Tamilnad Mercantile Bank Limited Account Types

Tamilnad Mercantile Bank Limited (TMB) offers a 3-in-1 account that combines banking, demat, and trading services into a single platform. This account provides a seamless trading experience powered by Religare Broking, featuring competitive brokerage prices, relationship manager assistance, and zero account opening fees. The account allows access to a wide variety of online trading and investment products, including:

• Stocks
• Derivatives
• Commodities
• Currency
• IPOs
• ETFs
• NCDs
• Global Investing
• Health Insurance
• Life Insurance
• Mutual Funds
• Debt/Fixed Income
• NPS (National Pension System)

Additionally, customers can benefit from quality research, in-depth trading tips, investment ideas, and intraday trading recommendations.

Tamilnad Mercantile Bank Limited Broker Account Opening Process

To open a trading account with TMB, follow these steps:

• Fill Up Personal Details: Complete the account opening form with your personal details.
• Provide Correct Details: Ensure that all details provided to the representative are accurate.
• Sign the Form: Sign the form and submit supporting documents.

Required Documentation:

• Proof of Identity: PAN card, Aadhaar card, passport, voter ID, or driver's license.
• Proof of Address: Aadhaar card, passport, voter ID, or driver's license.
• Bank Proof: Cancelled cheque, copy of bank passbook, or copy of bank statement.
• Income Proof: Copy of ITR, account statement for the last 3 months, salary slips, or copy of bank statement for the last 3 months.

Online Account Opening Steps:

• Authenticate your mobile number and email ID with a one-time verification code.
• Enter your Aadhaar linked PAN number and date of birth.
• Fetch proof of identity and address from Digilocker or upload manually.
• Share the IFSC code and account number of your active bank account.
• Select the trading segments you wish to participate in.
• Provide details of your valid demat account.
• Capture a selfie and upload required documents.
• Complete the e-signing of your online KYC form to submit your trading account opening request.

For more detailed information, visit Religare Online.