Subject: Loans and Advances of the State Govt – Interest rates and other terms and conditions for the year 2015-2016 vide No. 330-F.B. dated 17.06.2016.
Rate of Interest for Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance is 5.5% per annum.
The rate of interest on loans sanctioned in respect of Externally Aided Project including Back to Back out of the loan assistance from World Bank/A.D.B etc. will be same at which it is received.