Interest rates on refinance on loans to MFIs for on lending to clients will be at 3 % less than that charged by banks subject to a minimum rate of 9.5 % for CBs and 9 % for RRBs.
iv)
Interest rates on refinance for NE Region, Sikkim, A&N Islands, Himachal Pradesh, J&K and Uttarakhand are 9 % for all the agencies for all eligible purposes.
National Bank for Agriculture and Rural Development