Tamilnad Mercantile Bank Assistant General Manager Salaries by 4 Employees (Updated 2024)

25 - 27 years exp.

₹15 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Assistant General Manager Salary in Banking Companies for 25 - 27 years of experience

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Salaries in different departments

Sales & Business Development Assistant General Manager Salary 26 - 27 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹18 L/yr
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BFSI, Investments & Trading Assistant General Manager Salary 27 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 10 Mar 2023

Companies similar to Tamilnad Mercantile Bank for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Assistant General Manager Salary 12 - 32 years exp. (18 salaries)	₹24 L/yr - ₹37 L/yr 65% more
South Indian Bank Assistant General Manager Salary 13 - 15 years exp. (6 salaries)	₹18 L/yr - ₹38 L/yr 69% more
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City Union Bank Assistant General Manager Salary 22 - 29 years exp. (12 salaries)	₹22 L/yr - ₹30 L/yr 49% more	1 job opening
Federal Bank Assistant General Manager Salary 24 - 30 years exp. (4 salaries)	₹14 L/yr - ₹30 L/yr 48% more
Karnataka Bank Assistant General Manager Salary 26 - 28 years exp. (6 salaries)	₹25 L/yr - ₹30 L/yr 46% more
Yes Bank Assistant General Manager Salary 3 - 30 years exp. (4 salaries)	₹16 L/yr - ₹30 L/yr 22% more
Paytm Payments Bank Assistant General Manager Salary 11 - 18 years exp. (31 salaries)	₹20 L/yr - ₹37 L/yr 67% more
The Saraswat Co-operative Bank Assistant General Manager Salary 16 - 21 years exp. (14 salaries)	₹22 L/yr - ₹30 L/yr 47% more
SVC Co-Operative Bank Assistant General Manager Salary 14 - 26 years exp. (10 salaries)	₹30 L/yr - ₹41 L/yr 99% more
CSB Bank Assistant General Manager Salary 3 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹8.7 L/yr 57% less
Punjab & Sind Bank Assistant General Manager Salary 10 - 16 years exp. (4 salaries)	₹24 L/yr - ₹35 L/yr 61% more
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DBS Bank Assistant General Manager Salary 20 - 30 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr 2% less
The Cosmos Co-operative Bank Assistant General Manager Salary 16 - 23 years exp. (4 salaries)	₹15 L/yr - ₹24 L/yr 13% more

Assistant General Manager salary at Tamilnad Mercantile Bank ranges between ₹15 Lakhs to ₹20 Lakhs per year for employees with experience between 25 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Assistant General Manager salaries

Last Updated: 10 Mar 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹15 L/yr - ₹20 L/yr
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Similar Designation salaries in Tamilnad Mercantile Bank

Area Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Branch Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Top skills at Tamilnad Mercantile Bank for Assistant General Manager

Company Law Corporate Law Legal Secretarial Activities Regulatory Compliance NBFC Company Secretarial Key Management Banking Company Secretarial Functions

Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 2 employees for salary & benefits

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

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.

Clerk in Coimbatore

Full Time

Finance & Accounting Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

...ke here... Don't waste your time for looking a job from here.... It's an hell... They won't gave a 30k salary as without pressure... And targets... This is working place is not suitable for long life survival... To be very frankly...

Dislikes

All these things.... The co worker also have useless attitude... Always being with very pressurized environment... You are required to work a multiple works... And Here there is no way for work life balance... You'll be sacrifice your dreams as well as everything... If possible please don't think about bank job.

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.

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.

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

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...

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

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.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tamilnad Mercantile Bank Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Tamilnad Mercantile Bank?

Assistant General Manager salary at Tamilnad Mercantile Bank in India ranges between ₹15.0 Lakhs to ₹20.0 Lakhs for experience between 25 years to 27 years. According to our estimates it is 27% less than the average Assistant General Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank India.

How does the salary of a Assistant General Manager at Tamilnad Mercantile Bank India compare with the average salary range for this job?

The average salary of a Assistant General Manager at Tamilnad Mercantile Bank is 27% less than the average salary of a Assistant General Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant General Manager at Tamilnad Mercantile Bank?

Company Law, Corporate Law, Legal, Secretarial Activities and Regulatory Compliance are some of the popular skills required to work as a Assistant General Manager at Tamilnad Mercantile Bank India.

Which similar companies are paying more than Tamilnad Mercantile Bank to a Assistant General Manager in India?

SVC Co-Operative Bank Assistant General Manager Salary - ₹30.0 Lakhs to ₹41.0 Lakhs per year
South Indian Bank Assistant General Manager Salary - ₹18.0 Lakhs to ₹38.0 Lakhs per year
Paytm Payments Bank Assistant General Manager Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year
Karur Vysya Bank Assistant General Manager Salary - ₹24.0 Lakhs to ₹37.0 Lakhs per year
Punjab & Sind Bank Assistant General Manager Salary - ₹24.0 Lakhs to ₹35.0 Lakhs per year

What is the salary of a Assistant General Manager in companies similar to Tamilnad Mercantile Bank in India?

City Union Bank Assistant General Manager Salary - ₹22.0 Lakhs to ₹30.0 Lakhs per year
Federal Bank Assistant General Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
The Saraswat Co-operative Bank Assistant General Manager Salary - ₹22.0 Lakhs to ₹30.0 Lakhs per year
Karnataka Bank Assistant General Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Yes Bank Assistant General Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year

What is the estimated take home salary of a Assistant General Manager at Tamilnad Mercantile Bank in India?

The estimated take-home salary of a Assistant General Manager at Tamilnad Mercantile Bank ranges between ₹1,18,430 per month to ₹1,21,746 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Assistant General Manager salary in India which ranges between ₹15.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 25 years to 27 years. Check how did we calculate take home salary?

What is the notice period for Assistant General Manager at Tamilnad Mercantile Bank?

According to AmbitionBox, 100% of the Tamilnad Mercantile Bank Assistant General Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Assistant General Manager Salaries

Tamilnad Mercantile Bank Assistant General Manager salary in India ranges between ₹15 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.