Tamilnad Mercantile Bank FCNR(B) Deposit interest rates · October 2026
TMB's best FCNR(B) Deposit rate is 3.00% (Tenure period below 3 years, irrespective of the amount, USD).
FCNR(B) Deposit rates
Foreign Currency Non-Resident (Bank) deposits · USD, GBP, EUR and more · general rates
| Currency | Tenure | Rate | Applies to | Effective On | Source |
|---|---|---|---|---|---|
| EUR | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
| EUR | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
| GBP | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
| GBP | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
| USD | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
| USD | Tenure period below 3 years, irrespective of the amount | 3.00% | Any amount | 19 Oct 2026 |
official fetched 3 Oct 2026 ✓ verified 19 Oct 2026 |
TMB FCNR(B) rate changes
Changes to TMB's FCNR(B) deposit rates that RateScan.in has recorded since it started tracking them on 3 Oct 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.
No change to TMB's FCNR(B) deposit rates has been recorded since tracking started on 3 Oct 2026.
TMB FCNR(B): frequently asked questions
What is the highest TMB FCNR(B) interest rate?
As of 19 Oct 2026, Tamilnad Mercantile Bank offers up to 3.00% p.a. on its FCNR(B) deposit (Tenure period below 3 years, irrespective of the amount, USD) for general customers. Rates below are as published by the bank — confirm with TMB before investing.
Which currencies does TMB offer for FCNR(B) deposits?
Tamilnad Mercantile Bank lists FCNR(B) rates for EUR, GBP, USD. FCNR(B) deposits are held in foreign currency for terms of 1 to 5 years.
When did TMB last change its FCNR(B) rates?
RateScan.in has recorded no change to Tamilnad Mercantile Bank's FCNR(B) deposit rates since it started tracking them on 3 Oct 2026.
Is my FCNR(B) deposit with TMB insured?
Deposits with Tamilnad Mercantile Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these TMB rates?
RateScan.in refreshed this dataset on 19 Oct 2026; the bank's rates shown here are effective 19 Oct 2026. Rates can change without notice, so verify on the official TMB website before investing.
More TMB rates
FCNR(B) rates at other banks
Good to know
- Deposits with Tamilnad Mercantile Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
- TMB is a private sector bank regulated by the RBI.
- Senior citizens (60+) earn up to 0.50% p.a. more than general customers at TMB, depending on the tenure.
- TMB's FD table includes 2 special schemes; check eligibility and end dates.
Informational only — always confirm the current rate on the official TMB website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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