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    Bank of India

    Compare button icon Compare button icon Compare
    3.9

    based on 631 Reviews

    HQ - Mumbai, Maharashtra, India Banking 50k-1 Lakh Employees (India) Financial Services
    filter salariesFilter salaries by
    Designation
    Experience
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    Bank of India Salaries in India

    based on 2.8k latest salaries

    3.8

    Rated by 630 Employees for salary and benefits

    Top Departments at Bank of India
    BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Engineering - Hardware & Networks Engineering - Software & QA IT & Information Security + 4 more
    Designation Average Salary
    Yearly arrow-down

    Banking Officer

    Experience: 0 - 31 yrs (98 Salaries)
    ₹ 4,14,457/year

    (₹10.0K/yr - ₹8.0L/yr)

    Chief Manager

    Experience: 11 - 18 yrs (95 Salaries)
    ₹ 22,17,908/year

    (₹10.8L/yr - ₹35.0L/yr)

    Credit Officer

    Experience: 0 - 7 yrs (88 Salaries)
    ₹ 8,95,313/year

    (₹4.1L/yr - ₹13.5L/yr)

    Branch Manager

    Experience: 5 - 12 yrs (83 Salaries)
    ₹ 11,07,208/year

    (₹5.0L/yr - ₹15.0L/yr)

    Credit Manager

    Experience: 4 - 9 yrs (80 Salaries)
    ₹ 10,69,450/year

    (₹6.0L/yr - ₹15.0L/yr)

    Senior Branch Manager

    Experience: 8 - 13 yrs (38 Salaries)
    ₹ 15,46,888/year

    (₹8.5L/yr - ₹25.0L/yr)

    Officer

    Experience: 2 - 9 yrs (35 Salaries)
    ₹ 7,47,043/year

    (₹4.0L/yr - ₹11.8L/yr)

    Clerk

    Experience: 0 - 8 yrs (28 Salaries)
    ₹ 4,05,524/year

    (₹1.8L/yr - ₹6.9L/yr)

    Bank Manager

    Experience: 0 - 31 yrs (28 Salaries)
    ₹ 11,71,226/year

    (₹9.5L/yr - ₹20.4L/yr)

    Cashier

    Experience: 0 - 5 yrs (21 Salaries)
    ₹ 2,50,000/year

    (₹20.0K/yr - ₹5.0L/yr)

    Last Updated: 3 Oct, 2023

    Bank of India Salary FAQs

    How much does Bank of India pay per year?
    The average Bank of India salary ranges from approximately ₹0.2 Lakhs per year for a fresher to ₹27.4 Lakhs per year for a General Manager. Salary estimates are based on 2.8k Bank of India salaries received from various employees of Bank of India. Bank of India employees rate the overall salary and benefits package 3.8/5 stars.
    What is the highest salary in Bank of India?
    The highest-paying job at Bank of India is a General Manager with a salary of ₹27.4 Lakhs per year. The top 10% of employees earn more than ₹17.50 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
    What is the minimum salary in Bank of India?
    Minimum salary at Bank of India depends on the role you are applying for. For Banking Officer the minimum salary is ₹4.1 Lakhs per year, for Officer the minimum salary is ₹7.5 Lakhs per year and so on.
    What is the salary package for freshers in Bank of India?
    The average salary at Bank of India for freshers varies from ₹0.2 Lakhs per year for fresher to ₹7.7 Lakhs per year for Credit Officer. View Fresher Salaries at Bank of India
    What is the notice period at Bank of India?
    According to AmbitionBox, 37% of the Bank of India employees reported a notice period of 3 Months, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.7k responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at Bank of India

    Business Consultant in Bank Of India, Ashoka Road, Mysore.

    Full Time

     · 

    Banking Operations Department

    4.0
    posted on 03 Jul 2023
    2.0 for Salary and Benefits

    Likes

    Working sorouding was good, chief manager Mr. Bongano Ramarao guided me very well.All staff people were co operative. As it was field work, other persons were going to field work, what they were bringing account's were opening by me in the bank.

    Dislikes

    ... And also they won't keep attendance, no more salary, no incentives. At least for good job, who know to work in system, they can promote to some clerk post....or some office work.

    Work Details

    Work days: Monday to Saturday (Flexible Timings)

    Work related travel: This is a desk job.

    Assistant Manager in Mumbai, Maharashtra

    Full Time

     · 

    Operations Department

    2.0
    posted on 22 Aug 2022
    3.0 for Salary and Benefits

    Likes

    Only job security

    Dislikes

    At the cost of job security if you don't have any jack then you will be getting transfers every now and then. "Jo kam karta he usko aur jo kam bilkul nahi karta" salary sab ko equal he.. shayad jo kam thik se nai karta usko pareshan nahi karenge because wo kuch karega nahi

    Work Details

    Work days: Alternate Saturday off (Strict Timings)

    Credit Officer in Job Is Transferable

    Full Time

     · 

    Banking Operations Department

    3.0
    posted on 26 May 2022
    3.0 for Salary and Benefits

    Likes

    You want stability and job security than Public Sector Undertaking is good for you. But you think you want to grow and have something which separates you from general public than you should look for private entity.

    Dislikes

    In public sector there is not any difference between highly knowledgeable and skilled employee and average employee. Both gets same salary and promotion eligibility remains same for both.

    Work Details

    Work days: Alternate Saturday off (Strict Timings)

    Work related travel: This job involves Travel Within Country.

    In Army Driver , And After Retirement Security Guard Duty in Bank Of India Zonal Office Bhubaneswar

    Zonal office Bhubaneswar Department

    4.0
    posted on 13 Sep 2021
    5.0 for Salary and Benefits

    Likes

    ... they give good salary hike and bonus every year.

    Dislikes

    There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign.

    Work Details

    Work timings: Flexible Timings

    Work related travel: This is a desk job.

    Marketing Manager - Retail And MSME Products in Delhi

    Full Time

     · 

    Marketing Department

    3.0
    posted on 09 Apr 2021
    4.0 for Salary and Benefits

    Likes

    ... Compensation is average, but one can learn entire banking if one intends to. It's not like you will do only 1 task or 2. You can get multiple tasks if you want to, unlike private banks where you will be specifically doing particular work.

    Dislikes

    Slow promotions in the beginning. 4-5 years for the first promotion, and 3-4 years for the next. Transfer policy. Rural banking is mandatory to reach to senior manager position.

    Work Details

    Work days: Alternate Saturday off (Flexible Timings)

    Work related travel: This job involves Travel Within City.

    see more salary related reviews

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    Average annual salary in Bank of India is INR 9.7 lakhs . Salary estimates are based on 2.8k Bank of India latest salaries received from various employees of Bank of India.