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About Us The Bank

The Bank

Our Vision & Mission

Board of Directors

General Managers

Offices & Branches

IndiaFirst Life Insurance

(JV)

Global Presence

Websites
Brief history

Recruitment

Training Institutes "Andhra Bank" was founded by the eminent freedom fighter and a multifaceted
genius, Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November
Public Information
Officers
1923 and commenced business on 28th November 1923 with a paid up capital of Rs 1.00
lakh and an authorised capital of Rs 10.00 lakhs.
Company Secretary

Bank's Webmaster
Founder

Dr Bhogaraju Pattabhi Sitaramayya was born on 24th November 1880

in Gundugolanu village, West Godavari District in Andhra Pradesh.
He was a renowned Freedom Fighter and a very illustrious
personality.

Corporate Identity

Togetherness is the Theme

The Symbol of Infinity denotes a Bank that is prepared to do
any thing, to go to any lengths, for the customer
The Blue pointer on the top represents the philosophy of a Bank
that is always looking for growth and newer directions.
The Key hole represents Safety and Security
The Chain indicates togetherness
The colours Red and Blue denote dynamism and solidity

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 Vision and Mission
About Us

The Bank

Our Vision & Mission

Board of Directors

General Managers

Offices & Branches

IndiaFirst Life Insurance

(JV)

Global Presence

Websites
Our Vision

Recruitment

Training Institutes Envisions to be a Trustworthy, Efficient and Strong Bank committed to increasing our market
shareby generating innovative Customer-Centric services and products igniting
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the Passion and Creative talents in Human resource leveraging Technology to expand the
clientele & deliver Quality andValue Leading to Customer Delight.
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Our Mission

Amplify the front line capabilities to Serve Customers develop Processes leveraging
Technology dynamically locate & empower People fast-cycle knowledge into
innovative Products createPossibilities to reach the business goals & position the Bank as
a rising star in the Financial Horizon.

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Awards and Rewards

Andhra Bank No.1

BEST BANK MID-SIZE

Andhra Bank has emerged as BEST BANK MID-SIZE, with Rank 1, Size of
Balance Sheet Rs.90,380 Crore, Net Profit Rs.1,050 Crore in Businessworld -
Pricewaterhousecoopers Survey for India's Best Banks 2010. Among the winners,
HDFC Bank is Best Large Bank, Karur Vysya Bank is Best Small Bank, State Bank
of India is Most Socially - responsible Bank.

BEST BANK - for the Quality of Assets

Andhra Bank has been awarded 'BEST BANK - for the Quality of Assets " by
BUSINESS TODAY for the year 2009-'10 on 08.12.2010

Beating the Blues

Two years after the financial cataclysm rocked the global banking system, the banking
sector in India is back in the reckoning. The performances of the banks for FY 2009-10,
as "The Analyst" Banking Special show, reaffirm the belief that it pays to be
conservative.
The annual survey of The Analyst Banking Special, which enters its seventh edition this
year, aims to analyze the remarkable resilience that Indian Banking Sector has shown
even amidst the worst crisis in modern times, individual bank's performances, the
strategies and the vital takeaways. Using the highly acclaimed CAMEL Methodology,
this study gauges performances of state-owned banks, private sector banks and foreign
banks on the key parameters like Capital Adequacy, Asset Quality, Management, Earnings
Quality and Liquidity.
The annual survey highlights that the year clearly belonged to the minnows of the banking
world : the Hyderabad based Andhra Bank tops the list in the Public Sector Banks
category, while Tamilnad Mercantile Bank, another South India based bank, which
emerged triumphant in the private sector banks. Among foreign banks, Shinhan Bank
 Andhra Bank Won The Best Public Sector Award

Andhra Bank has won the Banking Excellence Award for the Best Public Sector Bank ,
instituted by the State Forum of Bankers Clubs Kerala on 13.11.2010 Andhra Bank,
South

Indian Bank and Yes Bank have won the top award as the best banks in the categories of
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Excellence Awards instituted by the States Forum of Bankers' Clubs.

