The Saraswat Co-operative Bank Pune Banking Officer Salaries by 9 Employees (Updated 2025)

1 - 15 years exp.

₹3.7 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% more than the average Banking Officer Salary in Banking Companies for 1 - 15 years of experience

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Salaries in different departments

Finance & Accounting Banking Officer Salary 3 - 14 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
BFSI, Investments & Trading Banking Officer Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
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Customer Success, Service & Operations Banking Officer Salary 2 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr

Last Updated: 8 Mar 2025

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

The Saraswat Co-operative Bank Banking Officer Salary

1 - 15 years exp. (9 salaries)

₹3.7 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (41 salaries)	₹2.5 L/yr - ₹4.9 L/yr 16% less
ICICI Bank Banking Officer Salary 0 - 6 years exp. (30 salaries)	₹2 L/yr - ₹5.5 L/yr 18% less
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HDFC Bank Banking Officer Salary 1 - 6 years exp. (20 salaries)	₹1.4 L/yr - ₹5 L/yr 26% less
Ujjivan Small Finance Bank Banking Officer Salary 0 - 7 years exp. (14 salaries)	₹2 L/yr - ₹4.1 L/yr 26% less
Axis Bank Banking Officer Salary 0 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹5.2 L/yr 23% less
Kotak Mahindra Bank Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹1.9 L/yr - ₹5 L/yr 21% less
IDBI Bank Banking Officer Salary 5 - 12 years exp. (4 salaries)	₹6.4 L/yr - ₹12 L/yr 154% more
Jana Small Finance Bank Banking Officer Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 41% less
Union Bank of India Banking Officer Salary 3 - 8 years exp. (4 salaries)	₹3 L/yr - ₹6.2 L/yr 5% less
RBL Bank Banking Officer Salary 1 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 18% less
City Union Bank Banking Officer Salary 4 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹5 L/yr 16% more
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Banking Officer salary at The Saraswat Co-operative Bank ranges between ₹3.7 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 9 latest salaries received from various employees of The Saraswat Co-operative Bank.

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

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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3 years (3 salaries)	₹1.5 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
15+ years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary

(78 salaries)

₹3.8 L/yr - ₹11 L/yr

Salary related reviews for The Saraswat Co-operative Bank

3.0

Rated by 1 employees for salary & benefits

Banking Officer in Indore

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.

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..."

Salary - Bad

+3 more

Deputy Manager in Jalgaon

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.

Skill development - Good

+5 more

Dislikes

Salary hike is low as compared to public sector bank.

Manager in Mumbai

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.

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.

Junior Officer in Nagpur

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.

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.

Business Development Officer in Mumbai

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.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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 Pune?

The average salary of a Banking Officer at The Saraswat Co-operative Bank in Pune typically ranges from ₹3.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Banking Officer in Pune at The Saraswat Co-operative Bank earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 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 9 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 Pune?

The estimated take-home salary of a Banking Officer at The Saraswat Co-operative Bank in Pune typically ranges from ₹31,455 to ₹32,747 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 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?

IDBI Bank	₹6.4 Lakhs to ₹12.0 Lakhs per year
City Union Bank	₹4.8 Lakhs to ₹5.0 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 Pune?

The salary of a Banking Officer at companies similar to The Saraswat Co-operative Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India	₹3.0 Lakhs to ₹6.2 Lakhs per year
IDFC FIRST Bank	₹2.5 Lakhs to ₹4.9 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹5.5 Lakhs per year
RBL Bank	₹3.3 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank	₹1.9 Lakhs to ₹5.0 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 Pune?

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

Experience	Average Salary Range
1 year	₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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The Saraswat Co-operative Bank Banking Officer Salaries in Pune

The Saraswat Co-operative Bank Banking Officer salary in Pune ranges between ₹3.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.