Keeping employees satisfied in terms of monetary and non-monetary incentives is the most important task of every organization for achieving its goals and objectives. Everyone wants to earn good salaries and recognition from the employer which makes banking sector the most preferred career option these days. If you want to get good salaries, then doors of below-stated banks are open for you.
Here, you will get glimpses of leading banks in India which offers good pay packages and additional allowances to their employees. However, salary packages also depend upon other factors like a financial performance of individuals, work performance, profitability of the bank, level of technology Upgradation in the bank etc. but we have listed some banks that surely offer good starting pay to its employees which contribute to their overall development.
HIGHEST PAYING BANKS
State Bank Of India
One of the highly reputed and largest commercial banking organizations, state bank of India is serving its customers effectively with its products. It has a large number of clients base with various branches and business volume. It offers attractive pay scale to its employees and also achieved titles of beginning the highest paying bank in India.
| Jobs | Average Annual Salaries |
| Bank Manager | INR 240,632 – INR1,006,655 |
| Chartered Accountant | INR 222,263 – INR1,129,798 |
| Bank Clerk | INR 138,808 – INR 375,517 |
| Loan Officer | INR 117,125 – INR 467,858 |
| Branch Manager, Banking | INR 208,841 – INR 936,989 |
UCO Bank
UCO popularly recognized as United Commercial Bank which is one of the leading bank in the whole industry. It is not only familiarized for its good products and services but also due to its dedicated workforce. The salary package offered by the UCO is very good which varies according to the job profile as stated below.
| Jobs | Average Annual Salaries |
| Assistant Manager | INR 200,500 -INR 610,750 (with an annual
average of INR 299,316) |
| IT Officer | INR 36,000-INR 39,000 (monthly) |
| Manager | INR 420,000-INR 700,000 (with an annual
average of INR 590,000) |
| Relationship Manager | INR 38,000-INR 41,000 (monthly) |
UBI Bank
Another highest paying and highly reputed bank is the united bank of India. Despite paying 2% less than market standards, UBI is still paying high salary along with additional perks to its employees. Have a look at the annual salaries of financial research and branch manager.
| Jobs | Average Annual Salaries |
| Financial Research Analyst | INR 262,557 – INR 1,000,075 |
| Branch Manager, Banking | INR 228,203 – INR 977,161 |
Bank of Baroda
With over 4000 bank branches and multiple offices, the bank of Baroda is among the largest public sector organization. They believe in offering good services to its customers and highly rely on employee’s satisfaction. Proper motivational programs are being organized by BOB to keep their manpower satisfied. And of course, an impressive salary package is given to employees.
| Perks/Benefits | Payment (Annually) |
| Cell Phone | INR 545,349 |
| Education/Certification reimbursement | INR 390,000 |
| Paid Vacation | INR 526,205 |
| Pension Plan | INR 526,205 |
| Relocation | INR 427,293 |
| Sick Leave | INR 460,000 |
| Supplemental Maternity Leave | INR 480,000 |
Canara Bank
Canara bank is also a preeminent public sector bank to work. It is one of the highest paying banks, they not only offer good remuneration to its senior profiles employees only but also to clerical staff. So, if you are looking for a job in a good bank which takes care of its employees in terms of monetary incentives, then Canara bank is the best option to choose.
| Jobs | Average Annual Salaries |
| Senior Manager | INR 420,000-INR 720,000 (with an annual
average of INR 610,000) |
| Assistant Manger (Credit) | INR 464,000-INR 503,000 |
| Clerk | INR 173,000-INR 521,000 (with an annual
average of INR 347,010) |
| Investment Officer | INR 173,000-INR 188,000 |
| Manager | INR 500,000-INR 750,000 (with an annual
average of INR 616,667) |
So, If You Want To Get Good Salaries then choose any of above-stated bank as per your choice and avail exciting benefits.