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Consumer Report

India
The following is a consumer report of the Personal Loans from Andhra Bank Financial Services Limited. It contains statistics of consumer complaints, consumer court data, consumer cases, customer criticisms, customer praises, consumer reviews and public interest in general about the product. This consumer report is only applicable to consumers in India.

Andhra Bank Personal Loans

Andhra Bank Personal Loans image
From Andhra Bank Financial Services Limited
In Finance > Loans > Personal_Loan
Approximate Price INR .00
NA
(Not ranked)
Report Effective Date May 24, 2012
Daddy Says ''This Product is too new in our database to provide an opinion about.''
Product is below average

Consumer Satisfaction

4.97
(Below Average score out of 10.00)
Andhra Bank has a wide range of banking products and financial services to corporate and retail customers. It offers personal loans for all your financial needs. Eligibility customers are retired employees of government / semi government undertakings, banks and other reputed private organisations etc who draw fixed income / pension through the bank. The loan is to be repaid on the basis of Equated Monthly Installment (EMI) fixed in accordance with norms taking into consideration the quantum of loan sanctioned. Andhra Bank accords utmost concern to customer satisfaction by offering need based financial products and services
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Consumer Feedback

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CSL History

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Click here to see the consumer satisfaction level of a company which quantifies the consumer confidence of a company on a scale of (lowest) 0 to 10 (highest).  Click here to see the detailed trend of consumer satisfaction levels of the company.
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Consumer Court Judgment Data*

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Cases Won (%)

Pie Chart
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Adherence to Regulationsratings
Authenticity / Transparency / Ethicsratings
Customer Friendliness / Loyalty & Promotio...ratings
Ease of Operation / User-Friendlinessratings
Economy of Maintenanceratings
Professionalism / Qualification of Staffratings
Reliabilityratings
Consumer Satisfaction Level Summaryratings
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Consumerdaddy has no affiliation with Andhra Bank Financial Services Limited, any of its competitors, any consumer complaint redressal agencies, consumer courts or consumer forums. Consumerdaddy does not endorse or disapprove the use of its products and merely supplies data regarding consumer complaints, criticisms, praises, reviews and public interest in general about this product reported to us by our website customers / visitors. Data provided in this page is provided as is, without any implicit or explicit guarantees regarding its completeness, accuracy or reliability. Usage of this page must be strictly in accordance with the  terms and conditions of the website. The words consumer and customer are used interchangeably in the industry, so consumer complaints can also be referred to as customer complaints.Consumer Report for India
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Consumer Comments

 
 
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Consumer Reviews and Complaints

 
 
Andhra Bank Personal LoansProduct is Terrible
Click here to submit a complaint for Andhra Bank Personal Loans
Click here to submit a review for Andhra Bank Personal Loans
Personal Loans  by Andhra Bank Financial ...
Rated 1.57 2 Years ago by AnonymousCSL 4.97
I got a call from Andra bank saying that they are providing loan without any security. I went to the bank, had a talk with the staffs. All the paper works was done in a fast manner. The loan was for 50,000 in a 48 months pay back, with a good percentage of interest. I was ok since I do not have to provide security. But at the time of signing the agreement I found that there is a trap inside. I had to take an insurance policy of Rs.15, 000, annual payment and that for a 15 years period. They are telling that they will give that amount too as loan after the loan get sanctioned they will deduct it. For that too I have to pay a high interest. What a nice way of cheating?
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