INTRODUCTIONINTRODUCTION• Registered on 20 November 1923 and

commenced business on 28 November 1923 with a paid up capital of Rs 1.00 lakh and an authorized capital of Rs 10.00 lakhs.

• The Bank is rendering services through 2139 Business Delivery Channels consisting of 1371 branches, 66 Extension Counters, 38 Satellite Offices and 664 ATMs spread over 21 States and 2 Union Territories as at the end of June, 2008.

• Bank is migrating to "Centralized Core Banking Solution".118 Branches have already migrated to CBS.

HIGHLIGHTS FOR Q1-HIGHLIGHTS FOR Q1-2009-102009-10• Net profit jumps to Rs.256 Crs with robust growth of 230%.• Total business goes up to Rs.105280 Crs, up by  26%.• Gross advances grew by 32% to reach Rs.44,911 Crs.• Total Deposits rose to Rs.60,369  Crs, at growth rate of  23%.• Credit Deposit Ratio improved to 74.40% from 69.50%.• Interest Income increased to Rs.1505 Crs., with a growth rate of 30%.• Other Income rose by 119% to Rs.238 Crs.• Operating Profit moved up to Rs.348 Crs. by 70 % over June’08.• Net Interest Income  grew  by 27%.• While total income  grew by38% total expenditure contained at

31%.• Net Interest Margin (NIM) improved to 2.85% from 2.74% at

June’08.• Return on Assets (ROA) improved to 1.48 % from 0.56%.• Cost to Income ratio improved to 49% from 56%.• Gross NPAs to Gross Advances ratio improved to 0.80% from 1.15%.• Percentage of Net NPAs to Net advances stood at 0.22%.• CRAR improved to 14.75%.

VISION & MISSIONVISION & MISSION

PRODUCT AND SERVICESPRODUCT AND SERVICESDeposite schemesRetail loansAgriculture LoansCorporate servicesNRI BankingTechnological Products

DEPOSITE SCHEMESDEPOSITE SCHEMESSaving AccountCurrent AccountTerm DepositeOther Schemes

AB Kiddy BankWho can open Children up to the age of  18

years (only minors)

Doll At the time of opening the account, an attractive doll will be given free of cost to each account holder for putting their savings in the doll.Doll contains a secret lock which can be opened only at the branch where the account is held.

Minimum balance Rs.100/-

Options available 1) Accident Insurance Coverage - Accident Insurance coverage for the child and the parent with M/s.United India Insurance Co. Ltd., RS.55/- premium for a cover of Rs.1.00 lakh

2) Life Insurance Coverage - Life Insurance coverage to the parent in the age group of 18-55 years. The sum assured is Rs.1.00 lakh in case of natural death or  for accidental death

Interest Payable 3.50% p.a

Deposits to the account Can be made from any branch of Andhra Bank

AB Abhaya Gold SB A/cEligibility Individuals, either single or joint

Age Limit 5 to less than 70 years

Insurance cover Rs. 1,00,000 /- per person

Risk Covered Risk is covered only due to accidentIn case of Death Rs. 1,00,000 /-Disability:a) Permanent Rs. 1,00,000 /-b) Partial Rs. 50,000 /-

Premium/ Service charges Rs. 65 /- per person per annum (subject to changes every year)

PeriodicityThe insurance charges are to be collected at the time of opening the account and on 31st October every year

Insurance Year 1st November to 31st October every year

Claim InformationThe information should be given within 90 days directly to the bank branch where the account is maintained.

Claim SubmissionThe claim document should be submitted within 180 days from the date of accident/ death to the bank branch.

Value additions

Cheque books/ International Debit card/ 24 hour ATM facility/ Utility payments through ATMs/ Instant Fund Transfer/ Any Branch Banking.

 AB Abhaya SB A/cEligibility Individuals, either single or jointAge Limit 5 to less than 70 years

Insurance cover Rs. 25,000 /- per person

Risk Covered Risk is covered only due to accident In case of Death                     Rs. 25,000 /-Disability:      a)  Permanent     Rs. 25,000 /-                    b)  Partial            Rs. 12,500 /-

Premium/ Service charges Rs. 18 /- per person per annum (subject to changes every year)

Periodicity The insurance charges are to be collected at the time of opening the account and on 31st August every year

Insurance Year 1st September to 31st August every year

Claim Information The information should be given within 90 days directly to the bank branch where the account is maintained.

