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Is salary growth good in a banking career?

Yes – definitely!

Most banks grow at an average growth rate of 10%-20%. The salaries also typically grow annually between 5%-15%, depending on your job performance.

Additionally, salaries grow higher when you get promoted to a higher band. Some people also shift jobs within the industry itself for better pay.

As a combination of all these, salaries can grow at a compounded rate of 10%-20% per annum. This industry is amongst the best paying, once you put in about 5-10 years of good quality work.

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