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Retail Banker

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Retail Banker Salary in India (Updated 2025)

based on 68 latest salaries • updated: 20 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2 Lakhs - ₹24 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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Retail Banker Salary in India ranges between ₹2 Lakhs to ₹24 Lakhs for less than 1 year of experience to 10 years of experience. Salary estimates are based on 68 latest salaries received from Retail... Read More

Latest annual salaries shared by Retail Bankers

2d ago

Model Co-op. Bank

Retail Banker

3 years exp.

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2w ago

HDFC Bank

Retail Banker

6 years exp.

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1mo ago

Axis Bank

Retail Banker

6 years exp.

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1mo ago

Kotak Mahindra Bank

Retail Banker

4 years exp.

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2mo ago

Bandhan Bank

Retail Banker

9 years exp.

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2mo ago

IDFC FIRST Bank

Retail Banker

5 months exp.

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2mo ago

NatWest Group

Retail Banker

1 year exp.

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2mo ago

RNFI Services

Retail Banker

2 years exp.

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3mo ago

TCS

Retail Banker

6 years exp.

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3mo ago

Kanakamahalakshmi Co-operative Bank

Retail Banker

4 years exp.

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View all latest salaries

Retail Banker salaries by

Years of experience Avg. annual salary
Fresher
(10 salaries)
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₹2 L/yr - ₹5 L/yr

1 year
(10 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

2 years
(14 salaries)
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₹2 L/yr - ₹5 L/yr

3 years
(6 salaries)
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₹3 L/yr - ₹24 L/yr

4 years
(10 salaries)
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₹2.1 L/yr - ₹31.5 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹40.8 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.2L salaries)
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₹4 L/yr - ₹18 L/yr

Store Manager Salary
3 - 16 years exp.
(52k salaries)
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₹2.2 L/yr - ₹11 L/yr

Manager Salary
4 - 16 years exp.
(3.2L salaries)
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₹4 L/yr - ₹31.9 L/yr

Branch Manager Salary
4 - 17 years exp.
(50.5k salaries)
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₹2.6 L/yr - ₹18 L/yr

View more similar designations

Retail Banker Salary By Locations

Locations Avg. annual salary
Mumbai
Retail Banker
0 - 9 years exp.
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₹2.1 L/yr - ₹5.6 L/yr

Chennai
Retail Banker
0 - 10 years exp.
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₹4.3 L/yr - ₹45 L/yr

Kolkata
Retail Banker
0 - 10 years exp.
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₹2.5 L/yr - ₹7.5 L/yr

New Delhi
Retail Banker
1 - 5 years exp.
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₹2 L/yr - ₹4 L/yr

Bangalore / Bengaluru
Retail Banker
0 - 2 years exp.
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₹0.3 L/yr - ₹5 L/yr

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Retail Banker Salary By Industries

Industries Avg. annual salary

Financial Services

Retail Banker
0 - 10 years exp.
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₹2 L/yr - ₹31.5 L/yr

Banking

Retail Banker
0 - 10 years exp.
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₹2 L/yr - ₹12 L/yr

BPO/KPO

Retail Banker
0 - 4 years exp.
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₹0.3 L/yr - ₹5.6 L/yr

BPO

Retail Banker
0 - 6 years exp.
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₹0.3 L/yr - ₹31.5 L/yr

Non-Profit

Retail Banker
0 - 4 years exp.
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₹2 L/yr - ₹5.6 L/yr

View More

Frequently Asked Questions (FAQS) about Retail Banker Salaries

What is the salary of a Retail Banker in India?
The salary of a Retail Banker in India varies based on experience, location, company & Industry. On average, Retail Banker salaries ranges from ₹2.0 Lakhs to ₹24.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.0 Lakhs to ₹24.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 68 salaries received from various Retail Bankers across industries.
What are the top paying cities for Retail Banker in India?
The annual salary for Retail Banker in India varies by location. Top paying cities for Retail Banker are
Retail Banker Salary in Mumbai ₹2.1 Lakhs to ₹5.6 Lakhs per year
Retail Banker Salary in Chennai ₹4.3 Lakhs to ₹45.0 Lakhs per year
Retail Banker Salary in Kolkata ₹2.5 Lakhs to ₹7.5 Lakhs per year
Retail Banker Salary in New Delhi ₹2.0 Lakhs to ₹4.0 Lakhs per year
Retail Banker Salary in Bangalore / Bengaluru ₹0.3 Lakhs to ₹5.0 Lakhs per year
Salary expectations for Retail Banker may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Retail Banker in India?
Top 5 paying Industries for Retail Banker in India are:
Retail Banker Salary in Financial Services ₹2.0 Lakhs to ₹31.5 Lakhs per year
Retail Banker Salary in Banking ₹2.0 Lakhs to ₹12.0 Lakhs per year
Retail Banker Salary in BPO/KPO ₹0.3 Lakhs to ₹5.6 Lakhs per year
Retail Banker Salary in BPO ₹0.3 Lakhs to ₹31.5 Lakhs per year
Retail Banker Salary in Non-Profit ₹2.0 Lakhs to ₹5.6 Lakhs per year
What are the fresher salaries as Retail Banker?
Fresher salaries for Retail Banker in India typically range from ₹2 Lakhs to ₹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 Retail Banker in India?
Experience significantly impacts a Retail Banker salary in India. Salaries increase with experience, as Retail Banker take on more complex tasks, responsibilities, and leadership roles. Retail Banker salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.0 Lakhs per year
1 year ₹2.1 Lakhs to ₹4.5 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹24.0 Lakhs per year
and so on.

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