Financial Daily from THE HINDU group of publications
Thursday, Mar 16, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Money & Banking - Fixed Deposits


TMB scheme for senior citizens

Our Correspondent

Madurai, March 15

Tamilnad Mercantile Bank Ltd (TMB) has introduced a deposit scheme - `Santhosh Deposit' - exclusively for senior citizens.

The scheme serves both as a savings bank account and term deposit account. Also, the account has zero-balance facility. Deposits can be made for a minimum of 15 days and a maximum of five years. The bank offers 8 per cent interest rate under the scheme. Customers can deposit/withdraw money from any branch or any ATM of the bank all over the country free of cost.

More Stories on : Fixed Deposits | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Finacle plans meet in Goa


`Mediclaim disputes on the rise'
Tata AIG in pact with ATE group
ICRA's new norms for bank hybrids
World bank loan for Karnataka
Corpn Bank to vend Pru ICICI products
Hardening rates to raise interest costs of States
TMB scheme for senior citizens
`Economy will witness fractional slowdown'
J. Rambabu made APSFC Chairman



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line