Union Bank of India Business Associate Salaries by 3 Employees

0 - 2 years exp.

₹2 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Business Associate Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 25 Jun 2024

Companies similar to Union Bank of India for Business Associate

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Business Associate Salary 1 - 10 years exp. (67 salaries)	₹4 L/yr - ₹10 L/yr 118% more
ICICI Bank Business Associate Salary 0 - 4 years exp. (48 salaries)	₹1.7 L/yr - ₹3.5 L/yr 31% less
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Barclays Business Associate Salary 4 - 14 years exp. (12 salaries)	₹11.8 L/yr - ₹24 L/yr 405% more
Kotak Mahindra Bank Business Associate Salary 2 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹3 L/yr 16% less
HDFC Bank Business Associate Salary 1 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹4 L/yr 15% less
IDFC FIRST Bank Business Associate Salary 1 - 3 years exp. (5 salaries)	₹1.3 L/yr - ₹3.5 L/yr 18% less
State Bank of India Business Associate Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 25% more
Bank of America Business Associate Salary 3 - 9 years exp. (4 salaries)	₹14 L/yr - ₹20 L/yr 414% more
NatWest Group Business Associate Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 8% less
Central Bank of India Business Associate Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 40% less
Bandhan Bank Business Associate Salary 3 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹3.8 L/yr 33% less
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Axis Bank Business Associate Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹10.5 L/yr 50% more

Business Associate salary at Union Bank of India ranges between ₹2 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Business Associate salaries

Last Updated: 25 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

Similar Designation salaries in Union Bank of India

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Salary related reviews for Union Bank of India

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

Skill development - Good

+3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

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.

Salary - Poor

+5 more

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.

Salary - Good

+1 more

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.

Skill development - Poor

+2 more

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.

Work satisfaction - Bad

+2 more

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.

Promotions - Poor

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Union Bank of India Business Associate Salary FAQs

How the salary growth look like for a Business Associate at Union Bank of India in India?

The salary growth for a Business Associate at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at Union Bank of India:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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Union Bank of India Business Associate Salaries

Union Bank of India Business Associate salary in India ranges between ₹2 Lakhs to ₹4.7 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.