Tamilnad Mercantile Bank offers Fixed Deposit offers fixed deposits at many tenures at a very competitive interest rates. There may be a lot of cases where you can close a fixed deposit- either prematurely or close it once the term is over, instead of renewing it.
Step 1: Fill in the account closure form/fixed deposit liquidation form
Step 2: Attach your KYC documents
Step 3: Submit your Fixed Deposit Certificate or the Fixed Deposit Receipt
All HUFs, resident individuals, firms, and NRIs, including minors can open a fixed deposit account with the bank.
No, you cannot deposit additional amount into your fixed deposit account. If you want to invest more amount, you are should open a new fixed deposit account.
Minimum deposit of Rs.2 crore must be deposited to open a bulk deposit and earn returns on the prevailing Tamilnad Mercantile Bank fixed deposit interest rates.
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