Personal Banking
NRI
Corporate Banking
MSME
Institution
Agriculture
Careers
About us
Contact Us
Products
Current Account
General Current Account
Super Flexi Current Account
General FAQ - Current Accounts
Loan Products
TMB Commercial Vehicle
TMB Vehicle Finance - Educational Institution
TMB SOD
TMB Traders & Services
TMB MSME
TMB Rice Mill
TMB Dhall Mill
TMB PMMY
TMB Pharma Finance
TMB Channel Finance
TMB Mahalir
TMB Stand-up India Finance
TMB Doctor
TMB Genset
Online Services
Virtual Id
Internet Banking
Mobile Banking
SMS Alert
Cards
Business Card
Prepaid Cards
TMB Fleet Cards
TMB General Prepaid Cards
Forex Services
Currency Rates
Outward Remittances
Inward Remittances
Export Credit Services
Import Credit Services
Nostro Remittance Account
Study Abroad Assistance
Other Services
Virtual Id
PoS terminals
E-tax Payment
E- collection Module
Online Bill Payment
Treasury Services
Demat Services
E-Stamping
Bancassurance
Internet Banking
Credit Card Portal
Personal Banking
NRI
Corporate Banking
Products
Current Account
General Current Account
Super Flexi Current Account
General FAQ - Current Accounts
Loan Products
TMB Commercial Vehicle
TMB Vehicle Finance - Educational Institution
TMB SOD
TMB Traders & Services
TMB MSME
TMB Rice Mill
TMB Dhall Mill
TMB PMMY
TMB Pharma Finance
TMB Channel Finance
TMB Mahalir
TMB Stand-up India Finance
TMB Doctor
TMB Genset
Online Services
Internet Banking
Mobile Banking
SMS Alert
Cards
Business Card
Prepaid Cards
TMB Fleet Cards
TMB General Prepaid Cards
Forex Services
Currency Rates
Outward Remittances
Inward Remittances
Export Credit Services
Import Credit Services
Nostro Remittance Account
Study Abroad Assistance
Other Services
PoS Terminals
E-Tax Payment
E- Collection Module
Online Bill Payment
Treasury Services
Demat Services
E-Stamping
Bancassurance
MSME
Institution
Agriculture
Careers
About us
Contact Us
TMB Genset
Features and Benefits
Eligibility and Terms
Interest and Fees
To purchase new Generator only.
Term Loan
Individuals, Proprietorship, Partnership, Company, Trust, Society, etc., already engaged in the activity (Traders/Manufacturers/Service)
New activity – Not eligible under this scheme.
Margin
25% of Generator + erection & electrical installation charges.
If the applicant is already having generators, based on the requirement, additional generator under this scheme can also be financed.
New borrowers already engaged in the activity (Traders/Manufacturers/ Service) are also eligible subject to obtention of Satisfactory Credit Opinion from their existing bankers. If, they are enjoying credit limits with other banks, Satisfactory Credit Opinion and NOC should be obtained from their existing bankers.
Repayment
Term loan – Maximum of 60 months
Security
Hypothecation of the generator & other accessories financed
Click
MCLR Rates of Interest for MCLR based interest rates.
Fees & Charges
0.50% of Loan Amount
Siranjeevee RD