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.
