Tamilnad Mercantile Bank Credit Manager Salaries by 2 Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Credit Manager 5 - 12 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹18 L/yr
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Branch Manager 10 - 12 years exp. (14 salaries)	₹11.5 L/yr - ₹17.5 L/yr
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Chief Manager 18 - 24 years exp. (7 salaries)	₹12 L/yr - ₹17.5 L/yr
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Credit Analyst 4 - 10 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr
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Credit Officer 5 - 10 years exp. (5 salaries)	₹7.5 L/yr - ₹10.5 L/yr
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Officer 0 - 12 years exp. (3 salaries)	₹5.5 L/yr - ₹13.6 L/yr
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Branch Credit Manager 6 - 8 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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Relationship Manager 4 - 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹9.2 L/yr
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Senior Associate 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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Sales Officer 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Clerk 1 - 10 years exp. (59 salaries)	₹3.2 L/yr - ₹10 L/yr
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Bank Clerk 0 - 9 years exp. (21 salaries)	₹3 L/yr - ₹8 L/yr
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Branch Head 8 - 15 years exp. (13 salaries)	₹7.1 L/yr - ₹21 L/yr
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Clerical Staff 0 - 7 years exp. (12 salaries)	₹3.7 L/yr - ₹6.3 L/yr
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FSE 1 - 4 years exp. (7 salaries)	₹1 L/yr - ₹2 L/yr
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Accounts Clerk 3 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹7.5 L/yr
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LAW Officer 2 - 10 years exp. (6 salaries)	₹7.2 L/yr - ₹11 L/yr
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Banking Officer 8 - 13 years exp. (6 salaries)	₹6 L/yr - ₹12.5 L/yr
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Clerk Staff 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹6 L/yr
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Customer Support Executive 2 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹4.6 L/yr
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Probationary Clerk 0 - 2 years exp. (5 salaries)	₹3.8 L/yr - ₹6.2 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Tamilnad Mercantile Bank

4.0

Rated by 4 employees for salary & benefits

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

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...

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

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.

Clerk in Coimbatore

Full Time

Finance & Accounting Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

...ke here... Don't waste your time for looking a job from here.... It's an hell... They won't gave a 30k salary as without pressure... And targets... This is working place is not suitable for long life survival... To be very frankly...

Dislikes

All these things.... The co worker also have useless attitude... Always being with very pressurized environment... You are required to work a multiple works... And Here there is no way for work life balance... You'll be sacrifice your dreams as well as everything... If possible please don't think about bank job.

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.

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.

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

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.

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Tamilnad Mercantile Bank Salary FAQs

How much does Tamilnad Mercantile Bank pay per year?

The average Tamilnad Mercantile Bank salary ranges from approximately ₹1.1 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹14 Lakhs to ₹20 Lakhs per year for a Senior Manager. Salary estimates are based on 2 Tamilnad Mercantile Bank salaries received from various employees of Tamilnad Mercantile Bank. Tamilnad Mercantile Bank employees rate the overall salary and benefits package 4.0/5 stars.

What is the highest salary in Tamilnad Mercantile Bank?

The highest-paying job at Tamilnad Mercantile Bank is a Senior Manager with a salary of ₹14 Lakhs to ₹20 Lakhs per year. The top 10% of employees earn more than ₹15 lakhs per year. The top 1% earn more than a whopping ₹35 lakhs per year.

What is the minimum salary in Tamilnad Mercantile Bank?

Minimum salary at Tamilnad Mercantile Bank depends on the role you are applying for. For FSE the minimum salary is ₹1 Lakh to ₹2 Lakhs per year, and for Clerical Staff the minimum salary is ₹3.7 Lakhs to ₹6.3 Lakhs per year and so on.