Upload Button Icon Add office photos
filter salariesFilter salaries by

Central Bank of India Risk Manager salaries in India (Updated 2025)

Annual salary range
3 - 11 years exp.
₹12 Lakhs - ₹18.4 Lakhs
Salary of majority employees
unlock blur
unlock blur

21% more than the average Risk Manager Salary in Banking Companies for 3 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Risk Manager Salary
3 - 7 years exp. (4 salaries)
unlock-blur

₹12.3 L/yr - ₹15.4 L/yr

Risk Management & Compliance
Risk Manager Salary
10 - 11 years exp. (4 salaries)
unlock-blur

₹16.5 L/yr - ₹18.4 L/yr

Last Updated: 26 Jan 2025

Companies similar to Central Bank of India for Risk Manager

Company name Avg Annual Salary Open Jobs
Logo
Yes Bank Risk Manager Salary

1 - 10 years exp. (83 salaries)

unlock blur

₹6 L/yr - ₹17.5 L/yr

arrow icon 33% less
Logo
IDFC FIRST Bank Risk Manager Salary

0 - 4 years exp. (55 salaries)

unlock blur

₹8.1 L/yr - ₹24 L/yr

arrow icon 23% more
Logo
Standard Chartered Risk Manager Salary

7 - 17 years exp. (25 salaries)

unlock blur

₹8.6 L/yr - ₹30 L/yr

arrow icon 37% more
Logo
Canara Bank Risk Manager Salary

4 - 13 years exp. (18 salaries)

unlock blur

₹12 L/yr - ₹34 L/yr

arrow icon 31% more
Logo
Barclays Risk Manager Salary

4 - 13 years exp. (17 salaries)

unlock blur

₹11 L/yr - ₹24 L/yr

arrow icon 14% more
Logo
NatWest Group Risk Manager Salary

6 - 17 years exp. (12 salaries)

unlock blur

₹11.6 L/yr - ₹38 L/yr

arrow icon 42% more
Logo
Union Bank of India Risk Manager Salary

5 - 9 years exp. (10 salaries)

unlock blur

₹10.3 L/yr - ₹18.5 L/yr

arrow icon 7% less
Logo
Indian Bank Risk Manager Salary

5 - 9 years exp. (8 salaries)

unlock blur

₹12 L/yr - ₹20 L/yr

arrow icon 1% more
Logo
IndusInd Bank Risk Manager Salary

9 - 17 years exp. (7 salaries)

unlock blur

₹7.1 L/yr - ₹11.5 L/yr

arrow icon 41% less
Logo
unlock blur

₹6 L/yr - ₹19.4 L/yr

arrow icon 7% less
Logo
unlock blur

₹2.9 L/yr - ₹5.8 L/yr

arrow icon 69% less
Logo
Jana Small Finance Bank Risk Manager Salary

1 - 4 years exp. (6 salaries)

unlock blur

₹1.6 L/yr - ₹5.7 L/yr

arrow icon 63% less
Logo
Bank of India Risk Manager Salary

7 - 12 years exp. (5 salaries)

unlock blur

₹15 L/yr - ₹24 L/yr

arrow icon 17% more
Logo
Bank of Maharashtra Risk Manager Salary

4 - 7 years exp. (4 salaries)

unlock blur

₹11 L/yr - ₹23 L/yr

arrow icon 16% more
Logo
NatWest Markets Risk Manager Salary

1 - 10 years exp. (4 salaries)

unlock blur

₹15.9 L/yr - ₹20 L/yr

arrow icon 13% more
Logo
Bank of America Risk Manager Salary

1 - 6 years exp. (4 salaries)

unlock blur

₹16 L/yr - ₹22 L/yr

arrow icon 22% more
Logo
IDBI Bank Risk Manager Salary

10 - 13 years exp. (3 salaries)

unlock blur

₹15 L/yr - ₹37.4 L/yr

arrow icon 35% more
Logo
Federal Bank Risk Manager Salary

17 - 19 years exp. (3 salaries)

unlock blur

₹0.9 L/yr - ₹1.2 L/yr

arrow icon 93% less
Logo
Deutsche Bank Risk Manager Salary

9 - 10 years exp. (3 salaries)

unlock blur

₹26 L/yr - ₹44 L/yr

arrow icon 89% more
2 job openings
Risk Manager salary at Central Bank of India ranges between ₹12 Lakhs to ₹18.4 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 11 latest salaries received from various employees of Central Bank of India.

