Tamilnad Mercantile Bank Coimbatore Clerk Salaries by 5 Employees (Updated 2024)

3 - 9 years exp.

₹4.4 Lakhs - ₹9.6 Lakhs

Salary of majority employees

48% more than the average Clerk Salary in Banking Companies for 3 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Clerk Salary 6 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹8.5 L/yr
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Finance & Accounting Clerk Salary 9 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.6 L/yr

Last Updated: 21 Aug 2024

Companies similar to Tamilnad Mercantile Bank for Clerk in Coimbatore

Tamilnad Mercantile Bank Clerk Salary

3 - 9 years exp. (5 salaries)

₹4.4 L/yr - ₹9.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Clerk Salary 2 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹6.2 L/yr 24% less
South Indian Bank Clerk Salary 1 - 7 years exp. (6 salaries)	₹2 L/yr - ₹5 L/yr 30% less
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City Union Bank Clerk Salary 4 - 6 years exp. (5 salaries)	₹3.8 L/yr - ₹4.5 L/yr 37% less
The Cosmos Co-operative Bank Clerk Salary 3 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹5 L/yr 56% less

Clerk salary at Tamilnad Mercantile Bank ranges between ₹4.4 Lakhs to ₹9.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk salaries in Coimbatore

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹10.3 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹12.4 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.6 L/yr

View all

From

Clerk

₹

Lakhs/yr

1 - 10 years exp.

Branch Manager

₹

Lakhs/yr

10 - 12 years exp.

Clerk 1 - 10 years exp.

Assistant Manager 6 - 13 years exp.

58% 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

Chief Manager Salary

(3 salaries)

₹14.85 L/yr - ₹17.5 L/yr

Salary related reviews for Tamilnad Mercantile Bank

4.3

Rated by 2 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.

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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 Coimbatore?

Clerk salary at Tamilnad Mercantile Bank in Coimbatore ranges between ₹4.4 Lakhs to ₹9.6 Lakhs for experience between 3 years to 9 years. According to our estimates it is 48% more than the average Clerk Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank Coimbatore.

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

The average salary of a Clerk at Tamilnad Mercantile Bank is 48% more than the average salary of a Clerk in Coimbatore. To know exact salary insights, login to view.

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

Karur Vysya Bank Clerk Salary - ₹3.2 Lakhs to ₹6.2 Lakhs per year
South Indian Bank Clerk Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
City Union Bank Clerk Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
The Cosmos Co-operative Bank Clerk Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Clerk at Tamilnad Mercantile Bank ranges between ₹51,054 per month to ₹52,258 per month in Coimbatore. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Clerk salary in India which ranges between ₹4.4 Lakhs to ₹9.6 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Tamilnad Mercantile Bank Clerks in Coimbatore reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Clerk Salaries in Coimbatore

Tamilnad Mercantile Bank Clerk salary in Coimbatore ranges between ₹4.4 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.