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Utkarsh Small Finance Bank Salaries in Mumbai (Updated 2025)

based on 771 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
Fresher · Mumbai (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹15 L/yr - ₹19.2 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹11 L/yr - ₹14 L/yr

11 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

24 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.8 L/yr - ₹18.9 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Last Updated: 19 Mar, 2025

Salary related reviews for Utkarsh Small Finance Bank

3.2

Rated by 94 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 30 Jul 2023

4.0
 for  Salary and Benefits

Likes

...in this organisation since nobody wants to work here. Work life balance is good The bonus structure is good

read more
  • Salary - Good
  • +2 more

Dislikes

Senior management has zero knowledge. Anybody manages any department without having a understanding of the domain. Work culture is terrible Not recommended for somebody who wants to grow

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Dec 2024

3.0
 for  Salary and Benefits

Likes

Overall good management, Job security and growth prospects, decent transportation (HO), decent bonus and financial benefits

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  • Job security - Good
  • +1 more

Dislikes

Old school, low priority on employees experience, low employees benefits like free meal and goodies, lack of process driven culture, strict working hours and mandatory work from office

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Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 03 Nov 2024

2.0
 for  Salary and Benefits

Likes

My Branch total 7 days work holiday bank open sunday work salary firsht six month best salary but next six month salary is low insensitive not available clients emi self mannage bank total collection posting but od members cash self deposit I'm not satisfying in this bank

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Dislikes

I'm not satisfied utkarsh small finance bank work time work 16 hours salary low

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  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 29 Aug 2024

5.0
 for  Salary and Benefits

Likes

According to Utkarsh Small Finance Bank, they offer a unique work-life balance culture that helps employees focus on their work and live a healthy, stress-free life. They also offer a variety of employee-centric activities to help employees unwind and maintain a holistic approach to work-life balance.

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  • Salary - Excellent
  • +5 more

Dislikes

Low salary: Some say that the salary is low and not comparable to other banks. For example, one reviewer says that engineering graduates start at 9,000 rupees per month, which is considered shameful. No promotions: Some say that there are no opportunities for promotion, and that hard work is not appreciated. Politics: Some say that there is too much politics in the workplace, and that superiors are not supportive. Long hours: Some say that MB branches have late working hours and heavy workloads. No time management: Some say that there is no time management. Manual work: Some say that there is too much manual work. No digital features: Some say that the bank lacks digital features. Pressure: Some say that the job is stressful.

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Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 25 Dec 2023

1.0
 for  Salary and Benefits

Likes

nothing actually

Dislikes

don't pay travel allowance which was promised. you are to work on holidays. toxic and demean you among colleagues, abusive language used and self esteem brought down. have made many cry and leave the job. the office politics, asking money when you are even 1 minute late. spiteful and no believing of you by management.

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  • Salary - Bad
  • +6 more
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Utkarsh Small Finance Bank Salary FAQs

How much does Utkarsh Small Finance Bank pay to its employees?
The average annual salary at Utkarsh Small Finance Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Utkarsh Small Finance Bank, are as follows:

Taxation Executive ₹1.1 Lakhs to ₹1.4 Lakhs per year
Chief Manager Finance ₹16.2 Lakhs to ₹20.7 Lakhs per year
Corporate Relationship Manager ₹1.8 Lakhs to ₹2.3 Lakhs per year
IT Business Analyst ₹11.7 Lakhs to ₹15 Lakhs per year

The highest-paying role, Vice President Operations, earns between ₹40.5 Lakhs to ₹51.8 Lakhs per year. The top 10% of employees earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹29.9 Lakhs per year. Salaries at Utkarsh Small Finance Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 771 salaries submitted by Utkarsh Small Finance Bank employees. Utkarsh Small Finance Bank is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Utkarsh Small Finance Bank in Mumbai?
The salary of a fresher at Utkarsh Small Finance Bank in Mumbai typically ranges from ₹1.2 Lakh to ₹7 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Sales Executive Salary ₹1.1 Lakhs to ₹3 Lakhs per year
Fresher as a Customer Service Officer Salary ₹1.3 Lakhs to ₹3.5 Lakhs per year
Fresher as a Relationship Officer Salary ₹1.5 Lakhs to ₹3.2 Lakhs per year
Fresher as a Credit Officer Salary ₹1.5 Lakhs to ₹3 Lakhs per year

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Average annual salary in Utkarsh Small Finance Bank , Mumbai is INRunlock blur . Salary estimates are based on 771 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.

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