Andhra Pragathi Grameena Bank – Establishing “Poultry Estates” and Mother Units for Rural Backyard Poultry

By | September 19, 2011
2 Comments

Andhra Pragathi Grameena Bank came into existence from 1.06.06 by amalgamating Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank consequent upon the Government of India Notification dt.1.6.06. The Bank is constituted under Regional Rural Banks Act 1976. The Bank is having its Head Office at KADAPA with a jurisdiction of 5 districts namely Kadapa, Kurnool, Ananthapur, Nellore and Prakasam.

It offers special loan schemes to farmers. Its credit basket includes agricultural loans, loans to farmers, produce loans, priority sector loans, non- priority loans, education loan, home loan, personal loans etc.

Purpose: To offer financial assitance to the back yard poultry rearing

Eligibility: Individuals, SHGs, NGOs are eligible for the loan.

Quantum of Loan: Rs.0.20 lakh per unit; the mother units will also be eligible for Interest Free loan of Rs.0.36 lakh per unit which will be routed through the financing banks by NABARD.

Implementing agency: Department of Husbandry, Dairying and Fisheries, Department of Animal Husbandry GOI and NABARD

Looking for something more?

Personal Finance On The Go. Get The App!
All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.
Copyright reserved © 2024 A & A Dukaan Financial Services Pvt. Ltd. All rights reserved.
Category: Articles Glossary Tags: , ,

About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

2 thoughts on “Andhra Pragathi Grameena Bank – Establishing “Poultry Estates” and Mother Units for Rural Backyard Poultry”

  1. srinivas

    Hi Sir,
    My name is srinivas from Ap kurnool I want to start poultry Layer farm i want to apply for the loan what is the process please let me know in detail

    Reply ↓
    1. Team BankBazaar

      Hi Srinivas, Kindly check if you’re eligible for one here. Cheers, BankBazaar

      Reply ↓

Leave a Reply

Your email address will not be published. Required fields are marked *