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Indian Bank Officer Scale 1 salaries in India

Annual salary range
0 - 9 years exp.
₹1.7 Lakh - ₹9.1 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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20% less than the average Officer Scale 1 Salary in Banking Companies for 0 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Indian Bank for Officer Scale 1

Company name Avg Annual Salary Open Jobs
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State Bank of India Officer Scale 1 Salary

0 - 10 years exp. (10 salaries)

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₹7.3 L/yr - ₹11.5 L/yr

arrow icon 45% more
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ICICI Bank Officer Scale 1 Salary

0 - 3 years exp. (34 salaries)

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₹1.1 L/yr - ₹3.2 L/yr

arrow icon 62% less
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Punjab National Bank Officer Scale 1 Salary

1 - 7 years exp. (3 salaries)

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₹5.5 L/yr - ₹13 L/yr

arrow icon 26% more
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Bank of Baroda Officer Scale 1 Salary

3 - 12 years exp. (17 salaries)

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₹6.5 L/yr - ₹14 L/yr

arrow icon 70% more
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Canara Bank Officer Scale 1 Salary

2 - 10 years exp. (14 salaries)

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₹6.7 L/yr - ₹15 L/yr

arrow icon 59% more
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Union Bank of India Officer Scale 1 Salary

0 - 6 years exp. (4 salaries)

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₹6 L/yr - ₹8.6 L/yr

arrow icon 16% more
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Bank of India Officer Scale 1 Salary

1 - 11 years exp. (3 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 43% more
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Federal Bank Officer Scale 1 Salary

0 - 2 years exp. (14 salaries)

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₹6.2 L/yr - ₹10 L/yr

arrow icon 46% more
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Bank of Maharashtra Officer Scale 1 Salary

2 - 6 years exp. (4 salaries)

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₹7 L/yr - ₹38.4 L/yr

arrow icon 139% more
Officer Scale 1 salary at Indian Bank ranges between ₹1.7 Lakh to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Officer Scale 1

1y ago
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5 months exp.

Experience wise Indian Bank Officer Scale 1 salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
2 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹8 L/yr
View all

Similar Designation salaries in Indian Bank

Chief Manager Salary
(72 salaries)
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₹12.5 L/yr - ₹40 L/yr
Clerk Salary
(25 salaries)
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₹2 L/yr - ₹9.38 L/yr
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₹25.58 L/yr - ₹50 L/yr
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₹5 L/yr - ₹10.01 L/yr
Officer Salary
(8 salaries)
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₹8.5 L/yr - ₹16.3 L/yr
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₹1 L/yr - ₹4.2 L/yr
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₹15.59 L/yr - ₹50 L/yr
Clerical Staff Salary
(6 salaries)
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₹3.4 L/yr - ₹6 L/yr
Cashier Salary
(6 salaries)
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₹3.6 L/yr - ₹8 L/yr
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₹1 L/yr - ₹1.5 L/yr

Salary related reviews for Indian Bank

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Oct 2019

4.0
 for  Salary and Benefits

Likes

...t the country, we may have exposure to different geographical/ linguistic areas. However Salary is restricted as per Industry Level Settlement.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing to describe.

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
see more salary related reviews

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Indian Bank Officer Scale 1 Salary FAQs

What is the salary of Officer Scale 1 at Indian Bank?
Officer Scale 1 salary at Indian Bank in India ranges between ₹1.7 Lakhs to ₹9.1 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 20% less than the average Officer Scale 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank India.
How does the salary of a Officer Scale 1 at Indian Bank India compare with the average salary range for this job?
The average salary of a Officer Scale 1 at Indian Bank is 20% less than the average salary of a Officer Scale 1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Officer Scale 1 in India?
  • Bank of Maharashtra Officer Scale 1 Salary - ₹7.0 Lakhs to ₹38.4 Lakhs per year
  • Bank of Baroda Officer Scale 1 Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
  • Canara Bank Officer Scale 1 Salary - ₹6.7 Lakhs to ₹15.0 Lakhs per year
  • Federal Bank Officer Scale 1 Salary - ₹6.2 Lakhs to ₹10.0 Lakhs per year
  • State Bank of India Officer Scale 1 Salary - ₹7.3 Lakhs to ₹11.5 Lakhs per year
What is the salary of a Officer Scale 1 in companies similar to Indian Bank in India?
  • Bank of India Officer Scale 1 Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
  • Punjab National Bank Officer Scale 1 Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
  • Union Bank of India Officer Scale 1 Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year
  • ICICI Bank Officer Scale 1 Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Officer Scale 1 at Indian Bank in India?
The estimated take-home salary of a Officer Scale 1 at Indian Bank ranges between ₹49,910 per month to ₹51,088 per month in India. The take-home salary calculation is based on the average Indian Bank Officer Scale 1 salary in India which ranges between ₹1.7 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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Indian Bank Officer Scale 1 salary in India ranges between ₹1.7 Lakh to ₹9.1 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.