Punjab National Bank Business Correspondent Salaries by 6 Employees

2 - 13 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Business Correspondent Salary in Banking Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Correspondent Salary 2 - 7 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Finance & Accounting Business Correspondent Salary 3 - 11 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr

Last Updated: 19 Sep 2024

Companies similar to Punjab National Bank for Business Correspondent

Company name	Avg Annual Salary	Open Jobs
State Bank of India Business Correspondent Salary 1 - 12 years exp. (34 salaries)	₹1.3 L/yr - ₹4 L/yr 33% more
Bank of Baroda Business Correspondent Salary 0 - 6 years exp. (15 salaries)	₹1.7 L/yr - ₹3.1 L/yr 10% more
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Canara Bank Business Correspondent Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹5.2 L/yr 39% more
Bank of India Business Correspondent Salary 0 - 10 years exp. (12 salaries)	₹1 L/yr - ₹4.5 L/yr 28% more
Indian Overseas Bank Business Correspondent Salary 1 - 5 years exp. (11 salaries)	₹1 L/yr - ₹3 L/yr 16% less
Central Bank of India Business Correspondent Salary 0 - 6 years exp. (9 salaries)	₹1.5 L/yr - ₹3 L/yr 12% more
Indian Bank Business Correspondent Salary 1 - 9 years exp. (8 salaries)	₹1.2 L/yr - ₹3 L/yr 10% more
HDFC Bank Business Correspondent Salary 1 - 5 years exp. (6 salaries)	₹1.9 L/yr - ₹3.6 L/yr 16% more
Axis Bank Business Correspondent Salary 2 - 7 years exp. (6 salaries)	₹0.9 L/yr - ₹2.8 L/yr 3% more
IndusInd Bank Business Correspondent Salary 2 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 30% more
ICICI Bank Business Correspondent Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr 36% more
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Union Bank of India Business Correspondent Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3.3 L/yr 1% less
IDFC FIRST Bank Business Correspondent Salary 2 - 12 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 40% more

Business Correspondent salary at Punjab National Bank ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Business Correspondent salaries

Last Updated: 19 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
11 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.6 L/yr
12 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
13 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in Punjab National Bank

Sales Coordinator Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Executive Salary

(6 salaries)

₹1.2 L/yr - ₹2.51 L/yr

Sales Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Sales Associate Salary

(4 salaries)

₹2.48 L/yr - ₹2.5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Team Lead Salary

(4 salaries)

₹2.8 L/yr - ₹3.36 L/yr

Branch Manager Salary

(54 salaries)

₹5 L/yr - ₹20 L/yr

Salary related reviews for Punjab National Bank

1.5

Rated by 3 employees for salary & benefits

Business Correspondent

Customer Success, Service & Operations Department

4.0

• posted on 22 Feb 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and adopts latest technology like payments to customer with Bio metric. i am a part of a team that market reliable and has a global client base.

Skill development - Good

+2 more

Dislikes

compensation is decent but growth is very slow. The work pressure is very high always. I have to work-14-18 hours in a day without any break and managers and district manager do no value an individuals unique strength,which is why i have to take back my suggestions most of times.

Promotions - Poor

Deputy Manager in Patna

Full Time

Strategic & Top Management Department

1.0

• posted on 03 Sep 2024

2.0

for Salary and Benefits

Likes

No matter what you do your salary will remain same.

Job security - Excellent

Dislikes

Frequent transfers to remote villages create hell lot of family problems and other problems as well. Banking sector has hell lot of corruption and you will feel very insecure if you are moral.

Salary - Poor

+5 more

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Oct 2023

3.0

for Salary and Benefits

Likes

decent salary and perks but still less than Central Governments employees

Job security - Excellent

Dislikes

Undue pressure is put on us for target completion with staff shortage. Apart from this we have to deal with throttling compliance policies which makes even simple work cumbersome and difficult. There are so many portals for complaints and we are always on our toes.

Skill development - Poor

+3 more

Branch Manager in New Delhi

Finance & Accounting Department

3.0

• posted on 29 Dec 2018

1.0

for Salary and Benefits

Likes

...retirees which were more in the 1980. Pensions have not been updated since 1995. All employees/ retirees have demanded the same benefits as per Central Pay Commission recommendations on salary revision of Central Govt. Employees/ Retirees.

Dislikes

Salary - Bad
Job security - Poor

+1 more

Senior Associate in Mandi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Job security Good Salary Good perks and allowances Supportive to leaners and new joinees Overall good in terms of learning new things

Salary - Good

+1 more

Dislikes

No work life balance Extending work hours Bad management Poor work culture in top management Work pressure too much in officer cadre

Company culture - Poor

+1 more

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Punjab National Bank Business Correspondent Salary FAQs

What is the salary of Business Correspondent at Punjab National Bank ?

The average salary of a Business Correspondent at Punjab National Bank in India typically ranges from ₹1.5 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Business Correspondent at Punjab National Bank earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Business Correspondent Salaries at Punjab National 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 6 Punjab National Bank employees in India.

What is the estimated take home salary of a Business Correspondent at Punjab National Bank in India?

The estimated take-home salary of a Business Correspondent at Punjab National Bank in India typically ranges from ₹14,385 to ₹15,899 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 13 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 6 salaries received from various employees of Punjab National Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Punjab National Bank for Business Correspondent in India?

IDFC FIRST Bank	₹2.1 Lakhs to ₹4.0 Lakhs per year
Canara Bank	₹1.2 Lakhs to ₹5.2 Lakhs per year
ICICI Bank	₹2.4 Lakhs to ₹3.5 Lakhs per year
State Bank of India	₹1.3 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank	₹2.5 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Punjab National Bank, depending on the role and experience level.

What is the salary of a Business Correspondent in companies similar to Punjab National Bank in India?

The salary of a Business Correspondent at companies similar to Punjab National Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of India	₹1.0 Lakhs to ₹4.5 Lakhs per year
HDFC Bank	₹1.9 Lakhs to ₹3.6 Lakhs per year
Central Bank of India	₹1.5 Lakhs to ₹3.0 Lakhs per year
Indian Bank	₹1.2 Lakhs to ₹3.0 Lakhs per year
Bank of Baroda	₹1.7 Lakhs to ₹3.1 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 Business Correspondent at Punjab National Bank in India?

The salary growth for a Business Correspondent at Punjab National Bank depends on factors such as experience, performance, and promotions. On average, a Business Correspondent can expect the following growth trajectory at Punjab National Bank:

Experience	Average Salary Range
2 years	₹0.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.9 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
5 years	₹0.8 Lakhs to ₹2.5 Lakhs per year

and so on.

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Punjab National Bank Business Correspondent Salaries

Punjab National Bank Business Correspondent salary in India ranges between ₹1.5 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Punjab National Bank latest salaries received from various employees of Punjab National Bank.

Punjab National Bank Business Correspondent salaries in India

Companies similar to Punjab National Bank for Business Correspondent

Latest annual salaries shared by Punjab National Bank Business Correspondent

Experience wise Punjab National Bank Business Correspondent salaries

Similar Designation salaries in Punjab National Bank

Salary related reviews for Punjab National Bank

Business Correspondent

Deputy Manager in Patna

Deputy Manager in New Delhi

Branch Manager in New Delhi

Senior Associate in Mandi

Punjab National Bank Business Correspondent Salary FAQs

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