Tamilnad Mercantile Bank Bank Clerk Salaries by 20+ Employees (Updated 2025)

0 - 9 years exp.

₹3 Lakhs - ₹8 Lakhs

Salary of majority employees

48% more than the average Bank Clerk Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bank Clerk Salary 0 - 9 years exp. (7 salaries)	₹3.6 L/yr - ₹8 L/yr
Finance & Accounting Bank Clerk Salary 1 - 7 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Bank Clerk Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹7 L/yr

Last Updated: 15 Jul 2024

Companies similar to Tamilnad Mercantile Bank for Bank Clerk

Company name	Avg Annual Salary	Open Jobs
State Bank of India Bank Clerk Salary 0 - 5 years exp. (9 salaries)	₹1.8 L/yr - ₹7.2 L/yr 42% less
ICICI Bank Bank Clerk Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.7 L/yr 48% less
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HDFC Bank Bank Clerk Salary 0 - 3 years exp. (15 salaries)	₹1.5 L/yr - ₹4.5 L/yr 55% less
Axis Bank Bank Clerk Salary 0 - 13 years exp. (6 salaries)	₹1.2 L/yr - ₹4.5 L/yr 39% less
Kotak Mahindra Bank Bank Clerk Salary 0 - 2 years exp. (6 salaries)	₹2.6 L/yr - ₹5.5 L/yr 18% less
Yes Bank Bank Clerk Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 38% less
IDFC FIRST Bank Bank Clerk Salary 1 - 2 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 57% less
IndusInd Bank Bank Clerk Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 54% less
Federal Bank Bank Clerk Salary 0 - 8 years exp. (9 salaries)	₹4 L/yr - ₹10 L/yr 4% more
Karur Vysya Bank Bank Clerk Salary 2 - 10 years exp. (27 salaries)	₹3 L/yr - ₹7.5 L/yr 3% less
South Indian Bank Bank Clerk Salary 0 - 7 years exp. (25 salaries)	₹3 L/yr - ₹6.6 L/yr 6% less
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The Cosmos Co-operative Bank Bank Clerk Salary 0 - 9 years exp. (23 salaries)	₹1.5 L/yr - ₹5 L/yr 38% less
Nkgsb CO-OP Bank Bank Clerk Salary 3 - 9 years exp. (17 salaries)	₹2 L/yr - ₹5.5 L/yr 27% less
Karnataka Bank Bank Clerk Salary 0 - 3 years exp. (13 salaries)	₹3.2 L/yr - ₹6.1 L/yr 1% more
City Union Bank Bank Clerk Salary 0 - 4 years exp. (12 salaries)	₹3 L/yr - ₹4.3 L/yr 30% less
Bandhan Bank Bank Clerk Salary 0 - 3 years exp. (9 salaries)	₹1.5 L/yr - ₹2 L/yr 62% less
SVC Co-Operative Bank Bank Clerk Salary 2 - 11 years exp. (8 salaries)	₹2.2 L/yr - ₹4.2 L/yr 32% less
DBS Bank Bank Clerk Salary 2 - 12 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 14% less
The Saraswat Co-operative Bank Bank Clerk Salary 1 - 14 years exp. (6 salaries)	₹2 L/yr - ₹5.5 L/yr 32% less
TJSB Sahakari Bank Bank Clerk Salary 1 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹2.2 L/yr 65% less

Bank Clerk salary at Tamilnad Mercantile Bank ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 21 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Bank Clerk salaries

Last Updated: 15 Jul 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹3 L/yr - ₹7.6 L/yr
1 year (3 salaries)	₹4 L/yr - ₹8 L/yr
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2 years (3 salaries)	₹4 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.8 L/yr
5 years (3 salaries)	₹4 L/yr - ₹5.8 L/yr
6 years (3 salaries)	₹4 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Tamilnad Mercantile Bank

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.5

Rated by 5 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.

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

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

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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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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Tamilnad Mercantile Bank Bank Clerk Salary FAQs

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

Bank Clerk salary at Tamilnad Mercantile Bank in India ranges between ₹3.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 48% more than the average Bank Clerk Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Bank Clerk at Tamilnad Mercantile Bank is 48% more than the average salary of a Bank Clerk in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tamilnad Mercantile Bank to a Bank Clerk in India?

Federal Bank Bank Clerk Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Karnataka Bank Bank Clerk Salary - ₹3.2 Lakhs to ₹6.1 Lakhs per year

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

Karur Vysya Bank Bank Clerk Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
South Indian Bank Bank Clerk Salary - ₹3.0 Lakhs to ₹6.6 Lakhs per year
DBS Bank Bank Clerk Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Bank Bank Clerk Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
Nkgsb CO-OP Bank Bank Clerk Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Bank Clerk at Tamilnad Mercantile Bank ranges between ₹38,252 per month to ₹39,443 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Bank Clerk salary in India which ranges between ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 65% of the Tamilnad Mercantile Bank Bank Clerks reported a notice period of 3 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Bank Clerk Salaries by Location

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Tamilnad Mercantile Bank Bank Clerk Salaries

Tamilnad Mercantile Bank Bank Clerk salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Bank Clerk salaries in India

Companies similar to Tamilnad Mercantile Bank for Bank Clerk

Latest annual salaries shared by Tamilnad Mercantile Bank Bank Clerk

Experience wise Tamilnad Mercantile Bank Bank Clerk salaries

Similar Designation salaries in Tamilnad Mercantile Bank

Salary related reviews for Tamilnad Mercantile Bank

Clerk in Bangalore / Bengaluru

Credit Manager in Chennai

Branch Manager in Chennai

Assistant Manager in Chennai

Senior Manager in Madurai

Tamilnad Mercantile Bank Bank Clerk Salary FAQs

Tell us how to improve this page.

Tamilnad Mercantile Bank Bank Clerk Salaries by Location