Tamilnad Mercantile Bank Tamil Nadu IFSC code, MICR code, Address

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Tamilnad Mercantile Bank branch details in Tamil Nadu

Last Updated 22nd Oct 16
  • Tamilnad Mercantile Bank has 172 branches in Tamil Nadu spread over 30 districts of Ariyalur, Chennai, Coimbotore, Cuddalore, Dharmapuri, Dindigul, Erode, Kanchipuram, Kanniyakumari, Karur, Krishnagiri, Madurai, Nagapattinam, Namakkal, Nilgiris, Perambalur, Pondicherry, Pudukkottai, Ramanathapuram, Salem, Sivaganga, Thanjavur, Theni, Thoothkudi, Tiruchiorappalli, Tirunelveli, Tiruppur, Tiruvallur, Tiruvannamalai, Tiruvarur, Vellore, Villupuram, Virudhunagar.
  • Chennai district, with 22 branches has the largest number of Tamilnad Mercantile Bank branches in Tamil Nadu followed by Coimbotore district with 15 branches and Madurai district with 14.
District wise distribution of Tamilnad Mercantile Bank branches in Tamil Nadu is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
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News - Oct 2016
01st Sep 16 Tamilnad Mercantile Bank has reduced its MCLR from 1st September, 2016
Tamilnad Mercantile Bank has reduced its Marginal Cost Based Lending Rate (MCLR) by 10 basis point (bps) across maturities. The 1 year MCLR has been reduced to 10.15 percent from the current rate of 10.25 percent. The 3 month and 6 month MCLR has been reduced to 10.05 percent and 10.10 percent respectively. Similarly the Overnight MCLR has been reduced to 9.9 percent. These changes are effective from 1st September, 2016. The interest rates of home loans that have been disbursed after 1st April 2016 are linked to 1 year MCLR.
19th Feb 16 Daimler India signs MoU with Tamilnad Mercantile Bank
Daimler India Commercial Vehicles signed a MoU with TMB to provide tailor-made financing packages to customers across the country for modern BharatBenz trucks and buses