Andhra Bank
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Toll Free Number: 1800 425 1515

Call 040-23122297 for Internet & Mobile Banking/ATM -24x7 Helpdesk or mail to us on adchelpdesk@andhrabank.co.in

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For Dairy Agents
  Objectives
  • To increase milk production through organized sector
  • To supplement the incomes of farmers
  • To improve rural economy through employment opportunity
  Area of operation

All parts of India.

 Nature of facility

Agricultural Term loan

  Classification

Indirect Finance to Agriculture

 Loan amount
  • Minimum of Rs. 1 lac per borrower for every 100 liters of milk procured by him and a maximum of Rs. 3 lakhs for procurement of 200 litres of milk.
  • The amounts will be released to the agent based on specific recommendation of the milk processing company.
 Eligibility 
  • The agent should be satisfactorily associated with the company for a minimum period of two years.
  • Should not be a defaulter to any other bank.
  • Should have adequate collateral security to offer.
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