PSU Banks Branch Manager Salaries by 4 Employees (Updated 2025)

4 - 11 years exp.

₹6.5 Lakhs - ₹20 Lakhs

Salary of majority employees

23% more than the average Branch Manager Salary for 4 - 11 years of experience

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Last Updated: 15 Mar 2023

Companies similar to PSU Banks for Branch Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Salary 5 - 16 years exp. (290 salaries)	₹8 L/yr - ₹33.4 L/yr 75% more
Bank of Baroda Branch Manager Salary 6 - 15 years exp. (131 salaries)	₹7 L/yr - ₹25 L/yr 52% more
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Punjab National Bank Branch Manager Salary 3 - 14 years exp. (46 salaries)	₹5.8 L/yr - ₹20 L/yr 12% more
Canara Bank Branch Manager Salary 7 - 15 years exp. (123 salaries)	₹6 L/yr - ₹21 L/yr 28% more
Bank of India Branch Manager Salary 3 - 12 years exp. (78 salaries)	₹6.5 L/yr - ₹22 L/yr 12% more
Union Bank of India Branch Manager Salary 6 - 12 years exp. (99 salaries)	₹6 L/yr - ₹24 L/yr 34% more
Indian Bank Branch Manager Salary 6 - 12 years exp. (84 salaries)	₹6 L/yr - ₹21.8 L/yr 19% more
Central Bank of India Branch Manager Salary 5 - 12 years exp. (44 salaries)	₹5 L/yr - ₹16 L/yr 9% more
Indian Overseas Bank Branch Manager Salary 8 - 11 years exp. (34 salaries)	₹8 L/yr - ₹20 L/yr 37% more
Bank of Maharashtra Branch Manager Salary 5 - 12 years exp. (77 salaries)	₹8 L/yr - ₹22 L/yr 38% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.4 L/yr - ₹23 L/yr 18% more
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HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.5 L/yr - ₹23 L/yr 31% more	5 job openings
Axis Bank Branch Manager Salary 8 - 22 years exp. (323 salaries)	₹6.2 L/yr - ₹23 L/yr 35% more	2 job openings
Amazon Branch Manager Salary 0 - 10 years exp. (12 salaries)	₹2.5 L/yr - ₹8.5 L/yr 55% less
TCS Branch Manager Salary 0 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 48% less
Accenture Branch Manager Salary 5 - 16 years exp. (9 salaries)	₹16 L/yr - ₹34 L/yr 137% more
Tech Mahindra Branch Manager Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹6.6 L/yr 63% less
Wipro Branch Manager Salary 6 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹15 L/yr 21% less
PwC Branch Manager Salary 0 - 11 years exp. (5 salaries)	₹10 L/yr - ₹38 L/yr 115% more
Capgemini Branch Manager Salary 9 - 11 years exp. (5 salaries)	₹14.2 L/yr - ₹29 L/yr 90% more

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Branch Manager salary at PSU Banks ranges between ₹6.5 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Branch Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.1 L/yr
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6 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
9 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹26.9 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹20 L/yr

View all

Similar Designation salaries in PSU Banks

Credit Manager Salary

(4 salaries)

₹10 L/yr - ₹15 L/yr

Deputy Manager Salary

(6 salaries)

₹5.4 L/yr - ₹20 L/yr

Chief Manager Salary

(4 salaries)

₹15 L/yr - ₹32 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for PSU Banks

4.0

Rated by 1 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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PSU Banks Branch Manager Salary FAQs

What is the salary of Branch Manager at PSU Banks?

Branch Manager salary at PSU Banks in India ranges between ₹6.5 Lakhs to ₹20.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 23% more than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of PSU Banks India.

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

The average salary of a Branch Manager at PSU Banks is 23% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Accenture Branch Manager Salary - ₹16.0 Lakhs to ₹34.0 Lakhs per year
HCLTech Branch Manager Salary - ₹15.0 Lakhs to ₹37.0 Lakhs per year
Deloitte Branch Manager Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year
PwC Branch Manager Salary - ₹10.0 Lakhs to ₹38.0 Lakhs per year
Cognizant Branch Manager Salary - ₹16.0 Lakhs to ₹26.5 Lakhs per year

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

Genpact Branch Manager Salary - ₹12.4 Lakhs to ₹36.0 Lakhs per year
Capgemini Branch Manager Salary - ₹14.2 Lakhs to ₹29.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Ernst & Young Branch Manager Salary - ₹7.4 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at PSU Banks ranges between ₹80,086 per month to ₹82,171 per month in India. The take-home salary calculation is based on the average PSU Banks Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

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PSU Banks Branch Manager Salaries

PSU Banks Branch Manager salary in India ranges between ₹6.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PSU Banks latest salaries received from various employees of PSU Banks.

PSU Banks Branch Manager salaries in India

Companies similar to PSU Banks for Branch Manager

Latest annual salaries shared by PSU Banks Branch Manager

Experience wise PSU Banks Branch 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 Branch Manager Salary FAQs

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