Bank of India Accountant Salaries by 8 Employees

0 - 5 years exp.

₹1.7 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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31% less than the average Accountant Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 17 Jan 2024

Companies similar to Bank of India for Accountant

Company name	Avg Annual Salary	Open Jobs
State Bank of India Accountant Salary 1 - 6 years exp. (24 salaries)	Unlock ₹1 L/yr - ₹6 L/yr 24% more
ICICI Bank Accountant Salary 1 - 7 years exp. (48 salaries)	Unlock ₹1 L/yr - ₹8 L/yr 33% more
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HDFC Bank Accountant Salary 0 - 8 years exp. (81 salaries)	Unlock ₹0.7 L/yr - ₹5.7 L/yr 82% more
Axis Bank Accountant Salary 0 - 5 years exp. (49 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr 7% more
Kotak Mahindra Bank Accountant Salary 0 - 8 years exp. (67 salaries)	Unlock ₹1.6 L/yr - ₹4.6 L/yr 17% more
Yes Bank Accountant Salary 1 - 12 years exp. (28 salaries)	Unlock ₹1.4 L/yr - ₹7 L/yr 52% more
IDFC FIRST Bank Accountant Salary 0 - 7 years exp. (17 salaries)	Unlock ₹1.6 L/yr - ₹7 L/yr 27% more
Punjab National Bank Accountant Salary 1 - 5 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹5.1 L/yr 50% more
Canara Bank Accountant Salary 1 - 5 years exp. (5 salaries)	Unlock ₹1.1 L/yr - ₹3.2 L/yr 12% more
Bank of Baroda Accountant Salary 0 - 3 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹4.7 L/yr 66% more
IndusInd Bank Accountant Salary 0 - 4 years exp. (16 salaries)	Unlock ₹1 L/yr - ₹4.1 L/yr 31% more
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Bandhan Bank Accountant Salary 1 - 7 years exp. (14 salaries)	Unlock ₹1.1 L/yr - ₹6 L/yr 50% more
AU Small Finance Bank Accountant Salary 0 - 7 years exp. (12 salaries)	Unlock ₹2 L/yr - ₹4.2 L/yr 16% more
Union Bank of India Accountant Salary 1 - 10 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹12 L/yr 194% more
Equitas Small Finance Bank Accountant Salary 1 - 11 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹3.4 L/yr 14% more
Bank of Maharashtra Accountant Salary 0 - 4 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr 10% more
Ujjivan Small Finance Bank Accountant Salary 1 - 9 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹7.5 L/yr 79% more
Central Bank of India Accountant Salary 0 - 10 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹8.4 L/yr 75% more
Federal Bank Accountant Salary 0 - 1 year exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹3.2 L/yr 15% more
Jana Small Finance Bank Accountant Salary 0 - 2 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr 7% more

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Accountant salary at Bank of India ranges between ₹1.7 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of India.

Experience wise Bank of India Accountant salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	Unlock ₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹0.9 L/yr - ₹3.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹0.9 L/yr - ₹2.6 L/yr

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Accounting Staff Salary

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₹1.8 L/yr - ₹2.3 L/yr

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₹4.5 L/yr - ₹11 L/yr

Accounts Officer Salary

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₹0.8 L/yr - ₹3.12 L/yr

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₹3 L/yr - ₹16 L/yr

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₹3 L/yr - ₹3.3 L/yr

Salary related reviews for Bank of India

4.5

Rated by 5 employees for salary & benefits

Marketing Officer in Jabalpur

Full Time

Marketing & Communication Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

Only the thing is that you get salary on time and there is a provision of reimbursement....

