Banking Associate

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Banking Associate Salary in Mumbai (Updated 2025)

based on 38 latest salaries • updated: 23 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹1.9 Lakh - ₹5.8 Lakhs

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Banking Associate Salary in Mumbai ranges between ₹1.9 Lakh to ₹5.8 Lakhs for less than 1 year of experience to 6 years of experience. Salary estimates are based on 38 latest salaries received from Banking... Read More
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Top Paying Companies for Banking Associate with 2 years exp

Company name Avg. annual salary Open Jobs
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Latest annual salaries shared by Banking Associates

3d ago

Accenture

Banking Associate

2 months exp.

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3d ago

Axis Securities and Sales

Banking Associate

6 years exp.

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6d ago

HSBC Group

Banking Associate

4 years exp.

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6d ago

City Union Bank

Banking Associate

1 year exp.

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1w ago

SRA Associates Inc

Banking Associate

3 years exp.

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1w ago

World Network Services

Banking Associate

2 years exp.

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1w ago

EQL Fintech

Banking Associate

2 years exp.

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1w ago

Accenture

Banking Associate

5 years exp.

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1w ago

Accenture

Banking Associate

1 year exp.

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1w ago

3i Infotech

Banking Associate

6 years exp.

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View all latest salaries

Banking Associate salaries by

Years of experience Avg. annual salary
Fresher
(3 salaries)
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₹2.3 L/yr - ₹4.5 L/yr

1 year
(11 salaries)
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₹1.5 L/yr - ₹3 L/yr

2 years
(7 salaries)
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₹2.4 L/yr - ₹6 L/yr

3 years
(6 salaries)
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₹2.4 L/yr - ₹4.2 L/yr

4 years
(8 salaries)
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₹2 L/yr - ₹7.2 L/yr

View all salaries by experience

Banking Associate Jobs in Mumbai

Banking Associate

· 1-6 years

Hrquadrant

·
5.0
₹2 L/yr - ₹4.3 L/yr

Kannur

Banking Associate

· 0-2 years

Caliber Organisation

·
3.6

Thane

Banking Associate

· 2-5 years

DWS Group

Mumbai

View all Banking Associate jobs

Similar Designation Salary

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2 - 10 years exp.
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0 - 5 years exp.
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₹1.5 L/yr - ₹4.2 L/yr

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0 - 8 years exp.
(23k salaries)
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₹2 L/yr - ₹22 L/yr

Account Assistant Salary
1 - 9 years exp.
(14.4k salaries)
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₹1 L/yr - ₹4.2 L/yr

Senior Analyst Salary
2 - 8 years exp.
(11.8k salaries)
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₹3.3 L/yr - ₹17.3 L/yr

View more similar designations

Banking Associate Salary In Other Locations

Locations Avg. annual salary
Chennai
Banking Associate
0 - 6 years exp.
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₹1.8 L/yr - ₹4.4 L/yr

Bangalore / Bengaluru
Banking Associate
0 - 6 years exp.
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₹1.5 L/yr - ₹6.5 L/yr

Hyderabad / Secunderabad
Banking Associate
0 - 6 years exp.
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₹1.8 L/yr - ₹4.5 L/yr

New Delhi
Banking Associate
0 - 7 years exp.
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₹1.5 L/yr - ₹6 L/yr

Pune
Banking Associate
0 - 7 years exp.
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₹1.2 L/yr - ₹12 L/yr

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Banking Associate Salary By Industries

Industries Avg. annual salary

IT Services & Consulting

Banking Associate
0 - 6 years exp.
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₹1.8 L/yr - ₹4.9 L/yr

Financial Services

Banking Associate
0 - 7 years exp.
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₹1.5 L/yr - ₹7 L/yr

Banking

Banking Associate
0 - 7 years exp.
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₹1.5 L/yr - ₹7 L/yr

Software Product

Banking Associate
0 - 6 years exp.
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₹1.8 L/yr - ₹4.8 L/yr

Analytics & KPO

Banking Associate
0 - 5 years exp.
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₹1.8 L/yr - ₹4.9 L/yr

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Frequently Asked Questions (FAQS) about Banking Associate Salaries

What is the salary of a Banking Associate in India?
The salary of a Banking Associate in India varies based on experience, location, company & Industry. On average, Banking Associate salaries ranges from ₹1.9 Lakhs to ₹5.8 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.9 Lakhs to ₹5.8 Lakhs per year, with the highest salary reaching ₹2.5 Lakhs to ₹5.5 Lakhs per year. Salary estimates are based on 38 salaries received from various Banking Associates across industries.
What are the top paying companies that employ Banking Associates?
Banking Associate Salaries at Top paying companies in India are
J&K Bank Banking Associate Salary ₹2.5 Lakhs to ₹5.5 Lakhs per year
Wipro Banking Associate Salary ₹2 Lakhs to ₹3.5 Lakhs per year
TCS Banking Associate Salary ₹2.2 Lakhs to ₹3.5 Lakhs per year
Accenture Banking Associate Salary ₹2 Lakhs to ₹3.2 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Banking Associate in India?
The annual salary for Banking Associate in India varies by location. Top paying cities for Banking Associate are
Banking Associate Salary in Chennai ₹1.8 Lakhs to ₹4.4 Lakhs per year
Banking Associate Salary in Bangalore / Bengaluru ₹1.5 Lakhs to ₹6.5 Lakhs per year
Banking Associate Salary in Hyderabad / Secunderabad ₹1.8 Lakhs to ₹4.5 Lakhs per year
Banking Associate Salary in New Delhi ₹1.5 Lakhs to ₹6.0 Lakhs per year
Banking Associate Salary in Pune ₹1.2 Lakhs to ₹12.0 Lakhs per year
Salary expectations for Banking Associate may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Banking Associate in India?
Top 5 paying Industries for Banking Associate in India are:
Banking Associate Salary in IT Services & Consulting ₹1.8 Lakhs to ₹4.9 Lakhs per year
Banking Associate Salary in Financial Services ₹1.5 Lakhs to ₹7.0 Lakhs per year
Banking Associate Salary in Banking ₹1.5 Lakhs to ₹7.0 Lakhs per year
Banking Associate Salary in Software Product ₹1.8 Lakhs to ₹4.8 Lakhs per year
Banking Associate Salary in Analytics & KPO ₹1.8 Lakhs to ₹4.9 Lakhs per year
What are the fresher salaries as Banking Associate?
Fresher salaries for Banking Associate in India typically range from ₹2.3 Lakhs to ₹4.5 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Banking Associate in India?
Experience significantly impacts a Banking Associate salary in India. Salaries increase with experience, as Banking Associate take on more complex tasks, responsibilities, and leadership roles. Banking Associate salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹2.3 Lakhs to ₹4.5 Lakhs per year
1 year ₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹6.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹4.2 Lakhs per year
and so on.

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