"The Italian side can buy the player for 35 million euros plus (up to) three million more (depending on performance) before the end of the season," Barcelona said in a statement on Monday.
The 24-year-old Brazilian midfielder returned to action last week in the King's Cup as a substitute in the 1-0 defeat by Espanyol, having missed over nine months with a knee injury.
Rafinha came through the Barcelona youth set-up, playing on loan at Celta Vigo for a season before returning to the Nou Camp, although injury problems prevented him from earning a regular place in the side.
Inter, fourth in Serie A, will pay Rafinha's wages for the duration of the loan deal.
(Reporting by Rik Sharma, editing by Pritha Sarkar)
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