Indian Bank Operations Manager Salaries by 4 Employees (Updated 2025)

6 - 11 years exp.

₹4.8 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Operations Manager Salary in Banking Companies for 6 - 11 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Indian Bank for Operations Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Operations Manager Salary 3 - 31 years exp. (9 salaries)	₹12 L/yr - ₹20 L/yr 26% more
HDFC Bank Operations Manager Salary 0 - 18 years exp. (701 salaries)	₹2.8 L/yr - ₹12 L/yr 36% less
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ICICI Bank Operations Manager Salary 0 - 13 years exp. (522 salaries)	₹2.2 L/yr - ₹11.5 L/yr 43% less
Axis Bank Operations Manager Salary 3 - 14 years exp. (476 salaries)	₹2.8 L/yr - ₹12.5 L/yr 36% less
Punjab National Bank Operations Manager Salary 2 - 34 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 21% less
Bank of Baroda Operations Manager Salary 8 - 13 years exp. (18 salaries)	₹10 L/yr - ₹18 L/yr 10% more
Canara Bank Operations Manager Salary 8 - 12 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 7% more
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (257 salaries)	₹2 L/yr - ₹10 L/yr 45% less
Yes Bank Operations Manager Salary 1 - 16 years exp. (158 salaries)	₹3 L/yr - ₹13 L/yr 34% less
IDBI Bank Operations Manager Salary 6 - 15 years exp. (41 salaries)	₹6 L/yr - ₹23 L/yr 25% more
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (238 salaries)	₹3.3 L/yr - ₹11.5 L/yr 38% less
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IndusInd Bank Operations Manager Salary 1 - 12 years exp. (146 salaries)	₹2 L/yr - ₹10.2 L/yr 56% less
AU Small Finance Bank Operations Manager Salary 1 - 12 years exp. (142 salaries)	₹1.5 L/yr - ₹8.7 L/yr 64% less
Deutsche Bank Operations Manager Salary 8 - 16 years exp. (103 salaries)	₹5.5 L/yr - ₹19 L/yr 4% more	4 job openings
Bank of America Operations Manager Salary 10 - 18 years exp. (86 salaries)	₹9.7 L/yr - ₹32 L/yr 50% more	3 job openings
Equitas Small Finance Bank Operations Manager Salary 4 - 12 years exp. (79 salaries)	₹2 L/yr - ₹9 L/yr 56% less
Jana Small Finance Bank Operations Manager Salary 1 - 10 years exp. (79 salaries)	₹1.8 L/yr - ₹8 L/yr 67% less
Standard Chartered Operations Manager Salary 8 - 18 years exp. (56 salaries)	₹7.2 L/yr - ₹26.2 L/yr 26% more
Ujjivan Small Finance Bank Operations Manager Salary 3 - 12 years exp. (47 salaries)	₹2.8 L/yr - ₹10 L/yr 56% less	1 job opening
Bandhan Bank Operations Manager Salary 3 - 10 years exp. (46 salaries)	₹2.5 L/yr - ₹9.5 L/yr 51% less

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Operations Manager salary at Indian Bank ranges between ₹4.8 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Operations Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹20.2 L/yr
9 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹16 L/yr

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Similar Designation salaries in Indian Bank

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Senior Operations Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹13.3 L/yr - ₹17 L/yr

Branch Manager Salary

(84 salaries)

₹5.95 L/yr - ₹21.8 L/yr

Deputy Manager Salary

(4 salaries)

₹5.1 L/yr - ₹18 L/yr

Project Manager Salary

(4 salaries)

₹12 L/yr - ₹33 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Team Lead Salary

(4 salaries)

₹4.7 L/yr - ₹18 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Indian Bank

3.3

Rated by 2 employees for salary & benefits

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 Kolkata

Full Time

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.

Skill development - Bad

+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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Indian Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Indian Bank?

Operations Manager salary at Indian Bank in India ranges between ₹4.8 Lakhs to ₹16.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 9% more than the average Operations Manager 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 Operations Manager at Indian Bank India compare with the average salary range for this job?

The average salary of a Operations Manager at Indian Bank is 9% more than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Bank of America Operations Manager Salary - ₹9.7 Lakhs to ₹32.0 Lakhs per year
HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
State Bank of India Operations Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Standard Chartered Operations Manager Salary - ₹7.2 Lakhs to ₹26.2 Lakhs per year

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

IDBI Bank Operations Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Bank of Maharashtra Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
NatWest Markets Operations Manager Salary - ₹9.8 Lakhs to ₹18.1 Lakhs per year
Bank of Baroda Operations Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Indian Bank ranges between ₹84,487 per month to ₹86,697 per month in India. The take-home salary calculation is based on the average Indian Bank Operations Manager salary in India which ranges between ₹4.8 Lakhs to ₹16.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at Indian Bank?

According to AmbitionBox, 100% of the Indian Bank Operations Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Indian Bank Operations Manager Salaries

Indian Bank Operations Manager salary in India ranges between ₹4.8 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.