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Tamilnad Mercantile Bank

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2.8

based on 200 Reviews

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Madurai
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Tamilnad Mercantile Bank Salaries in Madurai (Updated 2025)

based on 39 latest salaries
Explore Salaries by Departments
Customer Success, Service & Operations Finance & Accounting
Designation Avg Annual Salary Open Jobs

Telecaller Agent

0 - 1 year exp. · Madurai (3 salaries)
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₹1.1 L/yr - ₹1.5 L/yr

FSE

2 - 3 years exp. · Madurai (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2 L/yr

Customer Care Executive

1 - 2 years exp. · Madurai (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.7 L/yr

Office Assistant

10 - 11 years exp. · Madurai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.6 L/yr

Starting your career? Discover Tamilnad Mercantile Bank fresher salaries in India

Assistant Credit Controller

8 - 12 years exp. · Madurai (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

Branch Manager Scale 2

12 - 14 years exp. · Madurai (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.5 L/yr

Assistant General Manager

27 years exp. · Madurai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Assistant Branch Manager

5 years exp. · Madurai (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Floor Manager

2 years exp. · Madurai (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Assistant Manager LAW

9 years exp. · Madurai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Back Office Executive

3 years exp. · Madurai (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.7 L/yr

Financial Reporting Manager

1 year exp. · Madurai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Mortgage Loan Officer

22 years exp. · Madurai (AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr

Accountant Cashier

2 years exp. · Madurai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Assistant Manager 1

4 years exp. · Madurai (AmbitionBox Estimate)
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₹11.4 L/yr - ₹14.6 L/yr

Assistant Manager

7 - 13 years exp. · Madurai (8 salaries)
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₹7.3 L/yr - ₹12.8 L/yr

Senior Manager

12 - 29 years exp. · Madurai (3 salaries)
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₹16 L/yr - ₹19 L/yr

Manager

10 - 14 years exp. · Madurai (3 salaries)
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₹13 L/yr - ₹15.5 L/yr

Banker

2 - 8 years exp. · Madurai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹6.4 L/yr

Office Peon

4 years exp. · Madurai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Last Updated: 22 Mar, 2025

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Salary related reviews for Tamilnad Mercantile Bank

2.7

Rated by 9 employees for salary & benefits

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

read more
  • Skill development - Bad
    • +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.

read more
  • Salary - Bad
    • +5 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

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

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.

read more
  • 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.

read more
  • Skill development - Poor
    • +3 more
see more salary related reviews

Tamilnad Mercantile Bank interview questions by designations

Clerk (3)Assistant Manager (2)Infrastructure Engineer (1)Data Entry Operator (1)
View all 12 interview experiences

Know more about Tamilnad Mercantile Bank Madurai

More about working at Tamilnad Mercantile Bank

Tamilnad Mercantile Bank Salary FAQs

How much does Tamilnad Mercantile Bank pay to its employees?
The average annual salary at Tamilnad Mercantile Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Tamilnad Mercantile Bank, are as follows:

Telecaller Agent ₹1.1 Lakhs to ₹1.5 Lakhs per year
FSE ₹1.2 Lakhs to ₹2 Lakhs per year
Customer Care Executive ₹1.3 Lakhs to ₹1.7 Lakhs per year
Office Assistant ₹5.2 Lakhs to ₹6.6 Lakhs per year

The highest-paying role, Senior Manager, earns between ₹9.6 Lakhs to ₹19 Lakhs per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. Salaries at Tamilnad Mercantile Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 39 salaries submitted by Tamilnad Mercantile Bank employees. Tamilnad Mercantile Bank is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Tamilnad Mercantile Bank in Madurai?
The salary of a fresher at Tamilnad Mercantile Bank in Madurai typically ranges from ₹3 Lakhs to ₹6.2 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Probationary Clerk Salary ₹4 Lakhs to ₹6.2 Lakhs per year
Fresher as a Bank Clerk Salary ₹3 Lakhs to ₹7.6 Lakhs per year
Fresher as a Senior Customer Service Executive Salary ₹7.5 Lakhs to ₹9.6 Lakhs per year
Fresher as a Cashier Salary ₹6 Lakhs to ₹6.2 Lakhs per year

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Average annual salary in Tamilnad Mercantile Bank , Madurai is INRunlock blur . Salary estimates are based on 39 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

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