Claim Submission The claim document should be submitted within 180 days from the date of accident/ death to the bank branch.

Value additions Cheque books/ International Debit card/ 24 hour ATM facility/ Utility payments through ATMs/ Instant Fund Transfer/ Any Branch Banking.

AB Easy Savings (No-frills account)To make banking facilities available to vast sections of population

our Bank introduced No Frills Savings A/c with name and style "AB Easy Savings Bank" account.

FEATURES Minimum balance of Rs.5/- No Charges on non maintenance of Minimum Balance No other service charges No Restrictions on the number of withdrawals in the account.

Drawals only through withdrawal forms accompanied by pass book.

No cheque book shall be issued No ATM / Debit card facility No ABB facility Relaxed KYC Norms,       

AB Jeevan Abhaya Scheme AB Jeevan Abhaya is a Savings Bank Account launched in

association with M/s LIC of India, which provides Group Life Insurance Cover with Accident Death Benefit.

1. What is "AB Jeevan Abhaya" Savings Bank

Account?

"AB Jeevan Abhaya" is a Savings Bank Account that provides Group Life

Insurance cover and Accident Death Benefit.

2. Who can open AB Jeevan Abhaya Savings Bank

Account?

The Scheme is open to all those who are in the age group of 18 to 55 years.

3. What is the sum assured?

The sum assured is Rs.1,00,000/- in case of normal death and Rs.2,00,000/- in case of

accidential death.4. Do the person has

to undergo any Medical Check-up?

No Medical Check-up is required except a simple Health Declaration Form.

5. Do the person has to give Proof of age?

Yes. Proof of age is required if there is a claim.

6. Do the person get any Policy certificate and any Surrender Value of the Policy?

No. No individual Policy will be given as this is a Group Policy and there will be no

surrender value.

8. Who will settle the Claims?

Settlement of claims is done by M/s Life Insurance Corporation of India Ltd at their

sole discretion and our Bank will only act as a facilitator.

Cont….9. Can a person include his Family

members in the Scheme?Yes. By opening a joint account and on payment of premium applicable for each joint account holder.

10. What is the premium payable?The premium is payable per annum according to three Age

Groups:Age Group Premium Payable

18-35 216/-36-50 372/-

51-55732/-Apart from premium, a nominal Administrative Charges

@33/- with Service Tax 12.24% per account is charged

11. What is the Insurance year?The insurance year is from 1st December to 30thNovember

every year

12. What is the claims procedure?

Intimation of death to be given to the Insurance Company within 90 days and the duly filled in claim form along with necessary documents to given to Insurance Company within 180 days through our Bank.

13. What are the Documents to be submitted to Insurance company?

In case of Normal Death: Death CertificateIn case of Accidental Death: Death Certificate, FIR Report , Final Report & Post mortem report.

14. What are the Special features of the Scheme?

The premium paid by a person is a special rate offered under the Group Life Insurance Scheme and would be much more for the same policy if taken as an Individual policy.

15. Lien Clause

Lien of 45 days is operative under AB Jeevan Abhaya/AB Jeevan Abhaya Special Account. i.e. if death occurs within 45 days of opening of account, claim shall not be payable. However, this clause does not apply in case of death due to accident.

Type of DepositCurrent DepositEligibilityAll constituents who are eligible to open

accounts under our existing Current Deposit Scheme.

Minimum BalanceMinimum Balance - Rs. 100,000/-Availability of The SchemeOnly in Metro Branches under CBS.

FACILITIES:Free Cheque Book Facility

No Folio/ Transaction charges.Any Branch banking facilityInstant Funds Transfer facility50% concession in Service Charges for Funds Remittance Premium Current Account Holders can transfer their

funds instantaneously among any of our CBS branches. They can transfer funds to their own accounts or to third party accounts within Our Bank

Free Internet Banking:

Free Multi city Chequebooks: (for those who maintain an average monthly balance of Rs.500000/- or more)

Multi City chequebooks available at select centers (in CBS branches) only. Users can issue cheques payable at par at all our CBS branches across the country.

