Manage Money

Bank Name

Premium Bike Loan from Tamilnad Mercantile Bank in Burhanpur

The Indian city of Burhanpur is a historical city located in the Nimar region of Madhya Pradesh. It functions as the administrative hub of Burhanpur District. It is situated on the bank of River Tapti. Historical excavations have revealed that the Rashtrakuta Dynasty had ruled over the area during 753?982 AD. In 1388, the Faruqi dynasty Sultan Malik Nasir Khan discovered Burhanpur, made it the capital of the Khandesh sultanate and named it after a medieval Sufi saint called Burhan-ud-Din. During the reign of the Faruqi dynasty, the city got transformed into a major center for textile production and trade. The place was later annexed into the Mughal Empire in 1601 by Emperor Akbar. Burhanpur is known for its textile industry as it is the largest center for the power loom industry in Madhya Pradesh. Over 300 companies that deal in interlining cloth and other types of fabric are based in this city. Balaji has its units for manufacturing pipes and agricultural equipment in Burhanpur. Additionally, there are many cotton and oil mills in the city. Burhanpur is also the largest producer of banana in Madhya Pradesh. Burhanpur is well-known for its thriving tourism industry. Apart from the scenic views, the city offers several beautiful spots for tourism such as Asirgarh Fort, Shahi Qila, Dargah-e-Hakimi, Swami Narayan Temple, etc.

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 Premium Bike Loan in Burhanpur, 23 January 2021 from Tamilnad Mercantile Bank

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. Outside the state of Tamil Nadu, the bank opened its first Indian branch at Bangalore in 1976. On 9 December 1984, the bank opened its first fully computerized branch at WGC Road, Tuticorin. On 11 November 2003, the Bank launched its ATM Card. In e-banking, RTGS/NEFT facilities have been successfully implemented by the TMB bank. The Tamilnad Mercantile Bank had the tie-up with Western Union Money Transfer to facilitate the remittances from abroad to India. For providing payment gateway services to the internet banking customers, TMB bank collaborated with BillDesk (India ideas.com), CCAvenue (Avenues India), SBI ePay, Atom Technologies and PayU India. It was the first old bank to supplying POS machines and introduce mobile banking to Customers. The bank had adopted a video conferencing facility for connecting with the Head Office, various Departments, and Regional offices. For its ATM operations, TMB bank is a member of National Financial Switch. The bank also introduced TMB e-passbook app as a part of its mobile banking operation.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs