The Saraswat Co-operative Bank Junior Clerk Salaries by 4 Employees

1 - 5 years exp.

₹1 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Junior Clerk Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Junior Clerk Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹2.4 L/yr
BFSI, Investments & Trading Junior Clerk Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Customer Success, Service & Operations Junior Clerk Salary 5 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 14 Mar 2023

Companies similar to The Saraswat Co-operative Bank for Junior Clerk

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Junior Clerk Salary 0 - 5 years exp. (6 salaries)	₹1.3 L/yr - ₹2.5 L/yr 3% more
Federal Bank Junior Clerk Salary 0 - 1 year exp. (4 salaries)	₹5 L/yr - ₹9.5 L/yr 294% more
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The Chembur Nagarik Sahakari Bank Junior Clerk Salary 1 - 10 years exp. (42 salaries)	₹1.4 L/yr - ₹4.2 L/yr 52% more
Citizen Co-operative Bank Junior Clerk Salary 1 - 7 years exp. (24 salaries)	₹1.9 L/yr - ₹5.2 L/yr 104% more
Vasai Vikas Sahakari Bank Junior Clerk Salary 0 - 11 years exp. (23 salaries)	₹1 L/yr - ₹5.1 L/yr 41% more

Junior Clerk salary at The Saraswat Co-operative Bank ranges between ₹1 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of The Saraswat Co-operative Bank.

Experience wise The Saraswat Co-operative Bank Junior Clerk salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in The Saraswat Co-operative Bank

Accountant Salary

(3 salaries)

₹1.8 L/yr - ₹8 L/yr

Deputy Manager Salary

(433 salaries)

₹3.4 L/yr - ₹10 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Account Assistant Salary

(3 salaries)

₹0.9 L/yr - ₹10 L/yr

Management Trainee Salary

(14 salaries)

₹1.5 L/yr - ₹2.2 L/yr

Salary related reviews for The Saraswat Co-operative Bank

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

Business Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 05 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing special...

Dislikes

...ty Politics Unorganized and Toxic Work Culture Favouritism No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing..

Salary - Bad

+6 more

see more salary related reviews

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The Saraswat Co-operative Bank Junior Clerk Salary FAQs

What is the salary of Junior Clerk at The Saraswat Co-operative Bank ?

The average salary of a Junior Clerk at The Saraswat Co-operative Bank in India typically ranges from ₹1.0 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Junior Clerk at The Saraswat Co-operative Bank earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Junior Clerk 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 4 The Saraswat Co-operative Bank employees in India.

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

The estimated take-home salary of a Junior Clerk at The Saraswat Co-operative Bank in India typically ranges from ₹12,602 to ₹13,962 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 5 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 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 Junior Clerk in India?

Federal Bank	₹5.0 Lakhs to ₹9.5 Lakhs per year
Citizen Co-operative Bank	₹1.9 Lakhs to ₹5.2 Lakhs per year
The Chembur Nagarik Sahakari Bank	₹1.4 Lakhs to ₹4.2 Lakhs per year
Vasai Vikas Sahakari Bank	₹1.0 Lakhs to ₹5.1 Lakhs per year
HDFC Bank	₹1.3 Lakhs to ₹2.5 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.

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

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹0.7 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.1 Lakhs per year
4 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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The Saraswat Co-operative Bank Junior Clerk Salaries

The Saraswat Co-operative Bank Junior Clerk salary in India ranges between ₹1 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.