Indian Bank Retired Chief Manager Salaries by 5 Employees

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₹12 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Retired Chief Manager Salary in Banking Companies for 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retired Chief Manager Salary 31 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr
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Finance & Accounting Retired Chief Manager Salary 31 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr

Last Updated: 7 May 2023

Companies similar to Indian Bank for Retired Chief Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Retired Chief Manager Salary 31 - 32 years exp. (16 salaries)	₹6 L/yr - ₹21 L/yr 17% less
ICICI Bank Retired Chief Manager Salary 8 - 12 years exp. (5 salaries)	₹19 L/yr - ₹41.7 L/yr 70% more
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Punjab National Bank Retired Chief Manager Salary 31 - 35 years exp. (5 salaries)	₹5 L/yr - ₹15 L/yr 34% less
Canara Bank Retired Chief Manager Salary 31 years exp. (7 salaries)	₹4.5 L/yr - ₹14 L/yr 43% less
Kotak Mahindra Bank Retired Chief Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹24 L/yr 40% more
Union Bank of India Retired Chief Manager Salary 31 years exp. (6 salaries)	₹9 L/yr - ₹12.6 L/yr 28% less
Central Bank of India Retired Chief Manager Salary 30 - 31 years exp. (5 salaries)	₹5.9 L/yr - ₹18 L/yr 5% less
Bank of Maharashtra Retired Chief Manager Salary 31 years exp. (4 salaries)	₹10.7 L/yr - ₹15 L/yr 11% less
IndusInd Bank Retired Chief Manager Salary 3 - 12 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 25% less
UCO Bank Retired Chief Manager Salary 31 years exp. (3 salaries)	₹9.1 L/yr - ₹12 L/yr 28% less

Retired Chief Manager salary at Indian Bank ranges between ₹12 Lakhs to ₹20 Lakhs per year for employees with 31 years of experience. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Retired Chief Manager salaries

Last Updated: 7 May 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹12 L/yr - ₹20 L/yr
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Similar Designation salaries in Indian Bank

Chief Manager Salary

(72 salaries)

₹12.5 L/yr - ₹40 L/yr

Credit Manager Salary

(40 salaries)

₹9 L/yr - ₹17 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Branch Manager Salary

(6 salaries)

₹14 L/yr - ₹21.6 L/yr

Branch Manager Salary

(80 salaries)

₹5.95 L/yr - ₹21.89 L/yr

Operations Manager Salary

(4 salaries)

₹4.8 L/yr - ₹16 L/yr

Deputy Manager Salary

(4 salaries)

₹5.1 L/yr - ₹18 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Assistant Branch Manager Salary

(21 salaries)

₹7.5 L/yr - ₹13 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Indian Bank

4.8

Rated by 6 employees for salary & benefits

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

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 Manager in New Delhi

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.

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.

Skill development - Poor

+4 more

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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 Retired Chief Manager Salary FAQs

What is the salary of Retired Chief Manager at Indian Bank ?

The average salary of a Retired Chief Manager at Indian Bank in India typically ranges from ₹12.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 31 years to 31 years).

The top 10% of Retired Chief Manager at Indian Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Retired Chief 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 5 Indian Bank employees in India.

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

The estimated take-home salary of a Retired Chief Manager at Indian Bank in India typically ranges from ₹1,05,290 to ₹1,08,183 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 31 years to 31 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 5 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 Retired Chief Manager in India?

ICICI Bank	₹19.0 Lakhs to ₹41.7 Lakhs per year
Kotak Mahindra Bank	₹18.0 Lakhs to ₹24.0 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 Retired Chief Manager in companies similar to Indian Bank in India?

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

Central Bank of India	₹5.9 Lakhs to ₹18.0 Lakhs per year
Bank of Maharashtra	₹10.7 Lakhs to ₹15.0 Lakhs per year
State Bank of India	₹6.0 Lakhs to ₹21.0 Lakhs per year
IndusInd Bank	₹10.0 Lakhs to ₹13.5 Lakhs per year
UCO Bank	₹9.1 Lakhs to ₹12.0 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 Retired Chief Manager at Indian Bank in India?

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

Experience	Average Salary Range
15 years	₹12.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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Indian Bank Retired Chief Manager Salaries

Indian Bank Retired Chief Manager salary in India ranges between ₹12 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indian Bank latest salaries received from various employees of Indian Bank.