Tamilnad Mercantile Bank Clerk Salaries by 60+ Employees (Updated 2025)

1 - 11 years exp.

₹2.4 Lakhs - ₹10 Lakhs

Salary of majority employees

80% more than the average Clerk Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Clerk Salary 1 - 11 years exp. (18 salaries)	₹2.4 L/yr - ₹6.5 L/yr
Finance & Accounting Clerk Salary 1 - 10 years exp. (15 salaries)	₹3.8 L/yr - ₹9.6 L/yr
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Customer Success, Service & Operations Clerk Salary 1 - 9 years exp. (12 salaries)	₹4.1 L/yr - ₹8 L/yr
Data Science & Analytics Clerk Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.5 L/yr
Administration & Facilities Clerk Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr

Last Updated: 23 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Clerk

Company name	Avg Annual Salary	Open Jobs
State Bank of India Clerk Salary 0 - 22 years exp. (22 salaries)	₹0.8 L/yr - ₹8.2 L/yr 44% less
ICICI Bank Clerk Salary 0 - 7 years exp. (13 salaries)	₹1.5 L/yr - ₹6.5 L/yr 43% less
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HDFC Bank Clerk Salary 0 - 6 years exp. (36 salaries)	₹0.7 L/yr - ₹4.1 L/yr 51% less
Axis Bank Clerk Salary 0 - 8 years exp. (10 salaries)	₹1.5 L/yr - ₹3.2 L/yr 60% less
Yes Bank Clerk Salary 1 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹6 L/yr 29% less
IDFC FIRST Bank Clerk Salary 0 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹2.7 L/yr 62% less
Federal Bank Clerk Salary 0 - 6 years exp. (55 salaries)	₹4 L/yr - ₹8.5 L/yr 6% less
Karur Vysya Bank Clerk Salary 3 - 10 years exp. (46 salaries)	₹2.6 L/yr - ₹8 L/yr At par
The Cosmos Co-operative Bank Clerk Salary 0 - 10 years exp. (95 salaries)	₹1 L/yr - ₹5 L/yr 52% less
Karnataka Bank Clerk Salary 0 - 9 years exp. (58 salaries)	₹2.8 L/yr - ₹9.1 L/yr 11% less
TJSB Sahakari Bank Clerk Salary 0 - 5 years exp. (50 salaries)	₹1 L/yr - ₹3.2 L/yr 67% less
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South Indian Bank Clerk Salary 0 - 3 years exp. (50 salaries)	₹2.2 L/yr - ₹7 L/yr 22% less
City Union Bank Clerk Salary 1 - 9 years exp. (46 salaries)	₹2.2 L/yr - ₹6.5 L/yr 43% less
Nkgsb CO-OP Bank Clerk Salary 0 - 10 years exp. (44 salaries)	₹1.2 L/yr - ₹6 L/yr 46% less
SVC Co-Operative Bank Clerk Salary 1 - 9 years exp. (36 salaries)	₹1.1 L/yr - ₹4.5 L/yr 53% less
DBS Bank Clerk Salary 1 - 20 years exp. (14 salaries)	₹2 L/yr - ₹9 L/yr 15% less
Bandhan Bank Clerk Salary 0 - 8 years exp. (6 salaries)	₹1.1 L/yr - ₹2.2 L/yr 76% less
Punjab & Sind Bank Clerk Salary 2 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹5 L/yr 42% less
The Saraswat Co-operative Bank Clerk Salary 1 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹6 L/yr 39% less
Dhanlaxmi Bank Clerk Salary 8 - 10 years exp. (3 salaries)	₹1.7 L/yr - ₹5.6 L/yr 39% less

Clerk salary at Tamilnad Mercantile Bank ranges between ₹2.4 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 69 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (15 salaries)	₹2.4 L/yr - ₹6 L/yr
2 years (11 salaries)	₹4 L/yr - ₹6 L/yr
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3 years (10 salaries)	₹4.3 L/yr - ₹7 L/yr
4 years (3 salaries)	₹4 L/yr - ₹7 L/yr
5 years (3 salaries)	₹2.4 L/yr - ₹7 L/yr
6 years (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr
7 years (8 salaries)	₹5 L/yr - ₹7 L/yr
8 years (4 salaries)	₹4 L/yr - ₹12.3 L/yr
9 years (3 salaries)	₹2.8 L/yr - ₹9.6 L/yr
10 years (5 salaries)	₹6 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.9 L/yr

View all

From

Clerk

₹

Lakhs/yr

1 - 11 years exp.

Manager

₹

Lakhs/yr

9 - 15 years exp.

Clerk 1 - 11 years exp.

Assistant Manager 6 - 13 years exp.

67% hike

Manager 9 - 15 years exp.

30% hike

From

View 1 more level

Clerk

1 - 11 years exp.

Branch Manager

10 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tamilnad Mercantile Bank

Audit Assistant Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Tamilnad Mercantile Bank

2.6

Rated by 38 employees for salary & benefits

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

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.

Salary - Bad

+6 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

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

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Tamilnad Mercantile Bank Clerk Salary FAQs

What is the salary of Clerk at Tamilnad Mercantile Bank ?

The average salary of a Clerk at Tamilnad Mercantile Bank in India typically ranges from ₹2.4 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Clerk at Tamilnad Mercantile Bank earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Clerk 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 60+ Tamilnad Mercantile Bank employees in India.

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

The estimated take-home salary of a Clerk at Tamilnad Mercantile Bank in India typically ranges from ₹47,404 to ₹48,526 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 11 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 60+ salaries received from various employees of Tamilnad Mercantile Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Karur Vysya Bank	₹2.6 Lakhs to ₹8.0 Lakhs per year
Federal Bank	₹4.0 Lakhs to ₹8.5 Lakhs per year
Karnataka Bank	₹2.8 Lakhs to ₹9.1 Lakhs per year
DBS Bank	₹2.0 Lakhs to ₹9.0 Lakhs per year
South Indian Bank	₹2.2 Lakhs to ₹7.0 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 Clerk at Tamilnad Mercantile Bank in India?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹6.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹4.3 Lakhs to ₹7.0 Lakhs per year
4 years	₹4.0 Lakhs to ₹7.0 Lakhs per year

and so on.

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Tamilnad Mercantile Bank Clerk Salaries by Location

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Tamilnad Mercantile Bank Clerk Salaries

Tamilnad Mercantile Bank Clerk salary in India ranges between ₹2.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 69 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Clerk salaries in India (Updated 2025)

Companies similar to Tamilnad Mercantile Bank for Clerk

Latest annual salaries shared by Tamilnad Mercantile Bank Clerk

Experience wise Tamilnad Mercantile Bank Clerk salaries

Similar Designation salaries in Tamilnad Mercantile Bank

Salary related reviews for Tamilnad Mercantile Bank

Clerk in Bangalore / Bengaluru

Clerk in Coimbatore

Credit Manager in Chennai

Branch Manager in Chennai

Assistant Manager in Chennai

Tamilnad Mercantile Bank Clerk Salary FAQs

Tell us how to improve this page.

Tamilnad Mercantile Bank Clerk Salaries by Location