Tamilnad Mercantile Bank is all set to open two branches on October 20, 2023. The first is in Khammam, Khammam District, Telangana, while other is in Kayalpattinam, Thoothukudi District, Tamilnadu. Earlier, the company had opened new branch on September 29, 2023. The new branch located at Viralimalai, Pudukottai District, Tamilnadu.
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.