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India Post Payments Bank Chief Manager salaries in India

Annual salary range
8 - 17 years exp.
₹16 Lakhs - ₹30 Lakhs
Salary of majority employees
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5% more than the average Chief Manager Salary in Banking Companies for 8 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
12 - 15 years exp. (5 salaries)
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₹20 L/yr - ₹26 L/yr

Product Management
Chief Manager Salary
8 - 16 years exp. (3 salaries)
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₹26 L/yr - ₹30 L/yr

Finance & Accounting
Chief Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹23.3 L/yr - ₹25.2 L/yr

Strategic & Top Management
Chief Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹22.3 L/yr

Last Updated: 17 Dec 2024

Companies similar to India Post Payments Bank for Chief Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Chief Manager Salary

11 - 22 years exp. (365 salaries)

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₹15 L/yr - ₹50 L/yr

arrow icon 41% more
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Bank of India Chief Manager Salary

10 - 19 years exp. (164 salaries)

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₹11.6 L/yr - ₹45 L/yr

arrow icon 14% more
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Union Bank of India Chief Manager Salary

10 - 17 years exp. (156 salaries)

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₹12 L/yr - ₹42 L/yr

arrow icon 24% more
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Canara Bank Chief Manager Salary

10 - 22 years exp. (150 salaries)

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₹13.1 L/yr - ₹45 L/yr

arrow icon 11% more
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Central Bank of India Chief Manager Salary

11 - 17 years exp. (53 salaries)

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₹12 L/yr - ₹42.2 L/yr

arrow icon 6% more
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Bank Muscat Chief Manager Salary

8 - 25 years exp. (9 salaries)

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₹18 L/yr - ₹31 L/yr

arrow icon 2% more
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New India Co-Op Bank Chief Manager Salary

10 - 30 years exp. (5 salaries)

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₹7 L/yr - ₹9.5 L/yr

arrow icon 66% less
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₹11 L/yr - ₹14 L/yr

arrow icon 49% less
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₹9.8 L/yr - ₹13.8 L/yr

arrow icon 47% less
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Shinhan Bank Chief Manager Salary

10 - 26 years exp. (3 salaries)

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₹15 L/yr - ₹21 L/yr

arrow icon 24% less
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Citizen Co-operative Bank Chief Manager Salary

11 - 24 years exp. (3 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 64% less
Chief Manager salary at India Post Payments Bank ranges between ₹16 Lakhs to ₹30 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 17 latest salaries received from various employees of India Post Payments Bank.

Latest annual salaries shared by India Post Payments Bank Chief Manager

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16 years exp.
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13 years exp.
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13 years exp.
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12 years exp.
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15 years exp.
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15 years exp.
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13 years exp.
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12 years exp.
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10 years exp.
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12 years exp.

Experience wise India Post Payments Bank Chief Manager salaries

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹27 L/yr
9 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.8 L/yr
10 years (AmbitionBox Estimate)

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₹16 L/yr - ₹25.2 L/yr
11 years (AmbitionBox Estimate)

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₹18 L/yr - ₹41.3 L/yr
12 years  (5 salaries)

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₹20 L/yr - ₹30 L/yr
View all

Similar Designation salaries in India Post Payments Bank

Area Manager Salary
(AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Branch Manager Salary
(15 salaries)
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₹10.35 L/yr - ₹20.74 L/yr
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₹5.32 L/yr - ₹9.45 L/yr
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₹11 L/yr - ₹17 L/yr
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₹9 L/yr - ₹12 L/yr
Area Head Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
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₹2.5 L/yr - ₹3.3 L/yr
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₹11.9 L/yr - ₹27 L/yr

Salary related reviews for India Post Payments Bank

3.9

Rated by 2 employees for salary & benefits

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!

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  • 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.

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  • 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

 · 

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 Chief Manager Salary FAQs

What is the salary of Chief Manager at India Post Payments Bank ?
The average salary of a Chief Manager at India Post Payments Bank in India typically ranges from ₹16.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Chief Manager at India Post Payments Bank earn more than ₹26.8 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Chief 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 Chief Manager at India Post Payments Bank in India?
The estimated take-home salary of a Chief Manager at India Post Payments Bank in India typically ranges from ₹1,49,548 to ₹1,55,173 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 8 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 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 Chief Manager in India?
State Bank of India ₹15.0 Lakhs to ₹50.0 Lakhs per year
Union Bank of India ₹12.0 Lakhs to ₹42.0 Lakhs per year
Bank of India ₹11.6 Lakhs to ₹45.0 Lakhs per year
Canara Bank ₹13.1 Lakhs to ₹45.0 Lakhs per year
Central Bank of India ₹12.0 Lakhs to ₹42.2 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 Chief Manager in companies similar to India Post Payments Bank in India?
The salary of a Chief 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:

Bank Muscat ₹18.0 Lakhs to ₹31.0 Lakhs per year
Shinhan Bank ₹15.0 Lakhs to ₹21.0 Lakhs per year
Rajkot Nagarik Sahakari Bank ₹9.8 Lakhs to ₹13.8 Lakhs per year
Abhyudaya Co-operative Bank ₹11.0 Lakhs to ₹14.0 Lakhs per year
Citizen Co-operative Bank ₹5.0 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 Chief Manager at India Post Payments Bank in India?
The salary growth for a Chief Manager at India Post Payments Bank depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at India Post Payments Bank:

Experience Average Salary Range
8 years ₹8.9 Lakhs to ₹27.0 Lakhs per year
9 years ₹20.2 Lakhs to ₹25.8 Lakhs per year
10 years ₹16.0 Lakhs to ₹25.2 Lakhs per year
11 years ₹18.0 Lakhs to ₹41.3 Lakhs per year
and so on.

Tell us how to improve this page.

India Post Payments Bank Chief Manager salary in India ranges between ₹16 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.