Differential Rate of Interest Scheme (DRI)- Clarification regarding semi-urban areas

Government of India had formulated in March, 1972 a scheme for extending financial assistance at concessional rate of interest @ 4% to selected low income groups for productive endeavours initially by public sector banks and then by private sector banks also .The scheme known as Differential Rate of Interest Scheme (DRI) is now being implemented by all Scheduled Commercial Banks.

In this connection, it has been clarified by the Ministry of Finance that the revised eligibility income criteria of Rs. 24000/- for urban areas under the DRI scheme is also applicable to semi-urban areas.

RBI notification dated 10th April 2008 on DRI Scheme- Revision of limits ... Click here

EEFC accounts to no longer earn interest... Click here

Interest Rate Subvention Scheme on Export Credit to be closed ... Click here



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