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The Saraswat Co-operative Bank Banking Officer salaries in Mumbai

Annual salary range
0 - 12 years exp.
₹3 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Banking Officer Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Banking Officer Salary
8 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.8 L/yr

Finance & Accounting
Banking Officer Salary
10 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹6 L/yr

Last Updated: 31 Dec 2024

Companies similar to The Saraswat Co-operative Bank for Banking Officer in Mumbai

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The Saraswat Co-operative Bank Banking Officer Salary

0 - 12 years exp. (5 salaries)

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₹3 L/yr - ₹6 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Banking Officer Salary

0 - 7 years exp. (84 salaries)

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₹0.7 L/yr - ₹6 L/yr

arrow icon 17% less
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IDFC FIRST Bank Banking Officer Salary

0 - 7 years exp. (76 salaries)

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₹2.4 L/yr - ₹5.3 L/yr

arrow icon 17% less
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HDFC Bank Banking Officer Salary

0 - 8 years exp. (51 salaries)

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₹1 L/yr - ₹5.7 L/yr

arrow icon 30% less
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Axis Bank Banking Officer Salary

1 - 7 years exp. (38 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 28% less
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Kotak Mahindra Bank Banking Officer Salary

1 - 7 years exp. (35 salaries)

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₹1.8 L/yr - ₹4.7 L/yr

arrow icon 21% less
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Yes Bank Banking Officer Salary

1 - 7 years exp. (18 salaries)

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₹1.8 L/yr - ₹4.6 L/yr

arrow icon 21% less
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IndusInd Bank Banking Officer Salary

1 - 6 years exp. (14 salaries)

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₹2 L/yr - ₹5.1 L/yr

arrow icon 17% less
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RBL Bank Banking Officer Salary

1 - 6 years exp. (13 salaries)

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₹1.7 L/yr - ₹3.9 L/yr

arrow icon 30% less
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Canara Bank Banking Officer Salary

4 - 12 years exp. (4 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 134% more
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Nkgsb CO-OP Bank Banking Officer Salary

11 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 58% more
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Karnataka Bank Banking Officer Salary

4 - 11 years exp. (4 salaries)

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₹8 L/yr - ₹10 L/yr

arrow icon 128% more
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City Union Bank Banking Officer Salary

3 - 7 years exp. (3 salaries)

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₹4.2 L/yr - ₹4.7 L/yr

arrow icon 8% more
Banking Officer salary at The Saraswat Co-operative Bank ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 5 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Banking Officer in Mumbai

3mo ago
₹3 Lakhs
5 months exp.
1y ago
₹5 Lakhs
12 years exp.

Experience wise The Saraswat Co-operative Bank Banking Officer salaries in Mumbai

Last Updated: 31 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary
(213 salaries)
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₹3.8 L/yr - ₹10.45 L/yr
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₹1.5 L/yr - ₹2 L/yr

Salary related reviews for The Saraswat Co-operative Bank

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Apr 2018

1.0
 for  Salary and Benefits

Likes

...rk. Coworkers are amazingly talented with a common goal of getting the job done. Pay are good and management is cooperative.

read more

Dislikes

Dislikes: Sometimes, the workload is very high and tasks become repetitive with time. There is no work-life balance. You might feel lost in the crowd, and it is hard to feel the impact of your contribution to such a huge company..."

read more
  • Salary - Bad
  • +3 more

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is low as compared to public sector bank.

Full Time

 · 

Other Department

4.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Jun 2024

3.0
 for  Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

read more
  • Job security - Good
  • +1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jan 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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The Saraswat Co-operative Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at The Saraswat Co-operative Bank in Mumbai?
The average salary of a Banking Officer at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Banking Officer in Mumbai at The Saraswat Co-operative Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Banking Officer Salaries at The Saraswat 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 5 The Saraswat Co-operative Bank employees in India.
What is the estimated take home salary of a Banking Officer at The Saraswat Co-operative Bank in Mumbai?
The estimated take-home salary of a Banking Officer at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹31,158 to ₹32,455 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 5 salaries received from various employees of The Saraswat Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The Saraswat Co-operative Bank for Banking Officer in India?
Canara Bank ₹5.0 Lakhs to ₹12.0 Lakhs per year
Karnataka Bank ₹8.0 Lakhs to ₹10.0 Lakhs per year
Nkgsb CO-OP Bank ₹6.0 Lakhs to ₹8.0 Lakhs per year
City Union Bank ₹4.2 Lakhs to ₹4.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Saraswat Co-operative Bank, depending on the role and experience level.
What is the salary of a Banking Officer in companies similar to The Saraswat Co-operative Bank in Mumbai?
The salary of a Banking Officer at companies similar to The Saraswat Co-operative Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹2.4 Lakhs to ₹5.3 Lakhs per year
ICICI Bank ₹0.7 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank ₹2.0 Lakhs to ₹5.1 Lakhs per year
Yes Bank ₹1.8 Lakhs to ₹4.6 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹4.7 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 Banking Officer at The Saraswat Co-operative Bank in Mumbai?
The salary growth for a Banking Officer at The Saraswat Co-operative Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Mumbai can expect the following growth trajectory at The Saraswat Co-operative Bank:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹4.1 Lakhs per year
1 year ₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

The Saraswat Co-operative Bank Banking Officer salary in Mumbai ranges between ₹3 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.