Indian Bank Officer Salaries by 8 Employees (Updated 2024)

6 - 10 years exp.

₹8.5 Lakhs - ₹11.1 Lakhs

Low Confidence

Salary of majority employees

77% more than the average Officer Salary in Banking Companies for 6 - 10 years of experience

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Last Updated: 15 Dec 2024

Companies similar to Indian Bank for Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Officer Salary 0 - 6 years exp. (19 salaries)	₹2.5 L/yr - ₹10 L/yr 15% less
ICICI Bank Officer Salary 0 - 8 years exp. (463 salaries)	₹1.1 L/yr - ₹6 L/yr 67% less
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HDFC Bank Officer Salary 1 - 10 years exp. (540 salaries)	₹1.4 L/yr - ₹5.4 L/yr 65% less
Axis Bank Officer Salary 0 - 5 years exp. (546 salaries)	₹1.5 L/yr - ₹4.5 L/yr 69% less
Kotak Mahindra Bank Officer Salary 0 - 6 years exp. (23 salaries)	₹1.8 L/yr - ₹3.8 L/yr 69% less
Punjab National Bank Officer Salary 1 - 10 years exp. (41 salaries)	₹2.8 L/yr - ₹12 L/yr 10% less
Bank of Baroda Officer Salary 5 - 13 years exp. (103 salaries)	₹6 L/yr - ₹20 L/yr 47% more
Canara Bank Officer Salary 2 - 12 years exp. (196 salaries)	₹5 L/yr - ₹17 L/yr 37% more
Union Bank of India Officer Salary 3 - 22 years exp. (4 salaries)	₹1 L/yr - ₹10 L/yr 52% less
IDBI Bank Officer Salary 0 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹6 L/yr 58% less
Standard Chartered Officer Salary 1 - 4 years exp. (534 salaries)	₹1.5 L/yr - ₹5.2 L/yr 59% less	1 job opening
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Yes Bank Officer Salary 0 - 6 years exp. (383 salaries)	₹1.5 L/yr - ₹4 L/yr 68% less
IndusInd Bank Officer Salary 0 - 4 years exp. (190 salaries)	₹1.4 L/yr - ₹4.2 L/yr 66% less
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (164 salaries)	₹1.7 L/yr - ₹5.5 L/yr 59% less
Jana Small Finance Bank Officer Salary 0 - 5 years exp. (152 salaries)	₹1 L/yr - ₹3 L/yr 75% less
Federal Bank Officer Salary 0 - 3 years exp. (153 salaries)	₹4.8 L/yr - ₹16 L/yr 38% more
Equitas Small Finance Bank Officer Salary 0 - 5 years exp. (70 salaries)	₹1.4 L/yr - ₹4 L/yr 72% less
Bank of America Officer Salary 1 - 13 years exp. (65 salaries)	₹5.6 L/yr - ₹20.2 L/yr 56% more
Bandhan Bank Officer Salary 1 - 5 years exp. (62 salaries)	₹1.2 L/yr - ₹3 L/yr 74% less
Ujjivan Small Finance Bank Officer Salary 1 - 6 years exp. (60 salaries)	₹1.5 L/yr - ₹4 L/yr 62% less

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Officer salary at Indian Bank ranges between ₹8.5 Lakhs to ₹11.1 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Officer salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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8 years (AmbitionBox Estimate)	₹9 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹16.3 L/yr

Similar Designation salaries in Indian Bank

Deputy Manager Salary

(4 salaries)

₹5.1 L/yr - ₹18 L/yr

Software Engineer Salary

(3 salaries)

₹1 L/yr - ₹8.5 L/yr

Salary related reviews for Indian Bank

3.2

Rated by 3 employees for salary & benefits

Assistant Manager in Nadia

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.

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.

Assistant Branch Manager in Kolkata

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.

Assistant Branch Manager in Arambagh

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.

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.

Assistant Manager in New Delhi

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.

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.

Business Banking Relationship in Sonbhadra

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Indian Bank Officer Salary FAQs

What is the salary of Officer at Indian Bank?

Officer salary at Indian Bank in India ranges between ₹8.5 Lakhs to ₹11.1 Lakhs for experience between 6 years to 10 years. According to our estimates it is 77% more than the average Officer 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 Officer at Indian Bank India compare with the average salary range for this job?

The average salary of a Officer at Indian Bank is 77% more than the average salary of a Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Bank to a Officer in India?

Bank of America Officer Salary - ₹5.6 Lakhs to ₹20.2 Lakhs per year
Bank of Baroda Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank Officer Salary - ₹4.8 Lakhs to ₹16.0 Lakhs per year
Canara Bank Officer Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Indian Overseas Bank Officer Salary - ₹6.5 Lakhs to ₹12.6 Lakhs per year

What is the salary of a Officer in companies similar to Indian Bank in India?

Punjab National Bank Officer Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
State Bank of India Officer Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
Bank of Maharashtra Officer Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
Barclays Officer Salary - ₹1.1 Lakhs to ₹8.0 Lakhs per year
Union Bank of India Officer Salary - ₹1.0 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Officer at Indian Bank in India?

The estimated take-home salary of a Officer at Indian Bank ranges between ₹62,722 per month to ₹64,316 per month in India. The take-home salary calculation is based on the average Indian Bank Officer salary in India which ranges between ₹8.5 Lakhs to ₹11.1 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Officer at Indian Bank?

According to AmbitionBox, 44% of the Indian Bank Officers reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Indian Bank Officer Salaries

Indian Bank Officer salary in India ranges between ₹8.5 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Indian Bank latest salaries received from various employees of Indian Bank.