Tamilnad Mercantile Bank Senior Manager Credit Salaries by 2 Employees

13 - 17 years exp.

₹20.3 Lakhs - ₹25.9 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹20.9 Lakhs

Variable (10%)

₹2.3 Lakhs

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Last Updated: 1 Aug 2024

Companies similar to Tamilnad Mercantile Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	₹10.4 L/yr - ₹33.4 L/yr 5% less
Suryoday Small Finance Bank Senior Manager Credit Salary 1 - 14 years exp. (15 salaries)	₹5.7 L/yr - ₹13.8 L/yr 54% less
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CSB Bank Senior Manager Credit Salary 0 - 15 years exp. (9 salaries)	₹8.2 L/yr - ₹13 L/yr 52% less
Karur Vysya Bank Senior Manager Credit Salary 4 - 14 years exp. (9 salaries)	₹12 L/yr - ₹18.5 L/yr 32% less
The Saraswat Co-operative Bank Senior Manager Credit Salary 9 - 13 years exp. (7 salaries)	₹14 L/yr - ₹17 L/yr 32% less
ANZ Banking Group Senior Manager Credit Salary 8 - 12 years exp. (7 salaries)	₹9.8 L/yr - ₹16.5 L/yr 45% less
South Indian Bank Senior Manager Credit Salary 7 - 13 years exp. (5 salaries)	₹14 L/yr - ₹18.8 L/yr 30% less
ESAF Small Finance Bank Senior Manager Credit Salary 10 - 14 years exp. (4 salaries)	₹15.2 L/yr - ₹17 L/yr 29% less
Deutsche Bank Senior Manager Credit Salary 9 - 15 years exp. (4 salaries)	₹16.9 L/yr - ₹21.6 L/yr 19% less
Sberbank Branch in India Senior Manager Credit Salary 7 - 9 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 22% more
Punjab & Sind Bank Senior Manager Credit Salary 7 - 11 years exp. (3 salaries)	₹13 L/yr - ₹20 L/yr 27% less
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Senior Manager Credit salary at Tamilnad Mercantile Bank ranges between ₹20.3 Lakhs to ₹25.9 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of Tamilnad Mercantile Bank.

Similar Designation salaries in Tamilnad Mercantile Bank

Credit Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Chief Manager Salary

(7 salaries)

₹12 L/yr - ₹17.5 L/yr

Branch Manager Salary

(14 salaries)

₹11.5 L/yr - ₹17.52 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Credit Analyst Salary

(6 salaries)

₹6 L/yr - ₹14 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Credit Officer Salary

(6 salaries)

₹7.5 L/yr - ₹10.5 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Assistant Vice President Salary

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₹21.2 L/yr - ₹27 L/yr

Officer Salary

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Salary related reviews for Tamilnad Mercantile Bank

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

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

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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Tamilnad Mercantile Bank Senior Manager Credit Salary FAQs

How the salary growth look like for a Senior Manager Credit at Tamilnad Mercantile Bank in India?

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

Experience	Average Salary Range
13 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
15 years	₹22.5 Lakhs to ₹28.8 Lakhs per year

and so on.

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Tamilnad Mercantile Bank Senior Manager Credit Salaries

Tamilnad Mercantile Bank Senior Manager Credit salary in India ranges between ₹20.3 Lakhs to ₹25.9 Lakhs. This is an estimate based on latest salaries received from employees of Tamilnad Mercantile Bank.