Home > Salary > South Africa > Universal Banker
A universal banker is a versatile professional who provides a wide range of financial services to clients. They are responsible for handling customer transactions, opening and closing accounts, processing loan applications, and providing financial advice. Universal bankers also promote and sell various banking products such as credit cards, loans, and investment options. They assist customers in resolving account-related issues, address inquiries, and ensure overall customer satisfaction. Additionally, they may be involved in cross-selling and upselling banking products to meet sales targets.
Estimated Yearly Salary: 88,570 ZAR
Estimated Monthly Salary: 7,381 ZAR
Estimated Weekly Salary: 1,703 ZAR per week
Estimated Hourly Salary: 43 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,143 ZAR
Estimated Weekly Salary: 1,648 ZAR per week
Estimated Hourly Salary: 41 ZAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,452 USD
Estimated Monthly Salary: 371 USD
Estimated Weekly Salary: 86 USD per week
Estimated Hourly Salary: 2 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: 88,570 ZAR
Estimated Monthly Salary: 7,381 ZAR
Estimated Weekly Salary: 1,703 ZAR per week
Estimated Hourly Salary: 43 ZAR per hour
By working as Universal Banker a person can save up to 100 USD per month or 1,198 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.
Estimated Yearly Salary for Universal Banker
Last revision of data: 2025-01-04
Data as of 2025
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Universal Banker salary in South Africa
Average Yearly Salary of Universal Banker in South Africa is approximately 88,570 ZAR (4,452 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 Universal Banker do?
A universal banker is a versatile professional who provides a wide range of financial services to clients. They are responsible for handling customer transactions, opening and closing accounts, processing loan applications, and providing financial advice. Universal bankers also promote and sell various banking products such as credit cards, loans, and investment options. They assist customers in resolving account-related issues, address inquiries, and ensure overall customer satisfaction. Additionally, they may be involved in cross-selling and upselling banking products to meet sales targets.
Skills: universal banker, financial services, customer transactions, account management, sales, customer satisfaction
Job industry: Banking
Job industry: Banking
How much does Universal Banker make?
Salary details
How much does Universal Banker make?Estimated Yearly Salary: 88,570 ZAR
Estimated Monthly Salary: 7,381 ZAR
Estimated Weekly Salary: 1,703 ZAR per week
Estimated Hourly Salary: 43 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 85,720 ZAREstimated Monthly Salary: 7,143 ZAR
Estimated Weekly Salary: 1,648 ZAR per week
Estimated Hourly Salary: 41 ZAR per hour
Last revision of data: 2024-01-02Universal Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,452 USD
Estimated Monthly Salary: 371 USD
Estimated Weekly Salary: 86 USD per week
Estimated Hourly Salary: 2 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
Compare salary to other countries
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Universal Banker job salary compared to average salary in South Africa.
Comparison shows that a person working as Universal Banker in South Africa earns on average:
0.7 times the average salary (or 70% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Universal Banker job salary compared to average salary in South Africa.
Comparison shows that a person working as Universal Banker in South Africa earns on average:
0.7 times the average salary (or 70% of average salary).
Is Universal Banker a well paid job?
No, our data shows that Universal Banker is typically not a well-paid job. The salary varies based on experience. Meaning that even though Universal Banker might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Universal Banker?
High salary for Universal Banker would be somewhere between 97,427 ZAR and 128,427 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Universal Banker 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: 88,570 ZAR
Estimated Monthly Salary: 7,381 ZAR
Estimated Weekly Salary: 1,703 ZAR per week
Estimated Hourly Salary: 43 ZAR per hour
By working as Universal Banker a person can save up to 100 USD per month or 1,198 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 Universal Banker
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
+10% salary increaseTop 10 highest salaries in South Africa
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Data as of 2025Random salary:
Library director (143,452 ZAR per year, pre-tax.)
Certified pharmacy technician (cpht) (73,627 ZAR per year, pre-tax.)
Usher lobby attendant or ticket taker (32,528 ZAR per year, pre-tax.)
Power plant technician (161,100 ZAR per year, pre-tax.)
Beverage cart attendant (41,888 ZAR per year, pre-tax.)
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