Tamilnad Mercantile Bank Branch Manager Scale 2 Salaries by 4 Employees

12 - 14 years exp.

₹11 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

At par with the average Branch Manager Scale 2 Salary in Banking Companies for 12 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Branch Manager Scale 2 Salary 12 - 13 years exp. (3 salaries)	₹11 L/yr - ₹15 L/yr
Login to view exact salary
Sales & Business Development Branch Manager Scale 2 Salary 14 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr

Last Updated: 1 Aug 2024

Companies similar to Tamilnad Mercantile Bank for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Branch Manager Scale 2 Salary 9 - 17 years exp. (7 salaries)	₹12 L/yr - ₹15 L/yr 5% more
Karnataka Bank Branch Manager Scale 2 Salary 8 - 16 years exp. (6 salaries)	₹13 L/yr - ₹20.7 L/yr 17% more
Login to view exact salary
CSB Bank Branch Manager Scale 2 Salary 9 - 12 years exp. (5 salaries)	₹9.1 L/yr - ₹12 L/yr 20% less
South Indian Bank Branch Manager Scale 2 Salary 4 - 6 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 14% more
Karnataka Vikas Grameena Bank Branch Manager Scale 2 Salary 4 - 7 years exp. (3 salaries)	₹6 L/yr - ₹16.3 L/yr 30% less

Branch Manager Scale 2 salary at Tamilnad Mercantile Bank ranges between ₹11 Lakhs to ₹15 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Branch Manager Scale 2 salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹15 L/yr
Login to view exact salary
14 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹25 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Branch Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Credit Manager Salary

(3 salaries)

₹10 L/yr - ₹18 L/yr

Branch Head Salary

(14 salaries)

₹7.05 L/yr - ₹15 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

Operations Manager Salary

(3 salaries)

₹12 L/yr - ₹16 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Salary related reviews for Tamilnad Mercantile 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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Tamilnad Mercantile Bank?

Ask anonymously on communities.

Tamilnad Mercantile Bank Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at Tamilnad Mercantile Bank ?

The average salary of a Branch Manager Scale 2 at Tamilnad Mercantile Bank in India typically ranges from ₹11.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Branch Manager Scale 2 at Tamilnad Mercantile Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Branch Manager Scale 2 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 4 Tamilnad Mercantile Bank employees in India.

What is the estimated take home salary of a Branch Manager Scale 2 at Tamilnad Mercantile Bank in India?

The estimated take-home salary of a Branch Manager Scale 2 at Tamilnad Mercantile Bank in India typically ranges from ₹94,301 to ₹96,838 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 12 years to 14 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 4 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 Manager Scale 2 in India?

Karnataka Bank	₹13.0 Lakhs to ₹20.7 Lakhs per year
South Indian Bank	₹12.5 Lakhs to ₹18.0 Lakhs per year
Karur Vysya Bank	₹12.0 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 Manager Scale 2 in companies similar to Tamilnad Mercantile Bank in India?

The salary of a Branch Manager Scale 2 at companies similar to Tamilnad Mercantile Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CSB Bank	₹9.1 Lakhs to ₹12.0 Lakhs per year
Karnataka Vikas Grameena Bank	₹6.0 Lakhs to ₹16.3 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 Manager Scale 2 at Tamilnad Mercantile Bank in India?

The salary growth for a Branch Manager Scale 2 at Tamilnad Mercantile Bank depends on factors such as experience, performance, and promotions. On average, a Branch Manager Scale 2 can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience	Average Salary Range
12 years	₹11.0 Lakhs to ₹15.0 Lakhs per year
13 years	₹5.4 Lakhs to ₹15.0 Lakhs per year
14 years	₹12.5 Lakhs to ₹25.0 Lakhs per year

and so on.

Tell us how to improve this page.

Tamilnad Mercantile Bank Branch Manager Scale 2 Salaries by Location

Home >
Salaries >
Tamilnad Mercantile Bank Salaries >
Tamilnad Mercantile Bank Branch Manager Scale 2 Salaries

Tamilnad Mercantile Bank Branch Manager Scale 2 salary in India ranges between ₹11 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.