Karnataka Bank Chennai Assistant Manager Salaries by 3 Employees

4 - 12 years exp.

₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% more than the average Assistant Manager Salary in Banking Companies for 4 - 12 years of experience

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Last Updated: 20 Aug 2023

Companies similar to Karnataka Bank for Assistant Manager in Chennai

Karnataka Bank Assistant Manager Salary

4 - 12 years exp. (3 salaries)

₹9 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.8 L/yr - ₹6 L/yr 63% less	1 job opening
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (679 salaries)	₹2 L/yr - ₹5.3 L/yr 63% less
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Yes Bank Assistant Manager Salary 0 - 11 years exp. (508 salaries)	₹2.5 L/yr - ₹6.1 L/yr 59% less	1 job opening
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (407 salaries)	₹5.5 L/yr - ₹19.5 L/yr 10% more
Equitas Small Finance Bank Assistant Manager Salary 0 - 10 years exp. (320 salaries)	₹1.6 L/yr - ₹5.5 L/yr 65% less
IndusInd Bank Assistant Manager Salary 0 - 11 years exp. (208 salaries)	₹2 L/yr - ₹5.1 L/yr 65% less
Barclays Assistant Manager Salary 2 - 15 years exp. (202 salaries)	₹7.6 L/yr - ₹23 L/yr 26% more
City Union Bank Assistant Manager Salary 0 - 12 years exp. (191 salaries)	₹4.5 L/yr - ₹11 L/yr 31% less	1 job opening
Karur Vysya Bank Assistant Manager Salary 2 - 12 years exp. (155 salaries)	₹5 L/yr - ₹14.3 L/yr 17% less
DBS Bank Assistant Manager Salary 2 - 11 years exp. (132 salaries)	₹3.2 L/yr - ₹9.5 L/yr 43% less
DCB Bank Assistant Manager Salary 0 - 10 years exp. (102 salaries)	₹2 L/yr - ₹4.4 L/yr 68% less
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IDFC FIRST Bank Assistant Manager Salary 1 - 10 years exp. (94 salaries)	₹2.9 L/yr - ₹7.1 L/yr 55% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (81 salaries)	₹2.8 L/yr - ₹6 L/yr 63% less
CSB Bank Assistant Manager Salary 1 - 10 years exp. (79 salaries)	₹2 L/yr - ₹8.5 L/yr 63% less
NatWest Group Assistant Manager Salary 4 - 15 years exp. (62 salaries)	₹4.8 L/yr - ₹13.7 L/yr 15% less
Federal Bank Assistant Manager Salary 1 - 9 years exp. (56 salaries)	₹6 L/yr - ₹15 L/yr 15% more
HSBC Bank Assistant Manager Salary 4 - 13 years exp. (43 salaries)	₹3.4 L/yr - ₹12 L/yr 24% less
Jana Small Finance Bank Assistant Manager Salary 1 - 11 years exp. (39 salaries)	₹2.8 L/yr - ₹7 L/yr 58% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (36 salaries)	₹5.5 L/yr - ₹16 L/yr 14% more
Suryoday Small Finance Bank Assistant Manager Salary 2 - 8 years exp. (21 salaries)	₹2.8 L/yr - ₹6.4 L/yr 55% less

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Assistant Manager salary at Karnataka Bank ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Karnataka Bank.

Experience wise Karnataka Bank Assistant Manager salaries in Chennai

Last Updated: 20 Aug 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
5 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
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6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

View all

Similar Designation salaries in Karnataka Bank

Assistant Branch Manager Salary

(4 salaries)

₹9 L/yr - ₹11.11 L/yr

Branch Manager Salary

(3 salaries)

₹6 L/yr - ₹11.89 L/yr

Salary related reviews for Karnataka Bank

Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Jan 2025

5.0

for Salary and Benefits

Likes

...ulture is good. I worked in other companies also but KBL is good choice to work. Salary credit on time. Much betzer to PSU banks.

Salary - Excellent

+6 more

Dislikes

No Transparency in transfer policy.

Clerk in Ludhiana

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Dec 2023

5.0

for Salary and Benefits

Likes

Work culture is nice all staff was so helpful helping you in learning new things

Salary - Excellent

+6 more

Dislikes

Posting is very bad in this bank mumbai person posted to Punjab very pathetic transfer policy all people's shuffle from their home state

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 Sep 2023

3.0

for Salary and Benefits

Likes

Faster promotion opportunities

Job security - Good

+1 more

Dislikes

Unhealthy working culture, Intensive work pressure, No time for family, You won't be able to go home if there is dayend check for loan account arrears. Software doesn't work properly. Staff on counter face technical glitches frequently in system which is not promptly resolved.

Work satisfaction - Bad

+2 more

Branch Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

The only thing which is good in Karnataka Bank is all the top executives doesnt have enough knowledge so they doesnt know how to pressure their peers.

Salary - Good

+1 more

Dislikes

The promotional activity, they give promotion on caste, recommendations etc. No score for your knowledge.

Promotions - Bad

+3 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

A lot of learning, meet a lot of people, contacts, new places to see. job security. Loans at very less rates. New software installed

Skill development - Good

+1 more

Dislikes

Transfers, lot of pressure, a lot of politics when it comes to transfers and promotion. South Indians get preference 1st. Even if you do a lot of certifications you wont get transferred to concerned departments. Marketing pressure is high. Insufficient staff at branches in north branches .

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Karnataka Bank Assistant Manager Salary FAQs

How the salary growth look like for a Assistant Manager at Karnataka Bank in Chennai?

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

Experience	Average Salary Range
4 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
5 years	₹9.4 Lakhs to ₹12.1 Lakhs per year
6 years	₹9.6 Lakhs to ₹12.2 Lakhs per year
7 years	₹9.7 Lakhs to ₹12.4 Lakhs per year

and so on.

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Karnataka Bank Assistant Manager Salaries in Chennai

Karnataka Bank Assistant Manager salary in Chennai ranges between ₹9 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Karnataka Bank latest salaries received from various employees of Karnataka Bank.