Bombay Mercantile Co-Operative Bank Assistant Manager Salaries by 5 Employees (Updated 2025)

1 - 2 years exp.

₹5.4 Lakhs - ₹6.2 Lakhs

Salary of majority employees

27% less than the average Assistant Manager Salary for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 1 - 2 years exp. (4 salaries)	₹5.4 L/yr - ₹6.2 L/yr
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Risk Management & Compliance Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 1 Jan 2025

Companies similar to Bombay Mercantile Co-Operative Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Genpact Assistant Manager Salary 0 - 18 years exp. (19.7k salaries)	₹4.9 L/yr - ₹14 L/yr 52% more	198 job openings
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15.1k salaries)	₹1.8 L/yr - ₹5.9 L/yr 34% less
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Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1 L/yr - ₹5 L/yr 43% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 35% less
Deloitte Assistant Manager Salary 0 - 13 years exp. (9.9k salaries)	₹7.6 L/yr - ₹24 L/yr 149% more	24 job openings
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	₹1.7 L/yr - ₹7.3 L/yr 38% less
TCS Assistant Manager Salary 4 - 20 years exp. (6.5k salaries)	₹5.9 L/yr - ₹17 L/yr 70% more
Ernst & Young Assistant Manager Salary 0 - 15 years exp. (6.3k salaries)	₹9.3 L/yr - ₹30 L/yr 209% more	27 job openings
Jio Assistant Manager Salary 0 - 19 years exp. (5.5k salaries)	₹1.8 L/yr - ₹10.8 L/yr 3% less	1 job opening
Reliance Retail Assistant Manager Salary 0 - 17 years exp. (4.2k salaries)	₹2 L/yr - ₹10.1 L/yr 6% more
Wipro Assistant Manager Salary 2 - 18 years exp. (4k salaries)	₹4.5 L/yr - ₹19 L/yr 73% more	1 job opening
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Larsen & Toubro Limited Assistant Manager Salary 0 - 20 years exp. (3.8k salaries)	₹6 L/yr - ₹20 L/yr 93% more	3 job openings
Accenture Assistant Manager Salary 5 - 18 years exp. (3.6k salaries)	₹7.5 L/yr - ₹29.6 L/yr 184% more	2 job openings
PwC Assistant Manager Salary 0 - 12 years exp. (3.5k salaries)	₹9.6 L/yr - ₹29 L/yr 190% more	1 job opening
Concentrix Corporation Assistant Manager Salary 0 - 16 years exp. (3.3k salaries)	₹2.9 L/yr - ₹10.2 L/yr 7% more
Reliance Industries Assistant Manager Salary 0 - 17 years exp. (2.6k salaries)	₹2 L/yr - ₹10 L/yr At par
Teleperformance Assistant Manager Salary 2 - 16 years exp. (1.8k salaries)	₹2.4 L/yr - ₹12 L/yr 18% more	6 job openings
Infosys BPM Assistant Manager Salary 6 - 18 years exp. (1.6k salaries)	₹4 L/yr - ₹15 L/yr 39% more
HCLTech Assistant Manager Salary 1 - 15 years exp. (1.3k salaries)	₹4.2 L/yr - ₹16.5 L/yr 51% more
BYJU'S Assistant Manager Salary 1 - 8 years exp. (974 salaries)	₹4.8 L/yr - ₹14 L/yr 39% more

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Assistant Manager salary at Bombay Mercantile Co-Operative Bank ranges between ₹5.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Bombay Mercantile Co-Operative Bank.

Experience wise Bombay Mercantile Co-Operative Bank Assistant Manager salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.2 L/yr
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2 years (3 salaries)	₹5.4 L/yr - ₹6.2 L/yr

Similar Designation salaries in Bombay Mercantile Co-Operative Bank

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Salary related reviews for Bombay Mercantile Co-Operative Bank

2.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

Loyal Customer Base Cooperative Colleagues

Dislikes

Outdated policies wrt operations Slow loan disbursement process Lack of career growth Minimal salary hike Don't see your future here, if you are young and capable enough

Junior Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 May 2024

4.0

for Salary and Benefits

Likes

I am perfectly fit for the role that i was playing and a great experience gain in that sector if i got a chance so i will join again...

