Manage Money

Bank Name

Holiday Loan from Andhra Bank in Aizawl

The largest and the capital city of the Indian state of Mizoram is Aizawl. It is the states center of administration and houses all the important government offices such as the civil secretariat and the state assembly house. The population of Aizawl is around 3 lakhs and it strongly reflects the various communities of the ethnic Mizo people. 93% of the population is Christian. The city is located in between the Tlawng river valley and the Tuirial river valley. It has a mild sub-tropical climate but also experiences heavy rainfall. The economy of Aizawl is primarily sustained by government services. The major banks are located within Aizawl, employing many residents. The tourism industry is a flourishing trade in the scenic city of Aizwal, which has many hotels that further boost the citys economy. The city is moderately connected to the neighboring areas and the government is working on improving the connectivity. The various places of tourist interest in and around Aizwal are Solomons Temple, Baktawng Village, Durtlang Hills, Bara Bazar, Mizoram State Museum, etc.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Home Loan in Aizawl, 28 October 2021 from Andhra Bank

The Andhra Bank had been nationalized in April 1980. It narrowly escaped nationalization in 1969, when all the banks were having deposits of 50 crores and above were nationalized. It was the number one bank among private sector banks from 1969 to 1980. In 1980, more banks with deposits of 200 crores were nationalized. Andhra Bank has its head office in Hyderabad, Telangana, India. C V R Rajendran, chairman and managing director of Andhra Bank was appointed by the finance ministry, earlier worked as executive director at Bank of Maharashtra. The Andhra Bank was the prominent bank in introducing credit cards in India. Also, it is the first bank to issue travelers cheques in Foreign Currency and to launch insurance linked deposit schemes. Though it used to have most of its branches in Andhra earlier, now it has spread itself all across the country. Bhogaraju Pattabhi Sitaramayya founded Andhra Bank in 1923 in Machlipatnam, Andhra Pradesh. Two of Indias public sector banks ? Bank of Baroda (44%) and Andhra Bank (30%), and UKs financial and investment company (26%) established IndiaFirst Life Insurance Company as a joint venture in November 2009.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs