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Public Sector banks in India Manager salaries in Mumbai

Annual salary range
6 - 10 years exp.
₹12 Lakhs - ₹18 Lakhs
Salary of majority employees
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9% less than the average Manager Salary for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
7 - 10 years exp. (3 salaries)
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₹13 L/yr - ₹18 L/yr

Engineering - Software & QA
Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹16 L/yr

Last Updated: 16 Mar 2023

Companies similar to Public Sector banks in India for Manager in Mumbai

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Public Sector banks in India Manager Salary

6 - 10 years exp. (4 salaries)

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₹12 L/yr - ₹18 L/yr

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

6 - 15 years exp. (95 salaries)

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₹9.8 L/yr - ₹40 L/yr

arrow icon 58% more
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Bank of Baroda Manager Salary

5 - 13 years exp. (57 salaries)

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₹6.7 L/yr - ₹25 L/yr

arrow icon 13% more
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Punjab National Bank Manager Salary

3 - 10 years exp. (14 salaries)

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₹7.2 L/yr - ₹17.5 L/yr

arrow icon 4% more
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Canara Bank Manager Salary

6 - 14 years exp. (43 salaries)

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₹8.6 L/yr - ₹25 L/yr

arrow icon 11% more
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Union Bank of India Manager Salary

5 - 13 years exp. (56 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 8% more
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Bank of India Manager Salary

5 - 11 years exp. (20 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 11% less
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Indian Bank Manager Salary

6 - 12 years exp. (7 salaries)

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₹8.8 L/yr - ₹16 L/yr

arrow icon 14% less
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Central Bank of India Manager Salary

6 - 8 years exp. (6 salaries)

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₹9 L/yr - ₹18 L/yr

arrow icon 10% less
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Indian Overseas Bank Manager Salary

8 - 11 years exp. (5 salaries)

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₹9.5 L/yr - ₹18 L/yr

arrow icon 6% less
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UCO Bank Manager Salary

7 - 10 years exp. (5 salaries)

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₹10.1 L/yr - ₹16 L/yr

arrow icon 17% less
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HDFC Bank Manager Salary

0 - 19 years exp. (3.3k salaries)

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₹5.2 L/yr - ₹17.5 L/yr

arrow icon 32% less
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Capgemini Manager Salary

5 - 19 years exp. (2.8k salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 37% more
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Axis Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹5.5 L/yr - ₹18 L/yr

arrow icon 31% less
1 job opening
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ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹6 L/yr - ₹22.1 L/yr

arrow icon 16% less
2 job openings
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Deloitte Manager Salary

3 - 20 years exp. (1.3k salaries)

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₹15 L/yr - ₹52 L/yr

arrow icon 107% more
40 job openings
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Ernst & Young Manager Salary

4 - 18 years exp. (1.2k salaries)

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₹16.2 L/yr - ₹51 L/yr

arrow icon 93% more
87 job openings
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PwC Manager Salary

4 - 17 years exp. (946 salaries)

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₹16 L/yr - ₹48 L/yr

arrow icon 94% more
139 job openings
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Accenture Manager Salary

8 - 22 years exp. (445 salaries)

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₹15.1 L/yr - ₹55 L/yr

arrow icon 123% more
68 job openings
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TCS Manager Salary

7 - 21 years exp. (381 salaries)

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₹6.9 L/yr - ₹27.9 L/yr

arrow icon 6% more
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Cognizant Manager Salary

8 - 20 years exp. (150 salaries)

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₹10.5 L/yr - ₹37.8 L/yr

arrow icon 77% more
3 job openings
View all
Manager salary at Public Sector banks in India ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Public Sector banks in India.

Latest annual salaries shared by Public Sector banks in India Manager in Mumbai

1y ago
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7 years exp.
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10 years exp.
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9 years exp.
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6 years exp.

Experience wise Public Sector banks in India Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹12 L/yr - ₹25.7 L/yr
7 years (AmbitionBox Estimate)

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₹13 L/yr - ₹26.3 L/yr
8 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr
9 years (AmbitionBox Estimate)

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₹14 L/yr - ₹27.7 L/yr
10 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹18 L/yr

Salary related reviews for Public Sector banks in India

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 28 Sep 2023

4.0
 for  Salary and Benefits

Likes

Allowances , facilities like loans for staff.

Dislikes

Work culture is to be improved from paper pen to digital, level of approvals , remote preference to be given, transfer policies , out of domain related work etc.

