Maruti Suzuki Banking Officer Salaries by 4 Employees

1 - 18 years exp.

₹0.9 Lakh - ₹5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Banking Officer Salary in Automobile Companies for 1 - 18 years of experience

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Last Updated: 6 Sep 2024

Companies similar to Maruti Suzuki for Banking Officer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Banking Officer Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 41% more
Mahindra & Mahindra Banking Officer Salary 2 - 5 years exp. (4 salaries)	₹1.4 L/yr - ₹2 L/yr 27% less
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Bajaj Motors Banking Officer Salary 0 - 21 years exp. (5 salaries)	₹0.4 L/yr - ₹3.6 L/yr 19% less
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (585 salaries)	₹2 L/yr - ₹5.3 L/yr 37% more
ICICI Bank Banking Officer Salary 0 - 5 years exp. (490 salaries)	₹1.2 L/yr - ₹6.7 L/yr 38% more

Banking Officer salary at Maruti Suzuki ranges between ₹0.9 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki Banking Officer salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
15+ years (AmbitionBox Estimate)	₹0.8 L/yr - ₹1 L/yr

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Salary related reviews for Maruti Suzuki

Relationship Manager in Pali

Full Time

Sales & Business Development Department

5.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

The best behaviour with staff members and if uh want to earn much more and you are fresher then just move forward to it

Skill development - Excellent

+3 more

Dislikes

Every was quite good but the basic salary is not so ok but have so much to earn in sales

Deputy Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

1. From learning perspective MSIL is a good company as they have many models.

Skill development - Good

+1 more

Dislikes

1. Work pressure is high but compensation is not that good. 2. Working hours are very high. 3. Work life balance is not good.

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 12 May 2023

5.0

for Salary and Benefits

Likes

- Employee benefits - YoY hike & Variable pay - Good for beginners for their learnings and automotive exposure - Highly encouraged for doing innovative stuffs - Person who want to stabilise financially, MSIL is a good option (decide based on the dislikes section)

Salary - Excellent

+4 more

Dislikes

- Worst Work culture - Company culture won't fit for experienced persons - Top level management is highly conservative and show Arrogance attitude - Weakened HR department - High level of Micro Management - Top management people won't consider you as an employee rather a slave - Hierarchical mindset - Leader/boss delegate the pressure (from their seniors) to all levels - Played good & bad cop game during notice period - Located in the highly air and water polluted region (not preferable for who have lungs related disease, more prone to PM2.5 further may reduce their lifespan) The above points were experienced personally for the tenure of 5 years. I hope this review may save atleast one person from toxic environment.

Company culture - Bad

+1 more

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 13 Dec 2021

4.0

for Salary and Benefits

Likes

Wages and incentives used to be good but not now. So called job security, Yes, but what is the point of a job security if you are not employable somewhere else and grow on a very stagnant basis having managers with very stringent attitude.

Salary - Good

+1 more

Dislikes

Free food, good salary, five days off, shutdown twice in a year.

Skill development - Poor

+4 more

Deputy Manager in Gurgaon / Gurugram

Full Time

Other Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

1. Compensation is good

Salary - Excellent

+2 more

Dislikes

1. No work life balance 2. Seniors have huge ego problem 3. Never happens a healthy discussion 4. Intimidating staff 5. Process related systems are outdated and error prone. 6. Approval process in system is tedious and on top of that approval from seniors is a difficult process

Skill development - Poor

+3 more

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Maruti Suzuki Banking Officer Salary FAQs

What is the salary of Banking Officer at Maruti Suzuki ?

The average salary of a Banking Officer at Maruti Suzuki in India typically ranges from ₹0.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 18 years).

The top 10% of Banking Officer at Maruti Suzuki earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Banking Officer Salaries at Maruti Suzuki can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Maruti Suzuki employees in India.

What is the estimated take home salary of a Banking Officer at Maruti Suzuki in India?

The estimated take-home salary of a Banking Officer at Maruti Suzuki in India typically ranges from ₹17,883 to ₹19,578 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Maruti Suzuki. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Maruti Suzuki for Banking Officer in India?

Tata Motors	₹2.0 Lakhs to ₹5.0 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹6.7 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹5.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maruti Suzuki, depending on the role and experience level.

What is the salary of a Banking Officer in companies similar to Maruti Suzuki in India?

The salary of a Banking Officer at companies similar to Maruti Suzuki in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Motors	₹0.4 Lakhs to ₹3.6 Lakhs per year
Mahindra & Mahindra	₹1.4 Lakhs to ₹2.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Banking Officer at Maruti Suzuki in India?

The salary growth for a Banking Officer at Maruti Suzuki depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at Maruti Suzuki:

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
6 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
15 years	₹0.8 Lakhs to ₹1.0 Lakhs per year

and so on.

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Maruti Suzuki Banking Officer Salaries

Maruti Suzuki Banking Officer salary in India ranges between ₹0.9 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.