Karnataka Bank Manager Salaries by 5 Employees (Updated 2024)

5 - 10 years exp.

₹12 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Manager Salary in Banking Companies for 5 - 10 years of experience

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Last Updated: 20 Jun 2024

Companies similar to Karnataka Bank for Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (1k salaries)	₹4.3 L/yr - ₹17 L/yr 32% less	1 job opening
ICICI Bank Manager Salary 0 - 17 years exp. (718 salaries)	₹6 L/yr - ₹21.4 L/yr 13% less
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Axis Bank Manager Salary 0 - 18 years exp. (539 salaries)	₹4.5 L/yr - ₹17.2 L/yr 27% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (583 salaries)	₹4 L/yr - ₹14.4 L/yr 41% less
Yes Bank Manager Salary 0 - 16 years exp. (306 salaries)	₹5 L/yr - ₹14 L/yr 34% less
IndusInd Bank Manager Salary 0 - 16 years exp. (173 salaries)	₹3.2 L/yr - ₹12 L/yr 47% less	1 job opening
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (131 salaries)	₹4 L/yr - ₹13.5 L/yr 41% less
Federal Bank Manager Salary 4 - 11 years exp. (27 salaries)	₹8 L/yr - ₹22 L/yr 13% more
RBL Bank Manager Salary 2 - 16 years exp. (68 salaries)	₹5 L/yr - ₹14.3 L/yr 36% less
Bandhan Bank Manager Salary 1 - 16 years exp. (75 salaries)	₹2.9 L/yr - ₹11.5 L/yr 45% less
Standard Chartered Manager Salary 2 - 20 years exp. (346 salaries)	₹10.4 L/yr - ₹30 L/yr 32% more	18 job openings
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Bank of America Manager Salary 5 - 17 years exp. (301 salaries)	₹11.8 L/yr - ₹34.5 L/yr 86% more	8 job openings
Deutsche Bank Manager Salary 7 - 16 years exp. (150 salaries)	₹6.2 L/yr - ₹23 L/yr 4% less
NatWest Group Manager Salary 7 - 17 years exp. (106 salaries)	₹9 L/yr - ₹26.5 L/yr 27% more
AU Small Finance Bank Manager Salary 3 - 14 years exp. (81 salaries)	₹4 L/yr - ₹14 L/yr 41% less	1 job opening
IDBI Bank Manager Salary 6 - 16 years exp. (78 salaries)	₹8.2 L/yr - ₹25 L/yr 29% more
HSBC Bank Manager Salary 6 - 18 years exp. (65 salaries)	₹7.6 L/yr - ₹24 L/yr 5% more
State Bank of India Manager Salary 6 - 15 years exp. (47 salaries)	₹11.7 L/yr - ₹40 L/yr 64% more
Jana Small Finance Bank Manager Salary 3 - 14 years exp. (36 salaries)	₹3.5 L/yr - ₹9 L/yr 55% less
Bank of Baroda Manager Salary 5 - 13 years exp. (35 salaries)	₹9.6 L/yr - ₹20 L/yr 17% more

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Manager salary at Karnataka Bank ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Karnataka Bank.

Experience wise Karnataka Bank Manager salaries in Finance & Accounting department

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹24.7 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15.5 L/yr
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7 years (AmbitionBox Estimate)	₹12 L/yr - ₹25 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹25.2 L/yr
9 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹18 L/yr

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Similar Designation salaries in Karnataka Bank

Credit Manager Salary

(9 salaries)

₹10.5 L/yr - ₹15 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹57 L/yr - ₹63 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Karnataka Bank

3.0

Rated by 1 employees for salary & benefits

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

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

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.

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.

Dislikes

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

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

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 .

Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Nov 2023

3.0

for Salary and Benefits

Likes

This experience comes only after u in new company. KBL has good working culture. Some vultures were thier but now they are gone.

Dislikes

Nepotism. Karan johar big brothers do job in KBL. Not good place for North Indians at higher management. Only 2 or 3 are only chief manager are from north INDIA.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Karnataka Bank Manager Salary FAQs

What is the salary of Manager at Karnataka Bank in Finance & Accounting department?

Manager salary at Karnataka Bank in Finance & Accounting department in India ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 14% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Karnataka Bank India in Finance & Accounting department.

How does the salary of a Manager at Karnataka Bank India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Manager at Karnataka Bank in Finance & Accounting department is 14% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karnataka Bank to a Manager in Finance & Accounting department in India?

Bank of America Manager Salary - ₹11.8 Lakhs to ₹34.5 Lakhs per year
State Bank of India Manager Salary - ₹11.7 Lakhs to ₹40.0 Lakhs per year
State Street Bank Manager Salary - ₹15.5 Lakhs to ₹30.4 Lakhs per year
Standard Chartered Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Manager in Finance & Accounting department in companies similar to Karnataka Bank in India?

NatWest Group Manager Salary - ₹9.0 Lakhs to ₹26.5 Lakhs per year
Barclays Manager Salary - ₹12.0 Lakhs to ₹23.3 Lakhs per year
Bank of Baroda Manager Salary - ₹9.6 Lakhs to ₹20.0 Lakhs per year
Federal Bank Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
HSBC Bank Manager Salary - ₹7.6 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Manager in Finance & Accounting department at Karnataka Bank in India?

The estimated take-home salary of a Manager in Finance & Accounting department at Karnataka Bank ranges between ₹98,293 per month to ₹1,00,959 per month in India. The take-home salary calculation is based on the average Karnataka Bank Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Manager in Finance & Accounting department at Karnataka Bank?

According to AmbitionBox, 57% of the Karnataka Bank Managers in Finance & Accounting department reported a notice period of 3 Months, 43% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Karnataka Bank Manager Salaries in Finance & Accounting

Karnataka Bank Manager salary in Finance & Accounting department in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Karnataka Bank latest salaries received from various employees of Karnataka Bank.

Karnataka Bank Manager salaries in Finance & Accounting in India

Companies similar to Karnataka Bank for Manager in Finance & Accounting department

Latest annual salaries shared by Karnataka Bank Manager in Finance & Accounting department

Experience wise Karnataka Bank Manager salaries in Finance & Accounting department

Similar Designation salaries in Karnataka Bank

Salary related reviews for Karnataka Bank

Clerk in Ludhiana

Branch Manager in Mumbai

Branch Manager in Chennai

Assistant Manager in New Delhi

Manager in Ahmedabad

Karnataka Bank Manager Salary FAQs

Tell us how to improve this page.

Karnataka Bank Manager Salaries by Location