Youtube Facebook Instagram Twitter Linkedin

Agri & Rural

Last Updated on: 01/11/2023



Credit to all Fishery and its related activity

Target Group

Individuals, Proprietary concern, Partnership Firm, Private limited company, Public limited company, LLP, OPC, FPO, FPC's etc


· Term loan & need based working capital for the below mentioned activities:

(i)Marine Fisheries - Fishing boats

(ii)Marine Fisheries - Deep Sea fishing vessels

(iii)Inland Fisheries

(iv)Fish processing & Other activity

Amount of Loan

  • Minimum- Above Rs. 10.00 Lakh,
  • Maximum- Rs.10.00 Crores


Prime Security:

Hypothecation/ mortgage charge on fixed assets and hypothecation charge on current assets created out of bank finance.

Collateral Security:

Mortgage of Immovable property (SARFAESI compliant) & any other security acceptable to Bank.

Rate of Interest

Refer - Interest Rates at a Glance (Click here)

Repayment Period

Maximum 12 years based on the activities undertaken


Maximum 24 months depends on the activities undertaken

For other details, please contact your nearest IOB branch.