What are the different types of fixed deposit available in TMB?
Types of Tamil Mercantile Bank (TMB) Term Deposit Schemes
- Basic Fixed Deposit scheme.
- Muthukuvial Fixed Deposit scheme.
- Cash Certificate Deposit scheme.
- Santhosh Term Deposit scheme.
- Tax Saving Fixed Deposit scheme.
- Pearl Deposit scheme.
- 20:20 Deposit scheme.
Which bank gives more interest on FD in Tamilnadu?
Top Banks Fixed Deposit Interest Rate and Address
| Bank Name | Main Branch Address | FD Interest Rates |
|---|---|---|
| Axis Bank | 82 Dr. Radhakrishnan Salai Mylapore, Chennai 600004 | 2.50% – 6.50% |
| ICICI Bank | 1, Cenotaph Road, Chennai- 600018 | 2.50% – 6.30% |
| PNB | 17, Rajaji Salai, Chennai- 600001 | 2.90% – 5.75% |
What is the interest rate for savings account in TMB?
4%
The Tamilnad Mercantile Bank offers its customers a competitive interest rate so they can earn through their savings. The bank offers a rate of 4% for amounts up to Rs. 1 lakh and 4.25% for amounts above Rs. 1 lakh.
How can I close my TMB bank fixed deposit?
Steps to Close Tamilnad Mercantile Bank Fixed Deposit Account
- Step 1: Fill in the account closure form/fixed deposit liquidation form.
- Step 2: Attach your KYC documents.
- Step 3: Submit your Fixed Deposit Certificate or the Fixed Deposit Receipt.
Is TMB a safe bank?
The bank transaction system is so safe because of the as per my experience the bank don’t allow to any transction without confirmation of bank account holder or permission of that account holder. This so safe banking of TMB which feel you secure and your online transctions and any other services are so safe.
What type of bank is TMB Bank?
Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India….Tamilnad Mercantile Bank Limited.
| Type | Private |
|---|---|
| Industry | Banking and Financial Services |
| Founded | 11 May 1921 |
| Headquarters | Thoothukudi, Tamil Nadu, India |
| Number of locations | 509 |
How can I close my TMB account online?
In order to close your bank account, the first step is to fill up an Account Closure Form. You can download it from bank’s website or alternatively, you can visit your home branch, get the account closure form and fill it up properly.
Is TMB a private bank?
Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India….Tamilnad Mercantile Bank Limited.
| Type | Private |
|---|---|
| Founded | 11 May 1921 |
| Headquarters | Thoothukudi, Tamil Nadu, India |
| Number of locations | 509 |
| Area served | Worldwide |
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