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Bank of Baroda

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Bank of Baroda IT Manager salaries in Mumbai (Updated 2025)

Annual salary range
5 - 14 years exp.
₹10 Lakhs - ₹21 Lakhs
Salary of majority employees
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19% more than the average IT Manager Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA
IT Manager Salary
5 - 14 years exp. (9 salaries)
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₹10 L/yr - ₹21 L/yr

Project & Program Management
IT Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹12.5 L/yr - ₹16.6 L/yr

Last Updated: 24 Jan 2025

Companies similar to Bank of Baroda for IT Manager in Mumbai

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Bank of Baroda IT Manager Salary

5 - 14 years exp. (14 salaries)

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₹10 L/yr - ₹21 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank IT Manager Salary

1 - 11 years exp. (75 salaries)

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₹5.5 L/yr - ₹19.5 L/yr

arrow icon 25% less
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Axis Bank IT Manager Salary

1 - 12 years exp. (48 salaries)

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₹9.7 L/yr - ₹16.3 L/yr

arrow icon 14% less
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RBL Bank IT Manager Salary

1 - 9 years exp. (40 salaries)

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₹4.8 L/yr - ₹14.5 L/yr

arrow icon 35% less
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IndusInd Bank IT Manager Salary

5 - 12 years exp. (25 salaries)

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₹5.9 L/yr - ₹22.5 L/yr

arrow icon 13% less
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IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (18 salaries)

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₹6.3 L/yr - ₹19.5 L/yr

arrow icon 26% less
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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (11 salaries)

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₹11 L/yr - ₹18.5 L/yr

arrow icon 17% less
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AU Small Finance Bank IT Manager Salary

3 - 10 years exp. (8 salaries)

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₹6.7 L/yr - ₹15.5 L/yr

arrow icon 23% less
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Yes Bank IT Manager Salary

1 - 3 years exp. (5 salaries)

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₹16.6 L/yr - ₹18 L/yr

arrow icon 3% more
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Union Bank of India IT Manager Salary

7 - 11 years exp. (3 salaries)

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₹10 L/yr - ₹13.4 L/yr

arrow icon 34% less
IT Manager salary at Bank of Baroda ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Bank of Baroda.

Latest annual salaries shared by Bank of Baroda IT Manager in Mumbai

2mo ago
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7 years exp.
9mo ago
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14 years exp.
1y ago
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13 years exp.

Experience wise Bank of Baroda IT Manager salaries in Mumbai

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
5 years  (3 salaries)

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₹10 L/yr - ₹27.5 L/yr
6 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16 L/yr
7 years  (3 salaries)

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₹12 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
9 years (AmbitionBox Estimate)

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₹13 L/yr - ₹29.1 L/yr
View all
Bank of Baroda IT Manager Salary and Career Growth

From

To

IT Manager

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5 - 15 years exp.

Senior IT Manager

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8 - 15 years exp.

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.

Similar Designation salaries in Bank of Baroda

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₹15.35 L/yr - ₹33 L/yr
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₹2.6 L/yr - ₹4.8 L/yr
IT Officer Salary
(5 salaries)
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₹8.5 L/yr - ₹12 L/yr
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₹10 L/yr - ₹15.4 L/yr

Salary related reviews for Bank of Baroda

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary gets credited on time

  • Job security - Good

Dislikes

Toxic work culture, no transparency in promotion and transfer, unprofessional HRMs working like a clerk, frequent transfers with plum postings reserved for boot lickers and preferred candidates, staff shortage and too much work pressure. Someone just starting his/her career should spend more time and join somewhere else rather than coming in Public sector bank specially BoB.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Jan 2025

4.0
 for  Salary and Benefits

Likes

perks and salary as compared to other banks.

  • Salary - Good
  • +1 more

Dislikes

everything. very bad managment and the behaviour's of the people sitting in admin offices. No infrustructure. Managment just don't care about emplyees, they just want the targets to be fullfilled and if any mistakes happen due to the pressure provided by them then its all the employee's fault.

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 14 Jan 2025

4.0
 for  Salary and Benefits

Likes

Perks and salary good although not adequate. Transfers are granted on spouse ground.

read more
  • Salary - Good
  • +1 more

Dislikes

Many .. employees work like private sector but get paid like a PSU. No methods, lack of staff puts tremendous pressure. Unnecessary work pressure is created where things can go smoothly with little discipline. Some people work and others just don't. Incentive to work is almost nil.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Other Department

2.0
  •  posted on 15 Dec 2024

1.0
 for  Salary and Benefits

Likes

what i liked about my job that there was no restriction and target headache. as far as BOB is concerned the organisation as a whole is survivable.

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Dislikes

everything starting from employees salary and benefits to everyother thing.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Oct 2024

5.0
 for  Salary and Benefits

Likes

The bank maintained the payment of salary and allowance promptly.

  • Salary - Excellent
  • +1 more

Dislikes

The management follows private culture and the employees are more pressure and no work life balance. There is no satisfaction in work. Every day some fear is there that day how go about meetings and priorities of work. Kindly change the work culture.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Bank of Baroda IT Manager Salary FAQs

What is the salary of IT Manager at Bank of Baroda in Mumbai?
The average salary of a IT Manager at Bank of Baroda in Mumbai typically ranges from ₹10.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of IT Manager in Mumbai at Bank of Baroda earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. IT Manager Salaries at Bank of Baroda 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 10+ Bank of Baroda employees in India.
What is the estimated take home salary of a IT Manager at Bank of Baroda in Mumbai?
The estimated take-home salary of a IT Manager at Bank of Baroda in Mumbai typically ranges from ₹1,11,740 to ₹1,14,840 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 5 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 10+ salaries received from various employees of Bank of Baroda. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of Baroda for IT Manager in India?
Yes Bank ₹16.6 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Baroda, depending on the role and experience level.
What is the salary of a IT Manager in companies similar to Bank of Baroda in Mumbai?
The salary of a IT Manager at companies similar to Bank of Baroda in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹5.9 Lakhs to ₹22.5 Lakhs per year
Axis Bank ₹9.7 Lakhs to ₹16.3 Lakhs per year
Kotak Mahindra Bank ₹11.0 Lakhs to ₹18.5 Lakhs per year
AU Small Finance Bank ₹6.7 Lakhs to ₹15.5 Lakhs per year
HDFC Bank ₹5.5 Lakhs to ₹19.5 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 IT Manager at Bank of Baroda in Mumbai?
The salary growth for a IT Manager at Bank of Baroda in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at Bank of Baroda:

Experience Average Salary Range
5 years ₹10.0 Lakhs to ₹27.5 Lakhs per year
6 years ₹13.0 Lakhs to ₹16.0 Lakhs per year
7 years ₹12.0 Lakhs to ₹18.0 Lakhs per year
8 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of Baroda IT Manager salary in Mumbai ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Bank of Baroda latest salaries received from various employees of Bank of Baroda.