Union Bank of India Forex Officer Salaries by 2 Employees (Updated 2025)

2 - 3 years exp.

₹10.2 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 8 Mar 2025

Companies similar to Union Bank of India for Forex Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Forex Officer Salary 3 - 8 years exp. (7 salaries)	₹12 L/yr - ₹17 L/yr 20% more
HDFC Bank Forex Officer Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹3.2 L/yr 79% less
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Bank of Baroda Forex Officer Salary 4 - 11 years exp. (5 salaries)	₹11 L/yr - ₹18 L/yr 13% more
IndusInd Bank Forex Officer Salary 1 - 10 years exp. (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr 61% less
ICICI Bank Forex Officer Salary 0 - 3 years exp. (3 salaries)	₹4.6 L/yr - ₹6 L/yr 53% less
Axis Bank Forex Officer Salary 0 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹6.3 L/yr 57% less

Forex Officer salary at Union Bank of India ranges between ₹10.2 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Union Bank of India.

From

Forex Officer

₹

Lakhs/yr

2 - 3 years exp.

Assistant General Manager

₹

Lakhs/yr

16 - 31 years exp.

Forex Officer

2 - 3 years exp.

Senior Manager

8 - 15 years exp.

76% hike

Chief Manager

10 - 17 years exp.

39% hike

From

View 2 more levels

Forex Officer

2 - 3 years exp.

Faculty Member

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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(AmbitionBox Estimate)

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Salary related reviews for Union Bank of India

4.8

Rated by 2 employees for salary & benefits

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

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.

Job security - Excellent

+1 more

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 .

Work satisfaction - Poor

+1 more

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

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Salary Discussions, Hike & Promotions

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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Union Bank of India Forex Officer Salary FAQs

How the salary growth look like for a Forex Officer at Union Bank of India in India?

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

Experience	Average Salary Range
2 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
3 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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Union Bank of India Forex Officer Salaries

Union Bank of India Forex Officer salary in India ranges between ₹10.2 Lakhs to ₹13 Lakhs. This is an estimate based on latest salaries received from employees of Union Bank of India.