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Tamilnad Mercantile Bank Clerk salaries in India (Updated 2025)

Annual salary range
1 - 11 years exp.
₹2.4 Lakhs - ₹10 Lakhs
Salary of majority employees
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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)
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₹2.4 L/yr - ₹6.5 L/yr

Finance & Accounting
Clerk Salary
1 - 10 years exp. (15 salaries)
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₹3.8 L/yr - ₹9.6 L/yr

Customer Success, Service & Operations
Clerk Salary
1 - 9 years exp. (12 salaries)
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₹4.1 L/yr - ₹8 L/yr

Data Science & Analytics
Clerk Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹7.5 L/yr

Administration & Facilities
Clerk Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹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
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State Bank of India Clerk Salary

0 - 22 years exp. (21 salaries)

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₹0.8 L/yr - ₹7 L/yr

arrow icon 46% less
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ICICI Bank Clerk Salary

0 - 7 years exp. (13 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 43% less
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HDFC Bank Clerk Salary

0 - 6 years exp. (36 salaries)

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₹0.7 L/yr - ₹4.1 L/yr

arrow icon 51% less
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Axis Bank Clerk Salary

0 - 8 years exp. (10 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 60% less
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Yes Bank Clerk Salary

1 - 10 years exp. (4 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 29% less
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IDFC FIRST Bank Clerk Salary

0 - 6 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 62% less
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Federal Bank Clerk Salary

0 - 6 years exp. (55 salaries)

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₹4 L/yr - ₹8.5 L/yr

arrow icon 6% less
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Karur Vysya Bank Clerk Salary

1 - 10 years exp. (55 salaries)

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₹2.6 L/yr - ₹8 L/yr

arrow icon 8% less
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The Cosmos Co-operative Bank Clerk Salary

0 - 10 years exp. (95 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 50% less
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Karnataka Bank Clerk Salary

0 - 9 years exp. (58 salaries)

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₹2.8 L/yr - ₹9.1 L/yr

arrow icon 11% less
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TJSB Sahakari Bank Clerk Salary

0 - 4 years exp. (52 salaries)

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₹1 L/yr - ₹3.2 L/yr

arrow icon 69% less
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South Indian Bank Clerk Salary

0 - 3 years exp. (50 salaries)

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₹2.2 L/yr - ₹7 L/yr

arrow icon 22% less
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City Union Bank Clerk Salary

1 - 9 years exp. (46 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 43% less
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Nkgsb CO-OP Bank Clerk Salary

0 - 10 years exp. (44 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 46% less
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SVC Co-Operative Bank Clerk Salary

1 - 9 years exp. (36 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 53% less
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DBS Bank Clerk Salary

1 - 20 years exp. (14 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 15% less
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Bandhan Bank Clerk Salary

0 - 8 years exp. (6 salaries)

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₹1.1 L/yr - ₹2.2 L/yr

arrow icon 76% less
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Punjab & Sind Bank Clerk Salary

2 - 5 years exp. (5 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 42% less
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The Saraswat Co-operative Bank Clerk Salary

1 - 10 years exp. (4 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 39% less
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Dhanlaxmi Bank Clerk Salary

8 - 10 years exp. (3 salaries)

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₹1.7 L/yr - ₹5.6 L/yr

arrow icon 39% less

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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.

Latest annual salaries shared by Tamilnad Mercantile Bank Clerk

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9 years exp.
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11 years exp.
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Experience wise Tamilnad Mercantile Bank Clerk salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
1 year  (15 salaries)

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₹2.4 L/yr - ₹6 L/yr
2 years  (11 salaries)

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₹4 L/yr - ₹6 L/yr
3 years  (10 salaries)

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₹4.3 L/yr - ₹7 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹7 L/yr
5 years  (3 salaries)

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₹2.4 L/yr - ₹7 L/yr
View all
Tamilnad Mercantile Bank Clerk Salary and Career Growth

From

To

Clerk

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1 - 11 years exp.

Branch Manager

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10 - 12 years exp.

Clerk 1 - 11 years exp.
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Assistant Manager 6 - 13 years exp.
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arrow icon 66% hike
    Branch Manager 10 - 12 years exp.
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    arrow icon 40% hike

    From

    1 more level

    To

    Clerk

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    1 - 11 years exp.

    Manager

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    9 - 15 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)
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    ₹0.1 L/yr - ₹0.1 L/yr
    Senior Associate Salary
    (AmbitionBox Estimate)
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    ₹4.9 L/yr - ₹6.2 L/yr
    Process Associate Salary
    (AmbitionBox Estimate)
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    ₹3.8 L/yr - ₹4.8 L/yr

    Salary related reviews for Tamilnad Mercantile Bank

    2.7

    Rated by 37 employees for salary & benefits

    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.

    read more
    • Salary - Bad
    • +5 more

    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...

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    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

    read more
    • 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...

    read more
    • Skill development - Bad
    • +5 more

    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.

    read more
    • Skill development - Poor
    • +3 more

    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.

    read more
    • Skill development - Poor
    • +3 more
    see more salary related reviews

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    Tamilnad Mercantile Bank Clerk Salary FAQs

    What is the salary of Clerk at Tamilnad Mercantile Bank?
    Clerk salary at Tamilnad Mercantile Bank in India ranges between ₹2.4 Lakhs to ₹10.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 80% more than the average Clerk Salary in India. Salary estimates are based on 69 latest salaries received from various employees of Tamilnad Mercantile Bank India.
    How does the salary of a Clerk at Tamilnad Mercantile Bank India compare with the average salary range for this job?
    The average salary of a Clerk at Tamilnad Mercantile Bank is 80% more than the average salary of a Clerk in India. To know exact salary insights, login to view.
    What is the salary of a Clerk in companies similar to Tamilnad Mercantile Bank in India?
    • Federal Bank Clerk Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
    • Karur Vysya Bank Clerk Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
    • Karnataka Bank Clerk Salary - ₹2.8 Lakhs to ₹9.1 Lakhs per year
    • DBS Bank Clerk Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
    • South Indian Bank Clerk Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
    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 ranges between ₹47,404 per month to ₹48,526 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Clerk salary in India which ranges between ₹2.4 Lakhs to ₹10.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
    What is the notice period for Clerk at Tamilnad Mercantile Bank?
    According to AmbitionBox, 58% of the Tamilnad Mercantile Bank Clerks reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 60 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

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