TMB Recruitment Exam Date & Centre, Salary Also Know

Tamilnad Mercantile Bank Ltd. (TMB) is a well known bank in India, and its recruitment drives are often highly anticipated by banking professionals. The bank has announced its 2023 recruitment drive, requesting applications for Probationary Clerks and Specialist Officers. Everything you need to know about the TMB Recruitment 2023 is right here.

TMB Salary Structure for 2023

TMB Recruitment
Basic SalaryRs. 3,24,000.00Rs. 27,000.00
Other Allowances (25% of salary)Rs. 81,000.00Rs. 6,750.00
Gross SalaryRs. 4,05,000.00Rs. 33,750.00
NPS Bank Contribution (14% of salary)Rs. 45,360.00Rs. 3,780.00
Gratuity (6% of salary)Rs. 19,440.00Rs. 1,620.00
Medical InsuranceRs. 20,016.00Rs. 1,668.00
Fixed CTCRs. 4,89,816.00Rs. 40,818.00
Variable Pay (Based on performance appraisal – at present maximum 40% of salary)Rs. 1,29,600.00Rs. 10,800.00
Total CTCRs. 6,19,416.00Rs. 51,618.00

Examination Centre

Centre of Examination
Port BlairMehsanaGunturIndore
VijayawadaMangaluruNew Delhi / Delhi NCRVisakhapatnam

TMB Recruitment 2023 Download Official Notification


Aside from the minimum salary, clerks are eligible to a variety of perks based on their location. Among these allowances are:

  • Dearness Allowance (DA)
  • House Rent Allowance (HRA)
  • Transport Allowance (TA)
  • Medical Allowance
  • Special Allowance
  • City Compensatory Allowance (CCA)
  • Children Education Allowance (CEA)
  • Leave Travel Allowance (LTA)
  • Conveyance Allowance
  • Traveling Allowance
  • Overtime Allowance

TMB Recruitment Details

OrganizationTamilnad Mercantile Bank Ltd.
Exam NameTMB Clerk Exam 2023
PostProbationary Clerks
Salary AmountRs. 6,19,416.00 Per Year
Selection ProcessWritten test and Interview
Official websiteTMB Official Website

Career Growth

A clerk at TMB is crucial since they are the bank’s face, working directly with customers and monitoring cash transactions. A clerk’s career progression in TMB is as follows:

  • Bank Clerk
  • Officer / Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Asst. General Manager
  • Deputy General Manager

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