Punjab and Maharashtra Co-operative Bank Mumbai Branch Banking Officer Salaries by 9 Employees (Updated 2024)

4 - 8 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

10% more than the average Branch Banking Officer Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 10 Jun 2023

Companies similar to Punjab and Maharashtra Co-operative Bank for Branch Banking Officer in Mumbai

Punjab and Maharashtra Co-operative Bank Branch Banking Officer Salary

4 - 8 years exp. (9 salaries)

₹3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Banking Officer Salary 0 - 6 years exp. (12 salaries)	₹1.8 L/yr - ₹4 L/yr 7% less
Kotak Mahindra Bank Branch Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹4.8 L/yr 18% more
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Axis Bank Branch Banking Officer Salary 1 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹5 L/yr 4% less
HDFC Bank Branch Banking Officer Salary 2 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹4 L/yr 20% less
Yes Bank Branch Banking Officer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 7% less
IDFC FIRST Bank Branch Banking Officer Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 7% less

Branch Banking Officer salary at Punjab and Maharashtra Co-operative Bank ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Experience wise Punjab and Maharashtra Co-operative Bank Branch Banking Officer salaries in Mumbai

Last Updated: 10 Jun 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
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6 years (5 salaries)	₹3 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Banking Officer Salary

(25 salaries)

₹2.4 L/yr - ₹5 L/yr

Branch Manager Salary

(4 salaries)

₹7 L/yr - ₹10 L/yr

Salary related reviews for Punjab and Maharashtra Co-operative Bank

5.0

Rated by 1 employees for salary & benefits

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Sep 2020

2.0

for Salary and Benefits

Likes

Bank was good before imposition of directives under 35A by RBI. Work life balance was also good. But now they have terminated all the Management Trainees from the Bank without any prior notice on 31st August 2020 citing bank's severe financial condition due to directives under 35A imposed by RBI.

Dislikes

Low Pay. Slow growth and long trainee period.

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Nov 2018

4.0

for Salary and Benefits

Likes

I am learning about various banking products basically i am working in loan section where i am handling various various loans from processing to disbursing

Dislikes

Compensation is good but growth is slow.i always wanted to work withI reputed bank training is provided by bank, but salary i was getting is very low as per my work.

Management Trainee in Kolhapur

Customer Success, Service & Operations Department

5.0

• posted on 20 Nov 2020

1.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive.there is huge cafeteria and gaming arcade for chilling..one of most is there is jim for all staff to fit abd healthy.

Dislikes

Management traninee traninee bond is so longer.salary package confusing or its incomplete...

Management Trainee in Bhandup West,Mumbai

Shares department Department

4.0

• posted on 16 Jun 2021

4.0

for Salary and Benefits

Likes

...vironment and culture.staff are supportive and caring.management is transparent.bank policies are good and average salary.

Dislikes

There is a lot of politics senior members are low knowledgeable.there is low salary and more extra work for lower employees.

Management Trainee in Mumbai

Shares department Department

5.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

...ff were supportive and management is transparent. Work environment is excellent.policies are good and give good salary hike and bonus.

Dislikes

Salary is decent but career growth is slow. There is a 3 years of probation period.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Punjab and Maharashtra Co-operative Bank Branch Banking Officer Salary FAQs

What is the salary of Branch Banking Officer at Punjab and Maharashtra Co-operative Bank Mumbai?

Branch Banking Officer salary at Punjab and Maharashtra Co-operative Bank in Mumbai ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 10% more than the average Branch Banking Officer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank Mumbai.

How does the salary of a Branch Banking Officer at Punjab and Maharashtra Co-operative Bank Mumbai compare with the average salary range for this job?

The average salary of a Branch Banking Officer at Punjab and Maharashtra Co-operative Bank is 10% more than the average salary of a Branch Banking Officer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab and Maharashtra Co-operative Bank to a Branch Banking Officer in Mumbai?

Kotak Mahindra Bank Branch Banking Officer Salary - ₹2.7 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Branch Banking Officer in companies similar to Punjab and Maharashtra Co-operative Bank in Mumbai?

Axis Bank Branch Banking Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
IDFC FIRST Bank Branch Banking Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
ICICI Bank Branch Banking Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Yes Bank Branch Banking Officer Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Branch Banking Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Branch Banking Officer at Punjab and Maharashtra Co-operative Bank in Mumbai?

The estimated take-home salary of a Branch Banking Officer at Punjab and Maharashtra Co-operative Bank ranges between ₹26,119 per month to ₹27,541 per month in Mumbai. The take-home salary calculation is based on the average Punjab and Maharashtra Co-operative Bank Branch Banking Officer salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Banking Officer at Punjab and Maharashtra Co-operative Bank in Mumbai?

According to AmbitionBox, 50% of the Punjab and Maharashtra Co-operative Bank Branch Banking Officers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Punjab and Maharashtra Co-operative Bank Branch Banking Officer Salaries in Mumbai

Punjab and Maharashtra Co-operative Bank Branch Banking Officer salary in Mumbai ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Punjab and Maharashtra Co-operative Bank latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Punjab and Maharashtra Co-operative Bank Branch Banking Officer salaries in Mumbai

Companies similar to Punjab and Maharashtra Co-operative Bank for Branch Banking Officer in Mumbai

Latest annual salaries shared by Punjab and Maharashtra Co-operative Bank Branch Banking Officer in Mumbai

Experience wise Punjab and Maharashtra Co-operative Bank Branch Banking Officer salaries in Mumbai

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Salary related reviews for Punjab and Maharashtra Co-operative Bank

Management Trainee in Mumbai

Management Trainee in Mumbai

Management Trainee in Kolhapur

Management Trainee in Bhandup West,Mumbai

Management Trainee in Mumbai

Punjab and Maharashtra Co-operative Bank Branch Banking Officer Salary FAQs

Tell us how to improve this page.