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Hyderabad, Feb. 19.

Andhra Bank has increasedits Benchmark Prime Lending Rate from the existing 11.75 per cent to 12.25 per cent with effect from February 16.

The upward revision is however, not applicable to education loans. In respect of all the existing housing loans, there will be no change in the rate of interest.. The increase is applicable to new housing loans of above Rs 15 lakh sanctioned after February 16.

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