Tamilnad Mercantile Bank Chennai Clerk Salaries by 10+ Employees (Updated 2025)

1 - 7 years exp.

₹2.5 Lakhs - ₹7 Lakhs

Salary of majority employees

21% more than the average Clerk Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Clerk Salary 1 - 7 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Clerk Salary 1 - 6 years exp. (5 salaries)	₹4.1 L/yr - ₹7 L/yr
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Finance & Accounting Clerk Salary 1 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹7 L/yr

Last Updated: 23 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Clerk in Chennai

Tamilnad Mercantile Bank Clerk Salary

1 - 7 years exp. (19 salaries)

₹2.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Clerk Salary 2 - 7 years exp. (6 salaries)	₹4 L/yr - ₹6.6 L/yr 8% less
City Union Bank Clerk Salary 1 - 9 years exp. (25 salaries)	₹2.2 L/yr - ₹6.5 L/yr 35% less
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DBS Bank Clerk Salary 1 - 11 years exp. (9 salaries)	₹3 L/yr - ₹6.9 L/yr 10% less
South Indian Bank Clerk Salary 0 - 2 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr 20% less
Karnataka Bank Clerk Salary 0 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹5.9 L/yr 11% less

Clerk salary at Tamilnad Mercantile Bank ranges between ₹2.5 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 19 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk salaries in Chennai

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹2.5 L/yr - ₹6 L/yr
2 years (4 salaries)	₹4.1 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
7 years (3 salaries)	₹5 L/yr - ₹6.5 L/yr

View all

From

Clerk

₹

Lakhs/yr

1 - 11 years exp.

Branch Manager

₹

Lakhs/yr

10 - 12 years exp.

Clerk 1 - 11 years exp.

Assistant Manager 6 - 13 years exp.

66% hike

Branch Manager 10 - 12 years exp.

40% hike

From

1 more level

Clerk

1 - 11 years exp.

Manager

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

Clerical Staff Salary

(8 salaries)

₹3.96 L/yr - ₹6.3 L/yr

Customer Support Executive Salary

(4 salaries)

₹3.2 L/yr - ₹4.6 L/yr

Salary related reviews for Tamilnad Mercantile Bank

1.8

Rated by 7 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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Tamilnad Mercantile Bank Clerk Salary FAQs

What is the salary of Clerk at Tamilnad Mercantile Bank Chennai?

Clerk salary at Tamilnad Mercantile Bank in Chennai ranges between ₹2.5 Lakhs to ₹7.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 21% more than the average Clerk Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Tamilnad Mercantile Bank Chennai.

How does the salary of a Clerk at Tamilnad Mercantile Bank Chennai compare with the average salary range for this job?

The average salary of a Clerk at Tamilnad Mercantile Bank is 21% more than the average salary of a Clerk in Chennai. To know exact salary insights, login to view.

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

Karur Vysya Bank Clerk Salary - ₹4.0 Lakhs to ₹6.6 Lakhs per year
DBS Bank Clerk Salary - ₹3.0 Lakhs to ₹6.9 Lakhs per year
Karnataka Bank Clerk Salary - ₹3.8 Lakhs to ₹5.9 Lakhs per year
South Indian Bank Clerk Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
City Union Bank Clerk Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Clerk at Tamilnad Mercantile Bank ranges between ₹44,801 per month to ₹45,894 per month in Chennai. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Clerk salary in India which ranges between ₹2.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 74% of the Tamilnad Mercantile Bank Clerks in Chennai reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Clerk Salaries in Chennai

Tamilnad Mercantile Bank Clerk salary in Chennai ranges between ₹2.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Clerk salaries in Chennai (Updated 2025)

Companies similar to Tamilnad Mercantile Bank for Clerk in Chennai

Latest annual salaries shared by Tamilnad Mercantile Bank Clerk in Chennai

Experience wise Tamilnad Mercantile Bank Clerk salaries in Chennai

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.