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New India Co-Op Bank Officer L1 salaries in Mumbai

Annual salary range
6 - 8 years exp.
₹3 Lakhs - ₹3.5 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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21% less than the average Officer L1 Salary in Banking Companies for 6 - 8 years of experience

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Last Updated: 15 Jul 2024

Companies similar to New India Co-Op Bank for Officer L1 in Mumbai

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New India Co-Op Bank Officer L1 Salary

6 - 8 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

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Citicorp Officer L1 Salary

5 - 8 years exp. (5 salaries)

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₹7 L/yr - ₹12.5 L/yr

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IDBI Capital Officer L1 Salary

0 - 3 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.1 L/yr

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Macleods Pharmaceuticals Officer L1 Salary

3 - 6 years exp. (4 salaries)

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₹2.4 L/yr - ₹2.8 L/yr

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Abhyudaya Co-operative Bank Officer L1 Salary

7 - 10 years exp. (4 salaries)

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₹4.9 L/yr - ₹7.6 L/yr

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Privi Speciality Chemicals Officer L1 Salary

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₹3.6 L/yr - ₹4.7 L/yr

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Officer L1 salary at New India Co-Op Bank ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of New India Co-Op Bank.

Latest annual salaries shared by New India Co-Op Bank Officer L1 in Mumbai

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8 years exp.
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7 years exp.
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6 years exp.

Experience wise New India Co-Op Bank Officer L1 salaries in Mumbai

Last Updated: 15 Jul 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr

Salary related reviews for New India Co-Op Bank

Full Time

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Finance & Accounting Department

1.0
  •  posted on 25 Apr 2024

1.0
 for  Salary and Benefits

Likes

...r of some one important to new india.. he stole 6 lakhs cash from vasai branch.. all the 3 staffs from branch were pressurized to pay giving assurance that the investigation would go on and that all the staff at any cost have to pay... Assuring that if in future the culprit is caught the amount would be recovered.... Continued in dislikes

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Dislikes

...the amount of virar branch from his relative and when i asked about the 6 lakhs. The management said why did you pay if you had not stolen the money. The other reason they gave was if he stole in virar that does not mean he stole the money in vasai branch too... The HR gave me he worst example saying " If a person commits a murder in 1996 and now in 2023 again a murder is occured ... That does not mean he is again the murderer.

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Full Time

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IT & Information Security Department

1.0
  •  posted on 13 May 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like here, It is the worst company you will ever join with all false promises, HR has the highest package All the higher influenced people and authorities have huge salaries and the good working staff has less than ever salary , bootlickers are welcomed here becoz they only do that thing only other than job. No hikes, no promotion nothing is good here

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Dislikes

Head HR is a biggest headache who doesn’t know anything, just giving false examples and promises Every team has a bootlicker who get salary hike without doing any work and the hard worked employees are not paid. KRA is another big problem where you will not be given a good hike instead you will be compared with a security guard saying he can also do this, thats the worst thing you can ever hear from your manager. Salary is also not according to standards Not the designation and also the workplace is good Its full of politics and toxic environment. Ketan Muni is one of the worst guy you will ever see with no knowledge and some Gujarat influence he came to that stage of head of operations. Other than that he is even not eligible to be a officer. Rajiv tiwary is another bootlicker of CEO who had made this bank more worst and becoz of this guy the employees here are resigning

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 06 Apr 2023

1.0
 for  Salary and Benefits

Likes

Good for freshers with no experience. Easy to crack interviews as my colleagues had literally given his interview in marathi.

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Dislikes

Low pay. No appraisal. No work life balance. No skill development as such. Nepotism is prevalent in whole bank and you have to a boss licker to get promotion

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Full Time

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Consulting Department

3.0
  •  posted on 29 Nov 2022

1.0
 for  Salary and Benefits

Likes

Helps to develop new skills Better career growth Direct access to production Job security

Dislikes

Managers firm (Only manager being listen here) No salary Hikes at all Toxic Team leads (Especially at IT department) Employees have to work on holidays without expecting any compensation. HRD is really very terrible

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Sales & Business Development Department

3.0
  •  posted on 20 Aug 2018

1.0
 for  Salary and Benefits

Likes

Employee are helping and friendly. No leave restrictions.Managers are very understanding

Dislikes

There is no compensation.if you resign before your notice they deduct your salary from your account.eg. notice period is for 3 months and you served only for a month they deduct 2 months of salary from your account. growth is very slow

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New India Co-Op Bank Officer L1 Salary FAQs

What is the notice period for Officer L1 at New India Co-Op Bank in Mumbai?
According to AmbitionBox, 100% of the New India Co-Op Bank Officer L1s in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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New India Co-Op Bank Officer L1 salary in Mumbai ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 New India Co-Op Bank latest salaries received from various employees of New India Co-Op Bank.