Tamilnad Mercantile Bank Credit Card Apply Online

TMB expanded as TamilNad Mercantile Bank offers two types of credit cards which is designed to meet customer needs. TMB provides one credit card that offers loan on an overdraft facility, while the other card is used for cashless transactions like other credit cards. Need a credit card to help you repay your loans? TMB credit cards are here. Read on to know more about TMB credit cards. https://www.fresherslive.com/credit-card/tamilnad-mercantile-bank-credit-card

Last modified:2019-10-15


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Types of TMB (TamilNad Mercantile Bank) Credit Cards

The Tamilnad Mercantile Bank has two types of credit cards in its retail which is made available to its customers. One card offers loan on an overdraft facility, while the other card is used for cashless transactions like any other credit card. The two types of TMB credit cards are:

  1. Tamilnad Mercantile General credit card and

  2. Tamilnad Mercantile India credit card

Let us have a look at the detailed study of these credit cards.

Features and Benefits of TamilNad Mercantile Bank (TMB) Credit Cards

The following are the advantages that come with TamilNad Mercantile Bank credit cards which makes it one of the popular choices for credit cards in the market.

  • Generous credit limit: Cardholders can greater flexibility with TMB credit cards which come with a high credit limit.
  • Attractive Interest Rates: You can get affordable interest rates for credit purchases. You are entitled to a higher purchase power with credit interest rates varying from 17% to 19%.
  • Affordable and Transparent: Fees and charges are affordable and cardholders can avail a TMB credit card with no second thoughts.
  • Robust Customer Support: In case of any queries or issues, you can get in touch with TamilNad Mercantile Bank on their helpline number to get all your questions cleared
  • Enhanced Payment Security: The 3D Secure authentication technology will help you make every transaction with more confidence as it helps prevent unauthorized credit card usage.
  • Incentives for prompt payers: An incentive of 2% is offered to customers who make interest payments on time and repay the credit loan in less than 6 months’ time.
  • No Collateral Required: Cardholders do not require collateral security to avail TMB overdraft facility and TMB general credit card loan. So this is the best choice if you are in need of an instant loan.
  • For Customers in Semi-urban and rural area: TMB has designed to offer maximum benefits for TMB customers in semi-urban and rural areas. TMB credit cards offer ease of use and other privileges that will delight the cardholder.
  • Easy Documentation: The documentation process for both the credit cards of TamilNad Mercantile Bank is very simple and the processing charges are very nominal.
  • Repayment Tenure: TMB credit card holders can repay the loan within 12 months from the date of purchase. Incentives are also offered by TMB for cardholders who make timely interest payments and close the loan before 6 months from the date of purchase.

Eligibility Criteria and Documentation Requirements for TamilNad Mercantile Bank (TMB)

Eligibility Criteria for availing Tamilnad Mercantile Bank credit cards is mentioned below:

TamilNad Mercantile General Credit Card

  1. The applicant should have good monthly income as required by the bank policies along with easy cash flow.
  2. The applicant of this card should be residing in the semi-urban or the rural areas.
  3. The Tamilnad Mercantile Bank general credit card will be offered only to one person in a household.

Tamilnad Mercantile Bank India Credit Card

  1. Tamilnad Mercantile Bank offers this credit card only to the ones with good CIBIL score i.e he is not listed as a defaulter from any other bank and is maintaining a healthy credit relationship with the banks.
  2. The earning capacity of the individual must be as per the bank's requirements and should have an easy cash flow.

Documents Required for TMB Credit Cards

The following are the documents required for the application of the credit card. It is mainly based on employment and income source of the applicant.

  • The duly filled and signed application form
  • The recent passport-size color photograph of the applicant.
  • The residence proof like Ration card, Aadhaar card, Telephone bill
  • Income proof such as bank statement for the past 3 months, IT returns or Form 16 whichever is applicable. For self-employed individuals the proof of the existence of business along with the proof of continuity has to be submitted.

Fees and Charges of TMB Credit Cards

The fees and charges to be paid on the card are divided into three categories. The first category is where the card is taken for personal use, another category is where the card is taken for corporate use and the third category is where an additional add-on card can be availed. Mentioned below are the details of the fees and charges:

Description Amount (in Rupees)
One-time Joining Fee or Admission Fee
Joining Fee for Personal Card 150
Joining Fee for Corporate Card 150
Joining Fee for Add-on Card 150
Yearly Membership Fee or Annual Fee
Personal Card 250
Corporate Card 150
Add-on Card 150
Annual Renewal Fee
Renewal of Personal Card 250
Renewal of Corporate Card 250
Renewal of Add-on Card 250
Replacement or Regeneration Fee
Personal Card Replacement 200
Corporate Card Replacement 200
Add-on Card Replacement 200
For Photo Card 50 extra
Hot Listing Charges for a card which is lost, stolen or deactivated 200
Cash withdrawal commission for cash withdrawal facility or cheque encashment facility 2.50% with a minimum amount of Rs.20
The rate of interest on Temporary Overdraft 17.50% per annum

Additionally, service tax will be as applicable at the time of levying the charge which would also have to be paid.

