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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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37% 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

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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 16% less
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Federal Bank Probationary Officer Salary

0 - 3 years exp. (11 salaries)

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₹7.3 L/yr - ₹12 L/yr

arrow icon 150% more
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₹7.5 L/yr - ₹10 L/yr

arrow icon 113% 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. (25 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 44% less
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

3mo ago
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4 years exp.
5mo ago
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3 years exp.
1y ago
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2 years exp.
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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

Senior Associate Salary
(237 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
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₹2.15 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(60 salaries)
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₹7.7 L/yr - ₹16 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

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.

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

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Full Time

 · 

Branch Banking Department

1.0
  •  posted on 27 Jul 2022

1.0
 for  Salary and Benefits

Likes

U will be trained in every section of banking

Dislikes

...ank. 4.Max in training you will be pai 17 k after that 23 k through the career..your salary will be hiked only if you get promotion...It will take 5 yes to 10 yrs to get promotion. 5.You have to do marketing,Telecalling,Cross selling of Multiple insurances and Products ,Branch work, Recovery,Loan proposal sourcing and processing but in return you will be paid nothing. 6.They will say your training period is 6 months but they will take 1 yr to move you from training to probation.after that 1 year probation period will be extended upto 1 and half year...Tottaly it will take 3 years to get confirmation if your performance is Exceptionally good(note:if your performance is low you will not be confirmed in the service eventhough it is 10 yrs) 7.After joining in this bank there will be no personal Life forget about it always bank. 8.They will torture you like anything eventhough if you perform well 9.The will send you for local tour in the name of deputation without Travel allowance and Batta 10.If you choose to leave the bank you have to pay min 50k to 1 L...The salary you earned for months will be technically recovered. The points i stated above is Bible of the Bank if you want to read it join the bank and spoil your career. I beg you people's not to join the bank..eventhough if you join how will leave the bank immediately by yourself in these days.

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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)

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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.

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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

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

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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 37% 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 37% 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 ₹12.0 Lakhs per year
  • South Indian Bank Probationary Officer Salary - ₹7.5 Lakhs to ₹10.0 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.