Get the best services and banking products with the new technology in Tamil Nadu Mercantile Bank

The Tamil Nadu Mercantile Bank is one of the leading private sector banks in India. The bank is popularly known as TMB in Tamil Nadu. The bank was established by a group of dedicated people in November, 1920. The bank has grown by using all his strength and touched the hearts of its customers. Its aim is to keep focus on customer needs for not only business strategy but as a corporate mission. The bank provides quality services and products to its customer with the outstanding levels of team professionals. Till the independence, the bank had only four branches but now it is increased to 215 branches and over 120 ATM machine all over the India. It also has seven regional offices and eleven extensions counters which are there to serve its customers.

The Tamil Nadu Mercantile Bank has made an agreement with IDBI bank and HDFC bank to use its branches and ATMs spread all across the country without taking extra cost. Its net profit is increasing every year since it is established. Now its net profit has crossed over hundred crore. In the year 2008, the bank was voted as the best bank in India. It is also awarded by the Dun & Bradstreet’ banking awards for the best private sector bank in the rural category.

The Tamil Nadu Mercantile Bank offers different deposit schemes such as fixed deposit, Savings account, Current account, Navarathnamala, Pearl deposit, Tax saving deposit, cash certificate etc. There are various services provided by the bank that are used by its customers such as mobile banking, bill payment services, mutual fund marketing, credit card services, money transfer etc. The bank provides different type of loan to retail and business customers so that they can fulfill their dreams. It includes Personal loan, house rent loan, short term education loan, IPO finance loan, SME credit, loans for Rice mill, traders, tractors etc. The bank provides different credit card options to its customers like smart shoppers visa card and India credit card. The bank offers special incentives and schemes for NRI on deposit at attractive interest rates. It offers high speed instant fund transfers with their own forex dealing room. The bank is developing innovative products for their customers and using best technology in their banking.

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