Andhra Bank


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Andhra Bank

  1. 3. INTRODUCTION <ul><li>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. </li></ul><ul><li>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. </li></ul><ul><li>Bank is migrating to &quot;Centralized Core Banking Solution&quot;.118 Branches have already migrated to CBS. </li></ul>
  2. 4. HIGHLIGHTS FOR Q1-2009-10 <ul><li>Net profit  jumps to Rs.256 Crs with robust growth of 230%. </li></ul><ul><li>Total business  goes up to Rs.105280 Crs, up by  26%. </li></ul><ul><li>Gross advances  grew by 32% to reach Rs.44,911 Crs. </li></ul><ul><li>Total Deposits  rose to Rs.60,369  Crs, at growth rate of  23%. </li></ul><ul><li>Credit Deposit Ratio  improved to 74.40% from 69.50%. </li></ul><ul><li>Interest Income  increased to Rs.1505 Crs., with a growth rate of 30%. </li></ul><ul><li>Other Income  rose by 119% to Rs.238 Crs. </li></ul><ul><li>Operating Profit  moved up to Rs.348 Crs. by 70 % over June’08. </li></ul><ul><li>Net Interest Income   grew  by 27%. </li></ul><ul><li>While  total income   grew by38%  total expenditure  contained at 31%. </li></ul><ul><li>Net Interest Margin (NIM)  improved to 2.85% from 2.74% at June’08. </li></ul><ul><li>Return on Assets (ROA)  improved to 1.48 % from 0.56%. </li></ul><ul><li>Cost to Income ratio  improved to 49% from 56%. </li></ul><ul><li>Gross NPAs  to Gross Advances ratio improved to 0.80% from 1.15%. </li></ul><ul><li>Percentage of  Net NPAs  to Net advances stood at 0.22%. </li></ul><ul><li>CRAR  improved to 14.75%. </li></ul>
  4. 6. PRODUCT AND SERVICES <ul><li>Deposite schemes </li></ul><ul><li>Retail loans </li></ul><ul><li>Agriculture Loans </li></ul><ul><li>Corporate services </li></ul><ul><li>NRI Banking </li></ul><ul><li>Technological Products </li></ul>
  5. 7. DEPOSITE SCHEMES <ul><li>Saving Account </li></ul><ul><li>Current Account </li></ul><ul><li>Term Deposite </li></ul><ul><li>Other Schemes </li></ul>
  6. 9. AB Kiddy Bank Who 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 <ul><li>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 </li></ul><ul><li>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 </li></ul>Interest Payable 3.50% p.a Deposits to the account Can be made from any branch of Andhra Bank
  7. 10. AB Abhaya Gold SB A/c Eligibility 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 accident In 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) Periodicity The 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 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.
  8. 11.   AB Abhaya SB A/c Eligibility Individuals, either single or joint Age 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 31 st  August every year Insurance Year 1 st  September to 31 st  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.
  9. 12. AB Easy Savings (No-frills account) <ul><li>To make banking facilities available to vast sections of population our Bank introduced No Frills Savings A/c with name and style &quot;AB Easy Savings Bank&quot; account. </li></ul><ul><li>FEATURES </li></ul><ul><li>Minimum balance of Rs.5/- </li></ul><ul><li>No Charges on non maintenance of Minimum Balance </li></ul><ul><li>No other service charges </li></ul><ul><li>No Restrictions on the number of withdrawals in the account. Drawals only  through withdrawal forms accompanied by pass book. </li></ul><ul><li>No cheque book shall be issued </li></ul><ul><li>No ATM / Debit card facility </li></ul><ul><li>No ABB facility </li></ul><ul><li>Relaxed KYC Norms,        </li></ul>
  10. 13. AB Jeevan Abhaya Scheme <ul><li>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. </li></ul>1. What is &quot;AB Jeevan Abhaya&quot; Savings Bank Account? &quot;AB Jeevan Abhaya&quot; 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.
