AB Savings Accounts

AB Kiddy Bank

Children upto the age of 18 years (only minors) Minors who have completed 10 years i.e., children in the age group of 10-18 years can open these accoun on production of proof of date of birth For minors who are below 10 years, the natural guardian should open and operate the account.

Doll

At the time of opening the account, an attractive doll will be given free of cost to each account holder for Doll contains a secret lock which can be opened only at the branch where the account is held.

Minimum balance Rs.100/-

Options available

1) Accident Insurance Coverage - Accident Insurance coverage for the child and the parent with M/s.United Indi cover of Rs.1.00 lakh

2) Life Insurance Coverage - Life Insurance coverage to the parent in the age group of 18-55 years. The sum assu or for accidental death and the premium payable is as below. Age Group 18-35 Years 36-50 Years 51-55 Years

Premium Payable (Rs 235 407 805

Service tax on service charges as applicable from time to time.

Interest Payable 4.00 % p.a. w.e.f., 03.05.2011. Deposits to the account

Can be made from any branch of Andhra Bank Premium Rs.32/- for the kid and guardian Service charges: Rs.20/- + ST as applicable from time to time. Service tax on service charges as applicable from time to time. For further details, contact the nearest Branch

AB Abhaya Plus
AB Abhaya Plus

AB Abhaya Plus is Savings bank account with Accidental Insurance facility covering death / partial or permanent disability. Premium Rs.18/- Service Charges Rs.18/- + Service Tax The maximum coverage is up to Rs 50000/-. Add value to your Savings account by opening this new abhaya plus savings scheme. Risk Covered Insurance cover Rs. 50,000 50,000

Nature of Disability due to accident Death Permanent total disability

Loss of two eyes/feet/hands

50,000

Loss of any two limbs out of Eyes/hands/feet 50,000 Loss of one eye/foot/hand 25,000

*Claim settlement subject to terms and conditions of United India Insurance Company Limited. For further details please contact nearest branch .
AB Easy Savings (No-frills account)

To make banking facilities available to vast sections of population our Bank introduced No Frills Savings A/c with name and style "AB Easy Savings Bank" account. Features

1. 2. 3. 4. 5. 6. 7. 8.

Minimum balance of Rs.5/No Charges on non maintenance of Minimum Balance No other service charges No Restrictions on the number of withdrawals in the account. Drawals only through withdrawal forms accompanied by pass book. No cheque book shall be issued No ATM / Debit card facility No ABB facility Relaxed KYC Norms,
o

Introduction by an existing account holder. The introducer's account with the bank should be at least six month old and should show satisfactory transactions. Any other evidence as to the identity and address of the customer to the satisfaction of the bank.

Conditions

1. 2.

The total balance in the account at any point of time should not exceed Rs. 50000/Total Credits in the account should not exceed Rs. 100000/-in a year. If either of the one, i.e. total balance or credits exceeds the set limits no further transaction will be permitted in the account. In such cases the customer has to close the account and open normal savings account fulfilling the complete KYC Norm

Abhaya SB Account

Eligibility Individuals, either single or joint Age Limit 5 to less than 70 years Insurance cover Rs. 25,000 /- per person Risk Covered Risk is covered only due to accident In case of Death Disability: a) Permanent b) Partial Premium / Service charges Premium Rs.9/- Service charges Rs.10/- + ST as applicable from time to time Periodicity The insurance charges are to be collected at the time of opening the account and on 31st August every year Insurance Year 1st September to 31st August every year Claim Information The information should be given within 90 days directly to the bank branch where the account is maintained. Claim Submission Rs. 25,000 /Rs. 25,000 /Rs. 12,500 /-

The claim document should be submitted within 180 days from the date of accident/ death to the bank branch. Value additions Cheque books/ International Debit card/ 24 hour ATM facility/ Utility payments through ATMs/ Instant Fund Transfer/ Any Branch Banking. Settlement of Claims is done by United India Insurance Company Ltd (UIICO), at their sole Discretion and Andhra Bank will only act as a facilitator. UIICO, reserves the right for Admission of claim and reject a claim in case of incomplete submission of documents Or misrepresentation of facts. This is not meant to be a prospectus. This is only a gist of the salient features. For further details and other conditions, contact your nearest Andhra Bank Branch.
AB Jeevan Abhaya

