HomePersonal BankingRetail Loans / CreditShort Term Study Loan
Learn more about our Study Loan Scheme under TMB Retail Loan Products.
This is scheme of choice for parents who wish to educate their children for the best careers in the best institutions. The cost of the study can be funded by the loan from us. The interest rate has been kept below the normal prime lending rate of the bank to enable the future generations make the best use of the facilities offered.
For a Short Term Study Loan of Rs. 25,000 repayable in 12 equal monthly instalments at an interest rate of 13.50% p.a., the equated monthly instalment (EMI) payment shall be around Rs. 2,238.80. Click for Monthly Amortization Chart.
All the above Terms and Conditions are subject to change and sanctioning of the loans is at the sole discretion of the Bank. Goods & Service Tax (GST) on All Service Charges extra wherever applicable.
Site Map | Privacy Policy | Legal Disclaimer & Terms of Use | Toll Free Helpdesk 180 0425 0426 / 9842 461 461.
All Information © 2021 Tamilnad Mercantile Bank Ltd. Portal Design © 2021 Pintograph Pvt. Ltd. All rights reserved.
No part of this website may be reproduced in any form on any media type without specific prior written permissions.