TMB Platinum - Secured Credit Card
Apply for the best credit card of Tamilnad Mercantile Bank
Welcome Benefits
- NIL
TMB Platinum - Secured Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ Lifetime Free |
| Annual/Renewal Fee: | ₹ Lifetime Free |
| Finance Charges: | 2% per month (24% per annum) |
| Spend Based Waiver: | Lifetime Free |
| Over Limit Penalty: | 2% of the amount exceeding limit. |
| Rent Payment charges | NULL |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
Eligibility criteria
Any individual against his/her Term Deposit with our Bank. | Minimum period of Deposit is 3 years. | Deposit Amount - Rs.50,000/- and above. | Rs. 5,00,000/- (restricted upto 75% of Term Deposit)
The applicant must be an Indian citizen and valid address proof
Document Requirements
1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof
Other Information
Frequently Asked Questions
What is the annual fee of TMB Platinum - Secured Credit Card?
The TMB Platinum - Secured Credit Card offers lifetime-free annual fees. The joining fee is also free for life!
What is the interest rate on the TMB Platinum - Secured Credit Card?
The TMB Platinum - Secured Credit Card has an interest rate of 2% per month (24% per annum)
Are there foreign transaction fees on the TMB Platinum - Secured Credit Card?
Yes, The TMB Platinum - Secured Credit Card charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of TMB Platinum - Secured Credit Card?
The credit limit for the TMB Platinum - Secured Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Tamilnad Mercantile Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Tamilnad Mercantile Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
TMB Platinum - Secured Credit Card Credit Limit: Up to ₹10 Lakh