Idea to help the Nadar community with banking facilities, Nadar Bank was first established in 1921 in Tuticorn in Kerala. This bank could be easily called as one among the oldest banks in Kerala and changed its name into Tamilnad Mercantile Bank Ltd in 1962 for increasing its mass appeal. Now the bank has about 288 branches in all over the country with major presence in the southern part of India. There are also 344 ATMs of this bank. Plans are being contemplated to open branches in some foreign locations to cater to the Tamil community staying over in these locations. Although the full-fledged branches of this bank are limited to 288, partnership of Tamilnad Mercantile Bank Ltd with IDBI and HDFC banks takes its effective network to 794.
Job Scenario With The Bank
Over the years, step by step Tamilnad Mercantile Bank Ltd has expanded its set up and functions to get core banking, become favourites in semi urban and rural set ups. More functions have been included in the banking activities, while the advances have been significant. Tamilnad Mercantile Bank Ltd has been able to establish itself as a much sought after bank among the people also because of the job opportunities that it has been able to provide. From time to time, job opportunities have been advertised in the different branches of the bank in positions of clerks, probationary officers and specialist officers. Most of the exams at the clerical level and officer cadre have written rounds followed by interviews, after which the final selection is made. Successful candidates are then posted at the vacancy positions.
Present & Future Options
A lot of successful candidates have been able to get jobs in 2012 in the Tamilnad Mercantile Bank Ltd and have started a flourishing career in banking sector. Recently, the recruitment for clerks has been over in the early part of 2012 where the candidates with age limit of 26 years and educational qualifications of graduation or post graduation or engineering bachelor’s degree had applied. They were recruited in the pay band of Rs 7200 – 20100/-. New vacancies for agricultural officers with annual salary of Rs 441,000, managers in accounts at junior and senior levels and law officers in the rank of assistant managers and senior managers have been advertised. Age limit for these posts has been fixed at 35 years and they have commensurate levels of pay scale, which is in the range of 4 lakhs to 8 lakhs per annum.
Those who are interested to become part of this rapidly growing bank, with increasing pan India presence, will have to look out for the careers and recruitment pages in the official site of Tamilnad Mercantile Bank Ltd and then they can get through the posts. It will require a strong preparation to enter into different positions in the bank in 2013 because there are many eligible candidates to compete with.
With competitive salaries and specialised qualifications, job opportunities in the Tamilnad Mercantile Bank Ltd are in plenty. Although the bank has helped the common-man with various banking facilities, job openings have helped many people to start a prosperous life in the banking jobs. As the competition level rises, people are getting more interested for these jobs and therefore, it will require a strong will power and thorough preparation to secure a job in the coming future in the Tamilnad Mercantile Bank Ltd.
To get updated Jobs/ Careers At Tamilnad Mercantile Bank, Please refer http://www.tmb.in/career_jobs/present_career_openings_at_our_bank.html
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