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    Security Repossess Policy

    This document explicitly states the model code for Recovery of Loan Dues and Repossession of Security. This is a non-statutory code issued on voluntary basis. This model code will apply to Tamilnad Mercantile Bank Ltd. from the date it is circulated viz February 2007.

    Information published in the Document:

    • Preamble.
    • Applicability.
    • Introduction.
    • Loan Recovery Policy.
    • Security Repossession Policy.
    • General Guidelines.
    • Grievance Redressal Cell.

    Click to Download the Security Repossession Policy for your reference and printing.