Average Financial Banking Assistant Salary in Iguala, Mexico for 2026

In this article, we will look at the average Financial Banking Assistant salary for 2026 in Iguala and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Financial Banking Assistant Make in Iguala?

A Financial Banking Assistant working in Iguala will typically earn around 172,200 MXN per year, and this can range from the lowest average salary of about 88,020 MXN to the highest average salary of 263,200 MXN.

Average Annual Salary172,200 MXN
Average Monthly Salary14,350 MXN
Average Lowest Salary88,020 MXN
Lowest Monthly Salary7,335 MXN
Average Highest Salary263,200 MXN
Highest Monthly Salary21,933 MXN

These are average salaries for a Financial Banking Assistant in Iguala and include benefits such as housing and transport. It's also possible for a Financial Banking Assistant to earn more or less than the average salaries shown above.

Financial Banking Assistant salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Financial Banking Assistant Salaries in Iguala

So we've looked at the average salaries a Financial Banking Assistant will earn in Iguala. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Financial Banking Assistant can earn between 88,020 MXN and 263,200 MXN on average in Iguala. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Financial Banking Assistant in Iguala is 163,800 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 163,800 MXN, and 50% of the population earn more than 163,800 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Financial Banking Assistant salary in Iguala, 25% of the population are earning less than 112,180 MXN while 75% of the population earn more than 112,180 MXN.

75% of the population earn less than 205,700 MXN, and 25% of the population earn more than 205,700 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Financial Banking Assistant Salary by Experience Level in Iguala

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Financial Banking Assistant salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Financial Banking Assistant in Iguala that has less than two years of experience can expect to earn somewhere in the region of 100,140 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Financial Banking Assistant salary would increase to 136,200 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Financial Banking Assistant, the average salary would be 176,800 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 212,500 MXN.
  • 15 - 20 Years Experience. A Financial Banking Assistant with 15 to 20 years of experience can earn an average of 232,400 MXN.
  • 20+ Years Experience. For a Financial Banking Assistant with more than 20 years, the expected average salary increases to 245,300 MXN.

Average Salary by Experience Chart

0-2 Years-
100,140 MXN
2-5 Years+34%
136,200 MXN
5-10 Years+30%
176,800 MXN
10-15 Years+21%
212,500 MXN
15-20 Years+9%
232,400 MXN
20+ Years+5%
245,300 MXN

Financial Banking Assistant Salary by Education Level in Iguala

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Financial Banking Assistant in Iguala based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Financial Banking Assistant in Iguala with a bachelor's degree education can earn an average salary of 143,200 MXN.
  • Master's Degree. A Financial Banking Assistant in Iguala with a master's degree education can earn an average salary of 197,600 MXN.

Average Salary by Education Chart

Bachelor's Degree-
143,200 MXN
Master's Degree+39%
197,600 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Financial Banking Assistant Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Iguala, a male financial banking assistant will earn an average of 221,500 MXN, while a female financial banking assistant will earn around 197,600 MXN.

This means that a male financial banking assistant earns approximately 12% more than a female financial banking assistant for performing the same job.

Average Salary by Gender Chart in Iguala

Male-
221,500 MXN
Female-12%
197,600 MXN

Financial Banking Assistant Average Pay Raise in Iguala

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Financial Banking Assistant in Iguala is around 11% every 16 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 16 ) × 12  = 8%

What this means is that a Financial Banking Assistant in Iguala can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Iguala for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Financial Banking Assistant Bonus and Incentive Rates in Iguala

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Financial Banking Assistant is a moderate bonus based job, with 50% of employees reporting at least one bonus in the last 12 months.

50% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus-
50%
No Bonus-
50%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector-
415,900 MXN
Private Sector-8%
384,200 MXN

Salaries for Jobs Similar to a Financial Banking Assistant

In the table below, we have salary information for jobs that are similar to a Financial Banking Assistant in Iguala.

