Andhra Bank
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Toll Free Number : 1800 425 1515

 
 
Service Charges & Fees
 

Activity Individual Borrowers / Sole Proprietary Concerns               Corporates and Non Corporate Borrowers        
Applicable  1 Year MCLR Risk Premium % Business Strategy, Market Competition etc. % Total Spread Interest Rate Applicable (MCLR + Total Spread)%       Applicable 1 Year MCLR Risk Premium % Business Strategy, Market Competition etc. % Total Spread Interest Rate Applicable (MCLR + Total Spread)%
Short Term Production limits                          
Tobacco under tie up  8.40 0 0.05 0.05 8.45       8.40 0 0.05 0.05 8.45
                           
All other crops (including Nurseries) 8.40 0 1.8 1.8 10.20   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ 8.40 0 1.55 1.55 09.95
              A++ A++ 8.40 0 1.55 1.55 09.95
              A+ A+ 8.40 0 1.8 1.8 10.20
              A A 8.40 0 2.05 2.05 10.45
              B B++ 8.40 0.25 1.8 2.05 10.45
              C B+ & B 8.40 0.5 2.05 2.55 10.95
              D C Not Acceptable       Not Acceptable+
                           
                           
Agricultural Gold loans 8.40 0 1.8 1.8 10.20       Not Applicable        
                           
Agricultural Gold loans - Non subvention 8.40 0 0.25 0.25 8.65       Not applicable        
                           
Note: Rate of interest on Short term production loans(PAGCC/KCC), in respect of accounts,
a) wherever/ whenever interest subvention is not available, and, b) for limits in 
excess of interest subvention limit (at present: Rs.3 lakhs
Working capital limits to Poultry/  EMU birds 8.40 0.25 0.8 1.05 9.45   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ 8.40 0.25 0.3 0.55 8.95
              A++ A++ 8.40 0.25 0.3 0.55 8.95
              A+ A+ 8.40 0.25 0.3 0.55 8.95
              A A 8.40 0.25 0.55 0.8 9.20
              B B++ 8.40 0.5 0.55 1.05 9.45
              C B+ & B 8.40 0.75 0.55 1.3 9.70
              D C Not Acceptable       Not Acceptable+
                           
Fisheries (inland fisheries and prawn culture) 8.40 0.25 1.3 1.55 09.95   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ 8.40 0.25 1.3 1.55 09.95
              A++ A++ 8.40 0.25 1.3 1.55 09.95
              A+ A+ 8.40 0.25 1.55 1.8 10.20
              A A 8.40 0.25 1.55 1.8 10.20
              B B++ 8.40 0.5 1.55 2.05 10.45
              C B+ & B 8.40 0.75 1.8 2.55 10.95
              D C Not Acceptable       Not Acceptable+
                           
Kisan Sampathi (Produce Marketing loans)                          
Loans up to Rs.5.00 lac 8.40 0 0.05 0.05 8.45       8.40 0 0.05 0.05 8.45
Loans above Rs. 5.00 lakhs upto Rs. 10.00 lakh 8.40 0.25 0.3 0.55 8.95       8.40 0.25 0.3 0.55 8.95
Loans above Rs. 10.00 lakhs upto Rs. 25.00 lakh 8.40 0.25 1.3 1.55 9.95       8.40 0.25 1.3 1.55 9.95
Loans above Rs. 25.00 lakhs upto Rs. 50.00 lakh 8.40 0.25 1.8 2.05 10.45       8.40 0.25 1.8 2.05 10.45
                           
Self Help Groups (cash credit) Both Farm & Non farm sector 8.40 0 3.85 3.85 12.25       Not Applicable        
Note: The appalicable spread shall be revised automatically with revision of MCLR so that applicable ROI on SHG loans shall remain at 12.50% P.a.                          
                           
Cash Credits / Overdraft limits to dealers in fertilisers, Pesticides, agril Implements and animal / Poultry / fish / prawn feed                          
Upto Rs 20 lacs 8.40 0 2.55 2.55 10.95       8.40 0 2.55 2.55 10.95
limits above Rs 20 lacs to Rs 3.00 crs 8.40 0 2.8 2.8 11.20       8.40 0 2.8 2.8 11.20
Above Rs 3.00 crs upto Rs 5.00 Crs' 8.40 0 3.05 3.05 11.45   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ 8.40 0 2.8 2.8 11.20
              A++ A++ 8.40 0 2.8 2.8 11.20
              A+ A+ 8.40 0 2.8 2.8 11.20
              A A 8.40 0 3.05 3.05 11.45
              B B++ 8.40 0.25 3.3 3.55 11.95
              C B+ & B 8.40 0.5 3.55 4.05 12.45
              D C Not Acceptable        
                           
loans to Custom Service units ( including term loans)                          
Upto Rs 3.00 crs 8.40 0.25 2.55 2.8 11.20       8.40 0.25 2.55 2.8 11.20
                           
