PSU Banks Manager Salaries by 20+ Employees (Updated 2025)

6 - 19 years exp.

₹7 Lakhs - ₹25 Lakhs

Salary of majority employees

13% less than the average Manager Salary for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 7 - 14 years exp. (9 salaries)	₹7 L/yr - ₹20 L/yr
Finance & Accounting Manager Salary 9 - 17 years exp. (5 salaries)	₹9 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Manager Salary 6 - 13 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr
Legal & Regulatory Manager Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹16.6 L/yr - ₹25 L/yr

Last Updated: 21 Jan 2025

Companies similar to PSU Banks for Manager

Company name	Avg Annual Salary	Open Jobs
Capgemini Manager Salary 5 - 19 years exp. (15.8k salaries)	₹10.8 L/yr - ₹37.5 L/yr 59% more	1 job opening
HDFC Bank Manager Salary 0 - 18 years exp. (10.2k salaries)	₹5 L/yr - ₹14.7 L/yr 33% less
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Ernst & Young Manager Salary 4 - 19 years exp. (7.6k salaries)	₹16 L/yr - ₹48.5 L/yr 108% more	103 job openings
Genpact Manager Salary 3 - 20 years exp. (7.5k salaries)	₹7 L/yr - ₹24 L/yr At par	4 job openings
Deloitte Manager Salary 3 - 20 years exp. (7.2k salaries)	₹16 L/yr - ₹53 L/yr 130% more	2 job openings
PwC Manager Salary 3 - 18 years exp. (6.6k salaries)	₹14 L/yr - ₹45 L/yr 113% more	109 job openings
Cognizant Manager Salary 8 - 19 years exp. (6.2k salaries)	₹13 L/yr - ₹40.5 L/yr 80% more
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹5 L/yr - ₹14 L/yr 32% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 43% less
ICICI Bank Manager Salary 0 - 18 years exp. (4.8k salaries)	₹5.6 L/yr - ₹18.7 L/yr 14% less
Accenture Manager Salary 8 - 22 years exp. (4.3k salaries)	₹13.6 L/yr - ₹55 L/yr 118% more	100 job openings
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Reliance Industries Manager Salary 0 - 21 years exp. (3.4k salaries)	₹5.4 L/yr - ₹19.8 L/yr 13% less	1 job opening
TCS Manager Salary 6 - 21 years exp. (2.4k salaries)	₹8.5 L/yr - ₹28.4 L/yr 18% more
Jio Manager Salary 2 - 23 years exp. (1.8k salaries)	₹5.9 L/yr - ₹25 L/yr 1% less	1 job opening
Wipro Manager Salary 5 - 20 years exp. (1.5k salaries)	₹9.5 L/yr - ₹35.3 L/yr 61% more	6 job openings
HCLTech Manager Salary 5 - 20 years exp. (1.4k salaries)	₹7.4 L/yr - ₹28 L/yr 17% more
Larsen & Toubro Limited Manager Salary 6 - 23 years exp. (1.1k salaries)	₹9.5 L/yr - ₹30 L/yr 31% more	1 job opening
Reliance Retail Manager Salary 0 - 20 years exp. (1.1k salaries)	₹5 L/yr - ₹19.2 L/yr 14% less	1 job opening
JPMorgan Chase & Co. Manager Salary 6 - 17 years exp. (1k salaries)	₹7 L/yr - ₹28 L/yr 19% more	2 job openings
Amazon Manager Salary 3 - 16 years exp. (808 salaries)	₹7.7 L/yr - ₹30 L/yr 19% more	33 job openings

View all

Manager salary at PSU Banks ranges between ₹7 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 21 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Manager salaries

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹23.3 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹23.7 L/yr
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8 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.1 L/yr
9 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹14 L/yr
10 years (4 salaries)	₹9 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹18 L/yr
12 years (3 salaries)	₹12 L/yr - ₹20 L/yr
13 years (3 salaries)	₹10 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹18 L/yr
15+ years (3 salaries)	₹12 L/yr - ₹25 L/yr

View all

Similar Designation salaries in PSU Banks

Credit Manager Salary

(4 salaries)

₹10 L/yr - ₹15 L/yr

Deputy Manager Salary

(3 salaries)

₹11.76 L/yr - ₹20 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Financial Analyst Salary

(3 salaries)

₹20 L/yr - ₹30 L/yr

Deputy General Manager Salary

(4 salaries)

₹22 L/yr - ₹45 L/yr

Salary related reviews for PSU Banks

3.5

Rated by 5 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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PSU Banks Manager Salary FAQs

What is the salary of Manager at PSU Banks ?

The average salary of a Manager at PSU Banks in India typically ranges from ₹7.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Manager at PSU Banks earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Manager Salaries at PSU Banks can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ PSU Banks employees in India.

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

The estimated take-home salary of a Manager at PSU Banks in India typically ranges from ₹98,366 to ₹1,01,034 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 6 years to 19 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of PSU Banks. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PSU Banks for Manager in India?

Deloitte	₹16.0 Lakhs to ₹53.0 Lakhs per year
Accenture	₹13.6 Lakhs to ₹55.0 Lakhs per year
PwC	₹14.0 Lakhs to ₹45.0 Lakhs per year
Ernst & Young	₹16.0 Lakhs to ₹48.5 Lakhs per year
Cognizant	₹13.0 Lakhs to ₹40.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PSU Banks, depending on the role and experience level.

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

The salary of a Manager at companies similar to PSU Banks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DXC Technology	₹10.0 Lakhs to ₹38.0 Lakhs per year
IBM	₹10.2 Lakhs to ₹42.0 Lakhs per year
Infosys	₹11.0 Lakhs to ₹40.0 Lakhs per year
Wipro	₹9.5 Lakhs to ₹35.3 Lakhs per year
Capgemini	₹10.8 Lakhs to ₹37.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Manager at PSU Banks in India?

The salary growth for a Manager at PSU Banks depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at PSU Banks:

Experience	Average Salary Range
6 years	₹11.0 Lakhs to ₹23.3 Lakhs per year
7 years	₹7.0 Lakhs to ₹23.7 Lakhs per year
8 years	₹12.0 Lakhs to ₹24.1 Lakhs per year
9 years	₹9.8 Lakhs to ₹14.0 Lakhs per year

and so on.

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PSU Banks Manager Salaries

PSU Banks Manager salary in India ranges between ₹7 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 PSU Banks latest salaries received from various employees of PSU Banks.

PSU Banks Manager salaries in India (Updated 2025)

Companies similar to PSU Banks for Manager

Latest annual salaries shared by PSU Banks Manager

Experience wise PSU Banks 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 Manager Salary FAQs

Tell us how to improve this page.

PSU Banks Manager Salaries by Location