Way
back in January 2012, Tamilnad
Mercantile Bank had gone live on IMPS, with a public launch.
On
17/08/2012, in another customer-friendly initiative, Tamilnad Mercantile Bank
has launched another IMPS sub-product i.e IMPS using Account No and IFS Code.
With
this feature, now TMB customers can receive funds via IMPS without the sender
not knowing the MMID also.
Mr A.K. Jagannathan, Ex-Managing
Director had a vision to change the Bank Logo. The new ‘logo’, was unveiled on
May 3 2012, at the Banks AGM. Mr A.K. Jagannathan stepped down
office on May 5 2012.
Tamilnad Mercantile Bank is part
of the old generation private sector Bank network with its Headquarters in Tuticorin, Tamilnadu.
One
more step in Safe ePayments. Cheers TMB.