Andhra Bank is sanctioning Non Fund Limits basing on the Customer needs.
All types of customers namely Corporates, Firms, Sole Proprietary concerns, individuals are eligible for the limits.
Non Fund Limits include Inland Letter of Credit, Foreign Letter of Credit.
We also issue Standby Letter of Credit (SBLC)to our constituents.
Margin and other charges depend on the credit rating and credit worthiness of the constituent.