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What is the interest rate on Toll Finance?

Interest rates for Toll Finance vary from one financial institution to another and are influenced by:

  • Creditworthiness: Businesses with a strong credit profile often receive lower interest rates, while those with lower scores may face higher rates.
  • Loan Tenure: Longer repayment terms typically come with slightly higher interest rates, while shorter tenures can offer better rates.
  • Loan Amount: Larger financing amounts may qualify for reduced interest rates, as they often represent bulk toll payments for businesses.
  • Financial institution Policy: Each financial institution sets their own rates based on market conditions, risk assessment, and business profile.

On average, interest rates for toll financing in India range between 10% to 15% per annum, though it’s essential to compare different financial institutions for the best deal. Understanding the interest rate structure and its impact on your overall repayment is critical before finalising any loan.