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Holiday Loan from Tamilnad Mercantile Bank in Anantapur

Anantapur, situated in the Indian state of Andhra Pradesh, is a small city that functions as the mandal headquarters as well as the divisional headquarters of the Anantapuramu mandal and the Anantapur revenue district respectively. Its official name is Anantapuramu. The region experiences a semi-arid climate that remains hot and dry for most of the year. Around 2.5 lakh people live in the city. Anantapuramu provides railway connectivity and it is labeled as an A?category station in the Guntakal railway division. It is connected to the nearby cities through several national and state highways. Millets like Jowar, Bajra and Ragi are cultivated here for consumption as well as trade. The important educational institutions in Anantapur are Sri Krishnadevaraya University, Sri Sathya Sai University and a campus of JNTU. Telugu is the most widely spoken language. Urdu, Kannada and English are also spoken.

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Low interest rate Home Loan in Anantapur, 27 September 2020 from Tamilnad Mercantile Bank

TMB, a private sector bank established in 1921 as Nadar bank, later the name changed to Tamilnad Mercantile Bank in November 1962. The head office of the Tamilnad Bank is at Thoothukudi, Tamil Nadu. The primary objective of founding TMB was to serve the Nadar business community, and the idea was proposed at the annual meeting of Nadar Mahajani Sangam at Tuticorin in 1920. AMMS Chinnamani Nadar found the other founding members of the bank and played a significant role in its formation in 1921. Outside Tamil Nadu, the bank opened its first branch in Bangalore in 1976. The bank had only four offices by 1947: Sivakasi, Tuticorin, Madurai, Virudhunagar. On 9 December 1984, the bank opened its first computerized branch in Tuticorin at WGC road. In 1983, the bank started using modern technologies and was the first to adopt computerization for branch level operations. All the 500 branches of the bank are connected using Infosys FINACLE software. For providing payment gateway services to its internet banking customers, TMB has partnered with Pay U India, Bill Desk, CC Avenue, etc. It is the first bank to provide POS machines and mobile banking to its customers. For connecting Head office with regional offices, the bank has adopted video conferencing facility. For ATM operations, TMB is a member of National Financial Switch.

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