Manage Money

Bank Name

Premium Bike Loan from Tamilnad Mercantile Bank in Chittoor

The city of Chittoor is also the district headquarter of the Chittoor district in the Indian state of Andhra Pradesh and thus there are many district-level government institutions in this city. Chittoor also functions as the headquarters of the Chittoor Mandal and the Chittoor revenue division. The city has a population of more than 3.5 lakh residents who majorly speak in Telugu. However, the city also houses many Tamil, Kannada and Marathi speaking people. Chittoor is located in the southernmost part of Andhra Pradesh, on the banks of River Neeva. The economy of Chittoor is predominantly run by its agro-market. The city witnesses the production and trade of mango, grain, sugarcane and peanut. Tomato farming in Chittoor contributes to over 20% of the States production of tomatoes. The other industries in the region include oilseed, poultry and milk. It is the second largest milk producing district in the state and has an expansive dairy industry. Chittoor is also known for its textile industry. Silk is weaved in 13,000 power looms, providing employment to more than 40,000 workers. The granite industry is also known for its production of black, pink and grey granites. The historical Chandragiri Fort from the 11th century is the most notable landmark near Chittoor. Ardhagiri Anjaneyaswamy temple and Swayambu Varasidhi Vinayakaswamy temple are other notable landmarks in and around Chittoor.

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 Chittoor, 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