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India Post Payments Bank Assistant General Manager salaries in India

Annual salary range
5 - 17 years exp.
₹14 Lakhs - ₹23 Lakhs
Salary of majority employees
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24% less than the average Assistant General Manager Salary in Banking Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant General Manager Salary
5 - 17 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹20 L/yr

Teaching & Training
Assistant General Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 17 Aug 2023

Companies similar to India Post Payments Bank for Assistant General Manager

Company name Avg Annual Salary Open Jobs
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IDBI Bank Assistant General Manager Salary

12 - 20 years exp. (396 salaries)

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₹12 L/yr - ₹35 L/yr

arrow icon 44% more
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₹15 L/yr - ₹55 L/yr

arrow icon 67% more
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Canara Bank Assistant General Manager Salary

15 - 31 years exp. (40 salaries)

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₹15 L/yr - ₹45 L/yr

arrow icon 57% more
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₹15 L/yr - ₹52 L/yr

arrow icon 65% more
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₹18 L/yr - ₹59.4 L/yr

arrow icon 102% more
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Bank of India Assistant General Manager Salary

19 - 31 years exp. (18 salaries)

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₹14 L/yr - ₹46.8 L/yr

arrow icon 55% more
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₹10 L/yr - ₹34 L/yr

arrow icon 19% more
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Bank Muscat Assistant General Manager Salary

11 - 20 years exp. (8 salaries)

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₹11 L/yr - ₹28 L/yr

arrow icon 26% more
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Shinhan Bank Assistant General Manager Salary

12 - 21 years exp. (7 salaries)

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₹24 L/yr - ₹34 L/yr

arrow icon 50% more
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₹17 L/yr - ₹18 L/yr

arrow icon 8% less
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₹5.2 L/yr - ₹5.4 L/yr

arrow icon 72% less
Assistant General Manager salary at India Post Payments Bank ranges between ₹14 Lakhs to ₹23 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of India Post Payments Bank.

Latest annual salaries shared by India Post Payments Bank Assistant General Manager

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12 years exp.
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15 years exp.
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5 years exp.
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17 years exp.

Experience wise India Post Payments Bank Assistant General Manager salaries

Last Updated: 17 Aug 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr
12 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
15+ years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in India Post Payments Bank

Regional Manager Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
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₹9 L/yr - ₹12 L/yr
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₹13.5 L/yr - ₹15 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr
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₹2.5 L/yr - ₹3.3 L/yr
Branch Manager Salary
(15 salaries)
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₹10.35 L/yr - ₹20.74 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
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₹5.32 L/yr - ₹9.45 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
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₹2.5 L/yr - ₹4.3 L/yr

Salary related reviews for India Post Payments Bank

Finance & Accounting Department

1.0
  •  posted on 12 May 2021

2.0
 for  Salary and Benefits

Likes

...nsfer phobia from top management among employees. No cordination from top heads. No revised salary of 11 bps and arrears. Sometimes situation comes for decreasing Salary .

read more

Dislikes

  • Salary - Poor
  • Skill development - Bad
  • +4 more

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 20 Jul 2019

4.0
 for  Salary and Benefits

Likes

Apart from salary and a flashy designation not even a single thing is there to like!

read more
  • Salary - Good

Dislikes

No learning at all! Be prepared to lose and forget the skills that you have developed over the years,while working with other banks as you will not get to do banking at all!!!!! One has to everything else from arranging camps in jhuggis and slums to configuring phones to handling service issues raised by customers,as post office counters refuse to serve the customers! And yes last but not the least, be prepared to get bashed by DoP officials and insensitive IPPB Corporate Office team. Don’t ever think of joining this bank as your career would go nowhere once you join this bank! Pathetic and worst organisation that I have ever worked with!

read more
  • Skill development - Bad
  • +4 more

Full Time

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Finance & Accounting Department

1.0
  •  posted on 31 Dec 2023

1.0
 for  Salary and Benefits

Likes

Worst experience from IPPB which collaborated with India post i.e. govt. Entity. Don't apply such organization which needs target and has pressure over head every time.

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Dislikes

I don't like this organization. Banking sector in India are in poor condition regarding humanitarian basis. They don't serve people but targeting people to fulfill business target. Such hectic can't explain in words.

read more
  • Salary - Bad
  • +2 more

Full Time

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BFSI, Investments & Trading Department

5.0
  •  posted on 24 Oct 2023

5.0
 for  Salary and Benefits

Likes

1. Opportunity to work with Government start up. 2. Work experience with the largest network, Department of Posts 3. Ability to serve the under privileged, financially excluded.

read more
  • Salary - Excellent
  • +5 more

Dislikes

1. Staff to access point parity.

Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 22 Nov 2023

5.0
 for  Salary and Benefits

Likes

Pay is good.

  • Salary - Excellent

Dislikes

Third-party product sales is running the bank's own products. Server issue with the banking platform. Most importantly the basis of IPPB was built on was with help of DOP but they themselves have now become non-cooperative. No mental peace at all.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

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India Post Payments Bank Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at India Post Payments Bank ?
The average salary of a Assistant General Manager at India Post Payments Bank in India typically ranges from ₹14.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Assistant General Manager at India Post Payments Bank earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Assistant General Manager Salaries at India Post Payments Bank 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 4 India Post Payments Bank employees in India.
What is the estimated take home salary of a Assistant General Manager at India Post Payments Bank in India?
The estimated take-home salary of a Assistant General Manager at India Post Payments Bank in India typically ranges from ₹1,25,088 to ₹1,29,023 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 5 years to 17 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 4 salaries received from various employees of India Post Payments Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than India Post Payments Bank for Assistant General Manager in India?
Reserve Bank of India ₹18.0 Lakhs to ₹59.4 Lakhs per year
State Bank of India ₹15.0 Lakhs to ₹55.0 Lakhs per year
Union Bank of India ₹15.0 Lakhs to ₹52.0 Lakhs per year
Canara Bank ₹15.0 Lakhs to ₹45.0 Lakhs per year
Bank of India ₹14.0 Lakhs to ₹46.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Post Payments Bank, depending on the role and experience level.
What is the salary of a Assistant General Manager in companies similar to India Post Payments Bank in India?
The salary of a Assistant General Manager at companies similar to India Post Payments Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shinhan Bank ₹24.0 Lakhs to ₹34.0 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹35.0 Lakhs per year
Bank Muscat ₹11.0 Lakhs to ₹28.0 Lakhs per year
Central Bank of India ₹10.0 Lakhs to ₹34.0 Lakhs per year
Abu Dhabi Commercial Bank ₹17.0 Lakhs to ₹18.0 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 Assistant General Manager at India Post Payments Bank in India?
The salary growth for a Assistant General Manager at India Post Payments Bank depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager can expect the following growth trajectory at India Post Payments Bank:

Experience Average Salary Range
5 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
12 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
15 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
and so on.

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India Post Payments Bank Assistant General Manager salary in India ranges between ₹14 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.