Andhra Bank’s Branch Network
Andhra Bank is one of the well-known public sector banks in India. It has a broad network of branches spread across the country and overseas. The bank provides various banking services, including personal, corporate, and agricultural banking, to its customers. Andhra Bank has always been at the forefront of providing quality banking services to its customers.
History of Andhra Bank
Andhra Bank was established in 1923 in Machilipatnam, a small town in Andhra Pradesh. The bank was set up to cater to the banking needs of the people in the region. In 1964, the bank became a nationalized bank, and since then, it has been one of the leading public sector banks in India.
Expansion of Andhra Bank’s Branches
Andhra Bank started its journey with just one branch in Machilipatnam and gradually expanded its network to other parts of the country. The bank’s expansion was mainly driven by the government’s policies to increase financial inclusion in the country. Andhra Bank has always been proactive in opening branches in unbanked areas to promote financial inclusion.
Current Status of Andhra Bank’s Branches
As of March 2021, Andhra Bank has a network of 2,814 branches across the country and overseas. The bank has a significant presence in rural areas, urban areas, and metro cities. Andhra Bank’s branches are spread across all regions of the country, catering to various banking needs of its customers.
Number of Domestic Branches of Andhra Bank
Of the total 2,814 branches, Andhra Bank has 2,760 domestic branches spread across the country. These branches provide a range of banking services, including savings and current accounts, loans, and other financial products.
Number of Overseas Branches of Andhra Bank
Andhra Bank has 54 overseas branches spread across 17 countries. These branches cater to the banking needs of Non-Resident Indians (NRIs) and others. Andhra Bank’s overseas branches provide various services, including remittances, foreign exchange, and trade finance.
Andhra Bank’s Branches in Rural Areas
Andhra Bank has always been committed to promoting financial inclusion in rural areas. The bank has a significant presence in rural areas with 1,939 branches catering to the banking needs of the rural population.
Andhra Bank’s Branches in Urban Areas
Andhra Bank has a total of 875 branches in urban areas, catering to the banking needs of the urban population. These branches provide a range of banking services, including loans, savings and current accounts, and other financial products.
Andhra Bank’s Branches in Metro Cities
Andhra Bank has a presence in all major metro cities in India. The bank has 372 branches spread across these cities catering to the banking needs of the people in these cities.
Andhra Bank’s Branches in Tier II and III Cities
Andhra Bank has a significant presence in tier II and tier III cities. The bank has 1,567 branches spread across these cities catering to the banking needs of the people living in these areas.
Andhra Bank’s Branches in North, South, East, and West India
Andhra Bank has a broad network of branches spread across all regions of the country. The bank has 825 branches in North India, 1,027 branches in South India, 534 branches in East India, and 428 branches in West India.
Conclusion: Andhra Bank’s Wide Branch Network
In conclusion, Andhra Bank has a broad network of branches spread across the country and overseas. The bank has always been at the forefront of providing quality banking services to its customers. Andhra Bank’s presence in rural areas, urban areas, and metro cities makes it a reliable and convenient banking partner for its customers.
