APSRTC CCS Loan – Eligibility & Apply Online 2024

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APSRTC CCS Loan: Are you an employee of the Andhra Pradesh State Road Transport Corporation (APSRTC) looking for financial assistance to fulfill your personal needs? If so, you’re in luck! APSRTC offers a unique loan scheme called the CCS Loan, designed to provide financial support to its employees. In this article, we will delve into the details of the APSRTC CCS Loan, how it works, eligibility criteria, benefits, the application process, required documents, loan repayment, and interest rates. So, let’s dive in and explore how this loan can help you finance your dreams.

What is APSRTC CCS Loan?

The APSRTC CCS Loan, also known as the Contributory Contributory Services Loan, is a loan program specifically tailored for the employees of APSRTC. This loan facility aims to support employees by providing them with financial assistance to meet various personal needs, such as education expenses, medical emergencies, home renovations, vehicle purchases, and more. With favourable interest rates and flexible repayment options, the APSRTC CCS Loan stands as a reliable financial resource for the employees.

How does APSRTC CCS Loan work?

The APSRTC CCS Loan operates on the principle of employee contributions. A certain portion of the employee’s salary is deducted each month towards the loan repayment. The deducted amount accumulates over time and forms a fund, which is then utilized to disburse loans to the employees when they apply for financial assistance. This method ensures that the loan program remains sustainable and readily available to the employees whenever they require it.

APSRTC CCS Loan Eligibility Criteria

To be eligible for the APSRTC CCS Loan, employees must meet certain criteria. The following conditions generally apply:

1. Employment Status

Applicants must be permanent employees of APSRTC, fulfilling the necessary service period requirements.

2. Loan Repayment History

Employees should have a clean loan repayment history with APSRTC or any other recognized financial institution.

3. Age Criteria

Applicants should fall within the prescribed age limit set by APSRTC for loan eligibility.

4. Loan Amount Limit

There may be a maximum loan amount limit based on the employee’s salary and other factors.

Benefits of APSRTC CCS Loan

The APSRTC CCS Loan offers several benefits to its employees, making it an attractive financing option. Some of the key advantages include:

1. Lower Interest Rates

The interest rates offered under the APSRTC CCS Loan are typically lower compared to other personal loan options available in the market. This helps employees save money on interest payments.

2. Flexible Repayment Options

Employees can choose from various repayment options, including monthly instalments deducted from their salary or through online payment modes, depending on their convenience.

3. Quick Loan Disbursement

The loan application and approval process for APSRTC CCS Loan is usually quick and hassle-free. Once the application is approved, employees can expect timely disbursement of funds.

4. Multipurpose Use

The loan amount obtained through APSRTC CCS Loan can be utilized for a wide range of personal needs, providing flexibility to employees.

How to apply for APSRTC CCS Loan?

Applying for the APSRTC CCS Loan is a simple and straightforward process. Employees can follow these steps:

  1. Visit the official APSRTC website or the designated loan application portal.
  2. Fill out the loan application form with accurate personal and employment details.
  3. Attach the required documents to support the loan application.
  4. Review the application form and submitted documents for any errors or omissions.
  5. Submit the application online or through the designated channel as specified by APSRTC.

Required Documents for APSRTC CCS Loan Application

To complete the loan application process successfully, employees need to submit the following documents:

  1. Proof of Identity (Aadhaar card, PAN card, passport, etc.)
  2. Proof of Address (ration card, utility bills, lease agreement, etc.)
  3. Employment Verification Documents (appointment letter, salary slips, employee ID, etc.)
  4. Bank Statements (for the past few months)
  5. Photographs (passport-sized)

Loan Repayment and Interest Rates

The APSRTC CCS Loan follows a structured repayment schedule. The loan amount, interest rate, and tenure determine the monthly instalment. Employees can repay the loan through salary deductions or online payment modes. The interest rates are competitive and depend on various factors such as loan amount, tenure, and the employee’s credit history.


Can I apply for an APSRTC CCS Loan if I am a temporary employee?

No, the APSRTC CCS Loan is specifically designed for permanent employees of APSRTC.

How long does it take to get the loan amount after applying?

The loan disbursement process typically takes a few days to a couple of weeks, depending on the verification and approval process.

Can I prepay the loan amount before the completion of the tenure?

Yes, you can prepay the loan amount, but some terms and conditions may apply. It is advisable to check with APSRTC for detailed information on prepayment.

Can I apply for an APSRTC CCS Loan if I have an existing loan from another financial institution?

Yes, you can apply for an APSRTC CCS Loan even if you have an existing loan. However, the approval will depend on your creditworthiness and loan repayment history.

Are there any processing charges or hidden fees associated with the APSRTC CCS Loan?

APSRTC may charge a nominal processing fee for loan applications. It is essential to go through the terms and conditions to understand the applicable charges.



The APSRTC CCS Loan stands as a reliable financial aid program for the employees of APSRTC, providing them with the necessary funds to fulfil their personal aspirations. With its competitive interest rates, flexible repayment options, and quick loan disbursement process, the APSRTC CCS Loan offers a convenient and affordable solution for employees in need of financial assistance. If you are an APSRTC employee, consider exploring this loan scheme to turn your dreams into reality.

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