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Bank of Baroda

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Bank of Baroda Business Correspondent salaries in India

Annual salary range
0 - 6 years exp.
₹1.7 Lakh - ₹3.1 Lakhs
Salary of majority employees
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15% less than the average Business Correspondent Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Business Correspondent Salary
2 - 4 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

Finance & Accounting
Business Correspondent Salary
4 - 6 years exp. (3 salaries)
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₹1.8 L/yr - ₹3.1 L/yr

BFSI, Investments & Trading
Business Correspondent Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Construction & Site Engineering
Business Correspondent Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.4 L/yr

Research & Development
Business Correspondent Salary
0 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.3 L/yr

Last Updated: 21 Nov 2023

Companies similar to Bank of Baroda for Business Correspondent

Company name Avg Annual Salary Open Jobs
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₹1.3 L/yr - ₹4 L/yr

arrow icon 24% more
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Canara Bank Business Correspondent Salary

1 - 6 years exp. (12 salaries)

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₹1.2 L/yr - ₹5.2 L/yr

arrow icon 29% more
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Bank of India Business Correspondent Salary

0 - 10 years exp. (12 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 19% more
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HDFC Bank Business Correspondent Salary

1 - 5 years exp. (6 salaries)

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₹1.9 L/yr - ₹3.6 L/yr

arrow icon 8% more
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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 7% less
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Axis Bank Business Correspondent Salary

2 - 7 years exp. (6 salaries)

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₹0.9 L/yr - ₹2.8 L/yr

arrow icon 4% less
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IndusInd Bank Business Correspondent Salary

2 - 3 years exp. (5 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 21% more
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ICICI Bank Business Correspondent Salary

0 - 6 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 27% more
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₹1 L/yr - ₹3.3 L/yr

arrow icon 8% less
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IDFC FIRST Bank Business Correspondent Salary

2 - 12 years exp. (4 salaries)

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₹2.1 L/yr - ₹4 L/yr

arrow icon 31% more
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J&K Bank Business Correspondent Salary

5 - 15 years exp. (3 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 156% more
Business Correspondent salary at Bank of Baroda ranges between ₹1.7 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Bank of Baroda.

Latest annual salaries shared by Bank of Baroda Business Correspondent

1y ago
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4 years exp.

Experience wise Bank of Baroda Business Correspondent salaries

Last Updated: 21 Nov 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
2 years  (3 salaries)

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₹1.7 L/yr - ₹3.9 L/yr
3 years  (3 salaries)

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₹1.7 L/yr - ₹4 L/yr
4 years  (5 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
View all

Similar Designation salaries in Bank of Baroda

Sales Coordinator Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
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₹2 L/yr - ₹4.17 L/yr
Sales Executive Salary
(56 salaries)
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₹1.8 L/yr - ₹3.6 L/yr
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₹2.2 L/yr - ₹9 L/yr
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₹2.15 L/yr - ₹3 L/yr
Sales Associate Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹6.5 L/yr - ₹7.65 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Team Lead Salary
(18 salaries)
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₹2.05 L/yr - ₹5.5 L/yr
Branch Manager Salary
(67 salaries)
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₹8 L/yr - ₹25 L/yr

Salary related reviews for Bank of Baroda

3.7

Rated by 13 employees for salary & benefits

Full Time

 · 

Retail Banking Operations Department

3.0
  •  posted on 22 Jan 2022

2.0
 for  Salary and Benefits

Likes

No Job security as being Business Correspondent. Higher Management is good but on lower level all shows their attitude.

Dislikes

Staff shows their attitude because they get salary & we get payment as per our work. Always giving target that has been alloted to them.

read more
  • Salary - Poor

Other Department

3.0
  •  posted on 11 Aug 2020

2.0
 for  Salary and Benefits

Likes

Hi sir/madam , I am Manoranjan Podh . I have been working as business correspondent in Bank of Baroda since JAN 2017.As per as the job security is concerned ,my commission has never crossed 10,000 rupees per month.At my link branch (BARPALI-IFSC-BARB0BARPA) the management system and work culture is excellent.Office staffs are good.

read more

Dislikes

... white paper.My commission has never crossed 10000 rupees per montth since 2017.I think job security,career growth ,salary is average.

read more
  • Salary - Poor
  • +1 more

Other Department

4.0
  •  posted on 25 Jan 2019

4.0
 for  Salary and Benefits

Likes

Im worked at dena bank visvadr branch. Last 3 year 2013 to 2015 b.c post There are commision base n 5 thiusand rupee salary My work in village that local area n my motive Increse bank profit.....i like banker job if they will provide safely salary...

read more
  • Salary - Good
  • +4 more

Dislikes

I have worked in dena bank And i feel good experince

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Jan 2025

4.0
 for  Salary and Benefits

Likes

perks and salary as compared to other banks.

  • Salary - Good
  • +1 more

Dislikes

everything. very bad managment and the behaviour's of the people sitting in admin offices. No infrustructure. Managment just don't care about emplyees, they just want the targets to be fullfilled and if any mistakes happen due to the pressure provided by them then its all the employee's fault.

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 14 Jan 2025

4.0
 for  Salary and Benefits

Likes

Perks and salary good although not adequate. Transfers are granted on spouse ground.

read more
  • Salary - Good
  • +1 more

Dislikes

Many .. employees work like private sector but get paid like a PSU. No methods, lack of staff puts tremendous pressure. Unnecessary work pressure is created where things can go smoothly with little discipline. Some people work and others just don't. Incentive to work is almost nil.

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

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Bank of Baroda Business Correspondent Salary FAQs

What is the salary of Business Correspondent at Bank of Baroda ?
The average salary of a Business Correspondent at Bank of Baroda in India typically ranges from ₹1.7 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Business Correspondent at Bank of Baroda earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Business Correspondent Salaries at Bank of Baroda 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 10+ Bank of Baroda employees in India.
What is the estimated take home salary of a Business Correspondent at Bank of Baroda in India?
The estimated take-home salary of a Business Correspondent at Bank of Baroda in India typically ranges from ₹15,522 to ₹17,135 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 6 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 10+ salaries received from various employees of Bank of Baroda. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of Baroda for Business Correspondent in India?
J&K Bank ₹3.2 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank ₹2.1 Lakhs to ₹4.0 Lakhs per year
Canara Bank ₹1.2 Lakhs to ₹5.2 Lakhs per year
ICICI Bank ₹2.4 Lakhs to ₹3.5 Lakhs per year
State Bank of India ₹1.3 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Baroda, depending on the role and experience level.
What is the salary of a Business Correspondent in companies similar to Bank of Baroda in India?
The salary of a Business Correspondent at companies similar to Bank of Baroda in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹2.5 Lakhs to ₹3.0 Lakhs per year
Bank of India ₹1.0 Lakhs to ₹4.5 Lakhs per year
HDFC Bank ₹1.9 Lakhs to ₹3.6 Lakhs per year
Axis Bank ₹0.9 Lakhs to ₹2.8 Lakhs per year
Punjab National Bank ₹1.5 Lakhs to ₹2.5 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 Business Correspondent at Bank of Baroda in India?
The salary growth for a Business Correspondent at Bank of Baroda depends on factors such as experience, performance, and promotions. On average, a Business Correspondent can expect the following growth trajectory at Bank of Baroda:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹3.7 Lakhs per year
1 year ₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.7 Lakhs to ₹3.9 Lakhs per year
3 years ₹1.7 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of Baroda Business Correspondent salary in India ranges between ₹1.7 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Bank of Baroda latest salaries received from various employees of Bank of Baroda.