▼14%
R291,548
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 20k
MEDIAN
ZAR 292k
90%
ZAR 348k
The average salary for a Retail Banker is R291,548 in 2025
Base Salary
R20k - R348k
Bonus
R12k - R20k
Total Pay
R21k - R343k
Is Average Retail Banker Salary in South Africa your job title? Find out what you should be paid
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What is the Pay by Experience Level for Retail Bankers?
What Do Retail Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Retail Banker
Medical
67%
Dental
11%
Vision
11%
None
33%
Gender Breakdown for Retail Bankers
Female
71.4%
Male
28.6%
This data is based on 7 survey responses. Learn more about the gender pay gap.
FAQs About Retail Bankers
What is the highest pay for Retail Bankers?
Our data indicates that the highest pay for a Retail Banker is ZAR 348k / year
What is the lowest pay for Retail Bankers?
Our data indicates that the lowest pay for a Retail Banker is ZAR 20k / year
How can Retail Bankers increase their salary?
Increasing your pay as a Retail 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 Retail Banker that oversees more junior Retail Bankers, this experience can increase the likelihood to earn more.