                           
Investment Credit - TERM LOANS                          
Poultry / EMU birds - Term loans 8.40 0.25 0.8 1.05 9.45   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ 8.40 0.25 0.3 0.55 8.95
              A++ A++ 8.40 0.25 0.3 0.55 8.95
              A+ A+ 8.40 0.25 0.3 0.55 8.95
              A A 8.40 0.25 0.55 0.8 9.20
              B B++ 8.40 0.5 0.55 1.05 9.45
              C B+ & B 8.40 0.75 0.55 1.3 9.70
              D C Not Acceptable       Not Acceptable+
                           
              Rating under CRS/CRAS Rating under CRRM          
Horticulture (including Grape cultivation) & Plantations (coconut, Coffee, Tea, Rubber and mixed crop plantations), 8.40 0 1.55 1.55 9.95   A+++ A++ 8.40 0 1.55 1.55 9.95
All other Ag. term loans: (for land development,  Minor irrigation ,Purchase of land for Agricultural Purpose for farmers  and wherever activity is not specified 8.40 0 1.55 1.55 9.95   A++ A++ 8.40 0 1.55 1.55 9.95
Agril. allied activities: Dairy, Sheep & Goat, Sericulture (till cocoon rearing)  and all other allied activities (other than Poultry) 8.40 0 1.55 1.55 9.95   A+ A+ 8.40 0 1.8 1.8 10.20
Fisheries (inland fisheries and prawn culture) 8.40 0.25 1.3 1.55 9.95   A A 8.40 0 1.8 1.8 10.20
              B B++ 8.40 0.25 1.8 2.05 10.45
              C B+ & B 8.40 0.5 2.05 2.55 10.95
CCATL - Converted Crop loans 8.40 0 1.8 1.8 10.20   D C Not Acceptable       Not Acceptable+
                           
                           
Estate Purchase loans - purchase estates growing Horticultural plantation crops viz. coffee, tea, rubber and cardamom, cashew, pepper, coconut and other perennial orchard crops, purchase of existing poultry units and Fish tanks. - The Rate of Interest will be as applicable to respective activities under agricultural term loans.                          
                           
Self Help Groups (Term loan) Farm & non farm sector 8.40 0 3.85 3.85 12.25   Not Applicable            
Note: The appalicable spread shall be revised automatically with revision of MCLR so that applicable ROI on SHG loans shall remain at 12.50% P.a even after addition of Term premia also.                          
                           
Kisan tatkal scheme 8.40 0 0.55 0.55 8.95   Not Applicable            
                           
Purchase of Renewable Energy Equipments for Agriculture & Allied Activities (solar energy based pump sets, Solar Water Heaters in Agro processing Industries, Solar Home lighting Scheme for rural farms) 8.40 0 0.8 0.8 9.20   Not Applicable            
                           
Farm Mechanisation                          
Tractors,  Power Tillers, Trailors and agril. implements, 8.40 0.25 2.55 2.8 11.20       8.65 0.25 2.55 2.8 11.45
Combined Harvesters, Sugarcane Harvesters, and other crop harvesters  8.40 0.25 1.8 2.05 10.45       8.65 0.25 1.8 2.05 10.7
                           
Kisan Chakra                          
2 Wheeler 8.40 0.25 4.05 4.3 12.70       Not Applicable        
4 Wheeler 8.40 0.25 3.05 3.3 11.75                
Rate of interest on par with that of vehicle loans under retail credit from time to time including interest rates specified during special campaign periods                          
                           
Others                          
AB KISAN RAKSHAK (Debt swapping for Farmers) 8.40 0.25 2.3 2.55 10.95       Not Applicable        
                           
