Those looking for a small and affordable personal loan can always opt for Tamilnad Mercantile Bank Personal Loan that provides with hassle-free banking solutions. The personal loans offered by Tamilnad Mercantile Bank can be used for every financial situation like buying new home appliances, wedding expenses, and more. Tamilnad Mercantile Bank Personal Loans are designed keeping in mind the specific financial requirements of every individual.
60 months is the maximum loan repayment period offered by the bank that can be paid out via EMIs.2The Interest Rates are lower:
If the loan is for a long term, the interest rates can easily add up to small amounts. Moreover, the longer tenures will not affect the monthly expenses effectively.3Flexible Loan Amount:
The maximum loan amount of Rs.1 lakh is what the individuals can avail on their personal loans. On the other hand, if the individual tends to make the loan payments directly via his/her salary account, then the bank can avail you up to Rs.2 lakhs as a personal loan.
Moreover, the Tamilnad Mercantile Bank never asks for a security as collateral for availing personal loans.
The Tamilnad Mercantile Bank has set up certain rules and regulations that must be followed in order to avail products from them.
The documentation is a hassle-free procedure which requires minimal paperwork.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Tamilnad Mercantile Bank.
I have a Personal Loan with State Bank of Bikaner and Jaipur. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Taking personal loan in Gujrat by State Bank of Bikaner and Jaipur through online portal of loanbaba was after all not a bad idea. This way I could communicate with the State Bank of Bikaner and Jaipur without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
The State Bank of Bikaner and Jaipur has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Personal loan by State Bank of Bikaner and Jaipur was perfect, but the turnaround time is something they can work upon.
Ajeet G. Pathak