How many employees work at Tamilnad Mercantile Bank?
Tamilnad Mercantile Bank Ltd. (543596) has approximately 4,827 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Tamilnad Mercantile Bank's total headcount has grown 11.1% from 4,346 employees in 2023 to 4,827 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 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 0.0% no change 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 4,827 people worldwide as of March 2026. It is the 10th-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 11.1% from 2023 to 2026, up 3.0% year over year in 2026. Its workforce is concentrated most in India (99.8%), followed by the United States (0.1%) and Austria (0.0%), with the United States, its fastest-growing location.
Tamilnad Mercantile Bank's largest functional groups are Finance and Operations (47.5%), Engineering (31.2%), and Sales and Marketing (21.3%), with Sales and Marketing growing fastest (up 2.1%). Median employee tenure is 4.1 years. The average salary is $6,378, ranging from a median of $60,000 in Northern America to $4,000 in Southern Asia.
Tamilnad Mercantile Bank's hiring activity held steady in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
As of March 2026
Tamilnad Mercantile Bank
workforce metrics
Headcount
4.8k
3.0% YoY
Avg. Salary
$6.4k
0.5% YoY
Tenure
4.1yr
0.3yr YoY
Growth Rate
3.0%
2.5pts YoY
Hiring Rate
Attrition Rate
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.
- Tamilnad Mercantile Bank had 4,827 employees in 2026, a 3.0% increase (+146) from 2025.
- Tamilnad Mercantile Bank had 4,859 employees in 2025, a 3.2% increase (+169) from 2024.
- Tamilnad Mercantile Bank had 4,690 employees in 2024, a 7.1% increase (+333) from 2023.
- Tamilnad Mercantile Bank had 4,357 employees in 2023, a 3.1% increase (+113) from 2022.
Tamilnad Mercantile Bank's total workforce has grown from 4,346 employees in 2023 to 4,827 in 2026.
Tamilnad Mercantile Bank Ltd. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 4,827 | +146 | +3.0% |
| 2025 | Q4 | 4,859 | +169 | +3.2% |
| 2025 | Q3 | 4,934 | +232 | +4.5% |
| 2025 | Q2 | 4,918 | +148 | +3.3% |
| 2025 | Q1 | 4,681 | +234 | +5.5% |
| 2024 | Q4 | 4,690 | +333 | +7.1% |
| 2024 | Q3 | 4,702 | +341 | +6.9% |
| 2024 | Q2 | 4,770 | +424 | +8.0% |
| 2024 | Q1 | 4,447 | +228 | +4.6% |
| 2023 | Q4 | 4,357 | +113 | +3.1% |
| 2023 | Q3 | 4,361 | +97 | +2.9% |
| 2023 | Q2 | 4,346 | +90 | +3.1% |
Want to see Tamilnad Mercantile Bank's complete headcount history back to 2008, including quarterly breakdowns?
India accounts for the largest share of Tamilnad Mercantile Bank's global workforce with approximately 100% of total employees, followed by the United States and Austria.
Tamilnad Mercantile Bank employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| India | 4,805 | 99.8% | -1.3% |
| United States | 6 | 0.1% | +0.0% |
| Austria | 2 | 0.0% | +0.0% |
| United Kingdom | 1 | 0.0% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Tamilnad Mercantile Bank's largest employee groups are Finance and Operations (47.5%), Engineering (31.2%), and Sales and Marketing (21.3%).
Tamilnad Mercantile Bank employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 2,267 | 47.5% | -1.8% |
| Engineering | 1,490 | 31.2% | -2.8% |
| Sales and Marketing | 1,019 | 21.3% | +2.1% |
Compare Tamilnad Mercantile Bank's department mix to industry peers.
Tamilnad Mercantile Bank's average employee salary is $6,378 globally. Employees in Northern America receive the highest compensation, with median pay approximately 9.4x the global average. Pay is lowest in Southern Asia, at a median of $4,000.
Tamilnad Mercantile Bank median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $60,000 |
| Southern Asia | $4,000 |
Unlock salary by role, level, and city — and compare to Tamilnad Mercantile Bank's industry peers.
- Tamilnad Mercantile Bank had 0 active job postings in 2026, a 0% no change 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. New metric
Tamilnad Mercantile Bank's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
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.
Similar Financial Services Companies by Employee Count
- How fast is Tamilnad Mercantile Bank growing?
- In 2026, Tamilnad Mercantile Bank's headcount grew 3.0% to 4,827 employees, up from 4,681 in 2025.
- Where are Tamilnad Mercantile Bank employees located?
- Most Tamilnad Mercantile Bank employees are based in India (99.8% of headcount), followed by the United States and Austria.
- What is the average salary at Tamilnad Mercantile Bank?
- The average employee salary at Tamilnad Mercantile Bank is approximately $6.4k per year.
- How many people does Tamilnad Mercantile Bank hire per year?
- In 2026, Tamilnad Mercantile Bank opened roughly 0 new roles — about 0 per month.
- When was Tamilnad Mercantile Bank founded and where is it headquartered?
- Tamilnad Mercantile Bank was founded in 1921 and is headquartered in Thoothukudi, India.
See something that doesn't look right? Reach out and our team will review it.