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Axis Bank Operations Manager salaries in India (Updated 2025)

Annual salary range
3 - 14 years exp.
₹2.8 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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29% less than the average Operations Manager Salary in Banking Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
3 - 14 years exp. (216 salaries)
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₹3.3 L/yr - ₹12.5 L/yr

Customer Success, Service & Operations
Operations Manager Salary
3 - 14 years exp. (119 salaries)
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₹3 L/yr - ₹12.5 L/yr

Finance & Accounting
Operations Manager Salary
3 - 14 years exp. (24 salaries)
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₹4 L/yr - ₹10 L/yr

Last Updated: 20 Mar 2025

Companies similar to Axis Bank for Operations Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Operations Manager Salary

0 - 18 years exp. (704 salaries)

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₹3 L/yr - ₹13 L/yr

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ICICI Bank Operations Manager Salary

0 - 13 years exp. (510 salaries)

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₹2.6 L/yr - ₹11.5 L/yr

arrow icon 11% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (256 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 13% less
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (191 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 4% less
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IndusInd Bank Operations Manager Salary

1 - 14 years exp. (164 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 24% less
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Yes Bank Operations Manager Salary

2 - 16 years exp. (154 salaries)

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₹3.5 L/yr - ₹13 L/yr

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AU Small Finance Bank Operations Manager Salary

1 - 12 years exp. (145 salaries)

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₹1.5 L/yr - ₹9 L/yr

arrow icon 40% less
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Deutsche Bank Operations Manager Salary

8 - 14 years exp. (106 salaries)

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₹6.1 L/yr - ₹18 L/yr

arrow icon 60% more
1 job opening
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Bank of America Operations Manager Salary

10 - 18 years exp. (89 salaries)

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₹9.4 L/yr - ₹29.4 L/yr

arrow icon 127% more
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RBL Bank Operations Manager Salary

4 - 13 years exp. (86 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 12% less
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Operations Manager salary at Axis Bank ranges between ₹2.8 Lakhs to ₹12.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 465 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Operations Manager

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Experience wise Axis Bank Operations Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
3 years  (16 salaries)

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₹3 L/yr - ₹5.8 L/yr
4 years  (26 salaries)

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₹2.8 L/yr - ₹8 L/yr
5 years  (47 salaries)

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₹3.3 L/yr - ₹9 L/yr
6 years  (37 salaries)

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₹3 L/yr - ₹9.5 L/yr
7 years  (47 salaries)

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₹2.8 L/yr - ₹10.7 L/yr
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Axis Bank Operations Manager Salary and Career Growth

From

To

Operations Manager

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3 - 14 years exp.

Cluster Head

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12 - 22 years exp.

Operations Manager 3 - 14 years exp.
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Branch Head 9 - 24 years exp.
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arrow icon 109% hike
    Cluster Head 12 - 22 years exp.
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    arrow icon 40% 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.

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    Service Manager Salary
    (45 salaries)
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    Branch Manager Salary
    (627 salaries)
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    ₹6.5 L/yr - ₹24 L/yr
    Area Manager Salary
    (147 salaries)
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    ₹4.46 L/yr - ₹14.5 L/yr
    Deputy Manager Salary
    (10.5k salaries)
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    ₹2 L/yr - ₹9 L/yr
    Program Manager Salary
    (71 salaries)
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    ₹9 L/yr - ₹24 L/yr

    Top skills at Axis Bank for Operations Manager

    Finacle Loans Regulatory Compliance Reconciliation Concurrent Audit Banking Customer Service Retail Personal Loans Banking Software Retail Lending Branch Banking Customer Engagement SME Stock Audit

    Salary related reviews for Axis Bank

    3.5

    Rated by 177 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 07 May 2023

    4.0
     for  Salary and Benefits

    Likes

    Work Culture, Work life balance, learning opportunities, Average/Manageable pressure from Seniors, Fast growing Bank, Giving job opportunities to Freshers, Attractive Incentive for Sales Person. Good Bonus for Manager and above grades. If your performance is good you can get promotion in 2nd appraisal cycle.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    Manual System for Daily Routine Work due to which chances of errors are high, Very Low Salary at Ofrole grade and no bonus for them. For onrole grades upto Manager (AM,DM), Annual Performance Bonus is on the lower side at 3 rating it's 40k for AM and 55k for DM. In grade promotion hike given is around 18% which should be minimum 20-25%. Bank takes 3 appraisal cycle a grade promotion for Average performer.

    read more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 12 Oct 2023

    1.0
     for  Salary and Benefits

    Likes

    I liked the way customers have had a vwry good relationship with me. They still call me and I really miss my customers.

