Security Repossess Policy

This document explicitly 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 viz February 2007.

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 (Format: Adobe "PDF" Document) for your reference and printing.