Andhra Bank
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AB Kisan Sampathi (Crop Produce Loans)


The scheme provides security to the farmers against distress sales of crop produce soon after harvest when the prices of the commodities tend to be low.


Both loanee and Non- loanee farmers.

 Eligible Crop
 All crops for which bank is extending Crop Production Loans.
 Loan amount
  • 65% of the average market rate for the last  3 years ( as obtained from  Agriculture Market Committee) or  at  Govt. announced procurement prices ( in case MSP is not announced by the Govt., 65% of 3 months futures NCDEX Commodity Exchange Price) Whichever is lower, subject to maximum of Rs. 50,00,000/- per farmer.
  • Limit will be arrived based on area of crop cultivated by the farmer and yield there on.

Loan shall be repaid within a maximum period of 12 months,based on the shelf life of the commodity stored.
PRIMARY: Pledge of the produce stored with the cultivator or by pledge of ware house receipts issued by (i) Godowns / cold storages approved by Bank.(ii) Central/ State ware house Corporations and Food Corporation of India                                  
Produce stored with the cultivator
  • Limits up to Rs. 2,00,000/- :    NIL
  • Above Rs. 2,00,000/- : Collateral security not less than 75% of the bank loan component shall be obtained, besides suitable guarantee of two persons of sufficient worth.     
 Produce stored at CWC/SWC/FCI/STARAGRI approved warehouse:
  • Limits up to Rs.10,00,000/- : Nil. (But personal guarantee of two persons required).
  • Above Rs.10,00,000/- and up to Rs. 50,00,000/- : Collateral security not less than 75% of the bank loan component shall be obtained, besides guarantee of two persons of sufficient worth. 

 Rate of Interest :

 Others :
  • Financing against the produce stored in "PURI" can also be allowed subject to availability of insurance coverage.
  • At the time of grant of loan relative crop production loan should be recovered or adjusted out of Kisan Sampathi loan.