AB Jeevan Abhaya is a Savings Bank Account launched in association with M/s IndiaFirst Life Insurance Co. Ltd., which provides Group Life Insurance Cover with Accident Death Benefit. 1. What is "AB Jeevan Abhaya" Savings Bank Account? "AB Jeevan Abhaya" is a Savings Bank Account that provides Group Life Insurance cover and Accident Death Benefit. 2. Who can open AB Jeevan Abhaya Savings Bank Account? The Scheme is open to all those who are in the age group of 18 to 55 years. 3. What is the sum assured? The sum assured is Rs.1,00,000/- in case of normal death and accidential death also. 4. Do the person has to undergo any Medical Check-up? No Medical Check-up is required except a simple Health Declaration Form. 5. Do the person has to give Proof of age? Yes. Proof of age is required if there is a claim. 6. Do the person get any Policy certificate and any Surrender Value of the Policy?

No individual Policy will be given as this is a Group Policy and there will be no surrender value. 7. Who will settle the Claims? Settlement of claims is done by M/s IndiaFirst Life Insurance Co.Ltd., at their sole discretion and our Bank will only act as a facilitator.. 8. Can a person include his Family members in the Scheme? Yes. By opening a joint account and on payment of premium applicable for each joint account holder. 9. What is the premium payable? The premium is payable per annum according to three Age Groups: Age Group 18-35 36-50 51-55 Premium Payable 235/407/805/-

Apart from premium, a nominal Administrative Charges @40/- with Service Tax 12.24% per account is charged 10. What is the Insurance year? The insurance year is from 1st December to 30th November every year 11. What is the claims procedure? Intimation of death to be given to the Insurance Company within 90 days and the duly filled in claim form along with necessary documents to given to Insurance Company within 180 days through our Bank. Service tax on service charges as applicable from time to time
"AB Super Salary SB Account

Availability of the Scheme In all Branches

Type of Deposit Savings Bank Deposit Eligibility for salaried persons Salaried staff of any company/organization drawing salaries through our Bank. Initial Amount of Deposit. Account can be opened with Zero Balance. Benefits

1. 2. 3. 4. 5. 6. 7. 8.

No Ledger Folio/ Transaction charges. Free remittance up to Rs.25000/- per month. Free Internet Banking Facility. Free Access to non-Andhra Bank ATMs (Charges collected will be refunded). Free Statement of Account Once in a month Free Reply over e-mail to Balance queries Free issue of Cheque Books (50 leaves in a year ) Sweep and Reverse Sweep Facilities as available under AB Freedom (Flexi ) Deposit Scheme. 9. Free ATM /Debit Card (for first year). 10. Free Credit Card (Conditions apply) 11. Free Demat A/c (conditions apply) 12. Option to convert balance in excess of Rs.10,000/- as Term Deposits subject to the guidelines as applicable to AB Freedom (Flexi) Deposits 13. Depositors eligible for Retail Loans as per the guidelines of respective loan facilities. 14. OD facility at BMPLR once in a quarter. Overdraft will be equal to last drawn Net Salary and is to be adjusted in two installments with in a period of 2 months. Only employees whose net salary drawn is not less than 60% of their gross salary are eligible for OD facility. Additional Features:

Free online Trading A/c ( conditions apply) On line Tax payment NEFT and RTGS facilities are made available two times free of cost in a month Personalized Debit card will be issued on specific request of the Customer. Free personalized cheque books (50 leaves in a year for average Monthly balance of Rs.10,000/- and above) Life Insurance cover up to Rs.1.00 lakh as available under "AB Jeevan Abhaya" Scheme

of our Bank for the age group of 18 to 55 years. This facility is available at premium plus service charges as per AB Jeevan Scheme Rules, which are to be borne by the Customer.

Other Conditions

1. The Monthly salary of the Depositor should be credited directly to the account every month. 2. Copy of Pan Card and copy of Pass Port (if Depositor is having) should be obtained along with the application. 3. Permanent Address of the Depositor should be obtained and kept on record. 4. Average Minimum Balance of Rs.5000/- should be maintained except when the account is in debit balance. 5. Other terms and conditions as applicable to SB Deposit Accounts. .

For non-salaried persons

1. The above facilities are also available to Non-salaried class subject the following: a. Account will be opened with a minimum balance of Rs.5,000/- and not with ZERO balance. b. No overdraft facility is allowed since the source of regular inflow of funds is not available.

