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A subsidiary of the Uniopn Bank of India, Andhra Bank Financial Services Limited was established in 1991 to do leasing and hire-purchase business.
Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. [2] During 2011–12, the bank entered the states of Tripura and Himachal Pradesh.
In such case, please call our Customer Service at 1800-2222-44 & 1800-208-2244 and choose option no. 2 for further process. PSB Alliance Doorstep Banking Services available. Bank has introduced 3 Factor Authentication (FA) to enhance the security features of your accounts, one time registration for the same is mandatory.
On 1st April 2020, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India. Our Bank has a network of 8,400+ domestic branches, 9,300+ ATMs , 75,000+ employees and 20,000+ Business Correspondents.
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that Andhra Bank and Corporation Bank would be merged into Union Bank of India. The proposed merger would make Union Bank the fifth largest public sector bank in the country with assets of ₹14.59 lakh crore (US$170 billion) and 9,609 branches.
Apr 20, 2020 · Andhra Bank and Corporation Bank were merged into Union Bank of India on April 1 as a part of consolidation exercise in the country's banking space.
Aug 30, 2019 · As part of the mega-merger plan, Andhra Bank and Corporation Bank will be merged with Union Bank of India. In a media briefing, Sitharaman said, the combined entity will be the fifth-largest...
Aug 30, 2019 · Finance Minister Nirmala Sitharaman said that the merger of Union Bank of India, Andhra Bank and Corporation Bank would make it the fifth largest bank of the country with business of Rs...
Sep 13, 2019 · The proposed merger of Andhra Bank with Union Bank of India (UBI) on Friday received a crucial approval from the board of directors of the former.
Mar 31, 2020 · A part of the Central government plan to create four larger banks by merging 10, the move will see Andhra Bank over time coming to be identified as Union Bank of India.
