Indian Bank Pune Manager Salaries by 4 Employees

9 - 12 years exp.

₹12 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Manager Salary in Banking Companies for 9 - 12 years of experience

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Last Updated: 25 Apr 2024

Companies similar to Indian Bank for Manager in Pune

Indian Bank Manager Salary

9 - 12 years exp. (4 salaries)

₹12 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (309 salaries)	₹4 L/yr - ₹14 L/yr 46% less
Deutsche Bank Manager Salary 7 - 16 years exp. (135 salaries)	₹6 L/yr - ₹21 L/yr 8% less
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Yes Bank Manager Salary 0 - 15 years exp. (120 salaries)	₹4.6 L/yr - ₹12 L/yr 44% less
IndusInd Bank Manager Salary 1 - 16 years exp. (99 salaries)	₹3.7 L/yr - ₹12.5 L/yr 50% less	2 job openings
IDFC FIRST Bank Manager Salary 1 - 11 years exp. (82 salaries)	₹4.3 L/yr - ₹12 L/yr 46% less
Bank of Maharashtra Manager Salary 5 - 13 years exp. (64 salaries)	₹7 L/yr - ₹20 L/yr 8% more
IDBI Bank Manager Salary 6 - 16 years exp. (46 salaries)	₹10 L/yr - ₹26 L/yr 28% more
Barclays Manager Salary 6 - 15 years exp. (28 salaries)	₹7.9 L/yr - ₹27 L/yr 16% more
AU Small Finance Bank Manager Salary 3 - 10 years exp. (22 salaries)	₹5.1 L/yr - ₹14.4 L/yr 41% less	1 job opening
Federal Bank Manager Salary 3 - 11 years exp. (19 salaries)	₹8.5 L/yr - ₹19.4 L/yr 11% more
Union Bank of India Manager Salary 5 - 12 years exp. (17 salaries)	₹7.5 L/yr - ₹19 L/yr 1% more
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Bank of America Manager Salary 6 - 16 years exp. (15 salaries)	₹14.5 L/yr - ₹33 L/yr 73% more	7 job openings
Central Bank of India Manager Salary 6 - 12 years exp. (8 salaries)	₹10 L/yr - ₹15 L/yr 17% less
Jana Small Finance Bank Manager Salary 4 - 11 years exp. (8 salaries)	₹4.1 L/yr - ₹9.5 L/yr 57% less
Indian Overseas Bank Manager Salary 9 - 11 years exp. (5 salaries)	₹11 L/yr - ₹22 L/yr At par
Equitas Small Finance Bank Manager Salary 6 - 14 years exp. (3 salaries)	₹5.8 L/yr - ₹8.5 L/yr 45% less
HSBC Global Banking and Markets Manager Salary 10 - 14 years exp. (3 salaries)	₹10 L/yr - ₹17.4 L/yr 2% more

Manager salary at Indian Bank ranges between ₹12 Lakhs to ₹16 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Manager salaries in Pune

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
10 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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11 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
12 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr

From

Manager

₹

Lakhs/yr

3 - 15 years exp.

Assistant General Manager

₹

Lakhs/yr

17 - 32 years exp.

Manager

3 - 15 years exp.

Senior Manager

8 - 14 years exp.

45% hike

Chief Manager

10 - 18 years exp.

17% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Salary related reviews for Indian Bank

Manager in Coimbatore

H.R and operational Department

5.0

• posted on 28 Aug 2018

5.0

for Salary and Benefits

Likes

The company should be with in our reach, global client can also in expectations, career growth salary as expected with our norms, learning and works environment, innovation should be appreciated. These are the only best for the wishes..

Salary - Excellent

+6 more

Dislikes

Work pressure should not be very , continuous working hours in a day or two to be avoided, value of an individual strength should not be curtailed, suggestions and appreciate nature not to be negative.

Manager in Mumbai

Legal & Regulatory Department

4.0

• posted on 04 Nov 2019

5.0

for Salary and Benefits

Likes

being a public sector undertaking they are rightly a model employers and you get security good pay and work satisfaction

Salary - Excellent

+4 more

Dislikes

Transfers and little bit of politics and difficulty in work life balance as they are not considerate about employees difficulties. They can be more accomadating without compromising on output

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.

see more salary related reviews

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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 Manager Salary FAQs

What is the salary of Manager at Indian Bank in Pune?

The average salary of a Manager at Indian Bank in Pune typically ranges from ₹12.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Manager in Pune at Indian Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. 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 4 Indian Bank employees in India.

What is the estimated take home salary of a Manager at Indian Bank in Pune?

The estimated take-home salary of a Manager at Indian Bank in Pune typically ranges from ₹1,03,069 to ₹1,05,890 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 9 years to 12 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 4 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 Manager in India?

Bank of America	₹14.5 Lakhs to ₹33.0 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹26.0 Lakhs per year
Barclays	₹7.9 Lakhs to ₹27.0 Lakhs per year
Federal Bank	₹8.5 Lakhs to ₹19.4 Lakhs per year
Bank of Maharashtra	₹7.0 Lakhs to ₹20.0 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 Manager in companies similar to Indian Bank in Pune?

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

HSBC Global Banking and Markets	₹10.0 Lakhs to ₹17.4 Lakhs per year
Union Bank of India	₹7.5 Lakhs to ₹19.0 Lakhs per year
Indian Overseas Bank	₹11.0 Lakhs to ₹22.0 Lakhs per year
Deutsche Bank	₹6.0 Lakhs to ₹21.0 Lakhs per year
Central Bank of India	₹10.0 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 Manager at Indian Bank in Pune?

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

Experience	Average Salary Range
9 years	₹13.4 Lakhs to ₹17.2 Lakhs per year
10 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
11 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
12 years	₹13.9 Lakhs to ₹17.7 Lakhs per year

and so on.

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Indian Bank Manager salary in Pune ranges between ₹12 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Bank latest salaries received from various employees of Indian Bank.