BANKS / SALARY
INDIA

SALARY SURVEYS

63

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

2,162,555 INR

$25,996 USD

Bangalore

2,027,957 INR

1,414,196 INR

$17,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Banks / India

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Average salary for Banks / India is 2,162,555 INR per year. The most typical earning is 1,414,196 INR. All data are based on 63 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,079,700 INR. Women receive a salary of 1,039,850 INR.

Based on education, the highest salaries receive people with Masters Degree with salary of 2,495,640 INR. The second most paid education level is Bachelors Degree with salary of 1,647,122 INR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 4,542,065 INR. Employees with 16-20 Years of experience receive 3,319,201 INR.

Levels / Banks / India (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,200 INR - 166,299 INR	0	n/a
166,400 INR - 249,499 INR	0	n/a
249,600 INR - 415,899 INR	7	100% 11.11%
415,900 INR - 831,799 INR	8	88.89% 12.7%
831,900 INR - 1,247,699 INR	8	76.19% 12.7%
THE MOST TYPICAL SALARY
1,247,800 INR - 1,663,699 INR	9	63.49% 14.29%
1,663,800 INR - 2,079,599 INR	4	49.21% 6.35%
2,079,700 INR - 2,495,599 INR	5	42.86% 7.94%
2,495,600 INR - 2,911,499 INR	7	34.92% 11.11%
2,911,600 INR - 3,327,399 INR	5	23.81% 7.94%
3,327,500 INR - 3,743,399 INR	1	15.87% 1.59%
3,743,500 INR - 4,159,299 INR	2	14.29% 3.17%
4,159,400 INR - 4,575,299 INR	1	11.11% 1.59%
4,575,300 INR - 4,991,199 INR	1	9.52% 1.59%
4,991,300 INR - 5,407,099 INR	1	7.94% 1.59%
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	1	6.35% 1.59%
6,655,000 INR - 7,070,899 INR	0	n/a
7,071,000 INR - 7,486,799 INR	1	4.76% 1.59%
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	2	3.17% 3.17%
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
10,398,500 INR - 10,814,399 INR	0	n/a
10,814,400 INR - 11,230,299 INR	0	n/a
11,230,400 INR - 11,646,199 INR	0	n/a
11,646,300 INR - 12,062,199 INR	0	n/a
12,062,300 INR - 12,478,099 INR	0	n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
16,637,600 INR - 17,469,399 INR	0	n/a
17,469,500 INR - 18,301,299 INR	0	n/a
18,301,400 INR - 19,133,199 INR	0	n/a
19,133,200 INR - 19,964,999 INR	0	n/a
19,965,100 INR - 20,796,899 INR	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Banks / India (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	52	2,079,700 INR
2	Women	4	1,039,850 INR

Education / Banks / India (Gross INR)

#		Surveys
1	Masters Degree	40	2,495,640 INR
2	Bachelors Degree	21	1,647,122 INR
3	Doctorate Degree	1	1,397,558 INR
4	Some College	1	399,302 INR

Experience / Banks / India (Gross INR)

#		Surveys
1	20+ Years	4	4,542,065 INR
2	16-20 Years	8	3,319,201 INR
3	12-16 Years	13	2,778,479 INR
4	8-12 Years	11	2,387,495 INR
5	4-8 Years	15	1,214,544 INR
6	2-4 Years	10	956,662 INR
7	0-1 Year	2	665,504 INR

Age / Banks / India (Gross INR)

#		Surveys
1	51-55	1	8,227,293 INR
2	n/a	7	3,427,345 INR
3	41-45	7	2,820,073 INR
4	36-40	16	2,811,754 INR
5	31-35	12	1,630,484 INR
6	26-30	14	1,197,907 INR
7	21-25	6	482,490 INR

Work Type / Banks / India (Gross INR)