    Dislikes

    Salary was too low. Being an operation head and receiving such low salary was very disappointing. Timings for female employees. Nobody understands that women staff needs to go home early specially who has small kids waiting at home. Leaving late night at 8pm and sometimes 9 oclk really made me sacrifice my job. It was so difficult to do work where your seniors keep scolding you and make you feel annoyed. Instead of helping and motivating they really make you feel bad thus leading to leave my job. 10 years of experience and had to leave a job just because all of this makes me feel sad. I still miss my job and when I asked for WFH job nobody bothered. Even when I asked for early relieving since I had a small child at home nobody helped me neither HR nor my seniors. Very much disappointed that giving my entire life to Axis and in return received nothing.

    read more
    • Salary - Bad
    • +3 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 27 Dec 2021

    2.0
     for  Salary and Benefits

    Likes

    One can join this bank for job security but not for career growth as there is not proper compensation for employees,corporate politics has its own value in the organisation as only those get uplifted who contribute in politics and ....there is special recognition for female employees as they have better chances for their career growth comparing to their male counterpart.

    read more
    • Job security - Good

    Dislikes

    Corporate politics,no proper growth ,working as insurance company not as a banking company as company is not giving due attention to its core products and above all company bosses whether at branch levels/cluster/circle level all are considering themselves as supreme which creatrs a anarchy environment among employees in short employees career are ruin by their respective bosses.

    read more
    • Salary - Poor
    • +3 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 24 Mar 2021

    2.0
     for  Salary and Benefits

    Likes

    Nothing

    Dislikes

    Compensation is low, but growth is very slow. The work pressure is very high. Maximum time I have to work 10-13 hours straight in a day I have to attend client calls in the evening and sometimes late into the night. I am doing good sales and Operations and won many contests and client appreciations but they mostly go unnoticed during my appraisals.

    read more
    • Salary - Poor
    • +5 more

    BFSI, Investments & Trading Department

    2.0
      •  posted on 28 Mar 2021

    1.0
     for  Salary and Benefits

    Dislikes

    No training provided. No work life balance. Salary differs with offer letter. Lot of unknown components in salary. Difficult to avail leave. HR policies are also worse. Operations team is a group of glorified life insurance agents.

    read more
    • Salary - Bad
    • +5 more
    see more salary related reviews

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    Axis Bank Operations Manager Salary FAQs

    What is the salary of Operations Manager at Axis Bank ?
    The average salary of a Operations Manager at Axis Bank in India typically ranges from ₹2.8 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 3 years to 14 years).

    The top 10% of Operations Manager at Axis Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Operations 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 400+ Axis Bank employees in India.
    What is the estimated take home salary of a Operations Manager at Axis Bank in India?
    The estimated take-home salary of a Operations Manager at Axis Bank in India typically ranges from ₹57,167 to ₹58,603 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 3 years to 14 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 400+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Operations Manager at Axis Bank ?
    To be a Operations Manager at Axis Bank in india, the key skills required include:

    • - Finacle
    • - Loans
    • - Regulatory Compliance
    • - Reconciliation
    • - Concurrent Audit

    These skills are highly valued at Axis Bank and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Axis Bank for Operations Manager in India?
    Sberbank Branch in India ₹13.1 Lakhs to ₹22.0 Lakhs per year
    Bank of America ₹9.4 Lakhs to ₹29.4 Lakhs per year
    Standard Chartered ₹7.2 Lakhs to ₹27.4 Lakhs per year
    State Bank of India ₹12.0 Lakhs to ₹20.0 Lakhs per year
    Union Bank of India ₹10.0 Lakhs to ₹20.0 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 Operations Manager in companies similar to Axis Bank in India?
    The salary of a Operations Manager at companies similar to Axis Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    NatWest Markets ₹9.8 Lakhs to ₹18.1 Lakhs per year
    Karnataka Bank ₹5.0 Lakhs to ₹20.0 Lakhs per year
    Bank of Baroda ₹10.0 Lakhs to ₹18.0 Lakhs per year
    Canara Bank ₹12.0 Lakhs to ₹13.5 Lakhs per year
    Barclays ₹5.4 Lakhs to ₹19.8 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 Operations Manager at Axis Bank in India?
    The salary growth for a Operations Manager at Axis Bank depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Axis Bank:

    Experience Average Salary Range
    3 years ₹3.0 Lakhs to ₹5.8 Lakhs per year
    4 years ₹2.8 Lakhs to ₹8.0 Lakhs per year
    5 years ₹3.3 Lakhs to ₹9.0 Lakhs per year
    6 years ₹3.0 Lakhs to ₹9.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Axis Bank Operations Manager salary in India ranges between ₹2.8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 465 Axis Bank latest salaries received from various employees of Axis Bank.