Average Personal Banker Salary in Surat, India for 2026

In this article, we will look at the average Personal Banker salary for 2026 in Surat 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 Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.

How Much Does a Personal Banker Make in Surat?

A Personal Banker working in Surat will typically earn around 327,800 INR per year, and this can range from the lowest average salary of about 154,700 INR to the highest average salary of 519,300 INR.

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

Personal Banker 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 Personal Banker Salaries in Surat

So we've looked at the average salaries a Personal Banker will earn in Surat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Personal Banker can earn between 154,700 INR and 519,300 INR on average in Surat. 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 Personal Banker in Surat is 349,300 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 349,300 INR, and 50% of the population earn more than 349,300 INR.

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 Personal Banker salary in Surat, 25% of the population are earning less than 225,300 INR while 75% of the population earn more than 225,300 INR.

75% of the population earn less than 459,300 INR, and 25% of the population earn more than 459,300 INR.

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.

Personal Banker Salary by Experience Level in Surat

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 Personal Banker 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 Personal Banker in Surat that has less than two years of experience can expect to earn somewhere in the region of 175,900 INR.
• 2 - 5 Years Experience. With two to five years of experience the average Personal Banker salary would increase to 245,300 INR.
• 5 - 10 Years Experience. From five to ten years of experience as a Personal Banker, the average salary would be 348,300 INR.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 425,100 INR.
• 15 - 20 Years Experience. A Personal Banker with 15 to 20 years of experience can earn an average of 447,700 INR.
• 20+ Years Experience. For a Personal Banker with more than 20 years, the expected average salary increases to 489,500 INR.

Average Salary by Experience Chart

Personal Banker Salary by Education Level in Surat

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 Personal Banker in Surat based on the education level of the employees in order to find out whether a better education level would increase your salary.

• Certificate or Diploma. A Personal Banker in Surat with a certificate or diploma education can earn an average salary of 210,500 INR.
• Bachelor's Degree. A Personal Banker in Surat with a bachelor's degree education can earn an average salary of 335,800 INR.
• Master's Degree. A Personal Banker in Surat with a master's degree education can earn an average salary of 467,100 INR.

Average Salary by Education Chart

Personal Banker 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 Surat, a male personal banker will earn an average of 319,600 INR, while a female personal banker will earn around 294,300 INR.

This means that a male personal banker earns approximately 9% more than a female personal banker for performing the same job.

Average Salary by Gender Chart in Surat

Personal Banker Average Pay Raise in Surat

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 Personal Banker in Surat is around 12% every 15 months.

The national average pay raise across all professions and industries in India is around 9% every 16 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 = ( 12 ÷ 15 ) × 12  = 10%

What this means is that a Personal Banker in Surat can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Surat for 2026

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

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

Personal Banker Bonus and Incentive Rates in Surat

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 Personal Banker is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% 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 6%.

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 India earn approximately 6% more than private sector employees in the same role.

Salaries for Jobs Similar to a Personal Banker

In the table below, we have salary information for jobs that are similar to a Personal Banker in Surat.

Salary Comparison by City

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

Salary Comparison by State

The table below includes links to the average salary for each state in India.