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RBL Bank Disbursement Officer salaries in Mumbai

Annual salary range
3 - 5 years exp.
₹2 Lakhs - ₹4 Lakhs
Salary of majority employees
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26% more than the average Disbursement Officer Salary in Banking Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Disbursement Officer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

Finance & Accounting
Disbursement Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.4 L/yr

Last Updated: 13 Mar 2023

Companies similar to RBL Bank for Disbursement Officer in Mumbai

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RBL Bank Disbursement Officer Salary

3 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Disbursement Officer Salary

1 - 5 years exp. (4 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 24% less
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Aavas Financiers Disbursement Officer Salary

0 - 4 years exp. (10 salaries)

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₹1.6 L/yr - ₹2.6 L/yr

arrow icon 30% less
4 job openings
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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 3% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 17% less
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HDFC Sales Disbursement Officer Salary

2 - 5 years exp. (7 salaries)

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₹2.3 L/yr - ₹3.4 L/yr

arrow icon 5% less
Disbursement Officer salary at RBL Bank ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of RBL Bank.

Experience wise RBL Bank Disbursement Officer salaries in Mumbai

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in RBL Bank

Deputy Manager Salary
(471 salaries)
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₹3 L/yr - ₹8 L/yr
Branch Manager Salary
(48 salaries)
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₹11.2 L/yr - ₹28.5 L/yr
Sales Executive Salary
(18 salaries)
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₹1.5 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹3 L/yr
Sales Officer Salary
(16 salaries)
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₹1.4 L/yr - ₹3.59 L/yr
Sales Manager Salary
(9 salaries)
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₹3.5 L/yr - ₹8 L/yr
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₹2 L/yr - ₹5.08 L/yr
Accountant Salary
(3 salaries)
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for RBL Bank

Full Time

 · 

Other Department

2.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

SALARY and Perks

  • Salary - Good

Dislikes

work culture horrible , saturday sunday working, no support from HR , no product training, continuous con call ,no product as per current market , in rural areas bank work with liability products, no lending now a days people go digital but bank ,still forcing to sell debit cards

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 13 Aug 2023

3.0
 for  Salary and Benefits

Likes

Salary is good

Dislikes

Bad behaviour of Branch Managers to RMPA bank as 0 value in market no business from market you have to source your own friend and family members bank execrations high from ground level RMPA no internal support don’t join this bank only if you want 3 4 month survive then join this bank. No one survive more than 1 year all employees leave within 6 month

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 05 Mar 2023

2.0
 for  Salary and Benefits

Likes

Not like

Dislikes

... also. Because I am working with covid time with high risk but I am complet 2.6 years but organization is not support salary and promotion also but this organization is not good for me.

read more
  • Salary - Poor
  • +6 more

CSR & Social Service Department

2.0
  •  posted on 26 Dec 2021

1.0
 for  Salary and Benefits

Likes

Exposure and responsibilities beyond experience which gives a person to learn.

Dislikes

1. No Industry parity in pay 2. Toxic work culture 3. No work-life balance 4. Unbearable infrastructure 5. Namesake designations without much impact on earnings.

read more
  • Salary - Bad
  • +5 more

Marketing & Communication Department

1.0
  •  posted on 22 Aug 2022

1.0
 for  Salary and Benefits

Likes

There’s nothing to like about with this bank. honestly, the good part I’d say is Atleast salary was given

read more

Dislikes

Where do I start from, No job stability, Zero work life balance, No salaries paid on time, Manipulative bosses, Dirty corporate politics

read more
  • Salary - Bad
  • +6 more
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RBL Bank Disbursement Officer Salary FAQs

What is the salary of Disbursement Officer at RBL Bank in Mumbai?
The average salary of a Disbursement Officer at RBL Bank in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Disbursement Officer in Mumbai at RBL Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Disbursement Officer Salaries at RBL 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 4 RBL Bank employees in India.
What is the estimated take home salary of a Disbursement Officer at RBL Bank in Mumbai?
The estimated take-home salary of a Disbursement Officer at RBL Bank in Mumbai typically ranges from ₹24,195 to ₹25,645 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of RBL Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than RBL Bank for Disbursement Officer in India?
Digikredit Finance ₹2.8 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by RBL Bank, depending on the role and experience level.
What is the salary of a Disbursement Officer in companies similar to RBL Bank in Mumbai?
The salary of a Disbursement Officer at companies similar to RBL Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales ₹2.3 Lakhs to ₹3.4 Lakhs per year
Shubham Housing Development Finance ₹2.3 Lakhs to ₹3.3 Lakhs per year
IDFC FIRST Bank ₹2.1 Lakhs to ₹3.0 Lakhs per year
Aavas Financiers ₹1.6 Lakhs to ₹2.6 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 Disbursement Officer at RBL Bank in Mumbai?
The salary growth for a Disbursement Officer at RBL Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Disbursement Officer in Mumbai can expect the following growth trajectory at RBL Bank:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
5 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

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RBL Bank Disbursement Officer salary in Mumbai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 RBL Bank latest salaries received from various employees of RBL Bank.