Company Profile
Tamilnad Mercantile Bank banks and financial products and services in India. Its business is organized into the Treasury, Corporate and Wholesale Banking, Retail Banking, and Banking Operations segments.
The company offers savings, fixed, recurring, term deposit, and current accounts. Its portfolio also includes debit and credit cards, and demat and equity trading accounts, mutual fund, insurance, portfolio management, online bill payment, sovereign gold bond scheme, forex, e-tax payment, e-stamping, SMS alert, POS terminal, and Internet and mobile banking services
Home, car, two wheeler, personal, LAP, pension, gold overdraft, education, jewel, traders and services, MSME, vyapari, GST, commercial vehicles, rice and dhall mill, Mahalir, doctor, genset, pharma and healthcare, green energy, smart business, and agricultural loans
Loans against sovereign gold bonds and secured overdraft facilities. Its portfolio also includes NRI products, and microenterprise and pharma finance. Incorporated in 1921 and headquartered in Thoothukudi, India, Tamilnad Mercantile Bank was formerly known as The Nadar Bank Ltd. before rebranding in November 1962.