Job TitleCategorySalary
AML AnalystBanking615,300 MXN
ATM ManagerBanking575,100 MXN
ATM Service TechnicianBanking163,800 MXN
Assistant Bank Branch ManagerBanking514,300 MXN
Assistant Bank ManagerBanking722,100 MXN
Bank Accounts AnalystBanking243,000 MXN
Bank Accounts CollectorBanking148,300 MXN
Bank Accounts ControllerBanking307,400 MXN
Bank Accounts ExecutiveBanking428,400 MXN
Bank Accounts ManagerBanking514,800 MXN
Bank Auditing ManagerBanking499,300 MXN
Bank Branch ManagerBanking744,700 MXN
Bank Branch Operations CoordinatorBanking305,600 MXN
Bank ClerkBanking138,200 MXN
Bank Client Service AssociateBanking201,100 MXN
Bank CollectorBanking138,800 MXN
Bank Compliance SpecialistBanking394,300 MXN
Bank ManagerBanking874,500 MXN
Bank Operational Risk ManagerBanking858,400 MXN
Bank Operations HeadBanking825,900 MXN
Bank Operations OfficerBanking332,100 MXN
Bank Operations SpecialistBanking516,100 MXN
Bank Process ManagerBanking472,100 MXN
Bank Product Manager Banking548,800 MXN
Bank Programme ManagerBanking559,000 MXN
Bank Project ManagerBanking695,400 MXN
Bank Propositions ManagerBanking625,000 MXN
Bank Quantitative AnalystBanking436,200 MXN
Bank Regional ManagerBanking862,400 MXN
Bank Regional Risk OfficerBanking437,300 MXN
Bank Relationship ManagerBanking659,400 MXN
Bank Relationship OfficerBanking292,000 MXN
Bank TellerBanking154,700 MXN
BankerBanking294,700 MXN
Banking Business AnalystBanking447,300 MXN
Banking Business Development OfficerBanking273,300 MXN
Banking Business Planning ExecutiveBanking656,800 MXN
Banking Product ManagerBanking562,200 MXN
Banking Reference Data ManagerBanking467,700 MXN
Banking Risk AnalystBanking424,300 MXN
Banking Technical AnalystBanking232,900 MXN
Bankruptcy CoordinatorBanking318,800 MXN
Bill and Account CollectorBanking159,400 MXN
Budget AnalystBanking437,900 MXN
Capital Risk ManagerBanking855,200 MXN
Cards Marketing ManagerBanking575,100 MXN
Cash Management ManagerBanking790,600 MXN
Check Processing ManagerBanking551,200 MXN
Commercial Vault AssociateBanking417,200 MXN
Corporate BankerBanking325,900 MXN
Corporate DealerBanking437,300 MXN
Credit AnalystBanking335,800 MXN
Credit Card Fraud InvestigatorBanking436,200 MXN
Credit Portfolio ManagerBanking861,300 MXN
Credit Risk AnalystBanking501,400 MXN
Credit Risk AssociateBanking485,200 MXN
Credit and Collections ManagerBanking606,400 MXN
Direct Bank Sales RepresentativeBanking311,700 MXN
Exchange Control ConsultantBanking467,700 MXN
Executive Account AnalystBanking448,500 MXN
Financial Bank Planning ConsultantBanking553,400 MXN
Financial Banking Analysis ManagerBanking633,300 MXN
Financial Banking Systems ManagerBanking575,100 MXN
Foreign Exchange ManagerBanking639,900 MXN
Fraud AnalystBanking460,500 MXN
Fraud Detection AssociateBanking327,300 MXN
Fraud Detection ManagerBanking656,800 MXN
Fraud Detection SupervisorBanking375,200 MXN
Internal Bank Audit ManagerBanking761,400 MXN
Internal Bank AuditorBanking420,800 MXN
Internal Private BankerBanking313,700 MXN
International Banking ManagerBanking927,000 MXN
Investment Banking AnalystBanking638,700 MXN
Loan AnalystBanking442,200 MXN
Loan Area ManagerBanking518,900 MXN
Loan Audit Team LeaderBanking485,200 MXN
Loan Branch ManagerBanking500,100 MXN
Loan Business Development OfficerBanking254,700 MXN
Loan ClerkBanking154,700 MXN
Loan Collection ManagerBanking544,800 MXN
Loan Collection and Recovery ManagerBanking510,200 MXN
Loan CollectorBanking146,200 MXN
Loan ExaminerBanking200,000 MXN
Loan OfficerBanking169,000 MXN
Loan Processing ManagerBanking466,900 MXN
Loan ProcessorBanking204,700 MXN
Loan Quality Assurance AuditorBanking426,700 MXN
Loan Quality Assurance ManagerBanking496,100 MXN
Loan Quality Assurance RepresentativeBanking341,900 MXN
Loan Review ManagerBanking489,600 MXN
Loan Team LeaderBanking454,300 MXN
