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

10 - 12 years exp.

₹11.5 Lakhs - ₹17.5 Lakhs

Salary of majority employees

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57% more than the average Branch Manager Salary in Banking Companies for 10 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 - 12 years exp. (4 salaries)	Unlock ₹11.5 L/yr - ₹17.5 L/yr
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Finance & Accounting Branch Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹14.5 L/yr

Last Updated: 24 Aug 2024

Companies similar to Tamilnad Mercantile Bank for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Branch Manager Salary 6 - 14 years exp. (128 salaries)	Unlock ₹7 L/yr - ₹19 L/yr 8% less
South Indian Bank Branch Manager Salary 9 - 14 years exp. (51 salaries)	Unlock ₹8 L/yr - ₹19.8 L/yr 2% more
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City Union Bank Branch Manager Salary 5 - 18 years exp. (236 salaries)	Unlock ₹7.5 L/yr - ₹19 L/yr 3% less	1 job opening
Federal Bank Branch Manager Salary 5 - 12 years exp. (46 salaries)	Unlock ₹8.1 L/yr - ₹22 L/yr 6% less
Karnataka Bank Branch Manager Salary 4 - 12 years exp. (49 salaries)	Unlock ₹6 L/yr - ₹18 L/yr 13% less
DCB Bank Branch Manager Salary 6 - 17 years exp. (108 salaries)	Unlock ₹5.6 L/yr - ₹13 L/yr 32% less	1 job opening
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (625 salaries)	Unlock ₹6.3 L/yr - ₹26 L/yr 6% more	5 job openings
RBL Bank Branch Manager Salary 11 - 22 years exp. (323 salaries)	Unlock ₹7.4 L/yr - ₹28.5 L/yr 17% more	6 job openings
Bandhan Bank Branch Manager Salary 5 - 19 years exp. (446 salaries)	Unlock ₹3.7 L/yr - ₹20 L/yr 23% less
Yes Bank Branch Manager Salary 7 - 19 years exp. (650 salaries)	Unlock ₹6 L/yr - ₹23.5 L/yr At par	3 job openings
ESAF Small Finance Bank Branch Manager Salary 5 - 15 years exp. (347 salaries)	Unlock ₹3.1 L/yr - ₹13.3 L/yr 45% less
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CSB Bank Branch Manager Salary 7 - 19 years exp. (470 salaries)	Unlock ₹6 L/yr - ₹19.8 L/yr 22% less	1 job opening
Suryoday Small Finance Bank Branch Manager Salary 4 - 13 years exp. (181 salaries)	Unlock ₹2.2 L/yr - ₹10.9 L/yr 55% less	2 job openings
DBS Bank Branch Manager Salary 7 - 18 years exp. (179 salaries)	Unlock ₹5.5 L/yr - ₹21 L/yr 9% less
SVC Co-Operative Bank Branch Manager Salary 10 - 22 years exp. (68 salaries)	Unlock ₹8 L/yr - ₹18 L/yr 3% less	1 job opening
The Saraswat Co-operative Bank Branch Manager Salary 7 - 17 years exp. (67 salaries)	Unlock ₹4.9 L/yr - ₹17.8 L/yr 28% less
North East Small Finance Bank Branch Manager Salary 7 - 14 years exp. (63 salaries)	Unlock ₹3.5 L/yr - ₹10.6 L/yr 49% less
Standard Chartered Branch Manager Salary 11 - 17 years exp. (47 salaries)	Unlock ₹15 L/yr - ₹45.9 L/yr 86% more
Fino Payments Bank Branch Manager Salary 2 - 8 years exp. (44 salaries)	Unlock ₹1.8 L/yr - ₹4.7 L/yr 78% less
Nkgsb CO-OP Bank Branch Manager Salary 12 - 22 years exp. (29 salaries)	Unlock ₹7.5 L/yr - ₹15.5 L/yr 20% less

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Branch Manager salary at Tamilnad Mercantile Bank ranges between ₹11.5 Lakhs to ₹17.5 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Branch Manager

5mo ago

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10 years exp.

7mo ago

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12 years exp.

11mo ago

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12 years exp.

1y ago

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11 years exp.

1y ago

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12 years exp.

1y ago

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12 years exp.

1y ago

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11 years exp.

1y ago

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11 years exp.

1y ago

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11 years exp.

1y ago

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12 years exp.

Experience wise Tamilnad Mercantile Bank Branch Manager salaries

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
10 years (4 salaries)	Unlock ₹11.5 L/yr - ₹25.8 L/yr
11 years (4 salaries)	Unlock ₹13 L/yr - ₹17.5 L/yr
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12 years (6 salaries)	Unlock ₹14 L/yr - ₹17.5 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Area Manager Salary

(AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.7 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr

Branch Head Salary

(14 salaries)

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₹7.05 L/yr - ₹15 L/yr

Chief Manager Salary

(7 salaries)

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₹12 L/yr - ₹17.5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr

Operations Manager Salary

(3 salaries)

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₹12 L/yr - ₹16 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.9

Rated by 8 employees for salary & benefits

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

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

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

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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Tamilnad Mercantile Bank Branch Manager Salary FAQs

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

Branch Manager salary at Tamilnad Mercantile Bank in India ranges between ₹11.5 Lakhs to ₹17.5 Lakhs for experience between 10 years to 12 years. According to our estimates it is 57% more than the average Branch Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Branch Manager at Tamilnad Mercantile Bank is 57% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Standard Chartered Branch Manager Salary - ₹15.0 Lakhs to ₹45.9 Lakhs per year
RBL Bank Branch Manager Salary - ₹7.4 Lakhs to ₹28.5 Lakhs per year
Deutsche Bank Branch Manager Salary - ₹12.5 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year
South Indian Bank Branch Manager Salary - ₹8.0 Lakhs to ₹19.8 Lakhs per year

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

Yes Bank Branch Manager Salary - ₹6.0 Lakhs to ₹23.5 Lakhs per year
Punjab & Sind Bank Branch Manager Salary - ₹7.5 Lakhs to ₹17.0 Lakhs per year
SVC Co-Operative Bank Branch Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
City Union Bank Branch Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
Federal Bank Branch Manager Salary - ₹8.1 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Tamilnad Mercantile Bank ranges between ₹1,00,280 per month to ₹1,03,010 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Branch Manager salary in India which ranges between ₹11.5 Lakhs to ₹17.5 Lakhs per year for employees with experience between 10 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 53% of the Tamilnad Mercantile Bank Branch Managers reported a notice period of 3 Months, 21% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Branch Manager Salaries by Location

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Tamilnad Mercantile Bank Branch Manager Salaries

Tamilnad Mercantile Bank Branch Manager salary in India ranges between ₹11.5 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Branch Manager salaries in India

Companies similar to Tamilnad Mercantile Bank for Branch Manager

Latest annual salaries shared by Tamilnad Mercantile Bank Branch Manager

Experience wise Tamilnad Mercantile Bank Branch Manager salaries

Similar Designation salaries in Tamilnad Mercantile Bank

Salary related reviews for Tamilnad Mercantile Bank

Branch Manager in Chennai

Credit Manager in Chennai

Clerk in Bangalore / Bengaluru

Assistant Manager in Chennai

Senior Manager in Madurai

Tamilnad Mercantile Bank Branch Manager Salary FAQs

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