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Bank of India Senior Manager salaries in Raipur

Annual salary range
11 - 13 years exp.
₹12.5 Lakhs - ₹21.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% more than the average Senior Manager Salary in Banking Companies for 11 - 13 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Bank of India for Senior Manager in Raipur

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Bank of India Senior Manager Salary

11 - 13 years exp. (4 salaries)

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₹12.5 L/yr - ₹21.6 L/yr

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Company name Avg Annual Salary Open Jobs
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Punjab National Bank Senior Manager Salary

8 - 12 years exp. (3 salaries)

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₹14 L/yr - ₹19.7 L/yr

arrow icon 8% less
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Adani Power Senior Manager Salary

15 - 20 years exp. (18 salaries)

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₹16.8 L/yr - ₹32.5 L/yr

arrow icon 20% more
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Jayaswal Neco Industries Senior Manager Salary

11 - 17 years exp. (15 salaries)

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₹7.7 L/yr - ₹18 L/yr

arrow icon 44% less
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₹7.8 L/yr - ₹16 L/yr

arrow icon 42% less
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UltraTech Cement Senior Manager Salary

12 - 21 years exp. (13 salaries)

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₹17 L/yr - ₹28.5 L/yr

arrow icon 9% more
Senior Manager salary at Bank of India ranges between ₹12.5 Lakhs to ₹21.6 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of India.

Experience wise Bank of India Senior Manager salaries in Raipur

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹19.1 L/yr - ₹24.4 L/yr
12 years (AmbitionBox Estimate)

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₹19.3 L/yr - ₹24.6 L/yr
13 years (AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.9 L/yr
Bank of India Senior Manager Salary and Career Growth

From

To

Senior Manager

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9 - 13 years exp.

Assistant General Manager

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19 - 31 years exp.

Senior Manager 9 - 13 years exp.
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Chief Manager 12 - 17 years exp.
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arrow icon 24% hike
    Assistant General Manager 19 - 31 years exp.
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    arrow icon 10% 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 India

    Chief Manager Salary
    (4 salaries)
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    ₹19 L/yr - ₹27.31 L/yr

    Salary related reviews for Bank of India

    Branch Manager, Credit/Recovery incharge/Credit Monitoring(Branch/Contr... Department

    5.0
      •  posted on 08 Aug 2017

    3.0
     for  Salary and Benefits

    Likes

    Work culture, atmosphere, fellow feeling, customer service, promotion policy, etc.

    • Skill development - Good
    • +4 more

    Dislikes

    Pay structure is deteriorating day by day due to Government policy. handling government's job without any income by the Bank, tremendous work pressure(now it has improved with great extent)

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    Full Time

     · 

    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....

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    Full Time

     · 

    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

    read more
    • Job security - Excellent

    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.

    read more
    • Skill development - Poor
    • +3 more

    Full Time

     · 

    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,

    read more
    • Job security - Excellent

    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
    • Salary - Poor
    • +5 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    2.0
      •  posted on 22 Aug 2022

    3.0
     for  Salary and Benefits

    Likes

    Only job security

    • Job security - Excellent
    • +1 more

    Dislikes

    ...f you don't have any jack then you will be getting transfers every now and then. "Jo kam karta he usko aur jo kam bilkul nahi karta" salary sab ko equal he.. shayad jo kam thik se nai karta usko pareshan nahi karenge because wo kuch karega nahi

    read more
    • Work satisfaction - Poor
    • +2 more
    see more salary related reviews

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    Bank of India Senior Manager Salary FAQs

    What is the salary of Senior Manager at Bank of India in Raipur?
    The average salary of a Senior Manager at Bank of India in Raipur typically ranges from ₹12.5 Lakhs to ₹21.6 Lakhs per year, depending on experience (from 11 years to 13 years).

    The top 10% of Senior Manager in Raipur at Bank of India earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior Manager Salaries at Bank of India 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 India employees in India.
    What is the estimated take home salary of a Senior Manager at Bank of India in Raipur?
    The estimated take-home salary of a Senior Manager at Bank of India in Raipur typically ranges from ₹1,38,666 to ₹1,43,800 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹21.6 Lakhs per year for employees with experience ranging from 11 years to 13 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 India. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Bank of India for Senior Manager in India?
    Adani Power ₹16.8 Lakhs to ₹32.5 Lakhs per year
    UltraTech Cement ₹17.0 Lakhs to ₹28.5 Lakhs per year

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

    Punjab National Bank ₹14.0 Lakhs to ₹19.7 Lakhs per year
    Shri Bajrang Power & Ispat ₹7.8 Lakhs to ₹16.0 Lakhs per year
    Jayaswal Neco Industries ₹7.7 Lakhs to ₹18.0 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 Senior Manager at Bank of India in Raipur?
    The salary growth for a Senior Manager at Bank of India in Raipur depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Raipur can expect the following growth trajectory at Bank of India:

    Experience Average Salary Range
    11 years ₹19.1 Lakhs to ₹24.4 Lakhs per year
    12 years ₹19.3 Lakhs to ₹24.6 Lakhs per year
    13 years ₹19.4 Lakhs to ₹24.9 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Bank of India Senior Manager salary in Raipur ranges between ₹12.5 Lakhs to ₹21.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of India latest salaries received from various employees of Bank of India.