Dislikes

Banking process is old need to be upgraded, while performing well sudden termination of employees that was not eccept able.

Marketing Executive in Navi Mumbai

Contractual

BFSI, Investments & Trading Department

5.0

• posted on 30 Sep 2024

4.0

for Salary and Benefits

Likes

All the people I like worked were very kind and humble they teach you everything possible and help you resolve everything. Very understanding seniors and supporting staff. They respect everyone from seniors to sub ordinates equally. They provide fast and satisfactory services to customers.

Dislikes

Nothing as such we can say that it’s way batter than other co operative bank and private banks.

Collection And Recovery Officer in Ahmedabad

Contractual

Other Department

5.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

My bank Bombay mercantile co operative Bank is excellent in overall rating,work life balance,job security,skill development,work satisfaction,,and company culture but promotion policy not good I am working in Bombay mercantile co operative Bank last 37 years.in 37 year service in Bank last 27 I am working in recovery of loan and advances and also recovery in NPA a/c last 27 years my follow up is very strong in last 27 years thousands of overdue a/c recover in overdue and NPA a/c and I am not avail leave in 37 years in entire service period 4 time lapse leave when I retire in my service more than 300 leave lapse not avail because of bank

Dislikes

No dislike

Branch Banking Officer in Lucknow

BFSI, Investments & Trading Department

4.0

• posted on 11 Dec 2018

5.0

for Salary and Benefits

Likes

The best thing of Bombay Mercantile bank is a job security is 100 % and environment is also very healthy for all. I have learned so many things with my seniors and my team mates.

Dislikes

Growth is very slow. Manager never ever appreciate ur work.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bombay Mercantile Co-Operative Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bombay Mercantile Co-Operative Bank?

Assistant Manager salary at Bombay Mercantile Co-Operative Bank in India ranges between ₹5.4 Lakhs to ₹6.2 Lakhs for experience between 1 years to 2 years. According to our estimates it is 27% less than the average Assistant Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bombay Mercantile Co-Operative Bank India.

How does the salary of a Assistant Manager at Bombay Mercantile Co-Operative Bank India compare with the average salary range for this job?

The average salary of a Assistant Manager at Bombay Mercantile Co-Operative Bank is 27% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bombay Mercantile Co-Operative Bank to a Assistant Manager in India?

Ernst & Young Assistant Manager Salary - ₹9.3 Lakhs to ₹30.0 Lakhs per year
DXC Technology Assistant Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
PwC Assistant Manager Salary - ₹9.6 Lakhs to ₹29.0 Lakhs per year
Accenture Assistant Manager Salary - ₹7.5 Lakhs to ₹29.6 Lakhs per year
JPMorgan Chase & Co. Assistant Manager Salary - ₹6.3 Lakhs to ₹27.8 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Bombay Mercantile Co-Operative Bank in India?

Deloitte Assistant Manager Salary - ₹7.6 Lakhs to ₹24.0 Lakhs per year
LTIMindtree Assistant Manager Salary - ₹5.9 Lakhs to ₹24.0 Lakhs per year
Mphasis Assistant Manager Salary - ₹5.8 Lakhs to ₹22.0 Lakhs per year
Cognizant Assistant Manager Salary - ₹5.3 Lakhs to ₹19.4 Lakhs per year
Capgemini Assistant Manager Salary - ₹5.8 Lakhs to ₹20.9 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Bombay Mercantile Co-Operative Bank in India?

The estimated take-home salary of a Assistant Manager at Bombay Mercantile Co-Operative Bank ranges between ₹46,517 per month to ₹47,620 per month in India. The take-home salary calculation is based on the average Bombay Mercantile Co-Operative Bank Assistant Manager salary in India which ranges between ₹5.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Bombay Mercantile Co-Operative Bank?

According to AmbitionBox, 57% of the Bombay Mercantile Co-Operative Bank Assistant Managers reported a notice period of 3 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Bombay Mercantile Co-Operative Bank Assistant Manager Salaries

Bombay Mercantile Co-Operative Bank Assistant Manager salary in India ranges between ₹5.4 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bombay Mercantile Co-Operative Bank latest salaries received from various employees of Bombay Mercantile Co-Operative Bank.