India Post Payments Bank Executive Salaries by 5 Employees

0 - 2 years exp.

₹3.6 Lakhs - ₹4 Lakhs

Salary of majority employees

23% less than the average Executive Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 30 Sep 2023

Companies similar to India Post Payments Bank for Executive

Company name	Avg Annual Salary	Open Jobs
Paytm Payments Bank Executive Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹2.8 L/yr 27% less
Airtel Payments Bank Executive Salary 3 - 6 years exp. (9 salaries)	₹3.2 L/yr - ₹5 L/yr 2% more
Login to view exact salary
Fino Payments Bank Executive Salary 1 - 6 years exp. (4 salaries)	₹1.3 L/yr - ₹3.1 L/yr 39% less
Jio Payments Bank Executive Salary 1 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr 5% less
Aditya Birla Idea Payments Bank Executive Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹4.2 L/yr 32% less
Vodafone Idea Executive Salary 1 - 10 years exp. (420 salaries)	₹1.5 L/yr - ₹7.1 L/yr 7% more
PayU Payments Executive Salary 0 - 5 years exp. (14 salaries)	₹2.6 L/yr - ₹4.8 L/yr 15% more
Mobikwik Executive Salary 0 - 5 years exp. (27 salaries)	₹2.6 L/yr - ₹4.1 L/yr 10% less	1 job opening
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IDBI Bank Executive Salary 0 - 5 years exp. (60 salaries)	₹1.2 L/yr - ₹5 L/yr 12% less
State Bank of India Executive Salary 0 - 5 years exp. (32 salaries)	₹1.4 L/yr - ₹4 L/yr 33% less
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New India Co-Op Bank Executive Salary 0 - 14 years exp. (10 salaries)	₹2.5 L/yr - ₹7.3 L/yr 17% more
Oaknorth Bank Executive Salary 0 - 3 years exp. (6 salaries)	₹7.5 L/yr - ₹14 L/yr 222% more
Union Bank of India Executive Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 46% less
Bank Muscat Executive Salary 0 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 16% less
Canara Bank Executive Salary 2 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹4.3 L/yr 8% more
Bank of India Executive Salary 0 - 8 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 14% less
The Co-operative Bank Executive Salary 1 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 38% less

Executive salary at India Post Payments Bank ranges between ₹3.6 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of India Post Payments Bank.

Experience wise India Post Payments Bank Executive salaries

Last Updated: 30 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

Salary related reviews for India Post Payments Bank

4.5

Rated by 4 employees for salary & benefits

Branch Head in West Bengal

Finance & Accounting Department

1.0

• posted on 12 May 2021

2.0

for Salary and Benefits

Likes

...nsfer phobia from top management among employees. No cordination from top heads. No revised salary of 11 bps and arrears. Sometimes situation comes for decreasing Salary .

Dislikes

Salary - Poor
Skill development - Bad

+4 more

Operations Manager

Full Time

Risk Management & Compliance Department

1.0

• posted on 20 Jul 2019

4.0

for Salary and Benefits

Likes

Apart from salary and a flashy designation not even a single thing is there to like!

Salary - Good

Dislikes

No learning at all! Be prepared to lose and forget the skills that you have developed over the years,while working with other banks as you will not get to do banking at all!!!!! One has to everything else from arranging camps in jhuggis and slums to configuring phones to handling service issues raised by customers,as post office counters refuse to serve the customers! And yes last but not the least, be prepared to get bashed by DoP officials and insensitive IPPB Corporate Office team. Don’t ever think of joining this bank as your career would go nowhere once you join this bank! Pathetic and worst organisation that I have ever worked with!

Skill development - Bad

+4 more

Banking Officer in Akola

Full Time

Finance & Accounting Department

1.0

• posted on 31 Dec 2023

1.0

for Salary and Benefits

Likes

Worst experience from IPPB which collaborated with India post i.e. govt. Entity. Don't apply such organization which needs target and has pressure over head every time.

Dislikes

I don't like this organization. Banking sector in India are in poor condition regarding humanitarian basis. They don't serve people but targeting people to fulfill business target. Such hectic can't explain in words.

Salary - Bad

+2 more

Senior Branch Operations Manager in Palakkad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Oct 2023

5.0

for Salary and Benefits

Likes

1. Opportunity to work with Government start up. 2. Work experience with the largest network, Department of Posts 3. Ability to serve the under privileged, financially excluded.

Salary - Excellent

+5 more

Dislikes

1. Staff to access point parity.

Senior Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 22 Nov 2023

5.0

for Salary and Benefits

Likes

Pay is good.

Salary - Excellent

Dislikes

Third-party product sales is running the bank's own products. Server issue with the banking platform. Most importantly the basis of IPPB was built on was with help of DOP but they themselves have now become non-cooperative. No mental peace at all.

Skill development - Bad

+3 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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India Post Payments Bank Executive Salary FAQs

What is the salary of Executive at India Post Payments Bank?

Executive salary at India Post Payments Bank in India ranges between ₹3.6 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 23% less than the average Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of India Post Payments Bank India.

How does the salary of a Executive at India Post Payments Bank India compare with the average salary range for this job?

The average salary of a Executive at India Post Payments Bank is 23% less than the average salary of a Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than India Post Payments Bank to a Executive in India?

Oaknorth Bank Executive Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
New India Co-Op Bank Executive Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year
PayU Payments Executive Salary - ₹2.6 Lakhs to ₹4.8 Lakhs per year
Canara Bank Executive Salary - ₹3.6 Lakhs to ₹4.3 Lakhs per year
Vodafone Idea Executive Salary - ₹1.5 Lakhs to ₹7.1 Lakhs per year

What is the salary of a Executive in companies similar to India Post Payments Bank in India?

Airtel Payments Bank Executive Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
Jio Payments Bank Executive Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
Mobikwik Executive Salary - ₹2.6 Lakhs to ₹4.1 Lakhs per year
IDBI Bank Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Bank of India Executive Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Executive at India Post Payments Bank in India?

The estimated take-home salary of a Executive at India Post Payments Bank ranges between ₹26,200 per month to ₹27,621 per month in India. The take-home salary calculation is based on the average India Post Payments Bank Executive salary in India which ranges between ₹3.6 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Executive at India Post Payments Bank?

According to AmbitionBox, 57% of the India Post Payments Bank Executives reported a notice period of 1 Month, 43% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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India Post Payments Bank Executive Salaries

India Post Payments Bank Executive salary in India ranges between ₹3.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.