RAKBANK Banking Officer Salaries by 4 Employees (Updated 2025)

0 - 11 years exp.

₹1.2 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Banking Officer Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Banking Officer Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹2 L/yr
Customer Success, Service & Operations Banking Officer Salary 8 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr
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CSR & Social Service Banking Officer Salary Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 15 Mar 2023

Companies similar to RAKBANK for Banking Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Officer Salary 0 - 8 years exp. (446 salaries)	₹1 L/yr - ₹6 L/yr 84% more
ICICI Bank Banking Officer Salary 0 - 6 years exp. (565 salaries)	₹1.4 L/yr - ₹6.7 L/yr 110% more
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Axis Bank Banking Officer Salary 0 - 6 years exp. (221 salaries)	₹1.5 L/yr - ₹5.6 L/yr 88% more
Kotak Mahindra Bank Banking Officer Salary 1 - 6 years exp. (193 salaries)	₹1.6 L/yr - ₹5 L/yr 95% more
State Bank of India Banking Officer Salary 1 - 15 years exp. (90 salaries)	₹5.2 L/yr - ₹12 L/yr 338% more
IndusInd Bank Banking Officer Salary 1 - 6 years exp. (130 salaries)	₹0.8 L/yr - ₹6.5 L/yr 103% more
Yes Bank Banking Officer Salary 0 - 6 years exp. (109 salaries)	₹1.2 L/yr - ₹5 L/yr 79% more
Federal Bank Banking Officer Salary 0 - 3 years exp. (5 salaries)	₹7.7 L/yr - ₹10.8 L/yr 411% more
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (583 salaries)	₹2 L/yr - ₹5.3 L/yr 107% more
Bandhan Bank Banking Officer Salary 1 - 8 years exp. (242 salaries)	₹1 L/yr - ₹5 L/yr 51% more
Ujjivan Small Finance Bank Banking Officer Salary 0 - 7 years exp. (86 salaries)	₹1.2 L/yr - ₹5 L/yr 97% more
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City Union Bank Banking Officer Salary 1 - 7 years exp. (76 salaries)	₹3 L/yr - ₹7.5 L/yr 197% more
Canara Bank Banking Officer Salary 2 - 12 years exp. (59 salaries)	₹4 L/yr - ₹17 L/yr 472% more
Jana Small Finance Bank Banking Officer Salary 1 - 5 years exp. (59 salaries)	₹1 L/yr - ₹3.6 L/yr 32% more
Utkarsh Small Finance Bank Banking Officer Salary 0 - 6 years exp. (47 salaries)	₹1.5 L/yr - ₹4.1 L/yr 70% more
Punjab and Maharashtra Co-operative Bank Banking Officer Salary 3 - 11 years exp. (42 salaries)	₹2.4 L/yr - ₹5.3 L/yr 137% more
RBL Bank Banking Officer Salary 1 - 6 years exp. (30 salaries)	₹1.8 L/yr - ₹4 L/yr 87% more
Karnataka Bank Banking Officer Salary 0 - 13 years exp. (27 salaries)	₹4 L/yr - ₹13 L/yr 491% more
IDBI Bank Banking Officer Salary 2 - 15 years exp. (24 salaries)	₹6.4 L/yr - ₹17.8 L/yr 542% more
The Saraswat Co-operative Bank Banking Officer Salary 0 - 17 years exp. (23 salaries)	₹2.9 L/yr - ₹5.2 L/yr 139% more

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Banking Officer salary at RAKBANK ranges between ₹1.2 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 4 latest salaries received from various employees of RAKBANK.

Experience wise RAKBANK Banking Officer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
8 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.9 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹2.7 L/yr
11 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹2 L/yr

View all

Similar Designation salaries in RAKBANK

Senior Analyst Salary

(4 salaries)

₹25 L/yr - ₹52 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹19 L/yr - ₹24.3 L/yr

Team Lead Salary

(6 salaries)

₹7.5 L/yr - ₹25 L/yr

Relationship Manager Salary

(10 salaries)

₹12.03 L/yr - ₹40 L/yr

Salary related reviews for RAKBANK

4.0

Rated by 1 employees for salary & benefits

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Salary - Bad

+6 more

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Skill development - Good

+5 more

Dislikes

Only Salary is a matter of concern rest everything is alright.

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Salary - Bad

+3 more

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Salary - Good

+5 more

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Skill development - Good

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

Job security - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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RAKBANK Banking Officer Salary FAQs

What is the salary of Banking Officer at RAKBANK?

Banking Officer salary at RAKBANK in India ranges between ₹1.2 Lakhs to ₹2.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 58% less than the average Banking Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of RAKBANK India.

How does the salary of a Banking Officer at RAKBANK India compare with the average salary range for this job?

The average salary of a Banking Officer at RAKBANK is 58% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than RAKBANK to a Banking Officer in India?

IDBI Bank Banking Officer Salary - ₹6.4 Lakhs to ₹17.8 Lakhs per year
Karnataka Bank Banking Officer Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Canara Bank Banking Officer Salary - ₹4.0 Lakhs to ₹17.0 Lakhs per year
Federal Bank Banking Officer Salary - ₹7.7 Lakhs to ₹10.8 Lakhs per year
Union Bank of India Banking Officer Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Banking Officer in companies similar to RAKBANK in India?

First Abu Dhabi Bank Banking Officer Salary - ₹6.9 Lakhs to ₹12.4 Lakhs per year
State Bank of India Banking Officer Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank Banking Officer Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
Central Bank of India Banking Officer Salary - ₹1.8 Lakhs to ₹6.6 Lakhs per year
HSBC Global Banking and Markets Banking Officer Salary - ₹5.5 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a Banking Officer at RAKBANK in India?

The estimated take-home salary of a Banking Officer at RAKBANK ranges between ₹11,398 per month to ₹12,654 per month in India. The take-home salary calculation is based on the average RAKBANK Banking Officer salary in India which ranges between ₹1.2 Lakhs to ₹2.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

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RAKBANK Banking Officer Salaries

RAKBANK Banking Officer salary in India ranges between ₹1.2 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 RAKBANK latest salaries received from various employees of RAKBANK.

RAKBANK Banking Officer salaries in India

Companies similar to RAKBANK for Banking Officer

Latest annual salaries shared by RAKBANK Banking Officer

Experience wise RAKBANK Banking Officer salaries

Similar Designation salaries in RAKBANK

Salary related reviews for RAKBANK

Analyst in Ras Al-Khaimah

Business Support Officer in Dubai

Manager Support And Service in Dubai

Manager ICT Infrastructure

Brach Operation Manager in Abu Dhabi

RAKBANK Banking Officer Salary FAQs

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