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Deccan Merchants Op Bank Clerk salaries in India (Updated 2025)

Annual salary range
0 - 11 years exp.
₹1 Lakh - ₹3 Lakhs
Salary of majority employees
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53% less than the average Clerk Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Clerk Salary
7 - 10 years exp. (3 salaries)
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₹1.4 L/yr - ₹1.7 L/yr

Finance & Accounting
Clerk Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.7 L/yr

Last Updated: 19 Jan 2025

Companies similar to Deccan Merchants Op Bank for Clerk

Company name Avg Annual Salary Open Jobs
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Indian Army Clerk Salary

5 - 28 years exp. (105 salaries)

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₹1.6 L/yr - ₹10 L/yr

arrow icon 289% more
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The Cosmos Co-operative Bank Clerk Salary

0 - 10 years exp. (95 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 89% more
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Abhyudaya Co-operative Bank Clerk Salary

1 - 12 years exp. (83 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 132% more
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VRL Logistics Clerk Salary

1 - 5 years exp. (69 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 41% more
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Tamilnad Mercantile Bank Clerk Salary

1 - 10 years exp. (67 salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 282% more
Clerk salary at Deccan Merchants Op Bank ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Deccan Merchants Op Bank.

Latest annual salaries shared by Deccan Merchants Op Bank Clerk

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11 years exp.
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1 year exp.
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10 years exp.
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9 years exp.
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7 years exp.
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8 years exp.

Experience wise Deccan Merchants Op Bank Clerk salaries

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
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Similar Designation salaries in Deccan Merchants Op Bank

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₹2.3 L/yr - ₹3 L/yr
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₹5.2 L/yr - ₹7.8 L/yr
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₹1.8 L/yr - ₹2 L/yr
Front Desk Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Office Assistant Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Loan Executive Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Office Clerk Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Back Office Assistant Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Deccan Merchants Op Bank Clerk Salary FAQs

What is the salary of Clerk at Deccan Merchants Op Bank ?
The average salary of a Clerk at Deccan Merchants Op Bank in India typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Clerk at Deccan Merchants Op Bank earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Clerk Salaries at Deccan Merchants Op 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 8 Deccan Merchants Op Bank employees in India.
What is the estimated take home salary of a Clerk at Deccan Merchants Op Bank in India?
The estimated take-home salary of a Clerk at Deccan Merchants Op Bank in India typically ranges from ₹11,112 to ₹12,343 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 8 salaries received from various employees of Deccan Merchants Op Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Deccan Merchants Op Bank for Clerk in India?
Indian Army ₹1.6 Lakhs to ₹10.0 Lakhs per year
Tamilnad Mercantile Bank ₹2.4 Lakhs to ₹10.0 Lakhs per year
Abhyudaya Co-operative Bank ₹2.0 Lakhs to ₹6.0 Lakhs per year
The Cosmos Co-operative Bank ₹1.0 Lakhs to ₹5.0 Lakhs per year
VRL Logistics ₹1.5 Lakhs to ₹3.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Deccan Merchants Op Bank, depending on the role and experience level.
How the salary growth look like for a Clerk at Deccan Merchants Op Bank in India?
The salary growth for a Clerk at Deccan Merchants Op Bank depends on factors such as experience, performance, and promotions. On average, a Clerk can expect the following growth trajectory at Deccan Merchants Op Bank:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹2.8 Lakhs per year
1 year ₹1.1 Lakhs to ₹2.9 Lakhs per year
2 years ₹1.3 Lakhs to ₹2.9 Lakhs per year
3 years ₹1.5 Lakhs to ₹1.9 Lakhs per year
and so on.

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Deccan Merchants Op Bank Clerk salary in India ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Deccan Merchants Op Bank latest salaries received from various employees of Deccan Merchants Op Bank.