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UCO Bank Forex Manager salaries in India

Annual salary range
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₹8.8 Lakhs - ₹10.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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18% more than the average Forex Manager Salary in Banking Companies for 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Forex Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.8 L/yr - ₹10.2 L/yr

Procurement & Supply Chain
Forex Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 10 Nov 2023

Companies similar to UCO Bank for Forex Manager

Company name Avg Annual Salary Open Jobs
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Bank of Baroda Forex Manager Salary

6 - 11 years exp. (15 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 64% more
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Indian Bank Forex Manager Salary

4 - 6 years exp. (3 salaries)

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₹9.5 L/yr - ₹12.1 L/yr

arrow icon 12% more
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Union Bank of India Forex Manager Salary

6 - 12 years exp. (9 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 41% more
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Indian Overseas Bank Forex Manager Salary

8 - 19 years exp. (3 salaries)

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₹5 L/yr - ₹12 L/yr

At par
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ICICI Bank Forex Manager Salary

1 - 7 years exp. (25 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 43% less
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HDFC Bank Forex Manager Salary

1 - 11 years exp. (15 salaries)

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₹3 L/yr - ₹9.4 L/yr

arrow icon 30% less
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Axis Bank Forex Manager Salary

5 - 14 years exp. (10 salaries)

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₹4 L/yr - ₹10.8 L/yr

arrow icon 21% less
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IndusInd Bank Forex Manager Salary

1 - 7 years exp. (7 salaries)

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₹4.4 L/yr - ₹8.5 L/yr

arrow icon 36% less
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Kotak Mahindra Bank Forex Manager Salary

1 - 13 years exp. (6 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 33% less
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Karur Vysya Bank Forex Manager Salary

4 - 7 years exp. (4 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 2% more
Forex Manager salary at UCO Bank ranges between ₹8.8 Lakhs to ₹10.2 Lakhs per year for employees with 8 years of experience. Salary estimates are based on 3 latest salaries received from various employees of UCO Bank.

Latest annual salaries shared by UCO Bank Forex Manager

1y ago
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8 years exp.
1y ago
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8 years exp.
1y ago
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8 years exp.

Experience wise UCO Bank Forex Manager salaries

Last Updated: 10 Nov 2023

Experience Avg Annual Salary
8 years  (3 salaries)

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₹8.8 L/yr - ₹10.2 L/yr

Similar Designation salaries in UCO Bank

Chief Manager Salary
(66 salaries)
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₹13.65 L/yr - ₹33 L/yr
Forex Officer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Branch Manager Salary
(13 salaries)
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₹6 L/yr - ₹18.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.6 L/yr
Manager M1 Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Officer Salary
(4 salaries)
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₹7 L/yr - ₹8.4 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
Trade Finance Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Salary related reviews for UCO Bank

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Jul 2022

1.0
 for  Salary and Benefits

Likes

It is a small bank and hence it's easy to get noticed. Good work is appreciated

Dislikes

Whether you work efficiently or don't, you get the same salary and same opportunities. Good performers don't get extra rewards, hence no motivation. Also it is very easy to bend rules.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 12 May 2018

3.0
 for  Salary and Benefits

Likes

Team mates are good. Job security is there. Scope of Career growth is sound.Salary is equal to other psbs. Politics is there but it is common to all industry. Learning scope is also good. Work environment is favourable. Innovation in some areas are excellent. Work life balance is very rare

read more

Dislikes

Nil

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 29 May 2021

2.0
 for  Salary and Benefits

Likes

The Job is secure, however the work culture is quite awful since the most of the work and target is dumped on the employee who shows initiative. The HR policies are improving but but are still not employee friendly. The employees didn't receive a single penny during the COVID pandemic even though we worked during the entire lock down period.

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Dislikes

...umped on the Branch Head or on anyone the organisation acknowledges as talented. Employees who aren't willing to work are posted accordingly in less sensitive areas but they draw the same salary. Staff shortage is again a big issue. We have no work life balance and even called to office on holidays to attend office.

read more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

work : There is a lot of things to learn in every department.

Dislikes

...rking days on holidays and closing and working late nights are not even counted. And there is no extra pay for that. Recovery = When it comes to loan recovery, they will be aggressive during closing only, and the current manager is held responsible, who just joined the branch a week ago, but the previous manager, who did his tenure for 2-3 years, is not responsible. Loan documentation = Some of the senior credit managers in zo, even more senior than that, don't even know what it takes to complete a loan document while sanctioning, but while visiting your branch, they will ask for loan figures and recovery figures, and all they do is badmouth. Transfers = There is a policy, but nobody follows the policy for transfers. Senior officials will give you transfers as per their thought process. Some people are not that skilled to sit in a department, but they get good postings, and some of the talented officers get rural postings for what good? Security = There is no security guard in most of the rural, semi-urban, and urban branches. There are security guards only in ZO and HO. We are working with money, why are we not giving protection. I am not disclosing the location due to security issues and privacy concerns, but this is happening with everyone. ``There is no prestige in working in a government bank as of now. I joined the bank with a lot of pride and respect, but all these years in the bank, and the public's disrespect towards a banker is very demean. We are doing our work as a respectable officer, but anyone can say anything to us, but we cannot say anything to customers.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

Uco Bank is a great place to work and the bank management is also good. Work-life balance is also good. Promotional policy is also great.

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Dislikes

...arious camps are organised in holidays. It destroys the morale of the employees. Salary and perks are not upto mark being a Govt Bank.

read more
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UCO Bank Forex Manager Salary FAQs

What is the notice period for Forex Manager at UCO Bank?
According to AmbitionBox, 100% of the UCO Bank Forex Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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UCO Bank Forex Manager salary in India ranges between ₹8.8 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 UCO Bank latest salaries received from various employees of UCO Bank.