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Holiday Loan from Tamilnad Mercantile Bank in Kadapa

The city of Kadapa was earlier known as Cuddapah. Situated in the Rayalaseema region of the Indian state of Andhra Pradesh, Kadapa is often referred to as the "Heart of Rayalaseema." Located near the Pedda River, Kadapa functions as the district headquarters of Kadapa district. The Nallamala and Palkonda Hills surround the city. Kadapa is known for its black and red ferrous soils. The city has been ruled by various dynasties such as the Nizams, the Cholas, the Vijayanagara Empire and even the Kingdom of Mysore. Kadapa is also known for its delectable cuisine belonging to the Rayalaseema food culture. The economy of Kadapa is largely fuelled by agriculture and mining. The residents of this region are mostly employed in Government jobs and Private sector jobs. Quite a few residents are involved in businesses and the hospitality industry. The area is known for its educational institutions such as Hyderabad Public School, Rajiv Gandhi Institute of Medical Sciences, KSRM College of Engineering, Yogi Vemana University, etc. The city is well connected to all nearby cities through roads and railways. It also houses an airport,

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Low interest rate Home Loan in Kadapa, 28 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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