Loan facilities to Non Resident Indians
1. Housing Loans to NRIs/PIOs
2. Education Loans for study abroad up to Rs 20 lacs.

http://www.allahabadbank.com/loan-facilities.asp

Overview
Nineteenth Century
The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded on April 24, 1865 by a group of Europeans at Allahabad. At that juncture Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries - Nineteenth, Twentieth and Twenty-First.

ASBA (Application Supported by Blocked Amount) Facility
Bank has started a supplementary & new facility "Application Supported by Blocked Amount (ASBA)" process for applying in IPO/ FPO/ Right Issues where fund in the investor’s Bank account is blocked to the extent of application amount by marking lien at the time of subscribing in public issues. On allotment of equity shares, corresponding amount is remitted to the issuer’s account and lien is removed on the balance amount, if any. ASBA facility is offered to the SB/CT account holders of the Bank only through more than 467 Designated Branches of the Bank at various locations. ASBA physical form can be obtained from these designated Branches or may be downloaded from NSE website by clicking on ASBA e-forms under Key Links and can be submitted to any of the Designated Branches. List of Designated Branches is available on Bank’s website. It is pertinent to mention that SEBI has recently increased the maximum investment limit to Rs. 2 lac for individual category investors.

Contact Us:
Allahabad Bank,
Head Office,
2, N.S. Road, Kolkata-1