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Relationship Banker salary in Sri Lanka

Average Yearly Salary for Relationship Banker in Sri Lanka is approximately 1,400,492 LKR (4,036 USD). Data is for 2024 and is a pre-tax value. The salary itself depends on multiple factors such as seniority, experience or any other bonuses. The value indicated is an average amount based on our records. Real values may vary.

What does Relationship Banker do?

occupation personasA relationship banker is a professional who works in the banking industry and focuses on building and maintaining relationships with clients. Their main responsibility is to provide personalized financial solutions and advice to individual and business customers. Relationship bankers assist clients with various banking services such as opening accounts, managing loans, and facilitating transactions. They analyze clients' financial needs and goals and recommend appropriate products and services to meet those needs. Additionally, relationship bankers actively cross-sell and upsell banking products to increase customer loyalty and revenue for the bank. They also handle customer inquiries, resolve issues, and ensure client satisfaction. Relationship bankers need to have excellent communication and interpersonal skills to establish strong relationships with clients and provide exceptional customer service.

Skills: Relationship banker, Banking industry, Financial solutions, Customer service, Account management, Cross-selling.

How much does Relationship Banker make?

Salary details
How much does Relationship Banker make?
Estimated Yearly Salary: 1,400,492 LKR
Estimated Monthly Salary: 116,708 LKR
Estimated Weekly Salary: 26,933 LKR per week
Estimated Hourly Salary: 673 LKR per hour
Values are pre-tax
Last revision of data: 2024-01-07

Comparing salary to last year:
Estimated Yearly Salary: 1,178,258 LKR
Estimated Monthly Salary: 98,188 LKR
Estimated Weekly Salary: 22,659 LKR per week
Estimated Hourly Salary: 566 LKR per hour
Last revision of data: 2023-06-21

Relationship Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,036 USD
Estimated Monthly Salary: 336 USD
Estimated Weekly Salary: 78 USD per week
Estimated Hourly Salary: 2 USD per hour

Difference in salary year over year or average salary increase is approximately up arrow 19 %

About these results Data confidence is - relatively high
Data fetched from dabase with: 34 submissions by random people.
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.

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Salary comparison to National average

Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.

Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Banker job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Relationship Banker in Sri Lanka earns on average:
0.78 times the average salary (or 78% of average salary).

Is Relationship Banker a well paid job?

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

How much can you save working as Relationship Banker in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 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.

By working as Relationship Banker a person can save up to 112 USD per month or 1,343 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 Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

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

Estimated Yearly Salary for Relationship Banker

India is 16,100 USDup arrow 299%
Details on Relationship Banker salary in India
Last revision of data: 2024-01-07

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+22% salary increase
    11 to 15 years of experience yields up arrow+14% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+8% 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 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 Sri Lanka

(19,627,361 LKR per year, pre-tax.)
(16,338,495 LKR per year, pre-tax.)
(15,786,765 LKR per year, pre-tax.)
(15,298,536 LKR per year, pre-tax.)
(15,277,369 LKR per year, pre-tax.)
(14,916,836 LKR per year, pre-tax.)
(14,916,836 LKR per year, pre-tax.)
(14,916,836 LKR per year, pre-tax.)
(14,916,836 LKR per year, pre-tax.)
(14,916,836 LKR per year, pre-tax.)

Data as of 2024

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relationship banker salary in sri lanka 2024
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