  11. 14. 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/- 51-55 732/-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 1 st  December to 30 th November 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 Certificate In 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.
  12. 16. <ul><li>Type of Deposit </li></ul><ul><li>Current Deposit </li></ul><ul><li>Eligibility </li></ul><ul><li>All constituents who are eligible to open accounts under our existing Current Deposit Scheme. </li></ul><ul><li>Minimum Balance </li></ul><ul><li>Minimum Balance - Rs. 100,000/- </li></ul><ul><li>Availability of The Scheme </li></ul><ul><li>Only in Metro Branches under CBS. </li></ul>
  13. 17. FACILITIES: <ul><li>Free Cheque Book Facility No Folio/ Transaction charges. Any Branch banking facility Instant Funds Transfer facility 50% concession in Service Charges for Funds Remittance Premium Current Account Holders can transfer their </li></ul><ul><li>funds instantaneously among any of our CBS branches. They can transfer funds to their own accounts or to third party accounts  within Our Bank </li></ul><ul><li>Free Internet Banking: </li></ul>
  14. 18. <ul><li>Free Multi city Chequebooks: (for those who maintain an average monthly balance of Rs.500000/- or more) </li></ul><ul><li>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. </li></ul><ul><li>The cheques presented by the companies will be treated as local cheques at all our CBS branch locations. </li></ul><ul><li>Free ATM or Debit Card (for first year ) </li></ul><ul><li>Facility available for Premium Current Accounts held in favour of Individuals/Sole Proprietory Concerns. </li></ul>
  15. 19. <ul><li>Free Monthly Statement of Account. </li></ul><ul><li>Free Demat A/c (Conditions apply) </li></ul><ul><li>Free Credit Card (Individuals/Sole Proprietory Concerns- Conditions apply ) </li></ul><ul><li>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 </li></ul>
  16. 20. <ul><li>TERM DEPOSIT </li></ul>
  17. 21. KALPTARUVU DEPOSIT <ul><li>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 </li></ul>
  18. 22. Financing to dairy agents <ul><li>  Objectives </li></ul><ul><li>To increase business under Agricultural segment To increase milk production through organized sector To supplement the incomes of farmers  To improve rural economy through employment opportunity  Area of operation </li></ul><ul><li>Entire state of Andhra Pradesh under tie up with reputed companies </li></ul>Other Schemes
  19. 23. <ul><li>Loan amount </li></ul><ul><li>Minimum 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. </li></ul><ul><li>The amounts will be released to the agent based on specific recommendation of the company </li></ul><ul><li>Repayment period </li></ul><ul><li>The loan is repayable in 24 monthly instalments after a gestation period of 3 months.. </li></ul><ul><li>The recovery will be made from the cheques issued by milk processing units. </li></ul><ul><li>The account will be reviewed once in a quarter.. </li></ul>
  20. 24. <ul><li>Rate of interest </li></ul><ul><li>These loans carry the following rates of interest </li></ul><ul><li>           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% </li></ul><ul><li>Security </li></ul><ul><li>Hypothecation of receivables and assets created </li></ul><ul><li>Mortgage of landed/ building property equal to 150% of the loan amount </li></ul>
  21. 25. RETAIL LOANS <ul><li>Anand Jeevan </li></ul><ul><li>Vehicle Loans – Hero Honda </li></ul><ul><li>Vehicle Loans – Maruti Suzuki </li></ul><ul><li>Doctor Plus </li></ul><ul><li>Nightangle </li></ul><ul><li>Housing loans </li></ul><ul><li>Saral </li></ul><ul><li>Dr. Pattabhi vidya Jyoti </li></ul><ul><li>Vanitha vohan </li></ul><ul><li>Personal loans </li></ul><ul><li>Vechile loans </li></ul><ul><li>Clean loans </li></ul><ul><li>Mortagage </li></ul>
