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 of Interest Rates on Domestic / NRO Term Deposits


Tamilnad Mercantile Bank Ltd has increased the interest rates on various periods of deposits. Domestic Term Deposit interest rates are increased by 0.25% to 0.50% for the deposit period from 91 days to 10 years. read more >>

Inaguration of Financial Literacy Campaign


Inaguration of Financial Literacy campaign on PERUNTHALAIVAR KAMARAJ Birthday at Kulayankarisal Unbanked village. read more >>

CA Campaign Winners Contest


CA CAMPAIGN WINNERS CONTEST held at Taj Coromandel Hotel. read more >>

Launching E-Stamping Service


We are glad to inform that, our bank has reached another milestone by introducing E-Stamping service by having tie-up with Stock Holding Corporation of India Ltd (SHCIL). E-Stamping is a computer based application and a secured way of paying Non-Judicial read more >>

Audited Financial Results period ending March 31, 2013


The bank has achieved tremendous momentum and progress towards sustained growth during the fiscal year 2012-13. A determined business strategy and relentless efforts of the management team along with TMBians have resulted in significant growth of business read more >>

Notice of Loss of Share Certificates


We hereby inform to all concerned that the referred share certificates have been lost by the respective share holders and if no objection is raised in 30 days, duplicates of the same shall be issued. read more >>

Inauguration of Currency Chest at Coimbatore, TN


On 04.03.2013, TMB opens one new Currency Chest at Podanur, Coimbatore Dist. Shri S.M. Parida, Deputy General Manager of Reserve Bank of India, Chennai declared open the Currency Chest. read more >>

TMB awarded India's Best Banks 2011 by Financial Express


TMB received Financial Express - India's Best Banks 2011 award. Every year, Financial Express announces Ranks individually for each category of Nationalized Banks, Old Private Sector Banks, New Private Sector Banks and Foreign Banks. read more >>

TMB reduces base rate by 25 basis points


Consequent to the reduction of CRR, Repo rate and Reverse repo rate to the extent of 25 basis points by Reserve Bank of India, Tamilnad Mercantile Bank has also reduced its Base Rate by an equivalent amount to pass on the benefit to their customers. read more >>

Solar Energy Awareness Workshop


On 9.2.2013, Tamilnad Mercantile Bank Limited organized one workshop to promote wide applications of solar energy in domestic and industries, as on alternative to the harmful fossil fuels. read more >>