Tamilnad Mercantile Bank Accounts Clerk Salaries by 6 Employees (Updated 2025)

3 - 10 years exp.

₹4.5 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

79% more than the average Accounts Clerk Salary in Banking Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Accounts Clerk Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Engineering - Hardware & Networks Accounts Clerk Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.6 L/yr
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Administration & Facilities Accounts Clerk Salary 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 16 Sep 2024

Companies similar to Tamilnad Mercantile Bank for Accounts Clerk

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Accounts Clerk Salary 0 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 19% less
City Union Bank Accounts Clerk Salary 3 - 7 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 28% less
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Bandhan Bank Accounts Clerk Salary Fresher (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 60% less
The Cosmos Co-operative Bank Accounts Clerk Salary 7 - 10 years exp. (5 salaries)	₹3 L/yr - ₹5.2 L/yr 28% less
Nkgsb CO-OP Bank Accounts Clerk Salary 0 - 8 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 41% less

Accounts Clerk salary at Tamilnad Mercantile Bank ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Accounts Clerk salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Tamilnad Mercantile Bank

Bank Clerk Salary

(21 salaries)

₹3 L/yr - ₹8 L/yr

Credit Analyst Salary

(6 salaries)

₹6 L/yr - ₹14 L/yr

Credit Officer Salary

(5 salaries)

₹7.5 L/yr - ₹10.5 L/yr

Clerk Cashier Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Cashier cum Clerk Salary

(3 salaries)

₹4.5 L/yr - ₹6 L/yr

Accountant Cashier Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Risk Officer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Manager Credit Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹25.9 L/yr

Banking Assistant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Finance Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Tamilnad Mercantile Bank

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

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...

Skill development - Bad

+5 more

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.

Salary - 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.

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.

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

Skill development - Bad

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Tamilnad Mercantile Bank Accounts Clerk Salary FAQs

What is the salary of Accounts Clerk at Tamilnad Mercantile Bank?

Accounts Clerk salary at Tamilnad Mercantile Bank in India ranges between ₹4.5 Lakhs to ₹7.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 79% more than the average Accounts Clerk Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Tamilnad Mercantile Bank India.

How does the salary of a Accounts Clerk at Tamilnad Mercantile Bank India compare with the average salary range for this job?

The average salary of a Accounts Clerk at Tamilnad Mercantile Bank is 79% more than the average salary of a Accounts Clerk in India. To know exact salary insights, login to view.

What is the salary of a Accounts Clerk in companies similar to Tamilnad Mercantile Bank in India?

South Indian Bank Accounts Clerk Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
The Cosmos Co-operative Bank Accounts Clerk Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
City Union Bank Accounts Clerk Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
Nkgsb CO-OP Bank Accounts Clerk Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
Bandhan Bank Accounts Clerk Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Accounts Clerk at Tamilnad Mercantile Bank in India?

The estimated take-home salary of a Accounts Clerk at Tamilnad Mercantile Bank ranges between ₹43,380 per month to ₹44,495 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Accounts Clerk salary in India which ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Accounts Clerk at Tamilnad Mercantile Bank?

According to AmbitionBox, 50% of the Tamilnad Mercantile Bank Accounts Clerks reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Accounts Clerk Salaries

Tamilnad Mercantile Bank Accounts Clerk salary in India ranges between ₹4.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.