wealth Pack – Platinum - Rs. 100,000/-
 Eligibility :

Entry Age is 18-59 yrs.
 Term :

10 years with annual Installments
Mode of operation :

Single (Joint Accounts not permitted)

 Bifurcation of Investments under three Packs
Abhaya First Wealth Pack-Silver
Abhaya First Wealth Pack-Gold
Abhaya First Wealth Pack-Platinum
Customer should maintain required balance on or before renewal date to meet the yearly installments (Total Ten Annual Installments)
Rs. 25,000/-
Installment )
Rs. 50,000/-
Rs. 1,00,000/-
Installment )
Following Products will be sold to the Customer and annually the amount will be appropriated as under:
Proposed new “Recurring Deposit Account” ( annual Installment for 10 years)
Rs. 10,000/-
Rs. 20,000/-

Rs. 50,000/-

India First Smart save Plan (ULIP)
Rs. 12,000/-
Rs. 24,000/-
Rs. 40,000/-
Proposed Balance in new “Savings Bank Account” (with inbuilt feature of availability of Group Term Life Insurance cover)
Rs. 2,250/-
Rs. 4,900/-
Rs. 8,100/-
Payment of Insurance premium towards Group Term Life Insurance Cover available in Savings Bank Account.
Rs. 750/- (Insurance cover available Rs2.00 lacs)
Rs. 1,100/- (Insurance cover available Rs3.00 lacs)
Rs. 1,900/- (Insurance cover available Rs5.00 lacs)
* Life Cover available under AFWP : Rs. 400000/- Rs. 600000/- Rs. 1000000/-
Age Group
18 -50 yrs
51-55 yrs
Rs. 400000/-
Rs. 564000/-
Rs. 940000/-
56 – 59 yrs
Rs. 400000/-
Rs. 564000/-
Rs. 940000/-

* Life Cover / Sum Assured in case of unfortunate death of the account holder include total insurance coverage available under Savings Bank Group Term Insurance Coverage and Smart Save Plan collectively apart from the fund value.

This product has been specially designed to provide high yield, safe and steadily growing investment portfolio and Group Term Insurance, bundled under “Abhaya First Wealth Pack”.

  • On completion of 10 yrs term and subject to payment of all installments regularly the customer will receive -