Tamilnad Mercantile Bank FD Interest Rate and Calculator

Q: What is the highest Tamilnad Mercantile Bank FD rate today?

The highest Tamilnad Mercantile Bank FD rate for general citizens is 7.25% p.a. and 7.70% p.a. for senior citizens, on deposits below Rs. 3 crore. This rate applies to the 567 days tenure.

Q: What is the lowest Tamilnad Mercantile Bank FD rate today?

The lowest Tamilnad Mercantile Bank FD rate for general citizens is 4.00% p.a. and 4.00% p.a. for senior citizens, applicable on the 7 - 14 days tenure, for deposits below Rs. 3 Crore.

Q: What is the Tamilnad Mercantile Bank FD rate for 1 year?

The Tamilnad Mercantile Bank FD rate for the 271 days to < 1 Yr tenure is 6.50% p.a. for general citizens and 6.50% p.a. for senior citizens, for deposits below Rs. 3 Crore.

Q: What is the Tamilnad Mercantile Bank FD rate for 2 years?

The Tamilnad Mercantile Bank FD rate for the 567 days to < 2 Yrs tenure is 6.60% p.a. for general citizens and 7.10% p.a. for senior citizens, for deposits below Rs. 3 Crore.

Q: What is the Tamilnad Mercantile Bank FD rate for 3 years?

The Tamilnad Mercantile Bank FD rate for the 2 Yrs to < 3 Yrs tenure is 7.00% p.a. for general citizens and 7.50% p.a. for senior citizens, for deposits below Rs. 3 Crore.

Q: What is the Tamilnad Mercantile Bank FD rate for 5 years?

The Tamilnad Mercantile Bank FD rate for the 3 Yrs to < 10 Yrs tenure is 6.70% p.a. for general citizens and 7.20% p.a. for senior citizens, for deposits below Rs. 3 Crore.

Q: What is the minimum tenure for a Tamilnad Mercantile Bank FD?

The minimum tenure for a Tamilnad Mercantile Bank FD is 7 - 14 days, offering 4.00% p.a. for general citizens and 4.00% p.a. for senior citizens, for deposits below Rs. 3 Crore.

Q: How much extra interest do senior citizens get on Tamilnad Mercantile Bank FDs?

Senior citizens get an additional 0.23% p.a. over the general FD rate across almost all Tamilnad Mercantile Bank tenures.

Q: What is the Tamilnad Mercantile Bank FD interest rate for general citizens?

Tamilnad Mercantile Bank offers fixed deposit interest rates ranging from 4.00% to 7.25% p.a. for general citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

Q: What is the Tamilnad Mercantile Bank FD interest rate for senior citizens?

Tamilnad Mercantile Bank offers fixed deposit interest rates ranging from 4.00% to 7.70% p.a. for senior citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

Interest Rate Calculator

Tamilnad Mercantile Bank Fixed Deposit Interest Rates

Tamilnad Mercantile Bank fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good returns on your investment, then fixed deposit is the way to go. Checking the Tamilnad Mercantile Bank fixed deposit interest rate and making the decisions is now very easy.

Less than Rs. 3 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 14 days	Below 3 Cr	4.00	4.00
15 - 29 days	Below 3 Cr	4.25	4.25
30 - 45 days	Below 3 Cr	4.50	4.50
46 - 60 days	Below 3 Cr	4.80	4.80
61 - 90 days	Below 3 Cr	4.80	4.80
91 - 120 days	Below 3 Cr	5.80	5.80
121 - 179 days	Below 3 Cr	5.80	5.80
180 - 270 days	Below 3 Cr	6.30	6.30
271 days to < 1 Yr	Below 3 Cr	6.50	6.50
1 Yr	Below 3 Cr	6.80	7.30
1 Yr to < 456 days	Below 3 Cr	6.70	7.20
456 days	Below 3 Cr	7.10	7.50
Above 456 - 566 days	Below 3 Cr	6.60	7.10
567 days	Below 3 Cr	7.25	7.70
567 days to < 2 Yrs	Below 3 Cr	6.60	7.10
2 Yrs to < 3 Yrs	Below 3 Cr	7.00	7.50
3 Yrs to < 10 Yrs	Below 3 Cr	6.70	7.20

FAQs

What is the highest Tamilnad Mercantile Bank FD rate today?

The highest Tamilnad Mercantile Bank FD rate for general citizens is 7.25% p.a. and 7.70% p.a. for senior citizens, on deposits below Rs. 3 crore. This rate applies to the 567 days tenure.

What is the lowest Tamilnad Mercantile Bank FD rate today?

The lowest Tamilnad Mercantile Bank FD rate for general citizens is 4.00% p.a. and 4.00% p.a. for senior citizens, applicable on the 7 - 14 days tenure, for deposits below Rs. 3 Crore.

What is the Tamilnad Mercantile Bank FD rate for 1 year?

The Tamilnad Mercantile Bank FD rate for the 271 days to < 1 Yr tenure is 6.50% p.a. for general citizens and 6.50% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Tamilnad Mercantile Bank FD rate for 2 years?

The Tamilnad Mercantile Bank FD rate for the 567 days to < 2 Yrs tenure is 6.60% p.a. for general citizens and 7.10% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Tamilnad Mercantile Bank FD rate for 3 years?

The Tamilnad Mercantile Bank FD rate for the 2 Yrs to < 3 Yrs tenure is 7.00% p.a. for general citizens and 7.50% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Tamilnad Mercantile Bank FD rate for 5 years?

The Tamilnad Mercantile Bank FD rate for the 3 Yrs to < 10 Yrs tenure is 6.70% p.a. for general citizens and 7.20% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the minimum tenure for a Tamilnad Mercantile Bank FD?

The minimum tenure for a Tamilnad Mercantile Bank FD is 7 - 14 days, offering 4.00% p.a. for general citizens and 4.00% p.a. for senior citizens, for deposits below Rs. 3 Crore.

How much extra interest do senior citizens get on Tamilnad Mercantile Bank FDs?

Senior citizens get an additional 0.23% p.a. over the general FD rate across almost all Tamilnad Mercantile Bank tenures.

What is the Tamilnad Mercantile Bank FD interest rate for general citizens?

Tamilnad Mercantile Bank offers fixed deposit interest rates ranging from 4.00% to 7.25% p.a. for general citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

What is the Tamilnad Mercantile Bank FD interest rate for senior citizens?

Tamilnad Mercantile Bank offers fixed deposit interest rates ranging from 4.00% to 7.70% p.a. for senior citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

What are the available FD tenure options in Tamilnad Mercantile Bank?

Tamilnad Mercantile Bank offers fixed deposit tenures ranging from 7 - 14 days to 3 Yrs to < 10 Yrs, so you can choose a duration that fits your savings goal, on deposits below Rs. 3 Crore.

What is the minimum and maximum deposit amount for a Tamilnad Mercantile Bank FD?

You can open a Tamilnad Mercantile Bank fixed deposit with an amount starting from Rs. 1, up to a maximum of Rs. 3 Crore.

How can I check my Tamilnad Mercantile Bank FD balance?

You can check your Tamilnad Mercantile Bank FD balance through online or offline modes. Online, simply log in to the Tamilnad Mercantile Bank internet banking or mobile banking app to view your FD details instantly. Offline, you can visit your nearest Tamilnad Mercantile Bank branch and get your passbook updated for an FD balance enquiry.

Is there a limit on how many FDs I can open with Tamilnad Mercantile Bank?

No, there is no restriction on the number of fixed deposits you can open with Tamilnad Mercantile Bank. You can open multiple FDs across different tenures and amounts based on your financial planning needs.