Toll Free Number: 1800 425 1515
Hindi Telugu

MSME National Award Search

Andhra Bank received the MSME National Award for the year 2009-10 for Andhra
Bank's outstanding performance in PMEGP Scheme in National Awards Presentation
Function, New Delhi on 31.08.2010

ANDHRA BANK breaks into Top 500 Global List

Andhra Bank with a brand value of $ 134 million, has been listed as one the Top 500
Global Financial Services Brands by UK based Brand Finance co. Andhra Bank is
ranked 461 in the Brand Finance @ Global Banking 500, an annual international
ranking, the bank is one of the Top 20 Indian Banks in the global league for this year

AWARD RECEIVED FOR THE YEAR 2009

Best Bank award

Sri R S Reddy, Chairman and Managing Director of Andhra Bank received the Best
Bank award on 26.11.2009 in Mumbai.Andhra Bank has been adjudged the BEST
BANK for the year 2009 on Quality of Assets by the BUSINESS TODAY-KPMG
Study. Among all classes of Banks in India-Public, Private or foreign, Andhra Bank has
the best percentage of performing assets. Net NPA is 0.16% as against an industry
average of 1.50%, with delinquency ratio of just 0.23%.
ANDHRA PRADESH AWARD for MSME 2007-'08
Sri R S Reddy, Chariman and Managing Director of Andhra Bank received the ANDHRA
PRADESH STATE AWARD for bank's outstanding contribution to Micro & Small
Enterprises Development 2007-2008 from Sri K Rosaiah, Chief Minister of Andhra
Pradesh on 02.11.2009.

Awards Recived- in the Year 2006-07 :

SAFA award

Received Best Presented Accounts Award 2005 from SAFA's

(SouthAsian Federation of Accountants)Centrein Colombo,Sri Lanka on 16.01.2007.
"BEST BANK AWARD" by IDRBT, Hyderabad
Andhra Bank has bagged the "Best Bank Award" in the category of "Use of IT for
Customer Service in Semi Urban and Rural areas" for 2005-06. Our Chairman &
Managing Director, Sri K Ramakrishnan has received the award from Sri Y V Reddy,
Governor, RBI at Institute for Development and Research in Banking Technology
(IDRBT) Hyderabad on 2.9.2006.
 FINTECH Asia 2006 Award For "Any Branch Banking (ABB)"
Andhra Bank has bagged the FINTECH Asia 2006 Award for its initiatives under "Any
Branch Banking (ABB)" service across the Country. Andhra Bank is the only Bank in the
Country to receive one of the six Awards announced by the Financial Insights (USA), an
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Ranked 683rd among Top 1000 Banks in the World
The prestigious 'The Banker' - a Financial Times Business Publication, July 2005 Issue
published from London has ranked Andhra Bank as the '683rd Largest Bank Globally', out
of the Top 1000 World Banks' Annual Rankings. Select Locator

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2nd Highest Mover in the World having climbed 277 places over previous
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Andhra Bank also happened to be the 'Second highest mover in the WorldInternet
and highest
Banking
mover compared to any other Bank in Asia' having climbed 277 places in the Top 1000
Banks' Rankings based on Tier-I Capital. Online Tax Payment

Ranked as the Top Number 1 Bank in Asia under the "Return on Capital"
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'The Banker' Magazine went on to Rank 'Andhra Bank as the Top NumberMobile
1 Bank in Asia'
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under the "Return on Capital" among all the Asian Banks - Rankings being based on Tier-I
SMS Banking
Capital Business Parameter.
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Our Bank has been adjudged as the "Best Bank under Large Banks Category" by "The
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Analyst" Magazine - An ICFAI Publication, in its Performance Analysis of Select Indian
Banks for 2004-05. e-rail Ticketing

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The Best Bank as per the Business Standard Annual Banking Survey, 2004-05
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The "Best Bank" Status was conferred on our Bank by the Business Standard in its Annual
Banking Survey for 2004-05 in terms of Productivity, Profitability, Growth, Safety and
Efficiency.
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Best Bank Rating from Business Today Magazine Anti Phishing

The Business Today Survey of the Best Banks in India has Ranked Andhra Bank at 5th
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and at
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of Earnings, Capital Adequacy and Asset Quality. The Bank has also been Ranked No.5
under Slowest NPA Growth Category and Ranked No.2 under ReturnNews on Capital
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ICRA Rating for Corporate Governance
Our demonstrated commitment to vigilant Corporate Governance has been rewarded by
ICRA, which assigned us a Corporate Governance Rating of "CGR-2". This denotes high
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level of assurance on the quality of Corporate Governance.

