Polaris Bank remains one of Nigeria’s reputable commercial banks, known for offering stable employment, growth opportunities, and competitive salaries. In this updated 2025 salary structure guide, we explore what Polaris Bank pays its employees—ranging from graduate trainees to top executives—and highlight the allowances and benefits offered to staff across different ranks.
Entry-Level Salary at Polaris Bank (2025)
1. Graduate Trainee Salary
New hires begin as graduate trainees and undergo professional training for 4 to 6 months. During this time, trainees are paid a modest monthly stipend.
- Monthly Pay: ₦35,000 – ₦50,000
- Purpose: Supports basic expenses during onboarding and training.
2. Entry-Level Staff Salary
After successful training, graduate trainees are absorbed as full-time employees.
- Monthly Salary: ₦80,000 – ₦100,000
- Roles: Customer service officers, tellers, and support staff.
Mid-Level Salary Structure at Polaris Bank (2025)
Employees who have gained experience and risen through internal promotions fall under mid-level ranks.
- Monthly Salary Range: ₦105,000 – ₦389,000
- Typical Roles: Account officers, team leads, branch support officers.
Factors such as years of experience, department, and qualifications influence the exact pay within this range.
Senior-Level Staff Salary at Polaris Bank (2025)
Senior staff and executives enjoy significantly higher pay due to their responsibilities and impact on bank operations.
- Estimated Monthly Salary: ₦7.6 million – ₦13.8 million
- Equivalent Annual Range: ₦91 million – ₦166 million
- Key Positions: Senior banking officers, departmental heads, senior managers.
Contract and Support Staff Salary
1. Contract Staff
- Monthly Salary: ₦60,000 – ₦70,000
- These staff members handle temporary or specialized tasks within the bank.
2. Marketing Officers
- Monthly Salary: ₦45,000
- Tasked with bringing in new clients and promoting bank products.
3. Cleaners and Security Guards
- Monthly Salary: ₦35,000
- These essential roles maintain security and cleanliness across branches.
Allowances and Staff Benefits at Polaris Bank
In addition to base salaries, Polaris Bank offers attractive allowances and incentives:
- Two-Phase Salary Disbursement:
70% of salary is paid mid-month, with the remaining 30% at month-end. - Health Insurance:
Covers employees and dependents with access to quality healthcare services. - Pension Contributions:
Polaris complies with national pension regulations to secure future retirement. - Performance Bonuses:
Yearly rewards based on key performance indicators (KPIs). - Professional Development:
Employees receive regular training, certifications, and promotion opportunities.
Frequently Asked Questions (FAQ)
Q1: How much does Polaris Bank pay graduate trainees in 2025?
A: Between ₦35,000 and ₦50,000 monthly.
Q2: What’s the salary for entry-level staff at Polaris Bank?
A: ₦80,000 – ₦100,000 per month.
Q3: How are salaries paid at Polaris Bank?
A: 70% is paid mid-month and 30% is paid at the end of the month.
Q4: What benefits do Polaris Bank staff receive?
A: Staff enjoy health insurance, pension, performance bonuses, and ongoing professional training.
Q5: How much do senior banking officers earn?
A: Between ₦7.6 million and ₦13.8 million per month, depending on the role.
Conclusion
Polaris Bank continues to offer competitive salaries and a wide array of allowances to attract and retain top talent in Nigeria’s banking industry. Whether you're a fresh graduate or an experienced professional, Polaris provides a career path with financial growth, stability, and professional development. If you're planning to pursue a career in banking, Polaris Bank remains a top contender for employment in 2025.
