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  #1  
January 30th, 2018, 01:07 PM
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APSFC Loans For SC/ST

I want to know the loam limit and charges of Andhra Pradesh State Financial Corporation [APSFC] for SC/ST so can you tell me?
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  #2  
January 30th, 2018, 01:08 PM
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Join Date: Mar 2012
Re: APSFC Loans For SC/ST

Andhra Pradesh State Financial Corporation is the Premier Term Lending Institution in the State which provides adequate and timely financial assistance to its customers and ultimately contributing for the industrial promotion in the State.

Avail Loan-

Loan Limit

Limits of Financial Assistance

Constitution Max Limit per project

Proprietary & Partnership Joint Hindu families Rs.800 Lakhs

Limited companies Co-operative societies Rs.2000 Lakhs

Service Charge -

Application And Processing

Cost of Various Loan Application Forms

For loans from Rs.0.50 lakhs to Rs.10.00
lakhs(including Composite Loans) Rs150.00
For loans above Rs.10.00 lakhs upto Rs.15.00 lakhs Rs300.00
For loans above Rs.15.50 lakhs Rs500.00

Up-front Fee

Up-front fee @ 0.50% of loan amount is payable before initial disbursement for all the loans.However ,no upfront fee is payable in case of the following categories:
a) Working Capital Term Loans.
b) Loans under RSR Scheme.
c) Loans under Composite Scheme,Scheme for physically handicapped and SC/ST entrepreneurs.
d) Loans upto Rs.2.00 lakhs(including existing outstanding) to Small and Tiny Sector Industrial Projects(excluding SRTOs)
e) Soft loan (equity type) assistance under NEF,SEMFEX,MUN Schemes.
f) Refinance Scheme for Technology Development and Modernization of SSI units.
g) Refinance Scheme for Acquisition of ISO 9000 Series Certification.

Service Charges

The service charges payable are as under:

a) Composite Loans Nil

b) Other loans upto Rs.5.00 lakhs Rs.1000/-

c) Loans above Rs.5.00 lakhs 0.50% of the loan amount

e) Public Issue Appraisals: 100

- Projects up to Rs.10.00 crores 0.1% of the Project Cost.

- Projects above Rs.10.00 crores and Rs.1.00 lakh + Rs.5000/- for every
up to Rs.20.00 crores crore and part thereof in excess of Rs.10 crores

- Projects above Rs.20.00 crores and Rs.1.30 lakh + Rs.2000/- for every
up to Rs.50.00 crores crore and part thereof in excess of Rs.20 crores

- Projects above Rs.50.00 crores Rs.1.90 lakh + Rs.1000/- for every crore and part thereof in excess of Rs.50 crores
Contact-

Corporate Office:

Andhra Pradesh State Financial Corporation
5-9-194, PB No:165
Chirag Ali Lane,
Hyderabad - 500001.
Tel. Ph No: + 91 40 23201646, 23202550
Mob: + 91 98665 12503 / 502 / 501
Fax:040-23202972


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