Tamilnad Mercantile Bank Chennai Senior Manager Salaries by 5 Employees (Updated 2025)

15 - 22 years exp.

₹8.6 Lakhs - ₹19 Lakhs

Salary of majority employees

Fixed (75%)

₹13.2 Lakhs

Variable (25%)

₹4.4 Lakhs

19% less than the average Senior Manager Salary in Banking Companies for 15 - 22 years of experience

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Last Updated: 27 Jan 2025

Companies similar to Tamilnad Mercantile Bank for Senior Manager in Chennai

Tamilnad Mercantile Bank Senior Manager Salary

15 - 22 years exp. (5 salaries)

₹8.6 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (451 salaries)	₹6 L/yr - ₹23 L/yr 19% less
ICICI Bank Senior Manager Salary 2 - 17 years exp. (48 salaries)	₹8 L/yr - ₹25 L/yr 6% less
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Axis Bank Senior Manager Salary 4 - 21 years exp. (248 salaries)	₹7.6 L/yr - ₹24 L/yr 11% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 3 - 18 years exp. (142 salaries)	₹6.2 L/yr - ₹21.5 L/yr 32% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (180 salaries)	₹7.2 L/yr - ₹20 L/yr 34% less
IndusInd Bank Senior Manager Salary 7 - 18 years exp. (30 salaries)	₹6 L/yr - ₹16 L/yr 37% less
Federal Bank Senior Manager Salary 8 - 13 years exp. (10 salaries)	₹14 L/yr - ₹25 L/yr 30% more
IDFC FIRST Bank Senior Manager Salary 5 - 18 years exp. (66 salaries)	₹5.8 L/yr - ₹19.2 L/yr 26% less
RBL Bank Senior Manager Salary 5 - 17 years exp. (36 salaries)	₹7.2 L/yr - ₹16 L/yr 33% less
Standard Chartered Senior Manager Salary 7 - 21 years exp. (693 salaries)	₹13 L/yr - ₹44 L/yr 52% more
DBS Bank Senior Manager Salary 10 - 18 years exp. (55 salaries)	₹9 L/yr - ₹23 L/yr 9% less
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Karur Vysya Bank Senior Manager Salary 9 - 23 years exp. (32 salaries)	₹11 L/yr - ₹21.6 L/yr 7% less
CSB Bank Senior Manager Salary 5 - 15 years exp. (28 salaries)	₹5.5 L/yr - ₹16 L/yr 39% less
DCB Bank Senior Manager Salary 10 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹16.5 L/yr 40% less	1 job opening
City Union Bank Senior Manager Salary 3 - 19 years exp. (9 salaries)	₹15 L/yr - ₹23 L/yr 6% more
South Indian Bank Senior Manager Salary 10 - 16 years exp. (5 salaries)	₹10 L/yr - ₹20 L/yr 12% more
State Street Bank Senior Manager Salary 15 - 18 years exp. (5 salaries)	₹19.3 L/yr - ₹37 L/yr 50% more
Suryoday Small Finance Bank Senior Manager Salary 9 - 17 years exp. (5 salaries)	₹8.5 L/yr - ₹12 L/yr 35% less	1 job opening
Baroda Global Shared Services Senior Manager Salary 12 - 15 years exp. (3 salaries)	₹11.7 L/yr - ₹15.1 L/yr 28% less	1 job opening

Senior Manager salary at Tamilnad Mercantile Bank ranges between ₹8.6 Lakhs to ₹19 Lakhs per year for employees with experience between 15 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Senior Manager salaries in Chennai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹8.6 L/yr - ₹19 L/yr
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Similar Designation salaries in Tamilnad Mercantile Bank

Clerk Salary

(19 salaries)

₹2.5 L/yr - ₹7 L/yr

Clerical Staff Salary

(8 salaries)

₹3.96 L/yr - ₹6.3 L/yr

Customer Support Executive Salary

(4 salaries)

₹3.2 L/yr - ₹4.6 L/yr

Salary related reviews for Tamilnad Mercantile Bank

5.0

Rated by 1 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

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Tamilnad Mercantile Bank Senior Manager Salary FAQs

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

Senior Manager salary at Tamilnad Mercantile Bank in Chennai ranges between ₹8.6 Lakhs to ₹19.0 Lakhs for experience between 15 years to 22 years. According to our estimates it is 19% less than the average Senior Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tamilnad Mercantile Bank Chennai.

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

The average salary of a Senior Manager at Tamilnad Mercantile Bank is 19% less than the average salary of a Senior Manager in Chennai. To know exact salary insights, login to view.

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

Standard Chartered Senior Manager Salary - ₹13.0 Lakhs to ₹44.0 Lakhs per year
State Street Bank Senior Manager Salary - ₹19.3 Lakhs to ₹37.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
South Indian Bank Senior Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
City Union Bank Senior Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year

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

ICICI Bank Senior Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹11.0 Lakhs to ₹21.6 Lakhs per year
DBS Bank Senior Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Axis Bank Senior Manager Salary - ₹7.6 Lakhs to ₹24.0 Lakhs per year
HDFC Bank Senior Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Tamilnad Mercantile Bank ranges between ₹1,18,545 per month to ₹1,21,866 per month in Chennai. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Senior Manager salary in India which ranges between ₹8.6 Lakhs to ₹19.0 Lakhs per year for employees with experience between 15 years to 22 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Tamilnad Mercantile Bank Senior Managers in Chennai reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Senior Manager Salaries in Chennai

Tamilnad Mercantile Bank Senior Manager salary in Chennai ranges between ₹8.6 Lakhs to ₹19 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.