T.V.S Chandrasekhar, Andhra Bank

T.V.S Chandrasekhar, Chief General Manager, Andhra Bank, Hyderabad, Andhra Pradesh. Andhra Bank has introduced new loan scheme captioned as ‘AB Professional Loan’. The scheme is designed to meet the credit requirements of practicing professionals like CAs, Cost Accountants, Company Secretaries, Engineers, Architects, Management consultants, and valuers etc. The loan covers varied purposes like establishment the office premises, furnishing the office premises, purchase of tools & books, expenses related to travel working capital for carrying out their operations etc. The loan is hassle free and is a walk in & takes out product. The credit limit can be availed as a term loan repayable over a period of 60 months, overdraft or both as per the convenience of the professional. The maximum loan amount is Rs. 10 Lakh. Total exposure should not exceed two times of the average annual interest.