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Karnataka Bank

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4.0

based on 176 Reviews

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Karnataka Bank Officer Scale 1 salaries in Finance & Accounting in India

Annual salary range
2 - 8 years exp.
₹6 Lakhs - ₹11 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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32% more than the average Officer Scale 1 Salary in Banking Companies for 2 - 8 years of experience

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Last Updated: 31 Mar 2023

Companies similar to Karnataka Bank for Officer Scale 1 in Finance & Accounting department

Company name Avg Annual Salary Open Jobs
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ICICI Bank Officer Scale 1 Salary

0 - 2 years exp. (4 salaries)
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₹2 L/yr - ₹2.4 L/yr

arrow icon 76% less
Officer Scale 1 salary at Karnataka Bank ranges between ₹6 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Karnataka Bank.

Latest annual salaries shared by Karnataka Bank Officer Scale 1 in Finance & Accounting department

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Experience wise Karnataka Bank Officer Scale 1 salaries in Finance & Accounting department

Last Updated: 31 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17.3 L/yr
3 years (AmbitionBox Estimate)

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₹9 L/yr - ₹10.4 L/yr
4 years  (3 salaries)

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₹6 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
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Salary related reviews for Karnataka Bank

2.0

Rated by 1 employees for salary & benefits

Clerk in Ludhiana

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 10 Dec 2023
5.0
 for  Salary and Benefits

Likes

Work culture is nice all staff was so helpful helping you in learning new things

Dislikes

Posting is very bad in this bank mumbai person posted to Punjab very pathetic transfer policy all people's shuffle from their home state

read more

Branch Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 Sep 2023
3.0
 for  Salary and Benefits

Likes

Faster promotion opportunities

Dislikes

Unhealthy working culture, Intensive work pressure, No time for family, You won't be able to go home if there is dayend check for loan account arrears. Software doesn't work properly. Staff on counter face technical glitches frequently in system which is not promptly resolved.

read more

Branch Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Sep 2023
4.0
 for  Salary and Benefits

Likes

The only thing which is good in Karnataka Bank is all the top executives doesnt have enough knowledge so they doesnt know how to pressure their peers.

read more

Dislikes

The promotional activity, they give promotion on caste, recommendations etc. No score for your knowledge.

Assistant Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 08 May 2023
2.0
 for  Salary and Benefits

Likes

A lot of learning, meet a lot of people, contacts, new places to see. job security. Loans at very less rates. New software installed

read more

Dislikes

Transfers, lot of pressure, a lot of politics when it comes to transfers and promotion. South Indians get preference 1st. Even if you do a lot of certifications you wont get transferred to concerned departments. Marketing pressure is high. Insufficient staff at branches in north branches .

read more

Manager in Ahmedabad

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Nov 2023
3.0
 for  Salary and Benefits

Likes

This experience comes only after u in new company. KBL has good working culture. Some vultures were thier but now they are gone.

read more

Dislikes

Nepotism. Karan johar big brothers do job in KBL. Not good place for North Indians at higher management. Only 2 or 3 are only chief manager are from north INDIA.

read more
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a technical project manager
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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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Karnataka Bank Officer Scale 1 Salary FAQs

What is the salary of Officer Scale 1 at Karnataka Bank in Finance & Accounting department?
Officer Scale 1 salary at Karnataka Bank in Finance & Accounting department in India ranges between ₹6.0 Lakhs to ₹11.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 32% more than the average Officer Scale 1 Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Karnataka Bank India in Finance & Accounting department.
How does the salary of a Officer Scale 1 at Karnataka Bank India in Finance & Accounting department compare with the average salary range for this job?
The average salary of a Officer Scale 1 at Karnataka Bank in Finance & Accounting department is 32% more than the average salary of a Officer Scale 1 in India. To know exact salary insights, login to view.
What is the salary of a Officer Scale 1 in Finance & Accounting department in companies similar to Karnataka Bank in India?
  • ICICI Bank Officer Scale 1 Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year
What is the estimated take home salary of a Officer Scale 1 in Finance & Accounting department at Karnataka Bank in India?
The estimated take-home salary of a Officer Scale 1 in Finance & Accounting department at Karnataka Bank ranges between ₹69,949 per month to ₹71,747 per month in India. The take-home salary calculation is based on the average Karnataka Bank Officer Scale 1 salary in India which ranges between ₹6.0 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Officer Scale 1 in Finance & Accounting department at Karnataka Bank?
According to AmbitionBox, 33% of the Karnataka Bank Officer Scale 1s in Finance & Accounting department reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Karnataka Bank Officer Scale 1 Salaries by Location

Karnataka Bank Officer Scale 1 salary in Finance & Accounting department in India ranges between ₹6 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Karnataka Bank latest salaries received from various employees of Karnataka Bank.