COMPARE : HOME LOANS
Tamilnad Mercantile Bank Ltd Home Loan
Introduction
The bank gives home loans for the following purposes:
* To Construct a New House
* Purchase a New House
* Purchase a New Flat
* Fund the cost of Extension / Renovation
* Purchase of Old House / Flat (#)
* Take over from other Banks / Fls.(#).
Highlights
Interest Rate 0%
Loan Amount Min. - Rs 100000
Max. - Rs 3000000
Tenure Min. - 5 Yrs.
Max. - 25 Yrs.
Interest Rates
Tenure Interest Type Interest Rate Offer
15 - 25 Yrs. Floating 12.75 %  
5 - 15 Yrs. Floating 12.5 %  
1 - 5 Yrs. Floating 12.25 %  
 Fees & charges
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