Tamilnad Mercantile Bank is all set to open two branches in Tamilnadu on May 1, 2023. The first is in Thiruthuraipoondi Taluk, Thiruvarur District, Tamilnadu, while other is in Pollachi Taluk, Coimbatore District, Tamilnadu. Earlier, the company had opened two branches in Tamilnadu on March 23, 2023. The first was in Meenampatti, while other was in Othakadai.
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.