Highest paying Bank Jobs in India 2023, Know the List Here (2024)

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Highest Paying Bank Jobs

Highest Paying Bank Jobs in India: Bank jobs are currently some of the most sought-after jobs in the country. This is because these jobs are financially stable, and allow for assured growth. Every year, lakhs of job aspirants appear for a variety of banking recruitment exams in hopes of landing these lucrative jobs. So for your convenience, here’s a list of the highest-paying bank jobs in India.

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Highest Paying Bank Jobs In India in 2023

Here are the highest-paying bank jobs in India:

1. Internal Auditor

The key responsibility of an internal auditor is to evaluate how the bank’s finances are taking place and to structure risk management. In order to facilitate better profits, an internal auditor provides ideas and suggestions to streamline the bank’s financial transactions. It is probably one of the highest paying bank jobs in India currently, with annual pay of over 40 lakhs. Here are the general three tasks conducted by Internal auditor.

  • Assessment of risks in internal controls in an organization
  • Ensure that the company’s rules and regulations are in compliance with federal and state laws.
  • Suggestions regarding failed audit or issues that were identified as problematic during the audit.

2. Equity Trader

An equity trader is responsible for advising on the stock exchange provided by the respective bank. He/she is also in charge of handling the funds. Equity traders make decisions by studying and analyzing the financial risks and market conditions. The annual salary of an equity trader is around 49 lakhs. Here is the career path for equity trader.

  1. Finance Advisor- Account Executive- Project Manager- Portfolio Manager (7 years)
  2. Finance Advisor- Account Executive- Relationship Manager- Senior Relationship Manager (9 years)
  3. Finance Advisor- Account Executive- Branch Manager- Business Development Manager (7 years)
  4. Finance Analyst- Project Manager- Vice President- Portfolio Manager (10 years)
  5. Consultant- General Manager- Directors of Sale- Executive Sales Director (10 years)
  6. Consultant- Underwriter- Portfolio Manager- Credit Director (10 years)
  7. Analyst- Staff Accountant- Treasury Analyst- Treasure Manager (5 years)
  8. Broker- Principal- Fund Accountant- Mutual Fund Manager (5 years)

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3. Bank Manager

Being a bank manager calls for a vast amount of responsibility, as he has to handle all the bank matters. Starting from bank functioning to customer care and management, he has to supervise everything. In other words, a bank manager is responsible for each department of a bank.The annual salary of a bank manager from a reputed bank is around 40 lakhs.

4. Investment Banker

Being an investment banker is the dream job of many finance students and aspirants, due to it being a financially high profile job. An investment banker has many responsibilities, such as scouting for investors and convincing them to purchase stock from the respective bank’s projects. Another important responsibility of an investment banker is to conduct fundraising for the bank’s projects through public investments.

An investment banker is paid around a whopping 70 lakhs on yearly basis, give or take.

5. Foreign Exchange Trader

A foreign exchange trader is supposed to study the worldwide currency market and come up with ways to increase the country’s currency value. Work in this field can be very taxing and often, stressful as the currency value fluctuates. Therefore, it takes a calm mind and patience to deal with it.

One of the most lucrative bank jobs out there, a foreign exchange trader makes around 65 lakhs a year.

6. Relationship Manager

A relationship manager is responsible for maintaining good relations with customers and additionally, providing advice on why they should avail the services and products of the respective bank. A relationship manager’s client base is quite vast, with it ranging from big corporations to SMEs.

The post of a relationship manager entails him/her to a handsome annual salary of INR 40 lakhs to 60 lakhs.

7. Budget Analyst

The role of a budget analyst requires you to be highly qualified and experienced, as you will have to handle some major responsibilities, such as creating the budget of the bank and making sure that it is utilized rightly to bring in increased profits. This job offers an annual salary of around INR 38 lakhs.

8. SBI PO

SBI is the largest commercial bank in the Indian subcontinent making it the most trustable bank. It is a public sector bank that was founded in 1806. SBI recruits candidates on the basis of an examination i.e. Prelims and Mains & Interview. The examination is a 3 stage process. The candidate has to qualify for all three stages to be selected as SBI PO. SBI is a highly reputed bank and offers handsome salaries to the staff making it the top choice of the candidates. Candidates who passed/appeared in the final year with 21-30 yrs. of age are eligible for the exam. SALARY- Rs. 50,000- Rs. 55,000 pm.

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Highest Paying Bank Jobs in India – Summary

Here’s a summarized version of all the highest paying bank jobs in India with their salaries:

Job TitleSalary (Annual)
Internal Auditor40 lakhs
Equity Trader49 lakhs
Bank Manager40 lakhs
Investment Banker70 lakhs
Foreign Exchange Trader65 lakhs
Relationship Manager40 lakhs – 60 lakhs
Budget Analyst38 lakhs
SBI PORs. 50,000 – Rs. 55,000 pm

Highest Paying Banking Jobs in India – Frequently Asked Questions

Which is the highest paying job in the banking sector in India?

Internal auditor is the highest paying job in the banking sector in India.

Which are the top highest paying jobs in india?

We have discussed 8 highest paying jobs in banking sector in the blog above.

Which Bank job is the best?

