Tamilnad Mercantile Bank Chennai Branch Head Salaries by 10+ Employees (Updated 2025)

9 - 16 years exp.

₹7.1 Lakhs - ₹15 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

12% more than the average Branch Head Salary in Banking Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 9 - 13 years exp. (5 salaries)	₹7.1 L/yr - ₹13.2 L/yr
Finance & Accounting Branch Head Salary 11 - 12 years exp. (3 salaries)	₹9.6 L/yr - ₹15 L/yr
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Customer Success, Service & Operations Branch Head Salary 14 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
Strategic & Top Management Branch Head Salary 11 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹14.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Tamilnad Mercantile Bank for Branch Head in Chennai

Tamilnad Mercantile Bank Branch Head Salary

9 - 16 years exp. (12 salaries)

₹7.1 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
DBS Bank Branch Head Salary 9 - 20 years exp. (32 salaries)	₹8.5 L/yr - ₹21 L/yr 15% more
City Union Bank Branch Head Salary 7 - 15 years exp. (22 salaries)	₹8.2 L/yr - ₹20.2 L/yr 10% more
Login to view exact salary
ESAF Small Finance Bank Branch Head Salary 9 - 16 years exp. (7 salaries)	₹8 L/yr - ₹12.8 L/yr 20% less	2 job openings
Karur Vysya Bank Branch Head Salary 9 - 12 years exp. (6 salaries)	₹9 L/yr - ₹15 L/yr 1% more
Suryoday Small Finance Bank Branch Head Salary 7 - 13 years exp. (5 salaries)	₹4 L/yr - ₹9.5 L/yr 55% less
CSB Bank Branch Head Salary 14 - 16 years exp. (3 salaries)	₹8.5 L/yr - ₹12.6 L/yr 5% less
Dhanlaxmi Bank Branch Head Salary 17 - 18 years exp. (3 salaries)	₹8.8 L/yr - ₹14.5 L/yr 4% less

Branch Head salary at Tamilnad Mercantile Bank ranges between ₹7.1 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Branch Head in Chennai

1mo ago

₹15 Lakhs

11 years exp.

5mo ago

₹15 Lakhs

14 years exp.

8mo ago

₹12.5 Lakhs

13 years exp.

1y ago

₹14 Lakhs

12 years exp.

1y ago

₹8.5 Lakhs

11 years exp.

1y ago

16 years exp.

1y ago

11 years exp.

1y ago

12 years exp.

1y ago

10 years exp.

Experience wise Tamilnad Mercantile Bank Branch Head salaries in Chennai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
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11 years (4 salaries)	₹7.1 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
13 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
14 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
15+ years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr

View all

Similar Designation salaries in Tamilnad Mercantile Bank

Credit Manager Salary

(3 salaries)

₹10 L/yr - ₹18 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.8

Rated by 2 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

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

Infrastructure Engineer in Chennai

Full Time

IT & Information Security Department

2.0

• posted on 15 Mar 2025

1.0

for Salary and Benefits

Likes

Overall all other teams are good but there is team called Server Team which is the worst team I have ever worked nothing is proper in that team worst Manager one will do anything for his ego

Job security - Good

Dislikes

Very worst team don't ever join Server Team in TMB rest any team you can join if salary is not an issue

Salary - Bad

+5 more

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tamilnad Mercantile Bank Branch Head Salary FAQs

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

The average salary of a Branch Head at Tamilnad Mercantile Bank in Chennai typically ranges from ₹7.1 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Branch Head in Chennai at Tamilnad Mercantile Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Branch Head 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 10+ Tamilnad Mercantile Bank employees in India.

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

The estimated take-home salary of a Branch Head at Tamilnad Mercantile Bank in Chennai typically ranges from ₹91,339 to ₹93,764 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 10+ 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 Branch Head in India?

DBS Bank	₹8.5 Lakhs to ₹21.0 Lakhs per year
City Union Bank	₹8.2 Lakhs to ₹20.2 Lakhs per year
Karur Vysya Bank	₹9.0 Lakhs to ₹15.0 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 Branch Head in companies similar to Tamilnad Mercantile Bank in Chennai?

The salary of a Branch Head at companies similar to Tamilnad Mercantile Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dhanlaxmi Bank	₹8.8 Lakhs to ₹14.5 Lakhs per year
CSB Bank	₹8.5 Lakhs to ₹12.6 Lakhs per year
ESAF Small Finance Bank	₹8.0 Lakhs to ₹12.8 Lakhs per year
Suryoday Small Finance Bank	₹4.0 Lakhs to ₹9.5 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 Branch Head at Tamilnad Mercantile Bank in Chennai?

The salary growth for a Branch Head at Tamilnad Mercantile Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Branch Head in Chennai can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience	Average Salary Range
9 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
10 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
11 years	₹7.1 Lakhs to ₹15.0 Lakhs per year
12 years	₹11.4 Lakhs to ₹14.6 Lakhs per year

and so on.

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Tamilnad Mercantile Bank Branch Head Salaries in Chennai

Tamilnad Mercantile Bank Branch Head salary in Chennai ranges between ₹7.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.