Karnataka Vikas Grameena Bank Senior Manager Salaries by 4 Employees

8 - 31 years exp.

₹12.6 Lakhs - ₹16 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Senior Manager Salary in Banking Companies for 8 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 31 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.9 L/yr
Engineering - Software & QA Senior Manager Salary 8 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.1 L/yr
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Finance & Accounting Senior Manager Salary 8 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 22 Mar 2024

Companies similar to Karnataka Vikas Grameena Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Manager Salary 6 - 22 years exp. (1.9k salaries)	₹13.3 L/yr - ₹46.1 L/yr 105% more
CSB Bank Senior Manager Salary 5 - 14 years exp. (176 salaries)	₹5 L/yr - ₹16 L/yr 32% less
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Karur Vysya Bank Senior Manager Salary 9 - 23 years exp. (126 salaries)	₹10.5 L/yr - ₹26 L/yr 23% more
DBS Bank Senior Manager Salary 9 - 18 years exp. (128 salaries)	₹7 L/yr - ₹28.7 L/yr 22% more
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The Saraswat Co-operative Bank Senior Manager Salary 9 - 18 years exp. (68 salaries)	₹10.5 L/yr - ₹22 L/yr 16% more
Suryoday Small Finance Bank Senior Manager Salary 7 - 16 years exp. (62 salaries)	₹7 L/yr - ₹18.9 L/yr 15% less
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Paytm Payments Bank Senior Manager Salary 7 - 17 years exp. (48 salaries)	₹13.8 L/yr - ₹40 L/yr 72% more
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ESAF Small Finance Bank Senior Manager Salary 10 - 20 years exp. (44 salaries)	₹7.2 L/yr - ₹16 L/yr 8% less
Punjab & Sind Bank Senior Manager Salary 9 - 13 years exp. (32 salaries)	₹12 L/yr - ₹22 L/yr 32% more
SVC Co-Operative Bank Senior Manager Salary 9 - 18 years exp. (34 salaries)	₹12 L/yr - ₹22 L/yr 23% more
ANZ Banking Group Senior Manager Salary 8 - 21 years exp. (23 salaries)	₹23.5 L/yr - ₹66.7 L/yr 169% more
North East Small Finance Bank Senior Manager Salary 7 - 20 years exp. (18 salaries)	₹6 L/yr - ₹11 L/yr 45% less
City Union Bank Senior Manager Salary 3 - 32 years exp. (19 salaries)	₹15 L/yr - ₹23 L/yr 31% more
Tamilnad Mercantile Bank Senior Manager Salary 12 - 29 years exp. (13 salaries)	₹9.7 L/yr - ₹19 L/yr 24% more
Karnataka Bank Senior Manager Salary 7 - 17 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 32% more
Nkgsb CO-OP Bank Senior Manager Salary 14 - 33 years exp. (7 salaries)	₹14.8 L/yr - ₹16 L/yr 11% more

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Senior Manager salary at Karnataka Vikas Grameena Bank ranges between ₹12.6 Lakhs to ₹16 Lakhs per year for employees with experience between 8 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of Karnataka Vikas Grameena Bank.

Experience wise Karnataka Vikas Grameena Bank Senior Manager salaries

Last Updated: 22 Mar 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
11 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
12 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
13 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
14 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹12.6 L/yr - ₹24.4 L/yr

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Similar Designation salaries in Karnataka Vikas Grameena Bank

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Branch Manager Salary

(18 salaries)

₹7 L/yr - ₹15 L/yr

Salary related reviews for Karnataka Vikas Grameena Bank

5.0

Rated by 1 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...

Salary - Excellent

+5 more

Dislikes

Nothing...

Skill development - Poor

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.

Salary - Bad

+6 more

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.

Salary - Excellent

+6 more

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.

Skill development - Good

+5 more

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.

Salary - Excellent

+6 more

Dislikes

No such comments.

see more salary related reviews

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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 Vikas Grameena Bank Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Karnataka Vikas Grameena Bank in India typically ranges from ₹12.6 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 8 years to 31 years).

The top 10% of Senior Manager at Karnataka Vikas Grameena Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior Manager Salaries at Karnataka Vikas Grameena 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 Vikas Grameena Bank employees in India.

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

The estimated take-home salary of a Senior Manager at Karnataka Vikas Grameena Bank in India typically ranges from ₹97,087 to ₹99,715 per month. This is based on the average salary range of ₹12.6 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 8 years to 31 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 Vikas Grameena Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karnataka Vikas Grameena Bank for Senior Manager in India?

ANZ Banking Group	₹23.5 Lakhs to ₹66.7 Lakhs per year
National Australia Bank	₹25.0 Lakhs to ₹39.5 Lakhs per year
Standard Chartered	₹13.3 Lakhs to ₹46.1 Lakhs per year
State Street Bank	₹13.3 Lakhs to ₹40.0 Lakhs per year
Paytm Payments Bank	₹13.8 Lakhs to ₹40.0 Lakhs per year

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

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

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

South Indian Bank	₹10.0 Lakhs to ₹24.5 Lakhs per year
Karnataka Bank	₹12.0 Lakhs to ₹22.0 Lakhs per year
Punjab & Sind Bank	₹12.0 Lakhs to ₹22.0 Lakhs per year
City Union Bank	₹15.0 Lakhs to ₹23.0 Lakhs per year
Tamilnad Mercantile Bank	₹9.7 Lakhs to ₹19.0 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 Senior Manager at Karnataka Vikas Grameena Bank in India?

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

Experience	Average Salary Range
8 years	₹13.7 Lakhs to ₹16.0 Lakhs per year
9 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
10 years	₹13.4 Lakhs to ₹17.1 Lakhs per year
11 years	₹13.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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Karnataka Vikas Grameena Bank Senior Manager Salaries

Karnataka Vikas Grameena Bank Senior Manager salary in India ranges between ₹12.6 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karnataka Vikas Grameena Bank latest salaries received from various employees of Karnataka Vikas Grameena Bank.