Tamilnad Mercantile Bank Branch Head Salaries by 10+ Employees (Updated 2024)

8 - 15 years exp.

₹7.1 Lakhs - ₹21 Lakhs

Salary of majority employees

24% more than the average Branch Head Salary in Banking Companies for 8 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 8 - 13 years exp. (6 salaries)	₹7.1 L/yr - ₹14.4 L/yr
Finance & Accounting Branch Head Salary 11 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹21 L/yr
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Data Science & Analytics Branch Head Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13.8 L/yr

Last Updated: 28 Nov 2024

Companies similar to Tamilnad Mercantile Bank for Branch Head

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Branch Head Salary 9 - 14 years exp. (55 salaries)	₹8 L/yr - ₹16 L/yr 5% less
South Indian Bank Branch Head Salary 8 - 12 years exp. (32 salaries)	₹10 L/yr - ₹20 L/yr 15% more
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City Union Bank Branch Head Salary 6 - 16 years exp. (80 salaries)	₹8 L/yr - ₹20.2 L/yr 5% more
Federal Bank Branch Head Salary 3 - 12 years exp. (39 salaries)	₹7.7 L/yr - ₹20 L/yr 18% more
Karnataka Bank Branch Head Salary 9 - 13 years exp. (12 salaries)	₹10.5 L/yr - ₹16 L/yr 4% less
DCB Bank Branch Head Salary 8 - 18 years exp. (193 salaries)	₹5.1 L/yr - ₹16.1 L/yr 14% less
IDFC FIRST Bank Branch Head Salary 11 - 18 years exp. (119 salaries)	₹9.1 L/yr - ₹26 L/yr 26% more
RBL Bank Branch Head Salary 12 - 22 years exp. (104 salaries)	₹8.6 L/yr - ₹33.2 L/yr 56% more
Bandhan Bank Branch Head Salary 9 - 20 years exp. (434 salaries)	₹5.8 L/yr - ₹22 L/yr 3% less	1 job opening
Yes Bank Branch Head Salary 7 - 21 years exp. (224 salaries)	₹6.6 L/yr - ₹27 L/yr 16% more	1 job opening
ESAF Small Finance Bank Branch Head Salary 7 - 17 years exp. (238 salaries)	₹4 L/yr - ₹14 L/yr 27% less
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DBS Bank Branch Head Salary 8 - 21 years exp. (172 salaries)	₹7 L/yr - ₹22 L/yr 6% more
North East Small Finance Bank Branch Head Salary 10 - 19 years exp. (113 salaries)	₹4.7 L/yr - ₹15.6 L/yr 34% less
CSB Bank Branch Head Salary 11 - 23 years exp. (76 salaries)	₹7 L/yr - ₹20 L/yr 3% more
Suryoday Small Finance Bank Branch Head Salary 5 - 19 years exp. (19 salaries)	₹3.5 L/yr - ₹10.3 L/yr 55% less
SVC Co-Operative Bank Branch Head Salary 11 - 28 years exp. (14 salaries)	₹12 L/yr - ₹17.2 L/yr 7% more
Standard Chartered Branch Head Salary 10 - 23 years exp. (11 salaries)	₹17 L/yr - ₹42.5 L/yr 98% more
Fino Payments Bank Branch Head Salary 2 - 9 years exp. (9 salaries)	₹2.8 L/yr - ₹4.3 L/yr 76% less
Nkgsb CO-OP Bank Branch Head Salary 9 - 13 years exp. (8 salaries)	₹6 L/yr - ₹16 L/yr 16% less
Dhanlaxmi Bank Branch Head Salary 13 - 18 years exp. (7 salaries)	₹8.8 L/yr - ₹14.5 L/yr 6% less

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Branch Head salary at Tamilnad Mercantile Bank ranges between ₹7.1 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 13 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Branch Head salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹21.4 L/yr
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10 years (AmbitionBox Estimate)	₹10 L/yr - ₹13.2 L/yr
11 years (3 salaries)	₹7.1 L/yr - ₹15 L/yr
12 years (3 salaries)	₹9.6 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹25.1 L/yr
14 years (AmbitionBox Estimate)	₹13 L/yr - ₹26 L/yr
15+ years (AmbitionBox Estimate)	₹6 L/yr - ₹21 L/yr

View all

Similar Designation salaries in Tamilnad Mercantile Bank

Branch Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Chief Manager Salary

(7 salaries)

₹12 L/yr - ₹17.5 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Operations Manager Salary

(3 salaries)

₹12 L/yr - ₹16 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.8

Rated by 3 employees for salary & benefits

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...

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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 Branch Head Salary FAQs

What is the salary of Branch Head at Tamilnad Mercantile Bank?

Branch Head salary at Tamilnad Mercantile Bank in India ranges between ₹7.1 Lakhs to ₹21.0 Lakhs for experience between 8 years to 15 years. According to our estimates it is 24% more than the average Branch Head Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Branch Head at Tamilnad Mercantile Bank is 24% more than the average salary of a Branch Head in India. To know exact salary insights, login to view.

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

Standard Chartered Branch Head Salary - ₹17.0 Lakhs to ₹42.5 Lakhs per year
RBL Bank Branch Head Salary - ₹8.6 Lakhs to ₹33.2 Lakhs per year
IDFC FIRST Bank Branch Head Salary - ₹9.1 Lakhs to ₹26.0 Lakhs per year
Federal Bank Branch Head Salary - ₹7.7 Lakhs to ₹20.0 Lakhs per year
Yes Bank Branch Head Salary - ₹6.6 Lakhs to ₹27.0 Lakhs per year

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

South Indian Bank Branch Head Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
SVC Co-Operative Bank Branch Head Salary - ₹12.0 Lakhs to ₹17.2 Lakhs per year
DBS Bank Branch Head Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
City Union Bank Branch Head Salary - ₹8.0 Lakhs to ₹20.2 Lakhs per year
CSB Bank Branch Head Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Branch Head at Tamilnad Mercantile Bank ranges between ₹92,817 per month to ₹95,306 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Branch Head salary in India which ranges between ₹7.1 Lakhs to ₹21.0 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Branch Head at Tamilnad Mercantile Bank?

According to AmbitionBox, 90% of the Tamilnad Mercantile Bank Branch Heads reported a notice period of 3 Months, 5% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Branch Head Salaries

Tamilnad Mercantile Bank Branch Head salary in India ranges between ₹7.1 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.