Tamilnad Mercantile Bank Fixed Deposit Interest Rates

I am planning to open an account in the Tamilnad Mercantile Bank Limited (TMB) and searching for some details. Will you please tell details about the Tamilnad Mercantile Bank Limited (TMB) Fixed Deposit Interest Rates also provide bank registered address?

Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Tuticorin, Tamil Nadu, India.

TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962.

Tamilnad Mercantile Bank Fixed Deposit Interest Rates

Domestic & NRO Term Deposits rate for amount up to 15 lacs.

Tenure Interest Rate (p.a.)
5 years - 10 years 7.45%
> 20m 20d - < 5 years 7.45%
20 months 20 days 7.45%
> 1y to < 20m 20d 7.45%
1 year 7.50%
181 days - < 12 months 7.30%
180 days 7.50%
91 days - 179 days 7.25%
46 - 90 days 6.80%
30 - 45 days 6.30%
15 - 29 days 5.80%

Bulk Domestic & NRO Term Deposits rates for above 15 lacs up to Rs. 1 Crore

Tenure Interest Rate (p.a.)

5 years - 10 years 7.40%
> 20m 20d - < 5 years 7.40%
20 months 20 days 7.40%
> 1y to < 20m 20d 7.40%
1 year 7.45%
181 days - < 12 months 7.25%
180 days 7.50%
91 days - 179 days 7.20%
46 - 90 days 6.75%
30 - 45 days 6.25%
15 - 29 days 5.75%

Contact:

Tamilnad Mercantile Bank Limited
57, V.E. Road, Tuticorin, Tamilnadu, India. Zip: 628 002.
Phone: +91 (461) 232 1382 / 232 1929 / 232 1932.
Email: bd@tmbank.in
Email: ttn_tmbankhi@sancharnet.in

__________________
Answered By StudyChaCha Member