India Post Payments Bank Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹7.5 Lakhs - ₹16 Lakhs

Salary of majority employees

29% more than the average Assistant Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 4 - 6 years exp. (3 salaries)	₹7.5 L/yr - ₹11 L/yr
Finance & Accounting Assistant Manager Salary 2 - 7 years exp. (3 salaries)	₹8 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹11.4 L/yr
Sales & Business Development Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.3 L/yr

Last Updated: 8 Dec 2024

Companies similar to India Post Payments Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager Salary 0 - 12 years exp. (522 salaries)	₹5.4 L/yr - ₹18 L/yr 13% more
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	₹1.8 L/yr - ₹7.3 L/yr 65% less
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 63% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15.1k salaries)	₹1.8 L/yr - ₹6 L/yr 63% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1 L/yr - ₹5 L/yr 68% less
Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (126 salaries)	₹5 L/yr - ₹13 L/yr 16% less
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (256 salaries)	₹5.4 L/yr - ₹21 L/yr 16% more
Canara Bank Assistant Manager Salary 2 - 11 years exp. (292 salaries)	₹5.1 L/yr - ₹20 L/yr 12% more
Union Bank of India Assistant Manager Salary 1 - 12 years exp. (259 salaries)	₹5 L/yr - ₹16 L/yr 2% more
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (717 salaries)	₹6 L/yr - ₹21 L/yr 13% more
Vodafone Idea Assistant Manager Salary 0 - 14 years exp. (4.3k salaries)	₹5 L/yr - ₹15.5 L/yr 18% less
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Fino Payments Bank Assistant Manager Salary 1 - 10 years exp. (317 salaries)	₹1.7 L/yr - ₹8.1 L/yr 60% less
Baroda Global Shared Services Assistant Manager Salary 4 - 11 years exp. (237 salaries)	₹2 L/yr - ₹6.1 L/yr 57% less
PayU Payments Assistant Manager Salary 3 - 13 years exp. (196 salaries)	₹4.6 L/yr - ₹15.7 L/yr 8% less
Bank of India Assistant Manager Salary 2 - 11 years exp. (138 salaries)	₹5 L/yr - ₹15 L/yr 5% more
Airtel Payments Bank Assistant Manager Salary 4 - 12 years exp. (123 salaries)	₹3 L/yr - ₹7.7 L/yr 52% less
Shinhan Bank Assistant Manager Salary 2 - 9 years exp. (117 salaries)	₹3.4 L/yr - ₹11 L/yr 40% less
Paytm Payments Bank Assistant Manager Salary 4 - 14 years exp. (90 salaries)	₹5.2 L/yr - ₹18.1 L/yr 10% more
Bank Muscat Assistant Manager Salary 2 - 14 years exp. (89 salaries)	₹5.6 L/yr - ₹14 L/yr 24% less
Mobikwik Assistant Manager Salary 5 - 9 years exp. (56 salaries)	₹4.5 L/yr - ₹12.7 L/yr 28% less	1 job opening

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Assistant Manager salary at India Post Payments Bank ranges between ₹7.5 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 16 latest salaries received from various employees of India Post Payments Bank.

Experience wise India Post Payments Bank Assistant Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹18.3 L/yr
3 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹18.6 L/yr
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4 years (6 salaries)	₹7.5 L/yr - ₹11.4 L/yr
5 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
6 years (4 salaries)	₹8 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr

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Salary related reviews for India Post Payments Bank

4.4

Rated by 2 employees for salary & benefits

Operations Manager

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!

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!

Skill development - Bad

+4 more

Branch Head in West Bengal

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 .

Dislikes

Salary - Poor

+4 more
Skill development - Bad

+4 more

Banking Officer in Akola

Full Time

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.

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.

Salary - Bad

+2 more

Senior Branch Operations Manager in Palakkad

Full Time

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.

Salary - Excellent

+5 more

Dislikes

1. Staff to access point parity.

Senior Manager in Visakhapatnam

Full Time

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.

Skill development - Bad

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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India Post Payments Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at India Post Payments Bank?

Assistant Manager salary at India Post Payments Bank in India ranges between ₹7.5 Lakhs to ₹16.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 29% more than the average Assistant Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of India Post Payments Bank India.

How does the salary of a Assistant Manager at India Post Payments Bank India compare with the average salary range for this job?

The average salary of a Assistant Manager at India Post Payments Bank is 29% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than India Post Payments Bank to a Assistant Manager in India?

Oaknorth Bank Assistant Manager Salary - ₹7.5 Lakhs to ₹17.9 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹5.4 Lakhs to ₹21.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.4 Lakhs to ₹18.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.1 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to India Post Payments Bank in India?

Paytm Payments Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Royal Bank of Scotland International Assistant Manager Salary - ₹6.1 Lakhs to ₹15.0 Lakhs per year
PayU Payments Assistant Manager Salary - ₹4.6 Lakhs to ₹15.7 Lakhs per year

What is the estimated take home salary of a Assistant Manager at India Post Payments Bank in India?

The estimated take-home salary of a Assistant Manager at India Post Payments Bank ranges between ₹77,799 per month to ₹79,820 per month in India. The take-home salary calculation is based on the average India Post Payments Bank Assistant Manager salary in India which ranges between ₹7.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at India Post Payments Bank?

According to AmbitionBox, 75% of the India Post Payments Bank Assistant Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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India Post Payments Bank Assistant Manager Salaries

India Post Payments Bank Assistant Manager salary in India ranges between ₹7.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.