APCOB through its affiliate DCCBs and PACS, is the single largest provider of investment credit in Andhra Pradesh.
Purposes
Loans under investment credit are provided for Minor Irrigation, Farm Mechanisation, Dairy, Poultry, Sheep, Goat and Piggery, Plantation and Horticulture,Fisheries, Land Development Two Wheelers and Agro-Forestry and a host of other agricultural investment purposes.
Period of Loan
The duration of Loan under this portfolio range from 5 to 15 years depending on the purpose and are scheduled for repayment on equated annual instalments with suitable grace periods as per the scheme requirements.
Security
Long Term loans issued to the Borrowers against mortgage of Agricultural lands.
Eligible amount
The eligibility of the member is calculated @ 150% of the basic value register maintained at SRA subject to the following ceiling limits.
| Double Crop Wet Land |
Rs, 1,65,000/- per acre |
| Single Crop Wet Land |
Rs. 1,00,000/- per acre |
| Dry Land |
Rs. 75,000/- per acre |
Margin Money
The borrowers have to meet 25% of the cost by way of margin money/down payment in respect of Farm Mechanisation and Two-Wheeler loans.
Rate of Interest
The rates of interest to be charged at various levels with effect from 23.08.2013 as approved by the Board of Management of APCOB are as follows:
| S.No |
Institution |
Refinance for 3 years & below 5 years
Rates of Interest/Margins
|
| Interest Rate |
Margin |
| 1. |
APCOB to DCCBs |
11.00 % |
0.50 % |
| 2. |
DCCBs to PACSs |
12.50 % |
1.50 % |
| 3. |
PACS to Ultimate Borrowers |
14.00 % |
1.50 % |
| S.No |
Institution |
Refinance for 5 years to 9 years
Rates of Interest/Margins
|
| Interest Rate |
Margin |
| 1. |
APCOB to DCCBs |
10.75 % |
0.50 % |
| 2. |
DCCBs to PACSs |
12.25 % |
1.50 % |
| 3. |
PACS to Ultimate Borrowers |
13.75 % |
1.50 % |
The Interest rates are subject to change based on revision by NABARD from time to time.
Interest Rebate
An Interest Rebate of 6% will be provided to the borrowers under Investment Credit provided if the loan instalment is repaid within the due date.
Capital Subsidy Schemes
Govt. of India through NABARD allowing capital subsidy to the borrowers under Investment Credit for the loans viz., Sheep, Goat and Pig Rearing, Small Dairy units, Poultry dressing, Salvaging & Rearing of male baffalo calves, Rearing of heifer calves, Dairy marketing outlets, construction of godowns etc.,
