The Saraswat Co-operative Bank Reconciliation Officer Salaries by Employees (Updated 2025)

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₹1.8 Lakh - ₹2.3 Lakhs

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Last Updated: 25 Jul 2023

Companies similar to The Saraswat Co-operative Bank for Reconciliation Officer

Company name	Avg Annual Salary	Open Jobs
ANZ Banking Group Reconciliation Officer Salary 0 - 6 years exp. (27 salaries)	₹3.5 L/yr - ₹5.8 L/yr 121% more
Citicorp Reconciliation Officer Salary 0 - 5 years exp. (11 salaries)	₹3.5 L/yr - ₹7 L/yr 141% more
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State Street Syntel Reconciliation Officer Salary 0 - 1 year exp. (7 salaries)	₹1.8 L/yr - ₹2.7 L/yr 17% more
Standard Chartered Reconciliation Officer Salary 1 - 2 years exp. (6 salaries)	₹2.5 L/yr - ₹4.3 L/yr 85% more
Fino Payments Bank Reconciliation Officer Salary 3 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 40% more

Reconciliation Officer salary at The Saraswat Co-operative Bank ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of The Saraswat Co-operative Bank.

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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

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

Skill development - Poor

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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The Saraswat Co-operative Bank Reconciliation Officer Salary FAQs

What is the notice period for Reconciliation Officer at The Saraswat Co-operative Bank?

According to AmbitionBox, 100% of the The Saraswat Co-operative Bank Reconciliation Officers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Reconciliation Officer Salaries

The Saraswat Co-operative Bank Reconciliation Officer salary in India ranges between ₹1.8 Lakh to ₹2.3 Lakhs. This is an estimate based on latest salaries received from employees of The Saraswat Co-operative Bank.