Banking Center Manager 1 salary in South Africa

Average Yearly Salary of Banking Center Manager 1 in South Africa is approximately 155,652 ZAR (7,810 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 Banking Center Manager 1 do?

A banking center manager is responsible for overseeing the daily operations of a bank branch. They ensure that customer service is exceptional, oversee staff training and development, and maintain compliance with banking regulations. They manage financial transactions, such as opening and closing accounts, processing loans, and handling cash deposits and withdrawals. Additionally, they monitor the branch's performance, set sales goals, and develop strategies to increase profitability. They also handle customer inquiries and complaints, resolve issues, and provide guidance on financial products and services. A banking center manager plays a crucial role in building and maintaining relationships with customers, promoting the bank's image, and driving business growth.

Skills: banking, finance, management, customer service, compliance, sales
Job industry: Banking

How much does Banking Center Manager 1 make?

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


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Salary comparison to National average

Is Banking Center Manager 1 a well paid job?

Yes, our data shows that Banking Center Manager 1 is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Banking Center Manager 1?

High salary for Banking Center Manager 1 would be somewhere between 171,217 ZAR and 225,695 ZAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Center Manager 1 in South Africa?

Living in South Africa the approximate monthly expenses are: 271 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: 155,652 ZAR
Estimated Monthly Salary: 12,971 ZAR
Estimated Weekly Salary: 2,993 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
By working as Banking Center Manager 1 a person can save up to 380 USD per month or 4,556 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 South Africa, see costs of living in South Africa.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Center Manager 1

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 South Africa

Data as of 2025

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