At times corporate may face exigencies and unexpected financial crunch due to various reasons which are beyond their control. To take care of those exigencies, Andhra Bank formulated a scheme by name Corporate Loans.
All corporate customers of Andhra Bank are eligible for the loans.
The purpose includes
1. Funds to the corporate to meet its margin requirements for working capital, long term project finance margin
2. Funds to meet the financial commitment of the corporate.
3. Funds for any other purpose related to the financial needs.
The rate of interest is market competitive.
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