Karnataka Gramin Bank Business Correspondent Salaries by 3 Employees (Updated 2025)

1 - 12 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

Fixed (86%)

₹3.4 Lakhs

Variable (14%)

₹0.5 Lakh

48% more than the average Business Correspondent Salary in Financial Services Companies for 1 - 12 years of experience

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Last Updated: 6 Jan 2025

Companies similar to Karnataka Gramin Bank for Business Correspondent

Company name	Avg Annual Salary	Open Jobs
State Bank of India Business Correspondent Salary 1 - 12 years exp. (34 salaries)	₹1.3 L/yr - ₹4 L/yr 29% less
Bank of Baroda Business Correspondent Salary 0 - 6 years exp. (15 salaries)	₹1.7 L/yr - ₹3.1 L/yr 43% less
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Canara Bank Business Correspondent Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹5.2 L/yr 26% less
Bank of India Business Correspondent Salary 0 - 10 years exp. (12 salaries)	₹1 L/yr - ₹4.5 L/yr 31% less
Indian Overseas Bank Business Correspondent Salary 1 - 5 years exp. (11 salaries)	₹1 L/yr - ₹3 L/yr 55% less

Business Correspondent salary at Karnataka Gramin Bank ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Karnataka Gramin Bank.

Experience wise Karnataka Gramin Bank Business Correspondent salaries

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Karnataka Gramin Bank

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Salary related reviews for Karnataka Gramin Bank

3.0

Rated by 1 employees for salary & benefits

Assistant Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Apr 2024

3.0

for Salary and Benefits

Likes

Work culture is good and is less stressful compared to PSBs and Private Banks. Salary is at par with PSBs.

Job security - Good

+2 more

Dislikes

Place of Posting can be an issue for metro kids. After some years of working it becomes routine job and exploring new things becomes less.

Skill development - Poor

Office Assistant in Shivamogga

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Feb 2025

3.0

for Salary and Benefits

Likes

Nothing but govt salary...

Dislikes

There is no security for job and especially for women. They will encourage women harrasment . won't take complaints seriously... If there is any fault from management without enquiry they will remove staff . Transfers also rare .. no one cares...

Skill development - Bad

+5 more

Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 11 Dec 2024

4.0

for Salary and Benefits

Likes

Being challenged ,intellectual ,collaborating with supportive colleagues, having good work life balance,opportunities for growth, and working towards meaningful goals.

Salary - Good

+6 more

Dislikes

The feeling of heavy responsibility, pressure,and stress associated with one's job

Office Assistant (working remotely)

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Aug 2024

1.0

for Salary and Benefits

Likes

It's a bank just for the sake. If you want to work then you have to leave all your moral ethics or you have to face continuous problems with the management worst service to the employees

Dislikes

There is no value for women. No one will care in the management when any women gave complaint especially chairman, he won't even consider the complaint of a women if it is related to officer and above position no matter what the women facing.

Salary - Bad

+6 more

Office Assistant in Mysuru / Mysore

Other Department

1.0

• posted on 11 Jun 2022

1.0

for Salary and Benefits

Likes

nothing

Dislikes

torture from our great chairman and RM , they will make us work like donkey , for name sake it is RRB but worst than private , our RM GM SM force us to do insurance so that they can enjoy the benefits

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Karnataka Gramin Bank Business Correspondent Salary FAQs

How the salary growth look like for a Business Correspondent at Karnataka Gramin Bank in India?

The salary growth for a Business Correspondent at Karnataka Gramin Bank depends on factors such as experience, performance, and promotions. On average, a Business Correspondent can expect the following growth trajectory at Karnataka Gramin Bank:

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
7 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
12 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Karnataka Gramin Bank Business Correspondent Salaries

Karnataka Gramin Bank Business Correspondent salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Karnataka Gramin Bank latest salaries received from various employees of Karnataka Gramin Bank.