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South Indian Bank Probationary Officer salaries in Pune

Annual salary range
1 - 3 years exp.
₹9.5 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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17% more than the average Probationary Officer Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Probationary Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11.1 L/yr

Customer Success, Service & Operations
Probationary Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to South Indian Bank for Probationary Officer in Pune

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South Indian Bank Probationary Officer Salary

1 - 3 years exp. (3 salaries)

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₹9.5 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Probationary Officer Salary

1 - 3 years exp. (5 salaries)

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₹0.6 L/yr - ₹5 L/yr

arrow icon 64% less
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Federal Bank Probationary Officer Salary

0 - 2 years exp. (13 salaries)

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₹8 L/yr - ₹13.5 L/yr

arrow icon 5% more
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Canara Bank Probationary Officer Salary

2 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹10 L/yr

arrow icon 20% less
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₹7.3 L/yr - ₹12 L/yr

arrow icon 3% more
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₹1.3 L/yr - ₹2 L/yr

arrow icon 85% less
Probationary Officer salary at South Indian Bank ranges between ₹9.5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of South Indian Bank.

Latest annual salaries shared by South Indian Bank Probationary Officer in Pune

1y ago
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1 year exp.
1y ago
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3 years exp.
1y ago
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2 years exp.

Experience wise South Indian Bank Probationary Officer salaries in Pune

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹10 L/yr - ₹20.1 L/yr
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹13 L/yr
3 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹20.3 L/yr
South Indian Bank Probationary Officer Salary and Career Growth

From

To

Probationary Officer

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0 - 3 years exp.

Chief Manager

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10 - 17 years exp.

Probationary Officer 0 - 3 years exp.
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Assistant Manager 2 - 11 years exp.
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arrow icon 18% hike
Manager 6 - 14 years exp.
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arrow icon 45% hike

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Similar Designation salaries in South Indian Bank

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₹13 L/yr - ₹18 L/yr

Salary related reviews for South Indian Bank

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jul 2024

3.0
 for  Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 08 Oct 2023

5.0
 for  Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

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Dislikes

Sometime too much of regulations and rules hurt the business

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 16 Jan 2023

5.0
 for  Salary and Benefits

Likes

Salary they provide intial phase of career is nice

Dislikes

Business they will ask it depends upon manager also how they give targets and all ..but it is very frustration to do operation part as well as business targets

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BFSI, Investments & Trading Department

4.0
  •  posted on 10 Mar 2022

5.0
 for  Salary and Benefits

Likes

In my case, very co-operative environment since the date of joining.

Dislikes

Compensation is decent. Organization doesn't focus much on development of an individual. Transfers are also unpredictable for probationers. Bond amount is a bit too high. Workplace lags behind the competitors on grounds of basic resources at branch-level.

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 10 May 2024

4.0
 for  Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

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Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

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South Indian Bank Probationary Officer Salary FAQs

What is the notice period for Probationary Officer at South Indian Bank in Pune?
According to AmbitionBox, 100% of the South Indian Bank Probationary Officers in Pune reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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South Indian Bank Probationary Officer salary in Pune ranges between ₹9.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 South Indian Bank latest salaries received from various employees of South Indian Bank.