Tamilnad Mercantile Bank IFSC Code Porur Branch, MICR code, Address

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Get IFSC Code and MICR code of Tamilnad Mercantile Bank, Porur, Tamil Nadu branch in Chennai city along with the address.

IFSC Code of Tamilnad Mercantile Bank PORUR, MICR Code of Tamilnad Mercantile Bank PORUR

Last Updated 22nd Oct 16

Bank Tamilnad Mercantile Bank
IFSC Code TMBL0000229 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 600060025
Contact Number 24827655
Branch PORUR
City Chennai
District Chennai
State Tamil Nadu

Tamilnad Mercantile Bank Interest Rates in PORUR, Chennai

Interest Rates* Tenure, Processing Fee
Tamilnad Mercantile Bank MCLR Base Rate 10.40% Past Trend
Tamilnad Mercantile Bank Home Loan 10.4% Floating Get Details
Tamilnad Mercantile Bank Loan Against Property 16.15% Floating Get Details
Tamilnad Mercantile Bank Fixed Deposit Interest Rates 30 Days - 6.25%
45 Days - 6.25%
60 Days - 6.75%
90 Days - 6.75%
120 Days - 7.20%
6 Months - 7.50%
9 Months - 7.25%
12 Months - 7.45%
18 Months - 7.40%
2 Year - 7.40%
3 Year - 7.40%
4 Year - 7.40%
5 Year - 7.40%
7 Year - 7.40%
10 Year - 7.40%
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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