Tamilnad Mercantile Bank Thoothukudi Manager Salaries by 3 Employees (Updated 2025)

10 - 11 years exp.

₹13.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

29% more than the average Manager Salary in Banking Companies for 10 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹18 L/yr
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Finance & Accounting Manager Salary 10 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹15.1 L/yr

Last Updated: 24 Mar 2025

Companies similar to Tamilnad Mercantile Bank for Manager in Thoothukudi

Tamilnad Mercantile Bank Manager Salary

10 - 11 years exp. (3 salaries)

₹13.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Power Mech Projects Manager Salary 13 - 16 years exp. (8 salaries)	₹9 L/yr - ₹13.4 L/yr 20% less
Megha Engineering & Infrastructures Manager Salary 12 - 17 years exp. (7 salaries)	₹13 L/yr - ₹18.5 L/yr 3% more
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Coastal Energen Manager Salary 15 - 19 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 21% less
Steag Energy Services Manager Salary 14 - 16 years exp. (5 salaries)	₹11.2 L/yr - ₹14.5 L/yr 1% less
Fauna International Manager Salary 18 - 21 years exp. (4 salaries)	₹7 L/yr - ₹7.6 L/yr 49% less

Manager salary at Tamilnad Mercantile Bank ranges between ₹13.5 Lakhs to ₹18 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Manager salaries in Thoothukudi

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
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11 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Clerk Salary

(6 salaries)

₹3.9 L/yr - ₹9 L/yr

Salary related reviews for Tamilnad Mercantile Bank

5.0

Rated by 1 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.

Infrastructure Engineer in Chennai

Full Time

IT & Information Security Department

2.0

• posted on 15 Mar 2025

1.0

for Salary and Benefits

Likes

Overall all other teams are good but there is team called Server Team which is the worst team I have ever worked nothing is proper in that team worst Manager one will do anything for his ego

Job security - Good

Dislikes

Very worst team don't ever join Server Team in TMB rest any team you can join if salary is not an issue

Salary - Bad

+5 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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tamilnad Mercantile Bank Manager Salary FAQs

How the salary growth look like for a Manager at Tamilnad Mercantile Bank in Thoothukudi?

The salary growth for a Manager at Tamilnad Mercantile Bank in Thoothukudi depends on factors such as experience, performance, and promotions. On average, a Manager in Thoothukudi can expect the following growth trajectory at Tamilnad Mercantile Bank:

Experience	Average Salary Range
10 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
11 years	₹13.1 Lakhs to ₹16.7 Lakhs per year

and so on.

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Tamilnad Mercantile Bank Manager Salaries in Thoothukudi

Tamilnad Mercantile Bank Manager salary in Thoothukudi ranges between ₹13.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.