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Holiday Loan from Tamilnad Mercantile Bank in Pune

Pune is a bustling and vibrant metropolis in the state of Maharashtra. Being the second largest city in the state after Mumbai, Pune has become a thriving center of academia and business. The people of Pune lovingly call the city by its erstwhile name "Poona." Pune, coupled up with its industrial counterpart Pimpdi-Chinchwad and three other cantonments, forms the Pune Metropolitan Region or PMR. Looking into the historical past of the city, Pune was ruled by Shivaji and a line of Peshwas till the British took over in 1817 and made it the monsoon capital of the Bombay Presidency. Geographically, the city is located near the Western Ghats at one side, the Deccan Plateau on the other and the Mutha River flows along the left edge of the city. The cool, dry and soothing climate of Pune makes Pune a much-coveted city to settle in. Pune experienced the waves of globalization in the 1990s. The city hosts many well-known educational institutions and is often called the "Oxford of the East." The local economy of the state thrives on education, manufacturing and information technology. With its dynamic mix of capitalism and spiritualism, ancient and modern architecture, and its diverse cultural trends, Pune epitomizes the New India, a city worth exploring.

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Low interest rate Home Loan in Pune, 20 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.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs