TMB Personal Loan

Features and Benefits

TMB Personal Loan supports to meet your marriage expenses, purchasing consumer durables or household articles and to address any other personal needs and contingencies.

Term Loan

With Collateral cover of 200% and Registration of check-off facility - 10 times of the gross salary as per latest salary bill with a maximum of Rs.10.00 lakh
Without collateral and Registration of check-off facility – 6 times of the gross salary as per latest salary bill with a maximum of Rs.5.00 lakh
Without collateral and without Registration of check-off facility – 6 times of the gross salary as per latest salary bill with a maximum of Rs.1.00 lakh

Eligibility and Terms

Individuals - Aged 21 to 54 years having minimum Gross salary of Rs.20,000/- per month.

Permanent employees who are confirmed in the services of Govt. Departments, reputed corporates / business houses, teachers working in recognized educational Institutions, NRIs etc., whose age is below 54 years

Salaried person –

Maximum of 60 EMI.

Collateral Security:

No collateral security up to a credit limit of Rs.5.00 lakh.
For limit above Rs.5 lakhs: - Mortgage of Vacant Land/ Land and Building property (other than agricultural property) preferably residential properties owned by the borrower or by his/her family members with the collateral coverage not less than 200% of the limit.