Andhra Bank is a medium-sized public sector bank (PSB) of India, with a network of 3,222 branches and about 4,000 ATMs spreads in 25 states and three union territories in India. The headquarters of the bank is situated in Hyderabad city of Telangana, India. On 30th August 2019, Indian Finance Minister Ms. Nirmala Sitharaman had declared the plans to merge Andhra Bank and Corporation Bank with Union Bank of India. The proposed merger would make Union Bank of India as the fifth largest public sector bank (PSB) in India.
Andhra bank was founded by the eminent freedom fighter Dr. Bhogaraju Pattabhi Sitaramayya on 20 November 1923 in Machilipatnam, Andhra Pradesh. In 1980, the bank has been nationalized and the bank became a wholly-owned Government bank. Now, 90.85% of its share capital has owned by the Government of India and 7.80% share holds by the Life Insurance Corporation of India (LIC). The total asset of the bank is ₹222,126.13 crore as of FY 2016-17. The employee strength of the bank is about 20981 by FY 2016-17.
5-9-11, Dr Pattabhi Bhavan
Secretariat Road, Saifabad
Hyderabad - 500 004, Telangana
Phone No: 040-23252000
Toll Free Numbers:
1800 425 1515 (Tele Banking)
1800 425 1515 (Credit card support)
1800 425 7701 (Pension related issues)
|State Name||Total Branches|
|Dadra And Nagar Haveli||1|
|Jammu And Kashmir||4|
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