Manage Money

Bank Name

Holiday Loan from Tamilnad Mercantile Bank in sasaram

sasaram city, in the Indian state of Bihar, is the largest sub-metropolitan area of the state. Sasaram has many religious and historical places to visit, which are surrounded by the scenic Kaimur mountains and the Sone and Kav rivers. The name of the city is also spelled as Sahasram. It was an ancient village which was known as the gateway of "Vihar" as it would give one entry to the Nalanda and Gaya area. Gautama Buddha had passed through this city on his way to gaining enlightenment at Gaya. Many industries are situated around Sasaram city. Gauraxni, Fazalganj, New Area and Tomb Area are the commercial zones with several malls, multiplexes, hotels and premium medical facilities. The remaining regions like Muradabad, Dehri, Dalmianagar, Nokha, Tilauthu, Jamuhar, Son Nagar, Amjhor and Kudra function as the administrative headquarter of the Rohtas district. Sasaram city is known for its high literacy rate and the area with highest forest cover in Bihar. Sasaram is known for the production of fertilizer, stone chips, cement and for the quarrying industry. Bhojpuri, Hindi, and Urdu are the major languages spoken by the 1.5 lakh residents of Sasaram who mainly follow Hinduism, Islam, Sikhism, Buddhism and Jainism. The economy of Sasaram is fuelled by agriculture as well as related industries like rice polishing.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Home Loan in sasaram, 26 April 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