Press Release

official press releases

Welcome to Press Release at Tamilnad Mercantile Bank.

Press Release

Find the latest news worthy happenings at TMB. Get the latest upto date press release / announcements about new product launches, interest rates revisions, branch openings, atm openings, and other related information from us.


Please see Sale Notice for all updates about Sale Notices.

Revision in Charges for Other Banks ATM use

Dec19

Due to the change in charges, of Other Bank ATMs use for Card to Card Transfer, by NPCI, we have made the revision on the charges as referred below with effect from February 1, 2016. read more >>

Attention Investors No Need To Issue Cheques for IPO Investments

Dec1

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign the application form to authorise your bank to make payment in case of allotment. No worries for refunds as the money remain in investor account.

Increase in Service Tax by 0.5% towards Swachh Bharat Cess

Nov12

The Government of India, Ministry of Finance (Department of Revenue) vide its Notification No.22/2015-Service Tax dated 06.11.2015, has introduced Swachh Bharat Cess (SBC) at the rate of 0.50% on the value of taxable services. read more >>

Notice for Issue of Duplicate Share Certificates

Nov11

Notice is hereby given that the under mentioned share certificates issued by Tamilnad Mercantile Bank Ltd. have been reported lost and objection, if any, if not received within one month from the date of publication of this Notice... read more >>

94th Founders Day Celebrations

Nov11

The 94th Founders Day Celebrations of the Bank was held at A.S.K.R. Mahal, Thoothukudi on 11.11.2015 in the august presence of the Bank Board of Directors. The function was presided over by Shri. H.S. Upendra Kamath, Managing Director & CEO of the Bank. read more >>

Change in Interest Rate on Savings Bank Deposits

Oct3

Due to declining interest rate scenario, we are constrained to bring in revision in the interest rate on Savings Bank Deposits for the balance in excess of Rs. 1 lakh from the present level of 4.50% to 4.25% p.a from Nov. 03, 2015. read more >>

Govt. Notification on declaring 2nd & 4th Saturday Bank Holiday

Aug27

Please make a note of Government Notification on declaring Second and Fourth Saturday of every month as public holiday for Banks in India and the other Saturdays of every month will be full working days for banks with effect from 01.09.2015. read more >>

Notice for Issue of Duplicate Share Certificates

Jul17

Notice is hereby given that the under mentioned share certificates issued by Tamilnad Mercantile Bank Ltd. have been reported lost and objection, if any, if not received within one month from the date of publication of this Notice, the Board / Committee o read more >>

Notice to all Credit Card (IndiaCard) holders

Jul15

We thank you for having availed our "India Card" Credit Card. Our credit card billing cycle is once in 15 days. We like to bring to your kind notice the revised procedure for collection of Credit Card Bills / dues. read more >>

Update: Withdrawal of Old Series of Bank Notes prior to 2005

Jun30

Updated: All our customers and general public are hereby informed that Reserve Bank of India has decided to withdraw all old series of Banknotes issued prior to 2005. Accordingly, all older series of banknotes issued prior to 2005 would be acceptable for read more >>