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

7 - 14 years exp.

₹10.4 Lakhs - ₹17.3 Lakhs

Salary of majority employees

86% more than the average Branch Manager Salary in Banking Companies for 7 - 14 years of experience

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Last Updated: 27 Mar 2024

Companies similar to India Post Payments Bank for Branch Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Salary 5 - 16 years exp. (290 salaries)	₹9 L/yr - ₹33.4 L/yr 18% more
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.5 L/yr - ₹23 L/yr 13% less	5 job openings
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ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.4 L/yr - ₹23 L/yr 22% less
Axis Bank Branch Manager Salary 8 - 22 years exp. (323 salaries)	₹6.2 L/yr - ₹23 L/yr 12% less	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	₹7 L/yr - ₹25.6 L/yr 6% less	1 job opening
Punjab National Bank Branch Manager Salary 3 - 14 years exp. (46 salaries)	₹5.8 L/yr - ₹20 L/yr 26% less
Bank of Baroda Branch Manager Salary 6 - 15 years exp. (131 salaries)	₹7 L/yr - ₹25 L/yr 1% more
Canara Bank Branch Manager Salary 7 - 15 years exp. (123 salaries)	₹6 L/yr - ₹21 L/yr 15% less
Union Bank of India Branch Manager Salary 6 - 12 years exp. (99 salaries)	₹6 L/yr - ₹24 L/yr 11% less
IDBI Bank Branch Manager Salary 9 - 18 years exp. (60 salaries)	₹10 L/yr - ₹32 L/yr 17% more
Bank of India Branch Manager Salary 3 - 12 years exp. (78 salaries)	₹6.5 L/yr - ₹22 L/yr 26% less
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Central Bank of India Branch Manager Salary 5 - 12 years exp. (44 salaries)	₹5 L/yr - ₹16 L/yr 28% less
Fino Payments Bank Branch Manager Salary 2 - 8 years exp. (44 salaries)	₹1.8 L/yr - ₹4.7 L/yr 82% less
Bank Muscat Branch Manager Salary 7 - 15 years exp. (21 salaries)	₹4.3 L/yr - ₹14.9 L/yr 51% less
New India Co-Op Bank Branch Manager Salary 7 - 15 years exp. (20 salaries)	₹5 L/yr - ₹9.5 L/yr 54% less
Vodafone Idea Branch Manager Salary 0 - 16 years exp. (16 salaries)	₹2.7 L/yr - ₹8.4 L/yr 59% less
The Co-operative Bank Branch Manager Salary 2 - 25 years exp. (15 salaries)	₹2 L/yr - ₹8 L/yr 70% less
Abhyudaya Co-operative Bank Branch Manager Salary 9 - 31 years exp. (6 salaries)	₹10.8 L/yr - ₹15 L/yr 18% less
Reserve Bank of India Branch Manager Salary Fresher (5 salaries)	₹25 L/yr - ₹37 L/yr 77% more
Mobikwik Branch Manager Salary 11 - 14 years exp. (5 salaries)	₹8.8 L/yr - ₹13 L/yr 35% less

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Branch Manager salary at India Post Payments Bank ranges between ₹10.4 Lakhs to ₹17.3 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 15 latest salaries received from various employees of India Post Payments Bank.

Experience wise India Post Payments Bank Branch Manager salaries

Last Updated: 27 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹29.2 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹29.6 L/yr
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9 years (4 salaries)	₹12 L/yr - ₹29.9 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹30.3 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹30.6 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹31 L/yr
13 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹31.3 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹31.7 L/yr

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Salary related reviews for India Post Payments Bank

3.5

Rated by 3 employees for salary & benefits

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

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

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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India Post Payments Bank Branch Manager Salary FAQs

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

Branch Manager salary at India Post Payments Bank in India ranges between ₹10.4 Lakhs to ₹17.3 Lakhs for experience between 7 years to 14 years. According to our estimates it is 86% more than the average Branch Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of India Post Payments Bank India.

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

The average salary of a Branch Manager at India Post Payments Bank is 86% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Reserve Bank of India Branch Manager Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹9.0 Lakhs to ₹33.4 Lakhs per year
IDBI Bank Branch Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year

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

Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
Union Bank of India Branch Manager Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Canara Bank Branch Manager Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at India Post Payments Bank ranges between ₹1,14,798 per month to ₹1,17,998 per month in India. The take-home salary calculation is based on the average India Post Payments Bank Branch Manager salary in India which ranges between ₹10.4 Lakhs to ₹17.3 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the India Post Payments Bank Branch Managers reported a notice period of 3 Months, 22% reported a notice period of More than 3 months.This is based on 9 responses on AmbitionBox in last 2 years.

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India Post Payments Bank Branch Manager Salaries

India Post Payments Bank Branch Manager salary in India ranges between ₹10.4 Lakhs to ₹17.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.