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City Union Bank Probationary Officer salaries in Chennai

Annual salary range
2 - 4 years exp.
₹4 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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40% less than the average Probationary Officer Salary in Banking Companies for 2 - 4 years of experience

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Last Updated: 8 Sep 2024

Companies similar to City Union Bank for Probationary Officer in Chennai

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City Union Bank Probationary Officer Salary

2 - 4 years exp. (4 salaries)

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₹4 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Probationary Officer Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 26% less
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Federal Bank Probationary Officer Salary

0 - 3 years exp. (12 salaries)

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₹7.3 L/yr - ₹13 L/yr

arrow icon 160% more
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 124% more
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Canara Bank Probationary Officer Salary

1 - 3 years exp. (4 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 83% more
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Muthoot Finance Probationary Officer Salary

0 - 4 years exp. (27 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 43% less
3 job openings
Probationary Officer salary at City Union Bank ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of City Union Bank.

Latest annual salaries shared by City Union Bank Probationary Officer in Chennai

4mo ago
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4 years exp.
6mo ago
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3 years exp.
1y ago
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2 years exp.
1y ago
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2 years exp.

Experience wise City Union Bank Probationary Officer salaries in Chennai

Last Updated: 8 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.5 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.5 L/yr

Similar Designation salaries in City Union Bank

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₹2.15 L/yr - ₹6.5 L/yr
Senior Associate Salary
(229 salaries)
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₹2.5 L/yr - ₹6.52 L/yr
Deputy Manager Salary
(69 salaries)
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₹7 L/yr - ₹15 L/yr
Senior Analyst Salary
(3 salaries)
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₹4.3 L/yr - ₹6 L/yr

Salary related reviews for City Union Bank

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Dec 2023

1.0
 for  Salary and Benefits

Likes

No

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

read more
  • Salary - Bad
    +4 more

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

read more
  • Salary - Bad
    +2 more

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)

read more
  • 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.

read more
  • Salary - Bad
    +4 more

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

read more
  • Salary - Poor
    +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 23 Sep 2023

4.0
 for  Salary and Benefits

Likes

Salary is high comparative to the market Growth opportunities depending on your learning ability

read more
  • Salary - Good
    +1 more

Dislikes

Long working hours Performance based bonus which is not linked to work but with the customers we add The products are not liberal enough to promote to the customers as it has many cons comparing to the peer banks

read more
  • Work-life balance - Poor
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City Union Bank Probationary Officer Salary FAQs

What is the salary of Probationary Officer at City Union Bank Chennai?
Probationary Officer salary at City Union Bank in Chennai ranges between ₹4.0 Lakhs to ₹5.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 40% less than the average Probationary Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of City Union Bank Chennai.
How does the salary of a Probationary Officer at City Union Bank Chennai compare with the average salary range for this job?
The average salary of a Probationary Officer at City Union Bank is 40% less than the average salary of a Probationary Officer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than City Union Bank to a Probationary Officer in Chennai?
  • Federal Bank Probationary Officer Salary - ₹7.3 Lakhs to ₹13.0 Lakhs per year
  • South Indian Bank Probationary Officer Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
  • Canara Bank Probationary Officer Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Probationary Officer in companies similar to City Union Bank in Chennai?
  • ICICI Bank Probationary Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • Muthoot Finance Probationary Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Probationary Officer at City Union Bank in Chennai?
The estimated take-home salary of a Probationary Officer at City Union Bank ranges between ₹35,141 per month to ₹36,379 per month in Chennai. The take-home salary calculation is based on the average City Union Bank Probationary Officer salary in India which ranges between ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Probationary Officer at City Union Bank in Chennai?
According to AmbitionBox, 50% of the City Union Bank Probationary Officers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

City Union Bank Probationary Officer salary in Chennai ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 City Union Bank latest salaries received from various employees of City Union Bank.