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

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33% 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)	Unlock ₹7.5 L/yr - ₹10.9 L/yr
Finance & Accounting Assistant Manager Salary 2 - 7 years exp. (3 salaries)	Unlock ₹8 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹11.4 L/yr - ₹12.5 L/yr
Sales & Business Development Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹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
State Bank of India Assistant Manager Salary 0 - 11 years exp. (509 salaries)	Unlock ₹5.4 L/yr - ₹21 L/yr 15% more
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	Unlock ₹1.7 L/yr - ₹7.3 L/yr 66% less
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 64% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 64% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	Unlock ₹1 L/yr - ₹5 L/yr 69% less
Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (124 salaries)	Unlock ₹5 L/yr - ₹15.2 L/yr 17% less
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (262 salaries)	Unlock ₹5.5 L/yr - ₹21 L/yr 14% more
Canara Bank Assistant Manager Salary 3 - 11 years exp. (258 salaries)	Unlock ₹5.3 L/yr - ₹18 L/yr 9% more
Union Bank of India Assistant Manager Salary 0 - 13 years exp. (190 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 1% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (716 salaries)	Unlock ₹6 L/yr - ₹18 L/yr 9% more
Vodafone Idea Assistant Manager Salary 2 - 13 years exp. (4.1k salaries)	Unlock ₹5 L/yr - ₹15.5 L/yr 20% less
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Fino Payments Bank Assistant Manager Salary 1 - 10 years exp. (324 salaries)	Unlock ₹1.7 L/yr - ₹8.1 L/yr 61% less
PayU Payments Assistant Manager Salary 3 - 13 years exp. (195 salaries)	Unlock ₹4.9 L/yr - ₹16 L/yr 9% less
Bank of India Assistant Manager Salary 0 - 11 years exp. (145 salaries)	Unlock ₹5.1 L/yr - ₹15 L/yr 5% less
Central Bank of India Assistant Manager Salary 0 - 14 years exp. (131 salaries)	Unlock ₹4.5 L/yr - ₹15.9 L/yr 7% less
Airtel Payments Bank Assistant Manager Salary 4 - 12 years exp. (122 salaries)	Unlock ₹3 L/yr - ₹7.5 L/yr 54% less
Shinhan Bank Assistant Manager Salary 2 - 9 years exp. (119 salaries)	Unlock ₹3.4 L/yr - ₹11 L/yr 43% less
Bank Muscat Assistant Manager Salary 0 - 12 years exp. (105 salaries)	Unlock ₹1.8 L/yr - ₹11.6 L/yr 43% less
Paytm Payments Bank Assistant Manager Salary 4 - 14 years exp. (91 salaries)	Unlock ₹5.2 L/yr - ₹18.1 L/yr 12% more
Mobikwik Assistant Manager Salary 5 - 9 years exp. (56 salaries)	Unlock ₹4.5 L/yr - ₹12.7 L/yr 31% 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

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Experience wise India Post Payments Bank Assistant Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹19.1 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹19.3 L/yr
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4 years (8 salaries)	Unlock ₹7.5 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹15 L/yr
6 years (4 salaries)	Unlock ₹8 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹10.4 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹13.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.7 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
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

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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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 33% more than the average Assistant Manager Salary in India. Salary estimates are based on 18 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 33% 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?

Emirates NBD Assistant Manager Salary - ₹15.3 Lakhs to ₹60.0 Lakhs per year
Reserve Bank of India Assistant Manager Salary - ₹9.9 Lakhs to ₹38.0 Lakhs per year
Mashreq Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹29.0 Lakhs per year
Oaknorth Bank Assistant Manager Salary - ₹7.5 Lakhs to ₹17.9 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.4 Lakhs to ₹21.0 Lakhs per year

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

Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year
Paytm Payments Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 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 ₹80,073 per month to ₹82,158 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 18 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.