Interest Accrual Period
Period after which Interest is credited to your account
Yearly
Senior Citizen Rates
0.5 %
Bank Type
Private
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Fixed Deposit interest rates for Tamilnadu Mercantile Bank
Period of Deposit  |
FD Interest Rates |
|---|---|
| 7 - 14 days | 2.75 % |
| 15 - 29 days | 3.5 % |
| 30 - 45 days | 3.75 % |
| 46 - 60 days | 4.25 % |
| 61 - 90 days | 4.25 % |
| 91 days - 179 days | 5.0 % |
| 180 days - 270 days | 5.25 % |
| 271 days to less than 1 year | 5.25 % |
| 1 year | 5.5 % |
| Above 1 year to less than 20 months & 20 days | 5.6 % |
| 20 months & 20 days | 5.5 % |
| Above 20 months 20 days to less than 2 years | 5.5 % |
| 2 years to less than 3 years | 5.5 % |
| 3 years to 10 years | 5.5 % |