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Processing Fee: nill. Security: Pension / Other end service entitled benefits of the concerned borrower(s) will remain lien in favor of the Bank.
Opening a new bank account with TBL is simple. Follow these steps:
In service Defence Personnel (other than Officers) who have attained pensionable service / who have completed 10 (Ten) years of service (whichever comes earlier) will be eligible for being the applicant for the loan facility under the scheme