The cheques presented by the companies will be treated as local cheques at all our CBS branch locations.

Free ATM or Debit Card (for first year )Facility available for Premium Current Accounts held

in favour of Individuals/Sole Proprietory Concerns.

Free Monthly Statement of Account.Free Demat A/c (Conditions apply)Free Credit Card (Individuals/Sole

Proprietory Concerns- Conditions apply )Balance in excess of Rs.200000/- can be

converted as Term Deposits (in units multiple of Rs.10000/-) subject to the guidelines as applicable to AB Freedom (Flexi) Deposit Scheme

TERM DEPOSIT

KALPTARUVU DEPOSIT This is a Cumulative Term Deposit

Minimum Amount to be deposited is Rs.100 There is no maximum ceiling The minimum period is 6 months and maximum is 10 years The interest is compouned quarterly and paid on maturity of the deposit

Financing to dairy agents Objectives To increase business under Agricultural

segmentTo increase milk production through organized sectorTo supplement the incomes of farmers To improve rural economy through employment opportunity Area of operation

Entire state of Andhra Pradesh under tie up with reputed companies

Other Schemes

Loan amountMinimum of Rs. 1 lack per borrower for every

100 liters of milk procured by him and a maximum of Rs. 2 lakhs for procurement of 200 litres of milk.

The amounts will be released to the agent based on specific recommendation of the company

Repayment periodThe loan is repayable in 24 monthly instalments

after a gestation period of 3 months..The recovery will be made from the cheques

issued by milk processing units.The account will be reviewed once in a quarter..

Rate of interest

These loans carry the following rates of interest

• 

        Up to Rs.50,000/-     (  BMPLR - 2.25 % + TP) 12.25 - 2.25 + 0.25 = 10.25%

        Rs.50,001 to Rs.2.00 lacs (BMPLR-1.50+TP)12.25-1.50 + 0.25 = 11.00%

Security

•Hypothecation of receivables and assets created

•Mortgage of landed/ building property equal to 150% of the loan

amount

RETAIL LOANSRETAIL LOANS• Anand Jeevan• Vehicle Loans – Hero Honda• Vehicle Loans – Maruti Suzuki• Doctor Plus• Nightangle• Housing loans• Saral• Dr. Pattabhi vidya Jyoti• Vanitha vohan• Personal loans• Vechile loans• Clean loans• Mortagage

For Purchase of Bike M/S Hero Honda Motors Limited has entered in to an agreement with Andhra Bank financing of Hero Honda bikes being manufactured by them.

Name of the scheme Loans to purchase Hero Honda BikesNature of facilityTerm loanQuantum of loan for Hero Honda  

Under Kisan Chakra scheme for farmers 80% Of the Road price or Maximum of Rs. 40,000/-,which ever is less. 

Under other scheme 90%  of the road price(Road price include invoice price, insurance, Tax and accessories).MarginUnder Kisan Chakra scheme for farmers 10% Of the Road price or over and above the loan amount of Rs. 40,000/-

Vehicle Loans – Hero Honda

Under other scheme 20% on Road price.Income CriteriaUnder Kisan Chakra scheme – farmers should have minimum of 2 Ac cultivated land.

Under other schemes – Gross annual income should not be less than Rs.60,000/-

RepaymentUnder Kisan Chakra scheme 10 Half yearly or 5 yearly installments depending on cropping pattern .12 to 60 monthsUnder other schemes 12 to 60 months.SecurityHypothecation of the vehicle purchased out of loan amount.

Co-obligation/GuaranteeThird party guarantee acceptable to the bank.

Rate of interestBMPLR + 0.25 = 12.50 % + 0.25 % (Term premia wherever applicable) = 12.75 %

BMPLR + 0.25 + 0.25

AB Doctor +

"AB Doctor +" Provides finance to priority sector as well as on non-priority sector.The Purpose of the scheme is to enable the practitioner to setup their own clinics with all medical equipments, ambulances, computer, medical software etc.

