What is the minimum balance in TMB savings account?
Given below are the minimum balance requirements for Tamilnad Mercantile Bank Savings Accounts.
The interest rate on Tamilnad Mercantile Bank savings bank account is 4% p.a.
Which bank is best for savings account?
Best Zero Balance Savings Account 2022
TMB India Card Credit Card Fees and Charges
Which bank has 1000 minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2022
A minimum opening deposit is a certain amount of money—usually $25 to $100—that a bank or credit union requires you to deposit to open a checking or savings account. Some financial institutions do not require a minimum opening deposit.24-Nov-2021
What is the interest of 1 lakh in TMB bank?
Tamilnad Mercantile Bank FD Returns Based on Investment Amount
Here are the best online savings account interest rates
Which bank gives highest savings interest?
Best Savings Account Interest Rates for Deposits above Rs. 1 Crore
1. HDFC Bank
Which bank has lowest minimum balance?
IndusInd Bank - Indus Online Savings Account Any Indian citizen above the age of 18 years is eligible to open this savings account with no minimum balance. Transfer funds for free via NEFT, IMPS, and RTGS. Avail of WhatsApp banking services and a free passbook, chequebook, and debit card.
Technology Initiatives. Tamilnad Mercantile Bank was the first private sector bank in India to introduce computerisation for branch-level operations.
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
Here's a rundown of seven of the most common fees banks charge—and tips to avoid them.
Which bank account is cheapest?
Top Savings Bank Accounts of 2022
Kotak 811 Zero Balance Account (Kotak Mahindra Bank-811 Digital Bank Account): Kotak 811 is a zero balance savings account that has zero charges and maintenance fees. Upon opening the account, users will instantly get a virtual debit card which can be used for online purchases and other online transactions.18-Oct-2022
Can I have two accounts in same bank?
While there's no limit to how many Savings Accounts you can have, there are a few things to consider before signing up for more than one.
Where you live can play a role in what you'll pay in ATM fees. Atlanta has the highest average fee, $5.38, which is up from $5.23 in 2021.Highest ATM fees by metro area.
What is 500 minimum daily balance?
For example: Tracy has a checking account with a “$500 minimum daily balance.” One day she makes purchases that drop her balance down to $200 but then deposits a $400 paycheck before the end of the day. The bank won't charge her the service fee because her final balance that day is $600.
Typical savings accounts come with a monthly maintenance fee and an excessive withdrawal fee; both can be avoided if you meet certain conditions in using your account. Incidental fees, which are charged for specific services, often hide in the fine print of fee schedules, which not all banks make readily available.30-Sept-2022
Which bank gives 7% interest monthly?
Equitas Small Finance Banks offers interest rates between 3.50% and 7% on various amounts. The interest rates with the Equitas Small Finance Bank are provided below, effective as of November 9, 2022. Jana Small Finance Bank offers interest rates between 4.50% to 7% on various amounts.22-Nov-2022
What is the minimum balance in TMB savings account?