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The Saraswat Co-operative Bank

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3.4

based on 365 Reviews

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

based on 1.2k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations IT & Information Security + 6 more
Designation Avg Annual Salary Open Jobs

Junior Officer

0 - 11 years exp. · Mumbai (402 salaries)
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₹2 L/yr - ₹6 L/yr

Deputy Manager

3 - 14 years exp. · Mumbai (209 salaries)
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₹3.8 L/yr - ₹11 L/yr

Branch Manager

7 - 14 years exp. · Mumbai (24 salaries)
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₹4.1 L/yr - ₹15 L/yr

Officer

2 - 12 years exp. · Mumbai (24 salaries)
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₹3 L/yr - ₹6 L/yr

Starting your career? Discover The Saraswat Co-operative Bank fresher salaries in India

DPT.Manager

3 - 14 years exp. · Mumbai (15 salaries)
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₹3 L/yr - ₹11 L/yr

Assistant General Manager

16 - 22 years exp. · Mumbai (14 salaries)
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₹22 L/yr - ₹28.5 L/yr

Chief Manager

12 - 21 years exp. · Mumbai (11 salaries)
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₹21 L/yr - ₹28 L/yr

Deputy Manager HR

0 - 15 years exp. · Mumbai (10 salaries)
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₹7.5 L/yr - ₹10.5 L/yr

Management Trainee

0 - 2 years exp. · Mumbai (9 salaries)
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₹1.5 L/yr - ₹2 L/yr

Business Development Officer

2 - 6 years exp. · Mumbai (8 salaries)
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₹3 L/yr - ₹4 L/yr

Credit Manager

1 - 12 years exp. · Mumbai (7 salaries)
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₹7 L/yr - ₹11.5 L/yr

Legal Manager

13 - 16 years exp. · Mumbai (6 salaries)
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₹9 L/yr - ₹11.5 L/yr

Senior Manager Legal

7 - 16 years exp. · Mumbai (6 salaries)
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₹11 L/yr - ₹15 L/yr

Deputy Manager Operations

7 - 13 years exp. · Mumbai (6 salaries)
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₹5.5 L/yr - ₹7.5 L/yr

Information Security Manager

3 - 15 years exp. · Mumbai (6 salaries)
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₹11 L/yr - ₹16.5 L/yr

Product Manager

4 - 13 years exp. · Mumbai (5 salaries)
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₹7.8 L/yr - ₹12.6 L/yr

Banking Officer

0 - 12 years exp. · Mumbai (5 salaries)
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₹3 L/yr - ₹6 L/yr

Business Development Executive

3 - 6 years exp. · Mumbai (4 salaries)
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₹3.6 L/yr - ₹4.9 L/yr

Deputy Manager Audit

6 - 8 years exp. · Mumbai (4 salaries)
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₹9 L/yr - ₹12 L/yr

AGM

16 - 22 years exp. · Mumbai (4 salaries)
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₹22 L/yr - ₹26 L/yr

Last Updated: 5 Mar, 2025

Top trending discussions

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1w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for The Saraswat Co-operative Bank

2.7

Rated by 155 employees for salary & benefits

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.

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

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.

read more
  • Salary - Bad
    • +6 more

Junior Officer in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 23 Aug 2023
3.0
 for  Salary and Benefits

Likes

Job Location

Dislikes

...zed and Toxic Work Culture Favouritism Long working hours- 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

read more
  • Skill development - Poor
    • +4 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..

read more
  • Salary - Bad
    • +6 more

Junior Officer in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 13 Mar 2023
3.0
 for  Salary and Benefits

Likes

good salary in co operative sector near by location

Dislikes

not fix time of work push for the work which is impossible in given time limit some times have to work on Sundays official hours are 8 but all days work goes beyond 10 hours

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  • Promotions - Poor
    • +2 more
see more salary related reviews

The Saraswat Co-operative Bank interview questions by designations

Junior Officer (9)Senior Manager (1)Service Delivery Manager (1)Senior Manager Information Security (1)
View all 16 interview experiences

Know more about The Saraswat Co-operative Bank Mumbai

More about working at The Saraswat Co-operative Bank

The Saraswat Co-operative Bank Salary FAQs

How much does The Saraswat Co-operative Bank pay per year?
The average The Saraswat Co-operative Bank salary ranges from approximately ₹1.5 Lakh to ₹2 Lakhs per year for a Technical Support Officer and ₹22 Lakhs to ₹30 Lakhs per year for a Assistant General Manager. Salary estimates are based on 1.2k The Saraswat Co-operative Bank salaries received from various employees of The Saraswat Co-operative Bank. The Saraswat Co-operative Bank employees rate the overall salary and benefits package 2.7/5 stars.
What is the highest salary in The Saraswat Co-operative Bank?
The highest-paying job at The Saraswat Co-operative Bank is a Assistant General Manager with a salary of ₹22 Lakhs to ₹30 Lakhs per year. The top 10% of employees earn more than ₹14.72 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in The Saraswat Co-operative Bank?
Minimum salary at The Saraswat Co-operative Bank depends on the role you are applying for. For Business Development Officer the minimum salary is ₹3 Lakhs to ₹4 Lakhs per year, and for Junior Officer the minimum salary is ₹2 Lakhs to ₹6 Lakhs per year and so on.
What is the salary package for freshers in The Saraswat Co-operative Bank?
The average salary at The Saraswat Co-operative Bank for freshers varies from ₹1.5 Lakh to ₹2 Lakhs per year for Management Trainee and ₹2 Lakhs to ₹4.5 Lakhs per year for Junior Officer.
What is the notice period at The Saraswat Co-operative Bank in Mumbai?
According to AmbitionBox, 40% of the The Saraswat Co-operative Bank employees in Mumbai reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 919 responses on AmbitionBox in last 2 years.

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