Tamilnad Mercantile Bank Interest Rates & Calculators
Complete guide to Tamilnad Mercantile Bank interest rates for FD, RD, and loans, plus top credit card comparison. Use our calculators to plan investments better.

Tamilnad Mercantile Bank FD Rates Overview
Tamilnad Mercantile Bank currently offers fixed deposit interest rates of up to 7.25% p.a. for the general public, and 7.7% for senior citizens. The full slab-wise Tamilnad Mercantile Bank rate table is below — use the FD and RD calculators to compute your exact maturity amount.
Tamilnad Mercantile Bank Planning & Calculators
Verified rates & instant amortization schedules for deposits, loans, and cards.
Latest Tamilnad Mercantile Bank Interest Rates
Verified rate tables updated as banks revise deposit & loan terms.
Fixed Deposit Rates
Latest interest rates for all tenures. Compare general and senior citizen slabs.
| Type / Tenure | General Rate | Senior Citizen Rate |
|---|---|---|
7-14 days | 4% | 4% |
15-29 days | 4.25% | 4.25% |
30-45 days | 4.5% | 4.5% |
46-60 days | 4.8% | 4.8% |
61-90 days | 4.8% | 4.8% |
91-120 days | 5.8% | 5.8% |
121-179 days | 5.8% | 5.8% |
180-270 days | 6.3% | 6.3% |
271 days to less than 1 year | 6.5% | 6.5% |
1 year | 6.8% | 7.3% |
Above 1 year to less than 456 days | 6.7% | 7.2% |
456 days (TMB456 Special) | 7.1% | 7.5% |
Above 456 days to 566 days | 6.6% | 7.1% |
567 days (TMB567 Special)Highest Yield | 7.25% | 7.7% |
Above 567 days to less than 2 years | 6.6% | 7.1% |
2 years to 3 years | 7% | 7.5% |
3 years to 10 years | 6.7% | 7.2% |
Recurring Deposit Rates
Latest interest rates for all tenures. Compare general and senior citizen slabs.
| Type / Tenure | General Rate | Senior Citizen Rate |
|---|---|---|
7-14 days | 4% | 4% |
15-29 days | 4.25% | 4.25% |
30-45 days | 4.5% | 4.5% |
46-60 days | 4.8% | 4.8% |
61-90 days | 4.8% | 4.8% |
91-120 days | 5.8% | 5.8% |
121-179 days | 5.8% | 5.8% |
180-270 days | 6.3% | 6.3% |
271 days to less than 1 year | 6.5% | 6.5% |
1 year | 6.8% | 7.3% |
Above 1 year to less than 456 days | 6.7% | 7.2% |
456 days (TMB456 Special) | 7.1% | 7.5% |
Above 456 days to 566 days | 6.6% | 7.1% |
567 days (TMB567 Special)Highest Yield | 7.25% | 7.7% |
Above 567 days to less than 2 years | 6.6% | 7.1% |
2 years to 3 years | 7% | 7.5% |
3 years to 10 years | 6.7% | 7.2% |
Loan Interest Rates
Verified loan interest rates and processing fees across retail borrowing categories.
| Type / Tenure | Min Rate | Max Rate | Processing Fee |
|---|---|---|---|
Home LoanLowest Starting Rate | 8.15% | 9.55% | Proposal Processing Charges | One time | Home loan | 0.50% of the loan amount* (Illustration: If the loan amount is ₹10.00 lakhs under Home loan category, then the Proposal Processing charges (0.50%) will be ₹5,000/- + GST) |
| 13% | 15.15% | 1% of loan amount + GST | |
| 9.75% | 11.4% | Not published | |
| 12% | 12% | Not published |
Tamilnad Mercantile Bank Credit Cards (6)
Select any card to explore full rewards, airport lounge access & application benefits.
TMB Phoenix Credit Card
TMB WINGS RuPay Credit Card
TMB Titanium Credit Card
TMB Platinum Credit Card (Secured)

TMB VIBE360 Credit Card

TMB Vertex Credit Card
Why Choose Tamilnad Mercantile Bank?
Key benefits and features of banking with Tamilnad Mercantile Bank.
Competitive Rates
Up to 7.7% returns on deposits with attractive rates across short & long tenures.
Bank Security
RBI regulated financial institution with DICGC insurance up to ₹5 Lakhs.
Digital Banking
Instant online FD/RD booking, mobile banking apps, and quick digital loans.
Customer Service
Extensive branch & ATM network across India with dedicated support.
Key Features & Perks
Compare Rates with Other Banks
Check latest fixed deposit interest rates across peer financial institutions before investing.