PSU Banks Senior Manager Salaries by 9 Employees

7 - 14 years exp.

₹8 Lakhs - ₹25 Lakhs

Salary of majority employees

27% less than the average Senior Manager Salary for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 7 - 14 years exp. (8 salaries)	₹8 L/yr - ₹23 L/yr
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Finance & Accounting Senior Manager Salary 14 years exp. (AmbitionBox Estimate)	₹12.4 L/yr - ₹25 L/yr

Last Updated: 6 Dec 2023

Companies similar to PSU Banks for Senior Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 9% more
HDFC Bank Senior Manager Salary 3 - 21 years exp. (6.2k salaries)	₹8 L/yr - ₹24 L/yr 3% less
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Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28.6 L/yr 4% more	2 job openings
Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (3.5k salaries)	₹5.2 L/yr - ₹19 L/yr 20% less
State Bank of India Senior Manager Salary 5 - 15 years exp. (71 salaries)	₹8.9 L/yr - ₹35 L/yr 34% more
IDBI Bank Senior Manager Salary 6 - 14 years exp. (5 salaries)	₹10.1 L/yr - ₹22 L/yr 3% more
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (368 salaries)	₹9.6 L/yr - ₹37 L/yr 35% more
Punjab National Bank Senior Manager Salary 7 - 15 years exp. (213 salaries)	₹8.9 L/yr - ₹32.7 L/yr 31% more
Canara Bank Senior Manager Salary 8 - 15 years exp. (370 salaries)	₹11 L/yr - ₹30 L/yr 38% more
Bank of India Senior Manager Salary 9 - 13 years exp. (130 salaries)	₹11 L/yr - ₹30 L/yr 35% more
Capgemini Senior Manager Salary 8 - 24 years exp. (4.3k salaries)	₹11.5 L/yr - ₹43.5 L/yr 79% more	2 job openings
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Genpact Senior Manager Salary 8 - 22 years exp. (3.8k salaries)	₹10.5 L/yr - ₹35 L/yr 39% more
Cognizant Senior Manager Salary 10 - 25 years exp. (2.5k salaries)	₹14.2 L/yr - ₹50 L/yr 109% more
Accenture Senior Manager Salary 11 - 25 years exp. (2k salaries)	₹19.5 L/yr - ₹75 L/yr 188% more	90 job openings
Ernst & Young Senior Manager Salary 7 - 21 years exp. (1.9k salaries)	₹17.3 L/yr - ₹60 L/yr 176% more	25 job openings
HCLTech Senior Manager Salary 8 - 23 years exp. (1.3k salaries)	₹11 L/yr - ₹40 L/yr 44% more
TCS Senior Manager Salary 11 - 23 years exp. (1.1k salaries)	₹11 L/yr - ₹41.2 L/yr 60% more
PwC Senior Manager Salary 8 - 22 years exp. (1.1k salaries)	₹19 L/yr - ₹66.5 L/yr 180% more	77 job openings
Deloitte Senior Manager Salary 6 - 20 years exp. (960 salaries)	₹19 L/yr - ₹75 L/yr 197% more	1 job opening
Wipro Senior Manager Salary 10 - 25 years exp. (958 salaries)	₹15 L/yr - ₹50 L/yr 100% more	2 job openings

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Senior Manager salary at PSU Banks ranges between ₹8 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Senior Manager salaries

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹21.6 L/yr
8 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
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9 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.8 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹26.5 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹28.1 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹29.8 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹25 L/yr

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Similar Designation salaries in PSU Banks

Deputy Manager Salary

(6 salaries)

₹5.4 L/yr - ₹20 L/yr

Branch Manager Salary

(4 salaries)

₹7.2 L/yr - ₹16.46 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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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PSU Banks Senior Manager Salary FAQs

What is the salary of Senior Manager at PSU Banks?

Senior Manager salary at PSU Banks in India ranges between ₹8.0 Lakhs to ₹25.0 Lakhs for experience between 7 years to 14 years. According to our estimates it is 27% less than the average Senior Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of PSU Banks India.

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

The average salary of a Senior Manager at PSU Banks is 27% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Amazon Senior Manager Salary - ₹20.0 Lakhs to ₹85.0 Lakhs per year
Deloitte Senior Manager Salary - ₹19.0 Lakhs to ₹75.0 Lakhs per year
Accenture Senior Manager Salary - ₹19.5 Lakhs to ₹75.0 Lakhs per year
PwC Senior Manager Salary - ₹19.0 Lakhs to ₹66.5 Lakhs per year
Ernst & Young Senior Manager Salary - ₹17.3 Lakhs to ₹60.0 Lakhs per year

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

Cognizant Senior Manager Salary - ₹14.2 Lakhs to ₹50.0 Lakhs per year
Wipro Senior Manager Salary - ₹15.0 Lakhs to ₹50.0 Lakhs per year
IBM Senior Manager Salary - ₹13.1 Lakhs to ₹47.6 Lakhs per year
Infosys Senior Manager Salary - ₹13.6 Lakhs to ₹51.0 Lakhs per year
Capgemini Senior Manager Salary - ₹11.5 Lakhs to ₹43.5 Lakhs per year

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

The estimated take-home salary of a Senior Manager at PSU Banks ranges between ₹1,07,210 per month to ₹1,10,164 per month in India. The take-home salary calculation is based on the average PSU Banks Senior Manager salary in India which ranges between ₹8.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the PSU Banks Senior Managers reported a notice period of 3 Months, 14% reported a notice period of More than 3 months.This is based on 7 responses on AmbitionBox in last 2 years.

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PSU Banks Senior Manager Salaries

PSU Banks Senior Manager salary in India ranges between ₹8 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 PSU Banks latest salaries received from various employees of PSU Banks.