Union Bank of India Business Associate Salaries by 3 Employees (Updated 2024)

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
State Bank of India Business Associate Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 25% more
ICICI Bank Business Associate Salary 0 - 5 years exp. (53 salaries)	₹1.7 L/yr - ₹3.5 L/yr 30% less
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Bank of Baroda Business Associate Salary 1 - 10 years exp. (67 salaries)	₹4 L/yr - ₹10 L/yr 110% more
Kotak Mahindra Bank Business Associate Salary 2 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3 L/yr 13% less
Yes Bank Business Associate Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 48% more
Barclays Business Associate Salary 0 - 13 years exp. (12 salaries)	₹11.8 L/yr - ₹23.1 L/yr 422% more
IDFC FIRST Bank Business Associate Salary 1 - 3 years exp. (5 salaries)	₹1.3 L/yr - ₹3.5 L/yr 25% less
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 - ₹3.5 L/yr 36% less
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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

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Salary related reviews for Union Bank of India

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.

Branch Head in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 May 2023

5.0

for Salary and Benefits

Likes

Since it is a government bank, job security and salary is very handful.

Dislikes

Work life balance is very as they will not give you home posting it nearby posting and when you will away higher authority will force you unilaterally without listening anything

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Union Bank of India Business Associate Salary FAQs

What is the notice period for Business Associate at Union Bank of India?

According to AmbitionBox, 100% of the Union Bank of India Business Associates reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.