We are financing to doctor & Medical Practitioner for Rural sector, Semi urban and urban sector.

For purchase of equipments.

Setting up clinic, X-ray, Pathological clinics, Policlinics etc.

For purchase of vehicle, ambulance, computers etc.

To purchase medical software.Any other activities related medical

profession.

HOUSING LOANELIGIBILITY CRITERIAGeneralAge 18 to 65 years.Repayment maximum 20 years.75% of cost of construction OR 85% of

estimated cost for outright purchase as loan

No guarantee / co obligation.Income tax benefit for payment of both

Principle and Interest as per I.T.Rules

Salaried PersonsMaximum 48 times monthly gross incomeLatest salary certificateCertificate from the employer regarding

leftover serviceEstimates and other related approved

documents30% take home pay.

Housing Loans for Agriculturists, Business & Self-employed persons

For  Agriculturists, four times of  gross annual income as per certificate issued by  the  competent  Revenue Authority, supported by evidence of  land  holdings

4 times the gross annual incomeIncome Tax ReturnsAuditor CertificateEstimates and other related approved

documents

AGRICULTURE LOANS ObjectivesTo make the small and marginal holdings economically viable.

To bring fallow lands and waste lands under cultivation

To step up agricultural production and productivity 

To finance the share croppers/tenant farmers to purchase land to enable them to increase their income 

 

PurposeTo provide term finance to small and

marginal farmers to purchase agricultural/fallow/waste land.

Eligibilitya) small and marginal farmers based on pre-development income.b) Share croppers/tenant farmers

Quantum of financeMaximum of Rs.2,00,000/-Margin20% of the project costRepaymentIn 7-10 years in half yearly/yearly installmentsSecurity

Mortgage of land purchased out of the Bank loan.

Loans above Rs.30,000/-, co-obligation/third party guarantee is to be obtained.

KISAN BANDHU TRACTOR FINANCINGObjectiveTo finance for tractors to improve farm

mechanization.EligibilityFarmers having 3 acres of perennially

irrigated (owned) or 6 acres of dry land (owned)

Quantum of financeUp to unit cost of the tractorMargin

15% of the unit cost

Repayment9 yearly or 18 half yearly installments linked to

harvesting season.Collateral Security

Up to Rs.3,50,000/- , no collateral security.Above Rs.3,50,000/-: Collateral security in the

form of mortgage of land/charge creation under state laws

Rate of interest

(BMPLR - Spread + Term Premia) (12.25% - 1.25 % + 0.25 %) = 11.25 %

Corporate services

Working Capital LoansExport & Import FinanceBill FinanceSub BMPLR FinanceForeign Currency LoansAdvance against SharesAdvance against Rent ReceivablesAdvance to Real Estate DevelopersTerm FinanceBridge Loans

Corporate LoansProject FinanceInfrastructure Project FinanceTakeover AccountsNon Fund Based Limits

Any Branch Banking Cash Deposit Cash Withdrawal for Self cheques only Purchase of Demand Draft/ Pay Order by transferring the

balance from his/her account Transfer of funds:-

Between Accounts in Account Branch (where I have a/c) & Remote Branch (where I am transacting)

Between Two Accounts in the Account branch Between Accounts in any two networked branches.

Opening of Term Deposits in Remote Branch with funds transferred from Account branch

Instantaneous collection of Andhra Bank cheques drawn on any of the connected Branch

Account Statement Balance Enquiry Cheque Book request

ATM ServicesOnly ATM offering "E SEVA" services to cater to

the needs of tax payers in collaboration with ANDHRA PRADESH GOVERNMENT.

