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Indian Bank Banking Officer salaries in India

Annual salary range
0 - 12 years exp.
₹5.6 Lakhs - ₹14.4 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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110% more than the average Banking Officer Salary in Banking Companies for 0 - 12 years of experience

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Last Updated: 13 Aug 2023

Companies similar to Indian Bank for Banking Officer

Company name Avg Annual Salary Open Jobs
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State Bank of India Banking Officer Salary

1 - 15 years exp. (88 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 9% less
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HDFC Bank Banking Officer Salary

0 - 8 years exp. (433 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 63% less
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ICICI Bank Banking Officer Salary

0 - 6 years exp. (565 salaries)

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₹1 L/yr - ₹6.4 L/yr

arrow icon 58% less
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Axis Bank Banking Officer Salary

0 - 6 years exp. (235 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 60% less
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Punjab National Bank Banking Officer Salary

2 - 25 years exp. (28 salaries)

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₹7.3 L/yr - ₹15 L/yr

arrow icon 14% more
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Bank of Baroda Banking Officer Salary

0 - 12 years exp. (103 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 1% less
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Canara Bank Banking Officer Salary

2 - 12 years exp. (58 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 24% more
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Kotak Mahindra Bank Banking Officer Salary

1 - 7 years exp. (189 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 59% less
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Yes Bank Banking Officer Salary

0 - 6 years exp. (107 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 64% less
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IDBI Bank Banking Officer Salary

2 - 15 years exp. (23 salaries)

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₹6.6 L/yr - ₹20 L/yr

arrow icon 34% more
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IDFC FIRST Bank Banking Officer Salary

0 - 6 years exp. (612 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 58% less
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AU Small Finance Bank Banking Officer Salary

0 - 6 years exp. (352 salaries)

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₹1.1 L/yr - ₹5.4 L/yr

arrow icon 57% less
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Bandhan Bank Banking Officer Salary

0 - 8 years exp. (157 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 70% less
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IndusInd Bank Banking Officer Salary

1 - 7 years exp. (130 salaries)

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₹1.5 L/yr - ₹7 L/yr

arrow icon 59% less
1 job opening
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₹1 L/yr - ₹5 L/yr

arrow icon 60% less
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Standard Chartered Banking Officer Salary

1 - 10 years exp. (63 salaries)

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₹1.7 L/yr - ₹6 L/yr

arrow icon 50% less
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₹1 L/yr - ₹3.6 L/yr

arrow icon 74% less
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₹1.3 L/yr - ₹4.1 L/yr

arrow icon 66% less
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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 69% less
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Indian Overseas Bank Banking Officer Salary

0 - 15 years exp. (12 salaries)

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₹5.6 L/yr - ₹13.5 L/yr

At par
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Banking Officer salary at Indian Bank ranges between ₹5.6 Lakhs to ₹14.4 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 9 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Banking Officer

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7 years exp.
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Experience wise Indian Bank Banking Officer salaries

Last Updated: 13 Aug 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.9 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹11.4 L/yr
3 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
View all

Similar Designation salaries in Indian Bank

Management Trainee Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹12 L/yr - ₹15 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr
Team Lead Salary
(3 salaries)
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₹4.7 L/yr - ₹18 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Indian Bank

2.8

Rated by 3 employees for salary & benefits

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

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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

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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.

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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

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.

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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

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
see more salary related reviews

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Indian Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at Indian Bank?
Banking Officer salary at Indian Bank in India ranges between ₹5.6 Lakhs to ₹14.4 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 110% more than the average Banking Officer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Indian Bank India.
How does the salary of a Banking Officer at Indian Bank India compare with the average salary range for this job?
The average salary of a Banking Officer at Indian Bank is 110% more than the average salary of a Banking Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Banking Officer in India?
  • Barclays Banking Officer Salary - ₹7.5 Lakhs to ₹23.1 Lakhs per year
  • IDBI Bank Banking Officer Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
  • Canara Bank Banking Officer Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
  • Bank of Maharashtra Banking Officer Salary - ₹7.5 Lakhs to ₹15.4 Lakhs per year
  • Punjab National Bank Banking Officer Salary - ₹7.3 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Banking Officer in companies similar to Indian Bank in India?
  • NatWest Group Banking Officer Salary - ₹3.8 Lakhs to ₹17.1 Lakhs per year
  • Indian Overseas Bank Banking Officer Salary - ₹5.6 Lakhs to ₹13.5 Lakhs per year
  • Bank of Baroda Banking Officer Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • State Bank of India Banking Officer Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year
  • Union Bank of India Banking Officer Salary - ₹3.0 Lakhs to ₹12.3 Lakhs per year
What is the estimated take home salary of a Banking Officer at Indian Bank in India?
The estimated take-home salary of a Banking Officer at Indian Bank ranges between ₹60,918 per month to ₹62,461 per month in India. The take-home salary calculation is based on the average Indian Bank Banking Officer salary in India which ranges between ₹5.6 Lakhs to ₹14.4 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Banking Officer at Indian Bank?
According to AmbitionBox, 27% of the Indian Bank Banking Officers reported a notice period of 2 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Banking Officer salary in India ranges between ₹5.6 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Indian Bank latest salaries received from various employees of Indian Bank.