Abhyudaya Co-operative Bank Mumbai Banking Officer Salaries by 5 Employees

10 - 13 years exp.

₹6 Lakhs - ₹7.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% more than the average Banking Officer Salary in Banking Companies for 10 - 13 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Abhyudaya Co-operative Bank for Banking Officer in Mumbai

Abhyudaya Co-operative Bank Banking Officer Salary

10 - 13 years exp. (5 salaries)

₹6 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Banking Officer Salary 0 - 6 years exp. (20 salaries)	₹1.8 L/yr - ₹4.7 L/yr 42% less	3 job openings
Standard Chartered Banking Officer Salary 3 - 5 years exp. (3 salaries)	₹4.3 L/yr - ₹4.6 L/yr 31% less
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ICICI Bank Banking Officer Salary 0 - 7 years exp. (84 salaries)	₹0.7 L/yr - ₹6 L/yr 46% less
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (76 salaries)	₹2.4 L/yr - ₹5.3 L/yr 46% less
HDFC Bank Banking Officer Salary 0 - 8 years exp. (51 salaries)	₹1 L/yr - ₹5.7 L/yr 54% less

Banking Officer salary at Abhyudaya Co-operative Bank ranges between ₹6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Abhyudaya Co-operative Bank.

Experience wise Abhyudaya Co-operative Bank Banking Officer salaries in Mumbai

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in Abhyudaya Co-operative Bank

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Credit Manager Salary

(4 salaries)

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Banking Executive Salary

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Manager Trade Finance Salary

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₹10.3 L/yr - ₹12.3 L/yr

Salary related reviews for Abhyudaya Co-operative Bank

2.8

Rated by 3 employees for salary & benefits

Banking Officer in Mumbai

Full Time

Loans Department

3.0

• posted on 15 Sep 2022

2.0

for Salary and Benefits

Likes

Salary on time, collegues at branches are helpful, nice working environment and ambience

Company culture - Excellent

+1 more

Dislikes

Slow career growth, salaries are far behind industry standards, no optimum job rotation, no proper co-ordination between front-end and back-end teams

Salary - Poor

+2 more

Officer in Navi Mumbai

Full Time

Human Resources Department

5.0

• posted on 25 Oct 2024

4.0

for Salary and Benefits

Likes

Work culture is amazing and there is never any burden of working on any staff. Also leaves can be availed as and when needed. All staff are of helpful nature.

Salary - Good

+6 more

Dislikes

Salary is curtailed from last 2 years. Rest there is no issue at all.

Clerk in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Sep 2023

2.0

for Salary and Benefits

Likes

only job security is the advantage

Work-life balance - Good

Dislikes

poor working culture, no promotions or appraisals based on work performance, salary & benefits are not in proper ratio with current increasing cost of living. No bonuses.

Salary - Poor

+3 more

Credit Officer in Thane

Full Time

Finance & Accounting Department

4.0

• posted on 12 Mar 2022

4.0

for Salary and Benefits

Likes

...ironment and Culture. Teammate are Supportive and the Management is transparent. Company policies are good, appraisals are fair and they give good salary.

Salary - Good

+6 more

Dislikes

Nothing... Best Bank in Co operative sector.

Bank Clerk in Thane

Full Time

Retail Branch Banking Department

4.0

• posted on 03 Dec 2021

2.0

for Salary and Benefits

Likes

Provides a very good learning experience which is not limited to only one aspect of banking. Working hours are good. Good opportunity for freshers with basic education to jumpstart your career.

Skill development - Good

+3 more

Dislikes

Low salary.

Salary - Poor

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Abhyudaya Co-operative Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at Abhyudaya Co-operative Bank in Mumbai?

The average salary of a Banking Officer at Abhyudaya Co-operative Bank in Mumbai typically ranges from ₹6.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Banking Officer in Mumbai at Abhyudaya Co-operative Bank earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Banking Officer Salaries at Abhyudaya Co-operative Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Abhyudaya Co-operative Bank employees in India.

What is the estimated take home salary of a Banking Officer at Abhyudaya Co-operative Bank in Mumbai?

The estimated take-home salary of a Banking Officer at Abhyudaya Co-operative Bank in Mumbai typically ranges from ₹49,402 to ₹50,570 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 10 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Abhyudaya Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Banking Officer in companies similar to Abhyudaya Co-operative Bank in Mumbai?

The salary of a Banking Officer at companies similar to Abhyudaya Co-operative Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹4.3 Lakhs to ₹4.6 Lakhs per year
AU Small Finance Bank	₹1.8 Lakhs to ₹4.7 Lakhs per year
IDFC FIRST Bank	₹2.4 Lakhs to ₹5.3 Lakhs per year
ICICI Bank	₹0.7 Lakhs to ₹6.0 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹5.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Banking Officer at Abhyudaya Co-operative Bank in Mumbai?

The salary growth for a Banking Officer at Abhyudaya Co-operative Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Mumbai can expect the following growth trajectory at Abhyudaya Co-operative Bank:

Experience	Average Salary Range
10 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
11 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
12 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
13 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Abhyudaya Co-operative Bank Banking Officer Salaries in Mumbai

Abhyudaya Co-operative Bank Banking Officer salary in Mumbai ranges between ₹6 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Abhyudaya Co-operative Bank latest salaries received from various employees of Abhyudaya Co-operative Bank.