AB Current Accounts
AB Insurance Linked Current Account

Eligibility Individuals, JHF, Proprietary concerns, Partnership firms, Accounts of Overdraft/ Cash credit/ Pattabhi Agri Card Age Limit 5 to less than 70 years Insurance cover Rs. 1,00,000 /- per person Risk Covered

Risk is covered only due to accident In case of Death Rs. 1,00,000 /Disability: a) Permanent Rs. 1,00,000 /b) Partial Rs. 50,000 /Premium + Service charges Premium Rs.36/- Service charges Rs.30/- + ST as applicable from time to time Periodicity The insurance charges are to be collected at the time of opening the account and on 21st February every year Insurance Year 21st February to 20st February every year Claim Information The information should be given within 90 days directly to the bank branch where the account is maintained. Claim Submission The claim document should be submitted within 180 days from the date of accident/ death to the bank branch. Value additions Cheque books/ International Debit card/ 24 hour ATM facility/ Utility payments through ATMs/ Instant Fund Transfer/ Any Branch Banking. Settlement of Claims is done by United India Insurance Company Ltd (UIICO), at their sole Discretion and Andhra Bank will only act as a facilitator. UIICO, reserves the right for Admission of claim and reject a claim in case of incomplete submission of documents Or misrepresentation of facts. Minimum Balances to open Current Account :

Branch Located in Rural Semi Urban Urban Metro

Minimum Deposit (in Rupees) 1000/2000/3000/5000/-

The salient features are mentioned above. For further details, contact your nearest Andhra Bank branch.
AB Premium Current Account

Andhra Bank has introduced a Deposit Product " AB PREMIUM CURRENT ACCOUNT " The salient features of scheme : Title of the Scheme AB Premium Current A/c Type of Deposit Current Deposit Eligibility All constituents who are eligible to open accounts under our existing Current Deposit Scheme. Minimum Balance Minimum Balance - Rs. 100,000/Availability of The Scheme All Branches Facilities The insurance charges are to be collected at the time of opening the account and on 21st February every year 1. Free Cheque Book Facility

2. 3. 4. 5.

No Folio/ Transaction charges. Any Branch banking facility Instant Funds Transfer facility 50% concession in Service Charges for Funds Remittance Premium Current Account Holders can transfer their funds instantaneously among any of our CBS branches. They can transfer funds to their own accounts or to third party accounts within Our Bank 6. Free Internet Banking: 7. Free ATM or Debit Card (for first year ) Facility available for Premium Current Accounts held in favour of Individuals/Sole Proprietory Concerns. 8. Free Monthly Statement of Account. 9. Free Demat A/c (Conditions apply) 10. Free Credit Card (Individuals/Sole Proprietory Concerns- Conditions apply ) 11. Balance in excess of Rs.200000/- can be converted as Term Deposits (in units multiple of Rs.10000/-) subject to the guidelines as applicable to AB Freedom (Flexi) Deposit Scheme.

Other Terms and Conditions As applicable to normal Current Deposit Scheme.

AB Term Deposits AB Recurring Plus

AB "Recurring Plus" Scheme Recurring deposit scheme is meant for steady and gradual saving for individuals to build-up savings through regular monthly deposit of a fixed sum over a fixed period and mobilizing savings of those who get income on monthly basis and can afford to set apart a portion of their income. It helps the depositors to accumulate their savings over a period to meet future contingencies. It is handy even for Business Community, Firms, Companies, Educational Institutions and other Associations, who wish to build a corpus over a period of time to meet future requirements. Another major advantage in the scheme is the deposit amount carries rate of interest as in the case of other term deposits (as per the period of the deposit) while the interest accrued is not subjected to any TDS. This specific advantage provides a clear edge to Recurring Deposits over other forms of Term Deposits Penalty for closure within 6 months 0.50% on the outstanding balance subject to a minimum of Rs.50/- and maximum of Rs.500/The salient feature of Recurring Plus Deposit is that the depositor can step up installment amount upto 10 times of originally opted monthly installment amount. Availability of the Scheme

In all branches Eligibility As in the case of existing Recurring Deposit Schemes Period Minimum period of the deposit is 6 months and Maximum is 60 months. Rate of Interest As in the case of Term Deposits, depending upon the duration of deposit, as per extant guidelines. Senior citizens are eligible for additional rate of interest at 0.50% as per guidelines. Amount of Installment In multiples of Rs.100/- subject to a maximum of Rs.1,00,000/- The depositor can choose the Core Installment at the time of opening the account. The monthly installment cannot be below the core amount chosen at the time of opening the account. Step Up option The Depositor will have the option to step up the monthly installments subject to the minimum and maximum prescription as per the following guidelines.

