Bombay Mercantile Co-Operative Bank Junior Officer Salaries by 4 Employees

4 - 6 years exp.

₹5.4 Lakhs - ₹7.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

104% more than the average Junior Officer Salary for 4 - 6 years of experience

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Salaries in different departments

Finance & Accounting Junior Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
Data Science & Analytics Junior Officer Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Human Resources Junior Officer Salary 6 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 8 Nov 2024

Companies similar to Bombay Mercantile Co-Operative Bank for Junior Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Junior Officer Salary 1 - 6 years exp. (939 salaries)	₹0.9 L/yr - ₹4.5 L/yr 62% less	1 job opening
ICICI Bank Junior Officer Salary 0 - 5 years exp. (106 salaries)	₹1.1 L/yr - ₹3.5 L/yr 67% less
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Axis Bank Junior Officer Salary 0 - 6 years exp. (24 salaries)	₹1.5 L/yr - ₹3 L/yr 67% less
Kotak Mahindra Bank Junior Officer Salary 1 - 7 years exp. (17 salaries)	₹1.2 L/yr - ₹4 L/yr 58% less
TCS Junior Officer Salary 2 - 3 years exp. (7 salaries)	₹2 L/yr - ₹3.3 L/yr 53% less
Reliance Industries Junior Officer Salary 2 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹5 L/yr 44% less
Wipro Junior Officer Salary 1 - 2 years exp. (5 salaries)	₹1.6 L/yr - ₹2.5 L/yr 67% less
Amazon Junior Officer Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 57% less
Infosys Junior Officer Salary 0 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 22% less
Cognizant Junior Officer Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 40% less
Larsen & Toubro Limited Junior Officer Salary 8 - 11 years exp. (4 salaries)	₹2.6 L/yr - ₹6.8 L/yr 24% less
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Accenture Junior Officer Salary 0 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹6 L/yr 54% less
Capgemini Junior Officer Salary 2 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹6.4 L/yr 23% less

Junior Officer salary at Bombay Mercantile Co-Operative Bank ranges between ₹5.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bombay Mercantile Co-Operative Bank.

Experience wise Bombay Mercantile Co-Operative Bank Junior Officer salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.2 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹11.1 L/yr

Similar Designation salaries in Bombay Mercantile Co-Operative Bank

Officer Salary

(5 salaries)

₹6 L/yr - ₹10 L/yr

Assistant General Manager Salary

(4 salaries)

₹11 L/yr - ₹19 L/yr

MIS Coordinator Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Data Entry Operator Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Salary related reviews for Bombay Mercantile Co-Operative Bank

4.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in Mumbai

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

Job security - Good

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

Promotions - Poor

Junior Officer in Mumbai

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...

Salary - Good

+6 more

Dislikes

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

Marketing Executive in Navi Mumbai

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.

Salary - Good

+5 more

Dislikes

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

Collection And Recovery Officer in Ahmedabad

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

Salary - Good

+5 more

Dislikes

No dislike

Promotions - Bad

Branch Banking Officer in Lucknow

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.

Salary - Excellent

+4 more

Dislikes

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

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bombay Mercantile Co-Operative Bank Junior Officer Salary FAQs

What is the salary of Junior Officer at Bombay Mercantile Co-Operative Bank ?

The average salary of a Junior Officer at Bombay Mercantile Co-Operative Bank in India typically ranges from ₹5.4 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Junior Officer at Bombay Mercantile Co-Operative Bank earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Junior Officer Salaries at Bombay Mercantile 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 4 Bombay Mercantile Co-Operative Bank employees in India.

What is the estimated take home salary of a Junior Officer at Bombay Mercantile Co-Operative Bank in India?

The estimated take-home salary of a Junior Officer at Bombay Mercantile Co-Operative Bank in India typically ranges from ₹49,074 to ₹50,234 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 4 years 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 4 salaries received from various employees of Bombay Mercantile Co-Operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Junior Officer in companies similar to Bombay Mercantile Co-Operative Bank in India?

The salary of a Junior Officer at companies similar to Bombay Mercantile Co-Operative Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Infosys	₹3.6 Lakhs to ₹6.0 Lakhs per year
Capgemini	₹3.3 Lakhs to ₹6.4 Lakhs per year
Larsen & Toubro Limited	₹2.6 Lakhs to ₹6.8 Lakhs per year
Cognizant	₹1.8 Lakhs to ₹4.5 Lakhs per year
Reliance Industries	₹2.8 Lakhs to ₹5.0 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 Junior Officer at Bombay Mercantile Co-Operative Bank in India?

The salary growth for a Junior Officer at Bombay Mercantile Co-Operative Bank depends on factors such as experience, performance, and promotions. On average, a Junior Officer can expect the following growth trajectory at Bombay Mercantile Co-Operative Bank:

Experience	Average Salary Range
4 years	₹6.0 Lakhs to ₹7.2 Lakhs per year
5 years	₹2.6 Lakhs to ₹7.2 Lakhs per year
6 years	₹5.4 Lakhs to ₹11.1 Lakhs per year

and so on.

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Bombay Mercantile Co-Operative Bank Junior Officer Salaries

Bombay Mercantile Co-Operative Bank Junior Officer salary in India ranges between ₹5.4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bombay Mercantile Co-Operative Bank latest salaries received from various employees of Bombay Mercantile Co-Operative Bank.

Bombay Mercantile Co-Operative Bank Junior Officer salaries in India

Companies similar to Bombay Mercantile Co-Operative Bank for Junior Officer

Latest annual salaries shared by Bombay Mercantile Co-Operative Bank Junior Officer

Experience wise Bombay Mercantile Co-Operative Bank Junior Officer salaries

Similar Designation salaries in Bombay Mercantile Co-Operative Bank

Salary related reviews for Bombay Mercantile Co-Operative Bank

Assistant Branch Manager in Mumbai

Junior Officer in Mumbai

Marketing Executive in Navi Mumbai

Collection And Recovery Officer in Ahmedabad

Branch Banking Officer in Lucknow

Bombay Mercantile Co-Operative Bank Junior Officer Salary FAQs

Tell us how to improve this page.