Award of Institute of Chartered Accountants of India for excellence in Financial

Reporting
The Institute of Chartered Accountants of India (ICAI) has recently awarded our Bank the
"Silver Shield" under the category of Banking, Insurance and Financial Institutions, given
for excellence in financial reporting in published accounts for the year, 2004-05. Our Bank
is the only Public Sector Bank to receive an Award from ICAI.
IBA Technology Award
Andhra Bank has been conferred the "Runner-Up" Award under "Best Payment Initiative"
at the Indian Banks' Association (IBA) Banking Technology Awards, 2005 for having
wide ATM Network and highest number of hits per day.
Awards for SLBC, as Convenor Bank in the State of AP
State Level Bankers' Committee (SLBC) of A.P. (Convenor Bank : Andhra Bank) has
been awarded for ensuring excellent performance by all Banks for Kharif 2005.
Andhra Bank as the Convenor Bank for the State Level Bankers' Committee (SLBC) of
 of Rajiv Yuvashakti Scheme.

Awards for Best Performance under Kharif Loans

Andhra Bank was awarded by the Government of Andhra Pradesh for Best Performance
in exceeding Targets under disbursement of Kharif during 2005.

Agrl. Term credit AB

BestKisan
Bank Pragathi
in lending to Agriculture
Government of Andhra Pradesh has instituted for the first time Awards for Best Farmers
AB Kisan Pragathi and Best Bankers at the State Level and District Level. Andhra Bank has bagged the Best
AB Kisan Rakshak
Banker Award at the State Level for its overall performance.
AB Kisan Chakra Best Banker in lending to Unemployed Youth under Rajiv Yuva Sakthi
Rural Godowns
Andhra Bank has been given the Best Banker Award for its performance during the
Year, 2005-06 for achieving Targets under the Rajiv Yuva Sakthi Scheme.
Purchase of Land

Dairy Agents Overwhelming Response for Bank's Follow-on Public Issue (FPO)
Kisan Bandhu
The Bank's 2nd Public Issue (FPO) in January 2006 received overwhelming
response and the Follow-on Public Issue was oversubscribed by 11 times.
AB Kisan Pragathi

To meet their various need based miscellaneous expenditure connected to farming & allied
activities, a new scheme "AB KISAN PRAGATHI" has been introduced.
The scheme aims at providing hassle free credit to the farmer in the areas where it is
difficult to assess the small credit requirement in strict banking terms towards cost
incurred like
• Land leveling, bunding, contour formation, land reclamation etc.,
• To purchase miscellaneous agricultural implements like sickles, harrows,
Cultivators, seed drills etc.
• To purchase plant protection equipment like sprayers, dusters and power Sprayers
etc.
• To carry out the repairs for the existing agricultural implements and plant
Protection equipment
• To grow live hedge, trees like coconut, teak, vegetable cultivation on bunds etc.
• To carryout small repairs to the existing minor irrigation structures like wells, tube
wells, electric motors and pump sets, oil engines, replacement of pipelines, etc.
• To meet the working capital requirements of existing livestock like dairy, sheep,
goat, backyard poultry etc.
The details of the new scheme are as under:

Name of the Scheme :

AB KISAN PRAGATHI ( Finance to meet the miscellaneous expenditure incurred by the

farmer towards agricultural and allied activities)

Eligibility

All existing and new farmers who are owner cultivators and availed crop loan facility
with the branch.

Credit limit:

up to a maximum credit limit of Rs.10, 000/- (or) to the extent of crop loan limit
availed by him, which ever is lower per borrower who is owner cultivator. The
finance can be extended on the basis of self declaration that the farmer requires the amount
season.

Facility :

Agricultural Term loan

Margin:
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15% of the proposed requirement towards the miscellaneous activities mentioned in the
self declaration. Toll Free Number: 1800 425 1515
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Rate of interest:

Base Rate + 2.50 + 0.25 = 9.50 + 2.75 + 0.25 = 12.50 % p.a.

Repayment schedule:

Repayable in 5 annual installments commensurate with the due date of the crop loan.

Security :

As per existing guidelines of the Bank for agricultural advances

Compounding of interest:

If a particular installment is not paid on due date, compounding of Interest is to be done on

that particular installment.

Upfront fee:

1% of the term loan limit.

