Tamilnad Mercantile Bank Credit Manager Salaries by 2 Employees (Updated 2025)

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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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Gold Appraiser 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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CSO 28 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Deputy Vice President 30 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
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Data Entry Operator Executive 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Team Lead 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Legal Manager 12 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Technical Officer Experience: NA (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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Business Executive 3 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Computer Operator 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Senior Branch Manager 12 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Branch Sales Manager 10 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Document Controller 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Customer Service 2 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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Forex Officer 14 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
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Information Security Analyst 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Legal Advisor 12 years exp. (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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Senior System Administrator 20 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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DGM Business Development 27 years exp. (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Technical Lead 12 years exp. (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr
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Floor Manager 2 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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

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 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 ₹9.6 Lakhs to ₹19 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 ₹9.6 Lakhs to ₹19 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 Bank Clerk the minimum salary is ₹3 Lakhs to ₹8 Lakhs per year, and for Clerical Staff the minimum salary is ₹3.7 Lakhs to ₹6.3 Lakhs per year and so on.

What is the salary package for freshers in Tamilnad Mercantile Bank?

The average salary at Tamilnad Mercantile Bank for freshers varies from ₹3 Lakhs to ₹7.6 Lakhs per year for Bank Clerk and ₹4 Lakhs to ₹6.2 Lakhs per year for Probationary Clerk.

What is the notice period for Credit Manager at Tamilnad Mercantile Bank?

According to AmbitionBox, 71% of the Tamilnad Mercantile Bank Credit Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.