Tamil Nadu Mercantile Bank Ltd today launched a new saving scheme exclusively for minors in the age group of between 10 to 18 years in the city.
Minors in these age group now will be allowed to open and operate Savings Bank accounts independently, G Martin Chezhian, Regional Manager, Coimbatore Regional Office, here said in a release.
The new product "TMB Little Super Star Savings Deposit" scheme, will be an instant hit among target segments in view of existence of several attractive products, Martin said and explained the details and benefits of the new product.