IOB’s Agri scheme to fight COVID-19

IOB

Indian Overseas Bank (IOB), has introduced special credit facilities for the Agriculture sector as a relief measure to fight against the pandemic Corona virus.

This scheme is valid up to 30th June, 2020. Working Capital demand Loan – Agri (WCDL-Agri) is available to all existing borrowers enjoying cash credit/ OD for sectors like Poultry, Dairy, fisheries and other allied activities and other infrastructure activities like cold storage & Rural go-downs. As per Bank’s rule only account that are Standard & Performing as on March 2020 are eligible to avail this loan facility.

Share on linkedin
LinkedIn
Share on email
Email
Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp