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Central Bank of India Apprentice salaries in Mumbai

Annual salary range
Select experience
₹1.2 Lakh - ₹3 Lakhs
Salary of majority employees
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5% less than the average Apprentice Salary in Banking Companies for 1 year of experience

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Salaries in different departments

Customer Success, Service & Operations
Apprentice Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2 L/yr

Finance & Accounting
Apprentice Salary
1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3 L/yr

Marketing & Communication
Apprentice Salary
1 year exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2 L/yr

Last Updated: 11 Dec 2024

Companies similar to Central Bank of India for Apprentice in Mumbai

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Central Bank of India Apprentice Salary

1 year exp. (4 salaries)

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₹1.2 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bank of America Apprentice Salary

0 - 1 year exp. (3 salaries)

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₹6 L/yr - ₹6.6 L/yr

arrow icon 225% more
1 job opening
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Bharat Petroleum Apprentice Salary

0 - 4 years exp. (15 salaries)

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₹2.2 L/yr - ₹3.3 L/yr

arrow icon 29% more
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₹1 L/yr - ₹3 L/yr

arrow icon 26% less
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Indian Oil Corporation Apprentice Salary

0 - 1 year exp. (6 salaries)

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₹1.2 L/yr - ₹2.3 L/yr

arrow icon 9% less
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Mahindra & Mahindra Apprentice Salary

1 - 2 years exp. (4 salaries)

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₹0.9 L/yr - ₹1.6 L/yr

arrow icon 20% less
Apprentice salary at Central Bank of India ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Central Bank of India.

Latest annual salaries shared by Central Bank of India Apprentice in Mumbai

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Experience wise Central Bank of India Apprentice salaries in Mumbai

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.2 L/yr - ₹3 L/yr

Salary related reviews for Central Bank of India

1.0

Rated by 1 employees for salary & benefits

Contractual

 · 

Other Department

5.0
  •  posted on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

Dislikes

Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

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Full Time

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Customer Success, Service & Operations Department

3.0
  •  posted on 17 Aug 2024

4.0
 for  Salary and Benefits

Likes

Job is permanent. Salary and Perks are good.

Dislikes

There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

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Contractual

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BFSI, Investments & Trading Department

4.0
  •  posted on 20 Sep 2024

3.0
 for  Salary and Benefits

Likes

Employees are very familiar and the work environment is very positive

Dislikes

The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

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BFSI, Investments & Trading Department

4.0
  •  posted on 22 Dec 2020

4.0
 for  Salary and Benefits

Likes

Job Security. Freedom to take Credit decision, to work Honest, independent. Regular and increase in Salary every year considerably. Union activities allowed considerably. Regular Training imported at Mumbai and Kolkatta.Job satisfaction that I have served to the needy people of this Great Nation.

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Dislikes

Salary is common to all Efficient and others. Some sort of compulsion from Govt side for Credit but not helping for Recovery.

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Engineering - Software & QA Department

4.0
  •  posted on 22 Mar 2018

4.0
 for  Salary and Benefits

Likes

People are really supportive if you are in IT section. You have full freedom to explore and try new initiatives.

Dislikes

...ghly process driven. A small project may take several months just for approvals. Standard compensation as per govt guidelines no performance based benefits. Lack of staff and work at field level is really horrible. You are made to do many things which are not under your scope of work by your bosses.

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Central Bank of India Apprentice Salary FAQs

What is the salary of Apprentice at Central Bank of India Mumbai?
Apprentice salary at Central Bank of India in Mumbai ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for 1 year of experience. According to our estimates it is 5% less than the average Apprentice Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Central Bank of India Mumbai.
How does the salary of a Apprentice at Central Bank of India Mumbai compare with the average salary range for this job?
The average salary of a Apprentice at Central Bank of India is 5% less than the average salary of a Apprentice in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Central Bank of India to a Apprentice in Mumbai?
  • Bank of America Apprentice Salary - ₹6.0 Lakhs to ₹6.6 Lakhs per year
  • Bharat Petroleum Apprentice Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
What is the salary of a Apprentice in companies similar to Central Bank of India in Mumbai?
  • Indian Oil Corporation Apprentice Salary - ₹1.2 Lakhs to ₹2.3 Lakhs per year
  • Mahindra & Mahindra Apprentice Salary - ₹0.9 Lakhs to ₹1.6 Lakhs per year
  • Oil And Natural Gas Corporation Apprentice Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Apprentice at Central Bank of India in Mumbai?
The estimated take-home salary of a Apprentice at Central Bank of India ranges between ₹13,889 per month to ₹15,360 per month in Mumbai. The take-home salary calculation is based on the average Central Bank of India Apprentice salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Apprentice at Central Bank of India in Mumbai?
According to AmbitionBox, 75% of the Central Bank of India Apprentices in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Central Bank of India Apprentice salary in Mumbai ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Central Bank of India latest salaries received from various employees of Central Bank of India.