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Bulk Deposits

 

TMB has been consistently offering higher rates of interest since the last many years for the benefit of its depositors since its cost of operations are low compared to other banks.

For all Higher Value Deposits beyond the ceiling amount specified in the table below, please contact your nearest TMB branch for availing special offers if any.

Period / Interest Rate (p.a.)

All Citizens

All Citizens

Amount From

Rs.  2,00,00,000

Rs.  5,00,00,001

Amount Upto

Rs.  5,00,00,000

Rs.  9,99,99,999

  • Above Interest Rates applicable from July 06, 2020.
  • Additional rate of interest payable on term deposits to Senior Citizens shall not apply to NRO Term Deposits.
  • No interest will be payable, if the deposit is pre-closed within 14 days.
  • Please note that Interest Rates are subject to change without notice as per the market trends and the bank’s decision in this regards is final.

3 years - 10years

5.40%

5.40%

2 years to less than 3 years

5.50%

5.50%

> 20months 20days - < 2 years

5.60%

5.60%

20 months 20 days

5.60%

5.60%

> 1year to < 20months 20days

5.70%

5.70%

1 year

5.60%

5.60%

271 days - < 12 months

5.25%

5.25%

180 days - 270 days

5.25%

5.25%

91 days - 179 days

5.00%

5.00%

61 - 90 days

4.25%

4.25%

46 - 60 days

4.25%

4.25%

30 - 45 days

3.75%

3.75%

15 - 29 days

3.50%

3.50%