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Tamilnad Mercantile Bank
2.8
based on 198 Reviews
Company Overview
Company Locations
Working at Tamilnad Mercantile Bank
Company Summary
Tamilnad Mercantile Bank focuses on delivering banking services to rural communities while supporting various economic sectors across India with its extensive branch network.
Overall Rating
2.8/5
based on 198 reviews
26% below
industry average
Critically rated for
Work-life balance, Company culture, Work satisfaction
Work Policy
Work from office
98% employees reported
Monday to Saturday
62% employees reported
Strict timing
80% employees reported
Within country
39% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
8 employees reported
Health insurance
4 employees reported
Office cab/shuttle
4 employees reported
Professional degree assistance
3 employees reported
View all benefits
About Tamilnad Mercantile Bank
Founded in1921 (104 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersChennai, Tamil Nadu, India
Office Locations
--
Websitetmb.in
Primary Industry
Other Industries
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The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was registered on May 11, 1921 as “The Nadar Bank Ltd”. The bank was having only 4 branches until the year 1947 at Tuticorin, Madurai, Sivakasi and Virudhunagar. The bank had also a branch at Colombo in the year 1937 and the same was closed in the year 1939. The Bank has now 567 full-fledged branches all over India. 12 Regional Offices, 13 Extension Counters, 2 Central Processing Centres, 1 Service Branch, 4 Currency Chests, 1161 Automated Teller Machines, 366 Cash Recycle Machines, and 124 e-lobbies. The bank has had a vision of extending banking service to common people of rural areas, hitherto neglected, with all humility. Tamilnad Mercantile Bank Ltd., concentrated its efforts to meet the genuine requirements of various sectors of the economy and advanced to the needy sectors of the society.
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Tamilnad Mercantile Bank Ratings
based on 198 reviews
Overall Rating
2.8/5
How AmbitionBox ratings work?
5
56
4
29
3
42
2
18
1
53
Category Ratings
3.4
Job security
3.2
Salary
2.7
Skill development
2.7
Promotions
2.4
Work satisfaction
2.3
Company culture
2.1
Work-life balance
Tamilnad Mercantile Bank is rated 2.8 out of 5 stars on AmbitionBox, based on 198 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Tamilnad Mercantile Bank
based on 193 reviews
3.8
Rated by 26 Women
Rated 4.0 for Job security and 3.9 for Skill development
2.7
Rated by 167 Men
Rated 3.3 for Job security and 3.1 for Salary
Work Policy at Tamilnad Mercantile Bank
based on 41 reviews in last 6 months
Work from office
98%
Hybrid
2%
Tamilnad Mercantile Bank Reviews
Top mentions in Tamilnad Mercantile Bank Reviews
+ 5 more
Compare Tamilnad Mercantile Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.8/5 based on 198 reviews | 3.6/5 based on 1k reviews | 3.2/5 based on 885 reviews | 3.4/5 based on 466 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Salary Job security |
Critically Rated for | Work-life balance Company culture Work satisfaction | Promotions Work satisfaction Work-life balance | Work-life balance Promotions Company culture | Company culture Promotions Work satisfaction |
Primary Work Policy | Work from office 98% employees reported | Work from office 95% employees reported | Work from office 91% employees reported | Work from office 93% employees reported |
Rating by Women Employees | 3.8 Good rated by 26 women | 3.4 Average rated by 156 women | 3.2 Average rated by 200 women | 3.2 Average rated by 115 women |
Rating by Men Employees | 2.7 Poor rated by 167 men | 3.6 Good rated by 838 men | 3.3 Average rated by 637 men | 3.5 Good rated by 312 men |
Job security | 3.4 Average | 3.5 Good | 3.6 Good | 3.9 Good |
View more
Tamilnad Mercantile Bank Salaries
Tamilnad Mercantile Bank salaries have received with an average score of 3.2 out of 5 by 198 employees.
Clerk
(69 salaries)
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₹2.4 L/yr - ₹10 L/yr
Bank Clerk
(21 salaries)
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₹3 L/yr - ₹8 L/yr
Branch Head
(14 salaries)
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₹7.1 L/yr - ₹15 L/yr
Branch Manager
(14 salaries)
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₹11.5 L/yr - ₹17.5 L/yr
Clerical Staff
(13 salaries)
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₹3.7 L/yr - ₹6.3 L/yr
Chief Manager
(7 salaries)
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₹12 L/yr - ₹17.5 L/yr
Credit Analyst
(6 salaries)
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₹6 L/yr - ₹14 L/yr
Data Entry Operator
(6 salaries)
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₹1.1 L/yr - ₹2 L/yr
Accounts Clerk
(6 salaries)
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₹4.5 L/yr - ₹7.5 L/yr
Probationary Clerk
(6 salaries)
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₹3.8 L/yr - ₹6.2 L/yr
Tamilnad Mercantile Bank Interview Questions
Interview questions by designation
Top Tamilnad Mercantile Bank interview questions and answers
Tamilnad Mercantile Bank Jobs
Popular Designations Tamilnad Mercantile Bank Hires for
Deputy Chief Finance Officer
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Deputy General Manager
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Specialist Officer
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Assistant General Manager
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General Manager - IT
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Cheif Financial Officer
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Popular Skills Tamilnad Mercantile Bank Hires for
Current Openings
Tamilnad Mercantile Bank Offices
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Tamilnad Mercantile Bank FAQs
When was Tamilnad Mercantile Bank founded?
Tamilnad Mercantile Bank was founded in 1921. The company has been operating for 104 years primarily in the Banking sector.
Where is the Tamilnad Mercantile Bank headquarters located?
Tamilnad Mercantile Bank is headquartered in Chennai, Tamil Nadu.
How many employees does Tamilnad Mercantile Bank have in India?
Tamilnad Mercantile Bank currently has more than 3,700+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Tamilnad Mercantile Bank based on the number of reviews submitted on AmbitionBox.
Does Tamilnad Mercantile Bank have good work-life balance?
Tamilnad Mercantile Bank has a work-life balance rating of 2.1 out of 5 based on 100+ employee reviews on AmbitionBox. 57% employees rated Tamilnad Mercantile Bank 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Tamilnad Mercantile Bank work-life balance reviews for more details
Is Tamilnad Mercantile Bank good for career growth?
Career growth at Tamilnad Mercantile Bank is rated as poor, with a promotions and appraisal rating of 2.7. 57% employees rated Tamilnad Mercantile Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Tamilnad Mercantile Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in Tamilnad Mercantile Bank?
Working at Tamilnad Mercantile Bank does have some drawbacks that potential employees should consider. The company is poorly rated for work life balance, company culture and work satisfaction, based on 100+ employee reviews on AmbitionBox.
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