Equitas Small Finance Bank Officer Grade 1 Salaries by 7 Employees

0 - 2 years exp.

₹2 Lakhs - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

66% less than the average Officer Grade 1 Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Officer Grade 1 Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr
Customer Success, Service & Operations Officer Grade 1 Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.1 L/yr
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BFSI, Investments & Trading Officer Grade 1 Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 30 Nov 2024

Companies similar to Equitas Small Finance Bank for Officer Grade 1

Company name	Avg Annual Salary	Open Jobs
Federal Bank Officer Grade 1 Salary 0 - 2 years exp. (34 salaries)	₹6.1 L/yr - ₹16.2 L/yr 421% more
Bank of Baroda Officer Grade 1 Salary 4 - 10 years exp. (8 salaries)	₹8.5 L/yr - ₹14 L/yr 437% more
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IndusInd Bank Officer Grade 1 Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 26% more
Jana Small Finance Bank Officer Grade 1 Salary 1 - 6 years exp. (6 salaries)	₹1.7 L/yr - ₹2.1 L/yr 8% less
DBS Bank Officer Grade 1 Salary 3 - 7 years exp. (5 salaries)	₹6.5 L/yr - ₹9 L/yr 250% more
Bank of India Officer Grade 1 Salary 6 - 8 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 413% more
Reserve Bank of India Officer Grade 1 Salary 0 - 3 years exp. (4 salaries)	₹18 L/yr - ₹31 L/yr 1053% more
Indian Bank Officer Grade 1 Salary 3 - 30 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 371% more
AU Small Finance Bank Officer Grade 1 Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 5% less

Officer Grade 1 salary at Equitas Small Finance Bank ranges between ₹2 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Officer Grade 1 salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹3.6 L/yr

Similar Designation salaries in Equitas Small Finance Bank

Officer Salary

(69 salaries)

₹1.38 L/yr - ₹4 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Quality Analyst Salary

(7 salaries)

₹1.84 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(312 salaries)

₹2.3 L/yr - ₹9.5 L/yr

Quality Manager Salary

(4 salaries)

₹5.5 L/yr - ₹7.15 L/yr

Software Engineer Salary

(6 salaries)

₹2.86 L/yr - ₹5.05 L/yr

Test Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹14 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Quality Controller Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Senior Test Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Equitas Small Finance Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Salary - Good

+4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Credit Officer in Pattukkottai

Full Time

Finance & Accounting Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Easy placement, once you give resume they call you to join before get offer letter. That's one thing only positive

Job security - Good

Dislikes

Lac of career growth, work life balance, salary hike is too low even you work for long year, You should ready to work for anytime even day and night, without any welfare. There is no any comb off leave and medical leave. It very miserly on work infrastructure.

Salary - Poor

+5 more

Rm Executive in Udumalaipettai

Full Time

Finance & Accounting Department

3.0

• posted on 21 Dec 2024

1.0

for Salary and Benefits

Likes

When I first joined this company, I liked the way ABM taught me about this business. Name: mathan sir

Dislikes

Every employee working for an rm should have the same salary. I work at Equitas Bank without any prior experience, but we do the work that experienced people do. Why do salaries differ for people doing the same job?

Salary - Bad

+3 more

Premium Acquisition Manager in Madurai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Dec 2024

5.0

for Salary and Benefits

Likes

I am joined 19th 2023 ON Time my role BDO After 1 year 10 month my work qualif the role change salary and grant. Now I am premium acquisition manager so I am tell contest wonderful support bank in india

Salary - Excellent

+6 more

Dislikes

No dislike

Assistant Manager- HR in Chennai

Full Time

Human Resources Department

1.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

Banking Holidays

Dislikes

Politics play an important role in the bank, No growth, no salary hike and benefits, simply rich getter richer and poor getter poor, uneducated HR are sitting simple with more package, operations team working hard is getting very low package, MR CEO, should look on to this issues directly,

Salary - Bad

+6 more

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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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Equitas Small Finance Bank Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at Equitas Small Finance Bank ?

The average salary of a Officer Grade 1 at Equitas Small Finance Bank in India typically ranges from ₹2.0 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Officer Grade 1 at Equitas Small Finance Bank earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Officer Grade 1 Salaries at Equitas Small Finance 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 7 Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Officer Grade 1 at Equitas Small Finance Bank in India?

The estimated take-home salary of a Officer Grade 1 at Equitas Small Finance Bank in India typically ranges from ₹14,262 to ₹15,766 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 2 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 7 salaries received from various employees of Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Equitas Small Finance Bank for Officer Grade 1 in India?

Reserve Bank of India	₹18.0 Lakhs to ₹31.0 Lakhs per year
Bank of Baroda	₹8.5 Lakhs to ₹14.0 Lakhs per year
Federal Bank	₹6.1 Lakhs to ₹16.2 Lakhs per year
Bank of India	₹8.0 Lakhs to ₹12.0 Lakhs per year
Indian Bank	₹6.0 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Officer Grade 1 in companies similar to Equitas Small Finance Bank in India?

The salary of a Officer Grade 1 at companies similar to Equitas Small Finance Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DBS Bank	₹6.5 Lakhs to ₹9.0 Lakhs per year
IndusInd Bank	₹2.3 Lakhs to ₹3.0 Lakhs per year
AU Small Finance Bank	₹1.8 Lakhs to ₹2.3 Lakhs per year
Jana Small Finance Bank	₹1.7 Lakhs to ₹2.1 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 Officer Grade 1 at Equitas Small Finance Bank in India?

The salary growth for a Officer Grade 1 at Equitas Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Officer Grade 1 can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.7 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.6 Lakhs per year

and so on.

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Equitas Small Finance Bank Officer Grade 1 Salaries

Equitas Small Finance Bank Officer Grade 1 salary in India ranges between ₹2 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.