Insurance:

No specific insurance is to be covered .However; all eligible crops are to be covered under
crop insurance.
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 AB Kisan Rakshak (Farmers' Debt Swap Scheme)
Agrl. Term credit

AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu
Objectives

To provide Bank credit to the indebted farmers to repay loans taken from non-institutional
lenders i.e., private money lenders

Coverage

The relief measures are intended to cover

• Existing farmer borrowers of the bank, who have been regular in repaying loans
with interest in the past, except on occasions when they could not do so on account
of factors beyond their control
• Non borrower farmers in the service area of the bank branch
• If a non-borrower approaches for bank Finance, he/she shall be assessed for crop
loan limit under Pattabhi Agri Card and a Separate limit for repayment of non
institutional debt as per the eligibility criteria

Existing Borrowers

* In addition to the regular crop loan limit, 50% of crop loan (Pattabhi Agri Card)
sanctioned limit subject to a maximum Rs.50,000/- (or) to the extent of debtWhichever is
lower to be considered as Additional Loan to repay debts to Non Institutional Lenders

Non Borrower Farmers (New Loanees)

* Non Borrower farmers are also eligible. A Pattabhi Agri Card limit based on cropping
Pattern and scales of finance is arrived first
• In addition to the regular crop loan limit, 50% of crop loan (Pattabhi Agri Card)
sanctioned limit subject to a maximum of Rs.25000/- (or) to the extent of debt
which ever is lower to be considered as Additional Loan to repay debts to Non
institutional Lenders

Terms

* The amount due to the Non Institutional Lender by the farmer should be released
Directly by the branch by way of Cheque/ Demand Draft / Pay Order, against Discharge of
the financial instrument. The discharged instrument should be kept Along with the
 Rate of Interest

Base Rate + Spread + TP i.e., 9.50 + 2.50+ 0.25 = 12.25 % p.a.

Repayment Schedule
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Repayable in seven years after a gestation period of 1 year. The yearly installment in Term
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Loan should be recovered along with Pattabhi Agri Card Loan i.e., on or before 30th June
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of every year or marketing the produce whichHindi
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earlier
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Security

• Hypothecation of crops & suitable co- Obligation only for the aggregate limit of
Rs. 1 lakh
• For aggregate limit over & above Rs.1 lac collateral security with value equivalent
to bank loan shall be offered

For further details contact the nearest branch

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Agrl. Term credit AB Kisan Chakra

AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu
Eligibility:

• Existing borrowers who are owner cultivators having minimum 2 acres of double
cropped area / 5 acres of single cropped area.
• All farmers below the age limit of 55 years.
• Women Farmers are also be considered.
• Loans considered in the name of son / daughter, if the farmer has become ineligible
due to age factor.

Purpose:

Purchase of Two Wheelers & Four Wheelers

Amount of Finance:

• 75% (In case of other farmers)/85%(in case of Small and Marginal farmers) cost of
the two-wheeler vehicle, inclusive of life tax and insurance, etc. Subject to a
maximum amount of Rs. 40,000/- will be considered under the scheme for
purchase of two wheelers of standard make from authorized dealers.
• 75% (In case of other farmers)/85%(in case of Small and Marginal farmers) cost of
the four-wheeler vehicle, inclusive of life tax and insurance, etc. Subject to a
maximum amount of Rs.3,00,000/- will be considered under the scheme for
purchase of four wheelers of standard make from authorized dealers.
• Rate of Interest: BR + 4.50 i.e., 9.50 + 4.50 = 14.00 % p.a.
• Term premia of 0.25% applicable if the repayment exceeds 3 years.

Margin:

Minimum of 25%(in case of other farmers and 15% in case of Small and Marginal
Faarmers) of the vehicle cost including insurance and life tax.
 • Vehicle to be hypothecated to the bank.
• 'C' Book endorsement incorporating Bank's lien.
• Insurance with Bank's clause.
•
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 AB Rural Godowns Kisan Samraksha
Agrl. Term credit

AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu
Eligibility:

Individuals, Farmers, Group of Farmers/ Growers, Partnership Firms, Proprietory Firms,

NGOs, SHGs, companies, Corporations, Cooperatives, Local Bodies.

Location

Entrepreneur will be free to constuct godown at any place as per his / her commercial
judgement except for the restriction that it would be outside the limits of Muncipal
Corporation Area.
Rural areas as per the definition of NABARD are to be included under the scheme
provided there is sufficient production and availability of potentiality. The structure shall
be located on a well-drained site not liable to flooding or inundations and it shall be away
from a place likely to be affected by seepage water.

Capacity

Capacity of the godown shall be decided by an entrerprenuer.

Margin:

Minimum of 25%

Repayment Schedule

12 to 15 Years, including grace period of 12 months. Normally, the constructions of

godown should be completed within 6 months of disbursement of bank loan. Repayments
are to be made in quarterly installments.

