Andhra Bank IFSC Code Kothapeta Branch, MICR code, Address

IFSC Code of Andhra Bank KOTHAPETA, MICR Code of Andhra Bank KOTHAPETA

Get IFSC Code and MICR code of Andhra Bank, Kothapeta, Andhra Pradesh branch in VIJAYAWADA city along with the address

Bank	Andhra Bank
IFSC Code	ANDB0001165 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	520011019
Address	KOTHAPETA, CHITTINAGAR, VIJAYAWADA - AP
Branch	KOTHAPETA
City	VIJAYAWADA
District	Krishna
State	Andhra Pradesh

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 10.50%*

Business Loan
@ 13.50%*

Loan Against Property
@ 8.50%*

Earn 7%* On
Savings Account

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Andhra Bank Interest Rates in KOTHAPETA, Krishna

	Interest Rates*
Andhra Bank MCLR Base Rate	8.45% - 8.65%	Past Trend
Andhra Bank Loan Against Property	12.40% - 12.85% Floating	Get Details
Andhra Bank Personal Loan	13.05% - 14.30%	Get Details
Andhra Bank Business Loan	15.75% - 16.00%	Get Details
Andhra Bank Gold Loan	9.70% - 10.45%	Get Details
Andhra Bank Car Loan	9.20% - 0.00%	Get Details
Andhra Bank FD Interest Rate	4.00% - 6.75%	Get Details

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Other Andhra Bank Branches in Krishna

Kothapeta Ifsc Code

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

Andhra Bank News - Sep 2017

2017-09-12 : Andhra Bank revises MCLR rates
Andhra Bank has reduced its marginal cost based lending rate (MCLR) across all tenors. For overnight and one month maturities, the rate has been revised to 8.10 per cent and 8.15 per cent, while for three month and six month maturities the rate has been reduced to 8.20 per cent and 8.30 per cent respectively.
2017-09-12 : Andhra Bank cuts interest rate on savings account to 3.5 per cent
Public sector lender, Andhra Bank has lowered interest rate on its savings bank account to 3.5 per cent in line with market competition. Now, deposits of up to Rs. 50 lakh will attract a 3.5 per cent interest rate from 4 per cent charged earlier. The revised rates will be effective from September 15th September, 2017.
2017-08-05 : Andhra Bank reports 30 per cent growth in net profit at Rs. 40 crore
Andhra Bank has reported a significant growth of 30 per cent in its net profit at Rs. 40 crore during the first quarter of FY18 as against Rs. 31 crore during the corresponding quarter of the previous fiscal year. Improvement in net interest income and reduction in gross non-performing assets has tampered the bank’s profit growth.
2017-07-13 : Andhra Bank plans to raise Rs. 1,000 crore via QIP
Public sector lender, Andhra Bank is looking for an opportunity to raise capital of Rs. 1,000 crore in a series of tranches via qualified institutional placements (QIPs). The newly raised funds will be deployed by the bank for expanding its banking activities by following an inorganic growth route.
2017-07-10 : Andhra Bank to sell sovereign gold bonds from July 10
Andhra Bank has announced to sell its sovereign gold bonds. The bank will open the gold bond scheme for public subscription at all its branches across the country. The proposed gold bond scheme will offer a 2.50 per cent tax free annual interest to the investors and the issue price of the gold bonds will be Rs. 50 per gram and the applications for the scheme will be accepted from July 10 to July 14, 2017.

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