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PSU Banks Manager salaries in India (Updated 2025)

Annual salary range
6 - 17 years exp.
₹7 Lakhs - ₹20 Lakhs
Salary of majority employees
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18% less than the average Manager Salary for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
7 - 14 years exp. (10 salaries)
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₹7 L/yr - ₹20 L/yr

Finance & Accounting
Manager Salary
9 - 17 years exp. (5 salaries)
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₹9 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Manager Salary
6 - 13 years exp. (4 salaries)
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₹11 L/yr - ₹15 L/yr

Last Updated: 21 Jan 2025

Companies similar to PSU Banks for Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Manager Salary

6 - 16 years exp. (520 salaries)

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₹10 L/yr - ₹40 L/yr

arrow icon 74% more
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ICICI Bank Manager Salary

0 - 18 years exp. (4.7k salaries)

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₹5.5 L/yr - ₹18.5 L/yr

arrow icon 8% less
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HDFC Bank Manager Salary

0 - 18 years exp. (10.2k salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 28% less
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Axis Bank Manager Salary

0 - 18 years exp. (6.1k salaries)

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₹4.9 L/yr - ₹14 L/yr

arrow icon 27% less
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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (5.4k salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 39% less
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Yes Bank Manager Salary

0 - 17 years exp. (2.5k salaries)

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₹4.3 L/yr - ₹13.2 L/yr

arrow icon 34% less
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (1.3k salaries)

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₹3.5 L/yr - ₹12.7 L/yr

arrow icon 36% less
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IndusInd Bank Manager Salary

0 - 16 years exp. (2k salaries)

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₹2.6 L/yr - ₹11.5 L/yr

arrow icon 44% less
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Federal Bank Manager Salary

3 - 12 years exp. (261 salaries)

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₹7.8 L/yr - ₹24 L/yr

arrow icon 27% more
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RBL Bank Manager Salary

1 - 16 years exp. (754 salaries)

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₹4.2 L/yr - ₹12.7 L/yr

arrow icon 34% less
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Capgemini Manager Salary

5 - 19 years exp. (16k salaries)

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₹10.7 L/yr - ₹37 L/yr

arrow icon 69% more
2 job openings
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Ernst & Young Manager Salary

4 - 18 years exp. (7.6k salaries)

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₹16 L/yr - ₹47 L/yr

arrow icon 124% more
100 job openings
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Genpact Manager Salary

4 - 20 years exp. (7.4k salaries)

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₹5.7 L/yr - ₹24 L/yr

arrow icon 7% more
4 job openings
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Deloitte Manager Salary

3 - 20 years exp. (7.2k salaries)

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₹16 L/yr - ₹53 L/yr

arrow icon 148% more
5 job openings
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PwC Manager Salary

4 - 18 years exp. (6.9k salaries)

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₹14 L/yr - ₹45 L/yr

arrow icon 129% more
121 job openings
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Cognizant Manager Salary

8 - 20 years exp. (6.2k salaries)

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₹13 L/yr - ₹40.5 L/yr

arrow icon 92% more
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Accenture Manager Salary

8 - 22 years exp. (4.1k salaries)

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₹13.7 L/yr - ₹55 L/yr

arrow icon 133% more
103 job openings
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TCS Manager Salary

6 - 21 years exp. (2.4k salaries)

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₹8.5 L/yr - ₹28.3 L/yr

arrow icon 27% more
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HCLTech Manager Salary

5 - 20 years exp. (1.6k salaries)

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₹7.4 L/yr - ₹27.8 L/yr

arrow icon 25% more
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Wipro Manager Salary

5 - 20 years exp. (1.5k salaries)

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₹9.7 L/yr - ₹35 L/yr

arrow icon 73% more
11 job openings
View all
Manager salary at PSU Banks ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 20 latest salaries received from various employees of PSU Banks.

Latest annual salaries shared by PSU Banks Manager

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11 years exp.
2w ago
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12 years exp.
3mo ago
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12 years exp.
6mo ago
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9 years exp.
7mo ago
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13 years exp.
8mo ago
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11 years exp.
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12 years exp.
9mo ago
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13 years exp.
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14 years exp.
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10 years exp.

Experience wise PSU Banks Manager salaries

Last Updated: 21 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹11 L/yr - ₹22.3 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹22.7 L/yr
8 years (AmbitionBox Estimate)

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₹12 L/yr - ₹23 L/yr
9 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹14 L/yr
10 years  (4 salaries)

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₹9 L/yr - ₹15 L/yr
View all

Similar Designation salaries in PSU Banks

Credit Manager Salary
(4 salaries)
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₹10 L/yr - ₹15 L/yr
Deputy Manager Salary
(6 salaries)
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₹5.4 L/yr - ₹20 L/yr
Finance Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
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₹20 L/yr - ₹30 L/yr
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₹22 L/yr - ₹45 L/yr

Salary related reviews for PSU Banks

3.5

Rated by 5 employees for salary & benefits

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.

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  • Salary - Good
  • +5 more

Dislikes

प्राइवेट कॉरपोरेट सेक्टर से कम वेतन । Lower salary than private corporate sector.

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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..

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  • 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.

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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.

read more
  • 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.

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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.

read more
  • 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.

read more
see more salary related reviews

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PSU Banks Manager Salary FAQs

What is the salary of Manager at PSU Banks?
Manager salary at PSU Banks in India ranges between ₹7.0 Lakhs to ₹20.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 18% less than the average Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of PSU Banks India.
How does the salary of a Manager at PSU Banks India compare with the average salary range for this job?
The average salary of a Manager at PSU Banks is 18% less than the average salary of a Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than PSU Banks to a Manager in India?
  • Deloitte Manager Salary - ₹16.0 Lakhs to ₹53.0 Lakhs per year
  • Accenture Manager Salary - ₹13.7 Lakhs to ₹55.0 Lakhs per year
  • PwC Manager Salary - ₹14.0 Lakhs to ₹45.0 Lakhs per year
  • Ernst & Young Manager Salary - ₹16.0 Lakhs to ₹47.0 Lakhs per year
  • Cognizant Manager Salary - ₹13.0 Lakhs to ₹40.5 Lakhs per year
What is the salary of a Manager in companies similar to PSU Banks in India?
  • Infosys Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
  • IBM Manager Salary - ₹9.5 Lakhs to ₹41.5 Lakhs per year
  • State Bank of India Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
  • Wipro Manager Salary - ₹9.7 Lakhs to ₹35.0 Lakhs per year
  • Capgemini Manager Salary - ₹10.7 Lakhs to ₹37.0 Lakhs per year
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 ranges between ₹92,701 per month to ₹95,186 per month in India. The take-home salary calculation is based on the average PSU Banks Manager salary in India which ranges between ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Manager at PSU Banks?
According to AmbitionBox, 53% of the PSU Banks Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

PSU Banks Manager salary in India ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 PSU Banks latest salaries received from various employees of PSU Banks.