General Credit Card

get roll over credit facility for personal use

Learn more about our General Credit Card Scheme under TMB Retail Loan Products.

General Credit Card

The General Credit Card is sort of rollover overdraft loan facility where in no specific purpose / end use is insisted. Repayment can be made within 12 months. Special 2% incentive for repayment within 6 months with prompt interest payments.

Special Rate of Interest for Women also provided. Further no collateral security is insisted upon. Processing charge is low and documentation is also simple.

Purpose / End Use
No insistence of purpose / end-use
Our Bank constituent with sufficient earning capacity & cash flow, residing in rural and semi-urban areas. Only one in the entire household can avail the credit facility.
Scheme Implementing Branches
Rural and Semi-urban branches
Loan Quantum
Minimum Rs. 5,000.00 plus multiples of Rs. 1,000.00 thereon subject to a maximum of Rs. 25,000.00. Limit is decided on the basis of repaying capacity.
No insistence of collateral security
Style of Credit
Overdraft - Can be withdrawn by loan debit slip. Statement will not be issued. Pass Book will be issued. No cheque books will be issued.
Guarantee of an adult family member and / or a suitable third party guarantee.
12 months from date of sanction - Review once in a year.
This is a revolving credit. The customers should pay back the entire loan amount within 6 months for rollover. The loan can be revived / drawn in the same overdraft account after a break of at least one day. The interest should be serviced within 7th of succeeding month.
Rate of Interest
  • Click MCLR Rates of Interest for MCLR based interest rates. For further details please contact our nearest branch.
  • Current Base Rate for Lending (BR) is 9.75% p.a.
Continuous 3 months default in payment of interest will attract corrective action including reduction in sanctioned limit and/or recall of the facility.
Folio Charges
Processing Charges
Rs. 50.00.
Simple documents as per our Bank Norms.

All the above Terms and Conditions are subject to change and sanctioning of the loans is at the sole discretion of the Bank. Goods & Service Tax (GST) on All Service Charges extra wherever applicable.

For complete details governing the credit card services offered by the bank, please refer to our Credit Card Policy (Format: Adobe "PDF" Document).