Unique feature whereby TEN accounts of the cardholder across the country can be linked to the same ATM card and funds can be transferred between these accounts instantly

Only ATM offering both "E HUNDI" & donations to various schemes ofTIRUMALA TIRUPATHI DEVASTHANAMS & SHIRDI SAI SAMSTHAN

Mobile Prepaid Top-up - Recharge of all Mobile Service Providers/ purchase of Calling cards and internet/VOIP Packs through ATM and also through SMS registration

 Electronic Clearing ServiceElectronic Clearing Service benefits the Bank Customers &

Investors in Shares / Debentures /Deposits.Direct Credits Dividend income from investment in shares/debentures Interest income from fixed deposits and bonds Commission and other regular incomes Salary and pension Income-tax refund orders and other inward remittancesDirect Debits Telephone & Electicity Bills, loan instalments & insurance

premia School, College & Club Membership fees Credit Card dues Water taxes, property taxes & other regular payments

AB e-R@IL Debit Card holders can log on to the

website of IRCTC,www.irctc.co.in and schedule the travel. Once the reservation is complete, while invoking the payment option, choose Andhra Bank and enter the card details as it appears on your card and key in the PIN..

Instant Funds TransferObjectiveIFT  facility is introduced with an objective to provide value added service

to the customers through 'instant transfer of funds' from one account to another account among the Branches connected to ATM Network.

This facility can be used in lieu of traditional mode of funds transfer such as DD, PO and TTs among the branches connected to ATM switch.

Features IFT facility is extended to our Bank Customers only. Both the sender

and recipient should have an account with our branches. Those who are not maintaining account with our branches cannot avail

of this facility. Cash cannot be accepted for doing IFT transaction. IFT facility will be extended during the business hours of both the

sending and destination branches only. Maximum amount that can be remitted under "IFT" is Rs.50 lakhs per

transaction.

Service chargesTransfer of

fundsExchange PER AMT MIN

Up to Rs.10,000/- 25.00

Above Rs.10,000/- and up to Rs.1.00 lac

1.00 1000 25

Above Rs.1.00 lac and up to Rs.5.00 lacs

0.75 1000 100

Above Rs 5.00 lac and uptoRs 10.00 lacs

0.60 1000 375

Above Rs.10.00 lacs and up to Rs.50.00 lacs

0.50 1000 600max 2500

Multi City Cheque FacilityMulti City Cheque" is a facility wherein the customer can

issue cheques drawn at the base branch and payable at any remote centre.

These cheques will thus, be treated as local cheques at the remote centre

The facility of Multi City Cheques is available to all types of SB account holders, Current account holders and COD/ SOD account holders who fulfill the following eligibility criteria:

1.Savings bank account with a monthly minimum balance of Rs. 10,000/-      

2.Current accounts with a monthly minimum balance of Rs. 50,000/-

3.COD/ SOD accounts with a sanctioned minimum limit of Rs. 50,000/-

On-Line Tax Accounting System (OLTAS)OLTAS (On-Line Tax Accounting System) is

a system of transmission of tax data on a Standardized, Successfully tested and proven On-Line Electronic Mode introduced as per the recommendations of Advisory Group on Tax Reforms.

The purpose of OLTAS is to speed up the transmission of tax data and funds collected by the authorised branches of banks to Government through RBI.

Real Time Gross SettlementReal Time Gross Settlement System (RTGS)

is the ultimate in the payment and settlement architecture in any country primarily for online, real time inter bank payment and settlement of large value funds.

RTGS payment system can also be called as one in which payment instruction between banks are processed, settled individually and continuously throughout the day as per the timings fixed from time to time.

AB INFI-net (CBS)All accounts enquiryAccount Balance EnquiryAccount Statement / Enquiry / Printing / DownloadingCheque deposited status enquiryCheque Book RequestStop Cheque RequestTransfer to Own AccountThird Party TransferOpening of Deposit RequestRequest for ATM / Debit Card PINSecure mail sending / receivingOnline TAX payment

 Services Provided by Andhra Bank Loans to NRIs against Term deposits Remittance facility for transfer of funds to India. Western Union Money Transfer Through Andhra Bank Remittance facility for NRIs in Gulf for transfer of funds to

India Speed Remittance facility for NRIs in Gulf Facilities to Travelling NRIs Currency Exchange Baggage rules Swift message MT 103 format for remittance of money from

abroad Remittance to India by way of SWIFT-the fastest way- Details HOUSING LOANS TO NRI

Western Union Money TransferLiving abroad, your loved ones are so far

away. But when they send money home with Western Union, it brings them closer. With Western Union’s state-of-the-art computer systems and a secure global network, the money reaches you safely in minutes.