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

Anytimers
 
AS PER BASE RATE
 Short term production loans(PAGCC/KCC), in respect of accounts

  For individual borrowers For Corporate & Non-Corporate borrowers
Tobacco under tie up BR BR
All other crops (including Nurseries) BR + 1.75% = 12.00% p.a.
Rating under CRS/CRAS Rating under CRRM Interest rate
A+++ A++ BR+1.50%
A++
A+ A+ BR+1.75%
A A BR+2.00%
B B++ BR+2.00%
C B+ and B BR+2.50%
D C Not acceptable
Agricultural Gold loans BR + 1.75% = 12.00% p.a. Not Applicable
Working capital limits to Poultry/ EMU birds BR + 1.00% = 11.25% p.a.
Rating under CRS/ CRAS Rating under CRRM Interest rate
A+++ A++ BR+0.50 %
A++
A+ A+ BR+0.50 %
A A BR+0.75 %
B B++ BR+1.00%
C B+ and B BR+1.25 %
D C Not acceptable
Fisheries (inland fisheries and prawn culture) BR +1.50% = 11.75% p.a.
Rating under CRS/ CRAS Rating under CRRM Interest rate
A+++ A++ BR+1.50 %
A++
A+ A+ BR+1.75 %
A A BR+1.75 %
B B++ BR+2.00 %
C B+ and B BR+2.50 %
D C Not acceptable
Kisan Sampathi (Produce Marketing loans)
Loans up to Rs.5.00 lac
Loans above Rs. 5.00 lac up to Rs.10.00 lac
Loans above Rs. 10.00 lac up to Rs.25.00 lac
 
 
BR = 10.25% p.a.
BR+0.50=10.75% p.a.
BR+1.50=11.75% p.a.
 
 
BR = 10.25% p.a.
BR+0.50= 10.75% p.a.
 
BR+1.50=11.75% p.a.
Self Help Groups (cash credit) Both farm& non farm sector BR+3.25% =13.50% p.a. Not applicable

 
 Investment Credit:

  For individual borrowers For Corporate & Non-Corporate borrowers  
Poultry / EMU birds BR + 1.00%+TP = 11.50% p.a
Rating under CRS/ CRAS Rating under CRRM Interest rate
A+++ A++ BR+0.50 +0.25tp
A++
A+ A+ BR+0.50 +0.25 tp
A A BR+0.75 +0.25 tp
B B++ BR+1.00 +0.25 tp
C B+ and B BR+1.25 +0.25 tp
D C Not acceptable
Horticulture (including Grape cultivation) & Plantations (coconut, Coffee, Tea, Rubber and mixed crop plantations) All other Ag. term loans: (for land development, Minor irrigation and wherever activity is not specified) Agril. allied activities: Dairy, Sheep & Goat, Sericulture (till cocoon rearing) and all other allied activities (other than Poultry) Fisheries (inland fisheries and prawn culture)   BR +1.50% + TP (0.25%) = 12.00%p.a  
Rating under CRS/CRAS Rating under CRRM Interest rate
A+++ A++ BR+1.50+0.25tp
A++
A+ A+ BR+1.75+0.25tp
A A BR+1.75+0.25tp
B B++ BR+2.00+0.25tp
C B+ and B BR+2.50+0.25tp
D C Not acceptable
 
Self Help Groups (Term loan) Farm & non farm sector BR + 3.25% +tp 0.25 =13.75% p.a. Not applicable  
Kisan tatkal scheme BR+0.50=10.75% p.a Not applicable  
Farm Mechanisation  
Tractors, Power Tillers, Trailors and agril. implements BR +2.75+0.25 tp =13.25% p.a BR +2.75+0.25 tp =13.25% p.a  
Combined Harvesters, Sugarcane Harvesters, and other crop harvesters BR+ 2.00 + TP (0.25%) = 12.50%p.a BR + 2.00 + TP (0.25%) = 12.50%p.a  
  For individual borrowers For Corporate & Non-Corporate borrowers  
Kisan Chakra Two wheelers: 
BR+1 = 11.25% p.a
Four Wheelers:
BR+0.50=10.75% p.a
(term premia @0.25% extra wherever repayment beyond 36 months)
Not applicable  
Others For individual borrowers For Corporate & Non-Corporate borrowers
AB KISAN RAKSHAK (Debt swapping for Farmers) BR + 2.50 + 0.25 = 13.00% p.a Not applicable
Production and Distribution of Seeds BR+2.50+tp(0.25%)= 13.00% p.a BR+2.50+tp(0.25%)= 13.00% p.a

 
 Indirect Finance to Agriculture

  For individual borrowers For Corporate & Non-Corporate borrowers
Rural Godowns (construction/ repairs/ outright purchase)(irrespective of the capacity) BR + 0.75 + TP (0.25) =11.25% p.a

