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Tamilnad Mercantile Bank Manager M1 salaries in India

Annual salary range
10 - 11 years exp.
₹10 Lakhs - ₹16.1 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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8% more than the average Manager M1 Salary in Banking Companies for 10 - 11 years of experience

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Last Updated: 29 Dec 2024

Companies similar to Tamilnad Mercantile Bank for Manager M1

Company name Avg Annual Salary Open Jobs
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Karur Vysya Bank Manager M1 Salary

6 - 12 years exp. (5 salaries)

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₹6 L/yr - ₹9 L/yr

arrow icon 42% less
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IDFC FIRST Bank Manager M1 Salary

4 - 12 years exp. (44 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 42% less
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RBL Bank Manager M1 Salary

4 - 17 years exp. (19 salaries)

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₹5.7 L/yr - ₹11.9 L/yr

arrow icon 39% less
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Bandhan Bank Manager M1 Salary

9 - 13 years exp. (10 salaries)

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₹7.2 L/yr - ₹9.5 L/yr

arrow icon 34% less
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Yes Bank Manager M1 Salary

1 - 13 years exp. (35 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 40% less
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CSB Bank Manager M1 Salary

7 - 9 years exp. (4 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 55% less
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Standard Chartered Manager M1 Salary

5 - 10 years exp. (6 salaries)

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₹6.9 L/yr - ₹10 L/yr

arrow icon 27% less
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Suryoday Small Finance Bank Manager M1 Salary

10 - 13 years exp. (5 salaries)

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₹8 L/yr - ₹11.3 L/yr

arrow icon 35% less
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Fino Payments Bank Manager M1 Salary

12 - 20 years exp. (5 salaries)

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₹6.4 L/yr - ₹8.6 L/yr

arrow icon 42% less
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ESAF Small Finance Bank Manager M1 Salary

9 - 11 years exp. (4 salaries)

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₹7.2 L/yr - ₹8.2 L/yr

arrow icon 39% less
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TJSB Sahakari Bank Manager M1 Salary

3 - 6 years exp. (4 salaries)

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₹5.7 L/yr - ₹11 L/yr

arrow icon 31% less
Manager M1 salary at Tamilnad Mercantile Bank ranges between ₹10 Lakhs to ₹16.1 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank.

Latest annual salaries shared by Tamilnad Mercantile Bank Manager M1

2mo ago
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11 years exp.
7mo ago
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10 years exp.
1y ago
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11 years exp.
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11 years exp.
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10 years exp.

Experience wise Tamilnad Mercantile Bank Manager M1 salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹10 L/yr - ₹16.1 L/yr
11 years  (3 salaries)

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₹10 L/yr - ₹15 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Area Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Branch Manager Salary
(14 salaries)
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₹11.5 L/yr - ₹17.52 L/yr
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₹12 L/yr - ₹16 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 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

3.0

Rated by 1 employees for salary & benefits

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

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...

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  • Skill development - 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 Manager M1 Salary FAQs

What is the salary of Manager M1 at Tamilnad Mercantile Bank ?
The average salary of a Manager M1 at Tamilnad Mercantile Bank in India typically ranges from ₹10.0 Lakhs to ₹16.1 Lakhs per year, depending on experience (from 10 years to 11 years).

The top 10% of Manager M1 at Tamilnad Mercantile Bank earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹16.1 Lakhs per year. Manager M1 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 estimates are based on salary data submitted by 5 Tamilnad Mercantile Bank employees in India.
What is the estimated take home salary of a Manager M1 at Tamilnad Mercantile Bank in India?
The estimated take-home salary of a Manager M1 at Tamilnad Mercantile Bank in India typically ranges from ₹88,713 to ₹91,042 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹16.1 Lakhs per year for employees with experience ranging from 10 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Tamilnad Mercantile Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Manager M1 in companies similar to Tamilnad Mercantile Bank in India?
The salary of a Manager M1 at companies similar to Tamilnad Mercantile Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered ₹6.9 Lakhs to ₹10.0 Lakhs per year
TJSB Sahakari Bank ₹5.7 Lakhs to ₹11.0 Lakhs per year
Bandhan Bank ₹7.2 Lakhs to ₹9.5 Lakhs per year
Suryoday Small Finance Bank ₹8.0 Lakhs to ₹11.3 Lakhs per year
RBL Bank ₹5.7 Lakhs to ₹11.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Manager M1 at Tamilnad Mercantile Bank in India?
The salary growth for a Manager M1 at Tamilnad Mercantile Bank depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience Average Salary Range
10 years ₹10.0 Lakhs to ₹16.1 Lakhs per year
11 years ₹10.0 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tamilnad Mercantile Bank Manager M1 salary in India ranges between ₹10 Lakhs to ₹16.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.