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Banking & Credit:: ANDHRA BANK

Other Schemes:

14. AB FOR FINANCING TO DAIRY AGENT

Objectives

  • To increase business under Agricultural segment
  • To increase milk production through organized sector
  • To supplement the incomes of farmers
  • To improve rural economy through employment opportunity

Area of operation:

Entire state of Andhra Pradesh under tie up with reputed companies

Nature of facility:

Agricultural Term loan

Loan amount:

  • Minimum of Rs. 1 lack per borrower for every 100 liters of milk procured by him and a maximum of Rs. 2 lakhs for procurement of 200 litres of milk.
  • The amounts will be released to the agent based on specific recommendation of the company

    For further details Click here


    Source: http://www.andhrabank.in
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