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Holiday Loan from Tamilnad Mercantile Bank in Nashik

Nashik, in Maharashtra, is known for its grapes which have earned this city the title of the "wine capital of India." Around 200 kilometers north of Mumbai, Nashik is an ancient city which stands on the banks of the Godavari. It is the 4th largest city in Maharashtra. Its expansive surroundings, the popular tourism and a soothing climate altogether make it a unique place. With thousands of Indians visiting the Trimbakeshwar Temple at Nashik, this city has become a popular pilgrimage for devotees. Nashik is regarded as one of the holiest Hindu cities as it has more than a hundred ancient temples such as the Shiva Temple and the Kalaram Temple. Anjaneri, the birthplace of Lord Hanuman, is also situated near Nashik. The famous Kumbh Mela is held at Nashik. Mythologically, Nashik is believed to be the location where Laxman, upon Lord Ramas advice, cut the nose of Ravanas sister Shurpanakha. Thus the city was named "Nashik," derived from the Sanskrit word "Nashika" which means nose. The economy of Nashik is mainly driven by agriculture, grape production in particular. Several industries have also come up in the area. Hindustan Aeronautics Limiteds aircraft manufacturing plant has made the city a defense and aerospace manufacturing hub. The Currency Note Press, where the Indian currency notes are printed, and the India Security Press, where Indian government stamps are printed, are among the other important units at Nashik. Thus, Nashik is one of those cities that have witnessed drastic economic progress in the last decade.

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Low interest rate Home Loan in Nashik, 27 June 2019 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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