TMB has always been offering HIGHEST RATE of INTEREST on DEPOSITS and is also known as the BEST INDIAN BANK for NRI DEPOSITS.
Yes, we are a strong 98 year old scheduled commercial bank & authorized dealers in foreign exchange. See below info to know more about us…
Learn more about the popular TMB Pearl Deposit Scheme from TMB.
This is among our most popular deposit plans where in the interest can be drawn / transferred to any operative account at every quarterly / half yearly / yearly periods. Loans against such deposits are provided. Deposits can be made for periods ranging from 12 months to 10 years.
Under our TMB Pearl Deposit Scheme, an investment in various periods of deposit of the principal for withdrawal of interest in quarterly / half yearly / annual periods will earn an approximate interest as per the table below.
|Duration [For Deposit of Rs. 1,000]||Int. Rate||Qrtrly.||H. Yearly||Annually|
|3 years - 10y||6.75%||Rs. 16.88||Rs. 34.03||Rs. 69.23|
|> 20m 20d - < 3 years||7.00%||Rs. 17.50||Rs. 35.31||Rs. 71.86|
|20 months 20 days||7.00%||Rs. 17.50||Rs. 35.31||Rs. 71.86|
|> 1y to < 20m 20d||7.00%||Rs. 17.50||Rs. 35.31||Rs. 71.86|
|1 year||7.10%||Rs. 17.75||Rs. 35.82||Rs. 72.91|
“Tamilnad Mercantile Bank has been rated 3rd Best Bank in Small Banks Category (Out of 19 Banks) by Business World under India’s Best Banks 2012.”
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