  22. 26. <ul><li>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. </li></ul><ul><li>Name of the scheme Loans to purchase Hero Honda BikesNature of facilityTerm loanQuantum of loan for Hero Honda   </li></ul><ul><li>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/- </li></ul>Vehicle Loans – Hero Honda
  23. 27. <ul><li>Under other scheme 20% on Road price.Income CriteriaUnder Kisan Chakra scheme – farmers should have minimum of 2 Ac cultivated land. </li></ul><ul><li>Under other schemes – Gross annual income should not be less than Rs.60,000/- </li></ul><ul><li>RepaymentUnder Kisan Chakra scheme 10 Half yearly or 5 yearly installments depending on cropping pattern . 12 to 60 months Under other schemes 12 to 60 months.SecurityHypothecation of the vehicle purchased out of loan amount. </li></ul>
  24. 28. <ul><li>Co-obligation/GuaranteeThird party guarantee acceptable to the bank. </li></ul><ul><li>Rate of interestBMPLR + 0.25 = 12.50 % + 0.25 % (Term premia wherever applicable) = 12.75 % </li></ul><ul><li>BMPLR + 0.25 + 0.25 </li></ul>
  25. 29. AB Doctor + <ul><li>&quot;AB Doctor +&quot; 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. </li></ul><ul><li>We are financing to doctor & Medical Practitioner for Rural sector, Semi urban and urban sector. </li></ul><ul><li>For purchase of equipments. </li></ul>
  26. 30. <ul><li>Setting up clinic, X-ray, Pathological clinics, Policlinics etc. </li></ul><ul><li>For purchase of vehicle, ambulance, computers etc. </li></ul><ul><li>To purchase medical software. </li></ul><ul><li>Any other activities related medical profession. </li></ul>
  27. 31. HOUSING LOAN <ul><li>ELIGIBILITY CRITERIA </li></ul><ul><li>General </li></ul><ul><li>Age 18 to 65 years. </li></ul><ul><li>Repayment maximum 20 years. </li></ul><ul><li>75% of cost of construction OR 85% of estimated cost for outright purchase as loan </li></ul><ul><li>No guarantee / co obligation. </li></ul><ul><li>Income tax benefit for payment of both Principle and Interest as per I.T.Rules </li></ul>
  28. 32. <ul><li>Salaried Persons </li></ul><ul><li>Maximum 48 times monthly gross income </li></ul><ul><li>Latest salary certificate </li></ul><ul><li>Certificate from the employer regarding leftover service </li></ul><ul><li>Estimates and other related approved documents </li></ul><ul><li>30% take home pay. </li></ul>
  29. 33. <ul><li>Housing Loans for Agriculturists, Business & Self-employed persons </li></ul><ul><li>For  Agriculturists, four times of  gross annual income as per certificate issued by  the  competent  Revenue Authority, supported by evidence of  land  holdings </li></ul><ul><li>4 times the gross annual income </li></ul><ul><li>Income Tax Returns </li></ul><ul><li>Auditor Certificate </li></ul><ul><li>Estimates and other related approved documents </li></ul>
  30. 34. AGRICULTURE LOANS <ul><li>  Objectives </li></ul><ul><li>To make the small and marginal holdings economically viable. </li></ul><ul><li>To bring fallow lands and waste lands under cultivation </li></ul><ul><li>To step up agricultural production and productivity  </li></ul><ul><li>To finance the share croppers/tenant farmers to purchase land to enable them to increase their income  </li></ul><ul><li>  </li></ul>
  31. 35. <ul><li>Purpose </li></ul><ul><li>To provide term finance to small and marginal farmers to purchase agricultural/fallow/waste land. Eligibility a) small and marginal farmers based on pre-development income. b) Share croppers/tenant farmers </li></ul>
