Standard Chartered Procurement Specialist Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹6.7 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Procurement Specialist Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 9 Feb 2025

Companies similar to Standard Chartered for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Bank of America Procurement Specialist Salary 8 - 14 years exp. (6 salaries)	₹7.5 L/yr - ₹14.5 L/yr 43% more
Barclays Procurement Specialist Salary 5 - 13 years exp. (3 salaries)	₹6 L/yr - ₹10 L/yr 2% less
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Flex Procurement Specialist Salary 3 - 10 years exp. (514 salaries)	₹3.5 L/yr - ₹8.2 L/yr 8% less
IBM Procurement Specialist Salary 0 - 6 years exp. (413 salaries)	₹2 L/yr - ₹9.3 L/yr 34% less
DuPont Procurement Specialist Salary 0 - 5 years exp. (264 salaries)	₹2.5 L/yr - ₹6.9 L/yr 44% less

Procurement Specialist salary at Standard Chartered ranges between ₹6.7 Lakhs to ₹8.3 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Standard Chartered.

Experience wise Standard Chartered Procurement Specialist salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr

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Salary related reviews for Standard Chartered

Team Lead in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Lady employees are safe to work

Dislikes

No hike. No recognition.. lots of partiality about staffs... If u highlight anything respective employee will b targetted and will b punished either by not giving hike or by putting them under PIP... Have undergone much and not voicing out anything to keep myself safe...

Salary - Poor

+4 more

Team Lead in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

...ry day different shift. High pressure work environment due to high of attrition. Very poor salary and increment.

Dislikes

Worst place to work, poor salary with high politics. Entire hierarchy from top to bottom are double standard at standard chartered. Nothing to like as work balance is worst shifta are keep changing. Every day some or the other leave the organisation hence there is always openings. High attrition and high pressure at work with minimum salary. I give 1* for this worst place. Please think twice before join here.

Salary - Bad

+6 more

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

Job security Bangalore office is good

Job security - Good

Dislikes

1.There is no work life balance 2.Bull work 3.Under Market salary 4.There is no fun activity 5.there will be a stretch/extended support without any pay.. Eg: i will login by 12pm and will logout by 2am.. Started like this after covid and till 2023 feb it is happening 6.short of resource and managing with few staffs 7.Poor retention policy on experienced staff

Skill development - Poor

+2 more

Team Lead in Bangalore / Bengaluru

BFSI, Investments & Trading Department

1.0

• posted on 03 May 2022

1.0

for Salary and Benefits

Likes

Job security could be one

Dislikes

...lved at al from the 80s ..you are expected not to have a life outside of work. 2-though the pay is nominal..the kind of work is taxing.. most probably around 11 to 13 hours of work per day 3-the management is keen in listening.however you cannot bring changes to these kind worst work culture in the company because it's happening with the knowledge of top level management and they close their eyes ..why ?? They just want the work to get done. 4- The KT (Knowledge Transfer) is an absolute joke .. why? The training is on the job .. however nothing is documented! There is nothing to refer for the operational process that will help someone new to the process to understand how to apply the theory into practice. .whatever name sake training provided is not enough for you to perform.. however youll be judged from day one .you are required to beg for info or training and the other person or trainer with good knowledge however has no time to train because he is burdened with all the work and will start scolding and yelling at you for asking for doubts..your confidence level is gone there itself..and people think it's normal here ! That's the level of audacity they carry 3.even in this covid situation there is no insurance.. Now it's just my experience and my friends..this is not intended to defame the company or any individual.

Salary - Bad

+6 more

Team Lead in Nahi Bataunga

Full Time

Risk Management & Compliance Department

2.0

• posted on 10 Oct 2022

2.0

for Salary and Benefits

Likes

Dominated by a certain section of community which hampers growth and compensation benifits. Partiality and @*** licking is the desired skillset which is mandate to secure a postion and infact learn and grow within yhe organization. Total no no to be recommended to friends and families

Dislikes

Everything

Salary - Poor

+5 more

see more salary related reviews

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What people are saying about Standard Chartered

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Standard Chartered Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Standard Chartered ?

The average salary of a Procurement Specialist at Standard Chartered in India typically ranges from ₹6.7 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Procurement Specialist at Standard Chartered earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Procurement Specialist Salaries at Standard Chartered 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 Standard Chartered employees in India.

What is the estimated take home salary of a Procurement Specialist at Standard Chartered in India?

The estimated take-home salary of a Procurement Specialist at Standard Chartered in India typically ranges from ₹55,566 to ₹56,957 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 4 years to 6 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 Standard Chartered. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Standard Chartered for Procurement Specialist in India?

Bank of America

₹7.5 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Standard Chartered, depending on the role and experience level.

What is the salary of a Procurement Specialist in companies similar to Standard Chartered in India?

The salary of a Procurement Specialist at companies similar to Standard Chartered in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹6.0 Lakhs to ₹10.0 Lakhs per year
Flex	₹3.5 Lakhs to ₹8.2 Lakhs per year
IBM	₹2.0 Lakhs to ₹9.3 Lakhs per year
DuPont	₹2.5 Lakhs to ₹6.9 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 Procurement Specialist at Standard Chartered in India?

The salary growth for a Procurement Specialist at Standard Chartered depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at Standard Chartered:

Experience	Average Salary Range
4 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
5 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
6 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Standard Chartered Procurement Specialist Salaries

Standard Chartered Procurement Specialist salary in India ranges between ₹6.7 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Standard Chartered latest salaries received from various employees of Standard Chartered.