Andhra Bank
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Toll Free Number : 1800 425 1515

MUDRA Success Stories :
Bangalore Zone:

The borrower Mr.Thirupatiah Sammana was sanctioned Rs.10.00 lakhs under PMMY, Tharun scheme on 04/12/17 by our Sarjapur Road Branch, Bangalore Zone for the business of Paying guest accommodation in Bangalore, in the name of M/s Thirupathi Narendra PG for Gents. In a short span of period, he was able earn Rs.60,000/- per month from the business. He is promptly repaying our loan of Rs.10.00 lakhs at Rs.35,000/- per month as installment. Our financial assistance, his trustworthiness and hard working nature helped him to become upcoming entrepreneur.


Secunderbad Zone:

Our Nagarjuna Nagar(1419) Branch, Secunderabad has financed working capital limit of Rs.10.00 lakhs under MUDRA to M/s GSR CNC Technics (Prop: Y. Prasada Rao), Anjana Complex, North Kamal Nagar, Kushaiguda, Hyderabad for manufacture of industrial engineering components. After availing loan under MUDRA, the unit has improved its turnover and expanded its production by purchasing another unit. There are 10 workers in the unit presently and is running successfully.


Tirupathi Zone:

Mudra loan of Rs.1.00 lakh was sanctioned to Mr.P.Prasanna Kumar to establish Medical shop in the name of M/s.Sree Durga Medicals. He completed his graduation and approached our chittoor branch to start a medical shop. He started his shop in the prime area and also nearby hospitals. All his family members are engaged in this business. His turnover is presently Rs.15.00 lacs and is regular in repaying the installments. He is very happy with our Bank finance and loyal to our bank by introducing good depositors.