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    Steps to apply for TamilNad Mercantile Bank Fixed Deposit

    Steps to apply for TamilNad Mercantile Bank Fixed Deposit  and 2 other FDs

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    15 Days to 10 Years
    5% - 7.5% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.90% - 7.00% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know

    Steps to apply for TamilNad Mercantile Bank Fixed Deposit is Rated as "Great!" by 4 Users

    Fixed Deposit BYTES FROM OUR KITCHEN

    Documents required

    Identity proof :

    • Passport
    • PAN Card
    • Voter ID card
    • Driving licence
    • Government ID card
    • Photo ration card
    • Senior citizen ID card

    Address proof :

    • Passport
    • Telephone bill
    • Electricity bill
    • Bank Statement with Cheque
    • Certificate/ ID card issued by Post office

    Note :

    • * Mandatory to provide Permanent address and telephone number.
    • * Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.
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  • TamilNad Mercantile Bank Fixed Deposit Reviews

    • Tamilnad Mercantile Bank Fixed Deposit
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have two fixed deposit accounts with this bank. Customer service is excellent. Within five minutes they created the fixed deposit account and linked it to my savings account. Also i can track all the my savings, fixed deposit and recurring accounts in netbanking.
      Was this review helpful? 3
      , chennai
      Reviewed on Feb 03, 2017
    • Tamilnad Mercantile Bank Fixed Deposit
      "Easy to open the FD account!"
      0.5 5.0/5 "Blown Away!"
      I have two Fixed deposit accounts with Tamilnad Mercantile bank. I just submitted the documents for opening the account. The tenure is of 2 years and I paid initial amount of 50K. After completing the period, I have to sign the papers and they used to transfer the amount to my savings account.
      Was this review helpful? 6
      , pune
      Reviewed on Feb 06, 2016
    • Tamilnad Mercantile Bank Fixed Deposit
      "happy with the rate.."
      0.5 2.0/5 "Expected more"
      I preferred TamilNad Mercantile bank for fixed deposit because they are offering very high interest rate. Customer service is good but in terms of technology they are lacking somewhat. Office environment can be changed and they can implement new things.
      Was this review helpful? 4
      , chennai
      Reviewed on Dec 31, 2015
    • Tamilnad Mercantile Bank Fixed Deposit
      "Quite satisfied but needs improvement"
      0.5 2.5/5 "Just OK"
      I started a fixed deposit with TMB couple of years ago and I am still maintaining the FD. There was no documentation required to create an FD as I was holding a savings account of TMB. I would suggest the bank to improve the customer service and introduce an online facility to start, manage the fixed deposit.
      Was this review helpful? 32
      , chennai
      Reviewed on Jun 21, 2014
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