BR + 0.75 + TP (0.25) =11.25% p.a 
(not linked to credit rating)

Micro Finance Institutions(MFI) of all categories (VA/ NBFC-MI/ NGO)           Not applicable
Rating under CRS/CRAS Rating under CRRM Interest rate
A+++ A++ BR+1.75+TP
A++
A+ A+ BR+2.00+TP
A A BR+2.25+TP
B B++ BR+2.50+TP
C B+ and B BR+2.75+TP
D C Not acceptable
  For individual borrowers For Corporate & Non-Corporate borrowers
Scheme for financing setting up of Agri Business Clinics/Agri Business centres BR+6.50+tp (0.25%) = 17.00% p.a BR + 6.50+ tp (0.25%) = 17.00% p.a 
(non- corporate borrowers )
Development/strengthening of Agricultural Marketing infrastructure, grading & standardization (interest to be charged on loan component excluding subsidy portion) BR+0.75+tp (0.25%) = 11.25% p.a. BR + 0.75 + tp (0.25%) = 11.25% p.a.
Dairy Agents for procurement of Milk
Up to Rs.50000 BR+2.75+tp (0.25%) = 13.25% p.a. Not applicable
Above Rs.50000 up to Rs.3.00 lac BR+4.00+tp (0.25%) = 14.50% p.a. Not applicable
Loans to Sheep Agents:
Up to Rs.50000 BR+2.75+tp (0.25%) = 13.25% p.a. Not applicable
Above Rs.50000 up to Rs.2.00 lac BR+3.50+tp (0.25%) = 14.00% p.a. Not applicable

 
 
 Loans routed through FSCS/PACS/LAMPS

  Bank to Society Society to Members
Crop Loans and *Agricultural Gold Loans 
(For Loans up to and inclusive of Rs.2.00 lac):
   
Whenever Interest Subvention is available 7% p.a. 7% p.a.
Whenever Interest subvention is not available or after due date: 

i) Up to Rs.50,000 
ii) Above Rs.50,000 upto Rs.2.00 lac
 
 
 
BR=10.25% p.a.
BR + 0.50% = 10.75% p.a.
 
 
 
BR+1.50=11.75%
BR+2.75 =13.00%
Term Loans: BR+2.00+tp(0.25%)= 12.50% p.a. BR + 4.00+ tp (0.25%)= 14.50% p.a.
CCATL: a) Up to Limit of Rs.50,000/- 
b) Above Rs.50,000/- up to Rs.2.00 lac
BR=10.25% p.a.
BR + 0.75%=11.00% p.a.
BR+1.50=11.75% p.a
BR+2.75 =13.00% p.a

 
 Refinance limits sanctioned to Regional Rural Banks (sponsored by our Bank)

STL (Seasonal Agricultural Operations) BR (Fixed) p.a.
STL (Seasonal Agricultural Operations –District Tribal Plan) BR (Fixed) p.a.
STL (Other than Seasonal Agricultural Operations) BR (Fixed) p.a.
Special Line of credit (clean overdraft BR + 0.25% (floating)

 
 Loans to farmers for purchase of renewable Energy Equipments for Agriculture & Allied activities

Financing Solar Energy based pump set loans BR +0.75+tp =11.25% p.a
Solar water Heaters BR +0.75+tp=11.25% p.a
Solar Home lighting Scheme BR +0.75+tp=11.25% p.a


 Interest Subvention Scheme

For all Kisan Credit Cards & Agriculture gold loans sanctioned under subvention scheme, interest rate is 7% upto credit limits of Rs. 3.00 lakhs from the date of disbursement/ drawal upto the date of repayment of the loan by the farmer or upto the due date of the loan, whichever is earlier, subject to a maximum period of one year.

An additional interest subvention @3% will be available to the prompt payee farmer from the date of disbursement of the crop loan upto the actual date of repayment by farmers or upto the due date, whichever is earlier, subject to a maximum period of one year.
 
 
AS PER MCLR
 

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  MCLR 0 0.05 0.05 MCLR+0.05       MCLR 0 0.05 0.05 MCLR+0.05
                           
All other crops (including Nurseries) MCLR 0 1.8 1.8 MCLR+1.80   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ MCLR 0 1.55 1.55 MCLR+1.55
              A++ A++ MCLR 0 1.55 1.55 MCLR+1.55
              A+ A+ MCLR 0 1.8 1.8 MCLR+1.8
              A A MCLR 0 2.05 2.05 MCLR+2.05
              B B++ MCLR 0.25 1.8 2.05 MCLR+2.05
              C B+ & B MCLR 0.5 2.05 2.55 MCLR+2.55
              D C Not Acceptable       Not Acceptable+
                           
