Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through Treasury Corporate and Wholesale Banking and Retail Banking segments. The company offers savings recurring term deposit and current accounts; debit and credit cards; and demat and equity trading account POS terminal e-tax payment online bill payment mutual fund insurance mutual fund sovereign gold bond scheme money transfer forex treasury and Internet and mobile banking services. It also provides home car two-wheeler personal LAP rental pension pharma health care education gold jewel commercial vehicle traders and service MSME rice and dhall mill NRI doctor and Mahalir loans as well as loans against properties and sovereign gold bonds; vehicle finance for educational institutions; secured overdraft facilities; and microenterprise pharma and channel finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited on November 26 1962. The company was incorporated in 1921 and is headquartered in Thoothukudi India.