Rural credit cooperative loan interest rates vary depending on the region and specific circumstances, but generally speaking, the interest rates are relatively low. According to data released by the People's Bank of China in 2021, the average interest rate for inclusive small and micro enterprise loans nationwide is 4.49%, while the average interest rate for rural credit cooperative loans is 4.99%. Therefore, if the interest rate of the rural credit loan you mentioned is 8.3%, it is relatively high. It should be noted that in addition to the interest rate, other related fees such as loan processing fees and guarantee fees also need to be considered, and these fees will also affect the actual cost of the loan.