How to Apply for Tamilnad Mercantile Bank (TMB) Credit Card?

The Tamilnad Mercantile Bank has two types of credit cards in its retail kitty which is made available to its customers. While one card offers loan on an overdraft facility, the other card is used for cashless transactions like any other credit card in its genre. The following are the steps to apply for Credit Crad,

  • Step 1: You can visit the ‘Credit Cards’ page of the Tamilnad Mercantile Bank official website
  • Step 2: Enter your personal and contact details
  • Step 3: After the verification, a representative from the bank will get in touch with and ask guide you through the process
  • Step 4: You may have to submit KYC documents and income proof to get a Tamilnad Mercantile Bank credit card
  • Step 5: You can also visit the nearby Tamilnad Mercantile Bank branch to apply for a credit card

Tamilnad Mercantile Bank (TMB) Credit Card Status

The application status of TMB credit card can be checked by contacting the customer care team by dialing the toll-free number. Currently, the Tamilnad Mercantile Bank website does not offer an online facility to check the status of your credit card. So you will have to call the customer care in order to get information about your credit card application status.

Once you submit all the details you will receive the status of your TMB credit card application. Most of the time, the statuses will be like, ‘in process, dispatched, disapproved, on hold or no records found’. Based on the status you can take your call.

If the status is ‘In process’, then the bank is still reviewing your application and it will take a few more days to ship your credit card.

If the status is ‘Dispatched’, you would have received a message by then with the Airmail number of the booked shipment carrying your credit card. If you haven’t received any message, then you will probably receive it within the next 1 or 2 days. If it gets delayed, you can feel free to call the TMB customer care.

If your application is on hold, the bank may contact you via SMS or email asking you for some missing or additional details or about any other issue with your application. Once the issues are resolved, they will resume the card processing.

Tamilnad Mercantile Bank (TMB) Credit Card Bill Payment

TMB offers two methods to pay the credit card bills offline.

  1. By mailing a cheque or draft

  2. Through the National Automated Clearing House (NACH) facility

Let’s have a look at the two methods in detail.

TMB credit card payment through cheque/draft: TMB credit cardholders can write a cheque or draft in favor of “TMB Card Number XXXX XXXX XXXX XXXX”. That cheque should be sent to the mailing address mentioned on the reverse side of the TMB credit card statement.

Through NACH: The other method is the NACH facility, which saves the effort of issuing cheque every month towards the payment of the TMB credit card bill. Through this facility, cardholders can authorize TMB to deduct the amount, either total amount due or minimum amount due, directly from the savings or current bank account of another bank every month. The deducted amount will be credited to the credit card amount on the same date of payment due.

To avail the NACH facility, TMB cardholders need to fill the NACH form in which they will find an option to choose one of three payment options which include the minimum amount due, total amount due or fixed amount. The fully filled form should be sent to TMB credit cards division to activate the same.

TamilNad Mercantile Bank (TMB) Credit Card Netbanking:

TamilNad Mercantile Bank has found a new technology and brought efficient netbanking facility for its customers. You can transfer the fund through NEFT, RTGS, IMPS or UPI instead of writing cheques. Bill payments for electricity, gas, phone is also a click away. You can also give standing instructions to pay your utility bills every month. Demand drafts can be ordered through netbanking. Below mentioned are the details of Tamilnad Mercantile Bank netbanking facility.

How to Register for TMB credit card netbanking

  • Step 1: You will have to approach your Tamilnad Mercantile Bank branch with your bank details and registered mobile number.
  • Step 2: Fill up the details in the net banking form. Make sure you mention your mobile number accurately, as the same will be considered as “Registered Mobile Number” for future transactions.
  • Step 3: You can submit the filled in form at the branch. The bank will activate your registration shortly.
  • Step 4: Once the activation is done, you can visit the login page of TamilNad Mercantile Bank Netbanking
  • Step 5: Now click on “Register for New User”
  • Step 6: Read the terms and conditions and accept it by clicking on the “Agree” button.
  • Step 7: Enter the bank account number, your date of birth, PAN number and verification code and click on the “Continue” button.
  • Step 8: Enter the OTP (One Time Password) generated on your registered mobile number to activate your netbanking account.

How to Reset Password of TMB credit card netbanking

You can reset your password online or offline if in case you forget Tamilnad Mercantile Bank net banking password.

Reset Password Online

  • Visit the login page of Tamilnad Mercantile Bank netbanking
  • Click on “Forgot Password”
  • Now enter your account number
  • Answer the secret questions had already set
  • The process will be self-guided to create your new password.

Reset Password Offline

  • Visit the login page of Tamilnad Mercantile Bank net banking.
  • Click on “Forgot Password” and then select the option “Set Offline.”
  • Enter your user ID, bank account number, email ID and mobile number in the required field.
  • Click on the “Continue” button and submit your request to reset the password to your branch.

