The scheme envisages to intend finance to SHGs in community Managed Sustainable Agriculture at villages in the state of Andhra Pradesh.
All existing, eligible SHGs in Community Managed Sustainable Agriculture villages spread over 304 mandals of A.P shall be covered. New SHGs not linked so far will also be covered after 6 months of regular savings.
Only "A" rated groups as per Critical Rating Index to be financed. Loan limit as per Micro Credit Plan (MCP). Micro credit Plan comprises of the following components:
Hypothecation of present and future standing crops along with other assets created out of our Bank Loan.
First & Second Doses of Finance: Collateral Security need not be insisted up to Rs.5.00 Lakhs per group.
From Third Dose onwards: Collateral need not be insisted upto Rs.10.00 Lakhs per group for SHGs with good repayment track record.
News & Events
ANDHRA BANK CUTS BASE RATE BY 25 BASIS POINTS TO 9.75% EFFECTIVE FROM 29.09.2015
NOTICE REGARDING 2ND & 4TH SATURDAYS AS HOLIDAYS AND OTHER SATURDAYS OF THE MONTH AS FULL WORKING DAYS.
Click here for Notice of Annual General Meeting and Record Date for Payment of Dividend
The existing customer grievance redressal mechanism would also cover the complaints relating to outsourcing
Use your Visa Debit Card for shopping in POS/Online within 3 months of card issuance & get 5% Cash back.
Offer applicable to cards issued after December 2013,T&C Apply
AS A PART OF RISK MITIGATION MEASURE, DEBIT CARDS ISSUED AFTER 30-11-2013 ARE ENABLED FOR DOMESTIC TXNS ONLY. FOR FURTHER DETAILS PLEASE CONTACT OUR BRANCH.
You can now donate to Shri Saibaba Sansthan Trust, Shirdi through IMPS-Mobile Banking.
Form 15G/15H has to be submitted afresh at the beginning of each financial year to avail exemption/concession in TDS. Quoting of PAN is mandatory for availing such exemptions/concessions.
All our Banks cheques are payable at par henceforth. We request all our customers to surrender their old cheque books at their account branch and obtain CTS 2010 Standard Cheque books immediately.
We request all our customers who have issued postdated cheques for repayment of loan installments for loans availed by them to replace the old PDCs with new CTS 2010 Standard cheques.
Online Grievance Redressal System with Tracking
Online Applications for MSME and Retail Loans
Online Donations to charitable institutions through net banking
Online resetting of Internet Banking Login Password
Interbank transfer of Funds through Mobile Banking using IFSC code
As per RBI mandate, cash retraction facility is discontinued from our ATMs. Do not forget to collect cash before leaving ATM room.
Any customer of SB/Current Account group could walk in to any branch of the Bank to deposit money in his/her account maintained at any branch and there will be no charges on this for any amount.
Fictitious Offers of Cheap funds from abroad - Awareness Campaign - List of Nodal Agency (Cyber Crime Cell / Economic Offence Wing)
Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad
PPF and SCSS schemes
Do Not fall Prey to Fictitious Offers of Funds Transfer