Tamilnad Mercantile Bank Manager Salaries by 30+ Employees (Updated 2025)

9 - 15 years exp.

₹10 Lakhs - ₹20 Lakhs

Salary of majority employees

16% less than the average Manager Salary in Banking Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 9 - 15 years exp. (12 salaries)	₹10.2 L/yr - ₹18 L/yr
Customer Success, Service & Operations Manager Salary 10 - 15 years exp. (7 salaries)	₹10 L/yr - ₹18 L/yr
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Finance & Accounting Manager Salary 10 - 15 years exp. (6 salaries)	₹11 L/yr - ₹20 L/yr
IT & Information Security Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹13.2 L/yr - ₹15 L/yr

Last Updated: 31 Jan 2025

Companies similar to Tamilnad Mercantile Bank for Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (10.2k salaries)	₹5 L/yr - ₹14.5 L/yr 31% less
ICICI Bank Manager Salary 0 - 18 years exp. (4.8k salaries)	₹5.5 L/yr - ₹18.5 L/yr 12% less	2 job openings
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹4.9 L/yr - ₹14 L/yr 29% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 41% less
Yes Bank Manager Salary 0 - 17 years exp. (2.6k salaries)	₹4.3 L/yr - ₹13.4 L/yr 36% less
IndusInd Bank Manager Salary 0 - 16 years exp. (1.8k salaries)	₹2.6 L/yr - ₹11 L/yr 47% less	1 job opening
Federal Bank Manager Salary 4 - 12 years exp. (246 salaries)	₹7.8 L/yr - ₹23 L/yr 20% more
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (1.4k salaries)	₹3.5 L/yr - ₹15 L/yr 39% less
RBL Bank Manager Salary 1 - 16 years exp. (762 salaries)	₹4.2 L/yr - ₹15 L/yr 36% less
Bandhan Bank Manager Salary 1 - 16 years exp. (619 salaries)	₹3.5 L/yr - ₹12.3 L/yr 43% less
Standard Chartered Manager Salary 2 - 20 years exp. (2k salaries)	₹7 L/yr - ₹28.7 L/yr 28% more
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Karur Vysya Bank Manager Salary 6 - 14 years exp. (287 salaries)	₹7 L/yr - ₹22 L/yr 6% more
South Indian Bank Manager Salary 6 - 14 years exp. (253 salaries)	₹7.5 L/yr - ₹25 L/yr 27% more
DCB Bank Manager Salary 5 - 16 years exp. (217 salaries)	₹4 L/yr - ₹14 L/yr 35% less
The Saraswat Co-operative Bank Manager Salary 5 - 17 years exp. (158 salaries)	₹5.5 L/yr - ₹18.7 L/yr 19% less
CSB Bank Manager Salary 2 - 13 years exp. (122 salaries)	₹2.8 L/yr - ₹12.5 L/yr 43% less
Fino Payments Bank Manager Salary 1 - 19 years exp. (119 salaries)	₹3.5 L/yr - ₹13.8 L/yr 41% less
Paytm Payments Bank Manager Salary 2 - 13 years exp. (93 salaries)	₹7 L/yr - ₹30 L/yr 25% more
ANZ Banking Group Manager Salary 8 - 16 years exp. (78 salaries)	₹12 L/yr - ₹31.7 L/yr 35% more
Suryoday Small Finance Bank Manager Salary 6 - 13 years exp. (64 salaries)	₹4.5 L/yr - ₹14.5 L/yr 32% less

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Manager salary at Tamilnad Mercantile Bank ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 32 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Manager salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
9 years (7 salaries)	₹11 L/yr - ₹17 L/yr
10 years (12 salaries)	₹10 L/yr - ₹18 L/yr
Login to view exact salary
11 years (4 salaries)	₹10.2 L/yr - ₹16 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.7 L/yr
15+ years (4 salaries)	₹10.5 L/yr - ₹20 L/yr

View all

Similar Designation salaries in Tamilnad Mercantile Bank

Credit Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Deputy General Manager Salary

(4 salaries)

₹8 L/yr - ₹29 L/yr

Salary related reviews for Tamilnad Mercantile Bank

3.9

Rated by 7 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

Deputy General Manager in Tuticorin, Tamil Nadu

Risk Management & Compliance Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Compensation is comparatively better when compared to the peer bankers. Commitment to the bank is there among the staff of the bank which helps to get more work done from them for the development of the bank.

Salary - Excellent

+6 more

Dislikes

I have nothing to dislike.

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

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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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Tamilnad Mercantile Bank Manager Salary FAQs

What is the salary of Manager at Tamilnad Mercantile Bank?

Manager salary at Tamilnad Mercantile Bank in India ranges between ₹10.0 Lakhs to ₹20.0 Lakhs for experience between 9 years to 15 years. According to our estimates it is 16% less than the average Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Manager at Tamilnad Mercantile Bank is 16% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tamilnad Mercantile Bank to a Manager in India?

State Street Bank Manager Salary - ₹10.3 Lakhs to ₹28.0 Lakhs per year
ANZ Banking Group Manager Salary - ₹12.0 Lakhs to ₹31.7 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.7 Lakhs per year
South Indian Bank Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Manager in companies similar to Tamilnad Mercantile Bank in India?

Federal Bank Manager Salary - ₹7.8 Lakhs to ₹23.0 Lakhs per year
Punjab & Sind Bank Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
SVC Co-Operative Bank Manager Salary - ₹7.9 Lakhs to ₹20.0 Lakhs per year
Karnataka Bank Manager Salary - ₹8.7 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Manager at Tamilnad Mercantile Bank in India?

The estimated take-home salary of a Manager at Tamilnad Mercantile Bank ranges between ₹95,083 per month to ₹97,646 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Manager salary in India which ranges between ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the Tamilnad Mercantile Bank Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Manager Salaries

Tamilnad Mercantile Bank Manager salary in India ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

Tamilnad Mercantile Bank Manager salaries in India

Companies similar to Tamilnad Mercantile Bank for Manager

Latest annual salaries shared by Tamilnad Mercantile Bank Manager

Experience wise Tamilnad Mercantile Bank Manager salaries

Similar Designation salaries in Tamilnad Mercantile Bank

Salary related reviews for Tamilnad Mercantile Bank

Credit Manager in Chennai

Deputy General Manager in Tuticorin, Tamil Nadu

Clerk in Bangalore / Bengaluru

Branch Manager in Chennai

Assistant Manager in Chennai

Tamilnad Mercantile Bank Manager Salary FAQs

Tell us how to improve this page.

Tamilnad Mercantile Bank Manager Salaries by Location