Tamilnad Mercantile Bank Mumbai Clerk Salaries by 3 Employees (Updated 2025)

1 - 10 years exp.

₹4 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

75% more than the average Clerk Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Clerk Salary 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.9 L/yr
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Finance & Accounting Clerk Salary 10 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹8.5 L/yr

Last Updated: 21 Oct 2024

Companies similar to Tamilnad Mercantile Bank for Clerk in Mumbai

Tamilnad Mercantile Bank Clerk Salary

1 - 10 years exp. (3 salaries)

₹4 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Clerk Salary 0 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹2.8 L/yr 54% less
Federal Bank Clerk Salary 0 - 4 years exp. (3 salaries)	₹4 L/yr - ₹5.7 L/yr 11% less
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Karur Vysya Bank Clerk Salary 2 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹8 L/yr 2% more
SVC Co-Operative Bank Clerk Salary 1 - 10 years exp. (22 salaries)	₹1.1 L/yr - ₹4 L/yr 55% less
Nkgsb CO-OP Bank Clerk Salary 0 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹5.5 L/yr 46% less
The Cosmos Co-operative Bank Clerk Salary 2 - 10 years exp. (15 salaries)	₹2.2 L/yr - ₹4.5 L/yr 58% less
TJSB Sahakari Bank Clerk Salary 0 - 5 years exp. (13 salaries)	₹1 L/yr - ₹2.1 L/yr 71% less
Karnataka Bank Clerk Salary 0 - 7 years exp. (7 salaries)	₹3.5 L/yr - ₹6 L/yr 12% less

Clerk salary at Tamilnad Mercantile Bank ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk salaries in Mumbai

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.6 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 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 7 - 13 years exp.

77% hike

Branch Manager 10 - 12 years exp.

38% hike

From

1 more level

Clerk

1 - 10 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.

Salary related reviews for Tamilnad Mercantile Bank

3.3

Rated by 4 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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Tamilnad Mercantile Bank Clerk Salary FAQs

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

According to AmbitionBox, 67% of the Tamilnad Mercantile Bank Clerks in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Clerk Salaries in Mumbai

Tamilnad Mercantile Bank Clerk salary in Mumbai ranges between ₹4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.