Indian Bank Assistant General Manager Salaries by 10+ Employees (Updated 2025)

17 - 32 years exp.

₹25.6 Lakhs - ₹50 Lakhs

Salary of majority employees

20% more than the average Assistant General Manager Salary in Banking Companies for 17 - 32 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant General Manager Salary 17 - 29 years exp. (6 salaries)	₹30.8 L/yr - ₹60 L/yr
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Finance & Accounting Assistant General Manager Salary 31 - 32 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹23.6 L/yr

Last Updated: 28 Jan 2025

Companies similar to Indian Bank for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
IDBI Bank Assistant General Manager Salary 12 - 20 years exp. (404 salaries)	₹12 L/yr - ₹35 L/yr 9% less
Union Bank of India Assistant General Manager Salary 16 - 31 years exp. (29 salaries)	₹15 L/yr - ₹52 L/yr 4% more
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Reserve Bank of India Assistant General Manager Salary 7 - 13 years exp. (21 salaries)	₹18 L/yr - ₹59.4 L/yr 28% more
Bank of Maharashtra Assistant General Manager Salary 10 - 15 years exp. (20 salaries)	₹24 L/yr - ₹42 L/yr 19% more
Central Bank of India Assistant General Manager Salary 12 - 34 years exp. (16 salaries)	₹10 L/yr - ₹34 L/yr 24% less
UCO Bank Assistant General Manager Salary 10 - 19 years exp. (13 salaries)	₹12.8 L/yr - ₹38 L/yr 3% more
Indian Overseas Bank Assistant General Manager Salary 24 - 31 years exp. (8 salaries)	₹8.1 L/yr - ₹31.8 L/yr 36% less
Yes Bank Assistant General Manager Salary 3 - 30 years exp. (4 salaries)	₹16 L/yr - ₹30 L/yr 28% less
Federal Bank Assistant General Manager Salary 24 - 30 years exp. (4 salaries)	₹14 L/yr - ₹30 L/yr 12% less
Kotak Mahindra Bank Assistant General Manager Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 89% less
Vijaya Bank Assistant General Manager Salary 18 - 31 years exp. (4 salaries)	₹15.5 L/yr - ₹40 L/yr 6% less
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State Bank of Patiala Assistant General Manager Salary 30 - 31 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 72% less
Corporation Bank Assistant General Manager Salary 31 years exp. (3 salaries)	₹12.3 L/yr - ₹20 L/yr 55% less

Assistant General Manager salary at Indian Bank ranges between ₹25.6 Lakhs to ₹50 Lakhs per year for employees with experience between 17 years to 32 years. Salary estimates are based on 11 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Assistant General Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
15+ years (11 salaries)	₹11.8 L/yr - ₹50 L/yr
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Similar Designation salaries in Indian Bank

Area Business Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Branch Manager Salary

(80 salaries)

₹5.95 L/yr - ₹21.89 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Deputy Manager Salary

(4 salaries)

₹5.1 L/yr - ₹18 L/yr

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Team Lead Salary

(4 salaries)

₹4.7 L/yr - ₹18 L/yr

Salary related reviews for Indian Bank

4.9

Rated by 9 employees for salary & benefits

Assistant General Manager

BFSI, Investments & Trading Department

5.0

• posted on 04 Oct 2019

4.0

for Salary and Benefits

Likes

...t the country, we may have exposure to different geographical/ linguistic areas. However Salary is restricted as per Industry Level Settlement.

Salary - Good

+6 more

Dislikes

Nothing to describe.

Branch Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

Salary - Good

+2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

Work satisfaction - Poor

+1 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Nov 2024

5.0

for Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

Salary - Excellent

+4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

Company culture - Poor

Assistant Manager in Nadia

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Jul 2024

4.0

for Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

Salary - Good

+1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

Skill development - Poor

+4 more

Assistant Branch Manager in Arambagh

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Mar 2022

3.0

for Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

Job security - Excellent

+3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

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What people are saying about Indian Bank

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mag123

works at

Indian Bank

Seeking job for 25L/annum

I am currently working in indian bank. I am drawing 18 L /annum , has 10 year work experience, previously worked in TCS for 2.5 years, I am currently looking for a job which will pay minimum 25 L / annum with better work/life balance. Which job should I seek?

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Indian Bank Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Indian Bank ?

The average salary of a Assistant General Manager at Indian Bank in India typically ranges from ₹25.6 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 17 years to 32 years).

The top 10% of Assistant General Manager at Indian Bank earn more than ₹54.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Assistant General Manager Salaries at Indian 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+ Indian Bank employees in India.

What is the estimated take home salary of a Assistant General Manager at Indian Bank in India?

The estimated take-home salary of a Assistant General Manager at Indian Bank in India typically ranges from ₹1,83,020 to ₹1,90,159 per month. This is based on the average salary range of ₹25.6 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 17 years to 32 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 Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Bank for Assistant General Manager in India?

Reserve Bank of India	₹18.0 Lakhs to ₹59.4 Lakhs per year
Bank of Maharashtra	₹24.0 Lakhs to ₹42.0 Lakhs per year
Union Bank of India	₹15.0 Lakhs to ₹52.0 Lakhs per year
UCO Bank	₹12.8 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Bank, depending on the role and experience level.

What is the salary of a Assistant General Manager in companies similar to Indian Bank in India?

The salary of a Assistant General Manager at companies similar to Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vijaya Bank	₹15.5 Lakhs to ₹40.0 Lakhs per year
IDBI Bank	₹12.0 Lakhs to ₹35.0 Lakhs per year
Federal Bank	₹14.0 Lakhs to ₹30.0 Lakhs per year
Central Bank of India	₹10.0 Lakhs to ₹34.0 Lakhs per year
Yes Bank	₹16.0 Lakhs to ₹30.0 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 General Manager at Indian Bank in India?

The salary growth for a Assistant General Manager at Indian Bank depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager can expect the following growth trajectory at Indian Bank:

Experience	Average Salary Range
15 years	₹11.8 Lakhs to ₹50.0 Lakhs per year

and so on.

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Indian Bank Assistant General Manager Salaries

Indian Bank Assistant General Manager salary in India ranges between ₹25.6 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Indian Bank latest salaries received from various employees of Indian Bank.

Indian Bank Assistant General Manager salaries in India (Updated 2025)

Companies similar to Indian Bank for Assistant General Manager

Latest annual salaries shared by Indian Bank Assistant General Manager

Experience wise Indian Bank Assistant General Manager salaries

Similar Designation salaries in Indian Bank

Salary related reviews for Indian Bank

Assistant General Manager

Branch Manager in Chennai

Assistant Manager in Mumbai

Assistant Manager in Nadia

Assistant Branch Manager in Arambagh

Indian Bank Assistant General Manager Salary FAQs

Tell us how to improve this page.

Indian Bank Assistant General Manager Salaries by Location