Bank of Baroda Mumbai Manager Salaries by 60+ Employees (Updated 2025)

1 - 14 years exp.

₹7.8 Lakhs - ₹25 Lakhs

Salary of majority employees

At par with the average Manager Salary in Banking Companies for 1 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 1 - 12 years exp. (26 salaries)	₹6.9 L/yr - ₹25 L/yr
Finance & Accounting Manager Salary 2 - 8 years exp. (8 salaries)	₹12 L/yr - ₹20 L/yr
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Customer Success, Service & Operations Manager Salary 4 - 8 years exp. (7 salaries)	₹13.5 L/yr - ₹18 L/yr
Data Science & Analytics Manager Salary 6 - 7 years exp. (4 salaries)	₹12 L/yr - ₹24 L/yr
Sales & Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹12.9 L/yr - ₹20.9 L/yr

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Last Updated: 9 Mar 2025

Companies similar to Bank of Baroda for Manager in Mumbai

Bank of Baroda Manager Salary

1 - 14 years exp. (66 salaries)

₹7.8 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 43% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 53% less
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Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹17.2 L/yr 40% less
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.4 L/yr 27% less
Yes Bank Manager Salary 0 - 17 years exp. (895 salaries)	₹4.3 L/yr - ₹16 L/yr 48% less
IndusInd Bank Manager Salary 0 - 16 years exp. (622 salaries)	₹3.4 L/yr - ₹12 L/yr 55% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (489 salaries)	₹3.7 L/yr - ₹13 L/yr 50% less
RBL Bank Manager Salary 2 - 16 years exp. (296 salaries)	₹4.2 L/yr - ₹15.7 L/yr 49% less
Standard Chartered Manager Salary 2 - 19 years exp. (133 salaries)	₹7.3 L/yr - ₹28 L/yr 9% less
Bank of America Manager Salary 5 - 17 years exp. (121 salaries)	₹11.7 L/yr - ₹37 L/yr 55% more	7 job openings

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Manager salary at Bank of Baroda ranges between ₹7.8 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 66 latest salaries received from various employees of Bank of Baroda.

Experience wise Bank of Baroda Manager salaries in Mumbai

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹12.6 L/yr - ₹23.9 L/yr
2 years (3 salaries)	₹5.6 L/yr - ₹19 L/yr
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3 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹26.1 L/yr
4 years (5 salaries)	₹6.7 L/yr - ₹27.2 L/yr
5 years (6 salaries)	₹9.5 L/yr - ₹28.3 L/yr
6 years (10 salaries)	₹7.8 L/yr - ₹19 L/yr
7 years (11 salaries)	₹6.8 L/yr - ₹24 L/yr
8 years (9 salaries)	₹10 L/yr - ₹21 L/yr
9 years (7 salaries)	₹8.9 L/yr - ₹32.7 L/yr
10 years (5 salaries)	₹8.9 L/yr - ₹25 L/yr
11 years (3 salaries)	₹12 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹19 L/yr - ₹25 L/yr
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹37.1 L/yr
14 years (AmbitionBox Estimate)	₹20 L/yr - ₹38.2 L/yr

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From

Manager

₹

Lakhs/yr

1 - 14 years exp.

Joint Managing Director

Salary unavailable

Manager

1 - 14 years exp.

Senior Manager

8 - 16 years exp.

24% hike

Chief Manager

11 - 18 years exp.

43% hike

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

Credit Manager Salary

(24 salaries)

₹10 L/yr - ₹19 L/yr

Deputy General Manager Salary

(9 salaries)

₹15 L/yr - ₹45 L/yr

Finance Manager Salary

(4 salaries)

₹10.8 L/yr - ₹16.5 L/yr

Financial Analyst Salary

(3 salaries)

₹2.9 L/yr - ₹4.8 L/yr

Salary related reviews for Bank of Baroda

3.4

Rated by 13 employees for salary & benefits

Manager in Hyderabad / Secunderabad

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.

Skill development - Bad

+4 more

Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Jan 2023

4.0

for Salary and Benefits

Likes

- very much functional learning methodologies - Pay and incentives

Salary - Good

+2 more

Dislikes

No work life balance More promotion to Bank of Baroda rather than evijayabank and edena bank It can be proved by recent resignation by many evijayabank employees. Less staffing They give award to themselves(BOB employees) Internal recruitment is eyewash. You may recieve internal circulars ,but at the end they recruite their favourite people irrespective of the criteria for the position

Promotions - Poor

+3 more

Credit Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Jul 2023

3.0

for Salary and Benefits

Likes

Cannot think of anything much apart from job security.

