Axis Bank Procurement Manager Salaries by 10+ Employees (Updated 2024)

5 - 14 years exp.

₹6 Lakhs - ₹15 Lakhs

Salary of majority employees

27% less than the average Procurement Manager Salary in Banking Companies for 5 - 14 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Axis Bank for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 12% more
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (13 salaries)	₹5.5 L/yr - ₹18.1 L/yr 1% more
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Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 L/yr 27% less
Bandhan Bank Procurement Manager Salary 11 - 13 years exp. (4 salaries)	₹5.7 L/yr - ₹10.2 L/yr 31% less
Standard Chartered Procurement Manager Salary 5 - 14 years exp. (4 salaries)	₹10 L/yr - ₹16 L/yr 17% more
Bank of America Procurement Manager Salary 8 - 9 years exp. (3 salaries)	₹13 L/yr - ₹15 L/yr 24% more
Barclays Procurement Manager Salary 6 - 12 years exp. (3 salaries)	₹9.1 L/yr - ₹14 L/yr 6% more

Procurement Manager salary at Axis Bank ranges between ₹6 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Procurement Manager salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11 L/yr - ₹20.6 L/yr
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹13 L/yr
10 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹20.3 L/yr
14 years (3 salaries)	₹11 L/yr - ₹20.3 L/yr

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Similar Designation salaries in Axis Bank

Commercial Manager Salary

(7 salaries)

₹4.3 L/yr - ₹12 L/yr

Senior Manager Procurement Salary

(4 salaries)

₹6 L/yr - ₹18 L/yr

Supply Chain Manager Salary

(4 salaries)

₹6.5 L/yr - ₹14 L/yr

Logistics jobs Salary

(3 salaries)

₹1 L/yr - ₹3 L/yr

Manager Strategic Sourcing Salary

(3 salaries)

₹4.8 L/yr - ₹14.5 L/yr

Counsellor Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Depot Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Commercial Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Assistant Manager Supply Chain Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Inventory Analyst Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Salary related reviews for Axis Bank

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.

Dislikes

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

Deputy Manager II in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2024

1.0

for Salary and Benefits

Likes

Worst

Dislikes

...s based on Bengaluru location takes the fee on 2.8 lakh.... And give the loan... After paying the fee that person automatically sticked on the bank... Then a arts torture... Account...life insurance... Health insurance.... Axis direct ( d mat account)... Loans... Mutual funds... Pention schemes... Fixed deposits.... Total sales.... And 11.30hrs working timings.... Every day every hr .. every mn... every sec pressure pressure..... In case wants do the resign.... But you pay the 2.8 lakh fee... That is bigg money in poor families.... How they face there family.... That is the bank plan

Senior Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

On time salary payment.

Dislikes

It's a manager driven company. No value for HR and they don't follow terms and conditions. If manager decided to sack the employee they will do it. They tranfer you any branch and they don't even consult with the employee before

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.

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

Product Manager in Mumbai

Full Time

Product Management Department

1.0

• posted on 17 Oct 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about i Axis Bank. Total toxic work culture and biased promotion and compensation policies.

Dislikes

...me college graduates are given preference in promotion even if they do nothing). No equal work equal pay policy. Some college graduates are hired as senior even when they know nothing and are paid 2-3 times more. Yes you read it right. HR are unresponsive and useless. No resolution is provided on toxic management, work culture or other issues.

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What people are saying about Axis Bank

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a senior manager

Want to switch to MNC...need help

Hi, need help.currently I am employed with Axis Bank. I am an ex Citibanker. I am not liking the axis Bank culture at all..kindly advise how to switch from a bank to MNC companies...I don't have contacts and want to make my career in MNC company. Current package is 14.4 additionally bonus and all contributes to overall package to 17.3. Can anybody help me getting a job in company like Genpact, concentrix etc.

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Axis Bank Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Axis Bank?

Procurement Manager salary at Axis Bank in India ranges between ₹6.0 Lakhs to ₹15.0 Lakhs for experience between 5 years to 14 years. According to our estimates it is 27% less than the average Procurement Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Axis Bank India.

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

The average salary of a Procurement Manager at Axis Bank is 27% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

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

Bank of America Procurement Manager Salary - ₹13.0 Lakhs to ₹15.0 Lakhs per year
Standard Chartered Procurement Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
Barclays Procurement Manager Salary - ₹9.1 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Procurement Manager Salary - ₹5.5 Lakhs to ₹18.1 Lakhs per year

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

Kotak Mahindra Bank Procurement Manager Salary - ₹5.2 Lakhs to ₹11.5 Lakhs per year
Bandhan Bank Procurement Manager Salary - ₹5.7 Lakhs to ₹10.2 Lakhs per year

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

The estimated take-home salary of a Procurement Manager at Axis Bank ranges between ₹81,037 per month to ₹83,149 per month in India. The take-home salary calculation is based on the average Axis Bank Procurement Manager salary in India which ranges between ₹6.0 Lakhs to ₹15.0 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 Procurement Manager at Axis Bank?

According to AmbitionBox, 100% of the Axis Bank Procurement Manager s reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Axis Bank Procurement Manager Salaries

Axis Bank Procurement Manager salary in India ranges between ₹6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Axis Bank latest salaries received from various employees of Axis Bank.