Axis Bank Mumbai IT Manager Salaries by 40+ Employees (Updated 2025)

1 - 12 years exp.

₹9.7 Lakhs - ₹16.3 Lakhs

Salary of majority employees

5% more than the average IT Manager Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

Engineering - Software & QA IT Manager Salary 1 - 12 years exp. (12 salaries)	₹10.5 L/yr - ₹15.5 L/yr
IT & Information Security IT Manager Salary 7 - 12 years exp. (6 salaries)	₹11.5 L/yr - ₹15.1 L/yr
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Project & Program Management IT Manager Salary 1 - 11 years exp. (5 salaries)	₹11 L/yr - ₹15 L/yr
BFSI, Investments & Trading IT Manager Salary 8 - 10 years exp. (3 salaries)	₹14 L/yr - ₹15.5 L/yr
Engineering - Hardware & Networks IT Manager Salary 4 - 6 years exp. (3 salaries)	₹9.7 L/yr - ₹16 L/yr

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Last Updated: 13 Feb 2025

Companies similar to Axis Bank for IT Manager in Mumbai

Axis Bank IT Manager Salary

1 - 12 years exp. (48 salaries)

₹9.7 L/yr - ₹16.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 1 - 11 years exp. (75 salaries)	₹5.5 L/yr - ₹19.5 L/yr 13% less
RBL Bank IT Manager Salary 1 - 9 years exp. (40 salaries)	₹4.8 L/yr - ₹14.5 L/yr 25% less
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IndusInd Bank IT Manager Salary 5 - 12 years exp. (25 salaries)	₹5.9 L/yr - ₹22.5 L/yr At par
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (18 salaries)	₹6.3 L/yr - ₹19.5 L/yr 14% less
Bank of Baroda IT Manager Salary 5 - 14 years exp. (14 salaries)	₹10 L/yr - ₹21 L/yr 16% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (11 salaries)	₹11 L/yr - ₹18.5 L/yr 5% less
AU Small Finance Bank IT Manager Salary 3 - 10 years exp. (8 salaries)	₹6.7 L/yr - ₹15.5 L/yr 11% less
Yes Bank IT Manager Salary 1 - 3 years exp. (5 salaries)	₹16.6 L/yr - ₹18 L/yr 19% more
Union Bank of India IT Manager Salary 7 - 11 years exp. (3 salaries)	₹10 L/yr - ₹13.4 L/yr 23% less

IT Manager salary at Axis Bank ranges between ₹9.7 Lakhs to ₹16.3 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 48 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank IT Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹13 L/yr - ₹25.6 L/yr
2 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.6 L/yr
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3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹11 L/yr - ₹16 L/yr
5 years (3 salaries)	₹9.7 L/yr - ₹16 L/yr
6 years (5 salaries)	₹11.3 L/yr - ₹16 L/yr
7 years (5 salaries)	₹10 L/yr - ₹16.3 L/yr
8 years (4 salaries)	₹10 L/yr - ₹15 L/yr
9 years (5 salaries)	₹10.4 L/yr - ₹15.5 L/yr
10 years (7 salaries)	₹11 L/yr - ₹15.5 L/yr
11 years (6 salaries)	₹11 L/yr - ₹25.4 L/yr
12 years (4 salaries)	₹11 L/yr - ₹15.1 L/yr

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From

IT Manager

₹

Lakhs/yr

1 - 12 years exp.

Senior Vice President

₹

Lakhs/yr

13 - 27 years exp.

IT Manager

1 - 12 years exp.

Senior Manager

2 - 21 years exp.

11% hike

Assistant Vice President

6 - 23 years exp.

52% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Bank

Deputy Manager Salary

(2.2k salaries)

₹2 L/yr - ₹9.76 L/yr

Project Manager Salary

(58 salaries)

₹6.25 L/yr - ₹24.55 L/yr

Team Lead Salary

(41 salaries)

₹2 L/yr - ₹5.8 L/yr

Operations Manager Salary

(37 salaries)

₹3.5 L/yr - ₹12 L/yr

Analyst Salary

(11 salaries)

₹3 L/yr - ₹9.64 L/yr

Technical Lead Salary

(5 salaries)

₹13 L/yr - ₹26 L/yr

Devops Engineer Salary

(4 salaries)

₹8 L/yr - ₹10 L/yr

Salary related reviews for Axis Bank

3.0

Rated by 4 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru (working remotely)

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

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

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

Salary - Bad

+3 more

Deputy Manager in Kolkata

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.

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.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

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

Salary - Poor

+3 more

Deputy Manager in Mumbai

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.

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.

Salary - Bad

+6 more

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Axis Bank IT Manager Salary FAQs

What is the salary of IT Manager at Axis Bank in Mumbai?

The average salary of a IT Manager at Axis Bank in Mumbai typically ranges from ₹9.7 Lakhs to ₹16.3 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of IT Manager in Mumbai at Axis Bank earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹16.3 Lakhs per year. IT Manager 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 40+ Axis Bank employees in India.

What is the estimated take home salary of a IT Manager at Axis Bank in Mumbai?

The estimated take-home salary of a IT Manager at Axis Bank in Mumbai typically ranges from ₹98,738 to ₹1,01,419 per month. This is based on the average salary range of ₹9.7 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from 1 year to 12 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 40+ 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 IT Manager in India?

Yes Bank	₹16.6 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda	₹10.0 Lakhs to ₹21.0 Lakhs per year
IndusInd Bank	₹5.9 Lakhs to ₹22.5 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 IT Manager in companies similar to Axis Bank in Mumbai?

The salary of a IT Manager at companies similar to Axis Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹11.0 Lakhs to ₹18.5 Lakhs per year
AU Small Finance Bank	₹6.7 Lakhs to ₹15.5 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹19.5 Lakhs per year
IDFC FIRST Bank	₹6.3 Lakhs to ₹19.5 Lakhs per year
Union Bank of India	₹10.0 Lakhs to ₹13.4 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 IT Manager at Axis Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹13.0 Lakhs to ₹25.6 Lakhs per year
2 years	₹12.0 Lakhs to ₹25.6 Lakhs per year
3 years	₹5.7 Lakhs to ₹15.0 Lakhs per year
4 years	₹11.0 Lakhs to ₹16.0 Lakhs per year

and so on.

Tell us how to improve this page.

Axis Bank IT Manager salary in Mumbai ranges between ₹9.7 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Axis Bank latest salaries received from various employees of Axis Bank.