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jan 2022

5.0
 for  Salary and Benefits

Likes

Excellent career opportunities with very good working culture. Policies are transparent & in accordance with Govt guidelines. Management is very approachable with good for employees.

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Dislikes

Personally, I donot have any dislikes. I enjoyed fully working in PSB

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Apr 2023

3.0
 for  Salary and Benefits

Likes

You are serving the poor and needy. You are implementing majority of Government sponcerned schemes. Upon financial inclusion and opening large number of Zero balance accounts you have helped Govt as well as people who live below the poverty line are brought into banking channels and Digitalisation.Banks have greatly helped in eradicating Corruption by making direct payments in Govt Welfare Schemes.

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Dislikes

Banks Human Resources Management Policy is very weak. I have come across cases wherein they have Charge Sheeted employees on frivilous grounds There is no principal of Natural Justice and you cannot raise your voice against management, they will use the weapon of transfer against you. I have come across a case wherein they have discharged the employee in Depatmental Proceedings and later given the employee for A C B, C B I Prosecution under Prevention of Corruption Act and he is still fighting the case even after leaving the Bank.

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Dy regional head Department

5.0
  •  posted on 01 Sep 2019

4.0
 for  Salary and Benefits

Likes

You can explore the best out of your team mates, you can provide customer delight service in the given scope, can get very good training and can part it to your colleagues and who accept challenges, though your job is fully secured justifying your given role to the satisfaction of superiors by virtue of which you get proper recognition there by you will be moved to higher levels in the ladder there by getting higher salaries and appraisals for your good work and you will have good mobility to various places from which you can integrate your self with all cultures and languages and to satisfy your role in national integration by avoiding your role in active politics as per your job role unattatched to any particular political organisation having wide scope of learning in new techniques which can help you for better development in the assigned job role to identify new creative methods for betterment in job role with hour disturbing your work life balance by providing equal importance to official as well as family life.

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Dislikes

Normally as the job is secured we reluctant to provide good service. I feel we all should step into the shoes of the customer before doing our extended service and imagine ourselves at the other side of the table so that our attitude will change to 180 degrees.

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BFSI, Investments & Trading Department

5.0
  •  posted on 16 Jan 2019

5.0
 for  Salary and Benefits

Likes

Competition compels the employee learn to remain updated. Growth path is well defined. Job security and post retirement benefits permit you focus on your job.

read more

Dislikes

No extra encouragement for hardworking talent. Similar treatment to almost all.

see more salary related reviews

Public Sector banks in India Manager Salary FAQs

What is the salary of Manager at Public Sector banks in India Mumbai?
Manager salary at Public Sector banks in India in Mumbai ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 9% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Public Sector banks in India Mumbai.
How does the salary of a Manager at Public Sector banks in India Mumbai compare with the average salary range for this job?
The average salary of a Manager at Public Sector banks in India is 9% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Public Sector banks in India to a Manager in Mumbai?
  • Accenture Manager Salary - ₹15.1 Lakhs to ₹55.0 Lakhs per year
  • Deloitte Manager Salary - ₹15.0 Lakhs to ₹52.0 Lakhs per year
  • PwC Manager Salary - ₹16.0 Lakhs to ₹48.0 Lakhs per year
  • Ernst & Young Manager Salary - ₹16.2 Lakhs to ₹51.0 Lakhs per year
  • Cognizant Manager Salary - ₹10.5 Lakhs to ₹37.8 Lakhs per year
What is the salary of a Manager in companies similar to Public Sector banks in India in Mumbai?
  • State Bank of India Manager Salary - ₹9.8 Lakhs to ₹40.0 Lakhs per year
  • Wipro Manager Salary - ₹8.9 Lakhs to ₹34.0 Lakhs per year
  • Tech Mahindra Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
  • Capgemini Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
  • LTIMindtree Manager Salary - ₹9.2 Lakhs to ₹26.5 Lakhs per year
What is the estimated take home salary of a Manager at Public Sector banks in India in Mumbai?
The estimated take-home salary of a Manager at Public Sector banks in India ranges between ₹1,02,461 per month to ₹1,05,262 per month in Mumbai. The take-home salary calculation is based on the average Public Sector banks in India Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Manager at Public Sector banks in India in Mumbai?
According to AmbitionBox, 100% of the Public Sector banks in India Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Public Sector banks in India Manager salary in Mumbai ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Public Sector banks in India latest salaries received from various employees of Public Sector banks in India.