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.

Retail Lending Loan Rate(s)

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

Table showing various Retail Lending 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.
Personal Loan13.75% / 15.25% / 15.75%
Home Loan9.75% / 10.00% / 10.25%
House Rent Loan12.50% / 13.50%
Doctor Loan12.75% / 13.25% / 14.00%
Education Loan13.50%
Short Term Study Loan12.75% / 13.25%
Two Wheeler Loan15.25%
Car Loan10.75% / 11.00%
Gold Over Draft12.25% / 12.75% / 13.00% / 13.75% / 14.00%
Pension Loan13.50%
General Credit Card18.25%

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 30th June 2017 is furnished below:

Table showing Minimum, Maximum and Mean interest rates charged for the Retail Loans
DescriptionMinimum lnterest Rate (% p.a.)Maximum lnterest Rate (% p.a.)Mean lnterest 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 Loans9.45%9.75%9.70%
Car Loans10.75%12.00%10.75%
Personal Loans14.45%15.10%15.05%
Loan Against Property12.45%12.85%12.50%