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Bank of India Chief Manager salaries in Mumbai

Annual salary range
10 - 19 years exp.
₹13 Lakhs - ₹45 Lakhs
Salary of majority employees
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35% more than the average Chief Manager Salary in Banking Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
10 - 17 years exp. (15 salaries)
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₹15 L/yr - ₹35 L/yr

Finance & Accounting
Chief Manager Salary
10 - 16 years exp. (6 salaries)
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₹16 L/yr - ₹35 L/yr

Risk Management & Compliance
Chief Manager Salary
12 - 19 years exp. (4 salaries)
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₹26 L/yr - ₹45 L/yr

Sales & Business Development
Chief Manager Salary
14 - 16 years exp. (3 salaries)
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₹28 L/yr - ₹37 L/yr

Product Management
Chief Manager Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹24 L/yr - ₹32.6 L/yr

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Last Updated: 12 Dec 2024

Companies similar to Bank of India for Chief Manager in Mumbai

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Bank of India Chief Manager Salary

10 - 19 years exp. (43 salaries)

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₹13 L/yr - ₹45 L/yr

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Company name Avg Annual Salary Open Jobs
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State Bank of India Chief Manager Salary

11 - 31 years exp. (112 salaries)

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₹16.1 L/yr - ₹50 L/yr

arrow icon 9% more
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ICICI Bank Chief Manager Salary

5 - 23 years exp. (838 salaries)

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₹13.5 L/yr - ₹37 L/yr

arrow icon 14% less
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Axis Bank Chief Manager Salary

9 - 13 years exp. (4 salaries)

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₹13 L/yr - ₹36 L/yr

arrow icon 30% less
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Kotak Mahindra Bank Chief Manager Salary

5 - 16 years exp. (432 salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 35% less
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Punjab National Bank Chief Manager Salary

10 - 14 years exp. (30 salaries)

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₹15 L/yr - ₹50.5 L/yr

arrow icon 10% more
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Canara Bank Chief Manager Salary

10 - 18 years exp. (12 salaries)

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₹12 L/yr - ₹40 L/yr

arrow icon 15% less
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Bank of Baroda Chief Manager Salary

10 - 18 years exp. (118 salaries)

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₹15.9 L/yr - ₹50 L/yr

arrow icon 13% more
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Union Bank of India Chief Manager Salary

10 - 17 years exp. (65 salaries)

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₹13 L/yr - ₹42 L/yr

arrow icon 4% more
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IndusInd Bank Chief Manager Salary

0 - 20 years exp. (344 salaries)

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₹5.8 L/yr - ₹18 L/yr

arrow icon 61% less
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IDFC FIRST Bank Chief Manager Salary

5 - 20 years exp. (328 salaries)

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₹11.3 L/yr - ₹36 L/yr

arrow icon 25% less
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Central Bank of India Chief Manager Salary

11 - 15 years exp. (13 salaries)

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₹20 L/yr - ₹35.1 L/yr

arrow icon 7% less
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Indian Bank Chief Manager Salary

10 - 15 years exp. (11 salaries)

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₹17 L/yr - ₹30 L/yr

arrow icon 14% less
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Yes Bank Chief Manager Salary

3 - 7 years exp. (4 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 30% less
Chief Manager salary at Bank of India ranges between ₹13 Lakhs to ₹45 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 43 latest salaries received from various employees of Bank of India.

Latest annual salaries shared by Bank of India Chief Manager in Mumbai

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13 years exp.
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12 years exp.
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16 years exp.
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10 years exp.
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14 years exp.
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16 years exp.
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16 years exp.
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17 years exp.
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12 years exp.
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12 years exp.

Experience wise Bank of India Chief Manager salaries in Mumbai

Last Updated: 12 Dec 2024

Experience Avg Annual Salary
10 years  (8 salaries)

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₹13 L/yr - ₹28 L/yr
11 years  (3 salaries)

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₹15 L/yr - ₹49.4 L/yr
12 years  (9 salaries)

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₹15.5 L/yr - ₹36.8 L/yr
13 years  (5 salaries)

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₹20 L/yr - ₹35 L/yr
14 years  (4 salaries)

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₹20 L/yr - ₹35 L/yr
View all

Similar Designation salaries in Bank of India

Branch Manager Salary
(8 salaries)
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₹10 L/yr - ₹18 L/yr
Credit Manager Salary
(6 salaries)
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₹9 L/yr - ₹18 L/yr

Salary related reviews for Bank of India

4.3

Rated by 10 employees for salary & benefits

Full Time

 · 

Product Management Department

4.0
  •  posted on 08 Mar 2024

3.0
 for  Salary and Benefits

Likes

Like a typical govt bank it offers 100% job security. Decent salary. If you own then you will get to lead projects end to end. Other govt perks and benefits are unparalleled.

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Dislikes

Sarkari culture. Sluggish work pace. Nepotism and politics. Late sitting for no reason just to appease bosses.

