Indian Bank Manager Scale II Salaries by 4 Employees

4 - 8 years exp.

₹11.5 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Manager Scale II Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 19 Sep 2023

Companies similar to Indian Bank for Manager Scale II

Company name	Avg Annual Salary	Open Jobs
Punjab National Bank Manager Scale II Salary 0 - 10 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 18% less
Bank of Baroda Manager Scale II Salary 3 - 11 years exp. (13 salaries)	₹7.2 L/yr - ₹18 L/yr 13% less
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Canara Bank Manager Scale II Salary 5 - 11 years exp. (7 salaries)	₹7.5 L/yr - ₹24.7 L/yr 3% more
Union Bank of India Manager Scale II Salary 2 - 10 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 33% less
IDBI Bank Manager Scale II Salary 10 - 12 years exp. (3 salaries)	₹7 L/yr - ₹23 L/yr 5% more
Federal Bank Manager Scale II Salary 4 - 8 years exp. (14 salaries)	₹6.2 L/yr - ₹22.2 L/yr 3% more
Bank of Maharashtra Manager Scale II Salary 0 - 9 years exp. (8 salaries)	₹9 L/yr - ₹15 L/yr 13% less
DBS Bank Manager Scale II Salary 10 - 17 years exp. (4 salaries)	₹8 L/yr - ₹8.5 L/yr 42% less
Indian Overseas Bank Manager Scale II Salary 7 - 10 years exp. (3 salaries)	₹7 L/yr - ₹16 L/yr 18% less

Manager Scale II salary at Indian Bank ranges between ₹11.5 Lakhs to ₹18 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Manager Scale II salaries

Last Updated: 19 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹22.8 L/yr
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6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18 L/yr

Similar Designation salaries in Indian Bank

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₹9 L/yr - ₹15.5 L/yr

Salary related reviews for Indian Bank

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.

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

Chief Manager Credit in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 21 Apr 2021

3.0

for Salary and Benefits

Likes

Everyone can take part in decision making. Integrity is integral part. The work culture had then this bank to be at the apex of all Banks in terms of profitability and we have endured the testing time in baking industry.

Skill development - Good

+5 more

Dislikes

compensation front

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

see more salary related reviews

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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 Manager Scale II Salary FAQs

What is the salary of Manager Scale II at Indian Bank?

Manager Scale II salary at Indian Bank in India ranges between ₹11.5 Lakhs to ₹18.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 13% more than the average Manager Scale II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank India.

How does the salary of a Manager Scale II at Indian Bank India compare with the average salary range for this job?

The average salary of a Manager Scale II at Indian Bank is 13% more than the average salary of a Manager Scale II in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Bank to a Manager Scale II in India?

IDBI Bank Manager Scale II Salary - ₹7.0 Lakhs to ₹23.0 Lakhs per year
Federal Bank Manager Scale II Salary - ₹6.2 Lakhs to ₹22.2 Lakhs per year
Canara Bank Manager Scale II Salary - ₹7.5 Lakhs to ₹24.7 Lakhs per year

What is the salary of a Manager Scale II in companies similar to Indian Bank in India?

Bank of Baroda Manager Scale II Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year
Bank of Maharashtra Manager Scale II Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Punjab National Bank Manager Scale II Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Indian Overseas Bank Manager Scale II Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India Manager Scale II Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Manager Scale II at Indian Bank ranges between ₹99,408 per month to ₹1,02,111 per month in India. The take-home salary calculation is based on the average Indian Bank Manager Scale II salary in India which ranges between ₹11.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Manager Scale II at Indian Bank?

According to AmbitionBox, 100% of the Indian Bank Manager Scale IIs reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Indian Bank Manager Scale II Salaries

Indian Bank Manager Scale II salary in India ranges between ₹11.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Bank latest salaries received from various employees of Indian Bank.