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Other Branches  


Branch Name         :  Vizag              

Contact Person      : Sri G.Ravi Kumar

                                   Branch Manager


                                  D.No. 52-14-77/1, Near Bullayya College,
                                  Adj. to CRR Telecom complex,
New Resapuvaripalem,
                                  Visakhapatnam-530 013,
                                  Phone: 0891-2552574, 9949358514


email                     : vizag@apsfc.com


Branch Profile

Branch jurisdiction: Entire District

Statutory restrictions if any in the district:

Industries coming-up in VUDA limits shall obtain approval from Visakhapatnam Urban Development Authority.

Unique features / Govt.concessions / if any:

Export Processing Zone is set-up in Visakhapatnam which is named as “ Visakhapatnam " Export Processing Zone(VEPZ).

1. 100% EOUs are allowed to set-up industries in this Zone.
2. Separate facilities are created in this Zone for Custom’s clearances both for import of Capital goods and export of finished goods.
3. Proposals are on the anvil to set –up. Special Economic Zone in Visakhapatnam.


Some of the line of activities in the district

1. Nursing Homes
2. Hotels & Tourism Resorts 
3. Wire-drawing
4. Cartons
5. Colour Labs
6. Veneers and Plywood
7. Coal Tar Byproducts
8. Cold Storages
9. Shrimp Hatcheries
10.Heavy Engineering & Fabrication

11. Bulk Drugs

Branch Performance for the  last 3 years in Key Result Areas  (Rs Lakhs)

Key Areas 2015-16 2016-17 2017-18
Sanctions 8531.70 9169.00 2368
Disbursements 5548.23 4306.38 3600.8
Recoveries 6327.25 6400.17 4798.03


Loan Application Forms can be downloaded from "Products & Services" Tab. The cost of Application, Rs.500/- will be collected at the time of submission of Application.

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