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Education & Career Career Options
Accounting, Banking, Finance and Insurance
Banking
Banking : Remuneration
Banking is a lucrative and satisfying career that offers good remuneration
and benefits. The salary scale varies depending on the position. The initial
salary scale for clerical grade post in the public sector banks may vary
between Rs. 7000/- to Rs. 10,000/- per month. The pay scale of probationary
officers varies between Rs.12,000/- to Rs. 18,000/- per month. The salary
package of the private banks and foreign banks are much high when compared
to the public sector and the officers can get around 3.5 lakhs or more
as annual income depending on their performance.
But the job security in these banks depend on various external factors
like the economy of the parent country, performance of the bank worldwide,
change in expatriate management etc.
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