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Holiday Loan from Tamilnad Mercantile Bank in Tumkur

Tumkur is an industrial city in the Indian state of Karnataka. It has been officially renamed to Tumakuru. The city is also known by the names of Shaikshanika Nagari which means the city of education and Kalpatharu Nadu which means land of coconut trees. Tumkur has received the status of a City Corporation. It functions as the headquarters of the Tumkur district. Tumkur has Indias first mega food park which was inaugurated in 2014. It was a project of the ministry of food processing. Tumkurs economy is majorly dependent upon agriculture. Cultivation of crops such as coconut, paddy and areca nut, contributes to its economy. There are quite a few reputed educational institutions and places of tourist interest in and around Tumkur.

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Low interest rate Home Loan in Tumkur, 19 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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