▼40%
R533,901
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 324k
MEDIAN
ZAR 534k
90%
ZAR 614k
The average salary for a Private Banker is R533,901 in 2025
Base Salary
R324k - R614k
Bonus
R25k - R102k
Profit Sharing
R0 - R80k
Total Pay
R324k - R716k
Is Average Experienced Private Banker with Customer Relationship Management (CRM) Skills 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 Private Bankers?
What Do Private Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
67%
Dental
25%
Vision
25%
None
33%
Gender Breakdown for Private Bankers
Female
76.9%
Male
23.1%
This data is based on 13 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 614k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is ZAR 324k / 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.