Process for Claiming/Activation of the Unclaimed Deposit Accounts in Tamilnad Mercantile Bank Ltd

I. Claim by the customer himself

a) Account holders after checking their name and address on the List of Unclaimed Deposits displayed on this website will visit the branch maintaining his/her account and submit the “Claim Form” duly filled in and signed as per annexure, along with the available details of the account (Pass book/Statements of account, Term Deposit/Special Term Deposit Receipts or advices, Cheque Book (Un-used)), recent photographs, valid Identity and address proof documents (KYC documents) with originals for verification.

b) Branches will process the application for activating the account / pay the amount held under unclaimed deposit. In case if the claim amount is above Rs.20,000/- account payee banker’s cheque / Demand Draft will be issued in favour of the account holder/s.

II. Claim by the legal heir / nominee :–

a) For claim process, the legal heir/ Nominee (s) can visit the branch and submit the Unclaimed Deposits Claim Form duly filled in and signed, along with required documents mentioned in our Death Claim Policy

b) Branches will process the application for claim settlement of deceased and pay the amount held under unclaimed deposit. In case if the claim amount is above Rs.20,000/- account payee banker’s cheque / Demand Draft will be issued in favour of the legal heir/ nominee

III. Claim of Non-individuals accounts:

For claim of non-individual accounts including proprietorship and HUF, the Claim forms will be submitted on Company’s/firm’s letter head duly signed by authorized