Production and Distribution of Seeds 8.40 0 2.55 2.55 10.95       8.40 0 2.55 2.55 10.95
                           
construction of storage facilities (warehouses, market yards, Rural godowns and silos)  (construction/ repairs/ outright purchase) (irrespective of the capacity) and Development/strengthening of Agricultural Marketing infrastructure, grading & standardization (interest to be charged on loan component excluding subsidy portion) 8.40 0.25 0.55 0.8 9.20       8.40 0.25 0.55 0.8 9.20
Micro Finance Institutions (MFI) of all categories (VA/ NBFC-MI/ NGO) Not Appalicable       Not Appalicable+   Rating under CRS/CRAS Rating under CRRM   Risk Prem      
              A+++ A++ 8.40 0.25 1.55 1.8 10.20
              A++ A++ 8.40 0.25 1.55 1.8 10.20
              A+ A+ 8.40 0.25 1.8 2.05 10.45
              A A 8.40 0.25 2.05 2.3 10.70
              B B++ 8.40 0.5 2.05 2.55 10.95
              C B+ & B 8.40 0.75 2.05 2.8 11.20
              D C Not Acceptable        
                           
                           
Scheme for financing setting up of Agri Business Clinics/Agri Business centres 8.40 0.25 2.3 2.55 10.95       8.40 0.25 2.55 2.8 11.20
                           
                           
Dairy Agents for procurement of Milk -                 Not Applicable        
Upto Rs.50,000 8.40 0.5 2.3 2.8 11.20                
Above Rs 50,000 upto Rs 3.00 lacs 8.40 0.5 3.55 4.05 12.45                
                           
                           
Loans to Sheep Agents -                 Not Applicable        
Upto Rs.50,000 8.40 0.5 2.3 2.8 11.20                
Above Rs 50,000 upto Rs 2.00 lacs 8.40 0.5 3.05 3.55 11.95                
                           
Loans routed through FSCS/PACS/LAMPS Bank to Society           Society to Members            
                           
I. Crop Loans and *Agricultural Gold Loans (For Loans up to and inclusive of Rs.3.00 lac) Whenever Interest Subvention is available at Subvented rate of Interest ie 7% at present                        
                           
Whenever Interest subvention is not available or after due date                          
Upto Rs.50,000 8.40 0 0.05 0.05 8.45       8.40 0 1.55 1.55 9.95
Above Rs.50,000 and upto Rs 3.00 lac 8.40 0 0.55 0.55 8.95       8.40 0 2.8 2.8 11.20
          0               0
II.Term Loans 8.40 0 2.05 2.05 10.45       8.40 0 4.05 4.05 12.45
          0               0
III.CCATL:         0               0
a)  Up to Limit of Rs. 50,000 8.40 0 0.05 0.05 8.45       8.40 0 1.55 1.55 9.95
b)  Above Rs.50,000/- up to Rs.3.00 lac 8.40 0 0.8 0.8 9.20       8.40 0 2.8 2.8 11.20
                           
                           
Refinance limits sanctioned to Regional Rural Banks (sponsored by our Bank): 8.40 0 0.05 0.05 8.45       Not Applaicable        
STL (Seasonal Agricultural Operations 8.40 0 0.05 0.05 8.45                
STL (Seasonal Agricultural Operations –District Tribal Plan) 8.40 0 0.05 0.05 8.45                
STL (Other than Seasonal Agricultural Operations) 8.40 0 0.05 0.05 8.45                
Special Line of credit (clean overdraft) 8.40 0 0.25 0.25 8.65                
                           
Food and Agro Processing Industries                          
Finance made under Food and Agro Processing Industries attract the rate of Interest Prescribed by the MSME /LARGE CORP dept from time to time though  the accounts classified under Ancillary activities in Agriculture sector.                          
                           
cold storage units/ cold storage chains designed to store agriculture produce/products  / storages financed under capital investment subsidy scheme of NABARD                          
                           
Financing of Cold storages to strore agril produce will attract the rate of Interest Prescribed by the MSME Dept from time to time though classified under Agril Infrastructure in Agriculture sector.                          
                           
Rhythu Mitra Groups                          
The Rate of Interest will be as applicable to activities financed / Purpose of advances under Short term  loans and agricultural term loans                 Not Applicable        
                           
DRI loans       4.00                 4.00

Under Interest Subvention Scheme : For Pattabhi Agri cards, Agricultural Gold Loans interest rate is 7% pa. upto credit limits of Rs.3.00 lakhs till due date of the loan or date of repayment subject to a maximum period of one year . 