Rate of Interest

Upto the capacity of 10,000 MT-- Base Rate + Spread + TP i.e., 9.50 + 1.75 + 0.25
=11.50% p.a.
Above 10,000 MT --- Base Rate + Spread + TP i.e., 9.50 + 2.75 + 0.25 = 12.50 % p.a.
 Security

Primary security of the site and the godowns constructed there on. Collateral security is to
be obtained at least 100% of loan amount.

Insurance
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The godowns including the stock there in are to be fully insured against all possible risks.
Toll Free Number: 1800 425 1515
The scope of our existing Kisan Samraksha scheme
Hindi extended
Telugu to provide finance to the
following: Search

A) Purchase of Rural Godowns.

1. Unit cost: Godown value as per Approved Engineer's Valuation report (or) cost of
the Godown as per the sale agreement which ever is less
2. Bank Loan : 75% of the unit cost + 50% of cost incurred towards stamp duty and
registration charges
3. Repayment period: 5- 7 years (or) remaining life of the Godown as certified by the
Engineer which ever is less
4. Godowns eligible for purchase:
i. Godown proposed for the purchase should not be more than 10 years old.
ii. Godown should be as per the specifications of FCI
iii. The remaining life of the Godown should not be less than 10 years to be
certified by Approved Engineer
B) To under take repairs to the existing Godowns.
1. Unit cost: Unit cost is fixed based on the estimates prepared by the Approved
Engineer for Repairs (Or) 20% of value of the Godown valued by Approved
Engineer which ever is less.
2. Bank Loan: 60% on eligible amount
3. Repayment period: 3-5 years or remaining life of the Godown as certified by the
Engineer which ever is less
4. Godowns eligible for repairs:
a. Godowns constructed after 5 years are eligible for repairs.
b. Remaining life of the Godown should be minimum 10 years to be certified
by Approved Engineer
c. Godown should be as per the specifications of FCI
d. Godowns are free from any encumbrances and no outstanding loans with
other banks
e. Borrowers who have availed finance for the purchase of Godown are
eligible for availing finance to under take repairs after five years of the loan
availed for the purchase.
The following guidelines are common to purchase or to under take repairs.

Primary security: Equitable mortgage of Rural Godown

Collateral security: 100% of the loan amount
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Agrl. Term credit AB Finance for Purchase of Land for Agricultural Purpose (Land Purchase
Scheme)
AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu

Objectives

• To make the small and marginal holdings economically viable.

• To bring fallow lands and waste lands under cultivation
• To step up agricultural production and productivity
• To finance the share croppers/tenant farmers to purchase land to enable them to increase their income

Purpose

To provide term finance to small and marginal farmers to purchase agricultural/fallow/waste land.
Eligibility :Small Farmers, Share Croppers / Tenant Farmers i.e., those who would own maximum non
irrigated or irrigated land including proposed purchase of land under the scheme.

Quantum of finance

Maximum of Rs.2,00,000/-

Margin

20% of the project cost

Repayment

In 7-10 years in half yearly/yearly installments

Security

• Mortgage of land purchased out of the Bank loan.

• Loans above Rs.50,000/-, co-obligation/third party guarantee is to be obtained

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 For Dairy Agents
Agrl. Term credit

AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu
Objectives

• 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

Classification

Indirect Finance to Agriculture

Loan amount

• Minimum of Rs. 1 lac per borrower for every 100 liters of milk procured by him
and a maximum of Rs. 3 lakhs for procurement of 200 litres of milk.
• The amounts will be released to the agent based on specific recommendation of the
company.

Eligibility

• The agent should be satisfactorily associated with the company for a minimum
period of two years.
• Should not be a defaulter to any other bank.
• Should have adequate collateral security to offer.
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Agrl. Term credit AB Kisan Bandhu – Tractor Financing

AB Kisan Pragathi

AB Kisan Rakshak

AB Kisan Chakra

Rural Godowns

Purchase of Land

Dairy Agents

Kisan Bandhu
Objectives

To finance for tractors to improve farm mechanization.

Eligibility

Farmers having 3 acres of double cropped (owned) or 6 acres of single cropped land
(owned)

Quantum of finance

Up to unit cost of the tractor. Besides Tractor, minimum 3 implements including Trailor
should be considered as Unit Cost.

Margin

15% of the unit cost

Repayment

9 yearly or 18 half yearly installments linked to harvesting season.

Collateral Security

• Up to Rs.3,50,000/- , no collateral security.

• Above Rs.3,50,000/-: Collateral security in the form of mortgage of land/charge
creation under state laws

Rate of interest

Base Rate + Spread + TP i.e.,9.50 + 3.75 + 0.25 = 13.50% p.a.

