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  PROJECT FINANCE & INFRASTRUCTURE FINANCE

Andhra Bank is providing project finance to set up new projects or for expanding the capacity of existing projects. The Bank will be providing fee based technical consultancy services to projects in course of time.

Keeping in view the tempo in infrastructure projects, ANDHRA BANK, is providing finance to borrower companies engaged in:

1. Developing or
2. Operating and maintaining, or
3. Developing, operating and maintaining any infrastructure facility that is a project in any of the following sectors:

i. a road, including toll road, a bridge or a rail system; ii. a highway project including other activities being an integral part of the highway project; iii. a port, airport, inland waterway or inland port; iv. a water supply project, irrigation project, water treatment system, sanitation and sewerage system or solid waste management system; v. telecommunication services whether basic or cellular, including radio paging, domestic satellite service (i.e., a satellite owned and operated by an Indian company for providing telecommunication service), network of trunking, broadband network and internet services; vi. an industrial park or special economic zone ; vii. generation or generation and distribution of power viii. transmission or distribution of power by laying a network of new transmission or distribution lines. ix. Any other infrastructure facility of similar nature x. Construction relating to projects involving agro-processing and supply of inputs to agriculture; xi Construction for preservation and storage of processed agro-products, perishable goods such as fruits, vegetables and flowers including testing facilities for quality; xii. Construction of educational institutions and hospitals.

 

 
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PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

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