The Saraswat Co-operative Bank Reconciliation Officer Salaries by Employees

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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
First Abu Dhabi Bank Reconciliation Officer Salary 3 - 10 years exp. (4 salaries)	₹1 L/yr - ₹14 L/yr 325% more
ANZ Banking Group Reconciliation Officer Salary 0 - 9 years exp. (26 salaries)	₹3.5 L/yr - ₹8 L/yr 148% more
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Citicorp Reconciliation Officer Salary 0 - 5 years exp. (11 salaries)	₹3.5 L/yr - ₹7 L/yr 141% more
State Street Syntel Reconciliation Officer Salary 0 - 1 year exp. (7 salaries)	₹1.8 L/yr - ₹2.7 L/yr 17% more
Fino Payments Bank Reconciliation Officer Salary 3 - 10 years exp. (7 salaries)	₹2.5 L/yr - ₹4 L/yr 42% 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

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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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The Saraswat Co-operative Bank Reconciliation Officer Salary FAQs

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

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

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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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.