Latest annual salaries shared by Central Bank of India Risk Manager

3w ago
avg blur mobile
11 years exp.
4mo ago
avg blur mobile
11 years exp.
4mo ago
avg blur mobile
10 years exp.
7mo ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
8 years exp.

Experience wise Central Bank of India Risk Manager salaries

Last Updated: 26 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹14 L/yr - ₹27.1 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹14 L/yr - ₹27.2 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹12.3 L/yr - ₹27.4 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹13.8 L/yr - ₹17.6 L/yr
7 years  (3 salaries)

unlock blur

₹12 L/yr - ₹27.8 L/yr
View all

Similar Designation salaries in Central Bank of India

Finance Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.4 L/yr - ₹6.9 L/yr
Branch Manager Salary
(44 salaries)
unlock blur
₹5.01 L/yr - ₹16 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7 L/yr - ₹9 L/yr
Team Lead Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 L/yr
Accountant Salary
(4 salaries)
unlock blur
₹1 L/yr - ₹8.4 L/yr
Auditor Salary
(5 salaries)
unlock blur
₹1.4 L/yr - ₹3.6 L/yr
Audit Associate Salary
(AmbitionBox Estimate)
unlock blur
₹1.1 L/yr - ₹1.4 L/yr
unlock blur
₹1.5 L/yr - ₹3 L/yr
Internal Auditor Salary
(AmbitionBox Estimate)
unlock blur
₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Central Bank of India

5.0

Rated by 1 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)

read more

Dislikes

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

read more
  • 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.

read more
  • Work satisfaction - Poor
  • +2 more

Contractual

 · 

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.

read more
  • Job security - Bad

Contractual

 · 

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.

read more

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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Central Bank of India Risk Manager Salary FAQs

What is the salary of Risk Manager at Central Bank of India ?
The average salary of a Risk Manager at Central Bank of India in India typically ranges from ₹12.0 Lakhs to ₹18.4 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Risk Manager at Central Bank of India earn more than ₹18.2 Lakhs per year, and the top 1% earn over ₹18.4 Lakhs per year. Risk 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 10+ Central Bank of India employees in India.
What is the estimated take home salary of a Risk Manager at Central Bank of India in India?
The estimated take-home salary of a Risk Manager at Central Bank of India in India typically ranges from ₹1,05,431 to ₹1,08,328 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹18.4 Lakhs per year for employees with experience ranging from 3 years to 11 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 10+ 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 Risk Manager in India?
Deutsche Bank ₹26.0 Lakhs to ₹44.0 Lakhs per year
NatWest Group ₹11.6 Lakhs to ₹38.0 Lakhs per year
Standard Chartered ₹8.6 Lakhs to ₹30.0 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹37.4 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹34.0 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 Risk Manager in companies similar to Central Bank of India in India?
The salary of a Risk Manager at companies similar to Central Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹8.1 Lakhs to ₹24.0 Lakhs per year
Bank of America ₹16.0 Lakhs to ₹22.0 Lakhs per year
Bank of India ₹15.0 Lakhs to ₹24.0 Lakhs per year
Bank of Maharashtra ₹11.0 Lakhs to ₹23.0 Lakhs per year
Barclays ₹11.0 Lakhs to ₹24.0 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 Risk Manager at Central Bank of India in India?
The salary growth for a Risk Manager at Central Bank of India depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at Central Bank of India:

Experience Average Salary Range
3 years ₹14.0 Lakhs to ₹27.1 Lakhs per year
4 years ₹14.0 Lakhs to ₹27.2 Lakhs per year
5 years ₹12.3 Lakhs to ₹27.4 Lakhs per year
6 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
and so on.

Tell us how to improve this page.

Central Bank of India Risk Manager salary in India ranges between ₹12 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Central Bank of India latest salaries received from various employees of Central Bank of India.