Tamilnad Mercantile Bank Officer Scale 1 Salaries by Employees (Updated 2025)

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₹7.7 Lakhs - ₹9.8 Lakhs

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Salary of majority employees

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Last Updated: 10 Sep 2023

Companies similar to Tamilnad Mercantile Bank for Officer Scale 1

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Officer Scale 1 Salary 1 - 12 years exp. (9 salaries)	₹5.5 L/yr - ₹12.2 L/yr 10% more
South Indian Bank Officer Scale 1 Salary 2 - 6 years exp. (9 salaries)	₹7 L/yr - ₹10.5 L/yr 3% more
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City Union Bank Officer Scale 1 Salary 3 - 8 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 5% less
Federal Bank Officer Scale 1 Salary 0 - 2 years exp. (14 salaries)	₹6.2 L/yr - ₹10 L/yr 9% more
Karnataka Bank Officer Scale 1 Salary 0 - 10 years exp. (30 salaries)	₹6 L/yr - ₹13.3 L/yr 13% more
Punjab & Sind Bank Officer Scale 1 Salary 5 - 8 years exp. (4 salaries)	₹6 L/yr - ₹14 L/yr 1% less
DBS Bank Officer Scale 1 Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.4 L/yr 41% less

Officer Scale 1 salary at Tamilnad Mercantile Bank ranges between ₹7.7 Lakhs to ₹9.8 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Tamilnad Mercantile Bank.

Similar Designation salaries in Tamilnad Mercantile Bank

Clerk Salary

(66 salaries)

₹2.4 L/yr - ₹9.6 L/yr

Clerical Staff Salary

(13 salaries)

₹3.7 L/yr - ₹6.3 L/yr

Chief Manager Salary

(7 salaries)

₹12 L/yr - ₹17.5 L/yr

FSE Salary

(7 salaries)

₹1 L/yr - ₹2 L/yr

Customer Support Executive Salary

(5 salaries)

₹1.8 L/yr - ₹4.6 L/yr

Computer Operator and Clerk Salary

(4 salaries)

₹4.05 L/yr - ₹8.1 L/yr

Office Assistant Salary

(4 salaries)

₹2 L/yr - ₹9.3 L/yr

Agriculture Officer Salary

(4 salaries)

₹8 L/yr - ₹8.5 L/yr

Cashier Salary

(4 salaries)

₹6 L/yr - ₹6.72 L/yr

Data Entry Operator Salary

(4 salaries)

₹1.08 L/yr - ₹2 L/yr

Salary related reviews for Tamilnad Mercantile Bank

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

Clerk in Coimbatore

Full Time

Finance & Accounting Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

...ke here... Don't waste your time for looking a job from here.... It's an hell... They won't gave a 30k salary as without pressure... And targets... This is working place is not suitable for long life survival... To be very frankly...

Dislikes

All these things.... The co worker also have useless attitude... Always being with very pressurized environment... You are required to work a multiple works... And Here there is no way for work life balance... You'll be sacrifice your dreams as well as everything... If possible please don't think about bank job.

Salary - Bad

+6 more

Clerical Staff in Surat

Finance & Accounting Department

1.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

No likes

Dislikes

No concern on staff welfare, no transperancy on transfer policy, no learning process , politics , low salary but heavy work, timing is min 12 hours per day. No native place posting , working on holidays.

Salary - Bad

+6 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.

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

see more salary related reviews

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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 Officer Scale 1 Salary FAQs

What is the notice period for Officer Scale 1 at Tamilnad Mercantile Bank?

According to AmbitionBox, 100% of the Tamilnad Mercantile Bank Officer Scale 1s reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Officer Scale 1 Salaries

Tamilnad Mercantile Bank Officer Scale 1 salary in India ranges between ₹7.7 Lakhs to ₹9.8 Lakhs. This is an estimate based on latest salaries received from employees of Tamilnad Mercantile Bank.