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

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)	Unlock ₹2.4 L/yr - ₹6.5 L/yr
Finance & Accounting Clerk Salary 1 - 10 years exp. (15 salaries)	Unlock ₹3.8 L/yr - ₹9.6 L/yr
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Customer Success, Service & Operations Clerk Salary 1 - 9 years exp. (12 salaries)	Unlock ₹4.1 L/yr - ₹8 L/yr
Data Science & Analytics Clerk Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹7.5 L/yr
Administration & Facilities Clerk Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹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)	Unlock ₹0.8 L/yr - ₹8.2 L/yr 44% less
ICICI Bank Clerk Salary 0 - 7 years exp. (13 salaries)	Unlock ₹1.5 L/yr - ₹6.5 L/yr 43% less
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HDFC Bank Clerk Salary 0 - 6 years exp. (36 salaries)	Unlock ₹0.7 L/yr - ₹4.1 L/yr 51% less
Axis Bank Clerk Salary 0 - 8 years exp. (10 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 60% less
Yes Bank Clerk Salary 1 - 10 years exp. (4 salaries)	Unlock ₹3.1 L/yr - ₹6 L/yr 29% less
IDFC FIRST Bank Clerk Salary 0 - 6 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹2.7 L/yr 62% less
Federal Bank Clerk Salary 0 - 6 years exp. (55 salaries)	Unlock ₹4 L/yr - ₹8.5 L/yr 6% less
Karur Vysya Bank Clerk Salary 3 - 10 years exp. (46 salaries)	Unlock ₹2.6 L/yr - ₹8 L/yr At par
The Cosmos Co-operative Bank Clerk Salary 0 - 10 years exp. (95 salaries)	Unlock ₹1 L/yr - ₹5 L/yr 52% less
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TJSB Sahakari Bank Clerk Salary 0 - 4 years exp. (52 salaries)	Unlock ₹1 L/yr - ₹3.2 L/yr 69% less
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South Indian Bank Clerk Salary 0 - 3 years exp. (50 salaries)	Unlock ₹2.2 L/yr - ₹7 L/yr 22% less
City Union Bank Clerk Salary 1 - 9 years exp. (46 salaries)	Unlock ₹2.2 L/yr - ₹6.5 L/yr 43% less
Nkgsb CO-OP Bank Clerk Salary 0 - 10 years exp. (44 salaries)	Unlock ₹1.2 L/yr - ₹6 L/yr 46% less
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DBS Bank Clerk Salary 1 - 20 years exp. (14 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 15% less
Bandhan Bank Clerk Salary 0 - 8 years exp. (6 salaries)	Unlock ₹1.1 L/yr - ₹2.2 L/yr 76% less
Punjab & Sind Bank Clerk Salary 2 - 5 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹5 L/yr 42% less
The Saraswat Co-operative Bank Clerk Salary 1 - 10 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr 39% less
Dhanlaxmi Bank Clerk Salary 8 - 10 years exp. (3 salaries)	Unlock ₹1.7 L/yr - ₹5.6 L/yr 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

3d ago

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1 year exp.

2w ago

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9 years exp.

1mo ago

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3 years exp.

1mo ago

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1 year exp.

2mo ago

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11 years exp.

3mo ago

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3 years exp.

3mo ago

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2 years exp.

3mo ago

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9 years exp.

4mo ago

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2 years exp.

4mo ago

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3 years exp.

Experience wise Tamilnad Mercantile Bank Clerk salaries

Last Updated: 23 Feb 2025

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

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From

Clerk

₹

Lakhs/yr

1 - 11 years exp.

Manager

₹

Lakhs/yr

9 - 15 years exp.

Clerk 1 - 11 years exp.

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Assistant Manager 6 - 13 years exp.

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67% hike

Manager 9 - 15 years exp.

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30% hike

From

View 1 more level

Clerk

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1 - 11 years exp.

Branch Manager

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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)

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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

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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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?

Karur Vysya Bank Clerk Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
Federal Bank Clerk Salary - ₹4.0 Lakhs to ₹8.5 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.

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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

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