What type of bank is Tamilnad Mercantile Bank?

What type of bank is Tamilnad Mercantile Bank?

Private Sector Bank
TMB was rated as the fastest growing Private Sector Bank continuously for the five years from 2010 to 2015….Tamilnad Mercantile Bank Limited.

Type Private
Operating income ₹995.05 crore (US$140 million) (2020)
Net income ₹407.69 crore (US$57 million) (2020)
Total assets ₹42,758.79 crore (US$6.0 billion) (2020)
Capital ratio 16.17% (2019)

Is Tamilnad Mercantile Bank Safe?

The bank transaction system is so safe because of the as per my experience the bank don’t allow to any transction without confirmation of bank account holder or permission of that account holder. This so safe banking of TMB which feel you secure and your online transctions and any other services are so safe.

How do I get TMB fastag?

Follow the below steps to apply a Fastag from Tamilnad Mercantile Bank(TMB)

  1. Visit the nearest branch of Tamilnad Mercantile Bank.
  2. Ask for the application form for applying Fastag from TMB.
  3. Fill in the necessary details in this application Form like your personal details, vehicle details.

Is Tamilnad Mercantile Bank merged?

The merger between TMB Bank (TMB) and Thanachart Bank (TBANK) proceeds as planned, with an expected completion date of July 2021. TMB and TBANK are committed to synergising their banking and financial service offerings for the benefit of their customers and for a better banking experience.

Which is the No 1 bank in Tamil Nadu?

State Bank Group

Sl.No. Bank No. of Branches
1 State Bank Group 1189
2 Nationalised Banks 5234
3 Other Public Sector Banks 112
4 Private Sector Banks 3577

What is the minimum balance in TMB bank?

Savings Account Minimum Balance Requirements

Savings Account Type Minimum Balance required
Savings (AWB) Savings Account Rural- Rs. 250 (with cheque book), Rs. 100 (without chequebook) Urban- Rs. 500 (with cheque book), Rs. 250 (without cheque book)
Salary SB Savings Account Nil

Who is the owner of Mercantile bank?

Quamrul Islam Chowdhury
Mr. Md. Quamrul Islam Chowdhury is the Managing Director and CEO of Mercantile Bank Limited. He was the Additional Managing Director of the same bank.

Can I print FASTag?

FASTag is a RFID based sticker which will pay toll digitally. FASTag receipts can be downloadable via app.

Which is better Icici or HDFC?

ICICI Bank scored higher in 3 areas: Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 3 areas: Compensation & Benefits, CEO Approval and Positive Business Outlook. Both tied in 3 areas: Overall Rating, Career Opportunities and Senior Management.

Which bank is most secure?

World’s safest banks

Rank Bank Country
1 KfW Germany
2 Zuercher Kantonalbank Switzerland
3 Landwirtschaftliche Rentenbank Germany
4 L-Bank Germany

Which bank has highest minimum balance?

List of All Banks Savings Account Interest Rates and Minimum Balance 2021

List of Savings Account Banks Minimum Balance Required(INR)
HDFC Bank 2500/5000/10000/25000
ICICI Bank 0/1000/2000/2500/5000/10000
IDBI Bank 500/2500/5000
IDFC Bank 25000

Which savings account is best in SBI?

SBI Savings Account Interest Rates & Minimum Balance Required

Savings Account Interest Rate Minimum Balance
Basic Savings Bank Deposit Small Account 2.70% p.a. Nil
Savings Bank Account 2.70% p.a. Nil
Savings Account for Minors 2.70% p.a. Nil
Savings Plus Account 2.70% p.a. Nil

Where is Tamilnad Mercantile Bank in Tuticorin located?

Bankings Codes & Standards Board of India Commitment Banking Ombudsman Basel Disclosures Policies Tamilnad Mercantile Bank Limited – 57, V.E. Road, Tuticorin, Tamilnadu, India Zip: 628 002. Phone – +91 (461) 232 1382 / 232 1929 / 232 1932.

What is the share capital of Tamilnad Mercantile Bank?

Tamilnad Mercantile Bank Limited is a Public incorporated on 11 May 1921. It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its authorized share capital is Rs. 5,000,000,000 and its paid up capital is Rs. 1,425,114,500.

Is it safe to use TMB eBanking account?

Disclaimer: Our Bank does not ask for the details of your account / PIN / Passwords. Therefore any one pretending to be asking you for information from the bank/technical team may be fraudulent entities, so please beware. You should know how to operate net transactions and if you are not familiar you may refrain from doing so.

How long does TMB have to revise tariff structure?

TMB reserves the rights to revise the tariff structure from time to time, with a notice of 30 days.