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Axis Bank

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Axis Bank Manager M1 salaries in Mumbai

Annual salary range
5 - 12 years exp.
₹6 Lakhs - ₹10.6 Lakhs
Salary of majority employees
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19% less than the average Manager M1 Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
5 - 9 years exp. (6 salaries)
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₹7.3 L/yr - ₹9.5 L/yr

Risk Management & Compliance
Manager M1 Salary
6 - 12 years exp. (3 salaries)
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₹9.1 L/yr - ₹10.4 L/yr

Customer Success, Service & Operations
Manager M1 Salary
9 - 12 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹10.6 L/yr

Sales & Business Development
Manager M1 Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹8.2 L/yr - ₹9.2 L/yr

Finance & Accounting
Manager M1 Salary
10 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10 L/yr

Last Updated: 2 Feb 2025

Companies similar to Axis Bank for Manager M1 in Mumbai

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Axis Bank Manager M1 Salary

5 - 12 years exp. (17 salaries)

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₹6 L/yr - ₹10.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager M1 Salary

5 - 13 years exp. (26 salaries)

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₹6 L/yr - ₹13.3 L/yr

arrow icon 1% less
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ICICI Bank Manager M1 Salary

1 - 17 years exp. (502 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 18% more
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Kotak Mahindra Bank Manager M1 Salary

2 - 12 years exp. (16 salaries)

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₹3.4 L/yr - ₹8.8 L/yr

arrow icon 33% less
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IndusInd Bank Manager M1 Salary

4 - 9 years exp. (7 salaries)

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₹5.7 L/yr - ₹8.8 L/yr

arrow icon 24% less
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Yes Bank Manager M1 Salary

2 - 10 years exp. (6 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 16% less
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IDFC FIRST Bank Manager M1 Salary

6 - 12 years exp. (6 salaries)

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₹5.5 L/yr - ₹8.5 L/yr

arrow icon 20% less
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RBL Bank Manager M1 Salary

5 - 15 years exp. (7 salaries)

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₹6.8 L/yr - ₹9.2 L/yr

arrow icon 9% less
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Bandhan Bank Manager M1 Salary

9 - 11 years exp. (3 salaries)

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₹7.2 L/yr - ₹9.5 L/yr

arrow icon 7% less
Manager M1 salary at Axis Bank ranges between ₹6 Lakhs to ₹10.6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 17 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Manager M1 in Mumbai

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12 years exp.
4mo ago
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9 years exp.
5mo ago
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10 years exp.
10mo ago
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12 years exp.
11mo ago
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6 years exp.
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11 years exp.
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9 years exp.
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6 years exp.
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8 years exp.
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9 years exp.

Experience wise Axis Bank Manager M1 salaries in Mumbai

Last Updated: 2 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹9 L/yr
6 years  (3 salaries)

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₹7.3 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹16.1 L/yr
9 years  (5 salaries)

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₹6 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Axis Bank

Deputy Manager Salary
(2.2k salaries)
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₹2 L/yr - ₹11.59 L/yr
Project Manager Salary
(58 salaries)
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₹6.25 L/yr - ₹24.55 L/yr
Program Manager Salary
(44 salaries)
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₹9 L/yr - ₹24 L/yr
Team Lead Salary
(32 salaries)
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₹2 L/yr - ₹5.8 L/yr
Service Manager Salary
(10 salaries)
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₹3.45 L/yr - ₹11.2 L/yr
Team Manager Salary
(8 salaries)
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₹3.1 L/yr - ₹10.5 L/yr
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₹6.5 L/yr - ₹12 L/yr
Area Manager Salary
(4 salaries)
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₹11.4 L/yr - ₹14.98 L/yr

Salary related reviews for Axis Bank

4.0

Rated by 3 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

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  • 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 Manager M1 Salary FAQs

What is the salary of Manager M1 at Axis Bank Mumbai?
Manager M1 salary at Axis Bank in Mumbai ranges between ₹6.0 Lakhs to ₹10.6 Lakhs for experience between 5 years to 12 years. According to our estimates it is 19% less than the average Manager M1 Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Axis Bank Mumbai.
How does the salary of a Manager M1 at Axis Bank Mumbai compare with the average salary range for this job?
The average salary of a Manager M1 at Axis Bank is 19% less than the average salary of a Manager M1 in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Axis Bank to a Manager M1 in Mumbai?
  • ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Manager M1 in companies similar to Axis Bank in Mumbai?
  • HDFC Bank Manager M1 Salary - ₹6.0 Lakhs to ₹13.3 Lakhs per year
  • Bandhan Bank Manager M1 Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year
  • RBL Bank Manager M1 Salary - ₹6.8 Lakhs to ₹9.2 Lakhs per year
  • Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
  • IDFC FIRST Bank Manager M1 Salary - ₹5.5 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Manager M1 at Axis Bank in Mumbai?
The estimated take-home salary of a Manager M1 at Axis Bank ranges between ₹65,682 per month to ₹67,359 per month in Mumbai. The take-home salary calculation is based on the average Axis Bank Manager M1 salary in India which ranges between ₹6.0 Lakhs to ₹10.6 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at Axis Bank in Mumbai?
According to AmbitionBox, 81% of the Axis Bank Manager M1s in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Axis Bank Manager M1 salary in Mumbai ranges between ₹6 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Axis Bank latest salaries received from various employees of Axis Bank.