#		Surveys
1	Contract	3	3,751,778 INR
2	Permanent	59	2,112,975 INR
3	Part Time	1	399,302 INR

Cities / Banks / India (Gross INR)

#		Surveys
1	Jalandhar	1	3,968,067 INR
2	Delhi	7	3,859,923 INR
3	Bhubaneswar	1	3,094,593 INR
4	Chandigarh	1	2,537,234 INR
5	--Other--	4	2,520,596 INR
6	Mumbai	11	2,254,394 INR
7	Bangalore	8	2,029,787 INR
8	Chennai	11	1,971,555 INR
9	Vijayawada	1	1,946,599 INR
10	Calcutta	5	1,855,092 INR
11	Lucknow	1	1,613,847 INR
12	Indore	1	1,605,528 INR
13	Hyderabad	3	1,538,978 INR
14	Surat	1	1,397,558 INR
15	Thane	1	1,397,558 INR
16	Salem	1	1,006,574 INR
17	Faridabad	1	915,068 INR
18	Coimbatore	3	815,242 INR
19	Jaipur	1	665,504 INR

People's individual salary examples (surveys)

Avp(retail)

Posted 12 March 2022
Key knowledge and tasks

"RETAIL BANKING."

City	Education	Experience	Knowledge	Gross salary / year
Jalandhar	Masters Degree	4-8 Years	Advanced	3,971,600 INR

Regional Head

Posted 12 February 2022
Key knowledge and tasks

"Regional Head."

City	Education	Experience	Knowledge	Gross salary / year
Bhubaneswar	Masters Degree	12-16 Years	Advanced	3,093,800 INR

Manager

Posted 16 October 2021
Key knowledge and tasks

"Engineer."

City	Education	Experience	Knowledge	Gross salary / year
Indore	Masters Degree	8-12 Years	Advanced	1,603,900 INR

Loan Officer

Posted 22 August 2021

City	Education	Experience	Knowledge	Gross salary / year
Faridabad	Bachelors Degree	2-4 Years	Intermediate	916,500 INR

Credit Administration

Posted 19 February 2021
Key knowledge and tasks

"CAIIB, credit documentation and monitoring."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	12-16 Years	n/a	1,044,000 INR

Investment Banking

Posted 30 January 2021
Key knowledge and tasks

"Structured Finance, Investment Banking."

City	Education	Experience	Knowledge	Gross salary / year
Delhi	Masters Degree	20+ Years	n/a	8,228,600 INR

Analyst

Posted 09 October 2020
Key knowledge and tasks

"FMVA, MySQL & Tableau."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	2-4 Years	n/a	349,000 INR

Manager

Posted 10 August 2020
Key knowledge and tasks

"Branch manager, branch banking."

City	Education	Experience	Knowledge	Gross salary / year
Surat	Doctorate Degree	12-16 Years	n/a	1,396,100 INR

Lead- Risk And Compliance

Posted 01 April 2020
Key knowledge and tasks

"KYC, AML and Compliance."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	4-8 Years	n/a	1,279,800 INR

North America Cards And Collections (citi Bank) Back Office

Posted 04 February 2020
Key knowledge and tasks

"My personal intention to reduce time in production by implementing automation since time is ample precious. Lean six sigma (Green belt certified on Sep'17)."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Bachelors Degree	4-8 Years	n/a	352,500 INR

Senior Associate

Posted 21 January 2020
Key knowledge and tasks

"Business management."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	4-8 Years	n/a	2,210,600 INR

Officer

Posted 20 November 2019
Key knowledge and tasks

"Retail banking, mobilizing casa and deposits, loan processing."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	2-4 Years	n/a	940,500 INR

Senior Audit Manager

Posted 20 October 2019
Key knowledge and tasks

"Senior Audit Manager."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Masters Degree	12-16 Years	n/a	2,557,800 INR

Loan Restructure

Posted 19 August 2019
Key knowledge and tasks

"Restructurring bank accounts to make payments more affordable."

