PSU Banks Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹6 Lakhs - ₹13 Lakhs

Salary of majority employees

17% more than the average Assistant Manager Salary for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 6 years exp. (5 salaries)	₹9 L/yr - ₹12 L/yr
Finance & Accounting Assistant Manager Salary 2 - 7 years exp. (3 salaries)	₹8.4 L/yr - ₹13 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.8 L/yr

Last Updated: 18 Jan 2025

Companies similar to PSU Banks for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager Salary 0 - 12 years exp. (519 salaries)	₹5.4 L/yr - ₹18 L/yr 24% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (256 salaries)	₹5.4 L/yr - ₹21 L/yr 28% more
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Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (126 salaries)	₹5 L/yr - ₹13 L/yr 7% less
Canara Bank Assistant Manager Salary 2 - 11 years exp. (293 salaries)	₹5 L/yr - ₹18 L/yr 25% more
Bank of India Assistant Manager Salary 2 - 11 years exp. (137 salaries)	₹5 L/yr - ₹15 L/yr 10% more
Union Bank of India Assistant Manager Salary 0 - 12 years exp. (268 salaries)	₹5 L/yr - ₹16 L/yr 13% more
Indian Bank Assistant Manager Salary 3 - 11 years exp. (189 salaries)	₹5 L/yr - ₹15 L/yr 1% more
Central Bank of India Assistant Manager Salary 1 - 14 years exp. (124 salaries)	₹5.8 L/yr - ₹16 L/yr 7% more
Indian Overseas Bank Assistant Manager Salary 8 - 14 years exp. (143 salaries)	₹6 L/yr - ₹18 L/yr 19% more
Bank of Maharashtra Assistant Manager Salary 2 - 3 years exp. (4 salaries)	₹9.6 L/yr - ₹12 L/yr 2% less
Genpact Assistant Manager Salary 0 - 18 years exp. (19.8k salaries)	₹5 L/yr - ₹14 L/yr 4% less	47 job openings
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (15.1k salaries)	₹1.8 L/yr - ₹6 L/yr 59% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 59% less
Deloitte Assistant Manager Salary 0 - 13 years exp. (10k salaries)	₹7.8 L/yr - ₹24 L/yr 56% more	57 job openings
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.7 L/yr - ₹7.3 L/yr 61% less
TCS Assistant Manager Salary 5 - 20 years exp. (6.4k salaries)	₹5.9 L/yr - ₹16.6 L/yr 6% more
Ernst & Young Assistant Manager Salary 0 - 15 years exp. (6.4k salaries)	₹9.5 L/yr - ₹28.7 L/yr 91% more	65 job openings
Wipro Assistant Manager Salary 2 - 18 years exp. (4k salaries)	₹4.5 L/yr - ₹17 L/yr 4% more	7 job openings
Accenture Assistant Manager Salary 5 - 18 years exp. (3.6k salaries)	₹7.5 L/yr - ₹30 L/yr 78% more	1 job opening
PwC Assistant Manager Salary 0 - 12 years exp. (3.6k salaries)	₹9.8 L/yr - ₹27.1 L/yr 80% more	1 job opening

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Assistant Manager salary at PSU Banks ranges between ₹6 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 12 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Assistant Manager salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹18.1 L/yr
3 years (3 salaries)	₹8.5 L/yr - ₹12 L/yr
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4 years (3 salaries)	₹8.5 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.1 L/yr

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Similar Designation salaries in PSU Banks

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹20 L/yr

Deputy Manager Salary

(6 salaries)

₹5.4 L/yr - ₹20 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for PSU Banks

4.2

Rated by 2 employees for salary & benefits

Manager-F&A in New Delhi

Full Time

Finance & Accounting Department

5.0

• posted on 21 Sep 2024

4.0

for Salary and Benefits

Likes

देश के संसाधनों का बेहतर उपयोग करके लोक कल्याण करना । रोजगार के अवसर उत्पन्न करना । To do public welfare by making better use of the resources of the country. To generate employment opportunities.

Salary - Good

+5 more

Dislikes

प्राइवेट कॉरपोरेट सेक्टर से कम वेतन । Lower salary than private corporate sector.

