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Indian Bank

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Indian Bank Officer salaries in India

Annual salary range
6 - 10 years exp.
₹8.5 Lakhs - ₹10.9 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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86% 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
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State Bank of India Officer Salary

0 - 6 years exp. (28 salaries)

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₹2.1 L/yr - ₹12 L/yr

arrow icon 22% less
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ICICI Bank Officer Salary

0 - 8 years exp. (423 salaries)

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₹1.2 L/yr - ₹5.3 L/yr

arrow icon 70% less
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HDFC Bank Officer Salary

0 - 7 years exp. (556 salaries)

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₹1.4 L/yr - ₹5 L/yr

arrow icon 69% less
1 job opening
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Axis Bank Officer Salary

0 - 6 years exp. (484 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 70% less
2 job openings
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Kotak Mahindra Bank Officer Salary

0 - 6 years exp. (18 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 71% less
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Punjab National Bank Officer Salary

2 - 11 years exp. (31 salaries)

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₹3.7 L/yr - ₹13 L/yr

arrow icon 1% less
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Bank of Baroda Officer Salary

0 - 12 years exp. (134 salaries)

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₹5.1 L/yr - ₹17 L/yr

arrow icon 18% more
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Canara Bank Officer Salary

3 - 12 years exp. (179 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 39% more
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Union Bank of India Officer Salary

3 - 22 years exp. (4 salaries)

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₹1 L/yr - ₹10 L/yr

arrow icon 55% less
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Standard Chartered Officer Salary

1 - 6 years exp. (527 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 60% less
View all
Officer salary at Indian Bank ranges between ₹8.5 Lakhs to ₹10.9 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.

Latest annual salaries shared by Indian Bank Officer

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9 years exp.
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Experience wise Indian Bank Officer salaries

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)

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₹9 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹16.3 L/yr
Indian Bank Officer Salary and Career Growth

From

To

Officer

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6 - 10 years exp.

Assistant General Manager

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17 - 32 years exp.

Officer

6 - 10 years exp.
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Branch Manager

6 - 12 years exp.
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arrow icon 49% hike

Chief Manager

10 - 18 years exp.
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arrow icon 89% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Indian Bank

Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
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₹1 L/yr - ₹8.5 L/yr
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Salary related reviews for Indian Bank

3.2

Rated by 3 employees for salary & benefits

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

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
  • Skill development - Bad
  • +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
see more salary related reviews

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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 ₹10.9 Lakhs for experience between 6 years to 10 years. According to our estimates it is 86% 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 86% 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?
  • Canara Bank Officer Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year
  • Bank of America Officer Salary - ₹5.0 Lakhs to ₹20.1 Lakhs per year
  • Federal Bank Officer Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
  • Bank of Baroda Officer Salary - ₹5.1 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 - ₹3.7 Lakhs to ₹13.0 Lakhs per year
  • State Bank of India Officer Salary - ₹2.1 Lakhs to ₹12.0 Lakhs per year
  • DBS Bank Officer Salary - ₹2.8 Lakhs to ₹10.3 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
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 ₹65,407 per month to ₹67,076 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 ₹10.9 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, 50% of the Indian Bank Officers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Indian Bank Officer salary in India ranges between ₹8.5 Lakhs to ₹10.9 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.

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