Tamilnad Mercantile Bank Fixed Deposit interest rates · November 2026
What will my FD earn at TMB?
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
7-14 days |
4.00% | 4.00% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
15-29 days |
4.25% | 4.25% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
30-45 days |
4.50% | 4.50% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
46-60 days to 61-90 days 2 slabs at this rate |
4.80% | 4.80% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
91-120 days to 121-179 days 2 slabs at this rate |
5.80% | 5.80% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
180-270 days |
6.30% | 6.30% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
271 days to less than 1 year |
6.50% | 6.50% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
1 year |
6.80% | 7.30% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
Above 1 year to less than 456 days |
6.70% | 7.20% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
456 days (TMB 456 Special Deposit scheme) 456-day Special |
7.10% | 7.50% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
Above 456 days to less than 2 years 2 slabs at this rate |
6.60% | 7.10% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
567 days (TMB 567 Special Deposit scheme) 567-day Special |
7.25% | 7.70% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
2 years to less than 3 years |
7.00% | 7.50% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
3 years to 10 years |
6.70% | 7.20% | Below ₹3 crore (retail) | 10 Apr 2026 ✓ verified 13 Nov 2026 | official fetched 20 Sept 2026 |
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TMB FD return examples
Open a figure in the FD calculator. Darker shade = higher rate. ★ marks the highest estimated interest over one year at that rate. Maturity uses quarterly compounding. The monthly figure is simple annual interest divided by 12. Rates as of 14 Nov 2026. Confirm the current rate and payout terms with the bank. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
FD rates by tenure
1 year
6.80%Before you book
TMB Fixed Deposit: frequently asked questions
What is the highest TMB Fixed Deposit interest rate?
As of 14 Nov 2026, Tamilnad Mercantile Bank offers up to 7.25% p.a. on its fixed deposit (FD) (567 days (TMB 567 Special Deposit scheme)) for general customers and 7.70% p.a. (567 days (TMB 567 Special Deposit scheme)) for senior citizens. Rates below are as published by the bank. Confirm with TMB before investing.
What is the TMB 2-year FD interest rate?
As of 14 Nov 2026, Tamilnad Mercantile Bank offers 7.00% p.a. on a 2-year FD for general customers and 7.50% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 10 Apr 2026 and was last verified 13 Nov 2026. Source: the bank's official rate page.
What is the TMB 3-year FD interest rate?
As of 14 Nov 2026, Tamilnad Mercantile Bank offers 6.70% p.a. on a 3-year FD for general customers and 7.20% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 10 Apr 2026 and was last verified 13 Nov 2026. Source: the bank's official rate page.
What is the TMB 5-year FD interest rate?
As of 14 Nov 2026, Tamilnad Mercantile Bank offers 6.70% p.a. on a 5-year FD for general customers and 7.20% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 10 Apr 2026 and was last verified 13 Nov 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at TMB?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Tamilnad Mercantile Bank, depending on the tenure.
When did TMB last change its Fixed Deposit rates?
RateScan.in has recorded no change to Tamilnad Mercantile Bank's fixed deposit (FD) rates since it started tracking them on 20 Sept 2026.
What fixed deposit (FD) tenures does TMB offer?
Tamilnad Mercantile Bank's published fixed deposit (FD) rate table has 15 tenure bands, from “7-14 days” to “3 years to 10 years”.
Does TMB have special fixed deposit (FD) schemes?
Tamilnad Mercantile Bank's rate table lists these named schemes (2): 456-day Special; 567-day Special. Check eligibility and end dates with the bank.
Does TMB pay more than the Post Office Time Deposit?
Tamilnad Mercantile Bank pays more than the Post Office Time Deposit at 0 of 3 standard tenures compared (general rates). Rates: 2y 7.00% (PO 7.00%), 3y 6.70% (PO 7.10%), 5y 6.70% (PO 7.50%). PO is the Post Office Time Deposit rate.
How does TMB's 1-year FD rate rank?
Tamilnad Mercantile Bank's 1-year general FD rate of 6.80% ranks #458 of 1033 banks on RateScan.in (as of 14 Nov 2026). The highest is Kattappana Urban Co-op Bank at 9.50%.
Is my fixed deposit (FD) 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 14 Nov 2026; the bank's rates shown here are effective 10 Apr 2026. Rates can change without notice, so verify on the official TMB website before investing.
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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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