Tamilnad Mercantile Bank Tiruchirappalli Salaries by 10+ Employees

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Finance & Accounting

Designation	Avg Annual Salary	Open Jobs
Clerk 1 - 9 years exp. · Tiruchirappalli (6 salaries)	₹2.4 L/yr - ₹8 L/yr
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Clerical Accountant 5 years exp. · Tiruchirappalli (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Clerical Executive 6 years exp. · Tiruchirappalli (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
Starting your career? Discover Tamilnad Mercantile Bank fresher salaries in India
Banker 6 - 7 years exp. · Tiruchirappalli (AmbitionBox Estimate)	₹7.2 L/yr - ₹7.9 L/yr
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Support Executive 5 years exp. · Tiruchirappalli (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
Starting your career? Discover Tamilnad Mercantile Bank fresher salaries in India

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 1 employees for salary & benefits

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

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

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Tamilnad Mercantile Bank interview questions by designations

Clerk (3)Assistant Manager (2)Infrastructure Engineer (1)Data Entry Operator (1)

View all 12 interview experiences

Know more about Tamilnad Mercantile Bank Tiruchirappalli

Tamilnad Mercantile Bank Salary FAQs

How much does Tamilnad Mercantile Bank pay to its employees?

The average annual salary at Tamilnad Mercantile Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Tamilnad Mercantile Bank, are as follows:

Clerk	₹2.4 Lakhs to ₹8 Lakhs per year
Clerical Accountant	₹6.3 Lakhs to ₹8 Lakhs per year
Clerical Executive	₹6.3 Lakhs to ₹8 Lakhs per year
Banker	₹7.2 Lakhs to ₹7.9 Lakhs per year

The highest-paying role, Senior Manager, earns between ₹9.6 Lakhs to ₹19 Lakhs per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. Salaries at Tamilnad Mercantile Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 11 salaries submitted by Tamilnad Mercantile Bank employees. Tamilnad Mercantile Bank is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Tamilnad Mercantile Bank in Tiruchirappalli?

The salary of a fresher at Tamilnad Mercantile Bank in Tiruchirappalli typically ranges from ₹3 Lakhs to ₹6.2 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Probationary Clerk Salary	₹4 Lakhs to ₹6.2 Lakhs per year
Fresher as a Bank Clerk Salary	₹3 Lakhs to ₹4 Lakhs per year
Fresher as a Senior Customer Service Executive Salary	₹7.5 Lakhs to ₹9.6 Lakhs per year
Fresher as a Cashier Salary	₹6 Lakhs to ₹6.2 Lakhs per year

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Average annual salary in Tamilnad Mercantile Bank , Tiruchirappalli is INR . Salary estimates are based on 10+ Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.