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Tamilnad Mercantile Bank Assistant Manager salaries in Chennai

Annual salary range
6 - 13 years exp.
₹7 Lakhs - ₹14 Lakhs
Salary of majority employees
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34% more than the average Assistant Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
6 - 13 years exp. (17 salaries)
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₹7 L/yr - ₹14 L/yr

Finance & Accounting
Assistant Manager Salary
8 - 12 years exp. (8 salaries)
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₹8 L/yr - ₹12.6 L/yr

IT & Information Security
Assistant Manager Salary
6 - 13 years exp. (8 salaries)
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₹8.9 L/yr - ₹13 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
8 - 13 years exp. (7 salaries)
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₹8 L/yr - ₹11.4 L/yr

Last Updated: 20 Dec 2024

Companies similar to Tamilnad Mercantile Bank for Assistant Manager in Chennai

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Tamilnad Mercantile Bank Assistant Manager Salary

6 - 13 years exp. (54 salaries)

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₹7 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 66% less
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (674 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 64% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (1k salaries)

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₹1.8 L/yr - ₹5.9 L/yr

arrow icon 64% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (628 salaries)

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₹1.3 L/yr - ₹4.7 L/yr

arrow icon 69% less
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (512 salaries)

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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 59% less
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (214 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 65% less
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Federal Bank Assistant Manager Salary

1 - 8 years exp. (54 salaries)

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₹5.6 L/yr - ₹15 L/yr

arrow icon 14% more
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IDFC FIRST Bank Assistant Manager Salary

1 - 10 years exp. (94 salaries)

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₹2.9 L/yr - ₹6.2 L/yr

arrow icon 56% less
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RBL Bank Assistant Manager Salary

0 - 9 years exp. (82 salaries)

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₹2.8 L/yr - ₹5.7 L/yr

arrow icon 64% less
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Standard Chartered Assistant Manager Salary

2 - 18 years exp. (404 salaries)

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₹5.2 L/yr - ₹18 L/yr

arrow icon 4% more
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Assistant Manager salary at Tamilnad Mercantile Bank ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 54 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Assistant Manager in Chennai

3w ago
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12 years exp.
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13 years exp.
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13 years exp.
2mo ago
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8 years exp.
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11 years exp.
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10 years exp.
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9 years exp.
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11 years exp.
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9 years exp.
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8 years exp.

Experience wise Tamilnad Mercantile Bank Assistant Manager salaries in Chennai

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
6 years  (4 salaries)

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₹7 L/yr - ₹12 L/yr
7 years  (10 salaries)

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₹7.6 L/yr - ₹12.8 L/yr
8 years  (13 salaries)

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₹8 L/yr - ₹12.5 L/yr
9 years  (5 salaries)

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₹7 L/yr - ₹13 L/yr
10 years  (8 salaries)

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₹8 L/yr - ₹12 L/yr
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Tamilnad Mercantile Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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6 - 13 years exp.

Branch Manager

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10 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tamilnad Mercantile Bank

Clerk Salary
(20 salaries)
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₹2.5 L/yr - ₹7 L/yr
Clerical Staff Salary
(7 salaries)
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₹4.5 L/yr - ₹6.3 L/yr
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₹3.2 L/yr - ₹4.6 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.6

Rated by 11 employees for salary & benefits

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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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

Likes: Monthly salary payment in time. Note that no battas for Deputations/allowances are paid by the management or negligible expenses incurred is paid. So, you run on a loss if you are deputed to any other branch. Dislikes1/2: The work culture here is pathetic. The cross functional teams doesn't intend to work together. Instead, they have their own ways, that doesn't help the organization in anyway to grow together. Management is based from Virudhunagar/Sivakasi (TamilNadu) people only. So you could see lots of top executives working in the organization They are always elevated in their career path even though they do not have the right skill sets. Company policies are it's worst that even for a job change, you have to seek permission from HRD! Late sitting on daily basis even after finishing the designated works, no proper infrastructure in branches, lack in leaders, inefficient management as a whole. Job security is in a decreasing trend now. They either look out for opportunities to send you out on punishment like CRS/increment cuts or torture/fight with you in branches attempting to make a worst culture to exit the job.

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Dislikes

Dislikes 2/2:There are a few hard working people within the company. With which the top executives live a comfortable life here. Training wouldn't be much constructive as they have many excel sheets available for working on credit operations. And even the credit underwritings manipulate the report according to manager's/top level management intention to sanction loans that led to many NPAs. Politics would be there in all the companies. No exception to this company as well. It's worse in this company. Work-Life balance at its worst because all days you'll need to work/late-sit at least till 2100hrs after starting your works from 0930hrs. Promotion is given to people who knows to do politics well enough. There's no innovation in their products/thinking. The company always would be lagging in terms of competitors. Last minute circulars or notifications that you can't execute the EOD operations until finishing an up-hill task withing the branch.

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Full Time

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Other Department

4.0
  •  posted on 06 Apr 2018

4.0
 for  Salary and Benefits

Likes

Team effort, ready to work at any time, sincerity, customer satisfaction,

Dislikes

Good training Teammates or better to say as friends Salary ...good as compare to Industry Career growth...less chance Work environment...good Otherwise everything good...

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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.

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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...

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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.

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Tamilnad Mercantile Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Tamilnad Mercantile Bank Chennai?
Assistant Manager salary at Tamilnad Mercantile Bank in Chennai ranges between ₹7.0 Lakhs to ₹14.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 34% more than the average Assistant Manager Salary in India. Salary estimates are based on 54 latest salaries received from various employees of Tamilnad Mercantile Bank Chennai.
How does the salary of a Assistant Manager at Tamilnad Mercantile Bank Chennai compare with the average salary range for this job?
The average salary of a Assistant Manager at Tamilnad Mercantile Bank is 34% more than the average salary of a Assistant Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Tamilnad Mercantile Bank to a Assistant Manager in Chennai?
  • State Street Bank Assistant Manager Salary - ₹8.8 Lakhs to ₹13.5 Lakhs per year
  • Federal Bank Assistant Manager Salary - ₹5.6 Lakhs to ₹15.0 Lakhs per year
  • South Indian Bank Assistant Manager Salary - ₹6.5 Lakhs to ₹13.5 Lakhs per year
  • Standard Chartered Assistant Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
  • Paytm Payments Bank Assistant Manager Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Tamilnad Mercantile Bank in Chennai?
  • Karnataka Bank Assistant Manager Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
  • Karur Vysya Bank Assistant Manager Salary - ₹4.7 Lakhs to ₹14.3 Lakhs per year
  • City Union Bank Assistant Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
  • DBS Bank Assistant Manager Salary - ₹3.2 Lakhs to ₹9.0 Lakhs per year
  • IDFC FIRST Bank Assistant Manager Salary - ₹2.9 Lakhs to ₹6.2 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Tamilnad Mercantile Bank in Chennai?
The estimated take-home salary of a Assistant Manager at Tamilnad Mercantile Bank ranges between ₹79,006 per month to ₹81,061 per month in Chennai. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Assistant Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Tamilnad Mercantile Bank in Chennai?
According to AmbitionBox, 75% of the Tamilnad Mercantile Bank Assistant Managers in Chennai reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Assistant Manager salary in Chennai ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 54 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.