Tamilnad Mercantile Bank Two Wheeler Loan

Tamilnad Mercantile Bank limited (TMB)

Tamilnad Mercantile Bank is a private sector Indian Bank located in Thoothukudi, Tamilnadu, India. The Bank was founded on 11 May 1921 as Nadar Bank Limited under the India Companies Act. The tagline of TMB is ‘Be a step ahead of life’. The bank reported a net profit of 3166 million in 2016-2017. TMB bank has 506 branches, 12 regional offices, 11 extension counter, 1 service Branch, 6 central processing centers, 4 currency checks, and 19 e-lobby centers and the bank has 1094 ATM in India. The Bank always provides the highest Interest Rate on deposits. TMB is also known as best Bank of India. The Bank has won best Lokmat BFSI award in 2014-2015. The Bank has a tie-up with HDFC Bank and IDBI Bank.

TMB Two Wheeler Loan

The Bank provides home loans, Automobile loan, Personal loan etc. Brand Bikes are more popular among the youth, because of its speed and cost-effectiveness. The loan helps you to get a new Two Wheeler for your personal use, with affordable repayment options. The cost of your Two Wheeler can be repaid through EMIs so if you are planning for a new bike or a scooter but you don’t have any savings, no worries there is a loan for you called Tamilnad Mercantile Bank Two Wheeler Loan.

It is a secured loan with a lower interest rate of 11.80 %.

Features and benefits

Flexible Repayment tenure

Online Application

Fulfilled your needs

Competitive rates

Quick loan

Easy repayment schemes

Affordable

Eligibility Criteria

Age Min 21 years, Max 65 years

Salaried and Self-employed

Income: Salaried 70,000 per year, Self-employed 60,000 per year

Employment tenure: at least 1 months for self-employed and 1 year for salaried

Documentation

Identity proof- Passport, PAN card, Aadhar Card, Voter card

Address proof- Rental Agreement, Property Purchase Document, Telephone Bill, Electricity Bill, Sale Deed, Driving license, Ration card

Income proof- Salaried- latest salary slips (at least 6 months), Self-employed- a copy of the latest 1-year Income Tax return.

3 photograph.

How to apply for Two Wheeler Loan?

Apply Online

Visit www.bestloandeal.in