ब्रेडक्रम्ब

iob_bank_agri_mudra

अंतिम अद्यतन तिथि :13/03/2026
एग्री मुद्रा

AGRI MUDRA – (For Agriculture & Allied Activities)

   

Objective

Credit facility to Agriculture allied and ancillary services

Nature and Purpose of Advance

Purchase of Tractors and power tillers

All Allied activities (Dairy, Poultry, Fishery, Goat rearing, Piggery etc.)

Agri Clinic and Agri Business centre

Food and Agro processing units

Services supporting the above services

Quantum of Loan

Minimum: No Minimum

Maximum: Rs. 20.00 Lakhs

Eligibility

Individuals, Proprietary concerns, Partnership firm, Pvt Ltd company having sufficient experience/knowledge in the line of activity undertaken.

Graduate/diploma in Agriculture for loans under ACABC

Security

Up to Rs. 20.00 Lakhs:  Hypothecation of assets created out of loan.

Nil Collateral as loan is covered under Credit Guarantee fund (CGFMU)

Margin

Up to Rs. 2.00 Lakhs: Nil

Above Rs 2.00 Lakhs: 15% to 25% (based on the activity undertaken)

Repayment

5 to 7 years (Monthly, Quarterly, Half- Yearly and Yearly based on the activity undertaken)

Rate of Interest

Internal Rating

Benchmark

Strategic Premium

Risk Premium

Total Spread

Effective ROI*

Rating-IOB 1

1 Y MCLR

0.20%

1.10%

1.30%

10.10%

Rating-IOB 2

1 Y MCLR

0.20%

1.20%

1.40%

10.20%

Rating-IOB 3

1 Y MCLR

0.20%

1.40%

1.60%

10.40%

Rating-IOB 4

1 Y MCLR

0.20%

1.60%

1.80%

10.60%

Rating-IOB 5

1 Y MCLR

0.20%

2.00%

2.20%

11.00%

Rating-IOB 6 and above

1 Y MCLR

0.20%

2.25%

2.45%

11.25%

*1 Year MCLR w.e.f 15.03.2026 - 8.80%

For Dairy loan with tie up/undertaking:

Up to Rs.5 Lakhs - *1 Year MCLR w.e.f 15.03.2026 - 8.80% + 0.45% (spread) = 9.50% at present.

above Rs.5 Lakhs - *1 Year MCLR w.e.f 15.03.2026 - 8.80% + 1.40% (spread) = 10.45% at present.

Processing Charges

Term loan:

Up to Rs. 50,000/- - Nil

Above Rs. 50,000/- up to Rs. 3 Lakhs - 0.30%

Above Rs. 3 Lakhs - 0.71%

Working capital:

Up to Rs. 50,000/- - Nil

Above Rs. 50,000/- up to Rs. 3 Lakhs - 0.20%

Above Rs. 3 Lakhs - 0.40%