India Post Payments Bank New Delhi Senior Manager Salaries by 10+ Employees (Updated 2024)

11 - 16 years exp.

₹12.1 Lakhs - ₹26.4 Lakhs

Salary of majority employees

7% more than the average Senior Manager Salary in Banking Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 11 - 16 years exp. (5 salaries)	₹12.1 L/yr - ₹26.4 L/yr
Risk Management & Compliance Senior Manager Salary 11 - 13 years exp. (3 salaries)	₹23.5 L/yr - ₹26.4 L/yr
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Sales & Business Development Senior Manager Salary 11 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹23.3 L/yr

Last Updated: 28 Nov 2024

Companies similar to India Post Payments Bank for Senior Manager in New Delhi

India Post Payments Bank Senior Manager Salary

11 - 16 years exp. (12 salaries)

₹12.1 L/yr - ₹26.4 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Salary 6 - 15 years exp. (12 salaries)	₹13.8 L/yr - ₹26 L/yr 9% less
ICICI Bank Senior Manager Salary 2 - 17 years exp. (223 salaries)	₹8.7 L/yr - ₹28 L/yr 24% less
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HDFC Bank Senior Manager Salary 3 - 21 years exp. (789 salaries)	₹7 L/yr - ₹26 L/yr 34% less
Axis Bank Senior Manager Salary 3 - 21 years exp. (522 salaries)	₹7.8 L/yr - ₹22.6 L/yr 33% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 0 - 18 years exp. (454 salaries)	₹6.1 L/yr - ₹21 L/yr 47% less
Punjab National Bank Senior Manager Salary 7 - 14 years exp. (66 salaries)	₹11.8 L/yr - ₹38 L/yr 5% less
Bank of Baroda Senior Manager Salary 7 - 16 years exp. (61 salaries)	₹9.2 L/yr - ₹30 L/yr 7% less
Canara Bank Senior Manager Salary 7 - 14 years exp. (44 salaries)	₹9.1 L/yr - ₹30 L/yr 7% less
Union Bank of India Senior Manager Salary 8 - 14 years exp. (26 salaries)	₹10.5 L/yr - ₹28 L/yr 11% less
IDBI Bank Senior Manager Salary 13 - 15 years exp. (4 salaries)	₹16.5 L/yr - ₹20 L/yr 22% less
Vodafone Idea Senior Manager Salary 9 - 20 years exp. (44 salaries)	₹9.3 L/yr - ₹38 L/yr At par
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PayU Payments Senior Manager Salary 6 - 14 years exp. (21 salaries)	₹13 L/yr - ₹30 L/yr 4% less
Airtel Payments Bank Senior Manager Salary 7 - 16 years exp. (17 salaries)	₹10.8 L/yr - ₹22.5 L/yr 21% less
Central Bank of India Senior Manager Salary 8 - 15 years exp. (13 salaries)	₹10 L/yr - ₹20 L/yr 16% less
Paytm Payments Bank Senior Manager Salary 8 - 17 years exp. (13 salaries)	₹15 L/yr - ₹35 L/yr 1% more
Bank of India Senior Manager Salary 9 - 12 years exp. (10 salaries)	₹12 L/yr - ₹20 L/yr 23% less
Oaknorth Bank Senior Manager Salary 5 - 10 years exp. (9 salaries)	₹14 L/yr - ₹30 L/yr 5% more
Royal Bank of Scotland International Senior Manager Salary 10 - 15 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 30% less
Aditya Birla Idea Payments Bank Senior Manager Salary 10 - 11 years exp. (3 salaries)	₹9 L/yr - ₹12.7 L/yr 54% less
Fino Payments Bank Senior Manager Salary 11 - 13 years exp. (3 salaries)	₹9.3 L/yr - ₹14.9 L/yr 44% less

Senior Manager salary at India Post Payments Bank ranges between ₹12.1 Lakhs to ₹26.4 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of India Post Payments Bank.

Experience wise India Post Payments Bank Senior Manager salaries in New Delhi

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
11 years (5 salaries)	₹12.1 L/yr - ₹25 L/yr
12 years (AmbitionBox Estimate)	₹21 L/yr - ₹23 L/yr
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13 years (AmbitionBox Estimate)	₹9 L/yr - ₹25 L/yr
14 years (AmbitionBox Estimate)	₹20 L/yr - ₹41.1 L/yr
15+ years (AmbitionBox Estimate)	₹22 L/yr - ₹26.4 L/yr

Salary related reviews for India Post Payments Bank

3.8

Rated by 6 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 .

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!

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!

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.

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.

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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India Post Payments Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at India Post Payments Bank New Delhi?

Senior Manager salary at India Post Payments Bank in New Delhi ranges between ₹12.1 Lakhs to ₹26.4 Lakhs for experience between 11 years to 16 years. According to our estimates it is 7% more than the average Senior Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of India Post Payments Bank New Delhi.

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

The average salary of a Senior Manager at India Post Payments Bank is 7% more than the average salary of a Senior Manager in New Delhi. To know exact salary insights, login to view.

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

Oaknorth Bank Senior Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Paytm Payments Bank Senior Manager Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
Vodafone Idea Senior Manager Salary - ₹9.3 Lakhs to ₹38.0 Lakhs per year

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

PayU Payments Senior Manager Salary - ₹13.0 Lakhs to ₹30.0 Lakhs per year
Punjab National Bank Senior Manager Salary - ₹11.8 Lakhs to ₹38.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹9.1 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda Senior Manager Salary - ₹9.2 Lakhs to ₹30.0 Lakhs per year
State Bank of India Senior Manager Salary - ₹13.8 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at India Post Payments Bank ranges between ₹1,45,801 per month to ₹1,51,257 per month in New Delhi. The take-home salary calculation is based on the average India Post Payments Bank Senior Manager salary in India which ranges between ₹12.1 Lakhs to ₹26.4 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at India Post Payments Bank in New Delhi?

According to AmbitionBox, 91% of the India Post Payments Bank Senior Managers in New Delhi reported a notice period of 3 Months, 9% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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India Post Payments Bank Senior Manager Salaries in New Delhi

India Post Payments Bank Senior Manager salary in New Delhi ranges between ₹12.1 Lakhs to ₹26.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.