Tamilnad Mercantile Bank Debit Card

A variety of debit cards are available from Tamilnad Mercantile Bank Ltd. (TMB) to give its customers easy and safe banking experiences. These cards make it easier to conduct smooth domestic and international transactions. 

Updated On - 09 Feb 2026

Eligibility Criteria for Tamilnad Mercantile Bank Ltd Debit Card 

To be eligible for Tamilnad Mercantile Bank Ltd, you must have the following requirements: 

✔️People, apart from minors and those who lack literacy, being 

✔️Owner of a proprietorship business (or) 

✔️Partners that the partnership firm has approved, (or) 

✔️The Private Limited Company has authorized one or more directors. 

Documents Required for Tamilnad Mercantile Bank Ltd Debit Card 

Here are the required documents to be submitted for Tamilnad Mercantile Bank Ltd as follows: 

  1. Application Form for a Card 
  1. Undertaking/Letter of Indemnity (format accessible on the assistance site). Indemnity for Tamilnadu branches must be obtained on stamp paper for Rs. 20. As required by their state, other state branches must pay stamp duty on indemnity agreements 
  1. Resolution (the Director has been authorized) 

Benefits of Tamilnad Mercantile Bank Ltd Debit Card 

Here are some of the benefits of Tamilnad Mercantile Bank Ltd debit cards as follows: 

  1. The TMB Business Card can be used to pay utility bills, buy necessities for the business, and make online payments (using 3D-Secure) 
  1. This debit card not only makes it possible to book travel tickets but also do deal with the necessity for traveler's checks and currency exchange when traveling abroad 
  1. This card is a convenient method of payment because it will be accepted by millions of suppliers globally. Higher discounts at merchant websites and occasional VISA incentives are available to cardholders of the Platinum version of the VISA Debit card 
  1. This card gives the customer a higher limit for POS and e-commerce purchases, as well as cash withdrawals at ATMs 
  1. Additionally, this card offers Business Debit Card customers free Accidental (Death) Insurance coverage up to Rs. 5 lakhs. 

Fee Structure of Tamilnad Mercantile Bank Ltd Debit Card 

Here is the fee structure of Tamilnad Mercantile Bank Ltd debit cards as follows: 

Particulars 

Fee 

Issue of New Card 

Rs.200 + Service tax 

Renewal of Cards 

No Charge 

Annual Fee 

Rs.200 + Service tax 

Reissue of Lost/Damaged Card 

Rs.200 + Service tax 

Reissue of PIN 

Rs.50 + Service tax 

FAQs on Tamilnad Mercantile Bank Debit Card

  • What differentiates a credit card from a debit card?

    Debit cards use a buy now, pay now model with no interest, helping you control spending while enjoying card conveniences.

  • If I have received many PIN mailers, which one is valid?

    Use the PIN mailer with the most recent time and date printed on it at all times. 

  • Where is it possible to use the TMB Debit Card?

    TMB Debit card can be used for both overseas and in India, to buy products at more than 26 million stores across the globe, may be used to make cash withdrawals at more than 8.7 lakh ATMs worldwide and in India, and is compatible with all merchants that take Visa cards. 

  • What is the TMB Debit Card's payment method?

    With a debit card, there are no unpaid balances or monthly bills. The amount of any purchases or ATM withdrawals will be immediately deducted from your account. 

  • What are the TMB Debit Card's daily usage limits?

    TMB Debit Card’s daily usage limits for Use at TMB ATMs is Rs.30,000 (per day), up to five times per day, subject to a daily maximum of Rs.20,000 each transaction, Use at NFS/VISA ATMs is Rs.15,000 (per day), and Merchant Location is Rs.75,000 (per day). 

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