Tamilnad Mercantile Bank Madurai Senior Manager Salaries by 3 Employees (Updated 2025)

12 - 29 years exp.

₹16 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% more than the average Senior Manager Salary in Banking Companies for 12 - 29 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 15 years exp. (AmbitionBox Estimate)	₹16.4 L/yr - ₹18 L/yr
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Finance & Accounting Senior Manager Salary 12 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹19.7 L/yr

Last Updated: 5 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Senior Manager in Madurai

Tamilnad Mercantile Bank Senior Manager Salary

12 - 29 years exp. (3 salaries)

₹16 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Mobility Senior Manager Salary 14 - 20 years exp. (5 salaries)	₹11 L/yr - ₹22 L/yr 23% less
Jana Small Finance Bank Senior Manager Salary 9 - 15 years exp. (5 salaries)	₹4 L/yr - ₹9.3 L/yr 50% less
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Reliance Nippon Life Insurance Senior Manager Salary 0 - 14 years exp. (4 salaries)	₹2.5 L/yr - ₹8.2 L/yr 61% less
Shriram Finance Senior Manager Salary 7 - 16 years exp. (4 salaries)	₹3.5 L/yr - ₹7.4 L/yr 61% less	2 job openings
India Post Payments Bank Senior Manager Salary 14 - 16 years exp. (4 salaries)	₹15 L/yr - ₹23.1 L/yr 26% more

Senior Manager salary at Tamilnad Mercantile Bank ranges between ₹16 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 29 years. Salary estimates are based on 3 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Senior Manager salaries in Madurai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
13 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
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14 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 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

Infrastructure Engineer in Chennai

Full Time

IT & Information Security Department

2.0

• posted on 15 Mar 2025

1.0

for Salary and Benefits

Likes

Overall all other teams are good but there is team called Server Team which is the worst team I have ever worked nothing is proper in that team worst Manager one will do anything for his ego

Job security - Good

Dislikes

Very worst team don't ever join Server Team in TMB rest any team you can join if salary is not an issue

Salary - Bad

+5 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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Tamilnad Mercantile Bank Senior Manager Salary FAQs

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

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

Experience	Average Salary Range
12 years	₹16.0 Lakhs to ₹20.4 Lakhs per year
13 years	₹16.0 Lakhs to ₹20.4 Lakhs per year
14 years	₹16.0 Lakhs to ₹20.4 Lakhs per year
15 years	₹16.0 Lakhs to ₹20.5 Lakhs per year

and so on.

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Tamilnad Mercantile Bank Senior Manager Salaries in Madurai

Tamilnad Mercantile Bank Senior Manager salary in Madurai ranges between ₹16 Lakhs to ₹19 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.