Tamilnad Mercantile Bank Probationary Officer Salaries by 3 Employees (Updated 2025)

3 - 9 years exp.

₹3.6 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Probationary Officer Salary in Banking Companies for 3 - 9 years of experience

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Salaries in different departments

Finance & Accounting Probationary Officer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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Marketing & Communication Probationary Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 30 Sep 2024

Companies similar to Tamilnad Mercantile Bank for Probationary Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Probationary Officer Salary 0 - 5 years exp. (105 salaries)	₹0.6 L/yr - ₹6 L/yr 38% less
HDFC Bank Probationary Officer Salary Fresher (4 salaries)	₹3 L/yr - ₹4.5 L/yr 43% less
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Axis Bank Probationary Officer Salary 0 - 1 year exp. (3 salaries)	₹4 L/yr - ₹8.2 L/yr 27% less
Yes Bank Probationary Officer Salary 0 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹5.8 L/yr 29% less
Federal Bank Probationary Officer Salary 0 - 2 years exp. (260 salaries)	₹6 L/yr - ₹15.2 L/yr 93% more
South Indian Bank Probationary Officer Salary 0 - 4 years exp. (129 salaries)	₹5 L/yr - ₹14.1 L/yr 59% more
Karnataka Bank Probationary Officer Salary 0 - 4 years exp. (33 salaries)	₹6 L/yr - ₹11 L/yr 41% more
City Union Bank Probationary Officer Salary 0 - 4 years exp. (12 salaries)	₹4 L/yr - ₹6.5 L/yr 19% less
Punjab & Sind Bank Probationary Officer Salary 0 - 3 years exp. (5 salaries)	₹4 L/yr - ₹10.1 L/yr 26% more
TJSB Sahakari Bank Probationary Officer Salary 1 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.5 L/yr 48% less
CSB Bank Probationary Officer Salary 0 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹5.2 L/yr 38% less
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Karur Vysya Bank Probationary Officer Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹6.6 L/yr 15% less
ESAF Small Finance Bank Probationary Officer Salary 1 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 59% less

Probationary Officer salary at Tamilnad Mercantile Bank ranges between ₹3.6 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Probationary Officer salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 1 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

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

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

Senior Manager in Madurai

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

Skill development - Bad

+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 Officer Salary FAQs

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

According to AmbitionBox, 100% of the Tamilnad Mercantile Bank Probationary Officers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Probationary Officer Salaries

Tamilnad Mercantile Bank Probationary Officer salary in India ranges between ₹3.6 Lakhs to ₹8 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.