ties up with HDFC Bank
24 January 2005
The Tamilnadu Mercantile Bank (TMB) has entered into
a tie-up with HDFC Bank to offer TMB-h-DD and TMB-h-Collection
facilities, in all HDFC Bank locations.
to the TMB, the initiative will enable the bank to issue
cheques at par on HDFC locations and collection at par
of all outstation cheques drawn on any bank, at all
HDFC bank locations. The collection facility will enable
the bank to give quick credits to the customers who
give cheques for collection, within a week from date
of submission on 84 additional locations.
TMB has no branch to facilitate the customers' remittances,
drawing arrangements have been made for issue of cheques
at par on 84 HDFC locations.
of reports on HDFC Bank
of reports on Tamilnadu Mercantile Bank