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Public Sector banks in India Finance & Accounting Department Salaries in India

based on 27 latest salaries
Designation Avg Annual Salary Open Jobs
3 - 4 years exp. (AmbitionBox Estimate)
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₹11.1 L/yr - ₹14.1 L/yr

6 - 7 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹9.8 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr

6 - 7 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹16 L/yr

Starting your career? Discover Public Sector banks in India fresher salaries in India
31 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Fresher (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

9 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Fresher (AmbitionBox Estimate)
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₹13.7 L/yr - ₹17.5 L/yr

13 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr

4 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

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

9 - 14 years exp. (4 salaries)
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₹15 L/yr - ₹18 L/yr

7 - 9 years exp. (3 salaries)
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₹10.2 L/yr - ₹16 L/yr

Last Updated: 7 Nov, 2024

Salary related reviews for Public Sector banks in India

1.8

Rated by 2 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 28 Sep 2023

4.0
 for  Salary and Benefits

Likes

Allowances , facilities like loans for staff.

  • Salary - Good
  • +3 more

Dislikes

Work culture is to be improved from paper pen to digital, level of approvals , remote preference to be given, transfer policies , out of domain related work etc.

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jan 2022

5.0
 for  Salary and Benefits

Likes

Excellent career opportunities with very good working culture. Policies are transparent & in accordance with Govt guidelines. Management is very approachable with good for employees.

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  • Salary - Excellent
  • +6 more

Dislikes

Personally, I donot have any dislikes. I enjoyed fully working in PSB

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Apr 2023

3.0
 for  Salary and Benefits

Likes

You are serving the poor and needy. You are implementing majority of Government sponcerned schemes. Upon financial inclusion and opening large number of Zero balance accounts you have helped Govt as well as people who live below the poverty line are brought into banking channels and Digitalisation.Banks have greatly helped in eradicating Corruption by making direct payments in Govt Welfare Schemes.

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  • Job security - Good

Dislikes

Banks Human Resources Management Policy is very weak. I have come across cases wherein they have Charge Sheeted employees on frivilous grounds There is no principal of Natural Justice and you cannot raise your voice against management, they will use the weapon of transfer against you. I have come across a case wherein they have discharged the employee in Depatmental Proceedings and later given the employee for A C B, C B I Prosecution under Prevention of Corruption Act and he is still fighting the case even after leaving the Bank.

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  • Promotions - Poor
  • +2 more

Dy regional head Department

5.0
  •  posted on 01 Sep 2019

4.0
 for  Salary and Benefits

Likes

You can explore the best out of your team mates, you can provide customer delight service in the given scope, can get very good training and can part it to your colleagues and who accept challenges, though your job is fully secured justifying your given role to the satisfaction of superiors by virtue of which you get proper recognition there by you will be moved to higher levels in the ladder there by getting higher salaries and appraisals for your good work and you will have good mobility to various places from which you can integrate your self with all cultures and languages and to satisfy your role in national integration by avoiding your role in active politics as per your job role unattatched to any particular political organisation having wide scope of learning in new techniques which can help you for better development in the assigned job role to identify new creative methods for betterment in job role with hour disturbing your work life balance by providing equal importance to official as well as family life.

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  • Salary - Good
  • +6 more

Dislikes

Normally as the job is secured we reluctant to provide good service. I feel we all should step into the shoes of the customer before doing our extended service and imagine ourselves at the other side of the table so that our attitude will change to 180 degrees.

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BFSI, Investments & Trading Department

5.0
  •  posted on 16 Jan 2019

5.0
 for  Salary and Benefits

Likes

Competition compels the employee learn to remain updated. Growth path is well defined. Job security and post retirement benefits permit you focus on your job.

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  • Salary - Excellent
  • +6 more

Dislikes

No extra encouragement for hardworking talent. Similar treatment to almost all.

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Public Sector banks in India Salary FAQs

How much does Public Sector banks in India pay per year?
The average Public Sector banks in India salary ranges from approximately ₹8 Lakhs to ₹13 Lakhs per year for a Assistant Manager and ₹20 Lakhs to ₹36 Lakhs per year for a Deputy General Manager. Salary estimates are based on 27 Public Sector banks in India salaries received from various employees of Public Sector banks in India. Public Sector banks in India employees rate the overall salary and benefits package 1.8/5 stars.
What is the highest salary in Public Sector banks in India?
The highest-paying job at Public Sector banks in India is a Deputy General Manager with a salary of ₹20 Lakhs to ₹36 Lakhs per year. The top 10% of employees earn more than ₹24 lakhs per year. The top 1% earn more than a whopping ₹56.10 lakhs per year.
What is the minimum salary in Public Sector banks in India?
Minimum salary at Public Sector banks in India depends on the role you are applying for. For Assistant Manager the minimum salary is ₹8 Lakhs to ₹13 Lakhs per year, and for Branch Manager the minimum salary is ₹9.5 Lakhs to ₹12.3 Lakhs per year and so on.
What is the notice period at Public Sector banks in India in Finance & Accounting Department?
According to AmbitionBox, 71% of the Public Sector banks in India employees in Finance & Accounting Department reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Public Sector banks in India is INRunlock blur . Salary estimates are based on 27 Public Sector banks in India latest salaries received from various employees of Public Sector banks in India.

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