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Other Branches  


Branch Name      :   Vizianagaram             

Contact Person    Sri P.V. Phani Bhushanam
                                  Branch Manager

                                  D.No.20-21-6, Plot No.1,2nd Floor
                                  Near Saibaba Temple,
                                  100 Ft. Ring Road,
                                  Vizianagaram - 535 002
                             Phone: 08922-224685, 9989334308

   email                 : vizianagaram@apsfc.com

Branch Profile

Branch jurisdiction: Entire District

Statutory restrictions if any in the district: Nil

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

a.       Rice Mills, Dall Mills, Roller Flour Mills

b.      Jute yarn, Twine, bags and its related activities

c.       Stone crushers

d.      Hatcheries & Sea food processing

e.      Cold storages

f.        Ferro Alloys

g.       Granite processing

h.      Tourism related activities

i.         Corrugated boxes

j.        Cashew processing

k.       Milk / Chilling plants

l.         Health care (Nursing homes / Hospitals, Diagnostic centres, Doctors etc)

m.     Construction activity (Commercial / residential)

n.      Solvent distillation

o.      Steel re-rolling

p.      Mining activity (Quartz, Manganese, Lime stone , Lime kankar, Granite)


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

Key Areas 2015-16 2016-17 2017-18
Sanctions 842.50  636.00 407.8
Disbursements 873.52  381.92 322.62
Recoveries 1329.01 1384.82 1350.62


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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