Tamilnad Mercantile Bank Senior Manager Salaries by 10+ Employees (Updated 2025)

12 - 29 years exp.

₹9.7 Lakhs - ₹19 Lakhs

Salary of majority employees

20% less than the average Senior Manager Salary in Banking Companies for 12 - 29 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 15 - 21 years exp. (5 salaries)	₹8.2 L/yr - ₹18.4 L/yr
Login to view exact salary
Finance & Accounting Senior Manager Salary 12 - 18 years exp. (4 salaries)	₹16 L/yr - ₹19.1 L/yr

Last Updated: 6 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6.1k salaries)	₹8 L/yr - ₹24 L/yr 12% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.6k salaries)	₹8.5 L/yr - ₹28.9 L/yr 1% less
Login to view exact salary
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28 L/yr 6% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (3.5k salaries)	₹5.3 L/yr - ₹19.3 L/yr 27% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.4k salaries)	₹5.9 L/yr - ₹22.1 L/yr 28% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (367 salaries)	₹5.3 L/yr - ₹20 L/yr 33% less
Federal Bank Senior Manager Salary 6 - 14 years exp. (186 salaries)	₹9.6 L/yr - ₹30 L/yr 37% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.4k salaries)	₹7 L/yr - ₹22.4 L/yr 16% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (804 salaries)	₹6 L/yr - ₹20 L/yr 28% less
Bandhan Bank Senior Manager Salary 6 - 18 years exp. (311 salaries)	₹6.5 L/yr - ₹20 L/yr 28% less
Standard Chartered Senior Manager Salary 6 - 21 years exp. (1.8k salaries)	₹13.2 L/yr - ₹46.1 L/yr 66% more
Login to view exact salary
CSB Bank Senior Manager Salary 5 - 15 years exp. (185 salaries)	₹5 L/yr - ₹17 L/yr 42% less
DBS Bank Senior Manager Salary 9 - 18 years exp. (127 salaries)	₹7 L/yr - ₹27.9 L/yr 2% less
DCB Bank Senior Manager Salary 7 - 21 years exp. (126 salaries)	₹6.5 L/yr - ₹19.2 L/yr 32% less	1 job opening
Karur Vysya Bank Senior Manager Salary 9 - 23 years exp. (120 salaries)	₹10.5 L/yr - ₹26 L/yr 1% less
South Indian Bank Senior Manager Salary 7 - 16 years exp. (115 salaries)	₹10 L/yr - ₹24.5 L/yr 13% more
Fino Payments Bank Senior Manager Salary 8 - 17 years exp. (84 salaries)	₹6.4 L/yr - ₹24 L/yr 14% less
The Saraswat Co-operative Bank Senior Manager Salary 10 - 18 years exp. (62 salaries)	₹11.5 L/yr - ₹22 L/yr 6% less
Suryoday Small Finance Bank Senior Manager Salary 8 - 17 years exp. (58 salaries)	₹4.9 L/yr - ₹17 L/yr 32% less	1 job opening
State Street Bank Senior Manager Salary 12 - 19 years exp. (55 salaries)	₹13.3 L/yr - ₹40 L/yr 57% more

View all

Senior Manager salary at Tamilnad Mercantile Bank ranges between ₹9.7 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 29 years. Salary estimates are based on 13 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Senior Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹31 L/yr
13 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹31 L/yr
Login to view exact salary
14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
15+ years (11 salaries)	₹7.8 L/yr - ₹19 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Branch Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Tamilnad Mercantile Bank

4.7

Rated by 3 employees for salary & benefits

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

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

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about Tamilnad Mercantile Bank?

Ask anonymously on communities.

Tamilnad Mercantile Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Tamilnad Mercantile Bank?

Senior Manager salary at Tamilnad Mercantile Bank in India ranges between ₹9.7 Lakhs to ₹19.0 Lakhs for experience between 12 years to 29 years. According to our estimates it is 20% less than the average Senior Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Tamilnad Mercantile Bank India.

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

The average salary of a Senior Manager at Tamilnad Mercantile Bank is 20% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tamilnad Mercantile Bank to a Senior Manager in India?

ANZ Banking Group Senior Manager Salary - ₹23.5 Lakhs to ₹50.7 Lakhs per year
Standard Chartered Senior Manager Salary - ₹13.2 Lakhs to ₹46.1 Lakhs per year
State Street Bank Senior Manager Salary - ₹13.3 Lakhs to ₹40.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹9.6 Lakhs to ₹30.0 Lakhs per year
Paytm Payments Bank Senior Manager Salary - ₹13.8 Lakhs to ₹40.0 Lakhs per year

What is the salary of a Senior Manager in companies similar to Tamilnad Mercantile Bank in India?

South Indian Bank Senior Manager Salary - ₹10.0 Lakhs to ₹24.5 Lakhs per year
Karnataka Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Punjab & Sind Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
City Union Bank Senior Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹10.5 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Tamilnad Mercantile Bank ranges between ₹1,16,573 per month to ₹1,19,830 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Senior Manager salary in India which ranges between ₹9.7 Lakhs to ₹19.0 Lakhs per year for employees with experience between 12 years to 29 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Tamilnad Mercantile Bank?

According to AmbitionBox, 85% of the Tamilnad Mercantile Bank Senior Managers reported a notice period of 3 Months, 15% reported a notice period of 15 days or less.This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Tamilnad Mercantile Bank Senior Manager Salaries by Location

Home >
Salaries >
Tamilnad Mercantile Bank Salaries >
Tamilnad Mercantile Bank Senior Manager Salaries

Tamilnad Mercantile Bank Senior Manager salary in India ranges between ₹9.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.