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Indian Bank Senior Manager salaries in Mumbai

Annual salary range
8 - 14 years exp.
₹12 Lakhs - ₹24 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Senior Manager Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
8 - 13 years exp. (9 salaries)
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₹12 L/yr - ₹21 L/yr

Finance & Accounting
Senior Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹24 L/yr

Last Updated: 2 Aug 2024

Companies similar to Indian Bank for Senior Manager in Mumbai

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Indian Bank Senior Manager Salary

8 - 14 years exp. (11 salaries)

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₹12 L/yr - ₹24 L/yr

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Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Senior Manager Salary

2 - 19 years exp. (1.4k salaries)

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₹6.5 L/yr - ₹20 L/yr

arrow icon 37% less
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Yes Bank Senior Manager Salary

2 - 18 years exp. (949 salaries)

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₹6.5 L/yr - ₹21 L/yr

arrow icon 38% less
1 job opening
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IDFC FIRST Bank Senior Manager Salary

2 - 18 years exp. (569 salaries)

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₹7 L/yr - ₹24.2 L/yr

arrow icon 26% less
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IndusInd Bank Senior Manager Salary

6 - 17 years exp. (147 salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 39% less
6 job openings
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AU Small Finance Bank Senior Manager Salary

4 - 18 years exp. (95 salaries)

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₹6.4 L/yr - ₹21 L/yr

arrow icon 27% less
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Union Bank of India Senior Manager Salary

8 - 15 years exp. (85 salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 7% more
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Bank of America Senior Manager Salary

8 - 18 years exp. (76 salaries)

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₹20 L/yr - ₹45 L/yr

arrow icon 62% more
2 job openings
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Standard Chartered Senior Manager Salary

7 - 17 years exp. (52 salaries)

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₹11 L/yr - ₹42.7 L/yr

arrow icon 17% more
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Federal Bank Senior Manager Salary

6 - 14 years exp. (46 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 15% more
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Bandhan Bank Senior Manager Salary

6 - 18 years exp. (32 salaries)

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₹7.4 L/yr - ₹18 L/yr

arrow icon 34% less
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Deutsche Bank Senior Manager Salary

9 - 17 years exp. (27 salaries)

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₹10 L/yr - ₹23.3 L/yr

arrow icon 12% less
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Central Bank of India Senior Manager Salary

7 - 15 years exp. (22 salaries)

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₹12.1 L/yr - ₹25 L/yr

arrow icon 2% more
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Bank of Maharashtra Senior Manager Salary

8 - 13 years exp. (16 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 8% more
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Jana Small Finance Bank Senior Manager Salary

6 - 17 years exp. (16 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 51% less
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UCO Bank Senior Manager Salary

9 - 13 years exp. (13 salaries)

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₹16 L/yr - ₹30 L/yr

arrow icon 5% more
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NatWest Group Senior Manager Salary

15 - 17 years exp. (8 salaries)

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₹13 L/yr - ₹33 L/yr

arrow icon 10% more
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Allahabad Bank Senior Manager Salary

9 - 16 years exp. (6 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 14% less
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₹5.4 L/yr - ₹13 L/yr

arrow icon 52% less
Senior Manager salary at Indian Bank ranges between ₹12 Lakhs to ₹24 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Senior Manager in Mumbai

8mo ago
₹24 Lakhs
14 years exp.
1y ago
₹12 Lakhs
11 years exp.
1y ago
₹20 Lakhs
10 years exp.

Experience wise Indian Bank Senior Manager salaries in Mumbai

Last Updated: 2 Aug 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.7 L/yr
9 years  (3 salaries)

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₹12 L/yr - ₹38.2 L/yr
10 years (AmbitionBox Estimate)

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₹18.8 L/yr - ₹24.1 L/yr
11 years (AmbitionBox Estimate)

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₹18.6 L/yr - ₹23.7 L/yr
12 years (AmbitionBox Estimate)

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₹18.3 L/yr - ₹23.4 L/yr
View all
Indian Bank Senior Manager Salary and Career Growth

From

To

Senior Manager

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8 - 14 years exp.

Assistant General Manager

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17 - 32 years exp.

Senior Manager 8 - 14 years exp.
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Chief Manager 10 - 18 years exp.
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arrow icon 22% hike
    Assistant General Manager 17 - 32 years exp.
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    arrow icon 16% 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.

    Similar Designation salaries in Indian Bank

    Chief Manager Salary
    (14 salaries)
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    ₹17 L/yr - ₹34 L/yr
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    ₹25 L/yr - ₹60 L/yr

    Salary related reviews for Indian Bank

    2.5

    Rated by 2 employees for salary & benefits

    branch manager Department

    2.0
      •  posted on 08 Aug 2017

    2.0
     for  Salary and Benefits

    Likes

    good atmosphere good salary ,perkes etc well respected

    • Job security - Good

    Dislikes

    no proper coordination with higher authorities. ristriction of leave and difficult to get the work done from sub oridinate due to union pressure and management ignorence

    read more
    • Salary - Poor
    • +4 more

    Different departments at different times. Department

    5.0
      •  posted on 08 Aug 2017

    5.0
     for  Salary and Benefits

    Likes

    ...w products. The Bank has very good team of workers and the work culture is good. Salary is as per the Government norms.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing

    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
    see more salary related reviews

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    Indian Bank Senior Manager Salary FAQs

    What is the salary of Senior Manager at Indian Bank in Mumbai?
    The average salary of a Senior Manager at Indian Bank in Mumbai typically ranges from ₹12.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 8 years to 14 years).

    The top 10% of Senior Manager in Mumbai at Indian Bank earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Senior 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 10+ Indian Bank employees in India.
    What is the estimated take home salary of a Senior Manager at Indian Bank in Mumbai?
    The estimated take-home salary of a Senior Manager at Indian Bank in Mumbai typically ranges from ₹1,35,207 to ₹1,40,184 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 10+ 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 Senior Manager in India?
    Bank of America ₹20.0 Lakhs to ₹45.0 Lakhs per year
    Standard Chartered ₹11.0 Lakhs to ₹42.7 Lakhs per year
    Federal Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
    NatWest Group ₹13.0 Lakhs to ₹33.0 Lakhs per year
    Bank of Maharashtra ₹10.0 Lakhs to ₹28.0 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 Senior Manager in companies similar to Indian Bank in Mumbai?
    The salary of a Senior Manager at companies similar to Indian Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Union Bank of India ₹9.0 Lakhs to ₹32.0 Lakhs per year
    UCO Bank ₹16.0 Lakhs to ₹30.0 Lakhs per year
    Central Bank of India ₹12.1 Lakhs to ₹25.0 Lakhs per year
    Deutsche Bank ₹10.0 Lakhs to ₹23.3 Lakhs per year
    Allahabad Bank ₹11.5 Lakhs to ₹30.0 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 Senior Manager at Indian Bank in Mumbai?
    The salary growth for a Senior Manager at Indian Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Indian Bank:

    Experience Average Salary Range
    8 years ₹19.4 Lakhs to ₹24.7 Lakhs per year
    9 years ₹12.0 Lakhs to ₹38.2 Lakhs per year
    10 years ₹18.8 Lakhs to ₹24.1 Lakhs per year
    11 years ₹18.6 Lakhs to ₹23.7 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Indian Bank Senior Manager salary in Mumbai ranges between ₹12 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Indian Bank latest salaries received from various employees of Indian Bank.