Upload Button Icon Add office photos
filter salariesFilter salaries by

Indian Bank Business Correspondent salaries in India

Annual salary range
1 - 9 years exp.
₹1.2 Lakh - ₹3 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

16% less than the average Business Correspondent Salary in Banking Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Correspondent Salary
1 - 7 years exp. (5 salaries)
unlock-blur

₹1.2 L/yr - ₹3 L/yr

Procurement & Supply Chain
Business Correspondent Salary
8 - 9 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.8 L/yr - ₹3.2 L/yr

Last Updated: 19 Apr 2023

Companies similar to Indian Bank for Business Correspondent

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.3 L/yr - ₹4 L/yr

arrow icon 14% more
Logo
HDFC Bank Business Correspondent Salary

1 - 5 years exp. (5 salaries)

unlock blur

₹2 L/yr - ₹3.6 L/yr

arrow icon 7% more
Logo
ICICI Bank Business Correspondent Salary

0 - 6 years exp. (5 salaries)

unlock blur

₹2.4 L/yr - ₹3.5 L/yr

arrow icon 25% more
Logo
Axis Bank Business Correspondent Salary

2 - 7 years exp. (6 salaries)

unlock blur

₹0.9 L/yr - ₹2.8 L/yr

arrow icon 5% less
Logo
IDFC FIRST Bank Business Correspondent Salary

2 - 12 years exp. (4 salaries)

unlock blur

₹2.1 L/yr - ₹4 L/yr

arrow icon 29% more
unlock blur

₹1.5 L/yr - ₹2.5 L/yr

arrow icon 8% less
Logo
Bank of Baroda Business Correspondent Salary

2 - 8 years exp. (17 salaries)

unlock blur

₹1.7 L/yr - ₹4.2 L/yr

arrow icon 5% more
Logo
Canara Bank Business Correspondent Salary

1 - 6 years exp. (9 salaries)

unlock blur

₹1.2 L/yr - ₹5.2 L/yr

arrow icon 14% more
unlock blur

₹1.3 L/yr - ₹3 L/yr

arrow icon 14% less
unlock blur

₹1.5 L/yr - ₹3 L/yr

arrow icon 4% more
Logo
IndusInd Bank Business Correspondent Salary

2 - 4 years exp. (5 salaries)

unlock blur

₹2.5 L/yr - ₹3 L/yr

arrow icon 20% more
unlock blur

₹1 L/yr - ₹3.3 L/yr

arrow icon 9% less
unlock blur

₹2 L/yr - ₹2.9 L/yr

arrow icon 2% less
Business Correspondent salary at Indian Bank ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Business Correspondent

1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
1 year exp.

Experience wise Indian Bank Business Correspondent salaries

Last Updated: 19 Apr 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹1.2 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹1.2 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹1.8 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹0.9 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Indian Bank

Business Development Manager Salary
(AmbitionBox Estimate)
unlock blur
₹10.8 L/yr - ₹13.8 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
unlock blur
₹1.8 L/yr - ₹2.3 L/yr
Team Lead Salary
(3 salaries)
unlock blur
₹4.7 L/yr - ₹18 L/yr
Branch Manager Salary
(95 salaries)
unlock blur
₹5.95 L/yr - ₹20.9 L/yr
Sales Officer Salary
(3 salaries)
unlock blur
₹2.2 L/yr - ₹2.7 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹0.5 L/yr - ₹0.7 L/yr
Department Manager Salary
(AmbitionBox Estimate)
unlock blur
₹11.8 L/yr - ₹15.1 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
unlock blur
₹9.9 L/yr - ₹12.6 L/yr
Deputy Manager Salary
(4 salaries)
unlock blur
₹5.1 L/yr - ₹18 L/yr

Salary related reviews for Indian Bank

4.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Mar 2022

4.0
 for  Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

read more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

read more

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.

Dislikes

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

read more

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.

read 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

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Indian Bank Business Correspondent Salary FAQs

What is the salary of Business Correspondent at Indian Bank?
Business Correspondent salary at Indian Bank in India ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 16% less than the average Business Correspondent Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank India.
How does the salary of a Business Correspondent at Indian Bank India compare with the average salary range for this job?
The average salary of a Business Correspondent at Indian Bank is 16% less than the average salary of a Business Correspondent in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Business Correspondent in India?
  • IDFC FIRST Bank Business Correspondent Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
  • ICICI Bank Business Correspondent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • IndusInd Bank Business Correspondent Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
  • State Bank of India Business Correspondent Salary - ₹1.3 Lakhs to ₹4.0 Lakhs per year
  • Canara Bank Business Correspondent Salary - ₹1.2 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Business Correspondent in companies similar to Indian Bank in India?
  • HDFC Bank Business Correspondent Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
  • Bank of Baroda Business Correspondent Salary - ₹1.7 Lakhs to ₹4.2 Lakhs per year
  • Central Bank of India Business Correspondent Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • Bank of Maharashtra Business Correspondent Salary - ₹2.0 Lakhs to ₹2.9 Lakhs per year
  • Axis Bank Business Correspondent Salary - ₹0.9 Lakhs to ₹2.8 Lakhs per year
What is the estimated take home salary of a Business Correspondent at Indian Bank in India?
The estimated take-home salary of a Business Correspondent at Indian Bank ranges between ₹15,704 per month to ₹17,333 per month in India. The take-home salary calculation is based on the average Indian Bank Business Correspondent salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Business Correspondent at Indian Bank?
According to AmbitionBox, 33% of the Indian Bank Business Correspondents reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Business Correspondent salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Indian Bank latest salaries received from various employees of Indian Bank.