New loan scheme launched by Andhra Bank
By Vaibhav Aggarwal
Feb 1, 2012
Print    Email    RSS   

A new loan scheme has been launched by Andhra Bank primarily aimed for the self-employed professionals. The scheme has been christened as AB Professional Loan.

The Chairman and Managing Director of the bank, Mr. B. A. Prabhakar said "The service sector is growing and many professionals are in need of capital. The idea is to promote self-employed professionals."

"We have a target of Rs 150 crore business before end of March 2012 under this product," he said.

A customer can borrower a maximum amount of Rs. 10 lac through this scheme. An interest rate of 14% per annum will be applicable on the borrowed amount.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Need of Financial inclusion: making the...
Carnival of Indian Personal Finance Blogs # 7
Pros and Cons of Personal loans
Which is better: personal loan or gold loan?
Personal loan: Lender of the last resort

{{Banaswadi}}Indipendent ℂall Girℒs Iℕ...
am taken AXIS Bank PL am Want Loan Track Record How...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan
i need my personal loan track statement

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive