apsfc.com Apply for Term/ MTL /Doctor Loan Andhra Pradesh : Financial Corporation
Organization : Financial Corporation Andhra Pradesh
Facility : Apply for Term/ MTL /Doctor Loan
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Home Page :http://apsfc.com/APSFC_FM/pages/productsnservices.aspx
Download Term lapplication :https://www.statusin.in/uploads/5338-TLAppln.pdf
Download MTL application :https://www.statusin.in/uploads/5338-ApplnMTL.pdf
Download Doctor application : https://www.statusin.in/uploads/5338-DoctorLoanAppln.pdf
Products (Fund Based Activities) :
Andhra Pradesh State Financial Corporation (APSFC) extends financial assistance for setting up industrial units in Small & Medium Scale, Service enterprises in the state of Andhra Pradesh. The Corporation extends finance basically through two products the Term Loans and the Working Capital Term Loans.
Term Loan :
The Corporation extends financial assistance up to Rs 500 lakhs per project normally for acquiring fixed assets viz., Land, Building and machinery through Term Loan. In extremely deserving cases the Corporation extends financial assistance up to Rs2000 lakhs . The Corporation is having an understanding (MOU) with SIDBI and Five Leading Nationalised Commercial Banks and for bigger projects it extends need based finance through consortium finance with MOU Banks and Institutions. The loan period normally ranges from 5 to 8 years.
MSME – MTL :
The Corporation extends financial assistance for existing units with good working results. The loan period normally is upto 3 years. The Corporation in consortium with Leading Commercial Banks, with which it is having a MOU, extends higher working capital loans to deserving units.