Andhra Bank
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Toll Free Number : 1800 425 1515

Term Loan
  Term Loan

As a traditional activity, the Bank is providing term loans to meet capital expenditure for acquisition of Fixed assets/expansion of existing activity/swapping existing high cost debt. 

Bank is providing both funded and non funded limits under term finance
  1. Funded limit to meet cost of civil works, acquisition of assets etc.
  2. Non Funded limits for import/purchase of machinery deferred payment of taxes.
  3. The repayment period is designed in ease terms extending from 3 years to 15 years including gestation period basing on the credit rating of the customer
Tenure of Term Loans:
Short term Loans: Loans payable within one year
Medium Term Loans: Loans repayable in more than one year and up to there years
Long Term Loans: Loans repayable in more than three years