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Punjab & Sind Bank Salaries in Mumbai

based on 22 latest salaries
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BFSI, Investments & Trading Finance & Accounting
Designation Avg Annual Salary Open Jobs
5 - 8 years exp. · Mumbai (4 salaries)
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₹11 L/yr - ₹15.8 L/yr

2 - 4 years exp. · Mumbai (3 salaries)
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₹8.1 L/yr - ₹10.4 L/yr

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.9 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹15 L/yr - ₹19.2 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.5 L/yr

8 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹16 L/yr

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹15.5 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Last Updated: 11 Dec, 2024

Salary related reviews for Punjab & Sind Bank

2.7

Rated by 8 employees for salary & benefits

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.

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Dislikes

NiL.

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.

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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.

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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.

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Full Time

 · 

Other Department

2.0
  •  posted on 14 Nov 2024

3.0
 for  Salary and Benefits

Likes

Govt bank so job security.

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.

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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.

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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.

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Punjab & Sind Bank interview questions by designations

Punjab & Sind Bank Salary FAQs

How much does Punjab & Sind Bank pay per year?
The average Punjab & Sind Bank salary ranges from approximately ₹0.7 Lakh to ₹4.5 Lakhs per year for a Banker and ₹18 Lakhs to ₹32 Lakhs per year for a Chief Manager. Salary estimates are based on 22 Punjab & Sind Bank salaries received from various employees of Punjab & Sind Bank. Punjab & Sind Bank employees rate the overall salary and benefits package 2.7/5 stars.
What is the highest salary in Punjab & Sind Bank?
The highest-paying job at Punjab & Sind Bank is a Chief Manager with a salary of ₹18 Lakhs to ₹32 Lakhs per year. The top 10% of employees earn more than ₹21 lakhs per year. The top 1% earn more than a whopping ₹33.06 lakhs per year.
What is the minimum salary in Punjab & Sind Bank?
Minimum salary at Punjab & Sind Bank depends on the role you are applying for. For Banking Officer the minimum salary is ₹8.1 Lakhs to ₹11 Lakhs per year, and for Credit Officer the minimum salary is ₹5 Lakhs to ₹13 Lakhs per year and so on.
What is the notice period at Punjab & Sind Bank in Mumbai?
According to AmbitionBox, 50% of the Punjab & Sind Bank employees in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Average annual salary in Punjab & Sind Bank , Mumbai is INRunlock blur . Salary estimates are based on 22 Punjab & Sind Bank latest salaries received from various employees of Punjab & Sind Bank.

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