R389,568
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 313k
MEDIAN
ZAR 390k
90%
ZAR 562k
The average salary for a Private Banker is R389,568 in 2025
Base Salary
R313k - R562k
Bonus
R13k - R51k
Total Pay
R322k - R613k
Is Average Private Banker with Customer Relationship Management (CRM) Skills Salary at Absa 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 Do Private Bankers Do?
Private Banker Tasks
- Manage full banking relationships with clients and monitor changing client needs.
- Monitor loan portfolio and resolve loan delinquencies, overdrafts, and loan and deposit maturities.
- Recommend solutions to credit problems, approve loan requests, and assist senior lenders.
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
82%
Dental
18%
Vision
18%
None
18%
Gender Breakdown for Private Bankers
Male
57.1%
Female
42.9%
This data is based on 14 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 562k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is ZAR 313k / 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.