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Corporate NRI MSME
 Home »  Interest Rate Loans
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 Base Rate @ 10.25% p.a.


Andhra Bank's Base Rate has been increased by 25 basis points i.e. from 10.00 % p.a. to 10.25% p.a. w.e.f. 19.08.2013. The revised rate is applicable to all the loans and advances that are sanctioned/ renewed on or after 01.07.2010 which are linked to Base Rate. This revision is also applicable to all borrowal accounts who switched over from BMPLR to Base Rate system

 
 BMPLR @ 14.50% p.a.


Andhra Bank's BMPLR (Bench Mark Prime Lending Rate) has been increased by 25 basis points from 14.25 % to 14.50 % p.a. with effect from 19.08.2013. The revised BMPLR is applicable to all loans and advances availed on or before 30.06.2010 and are linked to BMPLR.

 
 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

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 .
 
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News & Events

As per RBI guidelines w.e.f.,01-November-2014 the number of free ATM transactions (inclusive of both financial and non-financial transactions) for savings bank account customers at other bank’s ATMs is reduced from the present five to THREE transactions per month for transactions carried out at the ATMs located in six metro centers viz., Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad. However the free transactions (inclusive of both financial and non-financial transactions) carried out in other Bank ATMs at the six metro centers and other locations together, would continue to remain at FIVE.

Waiver of processing charges in Housing Loans, Car Loans, Two wheeler loans, Consumer durables, Clean Loans for the festive season from 25.09.2014 to 31.12.2014

The existing customer grievance redressal mechanism would also cover the complaints relating to outsourcing

Use your Visa Debit Card for shopping in POS/Online within 3 months of card issuance & get 5% Cash back. Offer applicable to cards issued after December 2013,T&C Apply

AS A PART OF RISK MITIGATION MEASURE, DEBIT CARDS ISSUED AFTER 30-11-2013 ARE ENABLED FOR DOMESTIC TXNS ONLY. FOR FURTHER DETAILS PLEASE CONTACT OUR BRANCH.

You can now donate to Shri Saibaba Sansthan Trust, Shirdi through IMPS-Mobile Banking.

Presentation to Analysts

Our Total Income during 12M of FY’12-13 increased to Rs. 13,957 Crore, recording a growth of 14.4%.

Form 15G/15H has to be submitted afresh at the beginning of each financial year to avail exemption/concession in TDS. Quoting of PAN is mandatory for availing such exemptions/concessions.

All our Banks’ cheques are “payable at par henceforth. We request all our customers to surrender their old cheque books at their account branch and obtain CTS 2010 Standard Cheque books immediately.

We request all our customers who have issued postdated cheques for repayment of loan installments for loans availed by them to replace the old PDCs with new CTS 2010 Standard cheques.

Online Grievance Redressal System with Tracking

Online Applications for MSME and Retail Loans

Online Donations to charitable institutions through net banking

Online resetting of Internet Banking Login Password

Interbank transfer of Funds through Mobile Banking using IFSC code

As per RBI mandate, cash retraction facility is discontinued from our ATMs. Do not forget to collect cash before leaving ATM room.

Any customer could walk in to deposit money in any branch of the bank if the account is in any other branch of the bank to which he wants to deposit the money and there will be no charges on this for any amount

Fictitious Offers of Cheap funds from abroad - Awareness Campaign - List of Nodal Agency (Cyber Crime Cell / Economic Offence Wing)

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

Do Not fall Prey to Fictitious Offers of Funds Transfer

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