Karnataka Vikas Grameena Bank Manager Salaries by 8 Employees (Updated 2024)

4 - 8 years exp.

₹8 Lakhs - ₹11.4 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Manager Salary in Banking Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 8 years exp. (3 salaries)	₹8 L/yr - ₹11.3 L/yr
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Finance & Accounting Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹10 L/yr

Last Updated: 16 Mar 2023

Companies similar to Karnataka Vikas Grameena Bank for Manager

Company name	Avg Annual Salary	Open Jobs
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Punjab Gramin Bank Manager Salary 1 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹10 L/yr 35% less
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Jharkhand Rajya Gramin Bank Manager Salary 3 - 14 years exp. (4 salaries)	₹7.4 L/yr - ₹14.5 L/yr 13% more
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Fino Payments Bank Manager Salary 1 - 18 years exp. (143 salaries)	₹3.3 L/yr - ₹12.5 L/yr 21% less
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CSB Bank Manager Salary 4 - 13 years exp. (126 salaries)	₹2.8 L/yr - ₹12.5 L/yr 23% less
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SVC Co-Operative Bank Manager Salary 6 - 15 years exp. (46 salaries)	₹7.9 L/yr - ₹19 L/yr 29% more
City Union Bank Manager Salary 8 - 15 years exp. (43 salaries)	₹7.5 L/yr - ₹19 L/yr 37% more

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Manager salary at Karnataka Vikas Grameena Bank ranges between ₹8 Lakhs to ₹11.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Karnataka Vikas Grameena Bank.

Experience wise Karnataka Vikas Grameena Bank Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹17.2 L/yr
5 years (3 salaries)	₹8 L/yr - ₹10 L/yr
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6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹18.3 L/yr

Similar Designation salaries in Karnataka Vikas Grameena Bank

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for Karnataka Vikas Grameena Bank

2.9

Rated by 2 employees for salary & benefits

Office Assistant

BFSI, Investments & Trading Department

3.0

• posted on 08 Oct 2018

5.0

for Salary and Benefits

Likes

...elt sad for this.. Its best rrb in karnataka... It gives you 100% job security.. I got good salary from this bank.. Overall I m fully satisfied with this bank...

Dislikes

Nothing...

Bank Manager in Vijayapura

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Aug 2023

1.0

for Salary and Benefits

Likes

KVGB is best for those who don't want more risk and responsibility. It is best for office assistant and limited work style.

Dislikes

KVGB is fully owned by GOI. Although management doesn't have any individual liberty to take decisions independently. Even state also holds some portion of stake in grameen banks. Hence lot of political hydrama involved which affecting pure banking. It is neither acts corporate nor social banking. Hence 90% hidden NPA in restructured and agri loans . In one line RRB employees are jack of all master of none.

Bank Manager in Vijayapura

Full Time

Data Science & Analytics Department

5.0

• posted on 09 Dec 2024

5.0

for Salary and Benefits

Likes

Our bank is top second in all regional rural banks in India. Our main moto is real India is rural India. Bank work culture is very good. Our bank gives food , clothing and shelter to me and our family also. It is gives social respect in our society.

Dislikes

No dis likes.

Chief Manager in Dharwad

BFSI, Investments & Trading Department

5.0

• posted on 31 May 2022

3.0

for Salary and Benefits

Likes

This is a Banking Industry sponsored by Canara Bank. The work culture and Policies purely depends on the MD, posted by sponsore Bank.

Dislikes

Promotion policy, other benifits to employees and improvement in software etc are the main drawback of the Bank. Bank is sponored by Canara Bank, but decision maker is NABARD which is no where concern to Bank. Because of this only Bank is not showing the progress. in Kannada one proverb is famous/ suitable to this BANK(rrb)i.e. HALAUVE MAKKALA THAYEE HOLEGE BIDDU SAYEE. Meaning in English is the mother one who is having more kids, no one will take care about her and ultimately she will be neglected. my suggestion is RRB should be merged with sponsore Bank only. that is the only solution.

Bank Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 03 Oct 2023

5.0

for Salary and Benefits

Likes

I have served this great organization for last 36 YEARS. THIS bank is the mother of our family members. It gives us social respect in our society and food, clothing and shelter to our family for last 36 YEARS. REAL BHARAT IS RURAL BHARATH. I REALLY THANKS 🙏 FOR THE GREAT BANKING ORGANIZATION IN THE COUNTRY. HATTS OFF.

Dislikes

No such comments.

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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 Vikas Grameena Bank Manager Salary FAQs

What is the salary of Manager at Karnataka Vikas Grameena Bank?

Manager salary at Karnataka Vikas Grameena Bank in India ranges between ₹8.0 Lakhs to ₹11.4 Lakhs for experience between 4 years to 8 years. According to our estimates it is 39% less than the average Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Karnataka Vikas Grameena Bank India.

How does the salary of a Manager at Karnataka Vikas Grameena Bank India compare with the average salary range for this job?

The average salary of a Manager at Karnataka Vikas Grameena Bank is 39% 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 Vikas Grameena Bank to a Manager in India?

National Australia Bank Manager Salary - ₹14.5 Lakhs to ₹41.0 Lakhs per year
State Street Bank Manager Salary - ₹10.8 Lakhs to ₹30.4 Lakhs per year
Paytm Payments Bank Manager Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
South Indian Bank Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Manager in companies similar to Karnataka Vikas Grameena Bank in India?

Karur Vysya Bank Manager Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
Karnataka Bank Manager Salary - ₹8.7 Lakhs to ₹18.0 Lakhs per year
City Union Bank Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
Tamilnad Mercantile Bank Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
SVC Co-Operative Bank Manager Salary - ₹7.9 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Manager at Karnataka Vikas Grameena Bank in India?

The estimated take-home salary of a Manager at Karnataka Vikas Grameena Bank ranges between ₹70,808 per month to ₹72,630 per month in India. The take-home salary calculation is based on the average Karnataka Vikas Grameena Bank Manager salary in India which ranges between ₹8.0 Lakhs to ₹11.4 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Manager at Karnataka Vikas Grameena Bank?

According to AmbitionBox, 80% of the Karnataka Vikas Grameena Bank Managers reported a notice period of 3 Months, 20% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

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Karnataka Vikas Grameena Bank Manager Salaries

Karnataka Vikas Grameena Bank Manager salary in India ranges between ₹8 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Karnataka Vikas Grameena Bank latest salaries received from various employees of Karnataka Vikas Grameena Bank.