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Indian Bank Officer salaries in Chennai

Annual salary range
6 - 10 years exp.
₹8.5 Lakhs - ₹16.3 Lakhs
Salary of majority employees
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63% 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 in Chennai

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Indian Bank Officer Salary

6 - 10 years exp. (5 salaries)

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₹8.5 L/yr - ₹16.3 L/yr

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

2 - 7 years exp. (3 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 29% less
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ICICI Bank Officer Salary

0 - 6 years exp. (32 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 75% less
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HDFC Bank Officer Salary

0 - 8 years exp. (128 salaries)

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₹1.4 L/yr - ₹4.8 L/yr

arrow icon 75% less
1 job opening
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Bank of Baroda Officer Salary

4 - 11 years exp. (3 salaries)

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₹10 L/yr - ₹16.8 L/yr

arrow icon 3% more
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Canara Bank Officer Salary

2 - 12 years exp. (16 salaries)

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₹6 L/yr - ₹13.5 L/yr

arrow icon 13% more
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Standard Chartered Officer Salary

1 - 4 years exp. (274 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 67% less
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Yes Bank Officer Salary

0 - 7 years exp. (162 salaries)

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₹1.5 L/yr - ₹3.9 L/yr

arrow icon 75% less
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Equitas Small Finance Bank Officer Salary

1 - 7 years exp. (67 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 78% less
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IndusInd Bank Officer Salary

0 - 5 years exp. (64 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 73% less
1 job opening
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IDFC FIRST Bank Officer Salary

1 - 6 years exp. (11 salaries)

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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 69% less
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NatWest Group Officer Salary

1 - 7 years exp. (12 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 76% less
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Bank of America Officer Salary

3 - 13 years exp. (9 salaries)

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₹12 L/yr - ₹19 L/yr

arrow icon 30% more
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Jana Small Finance Bank Officer Salary

1 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 80% less
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Ujjivan Small Finance Bank Officer Salary

1 - 5 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.5 L/yr

arrow icon 69% less
6 job openings
Officer salary at Indian Bank ranges between ₹8.5 Lakhs to ₹16.3 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Officer in Chennai

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10 years exp.
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10 years exp.
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6 years exp.
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8 years exp.
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9 years exp.

Experience wise Indian Bank Officer salaries in Chennai

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹19.3 L/yr
7 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)

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₹12 L/yr - ₹16.3 L/yr

Similar Designation salaries in Indian Bank

Chief Manager Salary
(15 salaries)
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₹12.5 L/yr - ₹32 L/yr
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₹28.35 L/yr - ₹45 L/yr
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₹23.57 L/yr - ₹30.91 L/yr
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₹1 L/yr - ₹1.5 L/yr
Clerk Salary
(3 salaries)
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₹3.6 L/yr - ₹8 L/yr

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 Chennai?
Officer salary at Indian Bank in Chennai ranges between ₹8.5 Lakhs to ₹16.3 Lakhs for experience between 6 years to 10 years. According to our estimates it is 63% more than the average Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank Chennai.
How does the salary of a Officer at Indian Bank Chennai compare with the average salary range for this job?
The average salary of a Officer at Indian Bank is 63% more than the average salary of a Officer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Officer in Chennai?
  • Bank of America Officer Salary - ₹12.0 Lakhs to ₹19.0 Lakhs per year
  • Canara Bank Officer Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year
  • Bank of Baroda Officer Salary - ₹10.0 Lakhs to ₹16.8 Lakhs per year
What is the salary of a Officer in companies similar to Indian Bank in Chennai?
  • State Bank of India Officer Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
  • Standard Chartered Officer Salary - ₹1.5 Lakhs to ₹5.2 Lakhs per year
  • Ujjivan Small Finance Bank Officer Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year
  • IDFC FIRST Bank Officer Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
  • IndusInd Bank Officer Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Officer at Indian Bank in Chennai?
The estimated take-home salary of a Officer at Indian Bank ranges between ₹76,792 per month to ₹78,784 per month in Chennai. The take-home salary calculation is based on the average Indian Bank Officer salary in India which ranges between ₹8.5 Lakhs to ₹16.3 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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Indian Bank Officer salary in Chennai ranges between ₹8.5 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Indian Bank latest salaries received from various employees of Indian Bank.