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The Saraswat Co-operative Bank Salaries in Indore (Updated 2025)

based on 14 latest salaries
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Finance & Accounting BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
8 - 10 years exp. · Indore (4 salaries)
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₹5.5 L/yr - ₹7.8 L/yr

6 - 8 years exp. · Indore (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.7 L/yr

4 - 5 years exp. · Indore (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

0 - 1 year exp. · Indore (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7 L/yr

Starting your career? Discover The Saraswat Co-operative Bank fresher salaries in India
4 - 5 years exp. · Indore (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr

2 years exp. · Indore (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

5 years exp. · Indore (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Last Updated: 29 Jan, 2025

Salary related reviews for The Saraswat Co-operative Bank

1.3

Rated by 4 employees for salary & benefits

Full Time

 · 

loan Department

1.0
  •  posted on 15 Aug 2020

1.0
 for  Salary and Benefits

Likes

They are not supporting at all. Also deducted my whole salary of 64 days during COVID 19 pandemic when i am working in that period from my home. First they tell me to go home and do work from home. After that they put leave without pay in attendance register. They are not supporting at all

read more

Dislikes

Everything

  • Salary - Bad
  • +4 more

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.

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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..."

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  • Salary - Bad
  • +3 more

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.

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  • 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.

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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.

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  • 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.

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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.

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  • Salary - Bad
  • +6 more
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The Saraswat Co-operative Bank Salary FAQs

How much does The Saraswat Co-operative Bank pay to its employees?
The average annual salary at The Saraswat Co-operative Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at The Saraswat Co-operative Bank, are as follows:

Deputy Manager ₹5.5 Lakhs to ₹7.8 Lakhs per year
Credit Manager ₹7.2 Lakhs to ₹8.7 Lakhs per year
Junior Executive ₹4.1 Lakhs to ₹5.2 Lakhs per year
Deputy Credit Manager ₹6.8 Lakhs to ₹7 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹22 Lakhs to ₹30 Lakhs per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. 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 salary estimates are based on data from 14 salaries submitted by The Saraswat Co-operative Bank employees. The Saraswat Co-operative Bank is rated 1.3 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at The Saraswat Co-operative Bank in Indore?
The salary of a fresher at The Saraswat Co-operative Bank in Indore typically ranges from ₹1.5 Lakh to ₹4.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Junior Officer Salary ₹2 Lakhs to ₹4.5 Lakhs per year
Fresher as a Management Trainee Salary ₹1.5 Lakhs to ₹2 Lakhs per year
Fresher as a Junior Officer Trainee Salary ₹2.4 Lakhs to ₹3.6 Lakhs per year
Fresher as a Credit Manager Salary ₹6.6 Lakhs to ₹9 Lakhs per year

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Average annual salary in The Saraswat Co-operative Bank , Indore is INRunlock blur . Salary estimates are based on 10+ The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.

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