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Bank of Baroda

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Bank of Baroda Manager M1 salaries in India

Annual salary range
7 - 10 years exp.
₹7.5 Lakhs - ₹10.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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22% less than the average Manager M1 Salary in Banking Companies for 7 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
7 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.6 L/yr

Customer Success, Service & Operations
Manager M1 Salary
10 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.5 L/yr

Sales & Business Development
Manager M1 Salary
9 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 26 Apr 2024

Companies similar to Bank of Baroda for Manager M1

Company name Avg Annual Salary Open Jobs
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ICICI Bank Manager M1 Salary

1 - 17 years exp. (2k salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 13% more
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Axis Bank Manager M1 Salary

5 - 13 years exp. (162 salaries)

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₹4.4 L/yr - ₹10.6 L/yr

arrow icon 15% less
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HDFC Bank Manager M1 Salary

6 - 14 years exp. (140 salaries)

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₹5 L/yr - ₹13.3 L/yr

arrow icon 8% less
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IndusInd Bank Manager M1 Salary

4 - 11 years exp. (46 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

arrow icon 29% less
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IDFC FIRST Bank Manager M1 Salary

4 - 12 years exp. (44 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 20% less
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Kotak Mahindra Bank Manager M1 Salary

2 - 12 years exp. (44 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 34% less
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AU Small Finance Bank Manager M1 Salary

2 - 13 years exp. (36 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 23% less
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Yes Bank Manager M1 Salary

1 - 13 years exp. (35 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 17% less
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RBL Bank Manager M1 Salary

4 - 17 years exp. (19 salaries)

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₹5.7 L/yr - ₹11.9 L/yr

arrow icon 16% less
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Bandhan Bank Manager M1 Salary

9 - 13 years exp. (10 salaries)

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₹7.2 L/yr - ₹9.5 L/yr

arrow icon 9% less
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Standard Chartered Manager M1 Salary

5 - 10 years exp. (6 salaries)

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₹6.9 L/yr - ₹10 L/yr

arrow icon 1% more
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Jana Small Finance Bank Manager M1 Salary

10 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹6.5 L/yr

arrow icon 34% less
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Ujjivan Small Finance Bank Manager M1 Salary

5 - 13 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 41% less
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State Bank of India Manager M1 Salary

10 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹36 L/yr

arrow icon 186% more
Manager M1 salary at Bank of Baroda ranges between ₹7.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Baroda.

Latest annual salaries shared by Bank of Baroda Manager M1

8mo ago
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9 years exp.
1y ago
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10 years exp.
1y ago
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7 years exp.

Experience wise Bank of Baroda Manager M1 salaries

Last Updated: 26 Apr 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹4 L/yr - ₹10.5 L/yr
8 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.8 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15.8 L/yr
10 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹8.6 L/yr

Similar Designation salaries in Bank of Baroda

Team Manager Salary
(5 salaries)
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₹14 L/yr - ₹15.95 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Team Lead Salary
(18 salaries)
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₹2.05 L/yr - ₹5.5 L/yr
Branch Manager Salary
(67 salaries)
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₹8 L/yr - ₹25 L/yr
Deputy Manager Salary
(11 salaries)
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₹3.8 L/yr - ₹13.23 L/yr
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₹8.53 L/yr - ₹28.37 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹10 L/yr - ₹18 L/yr
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₹11 L/yr - ₹26 L/yr

Salary related reviews for Bank of Baroda

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.

read more

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

Discover interview dos and don'ts from real experiences

What people are saying about Bank of Baroda

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a senior manager
4d
Double Package
I have a graduate degree and am earning 6 lac p.a in the banking sector with 7 years of experience. How can I double my package..any suggestions ?
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Bank of Baroda Manager M1 Salary FAQs

What is the salary of Manager M1 at Bank of Baroda ?
The average salary of a Manager M1 at Bank of Baroda in India typically ranges from ₹7.5 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Manager M1 at Bank of Baroda earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Manager M1 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 4 Bank of Baroda employees in India.
What is the estimated take home salary of a Manager M1 at Bank of Baroda in India?
The estimated take-home salary of a Manager M1 at Bank of Baroda in India typically ranges from ₹66,147 to ₹67,837 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 7 years to 10 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 4 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 Manager M1 in India?
State Bank of India ₹20.0 Lakhs to ₹36.0 Lakhs per year
ICICI Bank ₹4.5 Lakhs to ₹16.0 Lakhs per year
Standard Chartered ₹6.9 Lakhs to ₹10.0 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 Manager M1 in companies similar to Bank of Baroda in India?
The salary of a Manager M1 at companies similar to Bank of Baroda in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹5.0 Lakhs to ₹13.3 Lakhs per year
Bandhan Bank ₹7.2 Lakhs to ₹9.5 Lakhs per year
Axis Bank ₹4.4 Lakhs to ₹10.6 Lakhs per year
RBL Bank ₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank ₹5.5 Lakhs to ₹10.1 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 Manager M1 at Bank of Baroda in India?
The salary growth for a Manager M1 at Bank of Baroda depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Bank of Baroda:

Experience Average Salary Range
7 years ₹4.0 Lakhs to ₹10.5 Lakhs per year
8 years ₹8.5 Lakhs to ₹10.8 Lakhs per year
9 years ₹7.5 Lakhs to ₹15.8 Lakhs per year
10 years ₹3.2 Lakhs to ₹8.6 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of Baroda Manager M1 salary in India ranges between ₹7.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of Baroda latest salaries received from various employees of Bank of Baroda.