Andhra Bank
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Toll Free Number : 1800 425 1515

Composite Loan Scheme

Artisan, Village and Cottage Industries and Micro enterprises –Manufacturing units under the scheme irrespective of their location.


For equipment finance or working capital or both. The scheme also cover outlay on work sheds required by beneficiaries for carrying out their activities


Maximum Rs.100.00 lakhs.


a) Upto Rs.25,000/-  Nil
b) Above Rs.25,000/- and upto Rs.25.00 lakhs  15% to 25% 
c) Above Rs.25.00 lakhs and upto Rs.100.00 lakhs As per Bank guidelines



Primary: Pledge/ Hypothecation/Mortgage of assets created out of the loan
Collateral: Nil up to Rs.10 lakhs
                For above Rs.10 lakhs-As per Bank policy from time to time

  Co-obligation/ Guarantee

Upto Rs.10 lakhs- Nil

Above Rs.10 lakhs- As per Bank policy from time to time

3 to 10 years with initial moratorium of 12-18 months