Punjab National Bank Officer Grade 1 Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹8.8 Lakhs - ₹11.4 Lakhs

Low Confidence

Salary of majority employees

70% more than the average Officer Grade 1 Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 14 Oct 2024

Companies similar to Punjab National Bank for Officer Grade 1

Company name	Avg Annual Salary	Open Jobs
State Bank of India Officer Grade 1 Salary 5 - 11 years exp. (5 salaries)	₹8 L/yr - ₹10.5 L/yr 3% less
HDFC Bank Officer Grade 1 Salary 1 - 6 years exp. (6 salaries)	₹2 L/yr - ₹2.7 L/yr 76% less
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Axis Bank Officer Grade 1 Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹2.8 L/yr 75% less
Bank of Baroda Officer Grade 1 Salary 4 - 10 years exp. (8 salaries)	₹8.5 L/yr - ₹14 L/yr 12% more
Canara Bank Officer Grade 1 Salary 2 - 12 years exp. (23 salaries)	₹8.5 L/yr - ₹15 L/yr 11% more
Bank of India Officer Grade 1 Salary 6 - 8 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 7% more
IndusInd Bank Officer Grade 1 Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 74% less
RBL Bank Officer Grade 1 Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.1 L/yr 75% less
Jana Small Finance Bank Officer Grade 1 Salary 0 - 2 years exp. (4 salaries)	₹1.7 L/yr - ₹2.7 L/yr 80% less
Indian Bank Officer Grade 1 Salary 3 - 30 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 2% less
Bandhan Bank Officer Grade 1 Salary 3 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹1.9 L/yr 82% less
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AU Small Finance Bank Officer Grade 1 Salary 0 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 80% less

Officer Grade 1 salary at Punjab National Bank ranges between ₹8.8 Lakhs to ₹11.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Officer Grade 1 salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹17.5 L/yr
4 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹17.7 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.4 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.4 L/yr

Similar Designation salaries in Punjab National Bank

Officer Salary

(31 salaries)

₹3.67 L/yr - ₹13 L/yr

Deputy Manager Salary

(51 salaries)

₹5 L/yr - ₹15.7 L/yr

Software Engineer Salary

(3 salaries)

₹1.4 L/yr - ₹8 L/yr

Automation Test Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Punjab National Bank

4.0

Rated by 1 employees for salary & benefits

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

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

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Aug 2023

3.0

for Salary and Benefits

Likes

Govt. job even if you don't work you will get the same same salary as others.

Job security - Excellent

Dislikes

Lot of manipulation in promotions , if you have connections then only expect promotion. If you have taken a work no one will get involved in it and even if anything happens the same people will come to blame you.

Skill development - Bad

+4 more

Assistant Manager - Administration in New Delhi

Full Time

General Administration Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Good work invironment and culture and good company policies , hikes of salary and bonus yearly/partially on norms.

Salary - Good

+6 more

Dislikes

Priority for Personal relationship and their closed Referance to Hiring and renewing contract based

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Punjab National Bank Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at Punjab National Bank?

Officer Grade 1 salary at Punjab National Bank in India ranges between ₹8.8 Lakhs to ₹11.4 Lakhs for experience between 3 years to 6 years. According to our estimates it is 70% more than the average Officer Grade 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank India.

How does the salary of a Officer Grade 1 at Punjab National Bank India compare with the average salary range for this job?

The average salary of a Officer Grade 1 at Punjab National Bank is 70% more than the average salary of a Officer Grade 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab National Bank to a Officer Grade 1 in India?

Bank of Baroda Officer Grade 1 Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
Canara Bank Officer Grade 1 Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year
Bank of India Officer Grade 1 Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Officer Grade 1 in companies similar to Punjab National Bank in India?

Indian Bank Officer Grade 1 Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
State Bank of India Officer Grade 1 Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year
IndusInd Bank Officer Grade 1 Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
Axis Bank Officer Grade 1 Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
RBL Bank Officer Grade 1 Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year

What is the estimated take home salary of a Officer Grade 1 at Punjab National Bank in India?

The estimated take-home salary of a Officer Grade 1 at Punjab National Bank ranges between ₹71,632 per month to ₹73,478 per month in India. The take-home salary calculation is based on the average Punjab National Bank Officer Grade 1 salary in India which ranges between ₹8.8 Lakhs to ₹11.4 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Officer Grade 1 at Punjab National Bank?

According to AmbitionBox, 67% of the Punjab National Bank Officer Grade 1s reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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Punjab National Bank Officer Grade 1 Salaries

Punjab National Bank Officer Grade 1 salary in India ranges between ₹8.8 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Punjab National Bank latest salaries received from various employees of Punjab National Bank.