R507,084
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 355k
MEDIAN
ZAR 507k
90%
ZAR 708k
The average salary for a Private Banker is R507,084 in 2025
Base Salary
R355k - R708k
Bonus
R29k - R79k
Profit Sharing
R0 - R98k
Total Pay
R375k - R836k
Is Average Private Banker with Customer Relationship Management (CRM) Skills Salary at Standard Bank 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
55%
Dental
27%
Vision
27%
None
45%
Gender Breakdown for Private Bankers
Female
63.6%
Male
36.4%
This data is based on 11 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 708k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is ZAR 355k / 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.