Sharad Bank Insurance Officer Salaries by 2 Employees

2 - 8 years exp.

₹2.9 Lakhs - ₹3.8 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 15 Jun 2024

Companies similar to Sharad Bank for Insurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Insurance Officer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 37% less
Mphasis Insurance Officer Salary 1 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.2 L/yr 13% less
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TCS Insurance Officer Salary 0 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹5.3 L/yr 14% more
Star Union Dai-ichi Life Insurance Insurance Officer Salary 0 - 7 years exp. (41 salaries)	₹1.8 L/yr - ₹3.3 L/yr 26% less
PNB MetLife Insurance Officer Salary 0 - 5 years exp. (34 salaries)	₹1.5 L/yr - ₹4 L/yr 23% less

Insurance Officer salary at Sharad Bank ranges between ₹2.9 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Sharad Bank.

Similar Designation salaries in Sharad Bank

Senior Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Back Office Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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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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Sharad Bank Insurance Officer Salary FAQs

How the salary growth look like for a Insurance Officer at Sharad Bank in India?

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

Experience	Average Salary Range
2 years	₹0.1 Lakhs to ₹0.2 Lakhs per year
8 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Sharad Bank Insurance Officer Salaries

Sharad Bank Insurance Officer salary in India ranges between ₹2.9 Lakhs to ₹3.8 Lakhs. This is an estimate based on latest salaries received from employees of Sharad Bank.