Margadarsi Chit Fund Limited @ Miyapur

Margadarsi Chit Fund Limited Over three decades ago, Margadarsi Chit Fund showed the people of Andhra Pradesh the way for a happier life. Guided by the vision and determination of Sri Ramoji Rao, Margadarsi made its humble beginning in October, 1962, in a small office with just two people working. To him can be credited pioneering the concept of chit funds in the state as never done before. Now it has become a household name in Andhra Pradesh. Far from being a popular form of planning that it is today, chit funds was a little known concept when Margadarsi unfolded it in Andhra Pradesh. But with the passage of time and experience, chit funds became popular as people discovered in it an ideal way to save profitably and raise money at short notice to meet the contingencies. Many companies followed suit and chit fund companies sprung up like mushrooms. In this vast changing scenario, Margadarsi’s unchanging values like honesty of performance, professional integrity, high quality of service and absolute financial discipline helped in retaining its leadership position. Margadarsi enjoyed exponential growth over the years and today employs 3,600 employees, and has 3,000 agents, 98 Branches, over 3,80,000 subscribers and a turnover of over Rs. 3100 crores. Margadarsi is not only No.1 Chit Fund Company, but also a household name in Andhra Pradesh. DOOR NO.1-58/19/101,MEGA HILLS COMMERCIAL COMPLEX 1ST FLOOR,MUMBAI NATIONAL HIGHWAY NO.9,MIYAPUR Pin-500049 Margadarsi Chit Fund Limited @ Miyapur Phone Number 40-23449315

0

SNo: Scheme Subscription Months Chit Value Members 1. STM 2,000 25 50,000 25 2. STP 4,000 25 100,000 25 3. STT 10,000 25 250,000 25 4. FTQ 1,250 40 50,000 40 5. FTW 2,500 40 100,000 40 6. LTB 5,000 50 250,000 50 7. LTT 10,000 50 500,000 50

Andhra Bank @ Miyapur

"Andhra Bank" was founded by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi 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 an authorised capital of Rs 10.00 lakhs. The Bank crossed many milestones and the Bank's Total Business as on 31.12.2007 stood at Rs.75,225 Crores with a Clientele base over 1.65 Crores. The Bank is rendering services through 2046 Business Delivery Channels consisting of 1343 branches, 73 Extension Counters, 592 ATMs and 38 Satellite Offices spread over 21 States and 2 Union Territories as at the end of December, 2007. All Branches are 100% computerized, 1186 units viz., 1101 Branches, 70 Extension Counters, 15 Service Centres networked under Cluster Banking Solution and providing "Any Branch Banking(ABB)". Real Time Gross Settlement (RTGS) Facility and National Electronic Fund Transfer (NEFT) facility has been introduced in 680 Branches. To provide value-added services to Customers, the Bank has set up its own 592 ATMs as on 31.12.2007. Of which 03 Mobile ATMs and two with Biometric access.Besides, ATM sharing arrangements with several Banks including SBI group, IDBI Bank, UTI Bank, HDFC Bank, Indian Bank and others under National Financial Network Switch covering 24856 ATMs.

Andhra Bank Miyapur Branch is located near Digital Shoppy near Miyapur Busstop.

Andhra Bank is a pioneer in introducing Credit Cards in the country in 1981 and the business turnover under Credit Cards related business increased by 19.16% to Rs.986 Crore.

The Bank opened its Representative Office in Dubai in May, 2006 and has received permission from Reserve Bank of India for opening Representative Offices at New Jersey (U S A).

Our 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 through IRCTC Website through a separate gateway. Our Bank's Corporate Website is available in English, Hindi and Telugu Languages communicating our Bank's image and information. Our 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 02.09.2006. IBA Jointly with TFCI has conferred the Joint Runner-up Award to the Bank in the Bet Payments initiative in recognition of outstanding achievement of the Bank in promoting ATM Channel. Bank successfully conducted " Bancon 2006", a two day event at Hyderabad, deliberating on Inclusive Growth - A New Challenge.

Bank in partnership with Kingfisher Airliens has launched a special facility "Quik Ticket" to book Kingfisher Airliens tickets through any of Andhra Bank ATMs by using Andhra Bank Debit/ATM Card or any VISA Card.

Kiddy Bank Scheme, with insurance benefits, was relaunched to inculcate savings habit among the children.

Bank has also launched "Smart Card" under Financial Inclusion at Geesukonda Mandal of Warangal District (A.P.) and proposes to extend the same to other areas.

As a part of Financial Inclusion, Bank adopted two districts i.e., Srikakulam in Andhra Pradesh and Ganjam in Orissa State and achieved 100% coverage. Bank also established the first "Financial Literacy-cum-Credit Counseling Centre" in Srikakulam Distrcit in Andhra Pradesh.

Andhra Bank, along with A P State Government, NABARD, Canara Bank, Indian Bank, IOB and SBH sponsored the Andhra Pradesh Banker's Institute of Entrepreneurship Development, which will offer training to unemployed youth for improving their skills in Andhra Pradesh.

Our Bank has finalized an MoU with Hewlett-Packard India Ltd., for implementing a comprehensive Core Banking Solution through Finacle. This initiative will enable the Bank to achieve signifcant cost advantagers and better business outcome in the dynamic banking arena in the country. This will also benefit the customers, who will have access to banking and financial services anytime, any where through multiple delivery channels.

Bank is celebrated "AB Bima Utsav" from 15.10.2007 to 31.12.2007 - a special campaign for marketing of LIC Policies and other insurance linked schemes of the Bank like AB Arogyadan, AB Jeevan Abhaya, AB Abhaya Gold.

