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Tamilnad Mercantile Bank Credit Officer salaries in India (Updated 2025)

Annual salary range
5 - 14 years exp.
₹7.5 Lakhs - ₹10.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (78%)
₹7.3 Lakhs
Variable (22%)
₹2.0 Lakhs
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158% more than the average Credit Officer Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
14 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Administration & Facilities
Credit Officer Salary
9 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 4 Jan 2025

Companies similar to Tamilnad Mercantile Bank for Credit Officer

Company name Avg Annual Salary Open Jobs
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Karur Vysya Bank Credit Officer Salary

2 - 12 years exp. (30 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 14% more
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South Indian Bank Credit Officer Salary

1 - 11 years exp. (10 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 33% more
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City Union Bank Credit Officer Salary

3 - 10 years exp. (23 salaries)

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₹3.5 L/yr - ₹12.3 L/yr

arrow icon 21% less
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Federal Bank Credit Officer Salary

0 - 6 years exp. (21 salaries)

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₹5.1 L/yr - ₹16 L/yr

arrow icon 16% more
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Karnataka Bank Credit Officer Salary

3 - 11 years exp. (19 salaries)

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₹7 L/yr - ₹12 L/yr

arrow icon 6% more
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DCB Bank Credit Officer Salary

2 - 7 years exp. (11 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 66% less
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IDFC FIRST Bank Credit Officer Salary

0 - 6 years exp. (38 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 70% less
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RBL Bank Credit Officer Salary

0 - 7 years exp. (169 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 70% less
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (36 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 64% less
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Yes Bank Credit Officer Salary

2 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 69% less
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ESAF Small Finance Bank Credit Officer Salary

1 - 8 years exp. (56 salaries)

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₹1.8 L/yr - ₹5.8 L/yr

arrow icon 60% less
2 job openings
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ANZ Banking Group Credit Officer Salary

0 - 8 years exp. (52 salaries)

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₹4.1 L/yr - ₹10 L/yr

arrow icon 7% less
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TJSB Sahakari Bank Credit Officer Salary

3 - 12 years exp. (49 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 33% less
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₹2 L/yr - ₹3.3 L/yr

arrow icon 70% less
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₹1.6 L/yr - ₹3 L/yr

arrow icon 77% less
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Standard Chartered Credit Officer Salary

1 - 7 years exp. (16 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 72% less
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 66% less
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CSB Bank Credit Officer Salary

0 - 7 years exp. (12 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 71% less
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Dhanlaxmi Bank Credit Officer Salary

0 - 13 years exp. (9 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 42% less
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Mizuho Bank Credit Officer Salary

3 - 6 years exp. (7 salaries)

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₹7.1 L/yr - ₹8.8 L/yr

arrow icon 19% less
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Credit Officer salary at Tamilnad Mercantile Bank ranges between ₹7.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Credit Officer

1mo ago
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14 years exp.
1mo ago
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10 years exp.
8mo ago
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8 years exp.
1y ago
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9 years exp.
1y ago
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9 years exp.

Experience wise Tamilnad Mercantile Bank Credit Officer salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
8 years (AmbitionBox Estimate)

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₹9 L/yr - ₹16.7 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹10.5 L/yr
View all

Similar Designation salaries in Tamilnad Mercantile Bank

Credit Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Credit Analyst Salary
(6 salaries)
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₹6 L/yr - ₹14 L/yr
Officer Salary
(3 salaries)
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₹5.5 L/yr - ₹13.6 L/yr
Branch Manager Salary
(14 salaries)
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₹11.5 L/yr - ₹17.52 L/yr
Chief Manager Salary
(7 salaries)
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₹12 L/yr - ₹17.5 L/yr
Branch Credit Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Assistant Vice President Salary
(AmbitionBox Estimate)
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₹21.2 L/yr - ₹27 L/yr

Salary related reviews for Tamilnad Mercantile Bank

5.0

Rated by 1 employees for salary & benefits

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

read more
  • 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...

read more
  • 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.

read more
  • Skill development - Poor
  • +3 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

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.

read more
  • Skill development - Poor
  • +3 more

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

read more
  • Skill development - Bad
  • +3 more
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Tamilnad Mercantile Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at Tamilnad Mercantile Bank?
Credit Officer salary at Tamilnad Mercantile Bank in India ranges between ₹7.5 Lakhs to ₹10.5 Lakhs for experience between 5 years to 14 years. According to our estimates it is 158% more than the average Credit Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Tamilnad Mercantile Bank India.
How does the salary of a Credit Officer at Tamilnad Mercantile Bank India compare with the average salary range for this job?
The average salary of a Credit Officer at Tamilnad Mercantile Bank is 158% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Tamilnad Mercantile Bank to a Credit Officer in India?
  • South Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
  • Punjab & Sind Bank Credit Officer Salary - ₹7.5 Lakhs to ₹19.2 Lakhs per year
  • Federal Bank Credit Officer Salary - ₹5.1 Lakhs to ₹16.0 Lakhs per year
  • Karur Vysya Bank Credit Officer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
  • Karnataka Bank Credit Officer Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Credit Officer in companies similar to Tamilnad Mercantile Bank in India?
  • ANZ Banking Group Credit Officer Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year
  • SVC Co-Operative Bank Credit Officer Salary - ₹6.5 Lakhs to ₹10.9 Lakhs per year
  • Mizuho Bank Credit Officer Salary - ₹7.1 Lakhs to ₹8.8 Lakhs per year
  • City Union Bank Credit Officer Salary - ₹3.5 Lakhs to ₹12.3 Lakhs per year
  • TJSB Sahakari Bank Credit Officer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Credit Officer at Tamilnad Mercantile Bank in India?
The estimated take-home salary of a Credit Officer at Tamilnad Mercantile Bank ranges between ₹67,840 per month to ₹69,579 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Credit Officer salary in India which ranges between ₹7.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Credit Officer at Tamilnad Mercantile Bank?
According to AmbitionBox, 67% of the Tamilnad Mercantile Bank Credit Officers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Tamilnad Mercantile Bank Credit Officer salary in India ranges between ₹7.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.