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Indian Bank Branch Manager salaries in India

Annual salary range
4 - 12 years exp.
₹6 Lakhs - ₹20.9 Lakhs
Salary of majority employees
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42% more than the average Branch Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
4 - 12 years exp. (50 salaries)
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₹6 L/yr - ₹20.9 L/yr

Customer Success, Service & Operations
Branch Manager Salary
5 - 10 years exp. (5 salaries)
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₹8 L/yr - ₹18 L/yr

Finance & Accounting
Branch Manager Salary
4 - 11 years exp. (5 salaries)
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₹12 L/yr - ₹15.1 L/yr

Marketing & Communication
Branch Manager Salary
6 - 10 years exp. (3 salaries)
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₹7.2 L/yr - ₹15.6 L/yr

Sales & Business Development
Branch Manager Salary
8 - 11 years exp. (3 salaries)
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₹12 L/yr - ₹15.9 L/yr

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Last Updated: 1 Dec 2024

Companies similar to Indian Bank for Branch Manager

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

5 - 16 years exp. (310 salaries)

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₹7.5 L/yr - ₹30 L/yr

arrow icon 38% more
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (2.4k salaries)

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₹5.3 L/yr - ₹22 L/yr

arrow icon 1% less
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.7k salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 13% more
4 job openings
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Axis Bank Branch Manager Salary

8 - 22 years exp. (331 salaries)

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₹6.2 L/yr - ₹23 L/yr

arrow icon 18% more
2 job openings
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Punjab National Bank Branch Manager Salary

3 - 14 years exp. (49 salaries)

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₹5.8 L/yr - ₹20 L/yr

arrow icon 2% less
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Bank of Baroda Branch Manager Salary

6 - 15 years exp. (138 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 27% more
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Canara Bank Branch Manager Salary

6 - 15 years exp. (149 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 8% more
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Union Bank of India Branch Manager Salary

8 - 12 years exp. (72 salaries)

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₹7 L/yr - ₹21 L/yr

arrow icon 6% more
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IDBI Bank Branch Manager Salary

9 - 16 years exp. (62 salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 42% more
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Bank of India Branch Manager Salary

5 - 12 years exp. (78 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 2% more
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Branch Manager salary at Indian Bank ranges between ₹6 Lakhs to ₹20.9 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 98 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Branch Manager

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12 years exp.
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8 years exp.
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11 years exp.
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7 years exp.
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Experience wise Indian Bank Branch Manager salaries

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
4 years  (5 salaries)

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₹6 L/yr - ₹12 L/yr
5 years  (9 salaries)

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₹6 L/yr - ₹12 L/yr
6 years  (9 salaries)

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₹6 L/yr - ₹15 L/yr
7 years  (14 salaries)

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₹8 L/yr - ₹18 L/yr
8 years  (11 salaries)

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₹6 L/yr - ₹18 L/yr
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Indian Bank Branch Manager Salary and Career Growth

From

To

Branch Manager

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4 - 12 years exp.

Assistant General Manager

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18 - 32 years exp.

Branch Manager 4 - 12 years exp.
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Senior Manager 9 - 14 years exp.
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arrow icon 48% hike
Chief Manager 10 - 15 years exp.
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arrow icon 30% hike

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Similar Designation salaries in Indian Bank

Credit Manager Salary
(38 salaries)
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₹9 L/yr - ₹17 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Branch Head Salary
(13 salaries)
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₹9.05 L/yr - ₹21 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Chief Manager Salary
(68 salaries)
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₹12.5 L/yr - ₹40 L/yr
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₹14 L/yr - ₹21.6 L/yr
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₹4.8 L/yr - ₹16 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Sales Officer Salary
(3 salaries)
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₹2.2 L/yr - ₹2.7 L/yr

Salary related reviews for Indian Bank

3.9

Rated by 14 employees for salary & benefits

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.

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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.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

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Full Time

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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.

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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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Full Time

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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.

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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.

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Full Time

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Finance & Accounting Department

2.0
  •  posted on 17 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job Safety, health insurance, decent salary. Simple Interest on loans for staff and 1% higher interest for staff on deposits.

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Dislikes

Promotion is based on buttering GMs and seniors. Promotion interview marks are noted in pencil and then changed once it reached corporate office based on above criterion. Very few specialist officers are given promotion, preference if only for POs; DO NOT join as specialist officer if you are looking for career growth. Random transferring away from home. Branch Managers are excessively pressurized.

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Indian Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at Indian Bank?
Branch Manager salary at Indian Bank in India ranges between ₹6.0 Lakhs to ₹20.9 Lakhs for experience between 4 years to 12 years. According to our estimates it is 42% more than the average Branch Manager Salary in India. Salary estimates are based on 98 latest salaries received from various employees of Indian Bank India.
How does the salary of a Branch Manager at Indian Bank India compare with the average salary range for this job?
The average salary of a Branch Manager at Indian Bank is 42% 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 Indian Bank to a Branch Manager in India?
  • IDBI Bank Branch Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
  • State Bank of India Branch Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
  • RBL Bank Branch Manager Salary - ₹7.0 Lakhs to ₹28.5 Lakhs per year
  • Indian Overseas Bank Branch Manager Salary - ₹8.0 Lakhs to ₹27.0 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 Indian Bank in India?
  • Kotak Mahindra Bank Branch Manager Salary - ₹6.6 Lakhs to ₹25.6 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
  • South Indian Bank Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
  • Yes Bank Branch Manager Salary - ₹5.9 Lakhs to ₹22.6 Lakhs per year
What is the estimated take home salary of a Branch Manager at Indian Bank in India?
The estimated take-home salary of a Branch Manager at Indian Bank ranges between ₹91,582 per month to ₹94,031 per month in India. The take-home salary calculation is based on the average Indian Bank Branch Manager salary in India which ranges between ₹6.0 Lakhs to ₹20.9 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Indian Bank?
According to AmbitionBox, 60% of the Indian Bank Branch Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Branch Manager salary in India ranges between ₹6 Lakhs to ₹20.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 98 Indian Bank latest salaries received from various employees of Indian Bank.