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Tamilnad Mercantile Bank

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2.8

based on 196 Reviews

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Tamilnad Mercantile Bank Salaries in India (Updated 2025)

based on 692 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting IT & Information Security + 6 more
Designation Avg Annual Salary Open Jobs

Clerk

1 - 11 years exp. (69 salaries)
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₹2.4 L/yr - ₹10 L/yr

Bank Clerk

0 - 9 years exp. (21 salaries)
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₹3 L/yr - ₹8 L/yr

Branch Head

9 - 16 years exp. (14 salaries)
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₹7.1 L/yr - ₹15 L/yr

Branch Manager

10 - 12 years exp. (14 salaries)
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₹11.5 L/yr - ₹17.5 L/yr

Starting your career? Discover Tamilnad Mercantile Bank fresher salaries in India

Clerical Staff

0 - 7 years exp. (13 salaries)
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₹3.7 L/yr - ₹6.3 L/yr

Chief Manager

18 - 24 years exp. (7 salaries)
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₹12 L/yr - ₹17.5 L/yr

Credit Analyst

4 - 10 years exp. (6 salaries)
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₹6 L/yr - ₹14 L/yr

Accounts Clerk

3 - 10 years exp. (6 salaries)
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₹4.5 L/yr - ₹7.5 L/yr

Probationary Clerk

0 - 1 year exp. (6 salaries)
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₹3.8 L/yr - ₹6.2 L/yr

Credit Officer

5 - 14 years exp. (6 salaries)
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₹7.5 L/yr - ₹10.5 L/yr

Banking Officer

8 - 13 years exp. (6 salaries)
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₹6 L/yr - ₹12.5 L/yr

Clerk Staff

0 - 3 years exp. (6 salaries)
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₹4 L/yr - ₹6 L/yr

Customer Support Executive

2 - 7 years exp. (5 salaries)
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₹1.8 L/yr - ₹4.6 L/yr

Manager M1

10 - 11 years exp. (5 salaries)
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₹10 L/yr - ₹16.1 L/yr

LAW Officer

3 - 10 years exp. (5 salaries)
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₹7.2 L/yr - ₹11 L/yr

Deputy General Manager

31 years exp. (4 salaries)
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₹8 L/yr - ₹29 L/yr

Data Entry Operator

0 - 1 year exp. (4 salaries)
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₹1.1 L/yr - ₹2 L/yr

Cashier

0 - 10 years exp. (4 salaries)
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₹6 L/yr - ₹6.7 L/yr

Office Assistant

3 - 14 years exp. (4 salaries)
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₹2 L/yr - ₹9.3 L/yr

Banking Executive

1 - 8 years exp. (4 salaries)
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₹1.3 L/yr - ₹8 L/yr

Last Updated: 5 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Tamilnad Mercantile Bank

3.2

Rated by 196 employees for salary & benefits

Clerk in Bangalore / Bengaluru

Full Time

 · 

Food, Beverage & Hospitality Department

1.0
  •  posted on 16 Jul 2024
1.0
 for  Salary and Benefits

Likes

Nothing here to like. Dislikes only.

  • Job security - Good

Dislikes

...completely scam for new joining employees don't join here. 1)They are showing 6.2lpa CTC and giving only 30k/month salary. 2)You won't get increment till you become confirmed clerk. 3)you will not become confirmed clerk untill you clear JAIIB. And you won't get time for study so they are keeping everyone in probationary period only. 4) you have to stay in bank till 9:30 pm and you won't get over time allowance. 5) alternative Saturday is holiday but you have to go for marketing. 6)They will give you performance based incentive. But if you are leaving bank you have to pay back that amount along with 3 months salary. 7) no enough staffs ..each and every work you have to do. 8)My kind advice for everyone please don't join this bank.

read more
  • Salary - Bad
    • +5 more

Credit Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Jul 2024
5.0
 for  Salary and Benefits

Likes

For only salary to live...no work life balance...providing torture 24 *7

read more
  • Salary - Excellent

Dislikes

...d torture the staffs...employee should do the desk work and also do marketing...executives asking why should u receive salary after got all the work from us night 10.00 pm... Average work completion time is 10.00 p.m...openly send whatsapp message to work on leave days...

read more
  • Skill development - Bad
    • +5 more

Branch Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Jan 2024
4.0
 for  Salary and Benefits

Likes

Salary and perks

  • Salary - Good
    • +2 more

Dislikes

If you want to live upto 40 years , you can join here.. sometime it will be so surprise of you live upto that age... Pathetic work culture and worst management. Hell work condition always target.Community based bank so they prefer their people over others . To be Frank it's such a useless bank where one can lose their family life. if any one going to apply in this bank ready to sacrifice your life. Even after seeing this you want to work here means hats off to you.

read more
  • Skill development - Poor
    • +3 more

Assistant Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Sep 2023
4.0
 for  Salary and Benefits

Likes

Industry standard salary, job security

  • Salary - Good
    • +1 more

Dislikes

Very very long working hours, absolutely no work life balance. Favouritism, very old culture and very regressive mindset. Fresh bloods are dumped by grudgy, less knowledged seniors.

read more
  • Skill development - Poor
    • +3 more

Senior Manager in Madurai

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Aug 2023
5.0
 for  Salary and Benefits

Likes

Good package you will get.

  • Salary - Excellent
    • +2 more

Dislikes

No proper working culture. Always they believe leaving office late and coming during holidays to office is obedient to higher officials, they don't care you give business or not

read more
  • Skill development - Bad
    • +3 more
see more salary related reviews

Tamilnad Mercantile Bank interview questions by designations

Clerk (3)Assistant Manager (2)Executive Accountant (1)Computer Operator and Clerk (1)
View all 11 interview experiences
More about working at Tamilnad Mercantile Bank

Tamilnad Mercantile Bank Salary FAQs

How much does Tamilnad Mercantile Bank pay per year?
The average Tamilnad Mercantile Bank salary ranges from approximately ₹1.1 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹9.6 Lakhs to ₹19 Lakhs per year for a Senior Manager. Salary estimates are based on 692 Tamilnad Mercantile Bank salaries received from various employees of Tamilnad Mercantile Bank. Tamilnad Mercantile Bank employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Tamilnad Mercantile Bank?
The highest-paying job at Tamilnad Mercantile Bank is a Senior Manager with a salary of ₹9.6 Lakhs to ₹19 Lakhs per year. The top 10% of employees earn more than ₹14.98 lakhs per year. The top 1% earn more than a whopping ₹35 lakhs per year.
What is the minimum salary in Tamilnad Mercantile Bank?
Minimum salary at Tamilnad Mercantile Bank depends on the role you are applying for. For Bank Clerk the minimum salary is ₹3 Lakhs to ₹8 Lakhs per year, and for Clerical Staff the minimum salary is ₹3.7 Lakhs to ₹6.3 Lakhs per year and so on.
What is the salary package for freshers in Tamilnad Mercantile Bank?
The average salary at Tamilnad Mercantile Bank for freshers varies from ₹3 Lakhs to ₹7.6 Lakhs per year for Bank Clerk and ₹4 Lakhs to ₹6.2 Lakhs per year for Probationary Clerk.
What is the notice period at Tamilnad Mercantile Bank?
According to AmbitionBox, 61% of the Tamilnad Mercantile Bank employees reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 732 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Salaries by Location

Average annual salary in Tamilnad Mercantile Bank is INRunlock blur . Salary estimates are based on 692 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

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