Security Rep. Policy

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• Security Rep. Policy

This document explicitely states the model code for Recovery of Loan Dues and Repossession of Security. This is a non-statutory code issued on voluntary basis.

This model code will apply to Tamilnad Mercantile Bank Ltd. from the date it is circulated.

Information published in the Document:

• Preamble.
• Applicability.
• Introduction.
• Loan Recovery Policy.
• Security Repossession Policy.
• General Guidelines.
• Grievance Redressal Cell.

Click to Download the Security Repossession Policy Document (PDF) for your reference and printing.