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Women AB Mahila Sowbhagya
Empowerment
AB Mahila Sowbhagya

AB Self Help Groups

AB Mahila Jyothi

AB Mahila Soubhagya (Debt Swapping for SHGs) Scheme

To mitigate acute distress faced by SHG members i.e., poorest of the poor sections of the
society due to heavy burden of debt from non-institutional money lenders.

Coverage

All Self Help Groups

Eligibility Criteria

• First Dose : Minimum Rs.25,000 or 50% Of regular loan limit which ever is
higher
• Second Dose: Minimum Rs.50,000/- for rural SHGs & Rs.75,000 for urban or
50% of regular Loan limit which ever is higher
• Third Dose : 40% of Micro Credit plan or to the extent of debt which ever is lower
upto i.e., Maximum of Rs.2,00,000/-

Rate of Interest

Base Rate + Spread = 9.50 + 4.00 = 13.50% p.a.

Repayment Period

Repayable in three to five years in monthly installments with gestation period of 6 months

Margin & Security

• No Collateral Security up to Rs.5.00 lakhs per group

• No margin
• Hypothecation of Book Debts / Assets created out of loan

* Subject to review from time to time

For further details contact the nearest branch
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 AB Kisan Green Card (Multiple Facility Schemes for Farmers)
Special Schemes

Agri Clinics

AB Kisan Green Card

The scheme will be referred to as the 'Scheme to cover term loans for agriculture & allied
activities under Pattabhi Agri Card' and will be termed as " Andhra Bank Kisan Green
Card."

Objectives

The scheme aims at providing adequate and timely credit for the comprehensive credit
requirements of the farmers under single window with flexible and simplified procedures.
The schemes aims to provide the farmers both Short term as well as Medium term loan
requirements and a reasonable component of consumption needs.

Loan eligibility

Individual farmer beneficiary availing PAC facility with our bank having satisfactory track
record for a period of three years. Only owner cultivators are eligible for loans.

Nature of financial assistance

The credit facility extended under the scheme will be in the nature of term loan for
Agriculture/ Allied activity loans and revolving credit for short term loans & consumption
credit.

Quantum of limit

• The loan limit would be equal to 5 times the annual farm income or 50% of value
of landed property owned subject to maximum of Rs.5.00 lacs
• The minimum card limit is Rs.25,000.
• The quantum of loan will be fixed based on crop production as well as working
capital for agriculture and allied activities. Within the overall credit limit
sanctioned, the farmer is free to choose his own purpose like purchase of
agricultural implements, land development, purchase of cart & bullocks, dairy
animals, sheep etc, repair of farm machinery or any other need including domestic
needs like sickness, children's education and family functions.
• The total limit would have a relationship with the projected net earnings and the
repaying capacity of the borrower.
 Validity period of the card

The card limit is valid for a period of one year and can be renewed year after year. No
documentation is required for subsequent years except the renewal letter. However, fresh
documents are to be obtained at the end of third year. Default in repayment of any of the
installments / out standings will render the card holder ineligible for further withdrawals.

Operational procedure

• The farmer should inform the branch manager the purpose of drawl and the
approximate cost thereof less a minimum margin of 15%. Drawls for consumption
credit should not exceed 20% of the limit sanctioned. Drawls can be made in
installments as and when required. A separate account will be opened for each
purpose and a separate repayment programme drawn up in consultation with the
farmer.
• A farmer whose application is approved will be issued an identity card-cum-pass
book with photo and other relevant details. He can take the required amount at
different intervals by opening different accounts subject to a maximum of five
accounts outstanding at any point of time. There will be no need to separate
documentation and other formalities for these different accounts.

Rate of interest

As applicable to Agricultural advances. Each facility has to be treated as a separate

account and interest charged accordingly.

Registers to be maintained

A separate register suitably designed for noting down the details of Green Cards issued
and loans sanctioned under the scheme will be maintained.

Classification of loans

Loans given are to be classified according to the purpose for which loans are allowed.

Insurance coverage

• Coverage under Personal Accident Insurance Scheme (PAIS) upto Rs.50,000/-

• Optional Rs. 1,00,000 accidental insurance coverage available to the Agri card
scheme under ICD scheme

Prudential norms

• Prudential norms will be applicable as per RBI stipulations

• Automatic stoppage of withdrawal under different loan facilities even if one of the
loan facility is impaired

Repayment period