Tamilnad Mercantile Bank Term Deposit Rates

Hii sir, I wants to know the Interest Rates of the Domestic & NRO Term Deposits of the Tamilnad Mercantile Bank ?

Tamilnad Mercantile Bank Limited is a bank headquartered at Tuticorin, Tamil Nadu, India

As you Asking for the Interest Rates of the Domestic & NRO Term Deposits of the Tamilnad Mercantile Bank the Interest Rates Are given below

Period / Interest Rate (p.a.) Regular Citizens / NRO Dep. Senior Citizens
Upto Amount Rs. 15,00,000 Rs. 15,00,000

3 years & above 7.00% 7.50%
> 20m 20d - < 3 years 7.05% 7.55%
20 months 20 days 7.05% 7.55%
> 1y to < 20m 20d 7.05% 7.55%
1 year 7.05% 7.55%
181 days - < 12 months 6.75% 6.75%
180 days 6.75% 6.75%
91 days - 179 days 6.50% 6.50%
61 - 90 days 6.00% 6.00%
46 - 60 days 6.00% 6.00%
30 - 45 days 5.25% 5.25%
15 - 29 days 5.00% 5.00%

For more details you may Vsit the Nearest branch of the Tamilnad Mercantile Bank or you may Contact on the Following Helpline Numbers

Helpline Numbers
9842 461 461

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Answered By StudyChaCha Member