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TMB Personal Loan

To purchase Consumer Durables / House-Hold Articles, to meet the Marriage Expenses, Other Family Expenses, etc.

Term Loan

  • 6 times of the Gross Salary as per latest Salary Bill with a maximum of Rs.200000/-. (If Employer deducts and remits the Instalment).
  • 6 times of the Gross Salary as per latest Salary Bill with a maximum of Rs.100000/-. (If borrower remits the Loan Instalment directly).

Permanent Employees who are confirmed in the services of Government Departments, Reputed Corporate / Business Houses,Teachers Working in recognised Educational Institutions, etc., whose age is below 54 Years

Margin : Nil

Repayment :

  • Maximum of 60 EMI.

Security :

  • Lien over Salary, Bonus and other emoluments.
  • Primary :
    • Hypothecation of assets created out of the Loan proceeds, suitable Third Party Guarantee, if necessary.

Interest :

Fees & Charges

  • 1% of the Loan amount plus applicable taxes