Open Savings account instantly in 5 minutes Toll Free No:1800-121 -0354. Interest rate on SB. ANDHRA PRADESH GRAMEENA VIKAS BANK (EMPLOYEES’) PENSION. List of Savings Account Banks Minimum Balance Required (INR) Savings Account Interest Rates (Per Annum) Allahabad Bank: 1000: 3.00% - 3.15%: Andhra Bank.

On clicking the below accept button, you will be directed to the third party website. Please also note that when you click on the link below, you will be leaving the KARUR VYSYA BANK LTD (KVB) website and our policies, terms and conditions, disclaimers will cease once you leave our website. KVB will not be responsible in any manner whatsoever for the confidentiality of the data shared by you and for any loss, damage, costs & charges direct or indirect incurred by you, arising out of or in connection with your access to the third party website or for any deficiency in the services of the third party or for the failure or disruption of the services. KVB offers links to third party websites that may be of interest to our website visitors. The links provided in our website are provided solely for your convenience and may assist you in locating other useful information on the Internet. When you click on these links you will leave the KVB's website and will be redirected to a third party website, which are not under the control of KVB. KVB is not responsible for the content of linked third party websites. We are not an agent for these third parties nor do we endorse or guarantee their products. We make no representation or warranty regarding the accuracy of the information contained in the linked sites. We suggest that you always verify the information obtained from linked websites before acting upon this information. Also, please be aware that the security and privacy policies on these sites may be different than KVB's policies, so please read third party privacy and security policies closely. If you have any questions or concerns about the products and services offered on linked third party websites, please contact the third party directly.

By clicking on 'Accept', please note that - You confirm having read and accepted the above and have decided to proceed further. - You would now be leaving the KARUR VYSYA BANK LTD website.

Open Savings Account in Andhra Bank : Andhra Bank is one of the well known banks in India. If you do have an account in Andhra Bank and you are planning to open a new savings account in Andhra Bank, you are are the right place as we will guide you through the complete procedure. In order to proceed, you must be aware about the formalities, eligibility and steps to open a savings account in Andhra Bank. If you know about all these steps, opening a savings bank account in Andhra Bank will definitely be a piece of cake for you. Don’t forget to read our article on the procedure to link aadhaar card with Andhra Bank Account.

Contents

• How to Open a Savings Bank Account in Andhra Bank ?

How to Open a Savings Bank Account in Andhra Bank ?

There are things you must know before knowing the complete procedure for opening Andhra Bank Savings Account. Let us first know about the the Eligibility to Open Savings Account in Andhra Bank.

Eligibility to Open a Savings Account in Andhra Bank

• Rates of interest on fixed deposits will vary by the economy and the market of a particular point of time. However, the interest rate of fixed deposits in Andhra Bank is always pretty high and profitable. The bank has to follow certain regulations regarding the FD rates. But at the end, Andhra Bank's interest rate.
• Andhra Bank is a medium sized bank in India with 1,968 branches. Over 550 of these branches are in rural parts of the country. It was established in 1923 and today employs about 20,400 people.
• Andhra Bank savings account comes with interest rates of up to 4%, depending on the daily balance, and the type of account. Do keep in mind that the rates are subject to change at the sole discretion of the bank. Andhra Bank Savings Account Charges Different Andhra Bank savings accounts have a different schedule of charges.

Before visiting any Andhra Bank Branch to open Andhra Bank Savings Account, you must check whether you are eligible for the same or not. Here are the eligibility for opening Andhra Bank Savings Account :

1) Applicant must be a Citizen of India.

2) Applicant must be more than 18 years of age (Except for Minor Account).

3) Applicant must possess the KYC Documents required to open Savings Account in Andhra Bank. These documents are Address Proof, Identity Proof, PAN Card or Form 60/61.

4) In most cases, the applicant would need a Guarantor who has a Bank Account with Andhra Bank.

5) Applicant will need to deposit minimum balance amount needed for the Savings Account(In some types accounts, like Jan Dhan Account this amount is not required).

At any point of time you can also prefer transferring Andhra Bank Account or you can change Andhra Bank Account Address. If you have not been using your Account from long time, it might be dormant and you can easily reactivate Andhra Bank Dormant Account.

