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Bombay Mercantile Co-Operative Bank Salaries in India

based on 32 latest salaries
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Designation Avg Annual Salary Open Jobs
5 - 26 years exp. (7 salaries)
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₹3.5 L/yr - ₹10 L/yr

11 - 31 years exp. (4 salaries)
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₹11 L/yr - ₹19 L/yr

4 - 6 years exp. (4 salaries)
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₹5.4 L/yr - ₹7.2 L/yr

21 - 22 years exp. (AmbitionBox Estimate)
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₹14.6 L/yr - ₹18.7 L/yr

1 - 3 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

0 - 4 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

5 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

21 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

2 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

31 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

16 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

30 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

1 - 2 years exp. (5 salaries)
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₹5.4 L/yr - ₹6.2 L/yr

Last Updated: 8 Jan, 2025

Salary related reviews for Bombay Mercantile Co-Operative Bank

3.3

Rated by 16 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 15 Oct 2024

3.0
 for  Salary and Benefits

Likes

Loyal Customer Base Cooperative Colleagues

Dislikes

Outdated policies wrt operations Slow loan disbursement process Lack of career growth Minimal salary hike Don't see your future here, if you are young and capable enough

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 May 2024

4.0
 for  Salary and Benefits

Likes

I am perfectly fit for the role that i was playing and a great experience gain in that sector if i got a chance so i will join again...

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Dislikes

Banking process is old need to be upgraded, while performing well sudden termination of employees that was not eccept able.

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Contractual

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Sep 2024

4.0
 for  Salary and Benefits

Likes

All the people I like worked were very kind and humble they teach you everything possible and help you resolve everything. Very understanding seniors and supporting staff. They respect everyone from seniors to sub ordinates equally. They provide fast and satisfactory services to customers.

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Dislikes

Nothing as such we can say that it’s way batter than other co operative bank and private banks.

Contractual

 · 

Other Department

5.0
  •  posted on 13 Oct 2023

4.0
 for  Salary and Benefits

Likes

My bank Bombay mercantile co operative Bank is excellent in overall rating,work life balance,job security,skill development,work satisfaction,,and company culture but promotion policy not good I am working in Bombay mercantile co operative Bank last 37 years.in 37 year service in Bank last 27 I am working in recovery of loan and advances and also recovery in NPA a/c last 27 years my follow up is very strong in last 27 years thousands of overdue a/c recover in overdue and NPA a/c and I am not avail leave in 37 years in entire service period 4 time lapse leave when I retire in my service more than 300 leave lapse not avail because of bank

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Dislikes

No dislike

BFSI, Investments & Trading Department

4.0
  •  posted on 11 Dec 2018

5.0
 for  Salary and Benefits

Likes

The best thing of Bombay Mercantile bank is a job security is 100 % and environment is also very healthy for all. I have learned so many things with my seniors and my team mates.

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Dislikes

Growth is very slow. Manager never ever appreciate ur work.

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Bombay Mercantile Co-Operative Bank Salary FAQs

How much does Bombay Mercantile Co-Operative Bank pay per year?
The average Bombay Mercantile Co-Operative Bank salary ranges from approximately ₹5.4 Lakhs to ₹6.2 Lakhs per year for a Assistant Manager and ₹3.5 Lakhs to ₹10 Lakhs per year for a Officer. Salary estimates are based on 32 Bombay Mercantile Co-Operative Bank salaries received from various employees of Bombay Mercantile Co-Operative Bank. Bombay Mercantile Co-Operative Bank employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Bombay Mercantile Co-Operative Bank?
The highest-paying job at Bombay Mercantile Co-Operative Bank is a Officer with a salary of ₹3.5 Lakhs to ₹10 Lakhs per year. The top 10% of employees earn more than ₹16.06 lakhs per year. The top 1% earn more than a whopping ₹19 lakhs per year.
What is the minimum salary in Bombay Mercantile Co-Operative Bank?
Minimum salary at Bombay Mercantile Co-Operative Bank depends on the role you are applying for. For MIS Coordinator the minimum salary is ₹1.3 Lakh to ₹1.6 Lakh per year, and for Junior Executive Assistant the minimum salary is ₹3.2 Lakhs to ₹4.1 Lakhs per year and so on.
What is the notice period at Bombay Mercantile Co-Operative Bank?
According to AmbitionBox, 50% of the Bombay Mercantile Co-Operative Bank employees reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 54 responses on AmbitionBox in last 2 years.

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Average annual salary in Bombay Mercantile Co-Operative Bank is INRunlock blur . Salary estimates are based on 32 Bombay Mercantile Co-Operative Bank latest salaries received from various employees of Bombay Mercantile Co-Operative Bank.

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