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New India Co-Op Bank Salaries in Pune

based on 12 latest salaries
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BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
9 - 14 years exp. · Pune (4 salaries)
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₹5.4 L/yr - ₹8.5 L/yr

18 - 20 years exp. · Pune (3 salaries)
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₹28 L/yr - ₹36 L/yr

7 - 10 years exp. · Pune (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5 L/yr

9 years exp. · Pune (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

1 year exp. · Pune (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

10 years exp. · Pune (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Last Updated: 14 Jan, 2025

Salary related reviews for New India Co-Op Bank

4.3

Rated by 6 employees for salary & benefits

Full Time

 · 

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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  • Salary - Bad
    +6 more

Full Time

 · 

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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  • Salary - Bad
    +6 more

Full Time

 · 

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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  • Salary - Bad
    +5 more

Full Time

 · 

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

  • Skill development - Excellent
    +2 more

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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  • Salary - Bad
    +3 more

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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  • Salary - Bad
    +1 more
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New India Co-Op Bank Salary FAQs

How much does New India Co-Op Bank pay per year?
The average New India Co-Op Bank salary ranges from approximately ₹0.9 Lakh to ₹1.9 Lakh per year for a Back Office Executive and ₹7 Lakhs to ₹12 Lakhs per year for a Assistant Credit Manager. Salary estimates are based on 12 New India Co-Op Bank salaries received from various employees of New India Co-Op Bank. New India Co-Op Bank employees rate the overall salary and benefits package 4.3/5 stars.
What is the highest salary in New India Co-Op Bank?
The highest-paying job at New India Co-Op Bank is a Assistant Credit Manager with a salary of ₹7 Lakhs to ₹12 Lakhs per year. The top 10% of employees earn more than ₹9 lakhs per year. The top 1% earn more than a whopping ₹26.22 lakhs per year.
What is the minimum salary in New India Co-Op Bank?
Minimum salary at New India Co-Op Bank depends on the role you are applying for. For Banking Officer the minimum salary is ₹1.3 Lakh to ₹3.5 Lakhs per year, and for Officer the minimum salary is ₹1.9 Lakh to ₹4 Lakhs per year and so on.
What is the notice period at New India Co-Op Bank in Pune?
According to AmbitionBox, 70% of the New India Co-Op Bank employees in Pune reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Average annual salary in New India Co-Op Bank , Pune is INRunlock blur . Salary estimates are based on 12 New India Co-Op Bank latest salaries received from various employees of New India Co-Op Bank.

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