Steps to Open a Savings Account in Andhra Bank

Once you know you are eligible to open a Andhra Bank Savings Account, you must follow the below mentioned steps to open a Savings Account in Andhra Bank.

1)Gathering the Documents : Your first step should be gathering all the KYC documents required for opening a Bank Account in Andhra Bank. So, do keep Proof of Address, Proof of Identity, PAN Card and at least 2 passport size photographs with you. You may also be asked to show the originals of the same.

2)Filling up Account Opening Form : Once you have all the documents you can visit any Andhra Bank Branch, collect the Andhra Bank Savings Account Opening Form and fill it up completely. If you have any issues while filling up the form, you can take help of fellow people in the Bank or Andhra Bank Officials.

3)Visit the Andhra Bank Account Opening Branch : After you have filled up the Andhra Bank Account Opening Form, do visit the Andhra Bank Branch where you want to open your Savings Account. Do carry your filled up form and the documents mentioned above.

4)Verify your Form & Documents : Meet the Accounts Executive and ask him to verify your documents and form for opening a new Savings Account with Andhra Bank. Upon verification and successful validation of your documents and form, you can go to the next step.

5)Deposit theMinimum Deposit Amount : After verification, move to the cash deposit counter and deposit the minimum deposit amount for your new bank account. In order to do so, please take a Cash Deposit Voucher/Slip and write ‘New Account’ in place where you need to write your Name and fill up the minimum deposit amount in Numbers and Words. Please confirm the Amount from the Cashier or Accounts Executive and deposit the form and cash voucher.

6)Collect Andhra Bank Passbook and ATM/Debit Card : Once you have deposited the minimum deposit amount for your new savings account, you will be handed over your ATM Cum Debit Card and other Bank Documents. If you do not get the documents instantly, you may get them in 1-2 working days. If you need a custom Debit Card with your Full Name on it, you need to apply for it separately.

Note : If you have also applied for other facilities like Cheque Book and/or Net Banking, within few days you will get them at your address registered with Andhra Bank. If you wish to change Mobile Number in Andhra Bank, you can do it anytime.

Best Practices after getting a Savings Bank Account in Andhra Bank

Once you have a Savings Bank Account with Andhra Bank, you must keep a few things in mind :

1) Its always good to memorize your Bank Details including your PINs and Passwords so that you don’t always have to rely on the physical documents every time you need that information.

2) To be on a safer side, note down your Account Number, ATM Card no., PIN etc at a location which is secure enough.

3) Always keep Andhra Bank Customer Care Number stored in your mobile phone’s contact list.

4) Don’t hesitate to contact Andhra Bank customer care if you have lost your Andhra Bank ATM card or in case of any other mishap related to your Account. If by any chance your account information or a cheque of your Account has fallen into wrong hands, you must immediately make a call to Andhra Bank Customer Care or visit your Andhra Bank Home Branch in order to block a particular service or your Savings Account to prevent any kind of unauthorized use.

Things to Know before you Open a Savings Account in Andhra Bank

Before you plan to open a Savings Account with Andhra Bank, you must know a few important things. There are a few queries which you must clarify by visiting any Andhra Bank Branch or Calling Customer Care Number :

Online Andhra Bank Account

• Is there a Minimum Average Balance per month for maintaining this type of Savings Account in Andhra Bank ? If yes, what is it? What types of fees do I have to pay if I go below that limit?
• What is the rate of interest which I will be getting on my Andhra Bank Savings Account? How often is this interest generated ?
• Do I have any limit to the number of transactions every month ?
• Where can I withdraw cash using my ATM/Passbook/Cheques without paying any extra fees ? What is the extra amount charged for using other than Andhra Bank ATM ?

Customer Care Numbers of Andhra Bank

Andhra Pragathi Grameena Bank Savings Account Interest Rates

If you are looking for any kind of help from Andhra Bank Customer Care, feel free to reach them on the Toll Free Number mentioned below.

Andhra Bank Savings Account Interest Rate

Toll Free Number : 1800 425 1515