Tamilnad Mercantile Bank has opened two branches on August 3, 2023. The first is in Dharmavaram, Sri Sathya Sai District, Andhra Pradesh, while other is in Ulundurpettai, Kallakkurichi District, Tamil Nadu. Earlier, the company had opened two branches in Tamil Nadu on May 1, 2023.
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.
