Axis Bank Mumbai Procurement Manager Salaries by 8 Employees (Updated 2024)

9 - 14 years exp.

₹5 Lakhs - ₹17 Lakhs

Salary of majority employees

22% less than the average Procurement Manager Salary in Banking Companies for 9 - 14 years of experience

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Last Updated: 27 Dec 2024

Companies similar to Axis Bank for Procurement Manager in Mumbai

Axis Bank Procurement Manager Salary

9 - 14 years exp. (8 salaries)

₹5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 2% more
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (9 salaries)	₹5.5 L/yr - ₹13.2 L/yr 30% less
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Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 L/yr 34% less
Reliance Industries Procurement Manager Salary 1 - 20 years exp. (63 salaries)	₹7.4 L/yr - ₹36.4 L/yr 43% more
Larsen & Toubro Limited Procurement Manager Salary 8 - 17 years exp. (25 salaries)	₹13.8 L/yr - ₹28.8 L/yr 58% more

Procurement Manager salary at Axis Bank ranges between ₹5 Lakhs to ₹17 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Procurement Manager salaries in Mumbai

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹24.2 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹17 L/yr
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11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
13 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹20.7 L/yr

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Similar Designation salaries in Axis Bank

Senior Manager Procurement Salary

(4 salaries)

₹6 L/yr - ₹18 L/yr

Manager Strategic Sourcing Salary

(3 salaries)

₹4.8 L/yr - ₹14.5 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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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Axis Bank Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Axis Bank Mumbai?

Procurement Manager salary at Axis Bank in Mumbai ranges between ₹5.0 Lakhs to ₹17.0 Lakhs for experience between 9 years to 14 years. According to our estimates it is 22% less than the average Procurement Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Axis Bank Mumbai.

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

The average salary of a Procurement Manager at Axis Bank is 22% less than the average salary of a Procurement Manager in Mumbai. To know exact salary insights, login to view.

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

Larsen & Toubro Limited Procurement Manager Salary - ₹13.8 Lakhs to ₹28.8 Lakhs per year
Reliance Industries Procurement Manager Salary - ₹7.4 Lakhs to ₹36.4 Lakhs per year
HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year

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

ICICI Bank Procurement Manager Salary - ₹5.5 Lakhs to ₹13.2 Lakhs per year
Kotak Mahindra Bank Procurement Manager Salary - ₹5.2 Lakhs to ₹11.5 Lakhs per year

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

The estimated take-home salary of a Procurement Manager at Axis Bank ranges between ₹88,511 per month to ₹90,834 per month in Mumbai. The take-home salary calculation is based on the average Axis Bank Procurement Manager salary in India which ranges between ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at Axis Bank in Mumbai?

According to AmbitionBox, 100% of the Axis Bank Procurement Manager s in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Axis Bank Procurement Manager Salaries in Mumbai

Axis Bank Procurement Manager salary in Mumbai ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Axis Bank latest salaries received from various employees of Axis Bank.