Tamilnad Mercantile Bank Credit Manager Salaries by 2 Employees (Updated 2025)

5 - 12 years exp.

₹12.2 Lakhs - ₹15.6 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 8 Dec 2024

Companies similar to Tamilnad Mercantile Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Credit Manager Salary 1 - 12 years exp. (82 salaries)	₹6 L/yr - ₹16 L/yr 25% less
South Indian Bank Credit Manager Salary 4 - 11 years exp. (29 salaries)	₹9 L/yr - ₹21 L/yr 9% more
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City Union Bank Credit Manager Salary 3 - 14 years exp. (16 salaries)	₹8.5 L/yr - ₹15.5 L/yr 16% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (87 salaries)	₹10 L/yr - ₹20 L/yr 12% more
Karnataka Bank Credit Manager Salary 0 - 11 years exp. (9 salaries)	₹10.5 L/yr - ₹15 L/yr 3% less
DCB Bank Credit Manager Salary 2 - 12 years exp. (141 salaries)	₹3.5 L/yr - ₹12 L/yr 45% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (676 salaries)	₹3 L/yr - ₹13 L/yr 44% less	1 job opening
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	₹2.4 L/yr - ₹11.3 L/yr 54% less
Bandhan Bank Credit Manager Salary 0 - 11 years exp. (401 salaries)	₹2.5 L/yr - ₹10 L/yr 56% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	₹4.2 L/yr - ₹14.6 L/yr 38% less	1 job opening
Suryoday Small Finance Bank Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹3 L/yr - ₹8.9 L/yr 61% less	1 job opening
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Standard Chartered Credit Manager Salary 4 - 12 years exp. (55 salaries)	₹7 L/yr - ₹22 L/yr 1% less
ANZ Banking Group Credit Manager Salary 3 - 15 years exp. (49 salaries)	₹7.1 L/yr - ₹23 L/yr 9% more
CSB Bank Credit Manager Salary 0 - 7 years exp. (37 salaries)	₹4.5 L/yr - ₹12 L/yr 40% less
The Saraswat Co-operative Bank Credit Manager Salary 0 - 12 years exp. (24 salaries)	₹6.5 L/yr - ₹11.7 L/yr 37% less
DBS Bank Credit Manager Salary 3 - 13 years exp. (19 salaries)	₹7.2 L/yr - ₹26.3 L/yr 8% more
ESAF Small Finance Bank Credit Manager Salary 0 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹9 L/yr 59% less
Baroda Global Shared Services Credit Manager Salary 3 - 16 years exp. (7 salaries)	₹4.3 L/yr - ₹8.5 L/yr 53% less
The Cosmos Co-operative Bank Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹9.2 L/yr - ₹11.6 L/yr 29% less
SVC Co-Operative Bank Credit Manager Salary 8 - 11 years exp. (6 salaries)	₹9.4 L/yr - ₹15.3 L/yr 21% less

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Credit Manager salary at Tamilnad Mercantile Bank ranges between ₹12.2 Lakhs to ₹15.6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Tamilnad Mercantile Bank.

Similar Designation salaries in Tamilnad Mercantile Bank

Credit Officer Salary

(6 salaries)

₹7.5 L/yr - ₹10.5 L/yr

Branch Manager Salary

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₹11.5 L/yr - ₹17.52 L/yr

Chief Manager Salary

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₹12 L/yr - ₹17.5 L/yr

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Branch Credit Manager Salary

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₹5.9 L/yr - ₹7.6 L/yr

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Officer Salary

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Senior Associate Salary

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Top skills at Tamilnad Mercantile Bank for Credit Manager

Analytical Ability Agriculture Credit Forecasting Banking Retail Credit

Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 4 employees for salary & benefits

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

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

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

Senior Manager in Madurai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2023

5.0

for Salary and Benefits

Likes

Good package you will get.

Salary - Excellent

+2 more

Dislikes

No proper working culture. Always they believe leaving office late and coming during holidays to office is obedient to higher officials, they don't care you give business or not

Skill development - Bad

+3 more

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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 Credit Manager Salary FAQs

What is the notice period for Credit Manager at Tamilnad Mercantile Bank?

According to AmbitionBox, 71% of the Tamilnad Mercantile Bank Credit Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Credit Manager Salaries

Tamilnad Mercantile Bank Credit Manager salary in India ranges between ₹12.2 Lakhs to ₹15.6 Lakhs. This is an estimate based on latest salaries received from employees of Tamilnad Mercantile Bank.