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India Post Payments Bank Salaries in Madurai

based on 10 latest salaries
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Designation Avg Annual Salary Open Jobs
16 - 18 years exp. · Madurai (3 salaries)
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₹13.5 L/yr - ₹15 L/yr

16 years exp. · Madurai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Fresher · Madurai (AmbitionBox Estimate)
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₹0.6 L/yr - ₹0.8 L/yr

18 years exp. · Madurai (AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr

Starting your career? Discover India Post Payments Bank fresher salaries in India
14 - 16 years exp. · Madurai (4 salaries)
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₹15 L/yr - ₹22.6 L/yr

Last Updated: 1 Sep, 2024

Salary related reviews for India Post Payments Bank

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 .

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Full Time

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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!

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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!

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Full Time

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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.

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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.

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Full Time

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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.

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Dislikes

1. Staff to access point parity.

Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 22 Nov 2023

5.0
 for  Salary and Benefits

Likes

Pay is good.

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.

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India Post Payments Bank Salary FAQs

What is the notice period at India Post Payments Bank in Madurai?
According to AmbitionBox, 25% of the India Post Payments Bank employees in Madurai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Average annual salary in India Post Payments Bank , Madurai is INRunlock blur . Salary estimates are based on 10 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.

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