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Central Bank of India Assistant General Manager salaries in Mumbai (Updated 2025)

Annual salary range
12 - 28 years exp.
₹19.8 Lakhs - ₹34 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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13% less than the average Assistant General Manager Salary in Banking Companies for 12 - 28 years of experience

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Last Updated: 1 Mar 2025

Companies similar to Central Bank of India for Assistant General Manager in Mumbai

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Central Bank of India Assistant General Manager Salary

12 - 28 years exp. (4 salaries)

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₹19.8 L/yr - ₹34 L/yr

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Company name Avg Annual Salary Open Jobs
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IDBI Bank Assistant General Manager Salary

12 - 20 years exp. (115 salaries)

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₹14 L/yr - ₹35 L/yr

arrow icon 21% more
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₹18 L/yr - ₹64.7 L/yr

arrow icon 68% more
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₹18 L/yr - ₹48 L/yr

arrow icon 48% more
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Bank of India Assistant General Manager Salary

20 - 31 years exp. (10 salaries)

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₹15 L/yr - ₹55 L/yr

arrow icon 35% more
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₹24 L/yr - ₹35 L/yr

arrow icon 49% more
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Indian Bank Assistant General Manager Salary

17 - 30 years exp. (7 salaries)

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₹25 L/yr - ₹60 L/yr

arrow icon 55% more
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Canara Bank Assistant General Manager Salary

15 - 19 years exp. (3 salaries)

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₹20 L/yr - ₹38 L/yr

arrow icon 39% more
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UCO Bank Assistant General Manager Salary

15 - 19 years exp. (3 salaries)

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₹13.3 L/yr - ₹26.7 L/yr

arrow icon 17% more
Assistant General Manager salary at Central Bank of India ranges between ₹19.8 Lakhs to ₹34 Lakhs per year for employees with experience between 12 years to 28 years. Salary estimates are based on 4 latest salaries received from various employees of Central Bank of India.

Latest annual salaries shared by Central Bank of India Assistant General Manager in Mumbai

1mo ago
₹30 Lakhs
13 years exp.
1y ago
₹25 Lakhs
28 years exp.
1y ago
₹34 Lakhs
12 years exp.
1y ago
₹34 Lakhs
12 years exp.

Experience wise Central Bank of India Assistant General Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹23 L/yr - ₹29.4 L/yr
13 years (AmbitionBox Estimate)

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₹22.8 L/yr - ₹29.1 L/yr
14 years (AmbitionBox Estimate)

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₹22.6 L/yr - ₹28.8 L/yr
15+ years (AmbitionBox Estimate)

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₹20 L/yr - ₹25.6 L/yr

Similar Designation salaries in Central Bank of India

Chief Manager Salary
(14 salaries)
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₹20 L/yr - ₹50 L/yr
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₹11 L/yr - ₹24 L/yr

Salary related reviews for Central Bank of India

4.5

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Mar 2025

1.0
 for  Salary and Benefits

Likes

Central bank of India one of worst bank in India.. It should be privatized with immediate effect. Regional manager and zonal manager are one of worst.. Even managers treated new joinee Business correspondence, apprentices like labour.. Only work matters to them no work life balance, only target oriented.. Only good was colleagues ( clerks, po's, 4th grade)

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Dislikes

Worst work life balance Less salary Target only Do labour Senior officers treated u like labous

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  • Salary - Bad
  • +6 more

Full Time

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Customer Success, Service & Operations Department

3.0
  •  posted on 17 Aug 2024

4.0
 for  Salary and Benefits

Likes

Job is permanent. Salary and Perks are good.

  • Salary - Good
  • +2 more

Dislikes

There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

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  • Work satisfaction - Poor
  • +2 more

Contractual

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BFSI, Investments & Trading Department

4.0
  •  posted on 20 Sep 2024

3.0
 for  Salary and Benefits

Likes

Employees are very familiar and the work environment is very positive

  • Promotions - Excellent
  • +3 more

Dislikes

The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

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  • Job security - Bad

Contractual

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Other Department

5.0
  •  posted on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

  • Salary - Excellent
  • +6 more

Dislikes

Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

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BFSI, Investments & Trading Department

4.0
  •  posted on 22 Dec 2020

4.0
 for  Salary and Benefits

Likes

Job Security. Freedom to take Credit decision, to work Honest, independent. Regular and increase in Salary every year considerably. Union activities allowed considerably. Regular Training imported at Mumbai and Kolkatta.Job satisfaction that I have served to the needy people of this Great Nation.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is common to all Efficient and others. Some sort of compulsion from Govt side for Credit but not helping for Recovery.

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Central Bank of India Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Central Bank of India in Mumbai?
The average salary of a Assistant General Manager at Central Bank of India in Mumbai typically ranges from ₹19.8 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 12 years to 28 years).

The top 10% of Assistant General Manager in Mumbai at Central Bank of India earn more than ₹34.0 Lakhs per year, and the top 1% earn over ₹34.0 Lakhs per year. Assistant General Manager Salaries at Central 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 Central Bank of India employees in India.
What is the estimated take home salary of a Assistant General Manager at Central Bank of India in Mumbai?
The estimated take-home salary of a Assistant General Manager at Central Bank of India in Mumbai typically ranges from ₹1,46,017 to ₹1,51,483 per month. This is based on the average salary range of ₹19.8 Lakhs to ₹34.0 Lakhs per year for employees with experience ranging from 12 years to 28 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 Central Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Central Bank of India for Assistant General Manager in India?
Reserve Bank of India ₹18.0 Lakhs to ₹64.7 Lakhs per year
Indian Bank ₹25.0 Lakhs to ₹60.0 Lakhs per year
Bank of Maharashtra ₹24.0 Lakhs to ₹35.0 Lakhs per year
Union Bank of India ₹18.0 Lakhs to ₹48.0 Lakhs per year
Canara Bank ₹20.0 Lakhs to ₹38.0 Lakhs per year

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

Bank of India ₹15.0 Lakhs to ₹55.0 Lakhs per year
IDBI Bank ₹14.0 Lakhs to ₹35.0 Lakhs per year
UCO Bank ₹13.3 Lakhs to ₹26.7 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 Assistant General Manager at Central Bank of India in Mumbai?
The salary growth for a Assistant General Manager at Central Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager in Mumbai can expect the following growth trajectory at Central Bank of India:

Experience Average Salary Range
12 years ₹23.0 Lakhs to ₹29.4 Lakhs per year
13 years ₹22.8 Lakhs to ₹29.1 Lakhs per year
14 years ₹22.6 Lakhs to ₹28.8 Lakhs per year
15 years ₹20.0 Lakhs to ₹25.6 Lakhs per year
and so on.

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Central Bank of India Assistant General Manager salary in Mumbai ranges between ₹19.8 Lakhs to ₹34 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Central Bank of India latest salaries received from various employees of Central Bank of India.