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What salary can I expect in a private sector bank?

If you’re just starting your career, most private banks pay around ₹2.25 – ₹3.5 lakh per annum as a fixed salary.

If you have an MBA, your starting pay may be around ₹3 lakh or more per annum. MBAs from top-tier colleges can get much higher salaries depending on the bank and their college ranking. This could be between ₹4.5 – ₹9 lakh per annum.

On top of your salary, many sales-related roles give performance incentives that can be ₹30,000–₹40,000 extra per month if you meet your targets.

If you already have relevant work experience, banks may offer you 15%–30% more than your current salary.

Private banks are known to be good paymasters — salaries grow well with experience and performance. At mid and senior levels, the packages can be very attractive.


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