Andhra Bank

Service Charges & Fees

Deposit Account

Nature				Rate of interest(%)		Minimum Balance (In Rupees)
				Normal	Senior Citizen	Rural	Semi Urban	Urban
Account
1	Savings Bank Account
	A	Domestic
		a	With cheque book facility	4.00	4.00	250	250	500
		b	Without cheque book facility	4.00	4.00	100	250	250
		c	No Frills Account	4.00	4.00	5	5	5
	B	Non Resident
		a	NRO	4.00	4.00	250	250	500
		b	NRE	4.00	4.00	250	250	500

Term Deposits

Further to our Circular cited above, Rates of Interest on Domestic Term Deposits have been revised with effect from 11.05.2012. With this revision, the interest rates offered on domestic term deposits for various periods are as under:

S No.	Maturity Period	Rates of interest (%) per annum
S No.	Maturity Period	Less than Rs.15.00 Lacs	Rs.15.00 Lacs to < Rs.1.00 crore
1	7 days to 14 days #	4.00	4.00
2	15 days to 45 days	4.50	4.50
3	46 days to 90 days	6.00	6.00
4	91 days to 179 days	7.25	7.25
5	6 months to < 1 year	8.50	8.50
6	1 year to 3 years	9.25	9.25
7	3 years (AB BONANZA)	9.40	9.40
8	Above 3 years to 10 years	9.00	9.00

Salient features of New Scheme “AB BONANZA”:

1. The period of Deposit is 3 Years only

2. This scheme is open from 11.05.2012 to 31.07.2012

3. This scheme is applicable both for Fixed and Re-investment deposits.

4. The maximum amount that can be accepted under this scheme is less than 1.00 Crore.

# For Deposits of Rs.1.00 Lac and above.

For Senior Citizens, the rate of interest is 0.50% higher for all maturity periods. Existing / Retired Staff are eligible for additional rate of interest as per rules.

*For Deposits of Rs.1 Crore and above customers are requested to contact nearest Andhra Bank branch for interest rates.

NRE ACCOUNTS With effect from 11.05.2012

Rates of interest on NRE term deposits have been revised with effect from 11.05.2012 With this revision, the interest rates offered on NRE term deposits for different maturity periods are as under

Period	Rate of Interest (%) p.a.
1 year to 2 Years	9.25
More than 2 Years - up to 3 years	9.00
More than 3 Years - up to 5 years	8.50

The revised interest rates are applicable to all fresh deposits and renewals of the existing deposits with effect from 11.05.2012

FCNR(B) Deposits : Interest Rates w.e.f., May 05, 2012

The revised interest rates on FCNR [B] Deposits with effect from May 05, 2012 are as under:

Currency	1 Year & above but less than 2 Years		2 Years & above but less than 3 Years		3 Years & above but less than 4 Years		4 Years & above but less than 5 Years		5 years
	New	Existing	New	Existing	New	Existing	New	Existing	New	Existing
USD	3.05	[2.30]	2.56	[1.81]	3.67	[1.92]	3.88	[2.13]	4.11		[2.36]
GBP	3.86	[3.11]	3.38	[2.63]	4.47	[2.72]	4.58	[2.83]	4.70		[2.95]
EUR	3.30	[2.55]	2.95	[2.20]	4.07	[2.32]	4.25	[2.50]	4.45		[2.70]
CAD	4.05	[3.30]	3.69	[2.94]	4.81	[3.06]	4.92	[3.17]	5.03		[3.28]
AUD	6.95	[6.20]	5.70	[4.95]	6.76	[5.01]	6.99	[5.24]	7.09		[5.34]
JPY	2.55	[1.80]	2.35	[1.60]	3.36	[1.61]	3.38	[1.63]	3.43		[1.68]
CHF	2.39	[1.64]	2.22	[1.47]	3.27	[1.52]	3.37	[1.62]	3.49		[1.74]
DKK	3.58	[2.83]	3.07	[2.32]	4.19	[2.44]	4.35	[2.60]	4.56		[2.81]
NZD	5.55	[4.80]	4.81	[4.06]	5.99	[4.24]	6.22	[4.47]	6.45		[4.70]
SEK	4.83	[4.08]	4.03	[3.28]	5.07	[3.32]	5.13	[3.38]	5.20		[3.45]

[Figures in brackets denote previous month interest rates]

The above interest rates on FCNR (B) Deposits are applicable only to the fresh and renewed deposits from May 05, 2012

Base Rate @ 10.50% p.a.

