Tamilnad Mercantile was established in the year 1921 under the guidance of Nadar community. The objective of the bank was to provide personalized services to its customers. It has 509 branches with 1125 ATM for easy transaction operations in the maximum cities of the country.
The first branch was in Tamilnadu and after that in Bangalore.
The dedicated workforce is professional and trained staff members who are always keen to serve their customers. Various services and products offered by the bank are Saving Accounts, Current Accounts, Loans, Internet banking, RTGS, NEFT and many more.
There are various types of saving accounts offered by Tamilnad Mercantile Bank to its customers. All these accounts have minimum balance amount ad non-maintenance charges.
So here is the list:
|Type of Saving Accounts||MAB||Charges for Non Maintenance|
|Saving AWB Account||With Cheque book Rs 250||Charges Ranges from Rs 10 till Rs 40 from Rural to urban customers.|
|SB Premium Account||Rs 2500 for rural and Rs 5000 for urban account holders||Rs 300 for urban and Rs 200 quarterly for rural customers|
|Dynamic Youth A/C||Rs 1000||NIL in first Quarter’s 250 yearly.|
|Royal SB A/c||Rs 50,000 for Metro and Rs 25000 for rural customers.||Rs 100 per month|
|Visa SB||Rs 5000||Rs 100 +GST per quarter|
|Mahila Subha Savings||Rs 1000 for urban and Rs 500 for rural||NA|
You can visit bank official website to get more details about the same: http://www.tmb.in