Punjab and Maharashtra Co-operative Bank Officer Salaries by 300+ Employees (Updated 2024)

3 - 11 years exp.

₹1.3 Lakh - ₹6.3 Lakhs

Salary of majority employees

24% less than the average Officer Salary in Banking Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Officer Salary 3 - 11 years exp. (241 salaries)	₹2.5 L/yr - ₹6.3 L/yr
Finance & Accounting Officer Salary 3 - 11 years exp. (54 salaries)	₹1.3 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Officer Salary 3 - 10 years exp. (44 salaries)	₹2.4 L/yr - ₹5.5 L/yr

Last Updated: 13 Oct 2024

Companies similar to Punjab and Maharashtra Co-operative Bank for Officer

Company name	Avg Annual Salary	Open Jobs
The Saraswat Co-operative Bank Officer Salary 2 - 12 years exp. (37 salaries)	₹3 L/yr - ₹6 L/yr 23% more
Abhyudaya Co-operative Bank Officer Salary 9 - 15 years exp. (55 salaries)	₹4.5 L/yr - ₹8.5 L/yr 72% more
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Bharat Cooperative Bank Officer Salary 5 - 11 years exp. (95 salaries)	₹5 L/yr - ₹10 L/yr 108% more
Nkgsb CO-OP Bank Officer Salary 5 - 11 years exp. (31 salaries)	₹3 L/yr - ₹7.1 L/yr 56% more
SVC Co-Operative Bank Officer Salary 6 - 11 years exp. (68 salaries)	₹3.1 L/yr - ₹9.1 L/yr 56% more
Apna Sahakari Bank Officer Salary 7 - 17 years exp. (15 salaries)	₹4.2 L/yr - ₹7.4 L/yr 67% more
The Kalyan Janata Sahakari Bank Officer Salary 6 - 12 years exp. (5 salaries)	₹3 L/yr - ₹9 L/yr 54% more
Punjab National Bank Officer Salary 1 - 10 years exp. (41 salaries)	₹2.8 L/yr - ₹12 L/yr 112% more
HDFC Bank Officer Salary 1 - 10 years exp. (535 salaries)	₹1.4 L/yr - ₹5 L/yr 18% less	1 job opening
Axis Bank Officer Salary 0 - 5 years exp. (546 salaries)	₹1.5 L/yr - ₹4.5 L/yr 27% less
ICICI Bank Officer Salary 0 - 8 years exp. (463 salaries)	₹1.1 L/yr - ₹6 L/yr 23% less
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Yes Bank Officer Salary 0 - 6 years exp. (383 salaries)	₹1.5 L/yr - ₹4 L/yr 25% less
Canara Bank Officer Salary 2 - 12 years exp. (196 salaries)	₹5 L/yr - ₹17 L/yr 222% more
IndusInd Bank Officer Salary 0 - 4 years exp. (190 salaries)	₹1.4 L/yr - ₹4.2 L/yr 20% less
RBL Bank Officer Salary 0 - 6 years exp. (181 salaries)	₹1.8 L/yr - ₹4.2 L/yr 24% less
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (164 salaries)	₹1.7 L/yr - ₹5.5 L/yr 3% less
Federal Bank Officer Salary 0 - 3 years exp. (153 salaries)	₹4.8 L/yr - ₹16 L/yr 225% more
Jana Small Finance Bank Officer Salary 0 - 5 years exp. (152 salaries)	₹1 L/yr - ₹3 L/yr 41% less
Bandhan Bank Officer Salary 1 - 5 years exp. (62 salaries)	₹1.2 L/yr - ₹3 L/yr 39% less
Ujjivan Small Finance Bank Officer Salary 1 - 6 years exp. (60 salaries)	₹1.5 L/yr - ₹4 L/yr 10% less

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Officer salary at Punjab and Maharashtra Co-operative Bank ranges between ₹1.3 Lakh to ₹6.3 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 399 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Experience wise Punjab and Maharashtra Co-operative Bank Officer salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
3 years (24 salaries)	₹1.3 L/yr - ₹4 L/yr
4 years (43 salaries)	₹2.2 L/yr - ₹5 L/yr
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5 years (80 salaries)	₹2 L/yr - ₹5 L/yr
6 years (64 salaries)	₹2.4 L/yr - ₹5.6 L/yr
7 years (60 salaries)	₹2.8 L/yr - ₹6 L/yr
8 years (49 salaries)	₹3 L/yr - ₹6.3 L/yr
9 years (48 salaries)	₹3 L/yr - ₹6 L/yr
10 years (24 salaries)	₹3.6 L/yr - ₹6 L/yr
11 years (7 salaries)	₹1.9 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

QA Engineer Salary

(3 salaries)

₹3 L/yr - ₹6.5 L/yr

Senior Engineer Salary

(5 salaries)

₹4 L/yr - ₹13 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Junior Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3 L/yr

Software Engineer Salary

(5 salaries)

₹6 L/yr - ₹8.65 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Punjab and Maharashtra Co-operative Bank

3.4

Rated by 35 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

Deadend

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 Officer Salary FAQs

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

Officer salary at Punjab and Maharashtra Co-operative Bank in India ranges between ₹1.3 Lakhs to ₹6.3 Lakhs for experience between 3 years to 11 years. According to our estimates it is 24% less than the average Officer Salary in India. Salary estimates are based on 399 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank India.

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

The average salary of a Officer at Punjab and Maharashtra Co-operative Bank is 24% less than the average salary of a Officer in India. To know exact salary insights, login to view.

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

Federal Bank Officer Salary - ₹4.8 Lakhs to ₹16.0 Lakhs per year
Canara Bank Officer Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Punjab National Bank Officer Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
Bharat Cooperative Bank Officer Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
City Union Bank Officer Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year

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

Abhyudaya Co-operative Bank Officer Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
Apna Sahakari Bank Officer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
South Indian Bank Officer Salary - ₹5.5 Lakhs to ₹8.0 Lakhs per year
SVC Co-Operative Bank Officer Salary - ₹3.1 Lakhs to ₹9.1 Lakhs per year
Nkgsb CO-OP Bank Officer Salary - ₹3.0 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Officer at Punjab and Maharashtra Co-operative Bank ranges between ₹26,627 per month to ₹28,042 per month in India. The take-home salary calculation is based on the average Punjab and Maharashtra Co-operative Bank Officer salary in India which ranges between ₹1.3 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 36% of the Punjab and Maharashtra Co-operative Bank Officers reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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Punjab and Maharashtra Co-operative Bank Officer Salaries

Punjab and Maharashtra Co-operative Bank Officer salary in India ranges between ₹1.3 Lakh to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 399 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 Officer salaries in India

Companies similar to Punjab and Maharashtra Co-operative Bank for Officer

Latest annual salaries shared by Punjab and Maharashtra Co-operative Bank Officer

Experience wise Punjab and Maharashtra Co-operative Bank Officer salaries

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 Officer Salary FAQs

Tell us how to improve this page.

Punjab and Maharashtra Co-operative Bank Officer Salaries by Location