Coastal Local Area Bank Vijayawada Officer Salaries by 6 Employees

1 - 6 years exp.

₹1.8 Lakh - ₹3.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Officer Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Officer Salary 1 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.4 L/yr
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BFSI, Investments & Trading Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr

Last Updated: 9 Dec 2023

Companies similar to Coastal Local Area Bank for Officer in Vijayawada

Coastal Local Area Bank Officer Salary

1 - 6 years exp. (6 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Greenko Group Officer Salary 1 - 4 years exp. (6 salaries)	₹2.2 L/yr - ₹4.8 L/yr 75% more
Punjab & Sind Bank Officer Salary 7 - 10 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 333% more
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The Ramco Cements Officer Salary 10 - 11 years exp. (3 salaries)	₹6.8 L/yr - ₹7.5 L/yr 211% more
Berger Paints Officer Salary 4 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹5.9 L/yr 121% more

Officer salary at Coastal Local Area Bank ranges between ₹1.8 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Coastal Local Area Bank.

Experience wise Coastal Local Area Bank Officer salaries in Vijayawada

Last Updated: 9 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

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Salary related reviews for Coastal Local Area Bank

3.4

Rated by 2 employees for salary & benefits

Assistant Manager in Jangareddigudem

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 Oct 2024

1.0

for Salary and Benefits

Likes

...lete comfort zone.... not war zone no targets no pressure no salary increment... recently introduced variable pay but the V.P achieved so many rules. not respect senior employs.. each branch has a unique rule,, Management gives full support to the staff who are always praising the management... finally good...

Skill development - Excellent

+1 more

Dislikes

Salary increment is very low...

Salary - Bad

+4 more

Branch Manager

Banking - Branch Head Department

4.0

• posted on 23 Aug 2017

5.0

for Salary and Benefits

Likes

...sphere, job security, No politics, slow career growth because of small net work. In coastal bank no appraisal system, no scale of pay. management give nominal increment to every employee in the financial year beginning

Salary - Excellent

+4 more

Dislikes

Slow growth, No incremental benefit

see more salary related reviews

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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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Coastal Local Area Bank Officer Salary FAQs

What is the salary of Officer at Coastal Local Area Bank in Vijayawada?

The average salary of a Officer at Coastal Local Area Bank in Vijayawada typically ranges from ₹1.8 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Officer in Vijayawada at Coastal Local Area Bank earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Officer Salaries at Coastal Local Area 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 6 Coastal Local Area Bank employees in India.

What is the estimated take home salary of a Officer at Coastal Local Area Bank in Vijayawada?

The estimated take-home salary of a Officer at Coastal Local Area Bank in Vijayawada typically ranges from ₹16,055 to ₹17,713 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Coastal Local Area Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Coastal Local Area Bank for Officer in India?

Punjab & Sind Bank	₹8.0 Lakhs to ₹15.0 Lakhs per year
The Ramco Cements	₹6.8 Lakhs to ₹7.5 Lakhs per year
Berger Paints	₹3.3 Lakhs to ₹5.9 Lakhs per year
Greenko Group	₹2.2 Lakhs to ₹4.8 Lakhs per year

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

How the salary growth look like for a Officer at Coastal Local Area Bank in Vijayawada?

The salary growth for a Officer at Coastal Local Area Bank in Vijayawada depends on factors such as experience, performance, and promotions. On average, a Officer in Vijayawada can expect the following growth trajectory at Coastal Local Area Bank:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Coastal Local Area Bank Officer Salaries in Vijayawada

Coastal Local Area Bank Officer salary in Vijayawada ranges between ₹1.8 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Coastal Local Area Bank latest salaries received from various employees of Coastal Local Area Bank.