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Indian Bank Back Office Executive salaries in India

Annual salary range
3 - 6 years exp.
₹1.2 Lakh - ₹2.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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21% less than the average Back Office Executive Salary in Banking Companies for 3 - 6 years of experience

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Salaries in different departments

Administration & Facilities
Back Office Executive Salary
3 - 6 years exp. (3 salaries)
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₹1.9 L/yr - ₹2.3 L/yr

BFSI, Investments & Trading
Back Office Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 16 Aug 2024

Companies similar to Indian Bank for Back Office Executive

Company name Avg Annual Salary Open Jobs
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₹0.8 L/yr - ₹4.5 L/yr

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HDFC Bank Back Office Executive Salary

0 - 7 years exp. (227 salaries)

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₹1 L/yr - ₹3.8 L/yr

arrow icon 31% more
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ICICI Bank Back Office Executive Salary

0 - 8 years exp. (216 salaries)

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₹1 L/yr - ₹4.3 L/yr

arrow icon 37% more
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Axis Bank Back Office Executive Salary

0 - 11 years exp. (226 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 32% more
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₹1 L/yr - ₹2.8 L/yr

arrow icon 12% less
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Bank of Baroda Back Office Executive Salary

1 - 9 years exp. (26 salaries)

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₹1 L/yr - ₹3.3 L/yr

arrow icon 21% more
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Canara Bank Back Office Executive Salary

1 - 5 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 30% more
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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 27% more
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Yes Bank Back Office Executive Salary

1 - 7 years exp. (113 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 37% more
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IDBI Bank Back Office Executive Salary

4 - 10 years exp. (46 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 36% more
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IndusInd Bank Back Office Executive Salary

1 - 6 years exp. (267 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 32% more
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IDFC FIRST Bank Back Office Executive Salary

0 - 6 years exp. (106 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 49% more
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₹1.4 L/yr - ₹3.5 L/yr

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Bandhan Bank Back Office Executive Salary

0 - 7 years exp. (57 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 32% more
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Deutsche Bank Back Office Executive Salary

0 - 12 years exp. (38 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 32% more
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₹0.6 L/yr - ₹3.5 L/yr

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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 18% more
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Barclays Back Office Executive Salary

0 - 11 years exp. (8 salaries)

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₹9 L/yr - ₹10.8 L/yr

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₹1.1 L/yr - ₹3.3 L/yr

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View all
Back Office Executive salary at Indian Bank ranges between ₹1.2 Lakh to ₹2.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Back Office Executive

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6 years exp.
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3 years exp.
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3 years exp.

Experience wise Indian Bank Back Office Executive salaries

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
5 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.1 L/yr

Similar Designation salaries in Indian Bank

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₹1.2 L/yr - ₹6.5 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
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₹1.96 L/yr - ₹3.5 L/yr
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₹1 L/yr - ₹4.2 L/yr
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₹1 L/yr - ₹1.5 L/yr
Senior Officer Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
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₹3.6 L/yr - ₹4.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Team Lead Salary
(4 salaries)
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₹4.7 L/yr - ₹18 L/yr

Salary related reviews for Indian Bank

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024

5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

  • Salary - Excellent
  • +4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more
  • Company culture - Poor

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more
  • Salary - Good
  • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 17 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job Safety, health insurance, decent salary. Simple Interest on loans for staff and 1% higher interest for staff on deposits.

read more
  • Job security - Good

Dislikes

Promotion is based on buttering GMs and seniors. Promotion interview marks are noted in pencil and then changed once it reached corporate office based on above criterion. Very few specialist officers are given promotion, preference if only for POs; DO NOT join as specialist officer if you are looking for career growth. Random transferring away from home. Branch Managers are excessively pressurized.

read more
  • Skill development - Poor
  • +4 more

Finance & Accounting Department

4.0
  •  posted on 28 Apr 2022

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

read more
  • Skill development - Good
  • +1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more
  • Job security - Poor
see more salary related reviews

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Indian Bank Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Indian Bank ?
The average salary of a Back Office Executive at Indian Bank in India typically ranges from ₹1.2 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Back Office Executive at Indian Bank earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Back Office Executive Salaries at Indian 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 4 Indian Bank employees in India.
What is the estimated take home salary of a Back Office Executive at Indian Bank in India?
The estimated take-home salary of a Back Office Executive at Indian Bank in India typically ranges from ₹12,652 to ₹14,017 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 3 years 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 4 salaries received from various employees of Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Bank for Back Office Executive in India?
Barclays ₹9.0 Lakhs to ₹10.8 Lakhs per year
Deutsche Bank ₹1.8 Lakhs to ₹6.5 Lakhs per year
NatWest Group ₹1.3 Lakhs to ₹4.0 Lakhs per year
Bank of America ₹1.2 Lakhs to ₹4.0 Lakhs per year
IDFC FIRST Bank ₹1.2 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Bank, depending on the role and experience level.
What is the salary of a Back Office Executive in companies similar to Indian Bank in India?
The salary of a Back Office Executive at companies similar to Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank ₹1.1 Lakhs to ₹3.3 Lakhs per year
AU Small Finance Bank ₹1.4 Lakhs to ₹3.5 Lakhs per year
Yes Bank ₹1.4 Lakhs to ₹3.5 Lakhs per year
ICICI Bank ₹1.0 Lakhs to ₹4.3 Lakhs per year
IDBI Bank ₹1.1 Lakhs to ₹3.5 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 Back Office Executive at Indian Bank in India?
The salary growth for a Back Office Executive at Indian Bank depends on factors such as experience, performance, and promotions. On average, a Back Office Executive can expect the following growth trajectory at Indian Bank:

Experience Average Salary Range
3 years ₹1.2 Lakhs to ₹2.1 Lakhs per year
4 years ₹1.6 Lakhs to ₹2.0 Lakhs per year
5 years ₹0.8 Lakhs to ₹2.1 Lakhs per year
6 years ₹2.1 Lakhs to ₹2.1 Lakhs per year
and so on.

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Indian Bank Back Office Executive salary in India ranges between ₹1.2 Lakh to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Bank latest salaries received from various employees of Indian Bank.