                           
Agricultural Gold loans MCLR 0 1.8 1.8 MCLR+1.80       Not Applicable        
                           
Agricultural Gold loans - Non subvention MCLR 0 0.25 0.25 MCLR+0.25       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 MCLR 0.25 0.8 1.05 MCLR+1.05   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ MCLR 0.25 0.3 0.55 MCLR+0.55
              A++ A++ MCLR 0.25 0.3 0.55 MCLR+0.55
              A+ A+ MCLR 0.25 0.3 0.55 MCLR+0.55
              A A MCLR 0.25 0.55 0.8 MCLR+0.8
              B B++ MCLR 0.5 0.55 1.05 MCLR+1.05
              C B+ & B MCLR 0.75 0.55 1.3 MCLR+1.3
              D C Not Acceptable       Not Acceptable+
                           
Fisheries (inland fisheries and prawn culture) MCLR 0.25 1.3 1.55 MCLR+1.55   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ MCLR 0.25 1.3 1.55 MCLR+1.55
              A++ A++ MCLR 0.25 1.3 1.55 MCLR+1.55
              A+ A+ MCLR 0.25 1.55 1.8 MCLR+1.8
              A A MCLR 0.25 1.55 1.8 MCLR+1.8
              B B++ MCLR 0.5 1.55 2.05 MCLR+2.05
              C B+ & B MCLR 0.75 1.8 2.55 MCLR+2.55
              D C Not Acceptable       Not Acceptable+
                           
Kisan Sampathi (Produce Marketing loans)                          
Loans up to Rs.5.00 lac MCLR 0 0.05 0.05 MCLR+0.05       MCLR 0 0.05 0.05 MCLR+0.05
Loans above Rs. 5.00 lakhs upto Rs. 10.00 lakh MCLR 0.25 0.3 0.55 MCLR+0.55       MCLR 0.25 0.3 0.55 MCLR+0.55
Loans above Rs. 10.00 lakhs upto Rs. 25.00 lakh MCLR 0.25 1.3 1.55 MCLR+1.55       MCLR 0.25 1.3 1.55 MCLR+1.55
Loans above Rs. 25.00 lakhs upto Rs. 50.00 lakh MCLR 0.25 1.8 2.05 MCLR+2.05       MCLR 0.25 1.8 2.05 MCLR+2.05
                           
Self Help Groups (cash credit) Both Farm & Non farm sector MCLR 0 2.9 2.9 MCLR+2.9=12.50       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 MCLR 0 2.55 2.55 MCLR+2.55       MCLR 0 2.55 2.55 MCLR+2.55
limits above Rs 20 lacs to Rs 3.00 crs MCLR 0 2.8 2.8 MCLR+2.8       MCLR 0 2.8 2.8 MCLR+2.8
Above Rs 3.00 crs upto Rs 5.00 Crs' MCLR 0 3.05 3.05 MCLR+3.05   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ MCLR 0 2.8 2.8 MCLR+2.8
              A++ A++ MCLR 0 2.8 2.8 MCLR+2.8
              A+ A+ MCLR 0 2.8 2.8 MCLR+2.8
              A A MCLR 0 3.05 3.05 MCLR+3.05
              B B++ MCLR 0.25 3.3 3.55 MCLR+3.55
              C B+ & B MCLR 0.5 3.55 4.05 MCLR+4.05
              D C Not Acceptable        
                           
loans to Custom Service units ( including term loans)                          
Upto Rs 3.00 crs MCLR 0.25 2.55 2.8 MCLR+2.8       MCLR 0.25 2.55 2.8 MCLR+2.8
                           
                           
Investment Credit - TERM LOANS                          
                           
Poultry / EMU birds - Term loans MCLR 0.25 0.8 1.05 MCLR+1.05   Rating under CRS/CRAS Rating under CRRM          
              A+++ A++ MCLR 0.25 0.3 0.55 MCLR+0.55
              A++ A++ MCLR 0.25 0.3 0.55 MCLR+0.55
              A+ A+ MCLR 0.25 0.3 0.55 MCLR+0.55
              A A MCLR 0.25 0.55 0.8 MCLR+0.8
              B B++ MCLR 0.5 0.55 1.05 MCLR+1.05
              C B+ & B MCLR 0.75 0.55 1.3 MCLR+1.3
              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), MCLR 0 1.55 1.55 MCLR+1.55   A+++ A++ MCLR 0 1.55 1.55 MCLR+1.55
All other Ag. term loans: (for land development,  Minor irrigation , Purchase of land for Agricultural Purpose for farmers  andwherever activity is not specified MCLR 0 1.55 1.55 MCLR+1.55   A++ A++ MCLR 0 1.55 1.55 MCLR+1.55
Agril. allied activities: Dairy, Sheep & Goat, Sericulture (till cocoon rearing)  and all other allied activities (other than Poultry) MCLR 0 1.55 1.55 MCLR+1.55   A+ A+ MCLR 0 1.8 1.8 MCLR+1.8
Fisheries (inland fisheries and prawn culture) MCLR 0.25 1.3 1.55 MCLR+1.55   A A MCLR 0 1.8 1.8 MCLR+1.8
              B B++ MCLR 0.25 1.8 2.05 MCLR+2.05
              C B+ & B MCLR 0.5 2.05 2.55 MCLR+2.55
CCATL - Converted Crop loans MCLR 0 1.8 1.8 MCLR+1.8   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 MCLR 0 2.9 2.9 MCLR+2.90=12.50   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 MCLR 0 0.55 0.55 MCLR+0.55   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) MCLR 0 0.8 0.8 MCLR+0.8   Not Applicable            
                           
