Tamilnad Mercantile Bank Loans

Tamilnad Mercantile Bank loans are innovative and attractive loan schemes offered by Tamilnad Mercantile Bank, one of the leading banks in South India. All these loans are available with convenient terms and conditions.

About Tamilnad Mercantile Bank Loans

Tamilnad Mercantile Bank loans are offered with the most competitive rates and terms. The repayment terms for these loans are also flexible. Tamilnad Mercantile Bank loans can be categorized into the following types:

1) Retail Loans

The Retail banking division of Tamilnad Mercantile Bank offers the following loan products:

House Rent Loan

Under this scheme, you can get loan against future rent receivables.

Personal Loan

You can use personal loans from Tamilnad Mercantile Bank for meeting any personal financial needs.

Education Loan

These are ideal loan schemes from Tamilnad Mercantile Bank for pursuing higher education in India or abroad.

Short Term Education Loan

You can get education loans with shorter repayment terms to pursue higher education.

Two Wheeler Loan

Two wheeler loans from Tamilnad Mercantile Bank can help you purchase your dream two wheeler.

Doctor Loan

Doctors can use these loans for improving infrastructure of hospitals and nursing homes.

Home Loan

Home loans from Tamilnad Mercantile Bank are ideal home buying options for first time borrowers.

Car Loan

You can avail this loan to buy your dream car.

General Credit Card

You can use this card to receive rollover credit facility for individual requirements.

Gold Overdraft

Under this scheme, you can receive loans by pledging your gold jewelleries.

IPO Finance Loan

You can receive a loan from Tamilnad Mercantile Bank for subscribing to IPOs of various companies.

Pensioner Loan

Under this loan scheme, pension holders can receive loans secured by their monthly pension payments.

2) Business Loans

The business banking division of Tamilnad Mercantile Bank offers the following loan products:

Mahalir Loan

It is a loan exclusively designed for women entrepreneurs.

Traders Loan

Traders and businessmen can use this loan facility to expand their businesses.

SME Credit

These are low interest loans for small and medium enterprises (SMEs) to grow their businesses.

Easy Mortgage Loan

You can avail a loan against your securities or properties.

Mini Vehicle Loan

It is an ideal financing scheme to purchase a mini truck or other small vehicles.

Tractor Loan

This is an easy financing scheme for purchasing a tractor that you can use to till your farm.

Banana Cultivation

Under this scheme, you can avail finance for your banana farming plan.

Truck Finance

It is an affordable finance scheme to purchase the best truck for your requirements.

Genset Finance

This is a specialized finance scheme that you can utilize to overcome the current power crisis through purchasing a generator set.

Channel Finance

This is a financing scheme for first stage dealers that they can use for purchasing goods.

Rice Mill

Rice mill financing schemes are meant for rice mill owners to expand their businesses and flourish.

Besides the abovementioned loan facilities, Tamilnad Mercantile Bank also offers export credit facilities for exporters at attractive rates in the form of rupee export credit.