Business Lending Rates
our current prime lending rates / basic rate of lending
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. Aug 16, 2017 is 9.75% p.a.
Various Business Loan Rate(s):
Click on the Loan Scheme on the left to learn more about the same.
| Product / Scheme Name | Rate of Interest (p.a.) |
|---|---|
| |
| Banana Cultivation | 10.75% / 11.75% |
| Channel Finance | 12.50% / 13.50% / 14.50% / 15.25% |
| Easy Mortgage Loan | 15.50% |
| Genset Finance | 13.75% |
| Mahalir Loan | 12.25% / 13.25% |
| Micro Entrepreneurs Scheme | 10.25% / 10.75% / 11.75% |
| MSME Credit Scheme | 12.25% / 12.50% / 12.75% / 13.00% / 13.25% / 13.50% / 14.00% / 14.50% / 15.00% |
| Pharma Trade Finance | 11.75% |
| Rice Mill | 10.70% / 11.20% / 15.45% |
| Tractor Loan | 13.75% |
| Trader / Service Loan | 12.25% / 12.75% |
| Vehicle Finance (Commercial) | 11.75% / 12.00% / 13.00% / 13.50% / 13.75% |
| Vehicle Finance (Corporates) | 10.65% / 12.00% |
| Vehicle Finance (Educational Institutions) | 10.50% / 10.75% / 12.00% |
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.
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