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Karnataka Bank Manager salaries in Mumbai

Annual salary range
6 - 13 years exp.
₹10 Lakhs - ₹20 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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12% less than the average Manager Salary in Banking Companies for 6 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Consulting
Manager Salary
11 - 13 years exp. (3 salaries)
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₹14.5 L/yr - ₹20 L/yr

BFSI, Investments & Trading
Manager Salary
7 - 12 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹13.8 L/yr

Customer Success, Service & Operations
Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹14.1 L/yr - ₹16.5 L/yr

Last Updated: 30 Dec 2024

Companies similar to Karnataka Bank for Manager in Mumbai

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Karnataka Bank Manager Salary

6 - 13 years exp. (11 salaries)

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₹10 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Manager Salary

0 - 18 years exp. (1.7k salaries)

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₹5.5 L/yr - ₹17.2 L/yr

arrow icon 29% less
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ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹6 L/yr - ₹22.4 L/yr

arrow icon 13% less
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Yes Bank Manager Salary

0 - 17 years exp. (892 salaries)

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₹4.3 L/yr - ₹15.5 L/yr

arrow icon 38% less
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IndusInd Bank Manager Salary

0 - 17 years exp. (631 salaries)

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₹3.4 L/yr - ₹12.5 L/yr

arrow icon 46% less
3 job openings
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (486 salaries)

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₹3.7 L/yr - ₹12.7 L/yr

arrow icon 40% less
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RBL Bank Manager Salary

2 - 16 years exp. (298 salaries)

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₹4.2 L/yr - ₹15.7 L/yr

arrow icon 39% less
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IDBI Bank Manager Salary

6 - 17 years exp. (182 salaries)

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₹9.1 L/yr - ₹29 L/yr

arrow icon 34% more
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Standard Chartered Manager Salary

2 - 19 years exp. (136 salaries)

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₹7 L/yr - ₹26.6 L/yr

arrow icon 3% more
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Bank of America Manager Salary

5 - 17 years exp. (120 salaries)

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₹11.7 L/yr - ₹37 L/yr

arrow icon 86% more
3 job openings
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DCB Bank Manager Salary

7 - 16 years exp. (94 salaries)

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₹4.5 L/yr - ₹14 L/yr

arrow icon 37% less
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AU Small Finance Bank Manager Salary

3 - 14 years exp. (76 salaries)

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₹4 L/yr - ₹17 L/yr

arrow icon 35% less
1 job opening
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Deutsche Bank Manager Salary

7 - 17 years exp. (76 salaries)

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₹6.3 L/yr - ₹22 L/yr

arrow icon 3% more
1 job opening
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Federal Bank Manager Salary

3 - 13 years exp. (58 salaries)

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₹9 L/yr - ₹23 L/yr

arrow icon 23% more
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Bank of Baroda Manager Salary

5 - 14 years exp. (56 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 22% more
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Suryoday Small Finance Bank Manager Salary

6 - 13 years exp. (31 salaries)

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₹5.1 L/yr - ₹15 L/yr

arrow icon 29% less
1 job opening
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CSB Bank Manager Salary

2 - 14 years exp. (32 salaries)

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₹4.5 L/yr - ₹17.7 L/yr

arrow icon 31% less
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Jana Small Finance Bank Manager Salary

4 - 12 years exp. (20 salaries)

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₹3.9 L/yr - ₹10 L/yr

arrow icon 53% less
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Karur Vysya Bank Manager Salary

6 - 14 years exp. (21 salaries)

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₹7 L/yr - ₹20.4 L/yr

At par
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DBS Bank Manager Salary

2 - 13 years exp. (19 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 26% less
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HSBC Bank Manager Salary

9 - 17 years exp. (18 salaries)

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₹5.5 L/yr - ₹17 L/yr

arrow icon 10% less
View all
Manager salary at Karnataka Bank ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Karnataka Bank.

Latest annual salaries shared by Karnataka Bank Manager in Mumbai

3mo ago
₹20 Lakhs
13 years exp.
1y ago
₹18 Lakhs
13 years exp.
1y ago
₹17 Lakhs
12 years exp.
1y ago
₹14.5 Lakhs
11 years exp.
1y ago
₹16.5 Lakhs
12 years exp.

Experience wise Karnataka Bank Manager salaries in Mumbai

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
7 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
8 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.8 L/yr
9 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.9 L/yr
10 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹17 L/yr
View all

Similar Designation salaries in Karnataka Bank

Clerk Salary
(7 salaries)
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₹3.5 L/yr - ₹6 L/yr
Clerical Staff Salary
(3 salaries)
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₹4 L/yr - ₹5.4 L/yr
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₹4.2 L/yr - ₹7 L/yr
Officer Salary
(3 salaries)
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₹7 L/yr - ₹11 L/yr

Salary related reviews for Karnataka Bank

3.0

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No Transparency in transfer policy.

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

read more

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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

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

  • Promotions - Bad
  • +3 more

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

read more
  • 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 .

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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Karnataka Bank Manager Salary FAQs

What is the salary of Manager at Karnataka Bank in Mumbai?
The average salary of a Manager at Karnataka Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Manager in Mumbai at Karnataka Bank earn more than ₹18.8 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. 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 10+ Karnataka Bank employees in India.
What is the estimated take home salary of a Manager at Karnataka Bank in Mumbai?
The estimated take-home salary of a Manager at Karnataka Bank in Mumbai typically ranges from ₹1,00,747 to ₹1,03,493 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 Karnataka Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Karnataka Bank for Manager in India?
Bank of America ₹11.7 Lakhs to ₹37.0 Lakhs per year
IDBI Bank ₹9.1 Lakhs to ₹29.0 Lakhs per year
Federal Bank ₹9.0 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda ₹9.0 Lakhs to ₹25.0 Lakhs per year
State Street Bank ₹12.2 Lakhs to ₹17.4 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 Manager in companies similar to Karnataka Bank in Mumbai?
The salary of a Manager at companies similar to Karnataka Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹11.5 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank ₹6.3 Lakhs to ₹22.0 Lakhs per year
Standard Chartered ₹7.0 Lakhs to ₹26.6 Lakhs per year
Karur Vysya Bank ₹7.0 Lakhs to ₹20.4 Lakhs per year
HSBC Global Banking and Markets ₹11.0 Lakhs to ₹17.2 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 Manager at Karnataka Bank in Mumbai?
The salary growth for a Manager at Karnataka Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Karnataka Bank:

Experience Average Salary Range
6 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
7 years ₹13.1 Lakhs to ₹16.7 Lakhs per year
8 years ₹13.2 Lakhs to ₹16.8 Lakhs per year
9 years ₹13.2 Lakhs to ₹16.9 Lakhs per year
and so on.

Tell us how to improve this page.

Karnataka Bank Manager salary in Mumbai ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Karnataka Bank latest salaries received from various employees of Karnataka Bank.