The depositor can step up the installments up to 10 times of Core amount during any or all months before maturity of the deposit. Such amounts can be deposited in the account any number of times during the months subject to the following conditions: Total amount so deposited during a month shall not exceed 10 times the Core amount and The amount of deposits made during a month shall not be less than the Core amount For the sake of clarity, a depositor, opening the account with Core amount of Rs.100/-, shall not deposit installments aggregating to more than Rs.1,000/- and with Core Amount of Rs.1,00,000/-, shall not deposit installments exceeding Rs.10,00,000/-, in any month.

AB Freedom (Flexi) Deposit Scheme

Freedom(FLEXI)Deposit Scheme We are glad to inform you that our Bank has launched AB Freedom (Flexi) Deposit Scheme from 27.08.2008. The salient features of the scheme are : Nature of the Scheme A Savings Account and Term Deposit Account combined for convenience of customers Eligibility Individuals either jointly or single, Clubs, Associations, Trusts, Hospitals, Schools and Colleges who are eligible to open SB accounts. Special minors are not allowed to open accounts under this scheme. Unique Features 1. A Technology friendly product with Auto-sweep & Auto- Reverse sweep facility 2. Minimum balance to be maintained in Savings Bank (AB Freedom SB account) is Rs.5,000/3. Any amount in excess of minimum balance is transferred to Term Deposit Account in multiples of Rs.1,000/- units under Auto Sweep Facility (Minimum No. of Units for such transfer fixed is five i.e., Rs.5,000/-) 4. The account holder earns interest at domestic term deposit rates for units converted to Terms Deposit. Periodical interest payment will be allowed on quarterly basis 5. AB Freedom Flexi Fixed Deposit for 15 days to 12 months 6. AB Freedom Flexi Re-investment Deposit for 6 months to 12 months in multiples of quarters 7. Complete Liquidity- the deposit get broken in the multiples of Rs.1000/- on LIFO (Last in First Out) basis, while the remaining deposits continue to earn full interest 8. No documentation is required for cancellation of deposit units 9. No penalty for premature withdrawal of deposit units under Auto reverse facility 10. No deposit loans are allowed against Term Deposit units

11. No Deposit Certificate is issued 12. Account statement of Savings Bank and Term Deposit transactions will be issued 13. ATM / Debit Card is available 14. Nomination facility is available 15. Terms and Conditions apply

AB Double

We are pleased to announce a new Term Deposit Scheme AB DOUBLE with effect from 8th August 2008. This scheme is intended to all those depositors who are keen to see their amount doubled after a specified period of time so as to take care of their future commitments. The features of AB DOUBLE Scheme are as under: Type of Deposit

Reinvestment Deposit Scheme Eligibility All Constituents, who are eligible to invest under our existing KTD scheme. Amount of Deposit: Minimum Rs. 1000/- and in multiples thereof. Period of Deposits:

Senior Citizen : 99 Months w.e.f., 08.10.2010 Others : 105 Months w.e.f., 08.10.2010

Rate of Interest
As applicable for other domestic term deposits

Other terms & Conditions

As in the case of other Term Deposits

AB Money Time

"AB Money Time" Monthly Income Deposit Scheme Monthly Income Deposit will contribute to the sustenance or a source or regular income to the customers by way of Monthly income. Features of the scheme:

1. Interest on the deposit will not be paid for the first three months(it will be paid at the end of maturity period of deposit). On account of this, customer will be entitled to applicable rate of interest (without any discount) every month. This facilitates to earn higher amount of monthly interest than in the ordinary course of monthly payment of discounted interest. 2. Minimum deposit amount is Rs 25000/- and in multiples of thousand thereafter. 3. Minimum period of deposit is 1 year 3 months and maximum up to 120 months.

