Product Details
Insurance Linked Current Account
Hyderabad
A Quality Product from
Andhra Bank [View Profile]
Hyderabad - India
Description :
This is a Current Account with accident insurance coverage provided to the account holder -
Accident Insurance coverage per person-
Death / Total Disablement - Rs. 1,00,000/-
Partial Disablement - Rs. 50,000/-
Insurance charges of Rs. 63/- per person per annum.
Individuals in the age group of 5yrs to less than 70yrs can avail this facility.
Accounts can be operated jointly.
Joint account holders will be automatically covered under the Insurance Policy.
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Andhra Bank deals in :
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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