How many employees does Tamilnad Mercantile Bank have?
Tamilnad Mercantile Bank Ltd. (543596) has approximately 5,155 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Tamilnad Mercantile Bank’s total headcount has grown 30.9% from 3,939 employees in 2023 to 5,155 in 2026.
Is Tamilnad Mercantile Bank hiring right now?
No, Tamilnad Mercantile Bank is not actively hiring. Tamilnad Mercantile Bank had 0 active job postings in 2026, a 200.0% decline from 2025 — see job openings & hiring trends.
About Tamilnad Mercantile Bank’s Workforce
Tamilnad Mercantile Bank Ltd. (543596) is a Financial Services company that employs 5,155 people worldwide as of June 2026. It is the 11th-largest by headcount among its peers. Founded in 1921, the company is headquartered in Thoothukudi, India and trades on the BSE India Ltd.
Tamilnad Mercantile Bank's workforce has grown 30.9% from 2023 to 2026, and it rose 5.3% year over year in 2026. It fell to a low of 3,929 in 2023 Q4 before recovering. Its workforce is concentrated most in South Asia (99.7%), followed by North America (0.2%) and Western Europe (0.1%).
Tamilnad Mercantile Bank's groups are Finance and Operations (41%), Engineering (37.9%), and Sales and Marketing (21%), with Engineering growing fastest (up 6.3%). The average salary is $6,164, rising 1.3% year over year in 2026, and spans a median of $45,000 in North America to $4,000 in South Asia.
Tamilnad Mercantile Bank's hiring activity shows a sharp pullback, with active postings down 200.0% in 2026 to 0; new postings per month cooled from 2 in 2023 to 0 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Ticker
- BSE India Ltd.: 543596
- Headquarters
- Thoothukudi, India
- Founded
- 1921
- Industry
- Financial Services
- Employees
- 5,155
- YoY
- +5.3% (+249)
As of June 2026
Tamilnad Mercantile Bank workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Tamilnad Mercantile Bank. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsTamilnad Mercantile Bank Annual Employee Count (2023-2026)
- Tamilnad Mercantile Bank had 5,155 employees in 2026, a 5.3% increase (+249) from 2025.
- Tamilnad Mercantile Bank had 4,812 employees in 2025, a 5.4% increase (+284) from 2024.
- Tamilnad Mercantile Bank had 4,528 employees in 2024, a 13.8% increase (+599) from 2023.
- Tamilnad Mercantile Bank had 3,929 employees in 2023, a 6.0% increase (+182) from 2022.
Tamilnad Mercantile Bank's total workforce has grown from 3,939 employees in 2023 to 5,155 in 2026.
Tamilnad Mercantile Bank Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 5,155 | +249 | +5.3% |
| 2026 | Q1 | 4,770 | +259 | +5.9% |
| 2025 | Q4 | 4,812 | +284 | +5.4% |
| 2025 | Q3 | 4,929 | +376 | +7.4% |
| 2025 | Q2 | 4,906 | +247 | +5.4% |
| 2025 | Q1 | 4,511 | +441 | +10.8% |
| 2024 | Q4 | 4,528 | +599 | +13.8% |
| 2024 | Q3 | 4,553 | +614 | +13.4% |
| 2024 | Q2 | 4,659 | +745 | +15.3% |
| 2024 | Q1 | 4,070 | +353 | +8.2% |
| 2023 | Q4 | 3,929 | +182 | +6.0% |
| 2023 | Q3 | 3,939 | +154 | +5.4% |
See Tamilnad Mercantile Bank's complete headcount history, including quarterly breakdowns.
Get the DataTamilnad Mercantile Bank Employee Count by Region (2026)
South Asia accounts for the largest share of Tamilnad Mercantile Bank's global workforce with approximately 100% of total employees, followed by North America and Western Europe.
Tamilnad Mercantile Bank employees by region
| Region | Employees | % of Total |
|---|---|---|
| South Asia | 5,114 | 99.7% |
| North America | 12 | 0.2% |
| Western Europe | 3 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataTamilnad Mercantile Bank Employee Count by Department (2026)
Tamilnad Mercantile Bank's employee groups are Finance and Operations (41.0%), Engineering (37.9%), and Sales and Marketing (21.0%).
Tamilnad Mercantile Bank employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 2,107 | 41.0% |
| Engineering | 1,949 | 37.9% |
| Sales and Marketing | 1,080 | 21.0% |
Compare Tamilnad Mercantile Bank's department mix to industry peers.
See Full DataTamilnad Mercantile Bank Employee Salary by Region (2026)
Tamilnad Mercantile Bank's average employee salary is $6,164 globally. Employees in North America receive the highest compensation, with median pay approximately 7.3x the global average. Pay is lowest in South Asia, at a median of $4,000.
Tamilnad Mercantile Bank median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $45,000 |
| South Asia | $4,000 |
Unlock salary by role, level, and city — and compare to Tamilnad Mercantile Bank's industry peers.
Unlock Salary DataTamilnad Mercantile Bank Job Openings and Hiring Trends (2023-2026)
- Tamilnad Mercantile Bank had 0 active job postings in 2026, a 200.0% decline from 2025.
- Tamilnad Mercantile Bank had 0 active job postings in 2025, a 0% no change from 2024.
- Tamilnad Mercantile Bank had 0 active job postings in 2024, a 200.0% decline (-3) from 2023.
- Tamilnad Mercantile Bank had 3 active job postings in 2023, a 200.0% increase from 2022.
- Hiring velocity in 2026: 0 new roles/month, up from 0 in 2025 and 0 in 2024.
Tamilnad Mercantile Bank's hiring is slowing: active job postings fell 200.0% in 2026 to 0, with new postings per month cooling from 2 in 2023 to 0 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataTamilnad Mercantile Bank Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Tamilnad Mercantile Bank's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Tamilnad Mercantile Bank
- How fast is Tamilnad Mercantile Bank growing?
- In 2026, Tamilnad Mercantile Bank's headcount grew 5.3% to 5,155 employees, up from 4,906 in 2025.
- See the full headcount history
- Where are Tamilnad Mercantile Bank employees located?
- Most Tamilnad Mercantile Bank employees are based in South Asia (99.7% of headcount), followed by North America and Western Europe.
- Explore where the workforce is based
- How many people work at Tamilnad Mercantile Bank in South Asia?
- About 5,114 people work at Tamilnad Mercantile Bank in South Asia, its largest region.
- See headcount by region
- What is the average salary at Tamilnad Mercantile Bank?
- The average employee salary at Tamilnad Mercantile Bank is approximately $6.2k per year.
- Analyze the salary distribution
- How many new job postings does Tamilnad Mercantile Bank open per year?
- Through Q2 2026, Tamilnad Mercantile Bank opened 0 new job postings. In 2025, Tamilnad Mercantile Bank opened 1 new job postings — about 0 per month.
- Track hiring trends by role
- When was Tamilnad Mercantile Bank founded and where is it headquartered?
- Tamilnad Mercantile Bank was founded in 1921 and is headquartered in Thoothukudi, India.
- Compare Tamilnad Mercantile Bank to industry peers
Speak with a workforce expert about Tamilnad Mercantile Bank.
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