| Banks/NBFCs | Interest Rates(p.a.) |
|---|---|
| HDFC Bank | 10.85% onwards |
| Axis Bank | 11.25% onwards |
| Kotak Mahindra Bank | 10.99% onwards |
| ICICI Bank | 10.85% onwards |
Andhra Bank Personal Loan EMI Calculator
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15.5L Reviews
Get up to ₹50 Lakhs starting at 9.98%
15.5L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Find Best Personal Loan Offers
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Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Personal Loan Interest Rate Comparison of different Banks
What is Andhra Bank Personal Loan EMI Calculator?
To help you decide on your decision on getting a personal loan from Andhra Bank, Paisabazaar has a Personal loan EMI calculator. In the calculator, you have to enter your loan amount, the tenure over which you would be paying the loan and the interest rate. Once you hit calculate, your monthly EMI is displayed along with the interest rate. There is also an option to display a chart of all the EMIs along with the interest payment and principal amount. This way, you will be able to avail a loan as per your repayment ability and will have stress- free EMIs in future.
For example, if a loan of Rs.1 lakh is to be taken out at 1.25% interest rate and it is to be repaid over a period of 12 months. The EMI payments along with the interest will look as follows:
| Months | EMI amount | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | 8390 | 8286 | 105 | 91714 |
| 2 | 8390 | 8295 | 96 | 83419 |
| 3 | 8390 | 8303 | 87 | 75117 |
| 4 | 8390 | 8312 | 79 | 66805 |
| 5 | 8390 | 8321 | 70 | 58485 |
| 6 | 8390 | 8329 | 61 | 50156 |
| 7 | 8390 | 8338 | 53 | 41818 |
| 8 | 8390 | 8347 | 44 | 33472 |
| 9 | 8390 | 8355 | 35 | 25117 |
| 10 | 8390 | 8364 | 27 | 16753 |
| 11 | 8390 | 8373 | 18 | 8381 |
| 12 | 8390 | 8381 | 9 | 0 |
Features of Andhra Bank Personal Loan
Eligibility Criteria to Avail Andhra Bank Personal Loan
Andhra bank has set the eligibility criteria low to make the loan quiet accessible for all sections of people. The basic eligibility criteria are:
| Age | Minimum age should be 21 years; and maximum age must be 65 years |
| Nationality | Indian |
| Employment type | Salaried or Self-employed |
| Employment status | Employed total years: 2; Employed in the current organization: 1 year |
| Minimum income per month | Rs. 4000 – Rs. 20,000 |
| Tenure | Minimum – 6 months; Maximum: 60 months |
| Credit Score | 750 |
If you have any queries regarding your personal loan application, there are ways you can choose to contact a bank customer care support. You can call their toll-free number or write an email to them. Apart from this, you can also write a letter to the bank.
Avail Personal Loan for
All Your Needs
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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