Repco Bank Chennai Banking Officer Salaries by 2 Employees

1 - 10 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 22 Jul 2024

Companies similar to Repco Bank for Banking Officer in Chennai

Repco Bank Banking Officer Salary

1 - 10 years exp. (AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Officer Salary 0 - 8 years exp. (68 salaries)	₹1.4 L/yr - ₹5.3 L/yr 61% less
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (70 salaries)	₹2.3 L/yr - ₹5.3 L/yr 56% less
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ICICI Bank Banking Officer Salary 0 - 6 years exp. (63 salaries)	₹1.4 L/yr - ₹5 L/yr 58% less
City Union Bank Banking Officer Salary 1 - 7 years exp. (39 salaries)	₹3 L/yr - ₹6.5 L/yr 40% less
HDB Financial Services Banking Officer Salary 0 - 7 years exp. (37 salaries)	₹1.5 L/yr - ₹3 L/yr 70% less

Banking Officer salary at Repco Bank ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Repco Bank.

Salary related reviews for Repco Bank

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 01 Jun 2022

4.0

for Salary and Benefits

Likes

Job security is very good since everything is based on the employee's credibility.

Salary - Good

+2 more

Dislikes

Career growth is highly affected by poor implementation of company policies. They tend to change based on face value rather than performance and recognition. Work life balance is comparatively better but the learning and career path means nothing as there are no means to employ and practice what you learn

Promotions - Bad

+2 more

JUNIORE ASSITANT in Visakhapatnam

Customer Success, Service & Operations Department

4.0

• posted on 03 Sep 2018

5.0

for Salary and Benefits

Likes

The Repco Bank is an government organisation under Minstry of Home affairs. I love the fact that Iam a part of a team Repco. Management treat its Employees like a family member with giving benefits like allowances & other benfits. It is one of the best bank in customer services.

Salary - Excellent

+6 more

Dislikes

None

Repco Bank Clerk in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 09 Jan 2022

4.0

for Salary and Benefits

Likes

It was great to work as Clerk in Repco Bank. Being at clerical level we are stable at same branch for 3 to 5 years, once we try for promotion we will be moving on to other branches at same state or other if preferred.

Salary - Good

+6 more

Dislikes

Customers are little bit rude enough, especially siner-citizens for immediate work to be done, they don't accept system delay, etc

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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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Repco Bank Banking Officer Salary FAQs

How the salary growth look like for a Banking Officer at Repco Bank in Chennai?

The salary growth for a Banking Officer at Repco Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Chennai can expect the following growth trajectory at Repco Bank:

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Repco Bank Banking Officer Salaries in Chennai

Repco Bank Banking Officer salary in Chennai ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of Repco Bank.