Tamilnad Mercantile Bank is opening two branches in Tamilnadu on December 29, 2022. The first is in Thevur, while other is in Koyambedu. Earlier, the Bank had executed tie-up arrangement with Kotak Mahindra General Insurance Company for marketing the General Insurance Products.
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.