You can find the list of best jobs in banking industry here in this blog.

Are bank jobs good?

Banking sector jobs are most sough-after jobs in India currently due to the financial stability and secure career.

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Priya

I have been writing blog content for different exams for more than 3 years now. Being an aspirant myself and having closely worked with students and mentors, I know what kind of content an aspirant is looking for. Apart from writing content, I like watching movies.

Highest paying Bank Jobs in India 2023, Know the List Here (2024)

FAQs

Highest paying Bank Jobs in India 2023, Know the List Here? ›

Investment Bankers:

Investment Bankers are also known as moneymen. It is the highest-paid job not only in India but around the world. The annual salary ranges from 2 lakh to 60 lakhs as per the experience and expertise.

Which bank job has the highest salary in India? ›

Investment Bankers:

Investment Bankers are also known as moneymen. It is the highest-paid job not only in India but around the world. The annual salary ranges from 2 lakh to 60 lakhs as per the experience and expertise.

Which bank is best for a job in India? ›

9 Best Banking Companies in India 2022
  • HDFC Bank. 4.02. based on 12.7k Reviews. ...
  • ICICI Bank. 4.02. based on 10.1k Reviews. ...
  • Bandhan Bank. 3.95. based on 1.4k Reviews.

What are the highest paying jobs 2023? ›

Highest-Paying Occupations
RankOccupation2023 Mean Pay
1Pediatric surgeons$449,320
2Cardiologists$423,250
3Orthopedic surgeons, except pediatric$378,250
4Radiologists$353,960
1 more row
Apr 29, 2024

What bank position pays the most? ›

The best-paying jobs in major banks include financial analysts, accountants, and managers overseeing financial operations, marketing, and sales. Most of the highest-paying jobs major banks offer require at least a bachelor's degree and several years of experience.

Which branch has highest salary in India? ›

Branches like Petroleum, Computer Science and Software, Electrical, Chemical and Nuclear Engineering, etc., have the highest-paying jobs.

Which banking role pays the most? ›

Here are some of the following best-paid banking jobs:
  1. Senior relationship manager. ...
  2. Senior branch manager. ...
  3. 3.. Financial planner. ...
  4. Investment manager. ...
  5. Portfolio manager. ...
  6. Financial analyst. ...
  7. Senior financial advisor. ...
  8. Senior business analyst.
Apr 18, 2024

What bank pays the highest rate? ›

Best High-Yield Online Savings Accounts of May 2024
  • EverBank Performance℠ Savings: 5.15% APY.
  • Bask Interest Savings Account: 5.10% APY.
  • LendingClub High-Yield Savings Account: 5.00% APY.
  • Varo Savings Account: 3.00% to 5.00% APY.
  • Laurel Road High Yield Savings®: 5.15% APY.
  • Quontic Bank High Yield Savings: 4.50% APY.
4 days ago

What bank hires the most? ›

Citi, US Bank, Wells Fargo and JPMorgan Chase, four of the US' largest five banks, are the most active recruiters in world banking for the year to date. The second largest US bank by assets, Bank of America, drops out of the top 10 most active recruiters when looking at comparable date for the same period last year.

Which bank is No 1 position in India? ›

HDFC bank

Who is the highest paid banker in India? ›

HDFC Bank Ltd. s Sashidhar Jagdishan is the best-paid bank CEO in India, leading a group of private-sector bank bosses as the top earners in the sector.

What is the highest salary in Indian bank? ›

What is the highest salary in Indian Bank? The highest-paying job at Indian Bank is a Assistant General Manager with a salary of ₹27.8 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹37.44 lakhs per year.

Which job has the highest salary in India? ›

List of Highest Salary Jobs in India
  • Commercial Pilots.
  • Management Consultants.
  • Product Managers.
  • Investment Bankers.
  • AI Engineers.
  • Chartered Accountants.
  • Marketing Managers.
  • Machine Learning Engineers.
May 15, 2024

What is the #1 best paying job? ›

Highest-Paying Careers
RankOccupationTypical Education
1AnesthesiologistsDoctoral or professional degree
1CardiologistsDoctoral or professional degree
1DermatologistsDoctoral or professional degree
8 more rows

What is the fastest growing career in 2023? ›

Fastest Growing Occupations
OCCUPATIONGROWTH RATE, 2022-322023 MEDIAN PAY
Data scientists35%$108,020 per year
Statisticians32%$104,110 per year
Information security analysts32%$120,360 per year
Medical and health services managers28%$110,680 per year
16 more rows
Apr 17, 2024

Which bank has highest salary account? ›

Top Best Bank for Salary Account in India
  • RBL Bank Salary Account. RBL provides convenient and easy banking with its salary account having enhanced features. ...
  • IDFC First Salary Account. The IDFC First Bank Corporate Salary Account is a zero-balance account offering unlimited ATM access. ...
  • ICICI Salary Account.
Apr 5, 2024

Which is the best job in India with a high salary? ›

List of Highest Salary Jobs in India
  • Commercial Pilots.
  • Management Consultants.
  • Product Managers.
  • Investment Bankers.
  • AI Engineers.
  • Chartered Accountants.
  • Marketing Managers.
  • Machine Learning Engineers.
May 15, 2024

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