Last Updated on 16/07/2021
IOB Green Credit Yojana


To provide credit facilities to meet both the production and investment credit needs of farmers.


Any farmer owning cultivable land in his name will be eligible for this facility.


Either agricultural production credit or investment credit for agricultural purpose or combination of both.

Amount of Loan

50% of the value of the farm land mortgaged to the bank subject to a minimum of Rs 1 lac and Maximum of Rs. 25 Lacs


Upto Rs. 1 Lacs:
Hypothecation of crop and assets created out of loan.
Above Rs. 1 Lacs:
Mortgage of Agricultural land having value of atleast twice the loan amount. Hypothecation of crop and hypothecation of any asset created out of loan amount.


Seven years in monthly, half yearly or annual instalments, depending upon the cropping pattern.

Rate of Interest

As applicable to Agricultural term loans

Other details

Non Agricultural property or liquid security can be accepted to supplement the value of the Agricultural land.

* For other details, please contact your nearest IOB Branch.