Account Assistant in New Delhi

Administration & Facilities Department

5.0

• posted on 19 Mar 2021

3.0

for Salary and Benefits

Likes

I would like to say that, I worked in various departments in JNU, and there is lots of experience to handle students, staffs and knowing about admission process, administrative rules regulations etc. And finance too..

Skill development - Good

+2 more

Dislikes

There is no opportunity for permanent and salary hiking is very low as per govt. Of NCT of Delhi.

Private Secretary (working remotely)

Part Time

Human Resources Department

5.0

• posted on 19 Mar 2023

4.0

for Salary and Benefits

Likes

Working in a PSU is not bad. In PSUs the employees are getting very good remuneration in addition to the other benefits like PRP, cafeteria etc.

Salary - Good

+6 more

Dislikes

In PSU, the employees who were rendered more than 35 years of service are getting a nominal pension of about Rs..4000/-, hence no social security is available if we work in PSU.

Senior Branch Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 15 Oct 2017

4.0

for Salary and Benefits

Likes

The bank is with CBS system adopted state of the art technology updating from time to time with the need of the hour having excellent inhouse staff training college to impart training at beautiful place Manipal a village but with the status of Cosmopolitan city adore with environment and presence of international students gentry .the bank is unique in innovative products of banking for the common man and community having greater role in the development of the society on the social and economic front with sole aim to be part of startup India,standup India and makeup India along with excellent opportunities for self development and professional career with scope of fast track promotions !!!!! Besides reasonable salary and perks. And lastely to get opportunity to serve the people proudly and honestly.

Salary - Good

+6 more

Dislikes

Politics of groupism , inappropriate transfer policy , influence of union and associations , victimisation of innocent and non influencial on posting under transfer policy ,non existence of performance based variable pay and perks.

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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PSU Banks Assistant Manager Salary FAQs

What is the salary of Assistant Manager at PSU Banks?

Assistant Manager salary at PSU Banks in India ranges between ₹6.0 Lakhs to ₹13.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 17% more than the average Assistant Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of PSU Banks India.

How does the salary of a Assistant Manager at PSU Banks India compare with the average salary range for this job?

The average salary of a Assistant Manager at PSU Banks is 17% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than PSU Banks to a Assistant Manager in India?

Ernst & Young Assistant Manager Salary - ₹9.5 Lakhs to ₹28.7 Lakhs per year
PwC Assistant Manager Salary - ₹9.8 Lakhs to ₹27.1 Lakhs per year
Accenture Assistant Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
Deloitte Assistant Manager Salary - ₹7.8 Lakhs to ₹24.0 Lakhs per year
LTIMindtree Assistant Manager Salary - ₹6.0 Lakhs to ₹26.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to PSU Banks in India?

Bank of Baroda Assistant Manager Salary - ₹5.4 Lakhs to ₹21.0 Lakhs per year
Cognizant Assistant Manager Salary - ₹5.3 Lakhs to ₹19.1 Lakhs per year
Capgemini Assistant Manager Salary - ₹5.8 Lakhs to ₹20.9 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.4 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at PSU Banks in India?

The estimated take-home salary of a Assistant Manager at PSU Banks ranges between ₹71,057 per month to ₹72,886 per month in India. The take-home salary calculation is based on the average PSU Banks Assistant Manager salary in India which ranges between ₹6.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at PSU Banks?

According to AmbitionBox, 79% of the PSU Banks Assistant Managers reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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PSU Banks Assistant Manager Salaries

PSU Banks Assistant Manager salary in India ranges between ₹6 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 PSU Banks latest salaries received from various employees of PSU Banks.

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PSU Banks Assistant Manager salaries in India

Companies similar to PSU Banks for Assistant Manager

Latest annual salaries shared by PSU Banks Assistant Manager

Experience wise PSU Banks Assistant Manager salaries

Similar Designation salaries in PSU Banks

Salary related reviews for PSU Banks

Manager-F&A in New Delhi

Account Assistant in New Delhi

Private Secretary (working remotely)

Senior Branch Manager in New Delhi

PSU Banks Assistant Manager Salary FAQs

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PSU Banks Assistant Manager Salaries by Location