Interest rate

View the monthly interest rate for QRIDA Loans drawn down from the first day of each month.

QRIDA interest rate

Current interest rates drawn down from 1 October 2022

Sustainability and First Start Loans

Term

Interest Rate

1 year fixed

4.70%

3 years fixed

5.17%

5 years fixed

5.28%

Drought Carry-On Finance Loan and Drought Ready and Recovery Finance Loan

Term

Interest Rate

Variable 

3.88% (variable rate based on monthly repayments and subject to change each month)

1 year fixed

4.51% (fixed rates based on quarterly repayments)

3 year fixed

4.99% (fixed rates based on quarterly repayments)

5 year fixed 5.08% (fixed rates based on quarterly repayments)

 

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Last updated: 01 October 2022