Home > Salary > India > Retail Banker
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Estimated Yearly Salary: 1,246,442 INR
Estimated Monthly Salary: 103,870 INR
Estimated Weekly Salary: 23,970 INR per week
Estimated Hourly Salary: 599 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 100,628 INR
Estimated Weekly Salary: 23,222 INR per week
Estimated Hourly Salary: 581 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 13,880 USD
Estimated Monthly Salary: 1,157 USD
Estimated Weekly Salary: 267 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,246,442 INR
Estimated Monthly Salary: 103,870 INR
Estimated Weekly Salary: 23,970 INR per week
Estimated Hourly Salary: 599 INR per hour
By working as Retail Banker a person can save up to 261 USD per month or 3,138 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Retail Banker
Last revision of data: 2025-01-04
Data as of 2025
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Retail Banker salary in India
Average Yearly Salary of Retail Banker in India is approximately 1,246,442 INR (13,880 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Retail Banker do?
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Skills: retail banker, banking services, financial advisor, customer relationship management, account management, financial products
Job industry: Banking
Job industry: Banking
How much does Retail Banker make?
Salary details
How much does Retail Banker make?Estimated Yearly Salary: 1,246,442 INR
Estimated Monthly Salary: 103,870 INR
Estimated Weekly Salary: 23,970 INR per week
Estimated Hourly Salary: 599 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,207,530 INREstimated Monthly Salary: 100,628 INR
Estimated Weekly Salary: 23,222 INR per week
Estimated Hourly Salary: 581 INR per hour
Last revision of data: 2024-01-09Retail Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,880 USD
Estimated Monthly Salary: 1,157 USD
Estimated Weekly Salary: 267 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in India.
Comparison shows that a person working as Retail Banker in India earns on average:
0.67 times the average salary (or 67% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in India.
Comparison shows that a person working as Retail Banker in India earns on average:
0.67 times the average salary (or 67% of average salary).
Is Retail Banker a well paid job?
No, our data shows that Retail Banker is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Banker might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Retail Banker?
High salary for Retail Banker would be somewhere between 1,371,086 INR and 1,807,341 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banker in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,246,442 INR
Estimated Monthly Salary: 103,870 INR
Estimated Weekly Salary: 23,970 INR per week
Estimated Hourly Salary: 599 INR per hour
By working as Retail Banker a person can save up to 261 USD per month or 3,138 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Retail Banker
Pakistan is 982 USD
China is 7,953 USD
Nepal is 4,566 USD
Bangladesh is 1,756 USD
Afghanistan is 3,716 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
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Data as of 2025Random salary:
Case management assistant (1,013,971 INR per year, pre-tax.)
Hospitalist advanced registered nurse practitioner (arnp) (3,164,929 INR per year, pre-tax.)
Director volunteer services (1,832,301 INR per year, pre-tax.)
Window washer (899,464 INR per year, pre-tax.)
Production technician electronics (1,128,404 INR per year, pre-tax.)
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