 
Existing interest rates under Retail Loans with
MCLR + Spread (including components) from 03-01-2017
 Product Applicable MCLR Components of Spread Total Spread Interest Rate applicable (MCLR+Total Spread)
Risk Premium Business strategy, market competition etc.






Above Rs.25,000/-       up to Rs.50,000/-

8.40 Nil 1.40 1.40 9.80

Above Rs.50,000/-

8.40 Nil 1.05 1.05 9.45

Housing Loans-Up to Rs.75.00 lakhs

8.40 Nil 0.10 0.10 8.50

Housing Loans-Above Rs.75.00 lakhs

8.40 Nil 0.20 0.20 8.60

Housing Loans – Repairs

8.40 Nil 1.05 1.05 9.45

Property – Term Loan

8.40 Nil 1.90 1.90 10.30

Property – Overdraft

8.40 Nil 2.40 2.40 10.80

Car Loans Used

8.40 0.50 2.80 3.30 11.70

Reverse Mortgage Loans

8.40 Nil 1.80 1.80 10.20

Education Loans-Up to Rs.7.50 lakhs

8.40 0.00 2.00 2.00 10.40

Education Loans-Above Rs.7.50 lakhs

8.40 0.00 1.55 1.55 9.95

EL Staff Loans up to Rs.7.50 lakhs

8.40 0.00 1.50 1.50 9.90

EL Staff Loans above Rs.7.50 lakhs

8.40 0.00 1.05 1.05 9.45

TLRR-Our Bank Land Lords

8.40 0.00 1.55 1.55 9.95

TLRR – Other than our Bank land lords

8.40 Nil 1.05 to 2.55 1.05 to 2.55 9.45 to 10.95

LSS

8.40 Nil 4.80 4.80 13.20

AB Doctor Plus

8.40 0.25 3.05 3.30 11.70

AB professional

8.40 0.25 3.05 3.30 11.70

Car Loans

8.40 0.25 0.30 0.55 8.95

Two  wheeler loans

8.40 0.25 1.55 1.80 10.20

Clean Loans (Others)– Up to 36 months

8.40 0.50 3.90 4.40 12.80

Clean Loans (Others)-Above 36 months up to 60 months

8.40 0.50 4.90 5.40 13.80


 Product Applicable MCLR Components of Spread Total Spread Interest Rate applicable (MCLR+Total Spread)
Risk Premium Business strategy, market competition etc.

AB CALS UP to 3years

8.40 0.00 4.05 4.05 12.45

AB CALS above 3 years Up to Rs.2.00 lacs

8.40 0.00 4.30 4.30 12.70

AB CALS above 3 years Above Rs.2.00 lacs

8.40 0.00 5.30 5.30 13.70

EL Premier Institutions:

IIT, BITS, IIM, ELRI, MDI, SPJJMR, IIIT, ISB

8.40 0.00 0.05 0.05 8.45
EL Premier Institutions
  1. IMT
  2. Somaiya Inst of MGT
  3. Jaman Lal Bajaj
  4. Netaji Subash Institute
8.40 0.00 1.30 1.30 9.70

Private Medical Dental Collages

8.40 0.00 1.05 1.05 9.45

Note:

Term Premia is applicable as under:

Term Premia at 0.25 for term loans repayable above 36 months to 60 months (including gestation/holiday period) and at 0.50% for term loans repayable in more than 60 months (including gestation/holiday period). The Term Premia is applicable to Property-Term Loan , Vehicle Loans – two wheeler loans, Clean Loans, Term Loan Rent receivables and LSS only. The term premia is not applicable to Car Loans, Housing Loans, Education Loans and Reverse Mortgage Loans.



NAGL - AB Supreme - 6 months tenor

 

Product Applicable
6 months  MCLR
Components of Spread Total Spread Interest Rate applicable (MCLR + Total Spread)
Risk Premium

 

Business strategy, market competition etc.

 

NAGL – AB Supreme     up to Rs.25,000/-

8.30

 

Nil

 

1.90

 

1.90

 

10.20

 

NAGL – AB Supreme Above Rs.25,000/-    up to Rs.50,000/-

8.30

 

Nil

 

1.50

 

1.50

 

9.80

 

NAGL – AB Supreme Above Rs.50,000/-

8.30

 

Nil

 

1.15

 

1.15

 

9.45

 

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