Axis Bank Manager M1 Salaries by 100+ Employees (Updated 2025)

5 - 14 years exp.

₹4.2 Lakhs - ₹12 Lakhs

Salary of majority employees

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31% less than the average Manager M1 Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 5 - 13 years exp. (68 salaries)	Unlock ₹4.2 L/yr - ₹10.4 L/yr
Customer Success, Service & Operations Manager M1 Salary 5 - 14 years exp. (40 salaries)	Unlock ₹5.9 L/yr - ₹10.6 L/yr
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Sales & Business Development Manager M1 Salary 6 - 14 years exp. (15 salaries)	Unlock ₹4.4 L/yr - ₹12 L/yr
Finance & Accounting Manager M1 Salary 5 - 12 years exp. (10 salaries)	Unlock ₹5.6 L/yr - ₹10 L/yr
Risk Management & Compliance Manager M1 Salary 6 - 12 years exp. (5 salaries)	Unlock ₹6.5 L/yr - ₹10.4 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Axis Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 5 - 14 years exp. (148 salaries)	Unlock ₹5 L/yr - ₹13.3 L/yr 3% more
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr 28% more
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State Bank of India Manager M1 Salary 10 - 14 years exp. (3 salaries)	Unlock ₹20 L/yr - ₹36 L/yr 223% more
Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (42 salaries)	Unlock ₹3 L/yr - ₹10 L/yr 27% less
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (44 salaries)	Unlock ₹3.5 L/yr - ₹8.8 L/yr 20% less
Yes Bank Manager M1 Salary 1 - 13 years exp. (35 salaries)	Unlock ₹5.5 L/yr - ₹10.1 L/yr 6% less
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr 10% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	Unlock ₹5.7 L/yr - ₹11.9 L/yr 4% less
Bandhan Bank Manager M1 Salary 9 - 13 years exp. (10 salaries)	Unlock ₹7.2 L/yr - ₹9.5 L/yr 3% more
AU Small Finance Bank Manager M1 Salary 2 - 13 years exp. (37 salaries)	Unlock ₹3.6 L/yr - ₹11 L/yr 11% less
Standard Chartered Manager M1 Salary 5 - 10 years exp. (6 salaries)	Unlock ₹6.9 L/yr - ₹10 L/yr 14% more
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Bank of Baroda Manager M1 Salary 7 - 10 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹10.5 L/yr 13% more
Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹6.5 L/yr 25% less

Manager M1 salary at Axis Bank ranges between ₹4.2 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 165 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Manager M1

2d ago

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6 years exp.

1w ago

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9 years exp.

3w ago

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9 years exp.

1mo ago

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9 years exp.

1mo ago

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12 years exp.

2mo ago

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6 years exp.

2mo ago

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8 years exp.

2mo ago

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6 years exp.

2mo ago

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10 years exp.

2mo ago

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10 years exp.

Experience wise Axis Bank Manager M1 salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
5 years (15 salaries)	Unlock ₹5.1 L/yr - ₹9 L/yr
6 years (28 salaries)	Unlock ₹4.4 L/yr - ₹11 L/yr
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7 years (25 salaries)	Unlock ₹4.2 L/yr - ₹10.4 L/yr
8 years (23 salaries)	Unlock ₹5.2 L/yr - ₹9.6 L/yr
9 years (24 salaries)	Unlock ₹5.9 L/yr - ₹10.6 L/yr
10 years (19 salaries)	Unlock ₹6 L/yr - ₹10 L/yr
11 years (13 salaries)	Unlock ₹6.2 L/yr - ₹10.4 L/yr
12 years (10 salaries)	Unlock ₹6.6 L/yr - ₹12 L/yr
13 years (5 salaries)	Unlock ₹6.9 L/yr - ₹9.9 L/yr
14 years (3 salaries)	Unlock ₹7.6 L/yr - ₹15.6 L/yr

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Similar Designation salaries in Axis Bank

Team Manager Salary

(99 salaries)

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₹2.1 L/yr - ₹6.65 L/yr

Area Manager Salary

(144 salaries)

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₹4.45 L/yr - ₹14.5 L/yr

Store Manager Salary

(4 salaries)

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₹2.3 L/yr - ₹6.14 L/yr

Team Lead Salary

(286 salaries)

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₹1.5 L/yr - ₹8 L/yr

Branch Manager Salary

(323 salaries)

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₹6.19 L/yr - ₹23 L/yr

Deputy Manager Salary

(10.5k salaries)

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₹2 L/yr - ₹8.7 L/yr

Program Manager Salary

(71 salaries)

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₹9 L/yr - ₹24 L/yr

Project Manager Salary

(93 salaries)

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₹6.5 L/yr - ₹26.71 L/yr

Cluster Manager Salary

(78 salaries)

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₹4.7 L/yr - ₹15.47 L/yr

Service Manager Salary

(44 salaries)

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₹3.17 L/yr - ₹11.28 L/yr

Salary related reviews for Axis Bank

3.5

Rated by 25 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 Manager M1 Salary FAQs

What is the salary of Manager M1 at Axis Bank?

Manager M1 salary at Axis Bank in India ranges between ₹4.2 Lakhs to ₹12.0 Lakhs for experience between 5 years to 14 years. According to our estimates it is 31% less than the average Manager M1 Salary in India. Salary estimates are based on 165 latest salaries received from various employees of Axis Bank India.

How does the salary of a Manager M1 at Axis Bank India compare with the average salary range for this job?

The average salary of a Manager M1 at Axis Bank is 31% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Bank to a Manager M1 in India?

State Bank of India Manager M1 Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Standard Chartered Manager M1 Salary - ₹6.9 Lakhs to ₹10.0 Lakhs per year
Bank of Baroda Manager M1 Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
Bandhan Bank Manager M1 Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Manager M1 in companies similar to Axis Bank in India?

HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
RBL Bank Manager M1 Salary - ₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
IDFC FIRST Bank Manager M1 Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
AU Small Finance Bank Manager M1 Salary - ₹3.6 Lakhs to ₹11.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at Axis Bank in India?

The estimated take-home salary of a Manager M1 at Axis Bank ranges between ₹59,328 per month to ₹60,826 per month in India. The take-home salary calculation is based on the average Axis Bank Manager M1 salary in India which ranges between ₹4.2 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Axis Bank?

According to AmbitionBox, 75% of the Axis Bank Manager M1s reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 152 responses on AmbitionBox in last 2 years.

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Axis Bank Manager M1 Salaries by Location

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Axis Bank Manager M1 Salaries

Axis Bank Manager M1 salary in India ranges between ₹4.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 165 Axis Bank latest salaries received from various employees of Axis Bank.

Axis Bank Manager M1 salaries in India (Updated 2025)

Companies similar to Axis Bank for Manager M1

Latest annual salaries shared by Axis Bank Manager M1

Experience wise Axis Bank Manager M1 salaries

Similar Designation salaries in Axis Bank

Salary related reviews for Axis Bank

Deputy Manager in Bangalore / Bengaluru (working remotely)

Deputy Manager in Lucknow

Deputy Manager in Kolkata

Deputy Manager in Noida

Deputy Manager in Mumbai

Axis Bank Manager M1 Salary FAQs

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