Tamilnad Mercantile Bank Credit Card

TMB offers 2 credit card variants with no joining and an annual fee that provides a host of benefits to you. The cards enable you to “Buy Now and Pay Later” for the purchase of goods and services up to a specified credit limit. You can look at some of the significant features of TMB credit cards below:

Best Suited For: Shopping

Key Highlights

Credit Limit- Enjoy flexible credit limit option ranging from Rs.20,000 to Rs.5 lakh within 45 days credit period based on the eligibility norms.

Cash Withdrawal- The cash withdrawal facility is permitted only via ATMs at nominal interest charges.

Joining / Annual Fee- The card comes with zero joining or annual fee.

EMI- You have the option to avail EMI facility with this card.

International transactions- The card allows you to facilitate online transactions.

Insurance Cover- Get free accidental insurance cover of Rs.5 lakh.

Alerts- Avail free SMS alert and free account statement facility.

Add-on Cards- Get up to 2 free add-on cards for spouse and for children (above 18 years of age).

Validity- This card is valid for a period of 3 years from the date of issuance.

Similar Card:

Credit Limit- Avail the facility of flexible credit limit ranging between Rs.20,000 to Rs.5 lakh. The facility is available with a 45 days credit period based on the eligibility norms.

Cash Withdrawal- You can withdraw cash only via ATMs at set nominal interest charges.

No Joining / Annual Fee- The card gives you total freedom when it comes to paying the join or annual fee.

EMI- The EMI facility is also provided by the card.

International Transactions- All the international transactions are permitted via this card.

Insurance Cover- With this card, get free accidental insurance cover of Rs.5 lakh.

Alerts- Get SMS alerts and account statement facility free of cost with this card.

Validity- This card is valid for a period of 3 years from the date of issuance.

Please Note: Tamilnad Mercantile Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only. 

The common eligibility criteria and documentation required to apply for any of the TMB credit cards are mentioned below:

• Age: Between 18 years and 70 years
• Occupation: Salaried or Self-employed

Documents Required to apply for TMB credit cards:

• Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI
• Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement
• Proof of Income: Latest one or 2 salary slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

You can easily apply for any of the credit card variants either online or offline. Given below is the detailed description of both the methods-

Online Application-

 Step 1- Go to the official website of Tamilnad Mercantile Bank.

Step 2- Login into your netbanking account.

Step 3- Click on your preferred card variant and proceed further.

Step 4- In the newly opened page, click on the ‘Apply Now’ section.

Step 5- Fill all the required details and click on ‘Proceed’.

Step 6- Upon successful submission, the bank will contact you for further process of documentation.

Offline Application-

 If you wish to apply for the card offline, you can do so by visiting the nearest branch. Go to the bank’s executive and request for the application form. Fill the form with the relevant details and submit it along with the required documents. The bank will dispatch your card after further processing and verification. Also, it is to be noted that the bank solely holds the right to accept or reject your application on the basis of eligibility norms.

For any credit card related query, issue or complaint you can contact Tamilnad Mercantile Bank’s credit card customer care number for assistance. You can contact on 044-26193019, 26193020 or drop a mail to creditcardcell@tmbank.in

Postal Address- AC 16, 2nd Avenue, 3rd Floor, Anna Nagar (West), Chennai- 600040

How can I check my TMB Credit Card balance?
You can check your TMB Credit Card balance through TMB net banking, mobile banking, or by calling the customer care helpline. You can also check it via monthly credit card statements or by visiting your nearest TMB branch.

How can I generate a Green PIN for my TMB Credit Card?
You can generate your TMB Credit Card Green PIN online through the TMB net banking portal or at any TMB ATM by selecting the “PIN Generation” option. Alternatively, you can contact customer care for assistance in generating or resetting your PIN.

How can I pay my TMB Credit Card bill?
You can pay your TMB Credit Card bill using TMB net banking, mobile banking, NEFT, or by setting up an auto-debit from your TMB account. Cash or cheque payments can also be made at any TMB branch.

What is the credit limit on TMB Credit Cards?
The credit limit on TMB Credit Cards varies based on the applicant’s income, credit history, and repayment capacity. The bank determines the final limit after evaluating your financial profile and CIBIL score.

Is there a joining or annual fee for Tamilnad Mercantile Bank Credit Cards?
TMB Credit Cards may come with a nominal joining or annual fee depending on the card variant. However, certain cards might offer fee waivers if you meet the minimum annual spending requirement.

Do Tamilnad Mercantile Bank Credit Cards offer insurance benefits?
Yes, TMB Credit Cards usually come with complimentary insurance benefits such as accidental death or air travel accident coverage. The coverage amount and type of insurance vary depending on the card type.

Can I get add-on cards for my family members with TMB Credit Cards?
Yes, Tamilnad Mercantile Bank offers add-on credit cards for eligible family members such as spouses, parents, or children above 18 years of age. Add-on cards share the primary card’s credit limit and benefits.

Are Tamilnad Mercantile Bank Credit Cards accepted internationally?
Yes, TMB Credit Cards are accepted globally at all merchant outlets and ATMs that accept Visa or MasterCard, depending on your card network. However, international transactions come with a foreign exchange markup fee.

What is the minimum salary required to apply for TMB Credit Card?
The minimum salary requirement varies based on the card type, but typically applicants should have a stable monthly income. Besides this, TMB may also consider overall financial stability.

What CIBIL score is required for Tamilnad Mercantile Bank Credit Cards?
A CIBIL score of 700 or above is generally preferred to apply for a TMB Credit Card. However, the final approval depends on the applicant’s overall credit profile and repayment history.

What is the interest rate on unpaid balances for TMB Credit Cards?
TMB charges interest on unpaid balances if the total amount due is not cleared by the due date. The interest rate charged by TMB is 2% per month or 24% per annum.

Is there a rewards program for Tamilnad Mercantile Bank Credit Cards?
Yes, TMB Credit Cards offer a rewards program that lets you earn points on every eligible purchase. These reward points can be redeemed for gifts, vouchers, or statement credit as per the bank’s rewards catalogue.