Tamilnad Mercantile Bank Chief Manager Salaries by 7 Employees

18 - 24 years exp.

₹12 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹16.4 Lakhs

Variable (0%)

₹0.0

26% less than the average Chief Manager Salary in Banking Companies for 18 - 24 years of experience

Interested in this particular role?

Last Updated: 9 Jul 2024

Companies similar to Tamilnad Mercantile Bank for Chief Manager

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Chief Manager Salary 10 - 17 years exp. (46 salaries)	₹12 L/yr - ₹30 L/yr 41% more
Karur Vysya Bank Chief Manager Salary 10 - 25 years exp. (40 salaries)	₹18 L/yr - ₹30 L/yr 42% more
Login to view exact salary
Punjab & Sind Bank Chief Manager Salary 9 - 17 years exp. (29 salaries)	₹18 L/yr - ₹32 L/yr 44% more
The Saraswat Co-operative Bank Chief Manager Salary 6 - 26 years exp. (22 salaries)	₹14 L/yr - ₹28 L/yr 41% more
City Union Bank Chief Manager Salary 10 - 18 years exp. (22 salaries)	₹16.9 L/yr - ₹30 L/yr 49% more
CSB Bank Chief Manager Salary 7 - 31 years exp. (14 salaries)	₹13 L/yr - ₹25 L/yr 6% more
DBS Bank Chief Manager Salary 11 - 23 years exp. (13 salaries)	₹12.5 L/yr - ₹18.5 L/yr 3% more
ESAF Small Finance Bank Chief Manager Salary 12 - 18 years exp. (12 salaries)	₹10.2 L/yr - ₹17.1 L/yr 12% less
Dhanlaxmi Bank Chief Manager Salary 10 - 26 years exp. (7 salaries)	₹11 L/yr - ₹24 L/yr 9% more
Karnataka Bank Chief Manager Salary 14 - 21 years exp. (6 salaries)	₹24 L/yr - ₹35.5 L/yr 97% more
North East Small Finance Bank Chief Manager Salary 14 - 19 years exp. (6 salaries)	₹12.5 L/yr - ₹13.5 L/yr 21% less
Login to view exact salary
The Cosmos Co-operative Bank Chief Manager Salary 15 - 22 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 25% less
TJSB Sahakari Bank Chief Manager Salary 14 - 30 years exp. (4 salaries)	₹19 L/yr - ₹27 L/yr 41% more
SVC Co-Operative Bank Chief Manager Salary 11 - 16 years exp. (4 salaries)	₹18 L/yr - ₹34 L/yr 50% more
Nkgsb CO-OP Bank Chief Manager Salary 20 - 23 years exp. (3 salaries)	₹18 L/yr - ₹22 L/yr 26% more
Standard Chartered Chief Manager Salary 6 - 18 years exp. (3 salaries)	₹10 L/yr - ₹18 L/yr 6% less

Chief Manager salary at Tamilnad Mercantile Bank ranges between ₹12 Lakhs to ₹17.5 Lakhs per year for employees with experience between 18 years to 24 years. Salary estimates are based on 7 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Chief Manager salaries

Last Updated: 9 Jul 2024

Experience	Avg Annual Salary
15+ years (7 salaries)	₹12 L/yr - ₹17.5 L/yr
Login to view exact salary

Similar Designation salaries in Tamilnad Mercantile Bank

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 Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Operations Manager Salary

(3 salaries)

₹12 L/yr - ₹16 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Branch Head Salary

(14 salaries)

₹7.05 L/yr - ₹15 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Tamilnad Mercantile Bank?

Ask anonymously on communities.

Tamilnad Mercantile Bank Chief Manager Salary FAQs

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

The average salary of a Chief Manager at Tamilnad Mercantile Bank in India typically ranges from ₹12.0 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 18 years to 24 years).

The top 10% of Chief Manager at Tamilnad Mercantile Bank earn more than ₹17.2 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Chief Manager 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 7 Tamilnad Mercantile Bank employees in India.

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

The estimated take-home salary of a Chief Manager at Tamilnad Mercantile Bank in India typically ranges from ₹1,11,721 to ₹1,14,821 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 18 years to 24 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 7 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 Chief Manager in India?

Karnataka Bank	₹24.0 Lakhs to ₹35.5 Lakhs per year
SVC Co-Operative Bank	₹18.0 Lakhs to ₹34.0 Lakhs per year
City Union Bank	₹16.9 Lakhs to ₹30.0 Lakhs per year
Punjab & Sind Bank	₹18.0 Lakhs to ₹32.0 Lakhs per year
Karur Vysya Bank	₹18.0 Lakhs to ₹30.0 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 Chief Manager in companies similar to Tamilnad Mercantile Bank in India?

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

The Saraswat Co-operative Bank	₹14.0 Lakhs to ₹28.0 Lakhs per year
TJSB Sahakari Bank	₹19.0 Lakhs to ₹27.0 Lakhs per year
South Indian Bank	₹12.0 Lakhs to ₹30.0 Lakhs per year
Nkgsb CO-OP Bank	₹18.0 Lakhs to ₹22.0 Lakhs per year
Dhanlaxmi Bank	₹11.0 Lakhs to ₹24.0 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 Chief Manager at Tamilnad Mercantile Bank in India?

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

Experience	Average Salary Range
15 years	₹12.0 Lakhs to ₹17.5 Lakhs per year

and so on.

Tell us how to improve this page.

Tamilnad Mercantile Bank Chief Manager Salaries by Location

Home >
Salaries >
Tamilnad Mercantile Bank Salaries >
Tamilnad Mercantile Bank Chief Manager Salaries

Tamilnad Mercantile Bank Chief Manager salary in India ranges between ₹12 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.