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Nkgsb CO-OP Bank Banker salaries in Mumbai

Annual salary range
4 - 6 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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36% less than the average Banker Salary in Banking Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Banker Salary
5 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Banker Salary
4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.3 L/yr

Last Updated: 14 May 2024

Companies similar to Nkgsb CO-OP Bank for Banker in Mumbai

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Nkgsb CO-OP Bank Banker Salary

4 - 6 years exp. (6 salaries)

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₹2.5 L/yr - ₹5 L/yr

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Company name Avg Annual Salary Open Jobs
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Abhyudaya Co-operative Bank Banker Salary

4 - 18 years exp. (12 salaries)

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₹2.5 L/yr - ₹7 L/yr

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0 - 16 years exp. (11 salaries)

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₹3 L/yr - ₹8.5 L/yr

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₹2.8 L/yr - ₹9 L/yr

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SVC Co-Operative Bank Banker Salary

4 - 21 years exp. (5 salaries)

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₹7.3 L/yr - ₹10.2 L/yr

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TJSB Sahakari Bank Banker Salary

0 - 7 years exp. (3 salaries)

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₹1.5 L/yr - ₹6 L/yr

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₹6 L/yr - ₹8.5 L/yr

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ICICI Bank Banker Salary

0 - 7 years exp. (48 salaries)

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₹1.8 L/yr - ₹9 L/yr

arrow icon 40% more
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Axis Bank Banker Salary

0 - 8 years exp. (28 salaries)

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₹2.5 L/yr - ₹6.8 L/yr

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IDFC FIRST Bank Banker Salary

0 - 7 years exp. (21 salaries)

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₹2 L/yr - ₹5.5 L/yr

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1 job opening
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Kotak Mahindra Bank Banker Salary

0 - 8 years exp. (20 salaries)

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₹2 L/yr - ₹4.4 L/yr

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HDFC Bank Banker Salary

0 - 8 years exp. (19 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

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IndusInd Bank Banker Salary

1 - 8 years exp. (11 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

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RBL Bank Banker Salary

2 - 6 years exp. (5 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 39% more
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Yes Bank Banker Salary

1 - 8 years exp. (4 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

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IDBI Bank Banker Salary

11 - 13 years exp. (3 salaries)

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₹12 L/yr - ₹17 L/yr

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Banker salary at Nkgsb CO-OP Bank ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Nkgsb CO-OP Bank.

Latest annual salaries shared by Nkgsb CO-OP Bank Banker in Mumbai

7mo ago
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6 years exp.
11mo ago
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5 years exp.

Experience wise Nkgsb CO-OP Bank Banker salaries in Mumbai

Last Updated: 14 May 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr
5 years  (3 salaries)

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₹2.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.3 L/yr

Similar Designation salaries in Nkgsb CO-OP Bank

Branch Manager Salary
(9 salaries)
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₹7.5 L/yr - ₹13 L/yr
Deputy Manager Salary
(3 salaries)
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₹12 L/yr - ₹13 L/yr

Salary related reviews for Nkgsb CO-OP Bank

3.1

Rated by 2 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 10 Nov 2019

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

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Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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Counter Department

5.0
  •  posted on 15 Aug 2018

5.0
 for  Salary and Benefits

Likes

.... The staff used to co-ordinate with us. The training given to me was excellent. The salary which they provide for apprentice profile is low & should increase it. Work environment was good. There was no political issues in the branch.

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Dislikes

I dislike nothing about working with the bank as the staff used to co-ordinate.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Jul 2023

2.0
 for  Salary and Benefits

Likes

Most of the staff exept few are always helpful and understanding and motivating. Till now there is not as much pressure of selling life insurance as there is in pvt sector banks.