AB Tax Saver

Andhra Bank has launched a Term Deposit Scheme called "AB Tax Saver", offering Tax benefit to the assessees as per Union Government Notification No.203/2006 dated 28.07.2006. Salient Features of the Scheme : An Individual or A Hindu Undivided Family ( Only IT Assessees with PAN) Deposit amount should not exceed Rupees one lac in a year Lock in period is 05 years The deduction from income under Section 80C of the Act is available Rate of Interest under ' AB TAX SAVER ' Deposit Scheme is the same as that of Domestic Term Deposit.
AB Fixed Deposits

AB Fixed Deposits

Minimum Period 7 days (Minimum size of deposit is Rs.1,00,000/-). In all other cases minimum period is 15 days.

Maximum Period 10 years The minimum period is 6 months and maximum is 10 years The interest is compouned quarterly and paid on maturity of the deposit Interest will be paid on monthly basis (at discounted rate) or quarterly basis as desired by the depositor

AB Kalpataruvu Deposits

AB Kalpataruvu Deposits

This is a Cumulative Term Deposit Minimum Amount to be deposited is Rs.100 There is no maximum ceiling The minimum period is 6 months and maximum is 10 years The interest is compouned quarterly and paid on maturity of the deposit Prevailing Interest rates are as follows:

AB Recurring Deposits

AB Recurring Deposits There is no maximum ceiling The minimum period is 6 months and maximum is 10 years Interest is quaterly compounded Penalty for closure within 6 months: The depositor should opt for specified amount of monthly instalments subject to minimum amount. Amount once opted cannot be altered by the depositor. Penalty for closure within 6 months: Rs.10/- where the balance outstanding is less than Rs.100/Rs.20/- where the balance outstanding is between Rs.100/- to Rs.1000/Rs.50/- where the balance outstanding is more than Rs.1000/AB Other Schemes IndiaFirst Life Insurance Company Ltd.

IndiaFirst Life Insurance Company Ltd. IndiaFirst Life Insurance Company Ltd. is a Joint Venture company of our bank in association with Bank of Baroda and L&G a foreign partner and started its operations. IndiaFirst Life Insurance Company is 23rd entrant in the domestic life insurance industry. It has received all the regulatory approvals for starting the business in India. The initial paid up capital is Rs. 200 crs. The logo is represented by a three-coloured wave symbolic of the colours of three partnership companies. It symbolizes the dynamic nature that the company will maintain and a motto to always keep the customer first.

In this perspective, to keep pace with the market trend, our Bank has entered into Insurance joint venture with Bank of Baroda and Legal & General. The stake of our Bank is 30%, Bank of Baroda 44% and Legal & General 26% in the joint venture. Our Bank has now transferred our Corporate Agency to our Joint Venture Company after termination of our Agency arrangement with LIC of India. The products of IndiaFirst Life Insurance Company Ltd have versatile features, competitive premium rates, life insurance cover, and good returns on investment keeping in track with the prevailing market trends in the insurance sector. At present the following 3 products are introduced by IndiaFirst Life and these products are available at all our branches. 1. IndiaFirst Smart Save Plan 2. IndiaFirst Young India Plan 3. IndiaFirst Life Plan 1) IndiaFirst Smart Save Plan: It is a simple structured unit linked plan meant for long term protection and savings. The main features of the plan are as under Main features of IndiaFirst Smart Save Plan Age Limit of Life assured at the time of joining

At least 5 yrs and not more than 60 yrs on last birthday.

Age Limit of Policyholder at the time of joining 18 yrs as on last birthday Premium paying mode Plan term Regular / Limited Premium with half-yearly and Yearly paying modes Regular and Limited term : 15; 20; 25 yrs Single Premium : 15 yrs Regular Premium : 15,20,25 yrs Limited Premium : 7 & 10 yrs Single Premium : One time payment only Regular Premium : Rs. 12,000/Limited Premium : Rs. 15,000/Single Premium : Rs. 45,000/- (one time only) No limit

Premium paying term Minimum Annualized Premium Maximum annualized Premium

Systematic Investment Plan

SIP option is available Half-yearly; Yearly and one time investment options are available. It allows the policyholder to decide the amount to be invested across five different funds Debt 1, Equity 1, Balanced 1, Index Tracker and Value fund. Switching between funds available. Regular & Limited type of Plan Higher of [105% of (premium paying term x annualized premium) or (10 x annualized premium)] Single Plan For Age less than 45 yrs at the time of applying for the plan 125% of Single Premium and for Age 45 yrs & above, the Sum Assured is 110% of the single premium. The maximum Sum Assured is set at X times the annualized Regular, Limited & Single premium policies. Where X is Plan Type Regular Limited Upto 45 yrs 40 25 5 46-50 yrs 30 15 5 51-55 yrs 25 11 1.1 56-60 yrs 20 11 1.1

