Interest Rates for the year 2014-15

GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Effective Rate of Interest – Interest Rates for the year 2014-15 – Orders – Issued
FINANCE (DCM-I) DEPARTMENT
G.O.MS.No. 43 Dt. 13.04.2015

Read the following:
1. G.O.Ms. No. 217, Finance (DCM-I)Department Dt. 27.09.2011
2. G.O.Ms. No. 218, Finance (DCM-I)Department Dt. 27.09.2011
3. G.O.Ms. No. 2 Finance (DCM-I)Department Dt. 04.01.2012
4. G.O.Ms. No. 350, Finance (DCM-I)Department Dt. 27.12.2012
5. G.O.Ms. No. 330, Finance (DCM-I)Department Dt. 11.12.2013
ORDER:
The Government direct that the lending Rate for the year 2014-15 be fixed at 11% per
annum. The Government further direct that the rate of Interest i.e. Active Rate of Interest,
productive Test Rate to be charged on capital out lay incurred on irrigation works, electricity
projects, and commercial concerned be fixed at 11 % per annum for the year 2014-15. The
Government further directs that the Interest rate on the deposits made under Interest bearing
deposit Accounts “under Public account would accrue Interest at 8.11%for the year 2014-15.
(BY ORDER AND IN THE NAME OF GOVERNOR OF ANDHRA PRADESH)
L.PREMACHANDRA REDDY
SECRETARY TO GOVERNMENT (B&IF)