Interest Rates

 

Types of Loans/Financial Solutions Rate Charged to Borrower (%)
Focus Sector

 

Loans less than $50,000:

 

Loans Without Subsidy

Loans ≥ $50,000 and < $200,000

Loans ≥ $200,000 to ≤ $500,000

 

Focused & Non-Focus Sector

 

Loans  > $500,000

 

5.94 – 9.29

 

 

 

 

9.93 – 13.28

9.92 – 13.27

 

 

9.40 – 12.90

Northern Division – Agriculture

Small Farmers (first $100,000)

Large Scale Farmers (above $100,001)

All Other Focus Sector Loans < $50,00

New Investors – Other Than Agriculture upto $500,000

 

3.93 – 7.29

5.93 – 9.28

5.94 – 9.29

5.92 – 9.29

Loans Without Subsidy

Loans > $50,001 and < $200,000

Loans > $200,001 to $500,000

Focused & Non-Focused Sector

Loans > $500,000

 

8.30 – 11.80

8.25 – 11.65

 

7.75 – 11.30

Export Credit Facility 4.00
Import Substitution and Export Finance Facility 5.00

*Interest rates are as at 1st September 2019.