Savings Account Name | Minimum Balance Requirements | Features |
AB Diamond Savings Bank Account. | Average Quarterly Balance of Rs.3 lakhs. | Waiver of SMS charges and annual ATM, Debit card maintenance chargesFree insurance cover worth Rs.5 lakhsunlimited personalized cheque book. |
AB Platinum Savings Bank Account. | Average Quarterly Balance of Rs.5 lakhs | Priority Locker allotmentFree accidental coverage of Rs.10 lakhsFree life insurance cover of Rs.2 lakhs. |
AB Kiddy Bank. | Rs.100 | Free doll with every savings accountInterest of 4% per annumDeposits can be made at any Andhra Bank branch. |
AB Abhaya Plus. | – | Accidental insurance facilityMaximum insurance cover worth Rs.50,000. |
AB Easy Savings No Frills. | Rs.5 | No charges on minimum balance non-maintenanceRelaxed KYC normsNo restrictions on number of withdrawals. |
Abhaya SB Account. | – | Insurance cover worth Rs.50,000Premium for insurance at Rs.15 onlyInternational debit card and cheque book facilities. |
Abhaya Gold SB Account. | – | Insurance cover worth Rs.1 lakh per personPremium at Rs.45 per annum onlyAny branch banking facility. |
AB Jeevan Abhaya. | – | Sun assured of Rs.1 lakhNo medical check up needed for insurance. |
AB Super Salary Account. | Average Minimum Balance of Rs.5000 to be maintained. | No ledger transaction chargesZero Balance AccountFree debit card, credit card and demat account. |
Abhaya First Wealth Pack. | – | Combines the benefits of four productsThe term is 10 years with annual instalments.Three variants in different denominations. |
AB Jeevan AbhayaDouble +. | – | Nominal premium amount for life insurance coverage of Rs.5 lakhsTax benefitsPersonalized cheque books and RTGS, NEFT facilities. |
AB Jeevan Abhaya Triple +. | – | Life insurance coverage of Rs.10 lakhsNominal premium ratesSMS, internet and mobile banking facilities. |
AB Little Stars & AB Teens. | Rs.500 in urban and metro areas and Rs.250 in rural and semi-urban areas. | RuPay ATM cardsInternet and mobile banking facilitiesExclusive passbook and withdrawal booklet. |
Savings Account Name | Eligibility |
AB Diamond Savings Bank Account. | High net worth individuals, well-paid salaried applicants of reputed companies/organizations Societies, educational institutions and charitable trusts. |
AB Platinum Savings Bank Account. | High net worth individuals, well-paid salaried applicants of reputed companies/organizations Societies, educational institutions and charitable trusts. |
AB Kiddy Bank. | Children under the age of 18 (minors) can apply for this account. |
AB Abhaya Plus. | – |
AB Easy Savings No Frills Account. | As per KYC Norms. |
Abhaya SB Account. | The applicant’s age should be 5 to 70 years. |
Abhaya Gold SB Account. | The applicant’s age should be 5 to 70 years. |
AB Jeevan Abhaya. | This scheme is for customers aged between 18 to 55 years. |
AB Super Salary SB Account. | Salaried applicants or any organization or company drawing salary through Andhra Bank. |
Abhaya First Wealth Pack. | The applicant’s age should be between 18 to 59 years. |
AB Jeevan Abhaya Double Plus. | Customers who are in the age group of 18 to 55 years. |
AB Jeevan Abhaya Triple Plus. | Customers who are in the age group of 18 to 55 years. |
AB Little Stars and AB Teens. | Little stars account can be opened by customers between 10 to 15 years and Teens account can be opened by customers between 15 to 18 years. |