Farm Mechanisation                          
Tractors,  Power Tillers, Trailors and agril. implements, MCLR 0.25 2.55 2.8 MCLR+2.8       MCLR 0.25 2.55 2.8 MCLR+2.8
Combined Harvesters, Sugarcane Harvesters, and other crop harvesters  MCLR 0.25 1.8 2.05 MCLR+2.05       MCLR 0.25 1.8 2.05 MCLR+2.05
                           
Kisan Chakra                          
2 Wheeler MCLR 0.25 4.05 4.3 MCLR+4.3       Not Applicable        
4 Wheeler MCLR 0.25 3.05 3.3 MCLR+3.3                
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) MCLR 0.25 2.3 2.55 MCLR+2.55       Not Applicable        
                           
Production and Distribution of Seeds MCLR 0 2.55 2.55 MCLR+2.55       MCLR 0 2.55 2.55 MCLR+2.55
                           
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) MCLR 0.25 0.55 0.8 MCLR+0.8       MCLR 0.25 0.55 0.8 MCLR+0.8
Micro Finance Institutions(MFI) of all categories (VA/ NBFC-MI/ NGO) Not Appalicable       Not Appalicable+   Rating under CRS/CRAS Rating under CRRM       0 0
              A+++ A++ MCLR 0.25 1.55 1.8 MCLR+1.8
              A++ A++ MCLR 0.25 1.55 1.8 MCLR+1.8
              A+ A+ MCLR 0.25 1.8 2.05 MCLR+2.05
              A A MCLR 0.25 2.05 2.3 MCLR+2.3
              B B++ MCLR 0.5 2.05 2.55 MCLR+2.55
              C B+ & B MCLR 0.75 2.05 2.8 MCLR+2.8
              D C Not Acceptable        
                           
                           
Scheme for financing setting up of Agri Business Clinics/Agri Business centres MCLR 0.25 2.3 2.55 MCLR+2.55       MCLR 0.25 2.55 2.8 MCLR+2.8
                           
                           
Dairy Agents for procurement of Milk -                 Not Applicable        
Upto Rs.50,000 MCLR 0.5 2.3 2.8 MCLR+2.8                
Above Rs 50,000 upto Rs 3.00 lacs MCLR 0.5 3.55 4.05 MCLR+4.05                
                           
                           
Loans to Sheep Agents -                 Not Applicable        
Upto Rs.50,000 MCLR 0.5 2.3 2.8 MCLR+2.8                
Above Rs 50,000 upto Rs 2.00 lacs MCLR 0.5 3.05 3.55 MCLR+3.55                
                           
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 MCLR 0 0.05 0.05 MCLR+0.05       MCLR 0 1.55 1.55 MCLR+1.55
Above Rs.50,000 and upto Rs 3.00 lac MCLR 0 0.55 0.55 MCLR+0.55       MCLR 0 2.8 2.8 MCLR+2.8
                           
II.Term Loans MCLR 0 2.05 2.05 MCLR+2.05       MCLR 0 4.05 4.05 MCLR+4.05
                           
III.CCATL:                          
a)  Up to Limit of Rs. 50,000 MCLR 0 0.05 0.05 MCLR+0.05       MCLR 0 1.55 1.55 MCLR+1.55
b)  Above Rs.50,000/- up to Rs.3.00 lac MCLR 0 0.8 0.8 MCLR+0.8       MCLR 0 2.8 2.8 MCLR+2.8
                           
                           
Refinance limits sanctioned to Regional Rural Banks (sponsored by our Bank): MCLR 0 0.05 0.05 MCLR+0.05       Not Applaicable        
STL (Seasonal Agricultural Operations MCLR 0 0.05 0.05 MCLR+0.05                
STL (Seasonal Agricultural Operations –District Tribal Plan) MCLR 0 0.05 0.05 MCLR+0.05                
STL (Other than Seasonal Agricultural Operations) MCLR 0 0.05 0.05 MCLR+0.05                
Special Line of credit (clean overdraft) MCLR 0 0.25 0.25 MCLR+0.25                
                           
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                 4
 
 
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