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Punjab & Sind Bank Banking Officer salaries in India

Annual salary range
6 - 8 years exp.
₹8.8 Lakhs - ₹11 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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125% more than the average Banking Officer Salary in Banking Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Banking Officer Salary
8 years exp. (AmbitionBox Estimate)
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₹8.9 L/yr - ₹11 L/yr

Finance & Accounting
Banking Officer Salary
6 years exp. (AmbitionBox Estimate)
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₹8.7 L/yr - ₹9.8 L/yr

Last Updated: 5 Sep 2024

Companies similar to Punjab & Sind Bank for Banking Officer

Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Banking Officer Salary

0 - 7 years exp. (585 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 61% less
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AU Small Finance Bank Banking Officer Salary

0 - 8 years exp. (363 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 60% less
2 job openings
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IndusInd Bank Banking Officer Salary

1 - 6 years exp. (133 salaries)

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₹1.5 L/yr - ₹6 L/yr

arrow icon 61% less
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Yes Bank Banking Officer Salary

0 - 6 years exp. (102 salaries)

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₹1.2 L/yr - ₹5.4 L/yr

arrow icon 65% less
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₹1 L/yr - ₹5 L/yr

arrow icon 64% less
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City Union Bank Banking Officer Salary

1 - 7 years exp. (78 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 44% less
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₹1 L/yr - ₹3.6 L/yr

arrow icon 75% less
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Standard Chartered Banking Officer Salary

1 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 54% less
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DBS Bank Banking Officer Salary

1 - 13 years exp. (37 salaries)

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₹3 L/yr - ₹10.4 L/yr

arrow icon 39% less
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RBL Bank Banking Officer Salary

1 - 6 years exp. (35 salaries)

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₹1.3 L/yr - ₹4.9 L/yr

arrow icon 64% less
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₹1.6 L/yr - ₹5 L/yr

arrow icon 69% less
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DCB Bank Banking Officer Salary

0 - 6 years exp. (27 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 64% less
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Karnataka Bank Banking Officer Salary

0 - 13 years exp. (27 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 6% more
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IDBI Bank Banking Officer Salary

2 - 15 years exp. (24 salaries)

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₹6.6 L/yr - ₹17.8 L/yr

arrow icon 23% more
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CSB Bank Banking Officer Salary

1 - 4 years exp. (21 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 63% less
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Karur Vysya Bank Banking Officer Salary

2 - 14 years exp. (13 salaries)

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₹3.7 L/yr - ₹11 L/yr

arrow icon 20% less
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Bank of Maharashtra Banking Officer Salary

0 - 10 years exp. (9 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 33% more
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Barclays Banking Officer Salary

0 - 7 years exp. (7 salaries)

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₹15.7 L/yr - ₹25 L/yr

arrow icon 77% more
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Federal Bank Banking Officer Salary

0 - 3 years exp. (5 salaries)

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₹7.7 L/yr - ₹10.8 L/yr

arrow icon 5% less
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₹2.3 L/yr - ₹3 L/yr

arrow icon 69% less
View all
Banking Officer salary at Punjab & Sind Bank ranges between ₹8.8 Lakhs to ₹11 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Punjab & Sind Bank.

Latest annual salaries shared by Punjab & Sind Bank Banking Officer

6mo ago
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7 years exp.
1y ago
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8 years exp.
1y ago
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6 years exp.

Experience wise Punjab & Sind Bank Banking Officer salaries

Last Updated: 5 Sep 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹9.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹10 L/yr
8 years  (3 salaries)

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₹3.6 L/yr - ₹11 L/yr

Similar Designation salaries in Punjab & Sind Bank

Accounts Officer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Deputy Manager Salary
(3 salaries)
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₹13.3 L/yr - ₹30 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.5 L/yr

Salary related reviews for Punjab & Sind Bank

3.8

Rated by 6 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 01 Jun 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Everything- starting with extremely terrible work life balance, more stress and mental health issues than the salary, harassment in the name of transfers and sea water kinda employees- you are surrounded by a lot of them but they are of no use- neither do they work nor have any skill sets nor are humane. Nothing about this job is satisfactory.

