▼31%
R465,472
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 302k
MEDIAN
ZAR 465k
90%
ZAR 570k
The average salary for a Private Banker is R465,472 in 2025
Base Salary
R302k - R570k
Bonus
R19k - R97k
Total Pay
R313k - R614k
Is Average Mid-Career Private Banker with Customer Relationship Management (CRM) Skills Salary in South Africa your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Private Bankers?
What Do Private Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
53%
Dental
11%
Vision
11%
None
47%
Gender Breakdown for Private Bankers
Female
66.7%
Male
33.3%
This data is based on 18 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 ZAR 570k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is ZAR 302k / 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.