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Bank of India Assistant Manager Salaries in India

based on 140 latest salaries
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Designation Avg Annual Salary Open Jobs
2 - 11 years exp. (141 salaries)
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₹5 L/yr - ₹15 L/yr

8 - 14 years exp. (37 salaries)
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₹10 L/yr - ₹25 L/yr

1 - 5 years exp. (31 salaries)
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₹4.7 L/yr - ₹12 L/yr

8 - 12 years exp. (29 salaries)
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₹11 L/yr - ₹25 L/yr

1 - 31 years exp. (21 salaries)
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₹1.2 L/yr - ₹20 L/yr

0 - 4 years exp. (19 salaries)
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₹4.5 L/yr - ₹12 L/yr

18 - 31 years exp. (18 salaries)
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₹14 L/yr - ₹46.8 L/yr

2 - 8 years exp. (16 salaries)
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₹6 L/yr - ₹14 L/yr

0 - 5 years exp. (15 salaries)
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₹6 L/yr - ₹10 L/yr

0 - 6 years exp. (14 salaries)
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₹1.5 L/yr - ₹6 L/yr

0 - 5 years exp. (14 salaries)
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₹1 L/yr - ₹4.5 L/yr

0 - 4 years exp. (12 salaries)
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₹0.4 L/yr - ₹6 L/yr

4 - 6 years exp. (12 salaries)
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₹9 L/yr - ₹12 L/yr

1 - 6 years exp. (12 salaries)
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₹1.2 L/yr - ₹3 L/yr

0 - 10 years exp. (12 salaries)
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₹1 L/yr - ₹4.5 L/yr

0 - 3 years exp. (10 salaries)
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₹0.2 L/yr - ₹3.3 L/yr

0 - 6 years exp. (10 salaries)
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₹0.9 L/yr - ₹2.2 L/yr

9 - 24 years exp. (9 salaries)
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₹10.4 L/yr - ₹25 L/yr

4 - 11 years exp. (132 salaries)
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₹6.1 L/yr - ₹24 L/yr

9 - 13 years exp. (126 salaries)
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₹10 L/yr - ₹28.5 L/yr

0 - 8 years exp. (18 salaries)
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₹1 L/yr - ₹6 L/yr

Last Updated: 20 Dec, 2024

Salary related reviews for Bank of India

3.5

Rated by 25 employees for salary & benefits

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,

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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

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 22 Aug 2022

3.0
 for  Salary and Benefits

Likes

Only job security

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

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SMECC Department

5.0
  •  posted on 25 Sep 2018

3.0
 for  Salary and Benefits

Likes

The work culture was one of the best in the PSU industry. The bank is employee friendly, very considerate, compensation was better than most PSU's, posting was at a comfortable location, job security and work life balance were another factors making it one of the best banks to work with.

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Dislikes

Growth opportunities were very slow.

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....

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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

 · 

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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Bank of India Salary FAQs

How much does Bank of India pay per year?
The average Bank of India salary ranges from approximately ₹0.5 Lakh to ₹1.2 Lakh per year for a Casual Worker and ₹18 Lakhs to ₹42 Lakhs per year for a General Manager. Salary estimates are based on 140 Bank of India salaries received from various employees of Bank of India. Bank of India employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Bank of India?
The highest-paying job at Bank of India is a General Manager with a salary of ₹18 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.
What is the minimum salary in Bank of India?
Minimum salary at Bank of India depends on the role you are applying for. For Clerk the minimum salary is ₹0.6 Lakh to ₹6.9 Lakhs per year, and for Banking Officer the minimum salary is ₹6.3 Lakhs to ₹12 Lakhs per year and so on.
What is the salary package for freshers in Bank of India?
The average salary at Bank of India for freshers varies from ₹0.2 Lakh to ₹3.3 Lakhs per year for Account Assistant and ₹2.8 Lakhs to ₹12.6 Lakhs per year for Banking Officer.
What is the notice period for Assistant Manager at Bank of India?
According to AmbitionBox, 68% of the Bank of India Assistant Managers reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 71 responses on AmbitionBox in last 2 years.

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Average annual salary for Assistant Manager in Bank of India is INRunlock blur . Salary estimates are based on 140 Bank of India latest salaries received from various employees of Bank of India.

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