Minimum Sum Assured - calculation

Maximum Sum Assured Calculation

Single

In case of emergency the policyholder can withdraw partially after completion of five years. Rs. 5000/Minimum withdrawal Maximum withdrawal Regular / Limited Premium Upto 25% of the fund value, only if the fund is left with a minimum balance equal to 110% of your annual premium after withdrawal. Fund value after the withdrawal should not be less than Rs. 45,000/-

Maximum withdrawal Single Premium Partial Withdrawals

Maturity Benefit

At the end of the plan term the policyholder receives the fund value. The policyholder can opt The entire fund value as a lump sum payment. Settlement Option in the form of installments over a

period of time. During this period, the fund management and policy administration charges will be charged. The fund value or the Sum Assured, which ever is higher is paid to the family / nominee on the death of the Life Insured. If the Life Insured is above 60 yrs of age the death benefit payable is after deduction of all partial withdrawals by policyholder. If the Life Insured is below 60 yrs of age then the death benefit payable is after deduction of withdrawals made during the 24 months preceding to death. Premium invested : Section 80 C Maturity benefits received : Section 10 (10D) 5th year onwards 3.5% Allocation Charges Commission Single Premium 2%

Death Benefit Tax Benefits

Allocation Charge and Commission structure 1st 2nd 3rd 4th Year Year Year Year Allocation Charges on the 6.7% product Commission Payable to Bank 5% 4% 4% 4%

3%

2%

2%

1%

2%

2) IndiaFirst Young India Plan: It ensures that the family of the insured receives financial support as planned. The main features of the plan are as underMain features of IndiaFirst Young India Plan Age Limit of Life assured at the time of joining Age Limit of Life assured at the end of the Plan term Premium paying mode Plan term Minimum / Maximum Annualized Premium

At least 18 yrs and not more than 55 yrs on last birthday.

65 yrs as on last birthday Half-yearly and Yearly paying modes 10;15; 20; 25 yrs Rs. 12,000/- / No limit

Systematic Investment Plan SIP option is available Half-yearly; Yearly and one time

investment options are available. It allows the policyholder to decide the amount to be invested across five different funds Debt 1, Equity 1, Balanced 1, Index Tracker and Value fund. Switching between funds available. Regular & Limited type of Plan Higher of [105% of Minimum Sum Assured - (premium paying term x annualized premium) or (10 x calculation annualized premium)] The maximum Sum Assured is set at X times the annualized Where X is Upto 45 yrs Maximum Sum Assured Calculation 40 46-50 yrs 30 51-55 yrs 25

In case of emergency the policyholder can withdraw partially after completion of five years. Minimum withdrawal Maximum withdrawal Rs. 5000/Upto 25% of the fund value, only if the fund is left with a minimum balance equal to 110% of your annual premium after withdrawal.

Partial Withdrawals

Additional Benefit

The Future premiums are paid by the Company on death of life assured or total and permanent disability due to an accident. Life Assured should opt for one of the two options available under Additional Benefit at the beginning of the plan based on which the fund value will be paid to the beneficiary on death of the Life Assured. At the end of the plan term the policyholder receives the fund value. The policyholder can opt The entire fund value as a lump sum payment. Settlement Option in the form of installments over a period of time. During this period, the fund management and policy administration charges will be charged. The Sum Assured will be paid to the beneficiary / appointee of minor on the death of the Life Insured. Additional Benefit : Two options are given Option I : Fund value is paid out and plan terminates. Option II : All future premiums are paid to the plan by creating units under funds as exist on that time. The fund

Maturity Benefit

Death Benefit

value will be paid at maturity date. This option ensures that the beneficiary receives the fund value as planned by the life assured, at the end of the plan term. The beneficiary has no option to exercise any fund related option except receiving the policy money as decided by the life assured prior to death. Tax Benefits III) Common Risk Factors : The premiums paid in Unit Linked Plans are subject to investment risks associated with capital markets. The value of the units may go up or down based on the performance of the fund. Other factors influencing the capital market also affect the value of the units. Hence, the policyholder is responsible for all your decisions. None of our funds offer a guaranteed or assured return. Under this plan the investment risk across various funds is to be borne by the policyholder. The past performance of our funds does not necessarily indicate the future performance of any of these funds. Insurance is subject matter of solicitation. 5th year onwards 3.5% 1% Premium invested : Section 80 C Maturity benefits received : Section 10 (10D)

