8th October 2016 04:58 PM | |
shikha | Re: Tamilnad Mercantile Bank Gold Loan Interest Rates Tamilnad Mercantile Bank provide Gold Over Draft Loan Scheme under TMB Retail Loan Products. Gold Over Draft Loan Scheme Rate of Interest HM - Hall Mark Jewellery, Non HM - Non Hall Mark Jewellery For Agricultural Purpose Upto Rs. 2,00,000 - BR + 2.50% (12.90% p.a.). For Agricultural Purpose above Rs. 2,00,000- BR + 3.25% (13.65% p.a.). For General Purpose (HM) Upto Rs. 2,00,000 - BR + 3.00% (13.40% p.a.). For General Purpose (HM) above Rs. 2,00,000 - BR + 4.00% (14.40% p.a.). For General Purpose (Non HM) Upto Rs. 2,00,000 - BR + 3.25% (13.65% p.a.). For General Purpose (Non HM) above Rs. 2,00,000 - BR + 4.25% (14.65% p.a.). Current Base Rate for Lending (BR) is 10.40% p.a. Minimum Interest- For Agricultural Purpose Rs. 90.00. For General Purpose Rs. 125.00. Minimum 15 days interest for the OD Limit or Above whichever is higher. Jewel Appraiser Charges- Rs. 5.00 per Thousand subject to a minimum of Rs. 50.00 and a maximum of Rs. 200.00. Processing Charges- Term Loan: 1.00% of Limit sanctioned without any maximum cap. Working Capital [Fund and Non-Fund Based]: 0.50% of the loan amount without maximum cap. All India National Toll Free Number: 180 0425 0426 |
8th October 2016 04:00 PM | |
Unregistered | Tamilnad Mercantile Bank Gold Loan Interest Rates I want to apply for Gold Loan in Tamilnad Mercantile Bank so can you tell me the rate of interest on loan? |