Karnataka Bank Mumbai Branch Manager Salaries by 4 Employees

7 - 12 years exp.

₹11.4 Lakhs - ₹16.5 Lakhs

Salary of majority employees

37% more than the average Branch Manager Salary in Banking Companies for 7 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Branch Manager Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹16.5 L/yr
Login to view exact salary
Finance & Accounting Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹15.7 L/yr

Last Updated: 30 Aug 2023

Companies similar to Karnataka Bank for Branch Manager in Mumbai

Karnataka Bank Branch Manager Salary

7 - 12 years exp. (4 salaries)

₹11.4 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 5 - 20 years exp. (222 salaries)	₹6.3 L/yr - ₹25.1 L/yr 1% less
Yes Bank Branch Manager Salary 7 - 19 years exp. (83 salaries)	₹6.3 L/yr - ₹26 L/yr 4% more	3 job openings
Login to view exact salary
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (81 salaries)	₹7.7 L/yr - ₹24.9 L/yr 3% less	108 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (54 salaries)	₹8 L/yr - ₹27.6 L/yr 18% more	4 job openings
RBL Bank Branch Manager Salary 11 - 21 years exp. (48 salaries)	₹11.2 L/yr - ₹28.5 L/yr 24% more	1 job opening
AU Small Finance Bank Branch Manager Salary 5 - 18 years exp. (30 salaries)	₹7.7 L/yr - ₹22.5 L/yr 8% less	1 job opening
CSB Bank Branch Manager Salary 7 - 19 years exp. (27 salaries)	₹6.5 L/yr - ₹18 L/yr 6% less	1 job opening
Equitas Small Finance Bank Branch Manager Salary 6 - 15 years exp. (16 salaries)	₹5.8 L/yr - ₹15.9 L/yr 38% less	28 job openings
Jana Small Finance Bank Branch Manager Salary 8 - 16 years exp. (14 salaries)	₹6.3 L/yr - ₹13 L/yr 38% less	1 job opening
Standard Chartered Branch Manager Salary 12 - 17 years exp. (13 salaries)	₹18 L/yr - ₹46 L/yr 92% more
Suryoday Small Finance Bank Branch Manager Salary 5 - 13 years exp. (12 salaries)	₹3.1 L/yr - ₹11.6 L/yr 51% less	1 job opening
Login to view exact salary
IDBI Bank Branch Manager Salary 9 - 16 years exp. (5 salaries)	₹12 L/yr - ₹30 L/yr 55% more
DCB Bank Branch Manager Salary 8 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹11.5 L/yr 36% less	1 job opening
Bank of Baroda Branch Manager Salary 9 - 13 years exp. (5 salaries)	₹12 L/yr - ₹25 L/yr 26% more
DBS Bank Branch Manager Salary 7 - 16 years exp. (4 salaries)	₹8 L/yr - ₹20 L/yr 12% less	1 job opening
City Union Bank Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹14 L/yr - ₹15.6 L/yr 3% less	1 job opening

Branch Manager salary at Karnataka Bank ranges between ₹11.4 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Karnataka Bank.

Experience wise Karnataka Bank Branch Manager salaries in Mumbai

Last Updated: 30 Aug 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.4 L/yr
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
12 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr

View all

Similar Designation salaries in Karnataka Bank

Senior Branch Manager Salary

(4 salaries)

₹17 L/yr - ₹26 L/yr

Assistant Branch Manager Salary

(3 salaries)

₹7 L/yr - ₹12 L/yr

Salary related reviews for Karnataka Bank

3.0

Rated by 2 employees for salary & benefits

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Karnataka Bank?

Ask anonymously on communities.

Karnataka Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at Karnataka Bank in Mumbai?

The average salary of a Branch Manager at Karnataka Bank in Mumbai typically ranges from ₹11.4 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Branch Manager in Mumbai at Karnataka Bank earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Branch Manager Salaries at Karnataka 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 Karnataka Bank employees in India.

What is the estimated take home salary of a Branch Manager at Karnataka Bank in Mumbai?

The estimated take-home salary of a Branch Manager at Karnataka Bank in Mumbai typically ranges from ₹1,00,741 to ₹1,03,486 per month. This is based on the average salary range of ₹11.4 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 7 years to 12 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 Karnataka Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karnataka Bank for Branch Manager in India?

Standard Chartered	₹18.0 Lakhs to ₹46.0 Lakhs per year
IDBI Bank	₹12.0 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹25.0 Lakhs per year
RBL Bank	₹11.2 Lakhs to ₹28.5 Lakhs per year
IDFC FIRST Bank	₹8.0 Lakhs to ₹27.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karnataka Bank, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Karnataka Bank in Mumbai?

The salary of a Branch Manager at companies similar to Karnataka Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹6.3 Lakhs to ₹26.0 Lakhs per year
ICICI Bank	₹6.3 Lakhs to ₹25.1 Lakhs per year
IndusInd Bank	₹7.7 Lakhs to ₹24.9 Lakhs per year
City Union Bank	₹14.0 Lakhs to ₹15.6 Lakhs per year
CSB Bank	₹6.5 Lakhs to ₹18.0 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 Branch Manager at Karnataka Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹12.9 Lakhs to ₹16.4 Lakhs per year
8 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
9 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
10 years	₹13.5 Lakhs to ₹17.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Karnataka Bank Salaries >
Karnataka Bank Branch Manager Salaries >
Karnataka Bank Branch Manager Salaries in Mumbai

Karnataka Bank Branch Manager salary in Mumbai ranges between ₹11.4 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karnataka Bank latest salaries received from various employees of Karnataka Bank.