Learn more about our loan against monthly pension receipts scheme.
The TMB Pensioner Plan envisages the release of loan to elderly persons who are getting their monthly pensions, from the future pension receipts. With a low rate of interest and even lower margin money, the pensioner can get immediate access to funds that might be urgently necessary to him.
Note: Any other prior lien should not exist against the pension to be received
All the above Terms and Conditions are subject to change and sanctioning of the loans is at the sole discretion of the Bank. Service Tax on All Service Charges extra wherever applicable.