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Axis Bank

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Axis Bank Assistant Manager 1 salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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Fixed (89%)
₹3.3 Lakhs
Variable (11%)
₹0.4 Lakh
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17% less than the average Assistant Manager 1 Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Manager 1 Salary
0 - 4 years exp. (15 salaries)
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₹2.9 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Assistant Manager 1 Salary
1 - 3 years exp. (7 salaries)
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₹2.6 L/yr - ₹4.6 L/yr

Finance & Accounting
Assistant Manager 1 Salary
0 - 3 years exp. (7 salaries)
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₹2.5 L/yr - ₹5 L/yr

IT & Information Security
Assistant Manager 1 Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4 L/yr

Sales & Business Development
Assistant Manager 1 Salary
3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.7 L/yr

Last Updated: 13 Feb 2025

Companies similar to Axis Bank for Assistant Manager 1

Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Manager 1 Salary

1 - 6 years exp. (57 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 9% less
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ICICI Bank Assistant Manager 1 Salary

0 - 4 years exp. (259 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 10% less
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₹8.1 L/yr - ₹10 L/yr

arrow icon 137% more
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Kotak Mahindra Bank Assistant Manager 1 Salary

0 - 6 years exp. (146 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 15% less
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Yes Bank Assistant Manager 1 Salary

2 - 5 years exp. (8 salaries)

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₹3.2 L/yr - ₹4.8 L/yr

arrow icon 14% more
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Federal Bank Assistant Manager 1 Salary

0 - 9 years exp. (5 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 160% more
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IDFC FIRST Bank Assistant Manager 1 Salary

2 - 7 years exp. (7 salaries)

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₹3.1 L/yr - ₹5.3 L/yr

arrow icon 12% more
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RBL Bank Assistant Manager 1 Salary

2 - 8 years exp. (6 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 8% less
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Bandhan Bank Assistant Manager 1 Salary

0 - 6 years exp. (10 salaries)

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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 8% less
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₹4.6 L/yr - ₹5.5 L/yr

arrow icon 38% more
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Bank of America Assistant Manager 1 Salary

3 - 15 years exp. (5 salaries)

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₹12.2 L/yr - ₹23 L/yr

arrow icon 349% more
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Canara Bank Assistant Manager 1 Salary

5 - 10 years exp. (4 salaries)

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₹9.5 L/yr - ₹13 L/yr

arrow icon 185% more
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₹3.8 L/yr - ₹5.5 L/yr

arrow icon 21% more
Assistant Manager 1 salary at Axis Bank ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 38 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Assistant Manager 1

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Experience wise Axis Bank Assistant Manager 1 salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹3 L/yr - ₹7 L/yr
1 year  (12 salaries)

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₹3 L/yr - ₹5 L/yr
2 years  (9 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
3 years  (10 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
4 years  (3 salaries)

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₹2.9 L/yr - ₹4.3 L/yr

Similar Designation salaries in Axis Bank

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₹2.85 L/yr - ₹4.6 L/yr
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₹4.7 L/yr - ₹10 L/yr
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₹2.2 L/yr - ₹7 L/yr
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₹2.8 L/yr - ₹12.5 L/yr
Team Manager Salary
(99 salaries)
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₹2.1 L/yr - ₹6.56 L/yr
Store Manager Salary
(4 salaries)
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₹2.3 L/yr - ₹6.14 L/yr
Branch Manager Salary
(627 salaries)
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₹6.5 L/yr - ₹23.98 L/yr
Deputy Manager Salary
(10.5k salaries)
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₹2 L/yr - ₹9 L/yr
Sales Manager Salary
(3k salaries)
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₹3 L/yr - ₹13 L/yr
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₹2.5 L/yr - ₹12 L/yr

Salary related reviews for Axis Bank

3.6

Rated by 10 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

  • Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Legal & Regulatory Department

2.0
  •  posted on 11 Dec 2024

1.0
 for  Salary and Benefits

Likes

The team is good and if you want to learn on your own

  • Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 21 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

read more
  • Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Nov 2024

2.0
 for  Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

  • Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

...entally disturbed and getting panic attacks at work. Very in human work culture. They will tell you the salary is 40k in-hand and pay you 28k, when you go back to discuss they simply put up some reason ok deductions that was never informed on the first place.

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Dislikes

Do not work here unless you want to be dragged around like an animal . I not only speak for myself but everyone that I know there. Only working in such a toxic environment to make some money for bread. And how they treat you is by throwing bread crumbs on the floor. They are the best manipulaters. Even if you are on death bed, they would want you to report to work.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Axis Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Axis Bank ?
The average salary of a Assistant Manager 1 at Axis Bank in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Assistant Manager 1 at Axis Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Manager 1 Salaries at Axis Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Axis Bank employees in India.
What is the estimated take home salary of a Assistant Manager 1 at Axis Bank in India?
The estimated take-home salary of a Assistant Manager 1 at Axis Bank in India typically ranges from ₹27,498 to ₹28,900 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Axis Bank for Assistant Manager 1 in India?
Bank of America ₹12.2 Lakhs to ₹23.0 Lakhs per year
Canara Bank ₹9.5 Lakhs to ₹13.0 Lakhs per year
Federal Bank ₹7.5 Lakhs to ₹12.0 Lakhs per year
State Bank of India ₹8.1 Lakhs to ₹10.0 Lakhs per year
AU Small Finance Bank ₹4.6 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.
What is the salary of a Assistant Manager 1 in companies similar to Axis Bank in India?
The salary of a Assistant Manager 1 at companies similar to Axis Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jana Small Finance Bank ₹3.8 Lakhs to ₹5.5 Lakhs per year
Yes Bank ₹3.2 Lakhs to ₹4.8 Lakhs per year
IDFC FIRST Bank ₹3.1 Lakhs to ₹5.3 Lakhs per year
Bandhan Bank ₹2.8 Lakhs to ₹4.5 Lakhs per year
RBL Bank ₹3.2 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Assistant Manager 1 at Axis Bank in India?
The salary growth for a Assistant Manager 1 at Axis Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Axis Bank:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹7.0 Lakhs per year
1 year ₹3.0 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.5 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.6 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Bank Assistant Manager 1 salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 38 Axis Bank latest salaries received from various employees of Axis Bank.