City Union Bank Business Correspondent Salaries by 4 Employees

1 - 5 years exp.

₹1 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% less than the average Business Correspondent Salary in Banking Companies for 1 - 5 years of experience

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Last Updated: 24 Aug 2024

Companies similar to City Union Bank for Business Correspondent

Company name	Avg Annual Salary	Open Jobs
Canara Bank Business Correspondent Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹5.2 L/yr 75% more
Central Bank of India Business Correspondent Salary 0 - 6 years exp. (9 salaries)	₹1.5 L/yr - ₹3 L/yr 42% more
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HDFC Bank Business Correspondent Salary 1 - 5 years exp. (6 salaries)	₹1.9 L/yr - ₹3.6 L/yr 47% more
Axis Bank Business Correspondent Salary 2 - 7 years exp. (6 salaries)	₹0.9 L/yr - ₹2.8 L/yr 30% more
IndusInd Bank Business Correspondent Salary 2 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 65% more
ICICI Bank Business Correspondent Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr 72% more
Union Bank of India Business Correspondent Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3.3 L/yr 25% more
IDFC FIRST Bank Business Correspondent Salary 2 - 12 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 77% more
UCO Bank Business Correspondent Salary 5 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 57% more
J&K Bank Business Correspondent Salary 5 - 15 years exp. (3 salaries)	₹3.2 L/yr - ₹8 L/yr 247% more

Business Correspondent salary at City Union Bank ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of City Union Bank.

Experience wise City Union Bank Business Correspondent salaries

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr

Similar Designation salaries in City Union Bank

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Business Development Executive Salary

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₹3 L/yr - ₹7 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Branch Manager Salary

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₹7.5 L/yr - ₹19 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for City Union Bank

Relationship Manager in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 21 Feb 2025

1.0

for Salary and Benefits

Likes

For freshers this is good bank only for learning. Don't expect respect and salary just learn and switch.

Skill development - Good

+1 more

Dislikes

...aves credited during probation and probation could be 2 years instead of 1 year. Salary is low but expections high. Employee can do work with passion if salary is good.

Salary - Bad

+3 more

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Dec 2023

1.0

for Salary and Benefits

Likes

Dislikes

No work life balance You need to pay your exgratia that you got when you leave the company You can claim the amount for your earned leaves after 10 years from confirmation If you have employee home loan in this bank, when you leave it will convert to normal housing loan and you need to pay the penalty amount from date of Disbursement to current date. Branch culture is worst ; you need to take care of each & everything in branch from ATM loading; admin activities to officer / manager role

Salary - Bad

+4 more

Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 23 Oct 2023

1.0

for Salary and Benefits

Likes

Learning opportunities are high as compare to other banks.

Skill development - Good

+2 more

Dislikes

...s are not there so if one joins there so next 3-4 years the salary will be same. Also the HR policies are not good we one plans to take exit from the bank has to pay a lum sum amount last one year bonus, traing and recruitment cost etc etc and that is comes around 8-10 percents wt u got in last 3-4 years. So specially for middle class people this bank is not recommended. Also the bank is not that safe for girls

Salary - Bad

+2 more

Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing to be liked. Their motto is like LIC but with very different meaning: sucking your blood - employment ke saath bhi employment ke baad bhi. They demand ridiculous amount of money in the name of training cost whenever you quit (they have your original certificates) . Amount is not fixed as it depends on how much you have earned till then (the HR deptt has special calculator for this)

Job security - Good

Dislikes

...he name is deceiving by combining two famous bank names (Citti + Union bank). You are not losing any money by letting employees keep the salary they deserve, but by your attitude which makes good employees leave.

Salary - Bad

+4 more

Relationship Manager in Surat

Full Time

Sales & Operations Department

1.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

Employee will get to know all banking terms From operations to sales everything

Job security - Excellent

Dislikes

They will provide you bonus and will provide you training as well in a year But at the time you will leave they will take it back from you. Means how rude a company can be that they are getting the bonus and back from employee for which the employee had worked very hard in a financial year. There is som many reasons like this to dislike this company

Salary - Poor

+4 more

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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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City Union Bank Business Correspondent Salary FAQs

What is the salary of Business Correspondent at City Union Bank ?

The average salary of a Business Correspondent at City Union Bank in India typically ranges from ₹1.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Correspondent at City Union Bank earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Business Correspondent Salaries at City Union 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 City Union Bank employees in India.

What is the estimated take home salary of a Business Correspondent at City Union Bank in India?

The estimated take-home salary of a Business Correspondent at City Union Bank in India typically ranges from ₹11,216 to ₹12,456 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 City Union Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than City Union Bank 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
IndusInd Bank	₹2.5 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by City Union Bank, depending on the role and experience level.

What is the salary of a Business Correspondent in companies similar to City Union Bank in India?

The salary of a Business Correspondent at companies similar to City Union Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UCO Bank	₹2.2 Lakhs to ₹3.5 Lakhs per year
HDFC Bank	₹1.9 Lakhs to ₹3.6 Lakhs per year
Central Bank of India	₹1.5 Lakhs to ₹3.0 Lakhs per year
Axis Bank	₹0.9 Lakhs to ₹2.8 Lakhs per year
Union Bank of India	₹1.0 Lakhs to ₹3.3 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 City Union Bank in India?

The salary growth for a Business Correspondent at City Union Bank depends on factors such as experience, performance, and promotions. On average, a Business Correspondent can expect the following growth trajectory at City Union Bank:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹0.9 Lakhs to ₹1.1 Lakhs per year
5 years	₹0.9 Lakhs to ₹1.1 Lakhs per year

and so on.

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City Union Bank Business Correspondent Salaries

City Union Bank Business Correspondent salary in India ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 City Union Bank latest salaries received from various employees of City Union Bank.