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#1
26th August 2018, 04:04 AM
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Terms & Conditions under Tamilnad Mercantile Bank Short Term Study Loan Scheme?
Hello, I am looking forward to apply an education loan in Tamilnad Mercantile Bank. I would like to know about the terms and conditions for applying an education loan in this bank which is Short Term Study Loan Scheme. Can anyone tell me?
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#2
4th October 2018, 01:26 PM
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Re: Terms & Conditions under Tamilnad Mercantile Bank Short Term Study Loan Scheme?
Terms & Conditions under Tamilnad Mercantile Bank Short Term Study Loan Scheme are as follows.
Tamilnad Mercantile Bank provides INR 25,000/- for Short Term Study Loan which is repayable in 12 equal monthly installments at an interest rate of 13.50% per annum. The equated monthly installment will be around INR 2,238.80/- To find more details regarding Short Term Study Loan monthly amortization, please visit the below mentioned website link. https://www.tmb.in/emi_calculator/it...tization_chart |
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