The bank offers this loan to people engaged in both agricultural as well as non agricultural activities. Andhra Bank gold loan Review states that it is an attractive loan which customers are willing to take as the Andhra Bank gold loan Interest Rate is attractive and the Andhra Bank gold loan Eligibility is easy to achieve.

Andhra Bank Gold Loan Interest Rate:

The current Andhra Bank gold loan Interest Rate is discussed below.

 Andhra Bank gold loan Interest Rate is as per the RBI norms. Andhra Bank gold loan Rate are revised frequently. One can get the latest Andhra Bank gold loan Rate from one of the branches.

Andhra Bank Gold Loan Eligibility:

According to the Andhra Bank gold loan review the Andhra Bank gold loan Eligibility criteria are:

• ·Customers who are above 18 years of age are eligible for the Andhra Bank gold loan rate.
• ·The customer should have an account with the bank for Andhra Bank gold loan Eligibility.

Andhra Bank gold loan Rate for per gram gold: The Andhra Bank gold loan Rate for 22 carat gold is Rs. 1150 per gram. The Andhra Bank gold loan Rate for 21 carat gold is Rs. 1100 per gram. The Andhra Bank gold loan Rate for 20 carat gold is Rs. 1050 per gram. The Andhra Bank gold loan Rate for 19 carat gold is Rs. 1000 per gram.

Andhra Bank Gold Loan Documentation:

According to the Andhra Bank gold loan Review these documents are required for Andhra Bank gold loan

Eligibility:

Filled Application Form

Two Photographs

Proof Of Identification

Proof Of Residence

Andhra Bank gold loan Review shows that Andhra Bank gold loan can be availed for maximum loan tenure of 2 years which can be renewed. The loan will be processed according to the banking procedure once the documents have been submitted. The loan can be prepaid however the prepayment clause needs to be found from the bank.

Andhra Bank gold loan Tax benefits: One can get tax benefits if any according to the Income Tax Act 1961 which varies yearly according to the changes made by the Government.

More details on Andhra Bank gold loan eligibility and Andhra Bank gold loan Interest Rate etc. are on the official site at http://andhrabank.in/english/AbNonagriculturalGoldLoans.aspx