Union Bank of India Banking Correspondent Salaries by 3 Employees (Updated 2024)

0 - 5 years exp.

₹2.4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

69% more than the average Banking Correspondent Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 20 Jun 2024

Companies similar to Union Bank of India for Banking Correspondent

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Banking Correspondent Salary 6 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹3.5 L/yr 36% less
Fino Payments Bank Banking Correspondent Salary 1 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 29% less
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Spice Money Banking Correspondent Salary 0 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 42% less

Banking Correspondent salary at Union Bank of India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Banking Correspondent salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for Union Bank of India

Branch Manager in Rajahmundry

BFSI, Investments & Trading Department

3.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 14 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Jun 2024

4.0

for Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

Assistant Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Jul 2023

3.0

for Salary and Benefits

Likes

Salary and allowances will be on time. Easy to get loans on self name.

Dislikes

These days banking jobs became much stressful and hectic with no personal life. Young generation please don't come banking side anymore.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Union Bank of India Banking Correspondent Salary FAQs

What is the notice period for Banking Correspondent at Union Bank of India?

According to AmbitionBox, 67% of the Union Bank of India Banking Correspondents reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Union Bank of India Banking Correspondent Salaries

Union Bank of India Banking Correspondent salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Union Bank of India latest salaries received from various employees of Union Bank of India.