Tamilnad Mercantile Bank FD Rates

I want to deposit or open a FD in the Tamilnad Mercantile Bank but before that I want to know that what the deposit rates offered in the bank

[Rajkumar Agarwal]

TMB has been consistently offering higher rates of interest \

It provide the benefit to depositors

Savings Account Deposit Interest Rate

Amount / Interest Rate (p.a.) Regular Citizens Senior Citizens

Above 1 Lakh 4.25% 4.25%

Upto 1 Lakh 4.00% 4.00%

Domestic & NRO Term Deposits

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

5 years - 10 years 7.70% 8.20%

Above 20m 20d - < 5 years 7.70% 8.20%

20 months 20 days 7.75% 8.25%

Above 1y to < 20m 20d 7.70% 8.20%

1 year 7.75% 8.25%

181 days - < 12 months 7.30% 7.30%

180 days 7.50% 7.50%

91 days - 179 days 7.25% 7.25%

46 - 90 days 6.80% 6.80%

30 - 45 days 6.30% 6.30%

15 - 29 days 5.80% 5.80%

Bulk Domestic & NRO Term Deposits

Period / Interest Rate (p.a.) Regular Citizens / NRO Dep. Senior Citizens
Above 15 Lakhs & Upto Amount Rs. 99,99,999 Rs. 99,99,999

5 years - 10 years 7.65% 8.15%

Above 20m 20d - < 5 years 7.65% 8.15%

20 months 20 days 7.75% 8.25%

Above 1y to < 20m 20d 7.65% 8.15%

1 year 7.70% 8.20%

181 days - < 12 months 7.25% 7.25%

180 days 7.50% 7.50%

91 days - 179 days 7.20% 7.20%

46 - 90 days 6.75% 6.75%

30 - 45 days 6.25% 6.25%

15 - 29 days 5.75% 5.75%