Andhra Bank History, Founder, Corporate Identity, And More
Brief History
Bank was founded by Dr.Bhogaraju Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923 with a paid-up capital of Rs 1.00 lakh and authorized capital of Rs 10.00 lakhs. Since then Andhra Bank has grown leaps and bounds and presently it has a network of 1018 branches spread across India and a total business crossed Rs 20,000 crores.
Founder
Bhogaraju Sitaramayya was born on 24th November 1880 in Gundugolanu village, West Godavari District in Andhra Pradesh. He was a renowned Freedom Fighter and a very illustrious personality.
Corporate Identity
Togetherness is the theme of this logo where the world of banking services meets the realm of ever-changing customer needs and establishes a link that is like a chain, inseparable. the blue pointer on the top represents the philosophy of a bank that’s always looking for growth and newer and challenging more promising directions. The keyhole indicates safety and security. The colors red and blue represent effusion of dynamism and solidity.
Citizens’Charter
At Andhra Bank ‘Customer First’ is a state of mind producing an organization that is best in banking and our Staff commit themselves to be First in Service.
To become the customer of the Bank subject to satisfaction and fulfillment of the requirements of the Bank. Once admitted to the fold of the Bank as Customer the Bank strives to ensure the time to time.
To avail the services of the Bank subject to the rules and provisions laid down by RBI, Govt of India, and Bank’s policies from time to time. To be heard by the competent authority of the Bank subject to prior appointment.
To choose any of the Bank’s products and services and the right to have the knowledge about the products and services. To have knowledge about the provisions on grievances redressal of customers and right of access to it.
To get information regarding the rules and regulations framed by the Bank for various transactions relevant to customers. The right of the customers shall be subject to the limitation determined by law, framed by the Government, Reserve Bank of India, the Indian Bank’s Association, and Andhra Bank from time to time.