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NatWest Group Associate salaries in India (Updated 2025)

Annual salary range
3 - 13 years exp.
₹7.2 Lakhs - ₹24 Lakhs
Salary of majority employees
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135% more than the average Associate Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
3 - 12 years exp. (104 salaries)
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₹9 L/yr - ₹26.7 L/yr

BFSI, Investments & Trading
Associate Salary
4 - 12 years exp. (85 salaries)
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₹7.7 L/yr - ₹30 L/yr

Data Science & Analytics
Associate Salary
4 - 11 years exp. (49 salaries)
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₹7.2 L/yr - ₹25.1 L/yr

Engineering - Software & QA
Associate Salary
3 - 11 years exp. (38 salaries)
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₹9.1 L/yr - ₹25.5 L/yr

Customer Success, Service & Operations
Associate Salary
5 - 13 years exp. (37 salaries)
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₹6.4 L/yr - ₹20 L/yr

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Last Updated: 22 Mar 2025

Companies similar to NatWest Group for Associate

Company name Avg Annual Salary Open Jobs
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Deutsche Bank Associate Salary

2 - 15 years exp. (4.9k salaries)

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₹9 L/yr - ₹33.6 L/yr

arrow icon 10% more
35 job openings
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 85% less
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (635 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 82% less
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State Bank of India Associate Salary

1 - 7 years exp. (148 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 63% less
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Standard Chartered Associate Salary

1 - 13 years exp. (144 salaries)

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₹7.7 L/yr - ₹30 L/yr

arrow icon 2% less
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NatWest Markets Associate Salary

5 - 12 years exp. (144 salaries)

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₹7.3 L/yr - ₹31 L/yr

At par
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Bank of America Associate Salary

2 - 10 years exp. (142 salaries)

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₹8.5 L/yr - ₹32.3 L/yr

arrow icon 14% more
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State Street Bank Associate Salary

0 - 5 years exp. (135 salaries)

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₹2.1 L/yr - ₹6.8 L/yr

arrow icon 79% less
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ICICI Bank Associate Salary

0 - 5 years exp. (121 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 83% less
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₹5.6 L/yr - ₹21.9 L/yr

arrow icon 30% less
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Associate salary at NatWest Group ranges between ₹7.2 Lakhs to ₹24 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 473 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Associate

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Experience wise NatWest Group Associate salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹6.5 L/yr - ₹20 L/yr
4 years  (44 salaries)

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₹7.2 L/yr - ₹22.5 L/yr
5 years  (61 salaries)

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₹9.1 L/yr - ₹25.5 L/yr
6 years  (63 salaries)

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₹7.8 L/yr - ₹25.9 L/yr
7 years  (58 salaries)

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₹7.7 L/yr - ₹30 L/yr
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NatWest Group Associate Salary and Career Growth

From

To

Associate

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3 - 13 years exp.

Director

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16 - 24 years exp.

Associate

3 - 13 years exp.
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Associate Vice President

8 - 19 years exp.
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arrow icon 59% hike

Vice President

12 - 20 years exp.
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arrow icon 57% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in NatWest Group

Senior Associate Salary
(232 salaries)
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₹5.5 L/yr - ₹22 L/yr
Team Lead Salary
(227 salaries)
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₹4.65 L/yr - ₹18 L/yr
Technical Lead Salary
(178 salaries)
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₹14.3 L/yr - ₹36 L/yr
Lead Engineer Salary
(77 salaries)
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₹19.4 L/yr - ₹36.75 L/yr
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₹5.23 L/yr - ₹26 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
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₹12 L/yr - ₹25 L/yr
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₹5.68 L/yr - ₹17.68 L/yr
Java Developer Salary
(6 salaries)
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₹9 L/yr - ₹19.3 L/yr
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₹2.8 L/yr - ₹6.1 L/yr

Top skills at NatWest Group for Associate

Stakeholder Management Regulatory Reporting customer support Trade Team Leading

Salary related reviews for NatWest Group

3.2

Rated by 44 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 15 Jan 2019

3.0
 for  Salary and Benefits

Likes

This organization offers to maintain good work life balance. Company staff and senior management are very supportive. Work environment is very good and encourage you for long stay with company. Another plus point is that it is very good for women as it gives all benefits to women.

read more
  • Job security - Good
  • +4 more

Dislikes

Salary hike is slow in comparison to another competitive organization.