Job security - Excellent

Dislikes

...ions. * People who do work get rewarded with more work and responsibilities. *Performers and non performers get the same pay. * No quick resolution for any problem.

Promotions - Poor

+3 more

Deputy General Manager in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 30 Jan 2020

4.0

for Salary and Benefits

Likes

Dena Bank is now amalgamated with Bank of Baroda on 01.04.2019. So writing anything about it has no relevance. The work culture in Dena Bank was superb. Well knit team working together hand in hand. Every care was taken to upgrade the skills of employees.

Salary - Good

+6 more

Dislikes

IT infrastructure was not very good there. Salary wise it was good.

Credit Manager in Bikaner

Finance & Accounting Department

3.0

• posted on 25 Sep 2018

3.0

for Salary and Benefits

Likes

Job security and work life balance are the only two things to hold on to a banking job with PSU's.

Job security - Excellent

+1 more

Dislikes

...this ain't the place for you. The culture is quite laid back and growth is slow. Hard work doesn't pay off easily..

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

I AM FEELING UNDERPAID // NEED SUGGESTIONS

I am a Banker with 7 years of experience in sales. I started my career from Bandhan Bank's Micro Finance Department, after that switched to ICICI as a Sales Officer, post that joined Axis Bank in the grade of Assistant Manager and was promoted to Deputy Manager. This year I joined Bank of Baroda as a Senior Manager - MSME Department but its a contractual job role. The department and designation is too good but the contractual role is a matter of concern as there is no PF, Mediclaim, extra 1% ROI for Banker. I am getting paid at only 6 Lac p.a and I am willing to get 14 LPA, I am holding a graduate degree only. Can you suggest some good advice which I can use to boost my career.

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Bank of Baroda Manager Salary FAQs

What is the salary of Manager at Bank of Baroda in Mumbai?

The average salary of a Manager at Bank of Baroda in Mumbai typically ranges from ₹7.8 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Manager in Mumbai at Bank of Baroda earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. 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 60+ Bank of Baroda employees in India.

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

The estimated take-home salary of a Manager at Bank of Baroda in Mumbai typically ranges from ₹1,16,749 to ₹1,20,012 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 1 year 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 60+ 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 in India?

Bank of America	₹11.7 Lakhs to ₹37.0 Lakhs per year
State Bank of India	₹12.0 Lakhs to ₹40.0 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 in companies similar to Bank of Baroda in Mumbai?

The salary of a 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:

Canara Bank	₹8.5 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹7.3 Lakhs to ₹28.0 Lakhs per year
Barclays	₹11.5 Lakhs to ₹21.0 Lakhs per year
Punjab National Bank	₹7.2 Lakhs to ₹22.0 Lakhs per year
Deutsche Bank	₹6.0 Lakhs to ₹20.0 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 at Bank of Baroda in Mumbai?

The salary growth for a Manager at Bank of Baroda in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Bank of Baroda:

Experience	Average Salary Range
1 year	₹12.6 Lakhs to ₹23.9 Lakhs per year
2 years	₹5.6 Lakhs to ₹19.0 Lakhs per year
3 years	₹6.6 Lakhs to ₹26.1 Lakhs per year
4 years	₹6.7 Lakhs to ₹27.2 Lakhs per year

and so on.

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Bank of Baroda Manager Salaries in Mumbai

Bank of Baroda Manager salary in Mumbai ranges between ₹7.8 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 Bank of Baroda latest salaries received from various employees of Bank of Baroda.

Bank of Baroda Manager salaries in Mumbai (Updated 2025)

Companies similar to Bank of Baroda for Manager in Mumbai

Latest annual salaries shared by Bank of Baroda Manager in Mumbai

Experience wise Bank of Baroda Manager salaries in Mumbai

Similar Designation salaries in Bank of Baroda

Salary related reviews for Bank of Baroda

Manager in Hyderabad / Secunderabad

Manager in Bangalore / Bengaluru

Credit Manager in Bangalore / Bengaluru

Deputy General Manager in Mumbai

Credit Manager in Bikaner

Bank of Baroda Manager Salary FAQs

Tell us how to improve this page.