Indian Overseas Bank disburses Rs.3.05 crore farm loans

Indian Overseas Bank (IOB) disburses Rs.3.05 crore in farm loans. The Indian Overseas Bank (IOB), as part of its ‘Kisan Month’ campaign, disbursed farm loans to the tune of Rs.3.05 crore to over 250 farmers here in the Nagapattinam district of Tamil Nadu.

The lead bank for Nagapattinam district distributed the loans through its 36 branches through ‘loan mela’ on Monday. With this the bank has disbursed cumulative loans to the tune of Rs.10.10 crore for the period August 2012-September 2012.

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