Tamilnad Mercantile Bank Chennai Banker Salaries by 3 Employees (Updated 2025)

2 - 8 years exp.

₹4 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Banker Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Banker Salary 8 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.2 L/yr
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Risk Management & Compliance Banker Salary 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

Last Updated: 5 Jul 2024

Companies similar to Tamilnad Mercantile Bank for Banker in Chennai

Tamilnad Mercantile Bank Banker Salary

2 - 8 years exp. (3 salaries)

₹4 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Banker Salary 1 - 5 years exp. (5 salaries)	₹4.2 L/yr - ₹7 L/yr 12% more
City Union Bank Banker Salary 1 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹5.4 L/yr 33% less
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IDFC FIRST Bank Banker Salary 1 - 6 years exp. (8 salaries)	₹2.8 L/yr - ₹4.4 L/yr 31% less
Yes Bank Banker Salary 0 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹5.8 L/yr 27% less
ICICI Bank Banker Salary 0 - 8 years exp. (28 salaries)	₹2 L/yr - ₹6.4 L/yr 32% less

Banker salary at Tamilnad Mercantile Bank ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Banker salaries in Chennai

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

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Similar Designation salaries in Tamilnad Mercantile Bank

Bank Clerk Salary

(12 salaries)

₹3.1 L/yr - ₹7 L/yr

Branch Head Salary

(10 salaries)

₹7.05 L/yr - ₹15 L/yr

Credit Officer Salary

(3 salaries)

₹7.5 L/yr - ₹10.5 L/yr

Salary related reviews for Tamilnad Mercantile Bank

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Tamilnad Mercantile Bank Banker Salary FAQs

What is the notice period for Banker at Tamilnad Mercantile Bank in Chennai?

According to AmbitionBox, 75% of the Tamilnad Mercantile Bank Bankers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Banker Salaries in Chennai

Tamilnad Mercantile Bank Banker salary in Chennai ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.