This study investigated about the seasonal variation of pollutant loads flowing into the Yeong-il bay from constructing Tank model which is the simulation model to evaluate the daily river discharge and pollutant load in the Hyeong-san river watershed. The estimated annual average river discharge of Hyeong-san river flowing into Yeong-il bay is about 878.34×10⁶㎥/year which is about 73% of annual average of total precipitation in Hyeong-san river watershed. The annual average of pollutant load flowing into Yeong-il bay was estimated each 15.11 ton-COD/year, 23.24 ton-SS/year, 10.65 ton-TN/year, and 0.54 ton-Tp/year. For the seasonal variation of pollutant loads, it was tended as increasing of river discharge as increasing of inflow pollutant loads at June and July of summer and October of autumn. The main source of pollutant loads was found to be the Pohang city and Pohang industrial complex which are located near the mouth of Hyeong-san river. Therefore, for effective water quality management of Yeong-il bay, the counterplan to reduce pollutant loads from the main source of pollutant loads is required.