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 04 Jan 2025

1.0
 for  Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 Jun 2024

4.0
 for  Salary and Benefits

Likes

...helpful environment 3. Great work life balance. No weekend work. No overtime. 4. Salary is decent enough.

read more
  • Salary - Good
  • +3 more

Dislikes

1. Very little appraisal. 2. Management people are full of it. Many micro-manage a lot and dont have any proper technical knowledge. 3. No skill development unless you are in a good BU. Too much operational work - It gets on your nerve.

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  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 02 Jun 2020

5.0
 for  Salary and Benefits

Likes

They are continuously chasing us to apply and take leaves to take rest and maintain work life balance. At this time if your company cares for your well being it deepens your trust and respect for your company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Bonus policy must be changed.

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

2.0
 for  Salary and Benefits

Likes

...ple work, no higher risks and accountability despite being in Banking Operation. Layers of scrutiny and focus on hugely learning & development of an employee rather than their salary and other payables

read more
  • Skill development - Good
  • +1 more

Dislikes

...posit any sum deducted during my tenure with RBS at the Employee Provident Fund. The salary rise is very scant. They make you work long hours, no overtime and all. There are many projects happening there, the front level employees have to work but all the credit goes to the Manager or the Team Leader. The working hours are very long, very less breaks. Highly monitored environment. It's like being inside a military dome not in a cubicle. All-in-all, with less pay and less morale, one cannot stand long in this company. This company values perfection, but not employee's life.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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NatWest Group Associate Salary FAQs

What is the salary of Associate at NatWest Group ?
The average salary of a Associate at NatWest Group in India typically ranges from ₹7.2 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Associate at NatWest Group earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹34.5 Lakhs per year. Associate Salaries at NatWest Group 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 400+ NatWest Group employees in India.
What is the estimated take home salary of a Associate at NatWest Group in India?
The estimated take-home salary of a Associate at NatWest Group in India typically ranges from ₹1,20,573 to ₹1,23,959 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 400+ salaries received from various employees of NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at NatWest Group ?
To be a Associate at NatWest Group in india, the key skills required include:

  • - Stakeholder Management
  • - Regulatory Reporting
  • - customer support
  • - Trade
  • - Team Leading

These skills are highly valued at NatWest Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NatWest Group for Associate in India?
Chase Bank ₹17.0 Lakhs to ₹38.0 Lakhs per year
ANZ Banking Group ₹11.8 Lakhs to ₹37.0 Lakhs per year
Bank of America ₹8.5 Lakhs to ₹32.3 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹33.6 Lakhs per year
DBS Technology Services ₹9.7 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NatWest Group, depending on the role and experience level.
What is the salary of a Associate in companies similar to NatWest Group in India?
The salary of a Associate at companies similar to NatWest Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Markets ₹7.3 Lakhs to ₹31.0 Lakhs per year
Standard Chartered ₹7.7 Lakhs to ₹30.0 Lakhs per year
Barclays ₹6.4 Lakhs to ₹26.7 Lakhs per year
HSBC Global Banking and Markets ₹5.6 Lakhs to ₹21.9 Lakhs per year
Canara Bank ₹5.0 Lakhs to ₹19.5 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 Associate at NatWest Group in India?
The salary growth for a Associate at NatWest Group depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
3 years ₹6.5 Lakhs to ₹20.0 Lakhs per year
4 years ₹7.2 Lakhs to ₹22.5 Lakhs per year
5 years ₹9.1 Lakhs to ₹25.5 Lakhs per year
6 years ₹7.8 Lakhs to ₹25.9 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Associate salary in India ranges between ₹7.2 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 473 NatWest Group latest salaries received from various employees of NatWest Group.