Our Bank adopted Gundugolanu village, West Godavari District, Andhra Pradesh - birth place of Dr.Bhogaraju Pattabhi Sitaramayya for all-round development. A comprehensive budget with an outlay of Rs.5.50 Crore is finalized for improving health, sanitation, education and social service facilities in the village.

Bank issued 27.26 lacs of ATM/Debit Cards.

Bank extended financial assistance to 120926 Self Help Groups to the tune of Rs.744 Crore.

Bank introduced low cost comprehensive health insurance scheme for all credit linked Self Help Groups under the name "Swashya Bima Yojana".

Bank has launched two new Agri products -"AB Kisan Rakshak" - a debt swapping scheme for farmers and "AB Mahila Soubhagya" - a debt swapping scheme for SHGs on 15.12.2007 for the benefit of Self Help Groups. These schemes are intended to reduce the interest burden of the less privileged sectors of the society.

Bank ranked First in LIC of India - Bancassurance business, in the Country on the basis of First Premium Income. Bank has mobilized 137642 LIC Policies in this Financial Year.

Andhra Bank will open its Representative Office in New Jersey City in United States shortly. Bank feels United States would be an ideal location as Andhra Bank has been a household name among many NRIs there. A foothold in New Jersey is strategic for the 84 year old bank as it has a large number of non resident Indians from Andhra Pradesh.

Thus our Bank accords utmost concern to customer satisfaction by offering innovative and need based financial products and services using state-of -the art technology.

Founder

Dr Bhogaraju Pattabhi 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 logo also denotes a
bank that's prepared to do anything, to go to any lengths, for the customer. 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 colours red and blue represent fusion of dynamism and solidity. At a time when the performance of the bank, the prospects of the bank, and even the
perceptions of the bank are vibrantly different, and poised as we are at the threshold of a new millennium, this modernized logo is a tribute to the Andhra Bankers who are the true creators of the image of the bank.

Dr. K. Ramakrishnan - Chairman & Managing Director

Shri K Ramakrishnan took charge as Chairman and Managing Director of Andhra Bank in June,2005. Brief profile of our Chairman and Managing Director is :

Shri K Ramakrishnan, B.Com(Spl), MBA(Gold Medalist)(First Class First) has been conferred "Doctorate of Letters" by Acharya Nagarjuna University for contribution in the field of Banking. Dr.K. Ramakrishnan joined Bank of India in 1970. He was appointed Executive Director of Bank of Baroda in 2004 before taking chargeat Andhra Bank as Chairman & Managing Director. During his appointment in Bank of Baroda, he was Chairman, Bank of Baroda(Kenya) Ltd., and Chairman, BOB Housing Fianance Ltd.,

A widely travelled man with academic bent of mind, Mr Ramakrishnan attended programmes at National Institute of Bank Management, Pune and Institute for Development Policy and Management, University of Manchester, UK.

Dr. K Ramakrishnan is also Chairman, State Level Bankers' Committee, Andhra Pradesh and a visiting faculty at Central University, Hyderabad.

Dr. Ramakrishnan will be the Chairman and Managing Director of Andhra Bank until 31st July, 2008.

Sri Kalyan Mukherjee - Executive Director

Shri Kalyan Mukherjee B.A.(Hons), MBA joined the Andhra Bank board as Executive Director on 25.03.2006. Before assuming charge as Executive Director, he was General Manager with UCO Bank. In his career with UCO Bank spanning 37 years, held various important assignments which included 10 years experience in Overseas Branches of UCO Bank, namely Singapore & Hongkong.

Sri Mukerjee has wide experience in the area of HR. He was a member of Personnel Committee, Indian Banks' Association for around 3 years.

Names & particulars of the executives (General Managers) at Head Office, Hyderabad

General Manager's Name	Contact Number	Extension Number
Sri N Vijaya Kumar	040-23242026	Extn : 2240
Sri A.L. Nageswara Rao	040-23211915	Extn : 2270
Sri R.J. Vaidyanathan	040-23237915	Extn : 2250
Sri S. Suryanarayana	040-23210852	Extn : 2280
Sri T R S Trivedi	040-23211024	Extn : 2290
Sri D Jogi Raju	040-23241099	Extn : 2260
Sri M Anjaneya Prasad	040-23241891	Extn : 2220
Sri Nilmani Patel	040-23210314	Extn : 2370
Sri M Anjaneya Prasad	040-23241891	Extn : 2220
Sri P Srinivas	040-23210234	Extn : 2210
Sri H N Das 040-23235344 Extn : 2230

Executives (General Managers) at other places:

Executives (General Managers)	Contact Number	Zone
Sri B Raj Kumar	040 - 24757472	G.M. - Hyderabad Zone
Sri V S Raju	022 - 26876182	G.M. - Mumbai Zone
Sri V. Ramgopal	022 - 22700052	G.M. - Funds & Invest. (Mumbai)
Sri S Prabhakar Reddy	040 - 24750569	G.M.- AB Building,Sultan Bazar, Koti Hyderabad
Sri Rakesh Sethi	0124 - 2581934	G.M. - New Delhi Zone

About our Bank's website :

Andhra Bank's website is available at www.andhrabank.in. Website is developed in three languages viz., English, Hindi and Telugu. Ours is the first Nationalised Bank to air our website in vernacular regional language, Telugu to reach the common man. Our website provides salient features of our Bank's products and services, cutomer oriented policies, etc., Website is maintained and monitored by Corporate Communications Department, Andhra Bank, Head Office, Hyderabad. Website is hosted by M/s Sify Ltd., Chennai.