Andhra Bank's Base Rate has been decreased by 25 basis points i.e. from 10.75 % p.a. to 10.50% p.a. w.e.f. 01.05.2012. The revised rate is applicable to all the loans and advances that are sanctioned/ renewed on or after 01.07.2010 which are linked to Base Rate. This revision is also applicable to all borrowal accounts who switched over from BMPLR to Base Rate system

BMPLR @ 14.75% p.a.

Andhra Bank's BMPLR (Bench Mark Prime Lending Rate) has been decreased by 25 basis points from 15.00 % to 14.75 % p.a. with effect from 01.05.2012. The revised BMPLR is applicable to all loans and advances availed on or before 30.06.2010 and are linked to BMPLR.

Crop Loans/PAGCC

Limits upto Rs.50,000/-	Base rate+1.50
Limits above Rs50,000/- upto Rs.2.00 lakh	Base rate+2.75

Under Interest Subvention Scheme : For Pattabhi Agri cards, Agricultural Gold Loans interest rate is 7% pa. upto credit limits of Rs.3.00 lakhs till due date of the loan or date of repayment subject to a maximum period of one year .

Kisan Sampathi Loans (Produce Marketing loans)

Loans upto Rs.5.00 lakhs	Base rate
above Rs.5.00 lakhs upto Rs.10.00 lakhs	Base rate + 0.50

Kisan Pragathi	Base rate + 2.75+0.25(tp)
Pisiculture(working capital)	Base rate + 3.25
Pisiculture(Term Loan)	Base rate + 3.25+0.25(tp)
Poultry (working capital)	Base rate + 1.50
Poultry(term loan)	Base rate + 1.50 +0.25(tp)
Tractor loans	Base rate +3.75+0.25(tp)

AGRICULTURE TERM LOANS (OTHER THAN ABOVE AND DAIRY)

Upto Rs.50,000/-	Base rate + 2.75
above Rs.50,000/- upto Rs.2.00 lakh	Base rate+3.75
above Rs.2.00 lakh upto Rs.5.00 lakh	Base rate + 4.00 +0.25(tp)

DAIRY LOANS

Upto Rs.2.00 lakh	Base rate + 2.25+0.25(tp)
Above Rs.2.00 lakh upto Rs.10.00 lakh	Base rate + 3.00+0.25(tp)

RURAL GODOWNS (GRAMINA BHANDARAN YOJANA)

Upto 10,000 MT capacity	Base rate +1.50+0.25(tp)
Godowns above 10,000 MT capacity	Base rate + 2.50+0.25(tp)
Purchase of godowns or to undertake repairs	Base rate + 2.75+0.25(tp)

DAIRY AGENTS FOR PROCUREMENT OF MILK

Up to Rs.50,000/-	Base rate + 2.75+0.25(tp)
above Rs.50,000/- upto Rs.2.00 lakh	Base rate + 4.00 +0.25(tp)

LOANS TO SHEEP AGENTS

Upto Rs.50,000/-	Base rate+ 2.75+0.25(tp)
above Rs.50,000/-	Base rate + 3.50+0.25(tp)

AGRICULTURE GOLD LOANS

Upto Rs.50,000/-	Base rate + 1.50
above Rs.50,000/- upto Rs.2.00 lakh	Base rate + 2.75
above Rs.2.00 lakhs upto Rs.10.00 lakh-Hall mark	Base rate + 3.75
above Rs.2.00 lakhs upto Rs.10.00 lakh- with out Hall mark	Base rate +4.00

Maturity Period