Tamilnad Mercantile Bank Senior Citizens FD Interest Rates
Tamilnad Mercantile Bank offering attractive fixed deposit interest rates for its senior citizens customer at 8.50% p.a. for 1 year tenure. Many small finance banks giving highest fixed deposit interest rates for its senior citizen customers one of them is Tamilnad Mercantile Bank . Senior Citizens can take advantage to quickly double their money with good interest rates. The current interest rates available from different banks range between 7.60% and 9.25% per annum.
Find revised FD interest rates of Tamilnad Mercantile Bank Limited for senior citizens. Every bank gives higher fixed deposit interest rates for every senior citizens in India. There are different saving schemes offered by banks to Senior Citizens.
These schemes may carry higher rates of interest. There are also special schemes devised to help people reach their goals. Your interest rates also depend on the type of account you hold. A regular savings account will generally earn a higher rate of interest than an NRE/NRO account.