Andhra Bank has designed a scheme for financing to its clients against shares/debentures/PSU Bonds/Bank deposits with a minimum margin of 10%. The Rate of interest and margin are subject to change from time to time.

TERM FINANCE

As a traditional activity, the Bank is providing term loans to meet capital expenditure for acquisition of Fixed assets/expansion of existing activity/swaping existing high cost debt.

Bank is providing both funded and non funded limits under term finance

1. Funded limit to meet cost of civil works, acquisition of assets etc.
2. Non Funded limits for import/purchase of machinery deferred payment of taxes.
3. The repayment period is designed in ease terms extending from 3 years to 15 years including gestation period basing on the credit rating of the customer