| Target Group
|
- Individuals
- Traders
- Businessmen
- Professionals
|
| Purpose
|
- To meet investment need in MSME - Manufacturing, Services and Retail Trade sectors
- To meet domestic/business needs
|
| Quantum of Loan & Margin
|
- 70% of Market value of Gold Ornamentals pledged
|
| Rate of Interest
|
|
| Security
|
|
| Repayment Period
|
- Upto ₹2,00,000/- - 12 months - Bullet repayment (principal with interest)
- Above ₹2,00,000/- - 12 months – Monthly interest to be serviced
|
| Processing Charges
|
- Upto ₹25,000/- - NIL (Only for Business purpose )
- Above ₹25,000/- - ₹200/- per lakh or part there of
|
| How to apply
|
- Please contact nearest Tamil Nadu Grama Bank’s Branch for more details
|
Careers
Tenders
Grievance Redressal
Downloads