Features and Benefits of TMB credit card netbanking account

Tamilnad Mercantile Bank Net Banking Features Description
Dashboard
  • Default dashboard shows available balance in every account you hold with Tamilnad Mercantile Bank.
  • Access to “Quick Pay Widget” for your payment and fund transfer needs easily.
  • Personalize your dashboard as per your need and favorite transactions.
Fund Transfer
  • Fund Transfer within TMB accounts
  • Fund Transfer in self-accounts
  • Fund Transfer in other banks’ Accounts
  • Quick Transfer with the “Favourites” tab.
  • IMPS Fund Transfer
Recharge
  • DTH Recharge
  • Prepaid mobile recharge
  • Datacard recharge
Fixed Deposit
  • Open new Fixed Deposit
  • Open Recurring Fixed Deposit
  • Navrathnamala Deposit
  • Special 20-20 Deposit
  • Special 555 Deposit
  • Muthukuviyal Deposit
Requests
  • Hotlist your lost card
  • Request a new cheque book
  • Request a new debit card
  • Regenerate debit card PIN
  • Regenerate internet banking login password and transaction password
Contact
  • Locate nearby TMB branches, ATMs and e-Lobby centers
  • Contact customer care center
  • Feedback option to provide the grievances and suggestions
 

TamilNad Mercantile Bank (TMB) Credit Card Customer Care Services:

It has a 24 hours national toll-free number to resolve all your issues related to a credit card which is as follows:

180 0425 0426

You can contact TMB card division at +91 (44) 2622 3106 / 2622 3109 in the case of the lost card. This number will be available from 10 am to 6 pm – Monday to Saturday

You can also send an SMS or call at +91 9842 461 461. This facility will be available from 10 am to 5.30 pm.

NRI

Non-Resident Indians can write to the bank at nricell@tmbank.in for any queries, issues or banking services

Head office of TMB

One can send in queries and complaints to the following address and contact details:

Tamilnad Mercantile Bank Limited
57, V.E. Road,
Tuticorin,
Tamil Nadu, India.
Zip: 628 002.
Phone: +91 (461) 232 1382 / 232 1929 / 232 1932.
Email: bd@tmbank.in, ttn_tmbankhi@sancharnet.in

Nodal officers

If the customer care center is unable to solve your issues, you can feel free to contact the nodal officers of the TMB bank. Mentioned below are their email IDs:
 

Name Region Email ID
Shri P. Ravichandran Hyderabad hyderabad_region@tmbank.in
Shri J. Chidambara Kani Mumbai mumbai_region@tmbank.in
Shri P. Suriaraj Chennai chennai_region@tmbank.in
Shri N. Surendran Tirunelveli tirunelveli_region@tmbank.in
Shri D. Inbamani Madurai madurai_region@tmbank.in
Shri N. Narendran Coimbatore coimbatore_region@tmbank.in
Shri M. Ramanathan Thoothukudi thoothukudi_region@tmbank.in
Shri P. Suresh Kumar Bengaluru bangalore_region@tmbank.in
Shri G.R. Kasirajan Tiruchirapalli trichy_region@tmbank.in
Shri G. Chandra Thiruvananthapuram thiruvananthapuram_region@tmbank.in
Shri P. Subramanian Salem salem_region@tmbank.in
Shri J. Sundaresh Kumar Ahmedabad ahmedabad_region@tmbank.in

Grievance Redressal

To escalate the issue in case you are not satisfied with the solution:

1. M. Gunasekaran (General Manager: Business Development, Planning, Customer Service, Risk Management, Accounts, and Secretarial Section.)

Tamilnad Mercantile Bank Limited
#57, V.E. Road,
Tuticorin,
Tamil Nadu,
India.
Zip: 628 002
Phone: +91 (461) 232 1130.

2. S. Kandavelu (General Manager: Human Resource Development, Integrated Treasury, International Banking Division, DP Cell, RTGS Cell, Establishment Department and Inspection.)

Tamilnad Mercantile Bank Limited
#57, V.E. Road,
Tuticorin,
Tamil Nadu,
India.
Zip: 628 002
Phone: +91 (461) 232 0360.

3. M. Avadai Nayagam (General Manager: Information Technology and Vigilance.)

Tamilnad Mercantile Bank Limited
Plot #4923, AC/16, 2nd Avenue,
Third Floor,
Anna Nagar (West),
Chennai 600 040
Ph.: +91 (44) 2619 2325

4. R. Ravindran (General Manager: Credit, Recovery, Credit Audit & Monitoring, KYC / AML Cell, MIS and Legal Cell.)

Tamilnad Mercantile Bank Limited
#57, V.E. Road,
Tuticorin,
Tamil Nadu,
India.
Zip: 628 002
Phone: +91 (461) 232 5411


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