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

3 - 7 years exp.

₹9 Lakhs - ₹13 Lakhs

Salary of majority employees

22% 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)	₹11.2 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 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. (75 salaries)	₹5.3 L/yr - ₹18 L/yr 29% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹6.1 L/yr - ₹19 L/yr 23% more
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Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 10% less
Canara Bank Assistant Manager Salary 2 - 10 years exp. (34 salaries)	₹5 L/yr - ₹15.3 L/yr 19% more
Bank of India Assistant Manager Salary 2 - 9 years exp. (16 salaries)	₹8 L/yr - ₹14.5 L/yr 15% more
Union Bank of India Assistant Manager Salary 1 - 10 years exp. (39 salaries)	₹5 L/yr - ₹15 L/yr 15% more
Indian Bank Assistant Manager Salary 5 - 10 years exp. (9 salaries)	₹8.4 L/yr - ₹12 L/yr 5% more
Central Bank of India Assistant Manager Salary 0 - 9 years exp. (14 salaries)	₹6 L/yr - ₹13 L/yr 1% more
Indian Overseas Bank Assistant Manager Salary 7 - 11 years exp. (11 salaries)	₹8 L/yr - ₹12.9 L/yr 13% more
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 60% less
Deloitte Assistant Manager Salary 0 - 13 years exp. (2.2k salaries)	₹7.5 L/yr - ₹19.1 L/yr 43% more	21 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 60% less
HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7.2 L/yr 62% less
TCS Assistant Manager Salary 4 - 20 years exp. (972 salaries)	₹4.8 L/yr - ₹16.1 L/yr 4% more
PwC Assistant Manager Salary 0 - 12 years exp. (829 salaries)	₹10 L/yr - ₹27.5 L/yr 75% more	1 job opening
Ernst & Young Assistant Manager Salary 0 - 14 years exp. (587 salaries)	₹10 L/yr - ₹29.2 L/yr 72% more	22 job openings
Teleperformance Assistant Manager Salary 2 - 16 years exp. (257 salaries)	₹2.5 L/yr - ₹13 L/yr 27% less	5 job openings
Accenture Assistant Manager Salary 6 - 18 years exp. (230 salaries)	₹8.9 L/yr - ₹32.9 L/yr 90% more	3 job openings
Concentrix Corporation Assistant Manager Salary 0 - 16 years exp. (181 salaries)	₹3.6 L/yr - ₹10 L/yr 35% less
Wipro Assistant Manager Salary 3 - 17 years exp. (168 salaries)	₹4.5 L/yr - ₹17.1 L/yr 2% more	1 job opening

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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)	₹4.1 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
7 years (AmbitionBox Estimate)	₹4 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.

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..

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.

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.

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

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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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 22% 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 22% 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 ₹32.9 Lakhs per year
PwC Assistant Manager Salary - ₹10.0 Lakhs to ₹27.5 Lakhs per year
Ernst & Young Assistant Manager Salary - ₹10.0 Lakhs to ₹29.2 Lakhs per year
Deloitte Assistant Manager Salary - ₹7.5 Lakhs to ₹19.1 Lakhs per year
LTIMindtree Assistant Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year

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

State Bank of India Assistant Manager Salary - ₹5.3 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 ₹15.3 Lakhs per year
Capgemini Assistant Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
Bank of India Assistant Manager Salary - ₹8.0 Lakhs to ₹14.5 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 ₹72,834 per month to ₹74,714 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.