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PSU Banks Salaries in India (Updated 2025)

based on 216 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Administration & Facilities + 6 more
Designation Avg Annual Salary Open Jobs
0 - 16 years exp. (7 salaries)
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₹7 L/yr - ₹20 L/yr

6 - 13 years exp. (6 salaries)
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₹8 L/yr - ₹15 L/yr

6 - 10 years exp. (6 salaries)
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₹5 L/yr - ₹12 L/yr

12 - 27 years exp. (5 salaries)
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₹15 L/yr - ₹25 L/yr

Starting your career? Discover PSU Banks fresher salaries in India
20 - 31 years exp. (4 salaries)
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₹22 L/yr - ₹45 L/yr

14 - 26 years exp. (4 salaries)
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₹15 L/yr - ₹32 L/yr

4 - 15 years exp. (4 salaries)
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₹7.2 L/yr - ₹16.5 L/yr

3 - 10 years exp. (3 salaries)
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₹10 L/yr - ₹15 L/yr

7 - 9 years exp. (3 salaries)
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₹11.8 L/yr - ₹20 L/yr

4 - 10 years exp. (3 salaries)
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₹3 L/yr - ₹6 L/yr

20 - 22 years exp. (3 salaries)
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₹20 L/yr - ₹30 L/yr

29 - 32 years exp. (3 salaries)
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₹40 L/yr - ₹55 L/yr

31 - 34 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

12 - 31 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

30 - 32 years exp. (AmbitionBox Estimate)
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₹8.7 L/yr - ₹11.2 L/yr

6 - 7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

1 year exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.7 L/yr

6 - 13 years exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr

20 - 22 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

20 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Last Updated: 20 Mar, 2025

Salary related reviews for PSU Banks

3.7

Rated by 27 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 Sep 2024

4.0
 for  Salary and Benefits

Likes

देश के संसाधनों का बेहतर उपयोग करके लोक कल्याण करना । रोजगार के अवसर उत्पन्न करना । To do public welfare by making better use of the resources of the country. To generate employment opportunities.

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  • Salary - Good
  • +5 more

Dislikes

प्राइवेट कॉरपोरेट सेक्टर से कम वेतन । Lower salary than private corporate sector.

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Administration & Facilities Department

5.0
  •  posted on 19 Mar 2021

3.0
 for  Salary and Benefits

Likes

I would like to say that, I worked in various departments in JNU, and there is lots of experience to handle students, staffs and knowing about admission process, administrative rules regulations etc. And finance too..

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  • Skill development - Good
  • +2 more

Dislikes

There is no opportunity for permanent and salary hiking is very low as per govt. Of NCT of Delhi.

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Part Time

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Human Resources Department

5.0
  •  posted on 19 Mar 2023

4.0
 for  Salary and Benefits

Likes

Working in a PSU is not bad. In PSUs the employees are getting very good remuneration in addition to the other benefits like PRP, cafeteria etc.

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  • Salary - Good
  • +6 more

Dislikes

In PSU, the employees who were rendered more than 35 years of service are getting a nominal pension of about Rs..4000/-, hence no social security is available if we work in PSU.

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BFSI, Investments & Trading Department

4.0
  •  posted on 15 Oct 2017

4.0
 for  Salary and Benefits

Likes

The bank is with CBS system adopted state of the art technology updating from time to time with the need of the hour having excellent inhouse staff training college to impart training at beautiful place Manipal a village but with the status of Cosmopolitan city adore with environment and presence of international students gentry .the bank is unique in innovative products of banking for the common man and community having greater role in the development of the society on the social and economic front with sole aim to be part of startup India,standup India and makeup India along with excellent opportunities for self development and professional career with scope of fast track promotions !!!!! Besides reasonable salary and perks. And lastely to get opportunity to serve the people proudly and honestly.

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  • Salary - Good
  • +6 more

Dislikes

Politics of groupism , inappropriate transfer policy , influence of union and associations , victimisation of innocent and non influencial on posting under transfer policy ,non existence of performance based variable pay and perks.

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PSU Banks Salary FAQs

How much does PSU Banks pay to its employees?
The average annual salary at PSU Banks varies depending on the role, experience, and location. The salary ranges for some popular designations at PSU Banks, are as follows:

Bank Manager ₹7 Lakhs to ₹20 Lakhs per year
Banking Officer ₹8 Lakhs to ₹15 Lakhs per year
Officer ₹5 Lakhs to ₹12 Lakhs per year
Assistant General Manager ₹15 Lakhs to ₹25 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹15 Lakhs to ₹25 Lakhs per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹48.6 Lakhs per year. Salaries at PSU Banks 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 salary estimates are based on data from 216 salaries submitted by PSU Banks employees. PSU Banks is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in PSU Banks is INRunlock blur . Salary estimates are based on 216 PSU Banks latest salaries received from various employees of PSU Banks.

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