Latest Banking jobs   »   TMB Recruitment 2023   »   TMB Salary 2023

TMB Salary 2023, Salary Structure, Job Profile & Career Growth

TMB Salary 2023

Tamilnad Mercantile Bank Ltd. (TMB) has invited applications from Indian citizens for the post of Probationary Clerks. The TMB Recruitment 2023 for Probationary Clerks. The candidates who are interested in this vacancy must have some idea on TMB Salary 2023 and job profile. The salary details related to this recruitment have been listed on the official notification. Here in this article candidates can get all the details on TMB Salary 2023.

Click Here For TMB Recruitment 2023 

TMB Salary

As the TMB Recruitment Notification is published on the official website, salary for Probationary Clerks is lucrative and attractive. The salary structure, job profile, and career growth should be known to aspiring students so that they can realize whether they are suitable for the post or not. Along with the basic pay, the in-hand TMB PO Salary includes the perks and allowances too.

TMB Salary 2023: Overview

TMB is offering a total of 72 vacancies for Probationary Clerks across various states.  Here is a brief overview of TMB Salary 2023.

TMB Recruitment 2023
Organization Tamilnad Mercantile Bank Ltd.
Exam Name TMB Clerk Exam 2023
Post Probationary Clerks
Vacancy 72
Category Salary
Salary Amount Rs. 6,19,416.00 Per Year
Selection Process Written test and Interview
Official website @
Whatsapp Official Channel Join Whatsapp Channel 
Telegram Official Channel Join Telegram Channel 

TMB Salary 2023

As per the official notification the in-hand salary per month is around Rs. 51,618.00. The detailed salary structure is given with the official notification. Here are the details on salary structure for TMB 2023.

Component Per Year Per Month
Salary 3,24,000.00 27,000.00
Other Allowance (25% of salary) 81,000.00 6,750.00
Gross 4,05,000.00 33,750.00
NPS Bank Contribution (14% of salary) 45,360.00 3,780.00
Gratuity (6% of salary) 19,440.00 1,620.00
Medical Insurance 20,016.00 1,668.00
Fixed CTC 4,89,816.00 40,818.00
Variable Pay (Based on performance appraisal – at present maximum 40% of salary) 1,29,600.00 10,800.00
CTC 6,19,416.00 51,618.00

TMB Salary 2023: Allowances

Clerks are also liable to get other allowances besides salary which depends on the place of posting. These other allowances like TA, DA, and HRA are added to the salary. Here are the details on allowances offered as a part of TMB Salary 2023.

  1. Dearness Allowance (DA)
  2. House Rent Allowance (HRA)
  3. Transport Allowance (TA)
  4. Medical Allowance
  5. Special Allowance
  6. City Compensatory Allowance (CCA)
  7. Children Education Allowance (CEA)
  8. Leave Travel Allowance (LTA)
  9. Conveyance Allowance
  10. Traveling Allowance
  11. Overtime Allowance

TMB Clerk 2023 Career Growth

A clerk plays a very important role in a bank. He is the face of the bank as he deals with the customer directly, and manages all the cash. Apart from all the salary and benefits, he has an opportunity to learn a lot about banking functions.

  • Bank Clerk
  • Officer / Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Asst. General Manager
  • Deputy General Manager
Related Articles 
TMB Syllabus 2023  TMB Recruitment 2023  


LIC AAO Mains Result 2023 Out, Download Phase 2 Result PDF_90.1


Where can I get the details on TMB Salary 2023?

The details on TMB Salary 2023 are given in the article above.

What is the annual TMB Salary 2023?

The annual TMB Salary 2023 is approx. Rs. 4,89,816.00.

Where can I get the detailed salary structure for TMB?

The detailed salary structure for TMB 2023 is given in the article above.