Tamilnad Mercantile Bank has executed tie-up arrangement with Kotak Mahindra General Insurance Company for marketing the General Insurance Products. Earlier, the bank had entered into corporate agency agreement with Bajaj Allianz Life Insurance Company on December 7, 2022.
Tamilnad Mercantile Bank is one of the oldest private sector banks in the country, with a history of almost 100 years. It offers a wide range of banking and financial services primarily to Micro, Small and Medium Enterprises (MSME), agricultural and retail customers.