Press Release

official press releases

Welcome to Press Release at Tamilnad Mercantile Bank.

Press Release

Find the latest news worthy happenings at TMB. Get the latest upto date press release / announcements about new product launches, interest rates revisions, branch openings, atm openings, and other related information from us.


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TMB has won the ASSOCHAM India Award 2016

Mar6

TMB has won the ASSOCHAM India (The Associated Chamber of Commerce and Industry of India) Award 2016 for Social Banking and Agricultural Banking Excellence under Small Banks category. read more >>

MCLR Lending Rates w.e.f. 01 March 2017

Mar1

Current Updated Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01.03.2017 read more >>

SB Deposit Interest rate for deposits above Rs. 1 lakh revised

Feb14

We are bringing revision in the interest rate on Savings Bank Deposits for the balance in excess of Rs. 1 lakh from the present level of 4.25% to 4.00% p.a from 15.03.2017. read more >>

MCLR Lending Rates w.e.f. 01 February 2017

Feb1

Current Updated Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01.02.2017 read more >>

Facility for exchange of Specified Bank Notes (SBNs)

Jan6

In terms of Section 4 (1) of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 of the Government of India dated December 30, 2016 - Facility for exchange of Specified Bank Notes (SBNs) during Grace Period. read more >>