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India Post Payments Bank Assistant Manager salaries in India

Annual salary range
2 - 10 years exp.
₹7.5 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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32% 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)
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₹7.5 L/yr - ₹10.9 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 7 years exp. (3 salaries)
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₹8 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹12.5 L/yr

Sales & Business Development
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11.4 L/yr

Last Updated: 8 Dec 2024

Companies similar to India Post Payments Bank for Assistant Manager

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

0 - 12 years exp. (680 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 11% more
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State Bank of India Assistant Manager Salary

0 - 12 years exp. (515 salaries)

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₹5.4 L/yr - ₹20 L/yr

arrow icon 10% more
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Canara Bank Assistant Manager Salary

2 - 11 years exp. (309 salaries)

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₹5.6 L/yr - ₹21 L/yr

arrow icon 11% more
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Union Bank of India Assistant Manager Salary

0 - 13 years exp. (264 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 1% less
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Bank of India Assistant Manager Salary

0 - 12 years exp. (146 salaries)

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₹5.4 L/yr - ₹15 L/yr

arrow icon 4% less
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Central Bank of India Assistant Manager Salary

0 - 14 years exp. (132 salaries)

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₹5.3 L/yr - ₹15.9 L/yr

arrow icon 8% less
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Shinhan Bank Assistant Manager Salary

2 - 8 years exp. (111 salaries)

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₹3.4 L/yr - ₹11 L/yr

arrow icon 43% less
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Bank Muscat Assistant Manager Salary

0 - 12 years exp. (107 salaries)

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₹4.9 L/yr - ₹12.2 L/yr

arrow icon 28% less
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Mashreq Bank Assistant Manager Salary

5 - 13 years exp. (46 salaries)

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₹8 L/yr - ₹29 L/yr

arrow icon 73% more
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₹6.1 L/yr - ₹15 L/yr

arrow icon 6% less
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Oaknorth Bank Assistant Manager Salary

4 - 10 years exp. (30 salaries)

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₹7.5 L/yr - ₹17.9 L/yr

arrow icon 16% more
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₹4.8 L/yr - ₹10.6 L/yr

arrow icon 44% less
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Reserve Bank of India Assistant Manager Salary

1 - 31 years exp. (27 salaries)

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₹9.6 L/yr - ₹38.8 L/yr

arrow icon 107% more
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₹5.5 L/yr - ₹9 L/yr

arrow icon 32% less
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Emirates NBD Assistant Manager Salary

0 - 14 years exp. (18 salaries)

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₹14.5 L/yr - ₹60 L/yr

arrow icon 213% more
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The Co-operative Bank Assistant Manager Salary

0 - 10 years exp. (14 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 48% less
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New India Co-Op Bank Assistant Manager Salary

3 - 17 years exp. (12 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 49% less
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₹2.1 L/yr - ₹7 L/yr

arrow icon 44% less
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The World Bank Assistant Manager Salary

10 - 17 years exp. (5 salaries)

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₹10 L/yr - ₹12 L/yr

arrow icon 9% less
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First Abu Dhabi Bank Assistant Manager Salary

3 - 10 years exp. (4 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 23% less
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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 18 latest salaries received from various employees of India Post Payments Bank.

Latest annual salaries shared by India Post Payments Bank Assistant Manager

2mo ago
₹11.4 Lakhs
6 years exp.
8mo ago
₹16 Lakhs
7 years exp.
1y ago
₹12 Lakhs
6 years exp.
1y ago
₹15 Lakhs
5 years exp.
1y ago
₹15 Lakhs
4 years exp.
1y ago
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7 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.

Experience wise India Post Payments Bank Assistant Manager salaries

Last Updated: 8 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹19.1 L/yr
3 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹19.3 L/yr
4 years  (8 salaries)

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₹7.5 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹15 L/yr
6 years  (4 salaries)

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₹8 L/yr - ₹12 L/yr
View all

Similar Designation salaries in India Post Payments Bank

Department Manager Salary
(AmbitionBox Estimate)
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₹19.1 L/yr - ₹24.4 L/yr
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₹11 L/yr - ₹17 L/yr
Team Manager Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Branch Manager Salary
(15 salaries)
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₹10.35 L/yr - ₹20.74 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 - ₹3.3 L/yr
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for India Post Payments Bank

4.4

Rated by 2 employees for salary & benefits

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

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 .

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Dislikes

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

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.

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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

 · 

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

 · 

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 Manager Salary FAQs

What is the salary of Assistant Manager at India Post Payments Bank ?
The average salary of a Assistant Manager at India Post Payments Bank in India typically ranges from ₹7.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Assistant Manager at India Post Payments Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Assistant 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 10+ India Post Payments Bank employees in India.
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 in India typically ranges from ₹80,073 to ₹82,158 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 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 Manager in India?
Emirates NBD ₹14.5 Lakhs to ₹60.0 Lakhs per year
Reserve Bank of India ₹9.6 Lakhs to ₹38.8 Lakhs per year
Mashreq Bank ₹8.0 Lakhs to ₹29.0 Lakhs per year
Abu Dhabi Commercial Bank ₹9.6 Lakhs to ₹18.0 Lakhs per year
Oaknorth Bank ₹7.5 Lakhs to ₹17.9 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 Manager in companies similar to India Post Payments Bank in India?
The salary of a Assistant 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:

IDBI Bank ₹6.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank ₹5.6 Lakhs to ₹21.0 Lakhs per year
State Bank of India ₹5.4 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹5.0 Lakhs to ₹16.0 Lakhs per year
Bank of India ₹5.4 Lakhs to ₹15.0 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 Manager at India Post Payments Bank in India?
The salary growth for a Assistant Manager at India Post Payments Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at India Post Payments Bank:

Experience Average Salary Range
2 years ₹8.0 Lakhs to ₹19.1 Lakhs per year
3 years ₹8.5 Lakhs to ₹19.3 Lakhs per year
4 years ₹7.5 Lakhs to ₹15.0 Lakhs per year
5 years ₹4.4 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

India Post Payments Bank Assistant Manager salary in India ranges between ₹7.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.