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Central Bank of India Manager salaries in Indore

Annual salary range
8 - 9 years exp.
₹7.9 Lakhs - ₹15 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Manager Salary in Banking Companies for 8 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹15 L/yr

Risk Management & Compliance
Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹13.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to Central Bank of India for Manager in Indore

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Central Bank of India Manager Salary

8 - 9 years exp. (3 salaries)

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₹7.9 L/yr - ₹15 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Manager Salary

0 - 16 years exp. (87 salaries)

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₹5.2 L/yr - ₹19.5 L/yr

arrow icon 13% less
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Bank of India Manager Salary

6 - 8 years exp. (4 salaries)

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₹8 L/yr - ₹13.2 L/yr

arrow icon 3% more
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AU Small Finance Bank Manager Salary

3 - 12 years exp. (19 salaries)

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₹3.3 L/yr - ₹10 L/yr

arrow icon 37% less
1 job opening
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Jana Small Finance Bank Manager Salary

4 - 8 years exp. (15 salaries)

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₹3.3 L/yr - ₹7.5 L/yr

arrow icon 52% less
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Equitas Small Finance Bank Manager Salary

9 - 11 years exp. (4 salaries)

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₹5.6 L/yr - ₹8.8 L/yr

arrow icon 36% less
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Bank of Maharashtra Manager Salary

5 - 8 years exp. (3 salaries)

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₹10.4 L/yr - ₹14.5 L/yr

arrow icon 11% more
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Indian Bank Manager Salary

7 - 9 years exp. (3 salaries)

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₹9.6 L/yr - ₹13 L/yr

arrow icon 2% more
Manager salary at Central Bank of India ranges between ₹7.9 Lakhs to ₹15 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Central Bank of India.

Latest annual salaries shared by Central Bank of India Manager in Indore

1y ago
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9 years exp.
1y ago
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9 years exp.
1y ago
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8 years exp.

Experience wise Central Bank of India Manager salaries in Indore

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹22.8 L/yr
9 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹15 L/yr
Central Bank of India Manager Salary and Career Growth

From

To

Manager

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6 - 12 years exp.

Assistant General Manager

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12 - 34 years exp.

Manager 6 - 12 years exp.
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Senior Manager 7 - 13 years exp.
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arrow icon 51% hike
Chief Manager 11 - 15 years exp.
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arrow icon 34% hike

View more

Similar Designation salaries in Central Bank of India

Credit Manager Salary
(3 salaries)
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₹12 L/yr - ₹17 L/yr

Salary related reviews for Central Bank of India

Strategic & Top Management Department

5.0
  •  posted on 09 Dec 2017

3.0
 for  Salary and Benefits

Likes

...r own style of functioning which paves way for team building and achieving goal. Compensation was decent and at par with peers. Career path was not consistent and seniority was relegated which affected the deserving seniors

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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.

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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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

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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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.

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.

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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 Manager Salary FAQs

What is the notice period for Manager at Central Bank of India in Indore?
According to AmbitionBox, 100% of the Central Bank of India Managers in Indore reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Central Bank of India Manager salary in Indore ranges between ₹7.9 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Central Bank of India latest salaries received from various employees of Central Bank of India.