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INFORMATION CENTRE

INTEREST RATE
Interest Rates

A) DETAILS OF RATES OF INTEREST CHARGED BY NABARD FOR REFINANCE TO BANKS UNDER VARIOUS SCHEMES
(w e f 19 July 2018)
 
S.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
Commercial Banks./RRBs in respect of their finance to PACS towards crop loans
 4.50
SAO – Additional Limit to StCBs / RRBs  7.95
ST - SAO to eligible Low Risk SCARDBs
 7.95
g
ST(OSAO)
 7.95
 h  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 8.20%)  8.10
2 Long Term refinance assistance  
 a  LT loan to State Govt. for contribution to share capital of coop. credit institutions  8.50
 b  RRBs/ StCBs  
 
 - Refinance for 5 years and above
 8.8
 
 - Refinance for 3 yearsto less than 5 years
 9.0
   - Refinance for 18 months to less than 5 years  8.75
 c  SCARDBs  
 
 - Refinance for 5 years and above
 8.8
 
 - Refinance for 3 years to less than 5 years
 9.0
   - Refinance for 18 months to less than 5 years  8.75
 d  PUCBs  
   - Refinance for 5 years and above

 9.20
   - Refinance for 3 years to less than 5 years  9.40
   - Refinance for 18 months to less than 5 years  9.15
 f  NBFC

AAA RATED #

  LT Refinance for 5 years and above
9.25
  LT Refinance for 3 years to less than 5 years 9.45
  LT Refinance for 18 months to less than 3 years 9.20
 
AA RATED
 
 
 g LT Refinance for 5 years and above 9.40
  LT Refinance for 3 years to less than 5 years 9.60
  LT Refinance for 18 months to less than 3 years 9.35
  A RATED (N.E / Hilly Region)
  LT Refinance for 5 years and above 9.40
  LT Refinance for 3years to less than 5 years 9.60
  LT Refinance for 18 months to less than 3 years 9.35
  # Highest safety rating offered by CRISIL as CRISIL AAA for Long Term Debt Instruments or equivalent rating of any of the Rating agencies approved by RBI/SEBI.** Refinance will be allowed on case to case basis
3 NBFC-mFI

NBFC-MFI (mfR1 Grade)

LT Refinance for 5 years and above
11.00(min)

LT Refinance for 3 years to less than 5 years 11.20(min)

LT Refinance for 18 months to less than 3 years
11.95(min)

NBFC-MFI  NBFC-MFI (mfR2 Grade) & mfR3 Grade in  N. Eastern Region (incl. Sikkim)               


LT Refinance for 5 years and aove
11.25(min)

LT Refinance for 3 years to less than 5 years 11.45(min)

LT Refinance for 18 months to less than 3 years
11.20(min)
 
B)  Direct Lending
 
 
  4  Warehouse Infrastructure Fund (WIF)  
 a State Governments Bank rate – 1.50%
 b State Government Corporation (with State Govt. Guarantee) Bank rate – 1.50%
 c Entities promoted by State / Central Government owned/assisted (without State Govt. Guarantee) PLR + risk premium
 d Other entities PLR+risk premium

* Current Bank Rate – 6.75%
# Current Prime Lending Rate (PLR) for WIF loans– 7.75% 
@ Risk Premium – Prescribed at 0.25%, 0.50% and 0.75% based on the level of project risk

 5  Food Processing Fund (FPF)  
 a State Governments Bank rate – 1.50%
 b Entities promoted by State Governments (with Govt. Guarantee) Bank rate – 1.50%
 c Entities promoted by State Governments(without Govt. Guarantee) PLR + risk premium
 d Other entities PLR+risk premium

* Current Bank Rate – 6.75%
# Current Prime Lending Rate (PLR) for FPF loans– 7.25%
@ Risk Premium –  Prescribed at 0.10%, 0.20% and 0.35% based on the level of project risk