Andhra Bank to Hold Credit Camp Week from 25 Sept to 2 Oct 2015

Andhra Bank has organized a mammoth credit camp week on 25^th September 2015. It will end on Gandhi Jayanti (2^nd Oct). This camp is for the paying out of SHISHU loans specified under the PrimeMinister Mudra Yojana (PMMY) scheme. No security or assurance could be applied for during the camp term as mentioned by the bank’s deputy manager, Mr. S Trinath Sridhar. 

Tamil Nadu's goal for disbursements of Mudra mortgages this financial year is INR 650 million. Those from the non-agricultural sector such as retail, production and services can avail up to 10 lacs. All these are specified under the PMMY. Aside from Mudra cards, the bank has introduced two policies. One is AB Emerald Plus (current account) and the other one is AB Super Salary (savings bank account) with irresistible features and perks including loans at reduced rates.