Foreign Exchange Department

4.0
  •  posted on 10 Jun 2018

2.0
 for  Salary and Benefits

Likes

Good working environment, good career growth, fully secured job.

Dislikes

...rence of the unions & officers association in the management. Too much politics. Salary not commensurate with the responsibility & accountability.

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Full Time

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Marketing & Communication Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

Only the thing is that you get salary on time and there is a provision of reimbursement....

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Dislikes

- Higher management does not know what marketing actually is on the field. The people, who are generalist and sitting at medium and top level management actually think that Marketing Officers are one who must not only grab the business but also generate it, which is not at all possible because conversion of leads into business depends on various factors and there are various stakeholders for this. Hence, conversion of leads into business cannot happen till the time everybody works as cooperative team member. - This is door to door sales job, various people opt this job by looking at false ratings of this profile on social media platforms managed by higher management. Also candidates who join this bank are optimistic at entry stage as they get selected after huge efforts through IBPS and get trapped after entering into this bank and at this profile. - General Banking Staff is jealous of Marketing Staff as they get additional petrol reimbursement due to their marketing efforts. - High level politics within bank. People who are in association of officers are like closed knit people of certain people in management and they only help those employees who can do flattery at extream level. - If you raise your voice on any legitimate issue, you would be targeted by management. - There are ghigh possibility of frequent transfers as transfer policy does not apply to Marketing Officers. - The standard operating procedure within the bank is not at all systematic. - Motivation or credit is not commensurate to efforts given by Marketing Officers, - There is absence of career path for Marketing Officers as they only can get promotions on Merit based channel and not on Seniority Based Channel. Once marketing officer reaches scale IV, he/she will have to opt for conversion to General Banking Stream. But there are very less opportunities for getting conversions. - Unlike specialist officers of other streams, Marketing Officers face huge hardships which include cold responses from customers as well as management. They seldomely are provided good place to even sit at various branches/offices of Bank Of India.

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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 16 Oct 2023

3.0
 for  Salary and Benefits

Likes

There is job security, salary is ok I guess Other than that I can't think of anything else

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Dislikes

Management doesn't know what goes on ground level, they keep making new policy which are against the benefits of employees, no coordination between different level management. I give you a example, there used be inter zone transfer every year but it hasn't happened in the last three year. I think I can go on and on.

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Full Time

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Customer Success, Service & Operations Department

2.0
  •  posted on 29 Nov 2023

2.0
 for  Salary and Benefits

Likes

Pay and package is good, connectivity is good. Leave, reimbursement, training, nearby posting,

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Dislikes

Rude behaviour of some staff. Rude customers. More rural branches. Less importance to staff benefits. Lot of traveling due to far postings. Claims unsettled. Boring workplace. Hr not responsive.toxic work environment due to politics.

read more
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Bank of India Chief Manager Salary FAQs

What is the salary of Chief Manager at Bank of India Mumbai?
Chief Manager salary at Bank of India in Mumbai ranges between ₹13.0 Lakhs to ₹45.0 Lakhs for experience between 10 years to 19 years. According to our estimates it is 35% more than the average Chief Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Bank of India Mumbai.
How does the salary of a Chief Manager at Bank of India Mumbai compare with the average salary range for this job?
The average salary of a Chief Manager at Bank of India is 35% more than the average salary of a Chief Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of India to a Chief Manager in Mumbai?
  • Bank of Baroda Chief Manager Salary - ₹15.9 Lakhs to ₹50.0 Lakhs per year
  • Punjab National Bank Chief Manager Salary - ₹15.0 Lakhs to ₹50.5 Lakhs per year
  • State Bank of India Chief Manager Salary - ₹16.1 Lakhs to ₹50.0 Lakhs per year
  • Union Bank of India Chief Manager Salary - ₹13.0 Lakhs to ₹42.0 Lakhs per year
What is the salary of a Chief Manager in companies similar to Bank of India in Mumbai?
  • Central Bank of India Chief Manager Salary - ₹20.0 Lakhs to ₹35.1 Lakhs per year
  • ICICI Bank Chief Manager Salary - ₹13.5 Lakhs to ₹37.0 Lakhs per year
  • Indian Bank Chief Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
  • Canara Bank Chief Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
  • IDFC FIRST Bank Chief Manager Salary - ₹11.3 Lakhs to ₹36.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at Bank of India in Mumbai?
The estimated take-home salary of a Chief Manager at Bank of India ranges between ₹1,81,009 per month to ₹1,88,056 per month in Mumbai. The take-home salary calculation is based on the average Bank of India Chief Manager salary in India which ranges between ₹13.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 10 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Bank of India in Mumbai?
According to AmbitionBox, 71% of the Bank of India Chief Managers in Mumbai reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of India Chief Manager salary in Mumbai ranges between ₹13 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 43 Bank of India latest salaries received from various employees of Bank of India.