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Indian Bank

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Indian Bank Operations Manager salaries in India (Updated 2025)

Annual salary range
6 - 11 years exp.
₹4.8 Lakhs - ₹16 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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
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State Bank of India Operations Manager Salary

3 - 31 years exp. (10 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 32% more
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HDFC Bank Operations Manager Salary

0 - 18 years exp. (704 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 35% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (500 salaries)

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₹2.6 L/yr - ₹11.4 L/yr

arrow icon 43% less
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Axis Bank Operations Manager Salary

3 - 14 years exp. (467 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 35% less
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₹4.5 L/yr - ₹12 L/yr

arrow icon 21% less
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Bank of Baroda Operations Manager Salary

8 - 13 years exp. (18 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 10% more
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Canara Bank Operations Manager Salary

8 - 12 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 7% more
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (253 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 44% less
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Yes Bank Operations Manager Salary

1 - 16 years exp. (154 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 36% less
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IDBI Bank Operations Manager Salary

6 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 25% more
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (200 salaries)

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₹2.8 L/yr - ₹11.6 L/yr

arrow icon 39% less
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IndusInd Bank Operations Manager Salary

1 - 14 years exp. (164 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 50% less
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AU Small Finance Bank Operations Manager Salary

1 - 12 years exp. (146 salaries)

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₹1.5 L/yr - ₹9 L/yr

arrow icon 61% less
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Deutsche Bank Operations Manager Salary

8 - 16 years exp. (104 salaries)

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₹5.5 L/yr - ₹19 L/yr

arrow icon 6% more
3 job openings
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Bank of America Operations Manager Salary

10 - 18 years exp. (86 salaries)

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₹9.7 L/yr - ₹29.6 L/yr

arrow icon 48% more
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₹1.8 L/yr - ₹8 L/yr

arrow icon 67% less
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₹2 L/yr - ₹9 L/yr

arrow icon 54% less
3 job openings
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Standard Chartered Operations Manager Salary

9 - 18 years exp. (59 salaries)

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₹7.2 L/yr - ₹29 L/yr

arrow icon 39% more
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Bandhan Bank Operations Manager Salary

3 - 13 years exp. (54 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 48% less
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₹2.8 L/yr - ₹10 L/yr

arrow icon 58% less
1 job opening
View all
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.

Latest annual salaries shared by Indian Bank Operations Manager

3d ago
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11 years exp.
2mo ago
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8 years exp.
10mo ago
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10 years exp.

Experience wise Indian Bank Operations Manager salaries

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹20.2 L/yr
9 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹16 L/yr
View all

Similar Designation salaries in Indian Bank

Relationship Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Senior Operations Manager Salary
(AmbitionBox Estimate)
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₹11.5 L/yr - ₹14.7 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr
Team Manager Salary
(4 salaries)
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₹5.5 L/yr - ₹18.35 L/yr
Branch Manager Salary
(80 salaries)
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₹5.95 L/yr - ₹21.89 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
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₹12 L/yr - ₹33 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Team Lead Salary
(4 salaries)
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₹4.7 L/yr - ₹18 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Indian Bank

3.3

Rated by 2 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.

read more
  • 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.

read more
  • Work satisfaction - Poor
  • +1 more

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.

read more
  • Company culture - Poor

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • 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.

read more

Full Time

 · 

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.

read more
  • Job security - Good

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.

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

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Indian Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Indian Bank ?
The average salary of a Operations Manager at Indian Bank in India typically ranges from ₹4.8 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Operations Manager at Indian Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Operations 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 Operations Manager at Indian Bank in India?
The estimated take-home salary of a Operations Manager at Indian Bank in India typically ranges from ₹84,487 to ₹86,697 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 6 years to 11 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 Operations Manager in India?
Bank of America ₹9.7 Lakhs to ₹29.6 Lakhs per year
Standard Chartered ₹7.2 Lakhs to ₹29.0 Lakhs per year
HSBC Global Banking and Markets ₹8.5 Lakhs to ₹19.2 Lakhs per year
State Bank of India ₹12.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹10.0 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 Operations Manager in companies similar to Indian Bank in India?
The salary of a Operations Manager at companies similar to Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹6.0 Lakhs to ₹23.0 Lakhs per year
Bank of Maharashtra ₹10.0 Lakhs to ₹20.0 Lakhs per year
NatWest Markets ₹9.8 Lakhs to ₹18.1 Lakhs per year
Bank of Baroda ₹10.0 Lakhs to ₹18.0 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹13.5 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 Operations Manager at Indian Bank in India?
The salary growth for a Operations Manager at Indian Bank depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Indian Bank:

Experience Average Salary Range
6 years ₹3.4 Lakhs to ₹12.0 Lakhs per year
7 years ₹8.9 Lakhs to ₹11.4 Lakhs per year
8 years ₹4.8 Lakhs to ₹20.2 Lakhs per year
9 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Bank Operations Manager salary in India ranges between ₹4.8 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Bank latest salaries received from various employees of Indian Bank.