What is Andhra Bank? What are the eligibility criteria to open a bank account in Andhra Bank?

What is Andhra Bank? What are the eligibility criteria to open a bank account in Andhra Bank?

Hey guys, today's topic is very important for those people who wanted to open a Bank account on the Andhra Bank. The applicants must have the concern to know about banks and steps to open a bank account. The concerned applicant visited the right place here we will provide you all the answers to the query that is in your mind. We are going to discuss steps to open a bank account but before it, we should know about the bank that's are very important for us. So, let's get started to discuss the bank.

What is Andhra Bank?



It is a medium-sized public sector bank of India with a network of 2885 branches, 4 extension counters, 38 satellite offices, and 3798 (ATMs). Its headquarters situated in Hyderabad, Telangana, India. 

What are the eligibility criteria to open a bank account in Andhra Bank?

             
o   The applicant should be a citizen of India be eligible to open a bank account in Andhra Bank.
o   The applicate should be 18 years and
above to become eligible for an account opening, except in the applicant's minor account opening.
o   In the case of a minor account, an
applicant can open there account on the behalf of their parents. The parent of that applicant should submit their KYC documents to open an account.
o   The applicant should have all the KYC
documents that are necessary to open an account because without KYC document banks reject your form. So, keep ready all the documents with their photocopy.
o   Once all the required process
completed then the applicant has to make an initial payment to activate the account.

What are the requirements of the KYC documents to Open saving account in Andhra Bank?

o   Proof of Identity - Aadhaar Card, PAN Card, Driving Licence, Passport, Voter's ID Card. 
o   Proof of Address - the Electricity bill,
DL, Aaadhaar Card, passport visa,
Ration Card, Bank Statement Or Passbook, etc. o PAN Card (Form 16 is required if the PAN Card is not available to the applicant).
o   Two Latest Photographs not more
than 6 months.

What are the steps to Open saving account in Andhra Bank?

 

o   The applicant has to visit Bank if wanted to open an account in offline mode.
o   Choose the savings account which you
want to open. 
o   Ask the executive for the account opening form and fill in the form. (Note: All the field are necessary to avoid rejection of the form) 
o   When the form is filled completely than make sure and ready all your KYC Documents to make sure that you do not make any mistake.
o   Once the KYC Documents are ready
and form filled than you have to submit the form along with KYC documents to the executive of the bank.
o   Once the form and documents are submitted bank executive will verify your documents. 
o   Once the verification process is over
the account holder now have to make an initial payment to activate the account
o   After completion of all the process executive will provide you all documents related to the bank.
If all the process is completed, congratulations you can enjoy all the benefits of this bank and make a transaction.

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