R318,076
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
25%
ZAR 300k
MEDIAN
ZAR 318k
75%
ZAR 450k
The average salary for a Private Banker is R318,076 in 2025
Base Salary
R300k - R450k
Total Pay
R300k - R450k
Is Average Private Banker Salary at Nedbank in South Africa your job title? Find out what you should be paid
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What Do Private Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
43%
None
57%
Gender Breakdown for Private Bankers
Female
60.0%
Male
40.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.
FAQs About Private Bankers
What is the highest pay for Private Bankers?
Our data indicates that the highest pay for a Private Banker is ZARNaN / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is ZARNaN / year
How can Private Bankers increase their salary?
Increasing your pay as a Private Banker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Private Banker that oversees more junior Private Bankers, this experience can increase the likelihood to earn more.