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The Saraswat Co-operative Bank

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3.4

based on 379 Reviews

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

based on 41 latest salaries
Explore Salaries by Departments
Customer Success, Service & Operations BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs

Junior Officer

0 - 10 years exp. · Thane (23 salaries)
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₹3 L/yr - ₹4.8 L/yr

Branch Manager

10 - 15 years exp. · Thane (3 salaries)
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₹10 L/yr - ₹10.5 L/yr

BSO

3 - 4 years exp. · Thane (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Cashier

2 - 3 years exp. · Thane (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

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

Banking Officer

6 - 8 years exp. · Thane (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.1 L/yr

Loan Manager

9 years exp. · Thane (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

KYC Associate

1 year exp. · Thane (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Junior Executive

Fresher · Thane (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

IT Executive

2 years exp. · Thane (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Banking Assistant

12 years exp. · Thane (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

Loan Officer

3 years exp. · Thane (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

Senior Manager

15 - 17 years exp. · Thane (AmbitionBox Estimate)
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₹17 L/yr - ₹22 L/yr

Driver

8 years exp. · Thane (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Last Updated: 25 Jan, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
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peacemaker
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Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Salary related reviews for The Saraswat Co-operative Bank

2.8

Rated by 12 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

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.

read more
  • 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.

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

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 - QA in Bandra

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Nov 2022
2.0
 for  Salary and Benefits

Likes

...lot about the industry. You will get paid on time and taking leaves are liberal. Also Good for one who wants to retire and is satisfied with average salary and has a settled life.

read more
  • Job security - Good

Dislikes

...nities are given to current employees. Lateral Hiring is done for Opportunities. Salary and career growth becomes stagnant. There is no empathetic solutions to employee issues.

read more
  • Salary - Poor
    • +3 more
see more salary related reviews

The Saraswat Co-operative Bank interview questions by designations

Junior Officer (10)Senior Manager (1)Service Delivery Manager (1)Senior Manager Information Security (1)
View all 17 interview experiences

Know more about The Saraswat Co-operative Bank Thane

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 to its employees?
The average annual salary at The Saraswat Co-operative Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at The Saraswat Co-operative Bank, are as follows:

Junior Officer ₹3 Lakhs to ₹4.8 Lakhs per year
Branch Manager ₹10 Lakhs to ₹10.5 Lakhs per year
BSO ₹4.1 Lakhs to ₹5.2 Lakhs per year
Cashier ₹3.3 Lakhs to ₹4.3 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹22 Lakhs to ₹30 Lakhs per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. 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 salary estimates are based on data from 41 salaries submitted by The Saraswat Co-operative Bank employees. The Saraswat Co-operative Bank is rated 2.8 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at The Saraswat Co-operative Bank in Thane?
The salary of a fresher at The Saraswat Co-operative Bank in Thane typically ranges from ₹1.5 Lakh to ₹4.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Junior Officer Salary ₹2 Lakhs to ₹4.5 Lakhs per year
Fresher as a Management Trainee Salary ₹1.5 Lakhs to ₹2 Lakhs per year
Fresher as a Junior Officer Trainee Salary ₹2.4 Lakhs to ₹3.6 Lakhs per year
Fresher as a Credit Manager Salary ₹6.6 Lakhs to ₹9 Lakhs per year

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Average annual salary in The Saraswat Co-operative Bank , Thane is INRunlock blur . Salary estimates are based on 40+ The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.

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