Dislikes

- Higher management does not know what marketing actually is on the field. The people, who are generalist and sitting at medium and top level management actually think that Marketing Officers are one who must not only grab the business but also generate it, which is not at all possible because conversion of leads into business depends on various factors and there are various stakeholders for this. Hence, conversion of leads into business cannot happen till the time everybody works as cooperative team member. - This is door to door sales job, various people opt this job by looking at false ratings of this profile on social media platforms managed by higher management. Also candidates who join this bank are optimistic at entry stage as they get selected after huge efforts through IBPS and get trapped after entering into this bank and at this profile. - General Banking Staff is jealous of Marketing Staff as they get additional petrol reimbursement due to their marketing efforts. - High level politics within bank. People who are in association of officers are like closed knit people of certain people in management and they only help those employees who can do flattery at extream level. - If you raise your voice on any legitimate issue, you would be targeted by management. - There are ghigh possibility of frequent transfers as transfer policy does not apply to Marketing Officers. - The standard operating procedure within the bank is not at all systematic. - Motivation or credit is not commensurate to efforts given by Marketing Officers, - There is absence of career path for Marketing Officers as they only can get promotions on Merit based channel and not on Seniority Based Channel. Once marketing officer reaches scale IV, he/she will have to opt for conversion to General Banking Stream. But there are very less opportunities for getting conversions. - Unlike specialist officers of other streams, Marketing Officers face huge hardships which include cold responses from customers as well as management. They seldomely are provided good place to even sit at various branches/offices of Bank Of India.

Salary - Bad

+6 more

Clerk in Ahmedabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Oct 2023

3.0

for Salary and Benefits

Likes

There is job security, salary is ok I guess Other than that I can't think of anything else

Job security - Excellent

Dislikes

Management doesn't know what goes on ground level, they keep making new policy which are against the benefits of employees, no coordination between different level management. I give you a example, there used be inter zone transfer every year but it hasn't happened in the last three year. I think I can go on and on.

Skill development - Poor

+3 more

Assistant Manager in Bokaro

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 29 Nov 2023

2.0

for Salary and Benefits

Likes

Pay and package is good, connectivity is good. Leave, reimbursement, training, nearby posting,

Job security - Excellent

Dislikes

Rude behaviour of some staff. Rude customers. More rural branches. Less importance to staff benefits. Lot of traveling due to far postings. Claims unsettled. Boring workplace. Hr not responsive.toxic work environment due to politics.

Salary - Poor

+5 more

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 22 Aug 2022

3.0

for Salary and Benefits

Likes

Only job security

Job security - Excellent

+1 more

Dislikes

...f you don't have any jack then you will be getting transfers every now and then. "Jo kam karta he usko aur jo kam bilkul nahi karta" salary sab ko equal he.. shayad jo kam thik se nai karta usko pareshan nahi karenge because wo kuch karega nahi

Work satisfaction - Poor

+2 more

Chief Manager in Mumbai

Full Time

Product Management Department

4.0

• posted on 08 Mar 2024

3.0

for Salary and Benefits

Likes

Like a typical govt bank it offers 100% job security. Decent salary. If you own then you will get to lead projects end to end. Other govt perks and benefits are unparalleled.

Job security - Excellent

Dislikes

Sarkari culture. Sluggish work pace. Nepotism and politics. Late sitting for no reason just to appease bosses.

Promotions - Poor

+2 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of India Accountant Salary FAQs

What is the salary of Accountant at Bank of India?

Accountant salary at Bank of India in India ranges between ₹1.7 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 31% less than the average Accountant Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bank of India India.

How does the salary of a Accountant at Bank of India India compare with the average salary range for this job?

The average salary of a Accountant at Bank of India is 31% less than the average salary of a Accountant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of India to a Accountant in India?

Union Bank of India Accountant Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
Deutsche Bank Accountant Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
Barclays Accountant Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
HDFC Bank Accountant Salary - ₹0.7 Lakhs to ₹5.7 Lakhs per year
Ujjivan Small Finance Bank Accountant Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Accountant in companies similar to Bank of India in India?

Central Bank of India Accountant Salary - ₹1.0 Lakhs to ₹8.4 Lakhs per year
Bank of America Accountant Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Bank of Baroda Accountant Salary - ₹1.0 Lakhs to ₹4.7 Lakhs per year
Yes Bank Accountant Salary - ₹1.4 Lakhs to ₹7.0 Lakhs per year
Punjab National Bank Accountant Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Accountant at Bank of India in India?

The estimated take-home salary of a Accountant at Bank of India ranges between ₹15,771 per month to ₹17,405 per month in India. The take-home salary calculation is based on the average Bank of India Accountant salary in India which ranges between ₹1.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Accountant at Bank of India?

According to AmbitionBox, 58% of the Bank of India Accountant s reported a notice period of 15 days or less, 42% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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Bank of India Accountant Salaries

Bank of India Accountant salary in India ranges between ₹1.7 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of India latest salaries received from various employees of Bank of India.