Yak Andhra Banking Corporation Launches A Novel System Ps-Sbg

To commemorate the 138th nascency anniversary of it's founder Dr Bhogaraju Pattabhi Sitaramayya as well as the Silver Jubilee of the SHG-Bank linkage programme inwards India, the Andhra Bank has launched a novel system for self-help groups (SHGs) titled Pattabhi Sitaramayya — Self Business Group (PS-SBG).

This system was launched past times Nara Chandrababu Naidu, Chief Minister of Andhra Pradesh.

Under PS-SBG Scheme, the Self Help Groups having five years of association amongst Andhra Bank as well as having successfully completed iii credit rotations amongst practiced repayment tape as well as an aptitude for entrepreneurship, volition hold upwards eligible for a loan. 

Finance inwards the shape of working upper-case missive of the alphabet as well as term loan tin hold upwards extended to the grouping or inwards private capacity inside the grouping to the extent of ₹25 lakh without whatsoever collateral safety on easier damage as well as conditions.

Important Points you lot should know most Andhra Bank :

• Founder : Bhogaraju Pattabhi Sitaramayya
• Headquarters : Hyderabad
• Founded on : 20th Nov 1923 
• Headoffice : Hyderabad 

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