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Tamilnad Mercantile Bank FD Interest Rate Calculator

Tamilnad Mercantile Bank FD online calculator will help you calculate the interest that your money will earn when kept in a fixed deposit in Tamilnad Mercantile Bank. This will give the details of investment that's the principal amount on maturity after the interest is compounded on days or a monthly, quarterly, half-yearly and yearly basis. To learn about how your fixed deposit earns interest and how much will be your earning at the end of the tenure chosen, Goodreturns online calculators will help you.

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.

For domestic deposits - Less than Rs. 15 lakh [ Revised on : 01-01-2018 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
15 days to 29 days Less than Rs. 15 lakh 5.00 5.00
30 days to 45 days Less than Rs. 15 lakh 5.25 5.25
46 days to 60 days Less than Rs. 15 lakh 6.00 6.00
61 days to 90 days Less than Rs. 15 lakh 6.00 6.00
91 days to 179 days Less than Rs. 15 lakh 6.50 6.50
180 days Less than Rs. 15 lakh 6.75 6.75
181 days to less than 12 months Less than Rs. 15 lakh 6.75 6.75
1 year Less than Rs. 15 lakh 6.90 7.40
Above 1 year to less than 20 months 20 days Less than Rs. 15 lakh 7.00 7.50
20 months 20 days Less than Rs. 15 lakh 7.00 7.50
Above 20 months 20 days too less than 3 years Less than Rs. 15 lakh 7.00 7.50
3 years & Above Less than Rs. 15 lakh 6.90 7.40

Tax Saver Fixed Deposits [ Amount capped at Rs. 1 lakh per Financial Year ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
TMB - Tax Saving FD - 5 years Less than Rs. 15 lakh 6.90 7.40

For NRO Fixed Deposit - Less than Rs. 15 lakh [ Revised on : 01-01-2018 ]

Maturity Period Deposit Amount Interest Rate
15 days to 29 days Less than Rs. 15 lakh 5.00
30 days to 45 days Less than Rs. 15 lakh 5.25
46 days to 60 days Less than Rs. 15 lakh 6.00
61 days to 90 days Less than Rs. 15 lakh 6.00
91 days to 179 days Less than Rs. 15 lakh 6.50
180 days Less than Rs. 15 lakh 6.75
181 days to less than 12 months Less than Rs. 15 lakh 6.75
1 year Less than Rs. 15 lakh 6.90
Above 1 year to less than 20 months 20 days Less than Rs. 15 lakh 7.00
20 months 20 days Less than Rs. 15 lakh 7.00
Above 20 months 20 days too less than 3 years Less than Rs. 15 lakh 7.00
3 years & Above Less than Rs. 15 lakh 6.90

For NRE Fixed Deposit - Less than Rs. 15 lakh [ Revised on : 01-01-2018 ]

Maturity Period Deposit Amount Interest Rate
1 year Less than Rs. 15 lakh 6.90
Above 1 year to to less than 3 years Less than Rs. 15 lakh 7.00
3 years to 10 years Less than Rs. 15 lakh 6.90

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