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Tamilnad Mercantile Bank Clerk Staff salaries in Chennai

Annual salary range
0 - 2 years exp.
₹4 Lakhs - ₹4.8 Lakhs
Salary of majority employees
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20% more than the average Clerk Staff Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 10 Apr 2024

Clerk Staff salary at Tamilnad Mercantile Bank ranges between ₹4 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Clerk Staff in Chennai

11mo ago
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5 months exp.
1y ago
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2 years exp.
1y ago
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2 years exp.
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1 year exp.

Experience wise Tamilnad Mercantile Bank Clerk Staff salaries in Chennai

Last Updated: 10 Apr 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
1 year (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Tamilnad Mercantile Bank

Full Time

 · 

IT & Information Security Department

2.0
  •  posted on 15 Mar 2025

1.0
 for  Salary and Benefits

Likes

Overall all other teams are good but there is team called Server Team which is the worst team I have ever worked nothing is proper in that team worst Manager one will do anything for his ego

read more
  • Job security - Good

Dislikes

Very worst team don't ever join Server Team in TMB rest any team you can join if salary is not an issue

read more
  • Salary - Bad
  • +5 more

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

 · 

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

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  • 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...

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  • 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.

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  • 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.

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  • Skill development - Poor
  • +3 more
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Tamilnad Mercantile Bank Clerk Staff Salary FAQs

What is the salary of Clerk Staff at Tamilnad Mercantile Bank in Chennai?
The average salary of a Clerk Staff at Tamilnad Mercantile Bank in Chennai typically ranges from ₹4.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Clerk Staff in Chennai at Tamilnad Mercantile Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Clerk Staff 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 4 Tamilnad Mercantile Bank employees in India.
What is the estimated take home salary of a Clerk Staff at Tamilnad Mercantile Bank in Chennai?
The estimated take-home salary of a Clerk Staff at Tamilnad Mercantile Bank in Chennai typically ranges from ₹33,207 to ₹34,474 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of Tamilnad Mercantile Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Clerk Staff at Tamilnad Mercantile Bank in Chennai?
The salary growth for a Clerk Staff at Tamilnad Mercantile Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Clerk Staff in Chennai can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience Average Salary Range
Fresher ₹3.7 Lakhs to ₹4.7 Lakhs per year
1 year ₹3.9 Lakhs to ₹5.0 Lakhs per year
2 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
and so on.

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Tamilnad Mercantile Bank Clerk Staff salary in Chennai ranges between ₹4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.