  32. 36. <ul><li>Quantum of finance Maximum of Rs.2,00,000/- Margin 20% of the project cost Repayment In 7-10 years in half yearly/yearly installments Security </li></ul><ul><li>Mortgage of land purchased out of the Bank loan. </li></ul><ul><li>Loans above Rs.30,000/-, co-obligation/third party guarantee is to be obtained. </li></ul>
  33. 37. KISAN BANDHU TRACTOR FINANCING <ul><li>Objective </li></ul><ul><li>To finance for tractors to improve farm mechanization. </li></ul><ul><li>Eligibility </li></ul><ul><li>Farmers having 3 acres of perennially irrigated (owned) or 6 acres of dry land (owned) </li></ul><ul><li>Quantum of finance </li></ul><ul><li>Up to unit cost of the tractor </li></ul><ul><li>Margin 15% of the unit cost </li></ul>
  34. 38. <ul><li>Repayment </li></ul><ul><li>9 yearly or 18 half yearly installments linked to harvesting season. </li></ul><ul><li>Collateral Security </li></ul><ul><ul><li>Up to Rs.3,50,000/- , no collateral security. </li></ul></ul><ul><ul><li>Above Rs.3,50,000/-: Collateral security in the form of mortgage of land/charge creation under state laws </li></ul></ul><ul><li>Rate of interest </li></ul><ul><li>(BMPLR - Spread + Term Premia) (12.25% - 1.25 % + 0.25 %) = 11.25 % </li></ul>
  35. 39. Corporate services <ul><li>Working Capital Loans </li></ul><ul><li>Export & Import Finance </li></ul><ul><li>Bill Finance </li></ul><ul><li>Sub BMPLR Finance </li></ul><ul><li>Foreign Currency Loans </li></ul><ul><li>Advance against Shares </li></ul><ul><li>Advance against Rent Receivables </li></ul><ul><li>Advance to Real Estate Developers </li></ul><ul><li>Term Finance </li></ul><ul><li>Bridge Loans </li></ul>
  36. 40. <ul><li>Corporate Loans </li></ul><ul><li>Project Finance </li></ul><ul><li>Infrastructure Project Finance </li></ul><ul><li>Takeover Accounts </li></ul><ul><li>Non Fund Based Limits </li></ul>
  37. 42. Any Branch Banking <ul><li>Cash Deposit </li></ul><ul><li>Cash Withdrawal for Self cheques only </li></ul><ul><li>Purchase of Demand Draft/ Pay Order by transferring the balance from his/her account </li></ul><ul><li>Transfer of funds:- </li></ul><ul><ul><li>Between Accounts in Account Branch (where I have a/c) & Remote Branch (where I am transacting) </li></ul></ul><ul><ul><li>Between Two Accounts in the Account branch </li></ul></ul><ul><ul><li>Between Accounts in any two networked branches. </li></ul></ul><ul><li>Opening of Term Deposits in Remote Branch with funds transferred from Account branch </li></ul><ul><li>Instantaneous collection of Andhra Bank cheques drawn on any of the connected Branch </li></ul><ul><li>Account Statement </li></ul><ul><li>Balance Enquiry </li></ul><ul><li>Cheque Book request </li></ul>
  38. 43. ATM Services <ul><li>Only  ATM  offering  &quot;E SEVA&quot;  services to cater to the needs of tax payers in collaboration with  ANDHRA PRADESH GOVERNMENT. </li></ul><ul><li>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 </li></ul><ul><li>Only  ATM  offering both  &quot;E HUNDI&quot;  &  donations to various schemes ofTIRUMALA TIRUPATHI DEVASTHANAMS   & SHIRDI SAI SAMSTHAN </li></ul><ul><li>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 </li></ul>
  39. 44.   Electronic Clearing Service <ul><li>Electronic Clearing Service benefits the Bank Customers & Investors in Shares / Debentures /Deposits. </li></ul><ul><li>Direct Credits </li></ul><ul><li>Dividend income from investment in shares/debentures </li></ul><ul><li>Interest income from fixed deposits and bonds </li></ul><ul><li>Commission and other regular incomes </li></ul><ul><li>Salary and pension </li></ul><ul><li>Income-tax refund orders and other inward remittances </li></ul><ul><li>Direct Debits </li></ul><ul><li>Telephone & Electicity Bills, loan instalments & insurance premia </li></ul><ul><li>School, College & Club Membership fees </li></ul><ul><li>Credit Card dues </li></ul><ul><li>Water taxes, property taxes & other regular payments </li></ul>