Loans ManagerBanking615,000 MXN
Mortgage AdvisorBanking294,700 MXN
Mortgage Collection ManagerBanking516,100 MXN
Mortgage CollectorBanking150,000 MXN
Mortgage Credit AnalystBanking227,600 MXN
Mortgage Credit ManagerBanking498,000 MXN
Mortgage Development ManagerBanking535,900 MXN
Mortgage Document ReviewerBanking192,000 MXN
Mortgage Funding ManagerBanking587,800 MXN
Mortgage Operations ManagerBanking781,200 MXN
Mortgage Payment Processing ClerkBanking161,300 MXN
Mortgage Processing ManagerBanking489,600 MXN
Mortgage ProcessorBanking197,600 MXN
Mortgage Quality Assurance AuditorBanking437,300 MXN
Mortgage Quality Assurance ManagerBanking518,900 MXN
Mortgage Servicing ClerkBanking159,500 MXN
Mortgage Servicing ManagerBanking480,600 MXN
Mortgage UnderwriterBanking183,600 MXN
Online Banking ManagerBanking743,300 MXN
Payment Processing ClerkBanking158,700 MXN
Personal BankerBanking315,900 MXN
Personal Banking Advisor Banking325,800 MXN
Phone BankerBanking201,100 MXN
Private BankerBanking332,500 MXN
Reconciliation and Investigation SpecialistBanking353,600 MXN
Tax OfficerBanking273,000 MXN
TellerBanking146,200 MXN
Trade OfficerBanking172,200 MXN
Trade Product ManagerBanking519,300 MXN
TraderBanking225,300 MXN
Treasury Operations OfficerBanking384,500 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Acapulco265,000 MXN
Acuna205,700 MXN
Aguascalientes261,300 MXN
Boca del Rio176,800 MXN
Buenavista205,700 MXN
Campeche204,700 MXN
Cancun258,400 MXN
Celaya216,800 MXN
Chalco187,300 MXN
Chetumal174,000 MXN
Chicoloapan190,500 MXN
Chihuahua273,000 MXN
Chilpancingo197,600 MXN
Chimalhuacan258,400 MXN
Cholula de Rivadabia197,600 MXN
Ciudad Apodaca227,600 MXN
Ciudad Juarez176,800 MXN
Ciudad Lopez Mateos238,900 MXN
Ciudad Obregon232,900 MXN
Ciudad Santa Catarina209,500 MXN
Ciudad Valles169,000 MXN
Ciudad Victoria228,500 MXN
Ciudad del Carmen180,500 MXN
Coacalco222,300 MXN
Coatzacoalcos196,800 MXN
Colima180,500 MXN
Cordoba172,200 MXN
Cuautitlan Izcalli232,400 MXN
Cuautla180,300 MXN
Cuernavaca232,400 MXN
Culiacan254,700 MXN
Delicias175,900 MXN
Durango246,500 MXN
Ecatepec de Morelos277,400 MXN
Ensenada209,500 MXN
Fresnillo168,100 MXN
General Escobedo227,600 MXN
Gomez Palacio216,800 MXN
Guadalajara279,400 MXN
Guadalupe245,300 MXN
Guaymas159,100 MXN
Hermosillo263,900 MXN
Hidalgo del Parral159,100 MXN
Irapuato233,900 MXN
Ixtapaluca225,700 MXN
Jiutepec183,600 MXN
La Paz197,600 MXN
Leon266,000 MXN
Los Mochis208,600 MXN
Los Reyes la Paz205,700 MXN
Manzanillo172,400 MXN
Matamoros246,200 MXN
Mazatlan227,600 MXN
Merida246,500 MXN
Metepec204,000 MXN
Mexicali259,100 MXN
Mexico City273,000 MXN
Minatitlan169,000 MXN
Monclova205,700 MXN
Monterrey261,300 MXN
Morelia239,000 MXN
Naucalpan268,900 MXN
Navojoa154,700 MXN
Nezahualcoyotl265,000 MXN
Nogales190,500 MXN
Nuevo Laredo231,000 MXN
Oaxaca207,700 MXN
Ojo de Agua214,000 MXN
Orizaba159,500 MXN
Pachuca200,000 MXN
Piedras Negras187,300 MXN
Playa del Carmen176,800 MXN
Poza Rica190,500 MXN
Puebla283,400 MXN
Puerto Vallarta194,600 MXN
Queretaro246,200 MXN
Reynosa254,800 MXN
Salamanca187,300 MXN
Saltillo267,100 MXN
San Cristobal de las Casas196,800 MXN
San Juan del Rio168,100 MXN
San Luis Potosi251,500 MXN
San Luis Rio Colorado174,000 MXN
San Nicolas de los Garza232,900 MXN
San Pablo de las Salinas187,300 MXN
San Pedro Garza Garcia172,200 MXN
Soledad de Graciano Sanchez204,000 MXN
Tampico212,500 MXN
Tapachula205,700 MXN
Tehuacan215,100 MXN
Tepic218,900 MXN
Tijuana258,400 MXN
Tlalnepantla de Baz247,800 MXN
Tlaquepaque246,500 MXN
Toluca239,000 MXN
Tonala228,500 MXN
Torreon246,200 MXN
Tuxtla Gutierrez232,400 MXN
Uruapan216,800 MXN
Veracruz239,300 MXN
Villa Nicolas Romero216,800 MXN
Villahermosa233,600 MXN
Xalapa228,500 MXN
Xico239,000 MXN
Zacatecas176,800 MXN
Zamora de Hidalgo172,200 MXN
Zapopan271,300 MXN

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