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Andhra Bank


Andhra Bank

Insurance Services


A Quality Product from
Andhra Bank [View Profile]
Hyderabad - India

Description :
IndiaFirst Life Insurance Company Ltd. is a Joint Venture company of our bank in association with Bank of Baroda and L&G a foreign partner and started its operations.

IndiaFirst Life Insurance Company is 23rd entrant in the domestic life insurance industry. It has received all the regulatory approvals for starting the business in India.

AB Bancassurance Life
AB Bancassurance Non Life
AB Arogyadaan Scheme

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Andhra Bank

NRI Services: -Particulars of NOSTRO Accounts Maintained by International Banking Division Mumbai. -List of branches authorised to handle / transact foreign Exchange. -Mandatory fields for Wire Transfer of funds in EUR to any Branches of Andhrabank. -Mandatory fields for Wire Transfer of funds in GBP to any Branches of Andhrabank. -Mandatory fields for Wire Transfer of funds in USD to any Branches of Andhrabank. International Business Services: Exporters: -Advising Letters of Credit established by foreign buyers -Obtaining Credit Report on buyers abroad -Negotiation of documents under Letters of Credit Collection of Bills -Packing Credit Finance in Indian Rupees -Packing Credit Finance in Foreign Currencies -Export Earners' Foreign Currency Account -Forward Exchange cover. Importers: -Opening Letters of Credits on behalf of Bank's Constituents -Issue of Bank Guarantees on behalf of Bank's Constituents -Collection of Bills -Obtaining reports on Exporters/Sellers abroad -Facility for remittance of proceeds by Mail Transfer/Teletransfer/Swift -Import loans in Foreign Currency -Loans for import of capital goods. Student Services, Services to International Tourists, Services to Businessmen, Services for Medical Treatment Abroad.

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