Learn more about our Study Loan Scheme under TMB Retail Loan Products.
This is scheme of choice for parents who wish to educate their children for the best careers in the best institutions. The cost of the study can be borne by the loan from us. The interest rate has been kept below the normal prime lending rate of the bank to enable the future generations make the best use of the facilities offered.
For a Short Term Study Loan of Rs. 25,000 repayable in 12 equal monthly installments at an interest rate of 13.85% p.a., the equated monthly installment (EMI) payment shall be around Rs. 2,242.91. Click for Monthly Amortization Chart.
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.