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NatWest Group Deputy Manager salaries in Mumbai (Updated 2025)

Annual salary range
8 - 10 years exp.
₹5.1 Lakhs - ₹8.2 Lakhs
Salary of majority employees
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22% less than the average Deputy Manager Salary in Banking Companies for 8 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹8.2 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹8 L/yr

Last Updated: 21 Jan 2025

Companies similar to NatWest Group for Deputy Manager in Mumbai

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NatWest Group Deputy Manager Salary

8 - 10 years exp. (5 salaries)

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₹5.1 L/yr - ₹8.2 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3.6k salaries)

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₹2 L/yr - ₹10.6 L/yr

At par
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HDFC Bank Deputy Manager Salary

0 - 15 years exp. (3.6k salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 10% less
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Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (3.4k salaries)

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₹1.7 L/yr - ₹8.2 L/yr

arrow icon 26% less
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (2.2k salaries)

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₹2 L/yr - ₹9.8 L/yr

arrow icon 5% less
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Yes Bank Deputy Manager Salary

0 - 13 years exp. (766 salaries)

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₹2.9 L/yr - ₹9 L/yr

arrow icon 11% less
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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (750 salaries)

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₹1.7 L/yr - ₹8 L/yr

arrow icon 25% less
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IDFC FIRST Bank Deputy Manager Salary

0 - 12 years exp. (599 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 14% less
5 job openings
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RBL Bank Deputy Manager Salary

0 - 13 years exp. (471 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 17% less
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AU Small Finance Bank Deputy Manager Salary

0 - 12 years exp. (120 salaries)

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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 19% less
6 job openings
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DCB Bank Deputy Manager Salary

1 - 11 years exp. (116 salaries)

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₹2.3 L/yr - ₹8.8 L/yr

arrow icon 20% less
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State Bank of India Deputy Manager Salary

4 - 15 years exp. (95 salaries)

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₹7.2 L/yr - ₹28 L/yr

arrow icon 163% more
1 job opening
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Bandhan Bank Deputy Manager Salary

0 - 10 years exp. (68 salaries)

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₹3.5 L/yr - ₹7.2 L/yr

arrow icon 16% less
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₹4.3 L/yr - ₹9.5 L/yr

arrow icon 7% more
1 job opening
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₹2.9 L/yr - ₹5.7 L/yr

arrow icon 31% less
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 17% less
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Standard Chartered Deputy Manager Salary

3 - 10 years exp. (8 salaries)

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₹4.1 L/yr - ₹7 L/yr

arrow icon 11% less
Deputy Manager salary at NatWest Group ranges between ₹5.1 Lakhs to ₹8.2 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Deputy Manager in Mumbai

2mo ago
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10 years exp.
1y ago
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10 years exp.

Experience wise NatWest Group Deputy Manager salaries in Mumbai

Last Updated: 21 Jan 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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

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₹6 L/yr - ₹7.7 L/yr
10 years  (3 salaries)

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₹2.7 L/yr - ₹8.2 L/yr

Similar Designation salaries in NatWest Group

Senior Analyst Salary
(103 salaries)
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₹3.8 L/yr - ₹14.5 L/yr
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₹20 L/yr - ₹43 L/yr
Analyst Salary
(16 salaries)
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₹2 L/yr - ₹7.2 L/yr
AVP Salary
(11 salaries)
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₹27 L/yr - ₹53 L/yr
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₹19 L/yr - ₹37.97 L/yr
Team Lead Salary
(7 salaries)
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₹5.4 L/yr - ₹16.34 L/yr
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₹6.7 L/yr - ₹18.87 L/yr
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₹8.58 L/yr - ₹24.97 L/yr

Salary related reviews for NatWest Group

Customer Success, Service & Operations Department

5.0
  •  posted on 17 Sep 2018

3.0
 for  Salary and Benefits

Likes

Excellent organisation with an awesome work culture, work life balance, job security, internal career growth opportunities and management teams. Can become better on the pay part though 😉

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary could be paid better

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 19 Feb 2025

3.0
 for  Salary and Benefits

Likes

...partments. 3. Work environment and primises are also at very great condition. 4. Salary will always credit at time or before it.

read more
  • Skill development - Good
  • +4 more

Dislikes

1. I have worked in many departments all are so good but the Portfolio department of the company that have just Indian managers and laeders have extreme work pressure, great retention rate, micromanagement, office politics and the overall work environment is very toxic. 2. Just look for which department you're going to work for. Otherwise, the company is literally awesome.

read more

Full Time

 · 

Other Department

5.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Work-life balance is the one thing that I like most in NatWest Group.

  • Skill development - Excellent
  • +5 more

Dislikes

...tly over time, but I feel that my compensation hasn’t been adjusted accordingly. With added tasks and higher expectations, I believe my salary should better reflect the increased workload and contributions I’m making to the team.

read more

Full Time

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Data Science & Analytics Department

3.0
  •  posted on 23 Jan 2025

2.0
 for  Salary and Benefits

Likes

They try to invest in new technology. They work as one team, India teams are not treated separately.

  • Job security - Good
  • +1 more

Dislikes

...romoted, actual work is not valued. They do not hire people at proper positions. they try to take experienced candidates and with high pay in lower grades and then later during appraisal cycle candidates do not get hike as they already cross the limit for that position.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 04 Jan 2025

1.0
 for  Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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NatWest Group Deputy Manager Salary FAQs

What is the salary of Deputy Manager at NatWest Group in Mumbai?
The average salary of a Deputy Manager at NatWest Group in Mumbai typically ranges from ₹5.1 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Deputy Manager in Mumbai at NatWest Group earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Deputy Manager Salaries at NatWest Group 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 NatWest Group employees in India.
What is the estimated take home salary of a Deputy Manager at NatWest Group in Mumbai?
The estimated take-home salary of a Deputy Manager at NatWest Group in Mumbai typically ranges from ₹50,905 to ₹52,106 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 8 years to 10 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 NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than NatWest Group for Deputy Manager in India?
State Bank of India ₹7.2 Lakhs to ₹28.0 Lakhs per year
Utkarsh Small Finance Bank ₹4.3 Lakhs to ₹9.5 Lakhs per year

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

ICICI Bank ₹2.0 Lakhs to ₹10.6 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹9.8 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹10.0 Lakhs per year
Standard Chartered ₹4.1 Lakhs to ₹7.0 Lakhs per year
Yes Bank ₹2.9 Lakhs to ₹9.0 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 Deputy Manager at NatWest Group in Mumbai?
The salary growth for a Deputy Manager at NatWest Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
8 years ₹6.0 Lakhs to ₹7.6 Lakhs per year
9 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
10 years ₹2.7 Lakhs to ₹8.2 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Deputy Manager salary in Mumbai ranges between ₹5.1 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 NatWest Group latest salaries received from various employees of NatWest Group.