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Dislikes

Upper management is just sooo competitive and inefficient that it seems like all have been appointed by taking bribe or political influence. Work is very poorly handled by the back office departments. Your work will be done on top priority only if you know the people working in the department handling your work. Otherwise you will be kept hanging and begging for getting the work done. There is no transparency to track your work. Lot of duplication of work is required to do here which slows and brings down your efficiency and all the staff are aware of all these inefficiencies but since there is no feedback handling appetite of the old upper management the 2nd level upper management passes these shortcomings to other lower staff and the lowest level staff anyways doesn't care for the organisation since they have realised that they are working like bondage labour just for the sake of salary. As such 65 to 70 percent of staff being ladies they are good at convincing Customers to go through all the inefficient processes the bank operates in and also in sweetly forcing customers to buy all the wrong insurance products. The top level management, in all these years, have deeply ingrained in their staff to just follow the inefficient processes given to them without questioning or speaking against them that there now no process left to voice the concerns or give feedbacks to the top management. All the internal communication from higher ups is jsut one way i.e. from top to bottom these should be rather called as instructions and not communications. If you are a new joined staff you will be trained to simply take orders of the higher ups and fearing them. The higher ups have installed many of their religious community based staff in between normal staffs,who have good contacts with higher ups and act like their secret agents being in between normal staff and propagating their agenda to other base level staff and sometimes also reporting your actions. These agents will also install fear in you constantly at all occasions by giving you instances of punishment transfer and other actions being taken against the rebellious and brave staff who questioned the higher ups. In todays time this bank lacks a lot too much. Even today if by gods grace this bank decides to completely change its orthodox ways and upper level staff they can improve quickly because the base level staff are much better in their thinking, much younger and competitive. All the best to all staff and bank as whole Staff : Highly Potential Management : Highly efficient at destroying the potential. P.S. : By now you should know that there are no Exit Interviews because all the base level staff including the ones in HR have either worked at branches or are fully aware of the inefficiencies but since the management is all deaf and doesn't bother for attrition, the HR doesn't bother to introspect the reason for attrition.

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Strategic & Top Management Department

5.0
  •  posted on 01 Jan 2021

5.0
 for  Salary and Benefits

Likes

Company is having good work culture and allows freedom at work place for better productivity. Company policies are good for employees and efforts are well recognized by management.

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Dislikes

Growth of company is slow wrt to vintage and some middle management issues were pain points.

Branch Operations Department

4.0
  •  posted on 01 Nov 2020

3.0
 for  Salary and Benefits

Likes

working here is amazing. teammates are more than just teammates. management is more transparent than any other organisations

read more

Dislikes

experience says you must roll out to different things. politics is everywhere so this is also no exception.

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Nkgsb CO-OP Bank Banker Salary FAQs

What is the salary of Banker at Nkgsb CO-OP Bank Mumbai?
Banker salary at Nkgsb CO-OP Bank in Mumbai ranges between ₹2.5 Lakhs to ₹5.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 36% less than the average Banker Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Nkgsb CO-OP Bank Mumbai.
How does the salary of a Banker at Nkgsb CO-OP Bank Mumbai compare with the average salary range for this job?
The average salary of a Banker at Nkgsb CO-OP Bank is 36% less than the average salary of a Banker in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Nkgsb CO-OP Bank to a Banker in Mumbai?
  • IDBI Bank Banker Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • SVC Co-Operative Bank Banker Salary - ₹7.3 Lakhs to ₹10.2 Lakhs per year
  • The Greater Bombay Co-operative Bank Banker Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
  • Punjab and Maharashtra Co-operative Bank Banker Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
  • The Saraswat Co-operative Bank Banker Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
What is the salary of a Banker in companies similar to Nkgsb CO-OP Bank in Mumbai?
  • Abhyudaya Co-operative Bank Banker Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
  • Yes Bank Banker Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
  • Axis Bank Banker Salary - ₹2.5 Lakhs to ₹6.8 Lakhs per year
  • TJSB Sahakari Bank Banker Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
  • ICICI Bank Banker Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Banker at Nkgsb CO-OP Bank in Mumbai?
The estimated take-home salary of a Banker at Nkgsb CO-OP Bank ranges between ₹20,994 per month to ₹22,642 per month in Mumbai. The take-home salary calculation is based on the average Nkgsb CO-OP Bank Banker salary in India which ranges between ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Banker at Nkgsb CO-OP Bank in Mumbai?
According to AmbitionBox, 100% of the Nkgsb CO-OP Bank Bankers in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Nkgsb CO-OP Bank Banker salary in Mumbai ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Nkgsb CO-OP Bank latest salaries received from various employees of Nkgsb CO-OP Bank.