TMB Platinum Credit Card
A secure, deposit-linked credit card with zero annual fee and flexible spending benefits for confident daily use
Free issuance with zero annual fee
Contactless EMV chip for enhanced security
Credit limit backed by your Term Deposit
Up to 45 days interest-free credit
Overview
TMB Platinum Credit Card is designed exclusively for customers who maintain a Term Deposit of Rs.50,000 and above with TMB. Offering flexible credit limits, no joining or annual fees, and a validity of three years
Product Highlights
Experience the advantage of a credit card backed by your TMB Term Deposit. Enjoy flexible credit limits, up to 45 days of interest-free credit, and automatic eligibility without income documentation. The contactless EMV chip enhances safety, while Green PIN generation ensures seamless activation
Features and Benefits
The card offers a minimum credit limit of Rs.20,000 and up to 75% of the Term Deposit amount, with a maximum limit of Rs.5,00,000. Customers can withdraw cash up to 25% of the sanctioned limit, with a daily cap of Rs.25,000
Eligibility
TMB Platinum Credit Card is available to individuals holding a Term Deposit of Rs.50,000 or more with TMB for a minimum tenure of 3 years. The credit limit is directly linked to the value of the deposit, offering a secure and responsible credit facility
Features, charges and daily limits
A Premium RuPay Platinum Credit Card designed for high-value spenders & business owners
Key Features & Benefits
| Parameter | Details |
|---|---|
| Eligibility | Any Individual holding Term Deposit with TMB, Minimum Deposit Tenure: 3 Years, Minimum Deposit Amount: ₹50,000 & above |
| Card Type | RuPay Platinum Credit Card |
| Issuance Type | Secured Credit Card against Term Deposit |
| Minimum Card Limit | ₹20,000 |
| Maximum Card Limit | Up to ₹5,00,000 (Max 75% of Term Deposit value) |
| Free Credit Period | Up to 45 days |
| Card Validity | 3 Years |
| Add-on Cards | Free for spouse & children above 18 years |
| EMV Chip | Contactless EMV Chip Card (No extra charges) |
| PIN Type | GREEN PIN (Paperless PIN generation) |
Cash Advance Limits
| Parameter | Limit |
|---|---|
| Cash Advance Limit | 25% of sanctioned credit limit |
| Daily Cash Withdrawal Limit | ₹25,000 (subject to RBI norms, if applicable) |
Paperless PIN Facility
| PIN Generation Methods |
|---|
| Insert card at any TMB ATM using OTP |
| Generate PIN via Credit Card Customer Portal using Card Number, Expiry Date, DOB & OTP |
| PIN mailer not issued (eco-friendly digital PIN) |
Interest & Finance Charges
| Transaction Type | Charges Applicable |
|---|---|
| Cash Withdrawal Fee (TMB ATM) | 3% of amount (Min ₹30 per ₹1,000 or part) |
| Cash Withdrawal Fee (Other ATM) | 3% + additional bank charges (if any) |
| Finance Charges on Cash Withdrawal | 2% per month (24% p.a.) |
| Foreign Currency Conversion Markup | Up to 3.5% |
Other charges
| Billing Detail | Timeline |
|---|---|
| Charge Slip Retrieval | ₹100 + GST |
| Collection Charges (Outstation Cheque) | ₹100 + GST + bank charges |
| Duplicate Statement | ₹100 + GST (for statements older than 2 months) |
| Cheque Dishonour / Failed Payment | ₹150 + GST |
Repayment Options
| Mode | Details |
|---|---|
| Mobile Banking | Repayment via TMB M-Bank App |
| Internet / Net Banking | Pay before due date by debiting TMB operative account |
| Over-the-Counter | Pay credit card bill at any TMB branch |
| NEFT / RTGS | Account No: 16-digit Credit Card Number IFSC: TMBL0000900 Bank: Tamilnad Mercantile Bank Ltd Branch: ATM Cell, Chennai |
Frequently Asked Questions
Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account
