page_title: Andhra Bank
section_title: Products and services
hierarchical_section_title: Andhra Bank / Products and services
caption_attribution_description: English: Andhra Bank Complex at Dwaraka nagar, Visakhapatnam
context_page_description: Andhra Bank was a medium-sized public sector bank of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines as of 31 March 2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. The bank operated in 25 states and three Union Territories. Andhra Bank had its headquarters in Hyderabad, Telangana, India. As per the announcements made by Minister of Finance in August 2019, Andhra Bank merged with Union Bank of India in April 2020.
  The Government of India owned 90.85% of its share capital as on 31 March 2019. The state owned Life Insurance Corporation of India holds 7.80% of the shares. The bank had done a total business of ₹3,106 billion and has earned a net profit of ₹5.40 billion for the Financial Year 2015–16.Cabinet approved merger of Andhra Bank & Corporation Bank into Union Bank on 04.03.2020.Board of directors of bank earlier approved merger into union bank on 13.09.2019.
context_section_description: Andhra Bank introduced Internet Banking Facility (AB INFI-net) to all customers of cluster linked branches. Rail Ticket Booking Facility is made available to all debit card holders as well as to internet banking customers through IRCTC Website through a separate gateway. Corporate Website is available in English, Hindi and Telugu Languages communicating Bank's image and information.  Bank has been given 'BEST BANK AWARD' a banking technology award by IDRBT, Hyderabad for extensive use of IT in Semi Urban and Rural Areas on 2 September 2006. IBA Jointly with TFCI has conferred the Joint Runner-up Award to the Bank in the Best Payments initiative category in recognition of outstanding achievement of the Bank in promoting ATM Channel.
caption: Andhra Bank Complex at Dwaraka Nagar, Visakhapatnam
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