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 Line of Credit

Andhra Bank furnishes line of credit facility to the eligible borrowers for their operational flexibility in working capital limits. Line of credit facilitates the corporate borrowers in efficient management of their borrowing requirements within the sanctioned line of credit facility.

Line of credit enables the borrowers to switch over from one facility to another facility within the overall assessed working capital limit without restricting the usage of funds(within the maximum limits available within a particular facility only)

 
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News & Events

PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

Our annual profit Rs.1,345 Crore

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