Coastal Local Area Bank Visakhapatnam Branch Manager Salaries by 3 Employees

10 - 13 years exp.

₹3.9 Lakhs - ₹6.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

25% less than the average Branch Manager Salary in Financial Services Companies for 10 - 13 years of experience

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Last Updated: 9 Mar 2024

Companies similar to Coastal Local Area Bank for Branch Manager in Visakhapatnam

Coastal Local Area Bank Branch Manager Salary

10 - 13 years exp. (3 salaries)

₹3.9 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Choice Equity Broking Branch Manager Salary 13 - 17 years exp. (6 salaries)	₹4.2 L/yr - ₹6.2 L/yr 4% less
Icl Fincorp Branch Manager Salary 8 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹5 L/yr 27% less	7 job openings
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Muthoot Finance Branch Manager Salary 2 - 15 years exp. (31 salaries)	₹2.3 L/yr - ₹7 L/yr 5% less	1 job opening
Muthoot Fincorp Branch Manager Salary 2 - 14 years exp. (25 salaries)	₹2.5 L/yr - ₹5.5 L/yr 18% less	1 job opening
CSB Bank Branch Manager Salary 8 - 15 years exp. (19 salaries)	₹6 L/yr - ₹15 L/yr 111% more

Branch Manager salary at Coastal Local Area Bank ranges between ₹3.9 Lakhs to ₹6.7 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Coastal Local Area Bank.

Experience wise Coastal Local Area Bank Branch Manager salaries in Visakhapatnam

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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12 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Coastal Local Area Bank

Branch Head Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Salary related reviews for Coastal Local Area Bank

Branch Manager

Banking - Branch Head Department

4.0

• posted on 23 Aug 2017

5.0

for Salary and Benefits

Likes

...sphere, job security, No politics, slow career growth because of small net work. In coastal bank no appraisal system, no scale of pay. management give nominal increment to every employee in the financial year beginning

Salary - Excellent

+4 more

Dislikes

Slow growth, No incremental benefit

Assistant Manager in Jangareddigudem

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 Oct 2024

1.0

for Salary and Benefits

Likes

...lete comfort zone.... not war zone no targets no pressure no salary increment... recently introduced variable pay but the V.P achieved so many rules. not respect senior employs.. each branch has a unique rule,, Management gives full support to the staff who are always praising the management... finally good...

Skill development - Excellent

+1 more

Dislikes

Salary increment is very low...

Salary - Bad

+4 more

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Coastal Local Area Bank Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at Coastal Local Area Bank in Visakhapatnam?

The salary growth for a Branch Manager at Coastal Local Area Bank in Visakhapatnam depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Visakhapatnam can expect the following growth trajectory at Coastal Local Area Bank:

Experience	Average Salary Range
10 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
11 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
12 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
13 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Coastal Local Area Bank Branch Manager Salaries in Visakhapatnam

Coastal Local Area Bank Branch Manager salary in Visakhapatnam ranges between ₹3.9 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Coastal Local Area Bank latest salaries received from various employees of Coastal Local Area Bank.