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Retail Lending Rates

our lending rates for retail loans
Retail Lending Rates

TMB offers a diverse range of retail 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 attractive rates of interest.

Current Base Rate for Lending (BR)

Current Base Rate for Lending (BR) w.e.f. Aug 16, 2017 is 9.75% p.a.

MCLR Rates of Interest:

Click the link, Get the MCLR Rates of Interest to know more about all the rates of interest charged for our various loan products.

Interest Rates Charged for Retail Loans

The Minimum, Maximum and Mean interest rates charged for the Retail Loans sanctioned during the quarter ended 31st December 2018 is furnished below:

Table showing Minimum, Maximum and Mean interest rates charged for the Retail Loans
DescriptionMinimum Interest Rate (% p.a.)Maximum Interest Rate (% p.a.)Mean Interest Rate (% p.a.)
  • Table above shows interest charged by the bank to its customers under various schemes / conditions for Various Retail Loans.
  • The specific rates charged to customers depends on many criteria like customer profile and supporting documents provided etc.
Home Loans8.95%9.20%9.08%
Car Loans10.45%11.70%11.08%
Personal Loans14.80%14.80%14.80%
Loan Against Property10.65%14.20%12.43%