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.

Please see Sale Notice for all updates about Sale Notices.

Conversion of magnetic stripe card to EMV chip card


As per RBI mandate, all active Magnetic stripe debit cards have to be converted to EMV Chip cards on or before 31.12.2018. In this regard, we have given SMS alert on 13.11.2018 to all our customers who were having Magnetic stripe Debit cards, advising the

MCLR Lending Rates w.e.f. 01 February 2019


Current Updated Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01.02.2019. read more >>

MCLR Lending Rates w.e.f. 01 January 2019


Current Updated Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01.01.2019. read more >>

Notice for Issue of Duplicate Share Certificates


Notice is hereby given that the undermentioned share certificates issued by Tamilnad Mercantile Bank Ltd. have been reported lost and objection, if any, if not received within one month from the date of publication of this Notice. read more >>

Courier / Postal charges for Direct Delivery of Cheque Books


On 17 June 2018, we introduced direct delivery of cheque book and ATM cards through Speed post. Due to increase in operational cost of servicing, we are constrained to collect Rs. 40 + GST as courier / postal charges for direct delivery of cheque book.