read more
  • Salary - Poor
  • +6 more

Loans at Branch Level Department

3.0
  •  posted on 28 Sep 2019

2.0
 for  Salary and Benefits

Likes

The only good thing about this Bank is that being a Government Bank, it provides job security. While being the smallest Public Sector Bank, it has a comparatively smaller Customer Base, due to which work pressure is low as compared to other Public Sector Banks. Your Work-life balance depends on the Branch and mostly on your Manager/Competent Authority. Career Growth depends on your performance along with the relations one can maintain with higher authorities, which is generally required in every organisation. It has its own training centres, but the faculty mostly consists of ex-staff, whose teaching skills can be rated from poor to average. One needs to be skillful and curious on his own to learn and move up the ladder.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Being the smallest Public Sector Bank, the compensation and allowances are the lowest in Banking Industry, and it will always frustrate you. Work-Life Balance depends on your Branch and mostly on your Branch Manager/Competent Authority, in which mostly Branch Managers fares poorly. Low compensation and allowances is not the only failure of HR policies, but also lack of vision and apathy towards Field Staff in HR department has lead to shortage of Staff in all the Branches, which has hampered the growth of this Bank. You can't provide better Customer Service inspite of trying your best because of shortage of staff in Branch. Poor infrastructure in Branches and poor utilisation of technology keep this Bank always back in terms of Growth. This Bank is too bad in terms of technology as compared to other Banks, which hampers the Branch Staff to attract new Customer Base including the millenials. Head Office and Zonal Office mostly consists of Non-Performers, Chargesheet Officials and Sycophants, due to which even the talented and hard-working Field Functionaries fails to provide their best because of lack of support from above. The promotion process is not transparent as interview marks are never disclosed, so that the sycophants are provided promotions and deserving ones are left behind. Even the transfer process is carried out behind the curtains to provide undue benefits to the sycophants.

read more
  • Salary - Poor

Finance & Accounting Department

5.0
  •  posted on 26 Mar 2018

4.0
 for  Salary and Benefits

Likes

...es exemplary training in all fields of banking. Job security is of a tall order. Salary is commensurate with experience and qualifications. Travel on duty is as per industry standards.Appraisal is objective as per performance and potential.

read more
  • Salary - Good
  • +6 more

Dislikes

NiL.

Full Time

 · 

Other Department

2.0
  •  posted on 14 Nov 2024

3.0
 for  Salary and Benefits

Likes

Govt bank so job security.

  • Job security - Excellent
  • +1 more

Dislikes

There is huge discrimination among employees, lickspittle enjoys there life on expense of real performers and skilled employees. Non talented and terrible employees get preference on everything due to there skill in flattery.

read more
  • Promotions - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Nov 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like. Worst public sector bank, no empathy for staff, HR is awful. Management wants us to give service, but there is no support from higher authority.

read more

Dislikes

Everything, from top to bottom, there is no time to return back home and after that we are called on weekends. Bank itself is unaware of its aim and the people in the management are simply incompatible and they want us to compete with the industry.

read more
  • Salary - Poor
  • +6 more
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Punjab & Sind Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at Punjab & Sind Bank ?
The average salary of a Banking Officer at Punjab & Sind Bank in India typically ranges from ₹8.8 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Banking Officer at Punjab & Sind Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Banking Officer Salaries at Punjab & Sind Bank 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 estimates are based on salary data submitted by 5 Punjab & Sind Bank employees in India.
What is the estimated take home salary of a Banking Officer at Punjab & Sind Bank in India?
The estimated take-home salary of a Banking Officer at Punjab & Sind Bank in India typically ranges from ₹65,383 to ₹67,052 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 6 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Punjab & Sind Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Punjab & Sind Bank for Banking Officer in India?
Barclays ₹15.7 Lakhs to ₹25.0 Lakhs per year
Bank of Maharashtra ₹5.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank ₹6.6 Lakhs to ₹17.8 Lakhs per year
Karnataka Bank ₹4.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Punjab & Sind Bank, depending on the role and experience level.
What is the salary of a Banking Officer in companies similar to Punjab & Sind Bank in India?
The salary of a Banking Officer at companies similar to Punjab & Sind Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank ₹7.7 Lakhs to ₹10.8 Lakhs per year
NatWest Group ₹3.8 Lakhs to ₹17.1 Lakhs per year
Karur Vysya Bank ₹3.7 Lakhs to ₹11.0 Lakhs per year
ANZ Banking Group ₹4.5 Lakhs to ₹6.6 Lakhs per year
DBS Bank ₹3.0 Lakhs to ₹10.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Banking Officer at Punjab & Sind Bank in India?
The salary growth for a Banking Officer at Punjab & Sind Bank depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at Punjab & Sind Bank:

Experience Average Salary Range
6 years ₹3.6 Lakhs to ₹9.8 Lakhs per year
7 years ₹3.6 Lakhs to ₹10.0 Lakhs per year
8 years ₹3.6 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

Punjab & Sind Bank Banking Officer salary in India ranges between ₹8.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Punjab & Sind Bank latest salaries received from various employees of Punjab & Sind Bank.