Punjab National Bank Officer Scale 1 Salaries by 3 Employees

1 - 7 years exp.

₹5.5 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Officer Scale 1 Salary in Banking Companies for 1 - 7 years of experience

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Last Updated: 27 Nov 2023

Companies similar to Punjab National Bank for Officer Scale 1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Officer Scale 1 Salary 0 - 3 years exp. (34 salaries)	₹1.1 L/yr - ₹3.2 L/yr 70% less
Bank of Baroda Officer Scale 1 Salary 3 - 12 years exp. (17 salaries)	₹6.5 L/yr - ₹14 L/yr 35% more
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Canara Bank Officer Scale 1 Salary 2 - 10 years exp. (14 salaries)	₹6.7 L/yr - ₹15 L/yr 23% more
State Bank of India Officer Scale 1 Salary 0 - 10 years exp. (10 salaries)	₹7.3 L/yr - ₹11.5 L/yr 15% more
Allahabad Bank Officer Scale 1 Salary 3 - 7 years exp. (5 salaries)	₹5 L/yr - ₹6 L/yr 34% less
Union Bank of India Officer Scale 1 Salary 0 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8.6 L/yr 7% less
Indian Bank Officer Scale 1 Salary 0 - 9 years exp. (4 salaries)	₹1.7 L/yr - ₹9.1 L/yr 21% less
Bank of India Officer Scale 1 Salary 1 - 11 years exp. (3 salaries)	₹9 L/yr - ₹12.5 L/yr 14% more

Officer Scale 1 salary at Punjab National Bank ranges between ₹5.5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Officer Scale 1 salaries

Last Updated: 27 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.3 L/yr
2 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
4 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13 L/yr

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Similar Designation salaries in Punjab National Bank

Chief Manager Salary

(164 salaries)

₹13.78 L/yr - ₹50.52 L/yr

Assistant General Manager Salary

(73 salaries)

₹11.8 L/yr - ₹50.24 L/yr

Deputy Manager Salary

(38 salaries)

₹5.4 L/yr - ₹15.7 L/yr

Officer Salary

(31 salaries)

₹3.67 L/yr - ₹13 L/yr

Clerk Salary

(13 salaries)

₹3 L/yr - ₹7.5 L/yr

Deputy General Manager Salary

(13 salaries)

₹17 L/yr - ₹45 L/yr

Head Cashier Salary

(12 salaries)

₹4.55 L/yr - ₹10 L/yr

Probationary Officer Salary

(12 salaries)

₹6 L/yr - ₹7.5 L/yr

Customer Care Executive Salary

(7 salaries)

₹1 L/yr - ₹2.4 L/yr

Management Trainee Salary

(7 salaries)

₹6 L/yr - ₹12 L/yr

Salary related reviews for Punjab National Bank

3.2

Rated by 2 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

Assistant General Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

It is the second largest Public Sector Lender & the name PNB carries that weightage. Job is not that much stressful.Compensation & benefits are at par or better than any other Public Sector Bank on every parameter.

Salary - Good

+6 more

Dislikes

At senior position, transferability from one place to other. However this challege is there with every public sector bank

Clerk in Jhilimili

Customer Success, Service & Operations Department

2.0

• posted on 21 Apr 2021

4.0

for Salary and Benefits

Likes

No phone calls from higher authority...time pe kam karo time pe ghar jao aur sahi time pe salary lo which is also good as per work pressure

Salary - Good

+1 more

Dislikes

Maoist area mei fek k rakhega..koi puchnewala v nehi hai jinda hai ki nahi..koi dekhnewala nehi hai ki ab isko nikalna chahiye...as per management we r not human..we r just part of their outdated flop nepotismic system.management promote unhealthy work culture unhealthy and unequal posting and promotion process...they only promote reservation.

Skill development - Bad

+4 more

Recovery Agent in Lucknow

Finance & Accounting Department

5.0

• posted on 29 Sep 2019

5.0

for Salary and Benefits

Likes

Competetive salary and excellent benifits wide range of jobs and experiences in a thriving industry Numerous opportunities for an advancement for ambitious professional Continuing education and community service in highly encouraged Excellent working condition and hours

Salary - Excellent

+6 more

Dislikes

Noting

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Punjab National Bank Officer Scale 1 Salary FAQs

How the salary growth look like for a Officer Scale 1 at Punjab National Bank in India?

The salary growth for a Officer Scale 1 at Punjab National Bank depends on factors such as experience, performance, and promotions. On average, a Officer Scale 1 can expect the following growth trajectory at Punjab National Bank:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹8.3 Lakhs per year
2 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
3 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
4 years	₹7.4 Lakhs to ₹9.4 Lakhs per year

and so on.

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Punjab National Bank Officer Scale 1 Salaries

Punjab National Bank Officer Scale 1 salary in India ranges between ₹5.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Punjab National Bank latest salaries received from various employees of Punjab National Bank.