Tamilnad Mercantile Bank Clerk Salaries by 60+ Employees (Updated 2024)

0 - 10 years exp.

₹3.2 Lakhs - ₹10 Lakhs

Salary of majority employees

78% more than the average Clerk Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Clerk Salary 0 - 8 years exp. (18 salaries)	₹3.8 L/yr - ₹9 L/yr
Finance & Accounting Clerk Salary 1 - 10 years exp. (13 salaries)	₹3.8 L/yr - ₹9.6 L/yr
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Customer Success, Service & Operations Clerk Salary 2 - 9 years exp. (11 salaries)	₹4.1 L/yr - ₹8 L/yr

Last Updated: 5 Dec 2024

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. (29 salaries)	₹0.8 L/yr - ₹8.6 L/yr 33% 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 52% less
Axis Bank Clerk Salary 0 - 11 years exp. (13 salaries)	₹1.8 L/yr - ₹4.4 L/yr 48% 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
IndusInd Bank Clerk Salary 0 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹3 L/yr 67% less
Federal Bank Clerk Salary 0 - 6 years exp. (77 salaries)	₹4 L/yr - ₹8.5 L/yr 5% less
Karur Vysya Bank Clerk Salary 1 - 10 years exp. (55 salaries)	₹2.6 L/yr - ₹8 L/yr 8% less
Karnataka Bank Clerk Salary 0 - 5 years exp. (82 salaries)	₹2.8 L/yr - ₹6 L/yr 23% less

View all

Clerk salary at Tamilnad Mercantile Bank ranges between ₹3.2 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 63 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹3.8 L/yr - ₹8 L/yr
1 year (12 salaries)	₹3.2 L/yr - ₹6 L/yr
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2 years (10 salaries)	₹4 L/yr - ₹6 L/yr
3 years (9 salaries)	₹4.3 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹7 L/yr
6 years (7 salaries)	₹4.5 L/yr - ₹8 L/yr
7 years (8 salaries)	₹5 L/yr - ₹7 L/yr
8 years (3 salaries)	₹4.4 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.6 L/yr
10 years (3 salaries)	₹3.2 L/yr - ₹10 L/yr

View all

From

Clerk

₹

Lakhs/yr

0 - 10 years exp.

Branch Manager

₹

Lakhs/yr

10 - 12 years exp.

Clerk 0 - 10 years exp.

Assistant Manager 6 - 13 years exp.

63% hike

Branch Manager 10 - 12 years exp.

42% hike

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 36 employees for salary & benefits

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.

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.

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.

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

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...

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

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.

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹3.2 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 78% more than the average Clerk Salary in India. Salary estimates are based on 63 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 78% 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
South Indian Bank Clerk Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Karnataka Bank Clerk Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
Yes Bank Clerk Salary - ₹3.1 Lakhs to ₹6.0 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 ₹47,487 per month to ₹48,611 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Clerk salary in India which ranges between ₹3.2 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Clerk at Tamilnad Mercantile Bank?

According to AmbitionBox, 57% of the Tamilnad Mercantile Bank Clerks reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Clerk Salaries

Tamilnad Mercantile Bank Clerk salary in India ranges between ₹3.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 63 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Clerk salaries in India

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 Coimbatore

Clerk in Bangalore / Bengaluru

Credit Manager in Chennai

Branch Manager in Chennai

Assistant Manager in Chennai

Tamilnad Mercantile Bank Clerk Salary FAQs

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Tamilnad Mercantile Bank Clerk Salaries by Location