Axis Bank Mumbai Procurement Manager Salaries by 8 Employees (Updated 2025)

9 - 14 years exp.

₹12.2 Lakhs - ₹17 Lakhs

Salary of majority employees

15% less than the average Procurement Manager Salary in Banking Companies for 9 - 14 years of experience

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Last Updated: 25 Feb 2025

Companies similar to Axis Bank for Procurement Manager in Mumbai

Axis Bank Procurement Manager Salary

9 - 14 years exp. (8 salaries)

₹12.2 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 3% less
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 37% less
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (61 salaries)	₹6.5 L/yr - ₹25.3 L/yr 9% more	1 job opening
Larsen & Toubro Limited Procurement Manager Salary 8 - 17 years exp. (28 salaries)	₹13.8 L/yr - ₹27.1 L/yr 27% more

Procurement Manager salary at Axis Bank ranges between ₹12.2 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: 25 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.2 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹17 L/yr
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11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹23.9 L/yr
12 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹22 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

Home Sales Officer in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 21 Jan 2025

5.0

for Salary and Benefits

Likes

Everything is very good, and Axis Bank is a brand with a very good name in the market.

Salary - Excellent

+6 more

Dislikes

There will have to be a little increment in the salary of the lower level employees, because there they are already from third party role, everything else is very good.

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 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

Salary - Bad

+6 more

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

Salary - Poor

+6 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 ₹12.2 Lakhs to ₹17.0 Lakhs for experience between 9 years to 14 years. According to our estimates it is 15% 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 15% 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 ₹27.1 Lakhs per year
Reliance Industries Procurement Manager Salary - ₹6.5 Lakhs to ₹25.3 Lakhs per year

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

HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
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 ₹92,470 per month to ₹94,948 per month in Mumbai. The take-home salary calculation is based on the average Axis Bank Procurement Manager salary in India which ranges between ₹12.2 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 ₹12.2 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.