Bank Representative salary in Nigeria

Average Yearly Salary of Bank Representative in Nigeria is approximately 2,130,109 NGN (2,545 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 Bank Representative do?

A bank representative is a professional who works in a bank and serves as a point of contact for customers. Their primary responsibility is to assist customers with various banking transactions, such as opening accounts, processing deposits and withdrawals, and providing information about different banking products and services. They also handle customer inquiries, resolve issues or complaints, and ensure that customers receive high-quality service. Bank representatives are expected to have a strong knowledge of banking policies, procedures, and regulations. They must possess excellent communication and interpersonal skills to effectively interact with customers and provide them with accurate and helpful information. Attention to detail is crucial in this role, as bank representatives need to ensure that all transactions are conducted accurately and securely. They may also be responsible for promoting and selling additional banking products or services to customers.

Skills: Bank representative, Customer service, Banking transactions, Financial services, Problem-solving, Sales.
Job industry: Finance

How much does Bank Representative make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Bank Representative a well paid job?

No, our data shows that Bank Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Representative might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Bank Representative?

High salary for Bank Representative would be somewhere between 2,343,120 NGN and 3,088,658 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Representative in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 2,130,109 NGN
Estimated Monthly Salary: 177,509 NGN
Estimated Weekly Salary: 40,964 NGN per week
Estimated Hourly Salary: 1,024 NGN per hour
By working as Bank Representative a person can save up to 6 USD per month or 78 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Representative

Last revision of data: 2025-01-04

Salary 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 +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

Data as of 2025

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