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. Sep 12, 2011 is 10.75% 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.) |
|---|---|
| |
| Trader / Service Loan | 13.75% / 14.25% / 14.75% |
| Mahalir Loan | 15.50% / 16.50% |
| Easy Mortgage Loan | 18.50% |
| SME Credit | 13.25% / 13.50% / 13.75% / 14.00% / 14.25% / 14.50% / 15.00% / 15.50% / 16.00% |
| Tractor Loan | 14.75% |
| Mini Vehicle Loan | 15.50% / 16.25% |
| Truck / Lorry Finance | 14.00% / 14.75% / 15.00% / 15.75% |
| Banana Cultivation | 12.25% / 13.75% / 14.50% |
| Channel Finance | 13.50% / 14.50% / 16.50% / 21.50% / 23.50% |
| Genset Finance | 14.75% |
| Rice Mill | 14.00% / 14.50% / 16.25% |
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.
