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