Allahabad Bank Chennai Manager Salaries by 2 Employees

6 - 7 years exp.

₹8.4 Lakhs - ₹10.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 17 Nov 2023

Companies similar to Allahabad Bank for Manager in Chennai

Allahabad Bank Manager Salary

6 - 7 years exp. (AmbitionBox Estimate)

₹8.4 L/yr - ₹10.8 L/yr

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Equitas Small Finance Bank Manager Salary 4 - 15 years exp. (62 salaries)	₹4.1 L/yr - ₹15.7 L/yr 5% less
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Federal Bank Manager Salary 3 - 12 years exp. (32 salaries)	₹9 L/yr - ₹23 L/yr 73% more
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Indian Overseas Bank Manager Salary 9 - 13 years exp. (24 salaries)	₹9 L/yr - ₹20 L/yr 62% more
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Barclays Manager Salary 7 - 15 years exp. (24 salaries)	₹8.8 L/yr - ₹19 L/yr 59% more
Bank of America Manager Salary 5 - 16 years exp. (22 salaries)	₹11 L/yr - ₹32 L/yr 153% more	3 job openings
Jana Small Finance Bank Manager Salary 4 - 13 years exp. (20 salaries)	₹3 L/yr - ₹8 L/yr 35% less
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Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 56% more
Central Bank of India Manager Salary 7 - 11 years exp. (6 salaries)	₹8.4 L/yr - ₹16 L/yr 36% more
Ujjivan Small Finance Bank Manager Salary 4 - 10 years exp. (6 salaries)	₹5 L/yr - ₹8.3 L/yr 22% less
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Manager salary at Allahabad Bank ranges between ₹8.4 Lakhs to ₹10.8 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Allahabad Bank.

Salary related reviews for Allahabad Bank

5.0

Rated by 1 employees for salary & benefits

Manager

All type works Department

4.0

• posted on 13 May 2019

3.0

for Salary and Benefits

Likes

...tive where one can update his knowledge and clear his doubt whenever he want . Customer Satisfaction is above average ( Compared to other Government sector bank) Which is a good thing Salary is Comparable to Other government bank ( Except SBI , Where one gets Slightly higher salary for same post)

Skill development - Excellent

+5 more

Dislikes

One Gets mastery over certain if one works on that things gets exposure to it gets proper training but to again learn new things one must again get exposure to that works , here we have a problem if one does not gets exposure to higher level of advance or Loans due to posting bias ,

Manager in Lucknow

BFSI, Investments & Trading Department

1.0

• posted on 28 Jan 2019

2.0

for Salary and Benefits

Likes

Nothing much to celebrate other than timely salary.

Dislikes

no work-culture, horrible personnel management, caste and region politics, no innovative products,poor technological platforms.. the bank need an entire reboot.

Salary - Poor

+5 more

Retired Branch Manager

Inspection and audit Department

5.0

• posted on 14 Mar 2018

4.0

for Salary and Benefits

Likes

...r and worked in various deptt including branch head of large branches in delhi .salary drawn last is rs 1.00 lacs approx andwork environment is good

Salary - Good

+6 more

Dislikes

While working in very very large branches undersigned has to sit late even coming to the bank on sunday

Swo in Bhubaneswar

Other Department

4.0

• posted on 06 Jun 2020

1.0

for Salary and Benefits

Likes

It not good to work in public sector banks now a days as u will wounder why have they hired u... For marketing or be a recovery agent or anything management wish to do with u. No specific job description and no specified working hour.

Job security - Excellent

Dislikes

No specified job role and working hour even top management will call u on holiday to work with a threat to transfer

Salary - Bad

+2 more

CAR Driver

Other Department

5.0

• posted on 22 Jan 2020

3.0

for Salary and Benefits

Likes

I worked there for 14 years as a temporary driver. It was not a permanent job and the income was very low.The environment of the office was very good.

Skill development - Good

+2 more

Dislikes

I does not like some people who were the owner's servant.They were treated me very bad.

Job security - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Allahabad Bank Manager Salary FAQs

How the salary growth look like for a Manager at Allahabad Bank in Chennai?

The salary growth for a Manager at Allahabad Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Manager in Chennai can expect the following growth trajectory at Allahabad Bank:

Experience	Average Salary Range
6 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
7 years	₹8.4 Lakhs to ₹10.8 Lakhs per year

and so on.

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Allahabad Bank Manager Salaries in Chennai

Allahabad Bank Manager salary in Chennai ranges between ₹8.4 Lakhs to ₹10.8 Lakhs. This is an estimate based on latest salaries received from employees of Allahabad Bank.