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 February 2023.

Sustainability and First Start Loans


Interest Rate

1 year fixed


3 years fixed


5 years fixed


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


Interest Rate


4.24% (variable rate based on monthly repayments and subject to change each month)

1 year fixed

4.49% (fixed rates based on quarterly repayments)

3 year fixed

4.48% (fixed rates based on quarterly repayments)

5 year fixed 4.57% (fixed rates based on quarterly repayments)


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Last updated: 01 February 2023