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

Annual salary range
7 - 14 years exp.
₹12.1 Lakhs - ₹25 Lakhs
Salary of majority employees
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At par with the average Senior Manager Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
9 - 14 years exp. (12 salaries)
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₹12.1 L/yr - ₹24 L/yr

Finance & Accounting
Senior Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹18.3 L/yr - ₹25 L/yr

Risk Management & Compliance
Senior Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹23.3 L/yr - ₹24.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to Central Bank of India for Senior Manager in Mumbai

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Central Bank of India Senior Manager Salary

7 - 14 years exp. (22 salaries)

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₹12.1 L/yr - ₹25 L/yr

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Company name Avg Annual Salary Open Jobs
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Yes Bank Senior Manager Salary

2 - 18 years exp. (950 salaries)

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₹6.5 L/yr - ₹21.5 L/yr

arrow icon 38% less
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IDFC FIRST Bank Senior Manager Salary

2 - 18 years exp. (569 salaries)

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₹7 L/yr - ₹24.3 L/yr

arrow icon 26% less
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IndusInd Bank Senior Manager Salary

6 - 17 years exp. (148 salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 40% less
6 job openings
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AU Small Finance Bank Senior Manager Salary

4 - 18 years exp. (91 salaries)

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₹6.3 L/yr - ₹21 L/yr

arrow icon 26% less
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Union Bank of India Senior Manager Salary

8 - 15 years exp. (85 salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 5% more
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Bank of America Senior Manager Salary

8 - 17 years exp. (71 salaries)

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₹20 L/yr - ₹45 L/yr

arrow icon 62% more
3 job openings
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Standard Chartered Senior Manager Salary

7 - 18 years exp. (51 salaries)

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₹9 L/yr - ₹36.8 L/yr

arrow icon 6% more
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Federal Bank Senior Manager Salary

6 - 15 years exp. (46 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 10% more
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Deutsche Bank Senior Manager Salary

9 - 17 years exp. (27 salaries)

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₹10 L/yr - ₹23.3 L/yr

arrow icon 14% less
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Canara Bank Senior Manager Salary

8 - 14 years exp. (25 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 10% more
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Bank of India Senior Manager Salary

9 - 12 years exp. (20 salaries)

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₹11.3 L/yr - ₹25 L/yr

arrow icon 4% more
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Bank of Maharashtra Senior Manager Salary

8 - 13 years exp. (16 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 6% more
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Jana Small Finance Bank Senior Manager Salary

6 - 17 years exp. (16 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 52% less
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UCO Bank Senior Manager Salary

9 - 13 years exp. (13 salaries)

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₹16 L/yr - ₹30 L/yr

arrow icon 3% more
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Indian Bank Senior Manager Salary

8 - 14 years exp. (11 salaries)

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₹12 L/yr - ₹24 L/yr

arrow icon 3% more
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NatWest Group Senior Manager Salary

15 - 17 years exp. (8 salaries)

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₹13 L/yr - ₹33 L/yr

arrow icon 8% more
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Allahabad Bank Senior Manager Salary

9 - 16 years exp. (6 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 15% less
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₹5.4 L/yr - ₹13 L/yr

arrow icon 53% less
Senior Manager salary at Central Bank of India ranges between ₹12.1 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 22 latest salaries received from various employees of Central Bank of India.

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

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Experience wise Central Bank of India Senior Manager salaries in Mumbai

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹18.2 L/yr - ₹23.3 L/yr
8 years (AmbitionBox Estimate)

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₹18.4 L/yr - ₹23.5 L/yr
9 years  (4 salaries)

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₹12.1 L/yr - ₹25 L/yr
10 years  (7 salaries)

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₹12.1 L/yr - ₹25 L/yr
11 years  (4 salaries)

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₹20 L/yr - ₹23 L/yr
View all
Central Bank of India Senior Manager Salary and Career Growth

From

To

Senior Manager

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7 - 15 years exp.

Assistant General Manager

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12 - 34 years exp.

Senior Manager 7 - 15 years exp.
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Chief Manager 11 - 17 years exp.
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arrow icon 31% hike
    Assistant General Manager 12 - 34 years exp.
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    arrow icon -10% 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

    Chief Manager Salary
    (14 salaries)
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    ₹20 L/yr - ₹50 L/yr
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    ₹19.76 L/yr - ₹34 L/yr
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    ₹11 L/yr - ₹24 L/yr

    Salary related reviews for Central Bank of India

    4.2

    Rated by 7 employees for salary & benefits

    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

    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.

    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
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    Central Bank of India Senior Manager Salary FAQs

    What is the salary of Senior Manager at Central Bank of India in Mumbai?
    The average salary of a Senior Manager at Central Bank of India in Mumbai typically ranges from ₹12.1 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 7 years to 14 years).

    The top 10% of Senior Manager in Mumbai at Central Bank of India earn more than ₹24.7 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior 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 20+ Central Bank of India employees in India.
    What is the estimated take home salary of a Senior Manager at Central Bank of India in Mumbai?
    The estimated take-home salary of a Senior Manager at Central Bank of India in Mumbai typically ranges from ₹1,36,934 to ₹1,41,990 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 7 years to 14 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 20+ 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 Senior Manager in India?
    Bank of America ₹20.0 Lakhs to ₹45.0 Lakhs per year
    Federal Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
    Canara Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
    NatWest Group ₹13.0 Lakhs to ₹33.0 Lakhs per year
    Bank of Maharashtra ₹10.0 Lakhs to ₹28.0 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 Senior Manager in companies similar to Central Bank of India in Mumbai?
    The salary of a Senior 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:

    Standard Chartered ₹9.0 Lakhs to ₹36.8 Lakhs per year
    Union Bank of India ₹9.0 Lakhs to ₹32.0 Lakhs per year
    Bank of India ₹11.3 Lakhs to ₹25.0 Lakhs per year
    UCO Bank ₹16.0 Lakhs to ₹30.0 Lakhs per year
    Indian Bank ₹12.0 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 Senior Manager at Central Bank of India in Mumbai?
    The salary growth for a Senior Manager at Central Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Central Bank of India:

    Experience Average Salary Range
    7 years ₹18.2 Lakhs to ₹23.3 Lakhs per year
    8 years ₹18.4 Lakhs to ₹23.5 Lakhs per year
    9 years ₹12.1 Lakhs to ₹25.0 Lakhs per year
    10 years ₹12.1 Lakhs to ₹25.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Central Bank of India Senior Manager salary in Mumbai ranges between ₹12.1 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Central Bank of India latest salaries received from various employees of Central Bank of India.