Risk factors

Allocation and Commission Structure 1st Year Allocation Charges on 6.7% the product Commission Payable to Bank 5% 2nd Year 4% 3% 3rd Year 4% 2% 4th Year 4% 2%

3) IndiaFirst Life Plan:

1. Salient Features : 1. Life cover benefit for a period of up to 30 yrs at reasonable premium. 2. NO MEDICALS for Sum Assured upto Rs. 20.00 lacs for age group between 035 yrs and for Sum Assured upto Rs. 10.00 lacs for age group between 36- 45 yrs. 3. Death Benefits payable in lump sum in case of any unfortunate event. 4. Tax benefit under Section 80 C on premium paid. 5. Tax benefit on sum assured under Section 10 (10D).

Term of the Plan : Between 5 yrs to 30 yrs.

Maximum Maturity Age : Maximum maturity age should not be more than 70 yrs. Life Cover Minimum Life Cover or Sum Assured is Rs. 5.00 lacs and Maximum Rs. 20 crs. Premium - Both Regular and Single Premium payment facility is available. Minimum premium under IndiaFirst Life Plan is Monthly Rs. 500/Rs. 5000/The Premium calculator available with the Branches / BDMs. Premium Calculator The Premium calculator will require the following details for arriving at Premium amoun Date of Birth of Life Insured Age of the Life Insured Policy Term or Premium Paying Term Premium Mode = Regular / Single Premium frequency = Yearly / Six- Monthly / Monthly Sum Assured Gender of Life Insured = Male / Female Customer = Individual Calculation of Premium : Example : HalfYearly Rs. 1,000/Yearly Rs. 2,000/-

Mode Regular Single

1. 2. 3. 4. 5. 6. 7. 8.

1. Date of Birth of Life Insured 30.04.1980 2. Age of the Life Insured 30 yrs 3. Policy Term or Premium Paying Term 20 yrs 4. Premium Mode = Regular 5. Premium frequency = Yearly 6. Sum Assured = Rs. 5.00 lacs 7. Gender of Life Insured = Male 8. Customer = Individual 9. Premium inclusive of Service Tax = Rs. 1,197/10. If Gender of Life Insured = Female 11. Premium inclusive of Service Tax = Rs. 1,070/

Female Life Female lifes with earned income will be covered under IndiaFirst Plan. Housewives can opt for cover with husband being the proposer and the sum proposed should be equivalent to husbands existing insurance cover. Non Resident Indians NRIs are permitted to take policy cover for maximum Sum Assured of Rs. 25 lacs only for which copy of valid passport, PIO card, OCI card and other KYC norms & guidelines have to be followed.

Sum Assured Table showing Age and the Annual Income for reckoning Sum Assured and the documents to be submitted is given below Multiple of Annual Income 20 times 15 times 12 times 10 times 5 times On merit SA 15 to 25 lacs Financial Questionnaire signed by Life Assured / Proposer & attested by BDM in prescribed format SA above 25 lacs 1. Financial Questionnaire signed by Life Assured / Proposer and attested by BDM in the prescribed format. 2. Documents required 2.1 Standard Income Proof 2.2 Additional Income Proof

Age Upto 35 36 40 41 45 46 50 51 60 Above 60 SA less than 15 lac No financial documents required

1. Medical Requirement Based on Sum Assured and age at entry Medical tests have to be undergone. 2. Mode of Premium payment Under Regular Premium mode Monthly ECS or Direct Debit mandate, Half-yearly and Yearly premium payment facility is available. 3. AML Guidelines AML / KYC guidelines are applicable only for IndiaFirst Life Single Premium Plan. Photo ID is compulsory. 4. Grace period 30 days grace period is given for half-yearly and yearly premium payment modes and 15 days grace for monthly premium payment modes. The grace period starts from the due date of each premium payment. All the Plan benefits will continue during this grace period. The life cover ceases once the grace period is over and the premium is unpaid. 5. Revival of Plan & full filling basic requirements The Plan can be revived within a specified period of 2yrs from the due date of the first unpaid premium but before the maturity date. It can be done by paying the unpaid premium amount or by regular payment of premiums thereafter. However, the revival is subject to satisfaction of medical and financial requirements raised by the IndiaFirst Life Insurance Company Ltd. 6. Cancellation of Plan The Plan can be cancelled within first 15 days (free look period) on receipt of plan document. The premium will be refunded after deduction as follows {Premium paid minus (Premium for coverage period +charges towards medical examination +

