Business Lending Rates

our current prime lending rates / basic rate of lending
Business Lending Rates

TMB offers a diverse range of business loans to suit every purpose and every need. The loans are well structured and designed with the needs of common man in mind. All products cater to a diverse segment of masses to support their specific requirements at very attractive rates of interest and require very simple documentation.

Current Base Rate for Lending (BR)

Current Base Rate for Lending (BR) w.e.f. Dec 01, 2016 is 10.30% p.a.

Various Business Loan Rate(s):

Click on the Loan Scheme on the left to learn more about the same.

Table showing various Business Loan Interest Rates
Product / Scheme NameRate of Interest (p.a.)
  • Table above shows interest charged under various conditions for every scheme.
  • These rates are exclusive of any additional interest / penalties that may be applicable.
  • Current Base Rate for Lending (BR) with effect from Dec 01, 2016 is 10.30% p.a.
  • Interest Rates subject to change without notice as per the market trends and the bank’s decision in this regards is final.
Banana Cultivation11.30% / 12.30%
Channel Finance13.05% / 14.05% / 16.05% / 21.05% / 23.05%
Easy Mortgage Loan16.05%
Genset Finance14.30%
Mahalir Loan15.05% / 16.05%
Micro Entrepreneurs Scheme10.80% / 11.30% / 12.30%
MSME Credit Scheme12.80% / 13.05% / 13.30% / 13.55% / 13.80% / 14.05% / 14.55% / 15.05% / 15.55%
Pharma Trade Finance12.30%
Rice Mill11.05% / 11.55% / 15.80%
Tractor Loan14.30%
Trader / Service Loan13.30% / 13.80% / 14.30%
Vehicle Finance (Commercial)12.30% / 12.55% / 13.55% / 14.05% / 14.30%
Vehicle Finance (Corporates)11.20% / 12.55%
Vehicle Finance (Educational Institutions)11.05% / 11.30% / 12.55%

Please note that Interest Rates are subject to change without notice as per the market trends and the bank's decision in this regards is final.