Tamilnad Mercantile Bank Savings Account – Interest Rates 2025

Keeping different savings needs of its customers in mind, they have introduced a wide range of savings accounts with attractive interest rates and features so that people can earn through their savings.

Tamilnad Mercantile Bank Savings Account	Primary Features
Simple Savings Account (Basic Savings Deposit Scheme)	Free ATM Debit Card Easy Cash Deposits and Withdrawals
Small Savings Account (Basic Savings Deposit Scheme)	Free ATM Debit Card Free SMS Alerts
Premium Operative Savings Bank Account	Free ATM Debit Card 5 Free ATM transactions per month
TMB Dynamic Youth Savings Bank Account	Free Visa International ATM Cum Debit Card Quarterly Average Balance Rs. 1000
TMB Royal Savings Bank Account	Free Platinum RuPay Debit Card Free Personalised Cheque Book
Value Increased Savings Account [VISA]	Auto Sweep Facility Quarterly Average Balance – Rs. 5,000
TMB Classic Salary Savings Bank Account	Zero Balance Savings Account Sweep-In Facility
TMB Mahila Subha Savings Scheme	Free Personal Accident Insurance Cover Free Visa Debit Card
Savings AWB Account (Normal Interest Bearing Operative Savings Account)	Debit Card Free Cheque Book

1. Simple Savings Account (Basic Savings Deposit Scheme)

Simple Savings Account	Features
Minimum Balance Requirement	Zero Balance Savings Account
SMS Alerts	Free
Maximum Balance Limit	2 Lakh
Internet Banking, SMS Banking and Phone Banking	Free
Eligibility Criteria	Indian Residents

2. Small Savings Account (Basic Savings Deposit Scheme) 

Small Savings Account	Features
Balance Maintained	<=Rs. 50000
SMS Alerts	Free
ATM Debit Card Available	Yes
Eligibility Criteria	Indian Residents

3. Premium Operative Savings Bank Account 

Premium Operative Savings Bank Account	Features
Quarterly Average Balance	Metro/Urban: Rs. 5000 Rural/Semi-Urban: Rs. 2500
ATM Debit Card	Free
Personal Accident Insurance	Free (Cover up to  Rs. 1 Lakh)
Phone Banking	Free
Eligibility Criteria	Indian Residents

4. TMB Dynamic Youth Savings Bank Account

TMB Dynamic Youth Savings Bank Account	Features
Quarterly Average Balance	Rs. 1000
NEFT, FTFT and RTGS	Free up to Rs. 15000 in a month
ATM Debit Card	Free Visa International ATM cum Debit Card
Internet Banking	Free with e-Commerce
Eligibility Criteria	Individuals between the Age of 17 and 35 years

5. TMB Royal Savings Bank Account

TMB Royal Savings Bank Account	Features
Minimum Monthly Average Balance	Metro: Rs. 50000 Urban/Semi-Urban: Rs. 40000 Rural: Rs. 25000
NEFT, FTFT and RTGS	Free
ATM Debit Card	Free Platinum Rupay Debit Card with Unlimited access to Domestic ATMs
Internet Banking	Free with e-Commerce
Eligibility Criteria	Indian Residents with High Net Worth such as Doctors, CAs, Executives in MNC, Public/Private Sector & Business People

6. Value Increased Savings Account [VISA]

Value Increased Savings Account [VISA]	Features
Minimum Quarterly Average Balance	Rs. 5000
Nomination Facility	Available
Auto-Sweep	Available
Eligibility Criteria	Indian Residents, Trusts, Clubs, Societies, Educational Institution and Hospitals

7. TMB Classic Salary Savings Bank Account

TMB Classic Salary Savings Bank Account	Features
Initial Deposit Amount	Zero Balance Savings Account
NEFT and RTGS	Free
ATM Debit Card	Free
SMS Banking	Free SMS Alert Facility
Eligibility Criteria	Employees of Central and State Government, semi-government organisations, PSUs, urban development authorities, universities and educational institutions, charitable institutions, MNCs, trusts, public limited companies, partnership firms, etc.

8. TMB Mahila Subha Savings Scheme

TMB Mahila Subha Savings Scheme	Features
Minimum Monthly Average Balance	Metro Branches: Rs. 1000 Other Branches: Rs. 500
Personal Accident Insurance Cover	Free (Cover up to Rs.3 lakh)
ATM Debit Card	Free
Nomination Facility	Yes
Eligibility Criteria	Working and non-working women between the age of 18 and 65 years

9. Normal Interest Bearing Operative Savings Account

Normal Interest Bearing Operative Savings Account	Features
Minimum Average Balance	With Cheque Book: Rs. 500 (Others), Rs. 250 (Rural) Without Cheque Book: Rs. 250 (Others), Rs. 100 (Rural)
Cheque Book	Free (First 20 leaves)
Folio Charges	Free (For 6 months)
Eligibility Criteria	Indian Residents

Documents Required for a Tamilnad Mercantile Bank Savings Account
Proof of Identity	Aadhaar card, PAN card, voter ID, passport, driving licence etc.
Proof of Address	Aadhaar card, electricity bill, telephone bill, etc.
Photographs	Recent passport size photographs

If you want to open any of the savings accounts from Tamilnad Mercantile Bank which are listed above, then you can do so by visiting the nearest TMB’s branch.

For any queries, you can also contact TMB using below-mentioned phone banking numbers.

TMB Bank Phone Banking Numbers

TMD Phone Banking Numbers

All India National Toll Free Number: 180 0425 0426

Working Hours: 10:00 am to 6:00 pm (Monday – Saturday except monthly 2nd & 4th Saturdays being bank holidays)

ATM Card Lost

+91 (44) 2622 3106 / 2622 3109

TMB Customer Care

+91 9842 461 461

NRI Help Desk

Email: nricell@tmbank.in

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.