Andhra Bank MasterCard Electronic

Andhra Bank MasterCard Electronic

Description

The renowned public sector bank, Andhra Bank has launched a new beneficiary Andhra Bank MasterCard Electronic for its customers. We at Best Credit Cards in India will inform you about its benefits.



The renowned Indian public sector bank, Andhra Bank is known for its reliable, high-tech and excellent banking services. This time, Andhra Bank has launched a new beneficiary credit card, known as Andhra Bank MasterCard Electronic for its valuable customers. By using this valuable card, you will get out standing benefits of a modern credit card. The card allows you to use incredible purchasing power to buy various products as well as services. If you are looking for more information regarding this beneficiary credit card then you can browse the official web portal of Best Credit Cards in India .

How to apply for an Andhra Bank MasterCard Electronic

If you wan to apply for Andhra Bank MasterCard Electronic then you can apply for it by using Andhra bank’s online facility. Stated below is the complete process to apply online.

Ø      For applying for this valuable credit card, you need to visit the official website of the bank and download an application form from this link http://andhrabank.in/english/Forms.aspx
Ø      Now , you need to fill this application form with required information such as your name , date of birth, email address, home address, one valid landline or mobile number, pan card number, profession etc.
Ø      Once your application would be approved, bank official will call you for further procedure.

Details regarding documents needed

After the getting the approval from the bank, you need to visit the nearest branch along with your updated bank statement and certain required documents such as -

Ø      You need to submit your proof of identity such as voter ID card, passport, PAN card, driving license etc.
Ø      You need to submit your proof of address such as Ration card, passport, voter ID card, electricity bill etc.
Ø      You need to submit your proof of income such as salary slip or related documents, IT return documents etc.
Ø      You also need to submit copy of pan card or form 60 etc.

Eligibility criteria for applying for Andhra Bank MasterCard Electronic

Stated below are the eligibility criteria for applying for Andhra Bank MasterCard Electronic.

Ø      Your annual income should not be less than INR 180,000 (in case of salaried).
Ø      At the time of application, your age should be between 21 to 65 years.
Ø      In case of self-employee, annual income should not be less than INR 200,000.
Ø      You need to show last six months bank statement.
Ø      You should be an Indian citizen.  

Additional benefits and features of Andhra Bank MasterCard Electronic

The added advantages and features of this valuable credit card are stated below.

Ø      Facility of cash advance
Ø      Free of cost Accident insurance coverage
Ø      Zero finance charge
Ø      You will get add on card service
Ø      You can access up to 1,35000 merchant establishments
Ø      Up to 12,000 ATMs access throughout the country
Ø      Interest free credit period would be 21 days to 50 days
Ø      No admission charge or fee require

Late fee charges 

Ø      INR 200 for due amount below INR 5,000
Ø      INR 300 for due amount between INR 5,000 to 15,000
Ø      INR 400 for due amount for more than 15,000

Details regarding extended credit limits

If you want to increase your credit card’s credit limit then you need to visit the nearest branch of Andhra bank along with your latest bank statement and earnings documents. The competent bank authority will re-examined your documents and increase your card’s credit limit.

Transaction charges for Andhra Bank MasterCard Electronic

The transaction charges details for this valuable card is given below.

Ø      Transaction charge for railway or air booking would be 2.50%
Ø      Add on card charge or fee would be INR 150
Ø      Transaction charge for cash advance would be 3% at Andhra Bank’s ATMs and for other bank’s ATMs would be 3% plus INR 50 as an added charge
Ø      Transaction charge for railway or air booking would be 2.50%

If you are going to apply for Andhra Bank MasterCard Electronic then you can visit at http://andhrabank.in/english/creditcards.aspx











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