The Saraswat Co-operative Bank Reconciliation Officer Salaries by Employees (Updated 2024)

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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
State Street Syntel Reconciliation Officer Salary 0 - 2 years exp. (7 salaries)	₹1.8 L/yr - ₹2.7 L/yr 17% more
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Citicorp Reconciliation Officer Salary 1 - 4 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 159% 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 Mumbai

Full Time

Human Resources Department

4.0

• posted on 04 Jun 2022

3.0

for Salary and Benefits

Likes

...pportunity to work in many areas because the more u work the more they give ....bad pay master....

Dislikes

Too much office politics....Bank of Saraswat Brahmins and for them...people from other regions are mistreated... hardworking people are overburdened....

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.

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.

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.

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.

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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.