What is the minimum balance in TMB bank?

Given below are the minimum balance requirements for Tamilnad Mercantile Bank Savings Accounts.

What are the documents required to open TMB bank account?

Documents Required for a Savings Account in TMB Aadhaar card, PAN card, voter ID, passport, driving licence etc. Aadhaar card, electricity bill, telephone bill, etc.28-Jun-2022

Is TMB a government bank?

Technology Initiatives. Tamilnad Mercantile Bank was the first private sector bank in India to introduce computerisation for branch-level operations.

Can I open bank account in 500 RS?

The Bank of Baroda online account opening minimum balance can be Rs 500 or Rs 1000. The Bank of Baroda zero balance account comes with an interest rate of 2.75% to 3%. The Bank of Baroda account opening comes with the benefits of unlimited chequebook facility and free debit card.

What is annual fees in TMB bank?

TMB India Card Credit Card Fees and Charges

Which bank has zero minimum balance?

Special Feature. Kotak Mahindra Bank has introduced three kinds of zero balance accounts out of which Kotak 811 Full KYC account is the most useful as it provides a cheque book and a debit card (if required by paying INR 199) and a free digital debit card. Facility of NEFT, IMPS, RTGS available without any charge.15-Nov-2022

What is the minimum amount to open an account?

If you do, opening an account at a bank or credit union is straightforward. The interest they pay for savings accounts You usually need to make an initial deposit between $25 and $100 to open a savings or checking account.

What are 3 requirements for opening a bank account?

Checking account: A checking account can be opened individually or jointly, and you'll need your basic information, Social Security number, driver's license, and a minimum opening deposit amount. Most checking accounts come with checks, some don't - choose which you'll need.

How many rupees are required to open a bank account?

While some banks ask for a minimum of Rs. 1,000 as the balance criteria; others ask for Rs. 10,000 as the minimum balance required. Moreover, some banks offer zero-balance accounts too.

Which is the No 1 bank in India?

1. HDFC Bank

How many transactions are free in TMB Bank?

For transactions beyond five number of transaction, banks charge maximum of Rs 20/- per transaction. For other (Current/ Overdraft) account holders banks charge all ATM Cash withdrawals subject to a maximum of Rs 20/- per transaction.

How good is Tamilnad Mercantile Bank?

Tamilnad Mercantile Bank is rated 3.3 out of 5, based on 83 reviews by employees on AmbitionBox. Tamilnad Mercantile Bank is known for Job Security which is rated at the top and given a rating of 3.8. However, Work-Life balance is rated the lowest at 2.6 and can be improved.

Can I open 0 balance account?

Can we open a zero balance savings account? Yes, anybody can open a Bank of Baroda zero balance account.

Which bank account is cheapest?

Top Savings Bank Accounts of 2022

State Bank of India (SBI) Savings Account. 2.70% p.a.
HDFC Bank Savings Account. 3.50% p.a.
Kotak Mahindra Bank Savings Account. 3.50% p.a.
DCB Bank Savings Account. 6.50% p.a.
RBL Bank Savings Account. 6.00% p.a.
IndusInd Bank Savings Account. 5.00% p.a.
ICICI Savings Bank Account. 3.50% p.a.

Which bank open Fastest account?

RBL Bank's Digital Savings Account is the fastest, convenient and secured way of account opening online. All you need is your Aadhaar No. and PAN No. to open Savings Account and Savings + Fixed Deposit Account. The RBL Rise Savings Account gives you the power to rise above by achieving the best banking solutions.

What are 3 common bank fees?

Here's a rundown of seven of the most common fees banks charge—and tips to avoid them.

Account maintenance and minimum balance. Many banks charge fees for maintaining checking or savings accounts.
ATM.
Overdraft.
Insufficient funds.
Excess transactions.
Wire transfer.
Account closing.

Can I withdraw 5 lakhs from TMB bank?

Cash Remittance Limit 5 lakhs per day subject to a maximum of Rs. 10 lakhs per month for SB a/c with Previous Monthly Average Balance (MAB) Rs. 25000/- and above thereafter Rs. 3 + GST per Rs.01-Oct-2020

What is a monthly account fee?

A monthly maintenance fee is a fee charged by a financial institution to a customer for utilizing a checking or savings account if certain requirements aren't met. This fee is typically withdrawn from your account each month automatically.26-May-2022

Which bank is best for savings?

The best savings accounts 2022

AMP Saver Account.
Westpac Life 18-29.
Bank of Queensland Future Saver Account 14 to 35 years.
ING Savings Maximiser.
Up - Saver Account.
Ubank - Save Account.
Bank of Queensland Smart Saver Account.

Which bank is good for savings account?

State Bank of India (SBI) is the largest bank of India that provides a wide range of banking products to the customers. SBI Savings Account is one of the popular products in which individuals can deposit their money safely. When it comes to interest rates, the SBI Savings Account provides 2.70% per annum.