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