City	Education	Experience	Knowledge	Gross salary / year
Hyderabad	Masters Degree	2-4 Years	n/a	465,000 INR

Assistant Manager

Posted 16 July 2019
Key knowledge and tasks

"Anti money laundering profile, Asst. Manager for a foreign investment bank."

City	Education	Experience	Knowledge	Gross salary / year
Delhi	Masters Degree	4-8 Years	n/a	1,197,500 INR

Foreign Exchange And Money Market

Posted 24 May 2019
Key knowledge and tasks

"Transaction processing."

City	Education	Experience	Knowledge	Gross salary / year
Thane	Bachelors Degree	12-16 Years	n/a	1,395,100 INR

Analyst

Posted 20 May 2019
Key knowledge and tasks

"To collate data and type the data in computer."

City	Education	Experience	Knowledge	Gross salary / year
Calcutta	Masters Degree	2-4 Years	n/a	565,700 INR

Operation Manager/assistant Branch Manager

Posted 06 May 2019
Key knowledge and tasks

"Bandhan Bank woring."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	8-12 Years	n/a	872,000 INR

Assistant Manager

Posted 24 April 2019
Key knowledge and tasks

"Handle a team of KYC analysts."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	12-16 Years	n/a	2,150,800 INR

Commercial Operations

Posted 16 April 2019
Key knowledge and tasks

"Giving loans 50 lacs and above check the documents before lending loans setting up limit in system distribusing loan and recovery of the loan amount through EMI by setting standing instructions in system and thereafter after full repayment of loan closure loan account issuing NO Due Certificate ( NDC) & Release letter of Property Documents."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	651,000 INR

Erp Software

Posted 05 March 2019
Key knowledge and tasks

"ERP software business analyst."

City	Education	Experience	Knowledge	Gross salary / year
Hyderabad	Masters Degree	8-12 Years	n/a	2,860,100 INR

Senior Manager

Posted 21 February 2019
Key knowledge and tasks

"Management Consultant."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Masters Degree	16-20 Years	n/a	3,139,100 INR

Regional Sales Manager

Posted 23 January 2019
Key knowledge and tasks

"Regional sales Manager. Managing a Region. Institutions."

City	Education	Experience	Knowledge	Gross salary / year
Calcutta	Masters Degree	16-20 Years	n/a	2,790,300 INR

Corporate Management - Asst Vice President

Posted 31 December 2018
Key knowledge and tasks

"Managing big corporate house with teams."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	12-16 Years	n/a	2,591,600 INR

Credit

Posted 13 August 2018
Key knowledge and tasks

"Credit appraisal."

City	Education	Experience	Knowledge	Gross salary / year
Vijayawada	Masters Degree	2-4 Years	n/a	1,943,600 INR

Senior Analyst

Posted 13 June 2018
Key knowledge and tasks

"Working in Deutsche Bank as AML/KYC Senior officer."

City	Education	Experience	Knowledge	Gross salary / year
Jaipur	Bachelors Degree	4-8 Years	n/a	664,700 INR

Treasury Ops

Posted 09 May 2018
Key knowledge and tasks

"Treasury operations."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	16-20 Years	n/a	2,073,200 INR

Chief Operating Officer

Posted 15 April 2018
Key knowledge and tasks

"Rural finance senior level."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Masters Degree	12-16 Years	n/a	5,183,100 INR

Trade Finance Executive

Posted 25 February 2018
Key knowledge and tasks

"Trade Finance, retail banking."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Masters Degree	12-16 Years	n/a	925,100 INR

Foreign Exchange Manager

Posted 04 December 2017
Key knowledge and tasks

"Has worked with a multi national company in the foreign exchange division for 15 years."

City	Education	Experience	Knowledge	Gross salary / year
Coimbatore	Bachelors Degree	16-20 Years	n/a	1,733,600 INR

BANKS / SALARY INDIA

63