PSU Banks Deputy Manager Salaries by 6 Employees (Updated 2025)

7 - 12 years exp.

₹5.4 Lakhs - ₹20 Lakhs

Salary of majority employees

36% more than the average Deputy Manager Salary for 7 - 12 years of experience

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Salaries in different departments

Engineering - Software & QA Deputy Manager Salary 7 - 9 years exp. (3 salaries)	₹18 L/yr - ₹22 L/yr
BFSI, Investments & Trading Deputy Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Administration & Facilities Deputy Manager Salary 9 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 28 Sep 2024

Companies similar to PSU Banks for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Manager Salary 4 - 15 years exp. (575 salaries)	₹7.2 L/yr - ₹28 L/yr 28% more	1 job opening
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (11 salaries)	₹3.8 L/yr - ₹13.2 L/yr 28% less
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Punjab National Bank Deputy Manager Salary 2 - 12 years exp. (51 salaries)	₹5 L/yr - ₹15.7 L/yr 12% less
Canara Bank Deputy Manager Salary 0 - 14 years exp. (3 salaries)	₹8 L/yr - ₹17.6 L/yr 16% less
Bank of India Deputy Manager Salary 3 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹16.1 L/yr 20% less
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹16 L/yr 8% less
Indian Bank Deputy Manager Salary 0 - 10 years exp. (4 salaries)	₹5.1 L/yr - ₹18 L/yr 9% less
Indian Overseas Bank Deputy Manager Salary 7 - 12 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 11% less
Bank of Maharashtra Deputy Manager Salary 1 - 8 years exp. (78 salaries)	₹5 L/yr - ₹12 L/yr 29% less
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2 L/yr - ₹11 L/yr 50% less
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (15.1k salaries)	₹2 L/yr - ₹10 L/yr 55% less
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Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	₹2 L/yr - ₹8.8 L/yr 52% less
Deloitte Deputy Manager Salary 0 - 14 years exp. (4.8k salaries)	₹11 L/yr - ₹34 L/yr 51% more	1 job opening
HCLTech Deputy Manager Salary 2 - 20 years exp. (2.6k salaries)	₹6 L/yr - ₹19 L/yr 8% less
Wipro Deputy Manager Salary 4 - 18 years exp. (1.3k salaries)	₹5.8 L/yr - ₹20.4 L/yr 1% more	10 job openings
Concentrix Corporation Deputy Manager Salary 5 - 18 years exp. (960 salaries)	₹4.4 L/yr - ₹13 L/yr 35% less
IBM Deputy Manager Salary 8 - 17 years exp. (307 salaries)	₹7 L/yr - ₹14.5 L/yr 14% less	8 job openings
Ernst & Young Deputy Manager Salary 4 - 18 years exp. (98 salaries)	₹10.4 L/yr - ₹30 L/yr 59% more
Accenture Deputy Manager Salary 9 - 18 years exp. (63 salaries)	₹7.3 L/yr - ₹27 L/yr 26% more
TCS Deputy Manager Salary 4 - 16 years exp. (57 salaries)	₹6.2 L/yr - ₹23.2 L/yr 1% more

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Deputy Manager salary at PSU Banks ranges between ₹5.4 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Deputy Manager salaries

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹20 L/yr
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9 years (AmbitionBox Estimate)	₹9 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10 L/yr

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Similar Designation salaries in PSU Banks

Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹20 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

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

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 Deputy Manager Salary FAQs

What is the salary of Deputy Manager at PSU Banks?

Deputy Manager salary at PSU Banks in India ranges between ₹5.4 Lakhs to ₹20.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 36% more than the average Deputy Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of PSU Banks India.

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

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

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

LTIMindtree Deputy Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
Ernst & Young Deputy Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
Deloitte Deputy Manager Salary - ₹11.0 Lakhs to ₹34.0 Lakhs per year
Cognizant Deputy Manager Salary - ₹12.0 Lakhs to ₹17.6 Lakhs per year
State Bank of India Deputy Manager Salary - ₹7.2 Lakhs to ₹28.0 Lakhs per year

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

Accenture Deputy Manager Salary - ₹7.3 Lakhs to ₹27.0 Lakhs per year
Infosys Deputy Manager Salary - ₹7.0 Lakhs to ₹20.3 Lakhs per year
PwC Deputy Manager Salary - ₹6.4 Lakhs to ₹27.0 Lakhs per year
Tech Mahindra Deputy Manager Salary - ₹7.0 Lakhs to ₹25.5 Lakhs per year
Wipro Deputy Manager Salary - ₹5.8 Lakhs to ₹20.4 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at PSU Banks ranges between ₹91,625 per month to ₹94,075 per month in India. The take-home salary calculation is based on the average PSU Banks Deputy Manager salary in India which ranges between ₹5.4 Lakhs to ₹20.0 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the PSU Banks Deputy Managers reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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PSU Banks Deputy Manager Salaries

PSU Banks Deputy Manager salary in India ranges between ₹5.4 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 PSU Banks latest salaries received from various employees of PSU Banks.