Minimum Wage – Kerala, Private Financial Institutions

Job Title

  • Valid on October 2026
  • The amounts are in Indian Rupee (₹).

Cleaner, Sweeper, Housekeeping Assistant, Attender, Office Attendant, Messenger

Minimum wage with effect from 16 January 2020

₹10,150.00

Per month

₹400.00

VDA per month

₹12,150.00

Per month

₹500.00

Allowance per month

₹14,650.00

Total per month

Gardener, Watchman /Security Guard (Un armed)

Minimum wage with effect from 16 January 2020

₹10,750.00

Per month

₹400.00

VDA per month

₹12,750.00

Per month

₹500.00

Allowance per month

₹15,250.00

Total per month

Driver

Minimum wage with effect from 16 January 2020

₹11,500.00

Per month

₹400.00

VDA per month

₹13,500.00

Per month

₹500.00

Allowance per month

₹16,000.00

Total per month

Collection Executive, ATM Cash Loading Executive, Collection Agent, Recovery Assistant, Bill Collector, Appraiser, Security Guard (Armed)

Minimum wage with effect from 16 January 2020

₹13,250.00

Per month

₹700.00

VDA per month

₹16,750.00

Per month

₹800.00

Allowance per month

₹20,750.00

Total per month

Clerk, Junior Officer, Junior Assistant, Sales Officer, Business Development Officer, Insurance Promoter, Insurance Agent, Insurance Adviser, Junior Recovery Officer, Junior Executive, Customer Service Executive, Customer care Executive, Business Associate, Junior Credit Officer

Minimum wage with effect from 16 January 2020

₹14,750.00

Per month

₹750.00

VDA per month

₹18,500.00

Per month

₹850.00

Allowance per month

₹22,750.00

Total per month

Assistant Manager, Business Manager, Sales Development Manager, Sales Manager, Business Development Officer, Cashier-cum-Accountant, Senior Insurance Officer, Credit Officer

Minimum wage with effect from 16 January 2020

₹18,500.00

Per month

₹1,150.00

VDA per month

₹24,300.00

Per month

₹1,250.00

Allowance per month

₹30,550.00

Total per month

Branch Manager, Manager (Human Resource), Operations Head, Branch Head, Legal Assistant

Minimum wage with effect from 16 January 2020

₹20,500.00

Per month

₹1,250.00

VDA per month

₹26,750.00

Per month

₹1,400.00

Allowance per month

₹33,750.00

Total per month

Cashier, Accountant, Senior Executive, Customer Relations Executive/ Customer Relation Officer, Senior Recovery Officer, Senior Business Associate, Junior Insurance Officer, Assistant Credit Officer

Minimum wage with effect from 16 January 2020

₹16,250.00

Per month

₹850.00

VDA per month

₹20,500.00

Per month

₹950.00

Allowance per month

₹25,250.00

Total per month

Definitions

Definition of Unskilled, Semi-skilled, Skilled & Highly Skilled Workers.
(i) Unskilled:
An unskilled employee is one who does operations that involve the performance of simple duties, which require the experience of little of no independent judgment or previous experience although familiarity with the occupational environment is necessary. His work may thus require in addition to physical exertion familiarity with variety of articles or goods.
(ii) Semi-skilled:
A semiskilled worker is one who does work generally of defined routine nature wherein the major requirement is not so much of the judgment, skill and but for proper discharge of duties assigned to him or relatively narrow job and where important decisions made by others. His work is thus limited to the performance of routine operations of limited scope.
(iii) Skilled:
A skilled employee is one who is capable of working efficiently of exercising considerable independent judgement and of discharging his duties with responsibility. He must posses a thorough and comprehensive knowledge of the trade, craft or industry in which he is employed.
(iv) Highly Skilled:
A highly skilled worker is one who is capable of working efficiently and supervises efficiently the work of skilled employees.
Wages per month are calculated as 4.33 times if a weekly wage is defined. It is calculated as 4.33 times the standard hours per week if an hourly wage is given.

Minimum Wage Profiles by Country

Detailed country information on minimum wage policies, legislation, and institutional frameworks.

  • India has a statutory minimum wage
    yes
  • India has a single minimum wage rate applicable to the entire dependent workforce
    no
  • India has multiple minimum wage rates, jointly applicable to the entire dependent workforce
    no
  • India defines most minimum wage rates by geographical areas
    yes
  • India defines most minimum wage rates by job roles
    yes
  • India defines most minimum wage rates by industries
    yes
  • India defines most minimum wage rates by workers' skill levels
    yes
  • India defines minimum wage rates for Economic Processing Zones (EPZ) or similar
    yes
  • India defines minimum wage rates for youth age groups
    yes
  • India defines minimum wage rates for small firms
    yes
  • India defines minimum wage rates for domestic workers
    yes
  • India defines minimum wage rates for agricultural workers
    yes
  • India defines minimum wage rates for piece rate workers
    yes
  • India defines minimum wage rates as net rates
    no
  • India has on average adjusted minimum wage rates at least once per year since 2020
    yes
  • India defines minimum wage rates per hour
    yes
  • India defines minimum wage rates per week
    no
  • India defines minimum wage rates per month
    yes
  • India defines minimum wage rates per year
    yes

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Disclaimer

The Minimum Wage tool is powered by WageIndicator’s data. Although our datasets are cleaned, scientifically checked and benchmarked, no responsibility can be taken for 100% accuracy. The information and data displayed are not necessarily comprehensive, complete, accurate or up to date at all times. Using the data from the Minimum Wage tool is at the user’s own risk.