Bandhan Bank Manager M1 Salaries by 10 Employees (Updated 2025)

9 - 13 years exp.

₹7.2 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Manager M1 Salary in Banking Companies for 9 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 10 - 11 years exp. (3 salaries)	₹8.2 L/yr - ₹9.5 L/yr
Customer Success, Service & Operations Manager M1 Salary 9 - 12 years exp. (3 salaries)	₹6.9 L/yr - ₹8.2 L/yr
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Finance & Accounting Manager M1 Salary 9 - 12 years exp. (3 salaries)	₹7.2 L/yr - ₹8.1 L/yr

Last Updated: 15 Feb 2025

Companies similar to Bandhan Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 5 - 14 years exp. (148 salaries)	₹5 L/yr - ₹13.3 L/yr At par
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.6k salaries)	₹4.5 L/yr - ₹15 L/yr 24% more
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Axis Bank Manager M1 Salary 5 - 14 years exp. (164 salaries)	₹4.2 L/yr - ₹12 L/yr 5% less
Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (42 salaries)	₹3 L/yr - ₹10 L/yr 29% less
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (44 salaries)	₹3.5 L/yr - ₹8.8 L/yr 22% less
Yes Bank Manager M1 Salary 1 - 13 years exp. (35 salaries)	₹5.5 L/yr - ₹10.1 L/yr 9% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	₹5.7 L/yr - ₹11.9 L/yr 7% less
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	₹5 L/yr - ₹9.5 L/yr 12% less
IDBI Bank Manager M1 Salary 5 - 14 years exp. (5 salaries)	₹13.5 L/yr - ₹20 L/yr 114% more
Karur Vysya Bank Manager M1 Salary 6 - 12 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 13% less
Bank of Baroda Manager M1 Salary 7 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹10.5 L/yr 9% more
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Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 28% less
Ujjivan Small Finance Bank Manager M1 Salary 5 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 35% less

Manager M1 salary at Bandhan Bank ranges between ₹7.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Bandhan Bank.

Experience wise Bandhan Bank Manager M1 salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹9.5 L/yr
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11 years (3 salaries)	₹7.2 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.4 L/yr

Similar Designation salaries in Bandhan Bank

Team Manager Salary

(16 salaries)

₹4.92 L/yr - ₹12 L/yr

Area Manager Salary

(349 salaries)

₹2.4 L/yr - ₹9.96 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Team Lead Salary

(13 salaries)

₹2.4 L/yr - ₹8.43 L/yr

Branch Manager Salary

(450 salaries)

₹3.57 L/yr - ₹18.64 L/yr

Deputy Manager Salary

(1.5k salaries)

₹2.45 L/yr - ₹7.5 L/yr

Program Manager Salary

(3 salaries)

₹9.1 L/yr - ₹15 L/yr

Project Manager Salary

(21 salaries)

₹4 L/yr - ₹15.84 L/yr

Cluster Manager Salary

(11 salaries)

₹2.84 L/yr - ₹10 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Bandhan Bank

4.4

Rated by 3 employees for salary & benefits

Deputy Manager in Guwahati

Full Time

Sales & Business Development Department

1.0

• posted on 09 Dec 2024

1.0

for Salary and Benefits

Likes

Absolutely Nothing

Dislikes

...ionals of a bank should be qualified enough to carry the dignity of the same. 5. Salary- The amount of baggage you will be carrying is nothing compared to your salary. 6. Products- You can not compete with Bandhan’s product with other banks except FDs 7. Attendance- Sign in & Sign out is compulsory, even if you’re at a customer call at 7 PM , you have to come back to office to sign out from the system. This may vary from branch to branch. There are a lot more than these , just nobody should join bandhan bank, at least those people who actually wants to work at a bank.

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 03 Jul 2024

1.0

for Salary and Benefits

Likes

Worst bank to work with. April bonus is due more than 3 months now but seems no sign of bonus payment yet. Even if someone gets 30% hike i recommend not join Bhandhan bank. Employee turnover is very high and the culture is very bad

Dislikes

All are dislike

Salary - Bad

+6 more

Deputy Manager in Ghaziabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 08 May 2024

3.0

for Salary and Benefits

Likes

Good pay scale with higher appraisal than most banks.

Dislikes

Toxic work culture some other institution managers came and destroyed the work life balance to junior employees. Time of office is 9:00am to 6:00pm but they release you after 8:00pm.

Skill development - Bad

+4 more

Operations Executive in Ratlam

Full Time

Risk Management & Compliance Department

3.0

• posted on 01 Nov 2023

3.0

for Salary and Benefits

Likes

Bandhan bank has been a very good platform for me. I have learned a lot from Bandhan in improving my skills. Good communication, good relation with customers and team work, respecting seniors. Thanks Bandhan Bank.

Skill development - Excellent

+4 more

Dislikes

In Bandhan Bank, there is no increase in the salary of the employees if they do not get the correct rating. There is also a problem in the promotion based on rating. In Bandhan Bank, the employees are unhappy due to not getting the promotion on time. Due to not getting the promotion, the employees are in helplessness. have resigned from their job

Area Manager in Hoshangabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

The only thing to like about Bandhan is that it is bank you get 2 weekoffs every alternate Saturdays and salary is also nic

Salary - Good

+1 more

Dislikes

Every thing in Bahrain to dislike, no infrastructure, no timings you can work for 15 hours in a day, staff shortage, terrible office

Skill development - Poor

+2 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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Bandhan Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at Bandhan Bank?

Manager M1 salary at Bandhan Bank in India ranges between ₹7.2 Lakhs to ₹9.5 Lakhs for experience between 9 years to 13 years. According to our estimates it is 28% less than the average Manager M1 Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bandhan Bank India.

How does the salary of a Manager M1 at Bandhan Bank India compare with the average salary range for this job?

The average salary of a Manager M1 at Bandhan Bank is 28% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bandhan Bank to a Manager M1 in India?

IDBI Bank Manager M1 Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda Manager M1 Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year

What is the salary of a Manager M1 in companies similar to Bandhan Bank in India?

Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
RBL Bank Manager M1 Salary - ₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
IDFC FIRST Bank Manager M1 Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
Karur Vysya Bank Manager M1 Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at Bandhan Bank in India?

The estimated take-home salary of a Manager M1 at Bandhan Bank ranges between ₹60,965 per month to ₹62,509 per month in India. The take-home salary calculation is based on the average Bandhan Bank Manager M1 salary in India which ranges between ₹7.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 9 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Bandhan Bank?

According to AmbitionBox, 62% of the Bandhan Bank Manager M1s reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Bandhan Bank Manager M1 Salaries

Bandhan Bank Manager M1 salary in India ranges between ₹7.2 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bandhan Bank latest salaries received from various employees of Bandhan Bank.