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Tamilnad Mercantile Bank Banker salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹3.5 Lakhs - ₹7.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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49% more than the average Banker Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Banker Salary
2 - 7 years exp. (3 salaries)
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₹4 L/yr - ₹7.9 L/yr

Customer Success, Service & Operations
Banker Salary
8 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.9 L/yr

Risk Management & Compliance
Banker Salary
2 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹8.3 L/yr

Last Updated: 13 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Banker

Company name Avg Annual Salary Open Jobs
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Karur Vysya Bank Banker Salary

0 - 11 years exp. (16 salaries)

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₹2.6 L/yr - ₹9 L/yr

arrow icon 27% less
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South Indian Bank Banker Salary

1 - 11 years exp. (26 salaries)

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₹3 L/yr - ₹10.3 L/yr

arrow icon 13% more
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City Union Bank Banker Salary

0 - 5 years exp. (34 salaries)

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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 44% less
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Federal Bank Banker Salary

2 - 11 years exp. (12 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 13% more
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Karnataka Bank Banker Salary

0 - 15 years exp. (5 salaries)

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₹6 L/yr - ₹8 L/yr

At par
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DCB Bank Banker Salary

1 - 6 years exp. (15 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 44% less
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IDFC FIRST Bank Banker Salary

0 - 7 years exp. (96 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 40% less
1 job opening
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RBL Bank Banker Salary

1 - 8 years exp. (15 salaries)

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₹1.2 L/yr - ₹6.2 L/yr

arrow icon 48% less
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Bandhan Bank Banker Salary

0 - 6 years exp. (120 salaries)

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₹1.2 L/yr - ₹6.2 L/yr

arrow icon 55% less
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Yes Bank Banker Salary

1 - 8 years exp. (69 salaries)

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₹2.3 L/yr - ₹8.3 L/yr

arrow icon 38% less
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ESAF Small Finance Bank Banker Salary

1 - 8 years exp. (18 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 48% less
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The Saraswat Co-operative Bank Banker Salary

0 - 16 years exp. (15 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 27% less
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North East Small Finance Bank Banker Salary

0 - 8 years exp. (10 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 56% less
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TJSB Sahakari Bank Banker Salary

3 - 8 years exp. (9 salaries)

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₹3.8 L/yr - ₹6.7 L/yr

arrow icon 38% less
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The Cosmos Co-operative Bank Banker Salary

0 - 23 years exp. (7 salaries)

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₹1.4 L/yr - ₹5.2 L/yr

arrow icon 60% less
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Standard Chartered Banker Salary

8 - 15 years exp. (7 salaries)

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₹4.8 L/yr - ₹8 L/yr

arrow icon 13% less
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SVC Co-Operative Bank Banker Salary

0 - 18 years exp. (8 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 3% less
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CSB Bank Banker Salary

1 - 11 years exp. (6 salaries)

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₹1.5 L/yr - ₹9 L/yr

arrow icon 25% less
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Fino Payments Bank Banker Salary

1 - 16 years exp. (6 salaries)

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₹1.6 L/yr - ₹5 L/yr

arrow icon 61% less
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Nkgsb CO-OP Bank Banker Salary

4 - 9 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 53% less
View all
Banker salary at Tamilnad Mercantile Bank ranges between ₹3.5 Lakhs to ₹7.9 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Banker

1mo ago
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2 years exp.
8mo ago
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2 years exp.
1y ago
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7 years exp.
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2 years exp.
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8 years exp.
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8 years exp.

Experience wise Tamilnad Mercantile Bank Banker salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.2 L/yr - ₹9.3 L/yr
2 years  (3 salaries)

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₹3.5 L/yr - ₹9.8 L/yr
3 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in Tamilnad Mercantile Bank

Team Lead Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Branch Manager Salary
(14 salaries)
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₹11.5 L/yr - ₹17.52 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹12 L/yr - ₹16 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
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₹2.4 L/yr - ₹7 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.5

Rated by 3 employees for salary & benefits

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

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

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

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

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

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Tamilnad Mercantile Bank Banker Salary FAQs

What is the salary of Banker at Tamilnad Mercantile Bank ?
The average salary of a Banker at Tamilnad Mercantile Bank in India typically ranges from ₹3.5 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Banker at Tamilnad Mercantile Bank earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.9 Lakhs per year. Banker Salaries at Tamilnad Mercantile Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Tamilnad Mercantile Bank employees in India.
What is the estimated take home salary of a Banker at Tamilnad Mercantile Bank in India?
The estimated take-home salary of a Banker at Tamilnad Mercantile Bank in India typically ranges from ₹51,992 to ₹54,331 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Tamilnad Mercantile Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Tamilnad Mercantile Bank for Banker in India?
South Indian Bank ₹3.0 Lakhs to ₹10.3 Lakhs per year
Federal Bank ₹3.3 Lakhs to ₹11.5 Lakhs per year
Karnataka Bank ₹6.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tamilnad Mercantile Bank, depending on the role and experience level.
What is the salary of a Banker in companies similar to Tamilnad Mercantile Bank in India?
The salary of a Banker at companies similar to Tamilnad Mercantile Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SVC Co-Operative Bank ₹3.0 Lakhs to ₹11.4 Lakhs per year
Standard Chartered ₹4.8 Lakhs to ₹8.0 Lakhs per year
DBS Bank ₹3.0 Lakhs to ₹8.3 Lakhs per year
CSB Bank ₹1.5 Lakhs to ₹9.0 Lakhs per year
The Saraswat Co-operative Bank ₹2.5 Lakhs to ₹8.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Banker at Tamilnad Mercantile Bank in India?
The salary growth for a Banker at Tamilnad Mercantile Bank depends on factors such as experience, performance, and promotions. On average, a Banker can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience Average Salary Range
1 year ₹4.2 Lakhs to ₹9.3 Lakhs per year
2 years ₹3.5 Lakhs to ₹9.8 Lakhs per year
3 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
4 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
and so on.

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Tamilnad Mercantile Bank Banker salary in India ranges between ₹3.5 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.