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    Steps to apply for TamilNad Mercantile Bank (TMB) Fixed Deposit

    Applying for a TamilNad Mercantile Bank Fixed Deposit (FD) is a simple process and can be done by following a set of simple steps. Before initiating the application process, it is important for prospective customers to keep all documentation in place. Also, before opening a TMB fixed deposit account, the applicant should compare all tenures ranges and choose the best interest rate. This can be done by using an FD interest calculator.

    Given below is the stepwise process involved in opening a TamilNad Mercantile Bank fixed deposit:

    Step 1: Log on to the TamilNad Mercantile Bank page -

    Step 2: Download the FD application form -

    Step 3:  Fill in all the details in the application form and submit it to the nearest home branch

    How to open a TMB fixed deposit online

    Those who already have a savings bank account with TMB will be able to open an FD account online through their net banking facility. Those who do not have an account can also open a term deposit online after open a savings bank account and getting their net banking account activated. Take a look at all interest rates online and choose the TMB fixed deposit interest rate.

    Given below is the process involved in opening an FD account online with TMB through netbanking: 

    Step 1: Login to the TMB internet banking portal by keying in username and password

    Step 2: Go to the home page and click on the ‘Open Fixed Deposit’ tab

    Step 3: Choose the type of term deposit you want to open, type of interest payout option and the tenure

    Step 4: Proceed to fill in all details and choose the savings bank account from which the money should be debited and credited to the FD account.

    The FD account will be opened in a maximum of 2 working days. A confirmation message in this regard will be sent to your registered phone number and email ID.

    Document checklist

    Any of the given documents given can be furnished. PAN card is mandatory to open a term deposit in any bank. Just an Aadhaar card can be used along with PAN card to open an FD.

    Address proof Identity proof
    Aadhaar Aadhaar
    Passport PAN card
    Telephone bill Passport
    Electricity bill Voter ID
    Bank statement Driving licence

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