The journey of TMM began in 1968 with the establishment of a Book Bank of Shri K.V.O.S Jain Mahajan. At the beginning of each academic year, students get an entire set of required textbooks against a nominal refundable deposit. Every year more than 1200 students are issued Text Books by the Book Bank. With the support of this project, TMM has fulfilled the ambitions of students pursuing higher studies and succeeded in their careers, after graduating in streams like Medical, Engineering, Chartered Accountancy etc.

Book Bank is presently operated across 6 centres in Mumbai at Chinchpokli, Mulund, Ambernath, Nalasopara, Ghatkopar and Dombivali so as to reach out to as many needy students as possible.

Tarun Mitra Mandal issue fresh sets of textbooks at a refundable amount of Rs.100 and Digests at a refundable amount of Rs.250. While the students return their set of books with minimum depreciation, the paid amount is refunded.