Rates verified from official source

Tamilnad Mercantile Bank Savings Account interest rates · November 2026

What would I earn at TMB?

Estimated interest in one year · before tax —  

  Savings rate source ↗

How this estimate works

Estimates use a steady balance and simple annual interest. Where the published bands give different results, we show two estimates: applying rates to each portion of the balance, and applying the selected rate to the entire balance. Confirm the method with the bank. The comparison table below uses its existing whole-balance estimate with quarterly compounding, so its figures can differ.

For insured banks, DICGC coverage for eligible deposits includes principal and accrued interest, up to ₹5 lakh across deposits held at the same bank in the same right and capacity. Deposit insurance details ↗

Compare this balance →
Deposit amount

Showing 1 of 8 rates.

TenureGeneralSeniorApplies toEffective OnSource
Any tenure
Balance above ₹5 lakh to ₹10 lakh
 3.00% 3.00% Balance above ₹5 lakh to ₹10 lakh
unavailable
✓ verified 13 Nov 2026
official
fetched 25 Oct 2026
Best rates Best Savings Account rates across IndiaCompare rates →

Compare TMB savings account returns with other banks

Choose up to five banks and compare returns at different balances.

Loading comparison…

How much should I keep accessible?

Use your usual balance to compare savings interest, or test keeping some money accessible and putting the rest in an FD.

Explore your options

Keep cash accessible →See what changes if you put the rest in an FD.Estimate savings interest →Check a different balance or rate.Check deposit cover →Work out how much room you have across banks.
See balance examples

TMB savings account return examples

BalanceRateInterestPer month
₹10,000 2.60% ₹263a year ₹22a month
₹50,000 2.60% ₹1,313a year ₹109a month
₹1 lakh 2.60% ₹2,625a year ₹219a month
₹5 lakh 3.00% ₹15,170a year ₹1,264a month
₹10 lakh 3.25% ₹32,898a year ₹2,742a month
₹25 lakh 3.25% ₹82,246a year ₹6,854a month

Open a figure in the savings calculator. Darker shade = higher rate. These examples use the published rate on the whole balance and quarterly compounding. Some banks apply each rate only to the portion of the balance in its band. Rates as of 14 Nov 2026. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.

Before you book

TMB Savings: frequently asked questions

What is the highest TMB Savings interest rate?

As of 14 Nov 2026, Tamilnad Mercantile Bank offers up to 6.00% p.a. on its savings account (Balance above ₹2 crore to ₹10 crore) for general customers. Rates below are as published by the bank. Confirm with TMB before investing.

See today's top interest rates →

When did TMB last change its Savings rates?

RateScan.in has recorded no change to Tamilnad Mercantile Bank's savings account rates since it started tracking them on 25 Oct 2026.

Rate movements →

Is my savings account 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. Rates can change without notice, so verify on the official TMB website before investing.

Rate movements →

More TMB rates

TMB overviewTMB Fixed Deposit ratesTMB Recurring Deposit ratesTMB NRE FD ratesTMB FCNR(B) rates

Savings rates at other banks

ESAF Savings ratesCSB Savings ratesUjjivan Savings ratesIOB Savings ratesYes Savings ratesIDFC First Savings ratesJana Savings ratesShivalik Savings ratesUnity Savings ratesSBM Bank India Savings ratesBest Savings rates across all 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.
official Effective unavailable · Ingested 25 Oct 2026 · Verified 13 Nov 2026 · View source

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.