stamp duty charges)} 1. Surrender Value In case of Regular Premium NO surrender value is payable. For Single Premium mode the Surrender Value is payable after 3rd Plan year and before the end of the Plan term. It is calculated as Surrender Value = 40% x Premium paid x unexpired term Total Term 2. 3. Death Benefits In case of any unfortunate event leading to death of the Life Assured during the term of the Plan, the nominee shall receive a lump sum amount equal to the sum assured. 4. Survival Benefits There is no maturity or survival benefit payable under this plan. This is a non participating pure term assurance plan. 5. Tax Benefits Premium paid under Life Plan is eligible for Tax deduction upto Rs. 1.00 lakh under Section 80 C and the Death benefits are also Tax free under Sec 10 (10D) of the Income Tax Act, 1961. However, they are subject to changes from time to time. 6. Loan Benefits No Loan facility is available under this Plan. 7. Multiple Policies A person can hold any number of IndiaFirst Life Plan policies on their name. 8. Age Proof - Only standard age proofs as mentioned in Annexure -4 will be accepted. 9. Suicide by Life Assured - If the Life Assured commits suicide within 12 months from the date of inception of the plan or from the date of reinstatement, no Death benefit will be payable under this plan, except for single premium mode where in surrender value will be paid, irrespective of Life Assured being sane or insane at the time of death. 1. Prohibition to accept rebates Under Sec 41 of the Insurance Act, 1938, a person is prohibited to accept rebate on whole or part of commission payable or any rebate of premium shown on the Policy, nor shall any person taking or renewing or continuing a policy can accept any rebate, except such rebate as may be allowed in accordance with the published prospectus or tables of the insurer. Any Person is found not complying with these guidelines will be punished with a fine extending upto an amount of Rs. 500/

Submission of Incorrect Information No policy of Life Insurance shall, after the expiry of two years from the date on which it was effected, be called in question by an Insurer on the ground that a statement made in the proposal for insurance or any report of a medical officer or referee or friend of the Insurer or in any other document leading to the issue of the Policy, was inaccurate or false, unless the insurer shows such statement was on material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policy holder and that the policy holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose. Provided that nothing in this section shall prevent the insurer from calling for

proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms and conditions of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the proposal. Application Form Common application form presently being used for IndiaFirst Smart Save Plan and IndiaFirst Young India Plan shall be used for IndiaFirst Life Plan also.

COMMISSION TO BANK : Plan Commission Payable to Bank Yr 1 12% Yr 2 7% Yr 3 6% Yr 4 to 10 5% Yr. 11+ 1% Single Premium 2%

AB Bancassurance Non Life

To provide a host of various financial products and services to our customers, Andhra Bank has tied up with M/s United India Insurance Co. Ltd as their Corporate Agent. Under the arrangement, various Non-life & General Insurance products of M/s United India Insurance Co. Ltd is available in select branches of our Bank catering to the various needs of our customers. Some of the leading products of M/s United India Insurance Co. Ltd , marketed by our Bank are:Standard Fire & Special Perils Policy For insuring Houses/Flats and covers various perils like Fire, Lighting, Explosion, Cyclone, Earthquake Householders Insurance Policy Covers property/articles in Houses/Flats like Bulgary,, breakdown of domestic appliances like T.V., Personal Computers etc. Shopkeepers Policy Offers variety of covers which are required by Shopkeeper who are dealing in non-hazardous goods

UniCare Policy This is a package insurance policy to meet insurance requirements under a single simplified package

Electronic Equipment Insurance Policy This policy is specifically designed for electronic equipments like Computers, Medical, Biomedical, Microprocessors, Audio/Visual equipments etc. Contractors All Risk Insurance Policy This policy is useful for insuring Civil Engineering Projects like Building, Bridges, etc. Insuring of Loan Assets All our Borrowers can insurance their loan assets -(Primary & Collateral security) with M/s United India Insurance Company Ltd through our Bank