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Central Bank of India Manager salaries in Mumbai

Annual salary range
5 - 8 years exp.
₹9 Lakhs - ₹18 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% less than the average Manager Salary in Banking Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹14.3 L/yr - ₹15.1 L/yr

Finance & Accounting
Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹15.1 L/yr - ₹16.5 L/yr

Last Updated: 18 Jan 2024

Companies similar to Central Bank of India for Manager in Mumbai

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Central Bank of India Manager Salary

5 - 8 years exp. (8 salaries)

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₹9 L/yr - ₹18 L/yr

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Company name Avg Annual Salary Open Jobs
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Yes Bank Manager Salary

0 - 17 years exp. (890 salaries)

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₹4.3 L/yr - ₹15 L/yr

arrow icon 40% less
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IndusInd Bank Manager Salary

0 - 16 years exp. (629 salaries)

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₹3.4 L/yr - ₹12.2 L/yr

arrow icon 48% less
3 job openings
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (486 salaries)

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₹3.7 L/yr - ₹12.7 L/yr

arrow icon 42% less
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IDBI Bank Manager Salary

6 - 17 years exp. (182 salaries)

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₹9.1 L/yr - ₹29 L/yr

arrow icon 30% more
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Standard Chartered Manager Salary

2 - 19 years exp. (138 salaries)

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₹7 L/yr - ₹27 L/yr

At par
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Bank of America Manager Salary

5 - 17 years exp. (119 salaries)

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₹11.7 L/yr - ₹37 L/yr

arrow icon 80% more
3 job openings
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AU Small Finance Bank Manager Salary

3 - 14 years exp. (76 salaries)

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₹4 L/yr - ₹17 L/yr

arrow icon 37% less
1 job opening
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Deutsche Bank Manager Salary

7 - 17 years exp. (76 salaries)

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₹6.3 L/yr - ₹22 L/yr

At par
1 job opening
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Canara Bank Manager Salary

4 - 14 years exp. (59 salaries)

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₹8.5 L/yr - ₹25 L/yr

arrow icon 14% more
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Federal Bank Manager Salary

3 - 12 years exp. (58 salaries)

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₹9 L/yr - ₹23 L/yr

arrow icon 19% more
View all
Manager salary at Central Bank of India ranges between ₹9 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Central Bank of India.

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

1y ago
₹15.1 Lakhs
6 years exp.
1y ago
₹15 Lakhs
5 years exp.

Experience wise Central Bank of India Manager salaries in Mumbai

Last Updated: 18 Jan 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.1 L/yr
6 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.1 L/yr
7 years  (3 salaries)

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₹10 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
Central Bank of India Manager Salary and Career Growth

From

To

Manager

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5 - 12 years exp.

Assistant General Manager

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12 - 34 years exp.

Manager

5 - 12 years exp.
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Senior Manager

7 - 15 years exp.
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arrow icon 51% hike

Chief Manager

11 - 17 years exp.
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arrow icon 31% 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 Central Bank of India

Credit Manager Salary
(5 salaries)
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₹11.35 L/yr - ₹16 L/yr

Salary related reviews for Central Bank of India

4.0

Rated by 4 employees for salary & benefits

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

read more
  • Skill development - Excellent
  • +5 more

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

 · 

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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Central Bank of India Manager Salary FAQs

What is the salary of Manager at Central Bank of India in Mumbai?
The average salary of a Manager at Central Bank of India in Mumbai typically ranges from ₹9.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Manager in Mumbai at Central Bank of India earn more than ₹17.7 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. 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 8 Central Bank of India employees in India.
What is the estimated take home salary of a Manager at Central Bank of India in Mumbai?
The estimated take-home salary of a Manager at Central Bank of India in Mumbai typically ranges from ₹1,03,551 to ₹1,06,387 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 8 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 Manager in India?
Reserve Bank of India ₹18.0 Lakhs to ₹46.0 Lakhs per year
Bank of America ₹11.7 Lakhs to ₹37.0 Lakhs per year
IDBI Bank ₹9.1 Lakhs to ₹29.0 Lakhs per year
Federal Bank ₹9.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank ₹8.5 Lakhs to ₹25.0 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 Manager in companies similar to Central Bank of India in Mumbai?
The salary of a 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:

Union Bank of India ₹7.0 Lakhs to ₹24.0 Lakhs per year
Barclays ₹11.5 Lakhs to ₹21.0 Lakhs per year
Bank of Maharashtra ₹10.0 Lakhs to ₹19.0 Lakhs per year
Standard Chartered ₹7.0 Lakhs to ₹27.0 Lakhs per year
Deutsche Bank ₹6.3 Lakhs to ₹22.0 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 Manager at Central Bank of India in Mumbai?
The salary growth for a Manager at Central Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Central Bank of India:

Experience Average Salary Range
5 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
6 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
7 years ₹10.0 Lakhs to ₹17.0 Lakhs per year
8 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
and so on.

Tell us how to improve this page.

Central Bank of India Manager salary in Mumbai ranges between ₹9 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Central Bank of India latest salaries received from various employees of Central Bank of India.