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Madhya Pradesh Gramin Bank Assistant Manager salaries in India

Annual salary range
1 - 9 years exp.
₹5.5 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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24% less than the average Assistant Manager Salary for 1 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Finance & Accounting
Assistant Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 23 Dec 2023

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View all
Assistant Manager salary at Madhya Pradesh Gramin Bank ranges between ₹5.5 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Madhya Pradesh Gramin Bank.

Latest annual salaries shared by Madhya Pradesh Gramin Bank Assistant Manager

1y ago
₹6 Lakhs
1 year exp.
1y ago
₹8 Lakhs
1 year exp.
1y ago
₹7 Lakhs
2 years exp.
1y ago
₹5.5 Lakhs
9 years exp.

Experience wise Madhya Pradesh Gramin Bank Assistant Manager salaries

Last Updated: 23 Dec 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹6 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

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₹7 L/yr - ₹12.9 L/yr
3 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
View all

Similar Designation salaries in Madhya Pradesh Gramin Bank

Branch Manager Salary
(6 salaries)
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₹9.5 L/yr - ₹18 L/yr

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Madhya Pradesh Gramin Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Madhya Pradesh Gramin Bank ?
The average salary of a Assistant Manager at Madhya Pradesh Gramin Bank in India typically ranges from ₹5.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Assistant Manager at Madhya Pradesh Gramin Bank earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Assistant Manager Salaries at Madhya Pradesh Gramin 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 5 Madhya Pradesh Gramin Bank employees in India.
What is the estimated take home salary of a Assistant Manager at Madhya Pradesh Gramin Bank in India?
The estimated take-home salary of a Assistant Manager at Madhya Pradesh Gramin Bank in India typically ranges from ₹48,878 to ₹50,033 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 5 salaries received from various employees of Madhya Pradesh Gramin Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Madhya Pradesh Gramin Bank for Assistant Manager in India?
HTC Global Services ₹9.0 Lakhs to ₹27.5 Lakhs per year
Microland ₹7.0 Lakhs to ₹28.1 Lakhs per year
Test Yantra Software Solutions ₹6.8 Lakhs to ₹28.2 Lakhs per year
Crisil ₹6.5 Lakhs to ₹25.1 Lakhs per year
ABB ₹6.5 Lakhs to ₹21.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Madhya Pradesh Gramin Bank, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Madhya Pradesh Gramin Bank in India?
The salary of a Assistant Manager at companies similar to Madhya Pradesh Gramin Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Honeywell Automation ₹7.0 Lakhs to ₹22.9 Lakhs per year
Oyo Rooms ₹6.0 Lakhs to ₹22.0 Lakhs per year
Thermax Limited ₹5.8 Lakhs to ₹16.0 Lakhs per year
Abbott ₹6.0 Lakhs to ₹17.7 Lakhs per year
L&T Construction ₹6.0 Lakhs to ₹18.2 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 Assistant Manager at Madhya Pradesh Gramin Bank in India?
The salary growth for a Assistant Manager at Madhya Pradesh Gramin Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Madhya Pradesh Gramin Bank:

Experience Average Salary Range
1 year ₹6.0 Lakhs to ₹8.0 Lakhs per year
2 years ₹7.0 Lakhs to ₹12.9 Lakhs per year
3 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
4 years ₹6.0 Lakhs to ₹7.6 Lakhs per year
and so on.

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Madhya Pradesh Gramin Bank Assistant Manager salary in India ranges between ₹5.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Madhya Pradesh Gramin Bank latest salaries received from various employees of Madhya Pradesh Gramin Bank.