The Co-operative Bank Mumbai Clerk Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹1 Lakh - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Clerk Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Clerk Salary 1 - 6 years exp. (6 salaries)	₹1.2 L/yr - ₹3.7 L/yr
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Customer Success, Service & Operations Clerk Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 17 Jan 2025

Companies similar to The Co-operative Bank for Clerk in Mumbai

The Co-operative Bank Clerk Salary

1 - 6 years exp. (9 salaries)

₹1 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank Muscat Clerk Salary 0 - 10 years exp. (9 salaries)	₹1 L/yr - ₹6 L/yr 112% more
HDFC Bank Clerk Salary 0 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹2.8 L/yr 30% more
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Abhyudaya Co-operative Bank Clerk Salary 1 - 13 years exp. (48 salaries)	₹2 L/yr - ₹6 L/yr 94% more
Nkgsb CO-OP Bank Clerk Salary 0 - 10 years exp. (20 salaries)	₹1.5 L/yr - ₹6 L/yr 81% more
SVC Co-Operative Bank Clerk Salary 1 - 8 years exp. (20 salaries)	₹1.1 L/yr - ₹4 L/yr 25% more

Clerk salary at The Co-operative Bank ranges between ₹1 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of The Co-operative Bank.

Experience wise The Co-operative Bank Clerk salaries in Mumbai

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
2 years (4 salaries)	₹1 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

View all

Similar Designation salaries in The Co-operative Bank

Junior Officer Salary

(3 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Officer Salary

(3 salaries)

₹3.5 L/yr - ₹6 L/yr

Salary related reviews for The Co-operative Bank

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

... is togetherness and unitynamomgst staff members. Good place to work for ladies. Salary is decent.

Salary - Good

+5 more

Dislikes

Internal politics and bias & preferences. Lagging in technology ugradation. Systems & procedures very orthodox with lot of paper work

Branch Manager in S.A.S. Nagar. Punjab

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Bank policies are good and they give good salary. But there is political pressure some time.

Salary - Excellent

+6 more

Dislikes

I never dislike cooperative Bank because my status in my location society is due to bank.

Senior Executive in Alibag

Finance & Accounting Department

4.0

• posted on 11 Oct 2019

4.0

for Salary and Benefits

Likes

Learning in bank transaction and account etc, salary satisfied, bank is like my own family.every day we have to different types of customer handle .in that case I am teach how to talk and behaviour of people in my life.

Salary - Good

+6 more

Dislikes

...ot confirmed.every day different we are facing problem in new financial changes.salary growth is slow.

Branch Operation Officer in Vijaypur

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

All my worki position and place is good and I am very thank to my stoff for giving good knowledge to us. I am having good working culture and management in my banking nature. And i am very lucky to work there.

Salary - Good

+6 more

Dislikes

Working good but knowledge is not developing here. And I am improving my skills and knowledge.

Clerk in Kopargaon

Intern

Marketing & Communication Department

4.0

• posted on 19 Oct 2024

4.0

for Salary and Benefits

Likes

cooperative banks have a positive, inclusive work culture. Others say that the bank has good people who are passionate about helping the bank.

Salary - Good

+6 more

Dislikes

Some say that salaries are low and don't match market standards

see more salary related reviews

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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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The Co-operative Bank Clerk Salary FAQs

What is the salary of Clerk at The Co-operative Bank in Mumbai?

The average salary of a Clerk at The Co-operative Bank in Mumbai typically ranges from ₹1.0 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Clerk in Mumbai at The Co-operative Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Clerk Salaries at The Co-operative 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 9 The Co-operative Bank employees in India.

What is the estimated take home salary of a Clerk at The Co-operative Bank in Mumbai?

The estimated take-home salary of a Clerk at The Co-operative Bank in Mumbai typically ranges from ₹14,846 to ₹16,400 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year 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 9 salaries received from various employees of The Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Co-operative Bank for Clerk in India?

Bank Muscat	₹1.0 Lakhs to ₹6.0 Lakhs per year
Abhyudaya Co-operative Bank	₹2.0 Lakhs to ₹6.0 Lakhs per year
Nkgsb CO-OP Bank	₹1.5 Lakhs to ₹6.0 Lakhs per year
HDFC Bank	₹0.7 Lakhs to ₹2.8 Lakhs per year
SVC Co-Operative Bank	₹1.1 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Co-operative Bank, depending on the role and experience level.

How the salary growth look like for a Clerk at The Co-operative Bank in Mumbai?

The salary growth for a Clerk at The Co-operative Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Clerk in Mumbai can expect the following growth trajectory at The Co-operative Bank:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.0 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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The Co-operative Bank Clerk Salaries in Mumbai

The Co-operative Bank Clerk salary in Mumbai ranges between ₹1 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 The Co-operative Bank latest salaries received from various employees of The Co-operative Bank.