PSU Banks Mumbai Assistant Manager Salaries by 4 Employees (Updated 2025)

3 - 7 years exp.

₹9 Lakhs - ₹13 Lakhs

Salary of majority employees

36% more than the average Assistant Manager Salary for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.7 L/yr

Last Updated: 28 Jun 2023

Companies similar to PSU Banks for Assistant Manager in Mumbai

PSU Banks Assistant Manager Salary

3 - 7 years exp. (4 salaries)

₹9 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager Salary 0 - 12 years exp. (76 salaries)	₹5.2 L/yr - ₹18 L/yr 13% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹6.1 L/yr - ₹19 L/yr 11% more
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Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 18% less
Canara Bank Assistant Manager Salary 2 - 10 years exp. (33 salaries)	₹5 L/yr - ₹17 L/yr 8% more
Bank of India Assistant Manager Salary 2 - 9 years exp. (15 salaries)	₹8 L/yr - ₹14.5 L/yr 14% more
Union Bank of India Assistant Manager Salary 1 - 10 years exp. (39 salaries)	₹5 L/yr - ₹15 L/yr 1% less
Indian Bank Assistant Manager Salary 5 - 10 years exp. (10 salaries)	₹8.4 L/yr - ₹12 L/yr 8% less
Central Bank of India Assistant Manager Salary 2 - 9 years exp. (12 salaries)	₹6 L/yr - ₹15 L/yr 7% less
Indian Overseas Bank Assistant Manager Salary 8 - 14 years exp. (9 salaries)	₹8 L/yr - ₹12.9 L/yr 2% more
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 64% less
Deloitte Assistant Manager Salary 0 - 13 years exp. (2.2k salaries)	₹7.5 L/yr - ₹19.2 L/yr 29% more	64 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 64% less
HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 66% less
TCS Assistant Manager Salary 5 - 20 years exp. (969 salaries)	₹4.8 L/yr - ₹16.1 L/yr 7% less
PwC Assistant Manager Salary 0 - 12 years exp. (833 salaries)	₹10 L/yr - ₹27 L/yr 56% more	1 job opening
Ernst & Young Assistant Manager Salary 0 - 14 years exp. (601 salaries)	₹10 L/yr - ₹28.3 L/yr 53% more	72 job openings
Teleperformance Assistant Manager Salary 2 - 15 years exp. (248 salaries)	₹3 L/yr - ₹13 L/yr 35% less	5 job openings
Accenture Assistant Manager Salary 6 - 18 years exp. (226 salaries)	₹8.9 L/yr - ₹33 L/yr 68% more	1 job opening
Concentrix Corporation Assistant Manager Salary 0 - 16 years exp. (194 salaries)	₹3.6 L/yr - ₹10 L/yr 41% less
Wipro Assistant Manager Salary 2 - 18 years exp. (168 salaries)	₹4 L/yr - ₹16 L/yr 12% less	7 job openings

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Assistant Manager salary at PSU Banks ranges between ₹9 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Assistant Manager salaries in Mumbai

Last Updated: 28 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.1 L/yr

Salary related reviews for PSU Banks

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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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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PSU Banks Assistant Manager Salary FAQs

What is the salary of Assistant Manager at PSU Banks Mumbai?

Assistant Manager salary at PSU Banks in Mumbai ranges between ₹9.0 Lakhs to ₹13.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 36% more than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of PSU Banks Mumbai.

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

The average salary of a Assistant Manager at PSU Banks is 36% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

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

Accenture Assistant Manager Salary - ₹8.9 Lakhs to ₹33.0 Lakhs per year
PwC Assistant Manager Salary - ₹10.0 Lakhs to ₹27.0 Lakhs per year
Ernst & Young Assistant Manager Salary - ₹10.0 Lakhs to ₹28.3 Lakhs per year
Deloitte Assistant Manager Salary - ₹7.5 Lakhs to ₹19.2 Lakhs per year
LTIMindtree Assistant Manager Salary - ₹7.1 Lakhs to ₹21.0 Lakhs per year

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

Bank of India Assistant Manager Salary - ₹8.0 Lakhs to ₹14.5 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹6.1 Lakhs to ₹19.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Capgemini Assistant Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at PSU Banks ranges between ₹80,797 per month to ₹82,902 per month in Mumbai. The take-home salary calculation is based on the average PSU Banks Assistant Manager salary in India which ranges between ₹9.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the PSU Banks Assistant Managers in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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PSU Banks Assistant Manager Salaries in Mumbai

PSU Banks Assistant Manager salary in Mumbai ranges between ₹9 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PSU Banks latest salaries received from various employees of PSU Banks.