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Agri & Rural

Last Updated on: 01/11/2023

Agricultural-Term-Loans

Land Development - Financial assistance for Land reclamation, Soil conservation measures and on farm development works like Land leveling, terracing, contouring, bunding, fencing etc.

Minor Irrigation - Term Loans are extended for construction of wells, for deepening/renovating the existing wells and for boring in the existing dug wells to augment water supply.

Farm Mechanization - Financing for purchase of machinery/implements like Tractors, Power Tillers, seed drill, seed-cum-fertilizer drill, planters, power sprayers, seed cleaners, weed removers, power threshers, chaff cutters, cane crushers, harvester combines etc.  

Plantation / Horticulture Crops - Term loans for cultivation of Coconut, Coffee, Tea and Rubber plantations, Floriculture, Vegetable and Fruit cultivation etc.

Loan for Allied Activities - Credit facilities extended for activities related to dairy, poultry, Fisheries, duckery, rearing of goat and sheep, pig, rabbit, etc.

 For other details, please contact your nearest IOB branch.