Logo Home | About Us | Recruitment | FAQs | Feedback | Inquiry | Sitemap | Contact Us
Toll Free Number: 1800 425 1515   
WCAG 2.0 compliant website  
+ हिंदी తెలుగు
 
Search
Retail Corporate NRI MSME Agriculture
  Overview Credit Schemes OTS Scheme MSME Policy Care Centers
 Home »  MSME »  MSME Schemes  » Joint Co-financing of SME
Font:- a | a | a
MSME
Joint / Co-financing of SME's
 
 Joint/Co-financing to SME Sector Mou with Sidbi.

  • MOU was signed with Small Industries Development Bank of India (SIDBI) on 06.09.2005 for Joint/Co-financing of the units.
  • Joint financing/Co-financing shall be excluded to projects relating to SME sector, service sector and development of infrastructure.
  • Initially this arrangement is rolled out at important Small and Medium Industrial Centres at Hyderabad, Chittore, Vijayawada, Rayadurg and Kushaiguda.
  • The focus shall be to make available timely and adequate credit to tiny units & also explore possibilities of synergies in Micro credit operations and cluster Development and other development initiatives.
  • A common letter of sanction detailing the terms and conditions of sanction shall be issued to the borrower by the Bank.
  • Generally the Bank shall finance working capital facility to the borrower and the Term loan shall be financed by Bank and SIDBI in equal proportion or in such proportion or only by SIDBI as  may be mutually agreed to between the two parties.
Customer Corner
Upset / Complaint / Grievance
  Online Services
Img PrePaid Card - Customer self care portalImg
Img Internet Banking
Img Online Tax PaymentImg
Img Tax payment thru ATMImg
Img AB BillPay Img
Img AB Online Shoppe Img
Img Mobile Banking mPAY
Img Interbank Mobile Payment ServiceImg
Img SMS Banking
Img Online - Trading
Img AB Speedway
Img AB Lock Box Facility
Img IndiaFirst Online Services
Img e-rail Ticketing
Img Tele - Banking
Img Religious Offering
Img Verified by Visa / 3d Secure Code
   Security alerts & Tips
   Anti Phishing
Please do not disclose your
NetBanking Login and Img
Password to anyone. More..
News & Events

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

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

Our annual profit Rs.1,345 Crore
Bulletin
  Awards & Rewards | Basel II Disclosures | Bulletin | DNCR | Miscellaneous  | Holidays List | Photo Gallery | Press Release | Webcast Disclaimer 
2011, Andhra Bank. All Rights Reserved. Site Visited By :    17349596  
     
    chic logo