Interest Rates

Details of rates of interest charged by NABARD for Refinance to banks as on 15 July 2021

 

Sr. No Particulars Interest Rate (%)
1 Short Term refinance assistance:
a State Cooperative Banks for financing crop loans 4.50
b RRBs for financing crop loans 4.50
c DCCBs directly financing for crop loans 4.50
d Commercial Banks./RRBs in respect of their finance to PACS towards crop loans 4.50
e ST – Additional SAO/ST(Others)/ ST (SAO ) -SCARDBs (Annual Product) 5.50
f StCBs/RRBs - Conversion of Short Term- crop loans into Medium Term loans (3% less than the interest rate charged by banks to ultimate beneficiaries subject to minimum interest rate at 8.10%) 8.10
2 Long Term refinance assistance
a LT loan to State Govt. for contribution to share capital of coop. credit institutions 5.8
b RRBs/ StCBs
- Refinance for 5 years and above 6.40
- Refinance for 3 years to less than 5 years 6.00
- Refinance for 18 months to less than 3 years 5.50
SCARDBs
-Refinance for 5 years and above 6.45
Refinance for 3 years to less than 5 years 6.05
Refinance for 18 months to less than 3 years 5.55
3 Direct Lending
a Warehouse Infrastructure Fund (WIF)
State Governments Bank rate – 1.50%
State Government Corporation (with State Govt. Guarantee) Bank rate – 1.50%
Entities promoted by State / Central Government owned/assisted (without State Govt. Guarantee) PLR + risk premium
Other entities PLR+risk premium
* Current Bank Rate – 4.25%
* Current PLR–7.75%
b Food Processing Fund (FPF)
State Governments Bank rate – 1.50%
Entities promoted by State Governments (with Govt. Guarantee) Bank rate – 1.50%
Entities promoted by State Governments(without Govt. Guarantee) PLR + risk premium
Other entities PLR + risk premium
* Current Bank Rate – 4.25%
* Current PLR–5.80%

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