  40. 45. AB e-R@IL <ul><li>  Debit Card holders can log on to the website of IRCTC,  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.. </li></ul>
  41. 46. Instant Funds Transfer <ul><li>ObjectiveIFT   </li></ul><ul><li>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. </li></ul><ul><li>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. </li></ul><ul><li>Features </li></ul><ul><li>IFT facility is extended to our Bank Customers only. Both the sender and recipient should have an account with our branches. </li></ul><ul><li>Those who are not maintaining account with our branches cannot avail of this facility. </li></ul><ul><li>Cash cannot be accepted for doing IFT transaction. </li></ul><ul><li>IFT facility will be extended during the business hours of both the sending and destination branches only. </li></ul><ul><li>Maximum amount that can be remitted under &quot;IFT&quot; is Rs.50 lakhs per transaction. </li></ul>
  42. 47. Service charges Transfer of funds Exchange 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 upto Rs 10.00 lacs 0.60 1000 375 Above Rs.10.00 lacs and up to Rs.50.00 lacs 0.50 1000 600 max 2500
  43. 48. Multi City Cheque Facility <ul><li>Multi City Cheque&quot; is a facility wherein the customer can issue cheques drawn at the base branch and payable at any remote centre. </li></ul><ul><li>These cheques will thus, be treated as local cheques at the remote centre </li></ul><ul><li>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: </li></ul><ul><li>Savings bank account with a monthly minimum balance of Rs. 10,000/-       </li></ul><ul><li>Current accounts with a monthly minimum balance of Rs. 50,000/- </li></ul><ul><li>COD/ SOD accounts with a sanctioned minimum limit of Rs. 50,000/- </li></ul>
  44. 49. On-Line Tax Accounting System (OLTAS) <ul><li>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. </li></ul><ul><li>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. </li></ul>
  45. 50. Real Time Gross Settlement <ul><li>Real 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. </li></ul><ul><li>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. </li></ul>
  46. 51. AB INFI-net (CBS) <ul><li>All accounts enquiry </li></ul><ul><li>Account Balance Enquiry </li></ul><ul><li>Account Statement / Enquiry / Printing / Downloading </li></ul><ul><li>Cheque deposited status enquiry </li></ul><ul><li>Cheque Book Request </li></ul><ul><li>Stop Cheque Request </li></ul><ul><li>Transfer to Own Account </li></ul><ul><li>Third Party Transfer </li></ul><ul><li>Opening of Deposit Request </li></ul><ul><li>Request for ATM / Debit Card PIN </li></ul><ul><li>Secure mail sending / receiving </li></ul><ul><li>Online TAX payment </li></ul>
  47. 53.   Services Provided by Andhra Bank <ul><li>Loans to NRIs against Term deposits </li></ul><ul><li>Remittance facility for transfer of funds to India. </li></ul><ul><li>Western Union Money Transfer Through Andhra Bank </li></ul><ul><li>Remittance facility for NRIs in Gulf for transfer of funds to India </li></ul><ul><li>Speed Remittance facility for NRIs in Gulf </li></ul><ul><li>Facilities to Travelling NRIs </li></ul><ul><li>Currency Exchange </li></ul><ul><li>Baggage rules </li></ul><ul><li>Swift message MT 103 format for remittance of money from abroad </li></ul><ul><li>Remittance to India by way of SWIFT-the fastest way- Details </li></ul><ul><li>HOUSING LOANS TO NRI </li></ul>
  48. 54. Western Union Money Transfer <ul><li>Living 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. </li></ul>