Tamilnad Mercantile Bank Probationary Clerk Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹3.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Probationary Clerk Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Probationary Clerk Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.3 L/yr
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Customer Success, Service & Operations Probationary Clerk Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.2 L/yr

Last Updated: 28 Nov 2024

Companies similar to Tamilnad Mercantile Bank for Probationary Clerk

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Probationary Clerk Salary 0 - 2 years exp. (31 salaries)	₹4 L/yr - ₹5.6 L/yr 1% less
City Union Bank Probationary Clerk Salary 0 - 4 years exp. (21 salaries)	₹2 L/yr - ₹4.6 L/yr 35% less
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Karnataka Bank Probationary Clerk Salary Fresher (4 salaries)	₹4.4 L/yr - ₹5.3 L/yr 3% more
Canara Bank Probationary Clerk Salary 2 years exp. (3 salaries)	₹2.3 L/yr - ₹3.9 L/yr 38% less
The Surat District Co-Op. Bank Probationary Clerk Salary 3 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 63% less

Probationary Clerk salary at Tamilnad Mercantile Bank ranges between ₹3.8 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Probationary Clerk salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.8 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

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₹7.2 L/yr - ₹9.2 L/yr

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Data Entry Operator Salary

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₹1.08 L/yr - ₹2 L/yr

Relationship Manager Salary

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₹7.7 L/yr - ₹9.9 L/yr

Banking Officer Salary

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₹6 L/yr - ₹12.5 L/yr

Cashier Salary

(4 salaries)

₹6 L/yr - ₹6.72 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Clerical Staff Salary

(13 salaries)

₹3.7 L/yr - ₹6.3 L/yr

Officer Salary

(3 salaries)

₹5.5 L/yr - ₹13.6 L/yr

Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 2 employees for salary & benefits

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

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

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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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 Probationary Clerk Salary FAQs

What is the salary of Probationary Clerk at Tamilnad Mercantile Bank?

Probationary Clerk salary at Tamilnad Mercantile Bank in India ranges between ₹3.8 Lakhs to ₹6.2 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 22% more than the average Probationary Clerk Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Probationary Clerk at Tamilnad Mercantile Bank is 22% more than the average salary of a Probationary Clerk in India. To know exact salary insights, login to view.

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

Karnataka Bank Probationary Clerk Salary - ₹4.4 Lakhs to ₹5.3 Lakhs per year

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

South Indian Bank Probationary Clerk Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
City Union Bank Probationary Clerk Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
Canara Bank Probationary Clerk Salary - ₹2.3 Lakhs to ₹3.9 Lakhs per year
The Surat District Co-Op. Bank Probationary Clerk Salary - ₹1.6 Lakhs to ₹2.1 Lakhs per year

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

The estimated take-home salary of a Probationary Clerk at Tamilnad Mercantile Bank ranges between ₹36,471 per month to ₹37,689 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Probationary Clerk salary in India which ranges between ₹3.8 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Probationary Clerk at Tamilnad Mercantile Bank?

According to AmbitionBox, 83% of the Tamilnad Mercantile Bank Probationary Clerks reported a notice period of 3 Months, 17% reported a notice period of More than 3 months.This is based on 12 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Probationary Clerk Salaries

Tamilnad Mercantile Bank Probationary Clerk salary in India ranges between ₹3.8 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.