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. 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.

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 Aug 16, 2017 is 9.75% 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 Cultivation10.75% / 11.75%
Channel Finance12.50% / 13.50% / 14.50% / 15.25%
Easy Mortgage Loan15.50%
Genset Finance13.75%
Mahalir Loan12.25% / 13.25%
Micro Entrepreneurs Scheme10.25% / 10.75% / 11.75%
MSME Credit Scheme12.25% / 12.50% / 12.75% / 13.00% / 13.25% / 13.50% / 14.00% / 14.50% / 15.00%
Pharma Trade Finance11.75%
Rice Mill10.70% / 11.20% / 15.45%
Tractor Loan13.75%
Trader / Service Loan12.25% / 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.