Punjab and Maharashtra Co-operative Bank Chief Manager Salaries by 10+ Employees (Updated 2024)

21 - 26 years exp.

₹13 Lakhs - ₹15 Lakhs

Salary of majority employees

34% less than the average Chief Manager Salary in Banking Companies for 21 - 26 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 23 - 26 years exp. (6 salaries)	₹13 L/yr - ₹15 L/yr
Login to view exact salary
Marketing & Communication Chief Manager Salary 21 - 23 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹14 L/yr

Last Updated: 16 Mar 2023

Companies similar to Punjab and Maharashtra Co-operative Bank for Chief Manager

Company name	Avg Annual Salary	Open Jobs
The Saraswat Co-operative Bank Chief Manager Salary 13 - 29 years exp. (17 salaries)	₹14 L/yr - ₹28 L/yr 60% more
Bharat Cooperative Bank Chief Manager Salary 10 - 30 years exp. (4 salaries)	₹15.4 L/yr - ₹19.5 L/yr 26% more
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Nkgsb CO-OP Bank Chief Manager Salary 20 - 23 years exp. (3 salaries)	₹18 L/yr - ₹22 L/yr 48% more
SVC Co-Operative Bank Chief Manager Salary 11 - 16 years exp. (4 salaries)	₹18 L/yr - ₹34 L/yr 64% more
Punjab National Bank Chief Manager Salary 10 - 14 years exp. (136 salaries)	₹14.2 L/yr - ₹50.5 L/yr 118% more
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2k salaries)	₹12.5 L/yr - ₹37 L/yr 76% more
IndusInd Bank Chief Manager Salary 0 - 20 years exp. (1.5k salaries)	₹6 L/yr - ₹18 L/yr 22% less
Kotak Mahindra Bank Chief Manager Salary 5 - 16 years exp. (1k salaries)	₹8 L/yr - ₹28 L/yr 33% more
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (705 salaries)	₹11.5 L/yr - ₹36 L/yr 45% more
Union Bank of India Chief Manager Salary 10 - 17 years exp. (151 salaries)	₹12 L/yr - ₹42 L/yr 100% more
Canara Bank Chief Manager Salary 10 - 19 years exp. (139 salaries)	₹12.3 L/yr - ₹40 L/yr 84% more
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Utkarsh Small Finance Bank Chief Manager Salary 8 - 19 years exp. (58 salaries)	₹9.6 L/yr - ₹18.5 L/yr 3% more
South Indian Bank Chief Manager Salary 10 - 17 years exp. (41 salaries)	₹14.2 L/yr - ₹26 L/yr 59% more
Karur Vysya Bank Chief Manager Salary 10 - 25 years exp. (37 salaries)	₹16 L/yr - ₹30 L/yr 66% more
City Union Bank Chief Manager Salary 10 - 22 years exp. (25 salaries)	₹16.9 L/yr - ₹30 L/yr 69% more
HDFC Bank Chief Manager Salary 4 - 16 years exp. (18 salaries)	₹8 L/yr - ₹26 L/yr 17% more
Ujjivan Small Finance Bank Chief Manager Salary 4 - 16 years exp. (16 salaries)	₹6.6 L/yr - ₹24.5 L/yr 5% more
Yes Bank Chief Manager Salary 3 - 11 years exp. (13 salaries)	₹14 L/yr - ₹35 L/yr 68% more
Axis Bank Chief Manager Salary 9 - 15 years exp. (7 salaries)	₹13 L/yr - ₹18 L/yr 24% more
Federal Bank Chief Manager Salary 1 - 31 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 22% more

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Chief Manager salary at Punjab and Maharashtra Co-operative Bank ranges between ₹13 Lakhs to ₹15 Lakhs per year for employees with experience between 21 years to 26 years. Salary estimates are based on 12 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Experience wise Punjab and Maharashtra Co-operative Bank Chief Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
15+ years (12 salaries)	₹13 L/yr - ₹15 L/yr
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Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.2 L/yr

Branch Manager Salary

(11 salaries)

₹6 L/yr - ₹15 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Operations Manager Salary

(5 salaries)

₹2.12 L/yr - ₹10 L/yr

Accountant Salary

(6 salaries)

₹1.1 L/yr - ₹3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Branch Head Salary

(5 salaries)

₹6 L/yr - ₹11 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Punjab and Maharashtra Co-operative Bank

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Sep 2020

2.0

for Salary and Benefits

Likes

Bank was good before imposition of directives under 35A by RBI. Work life balance was also good. But now they have terminated all the Management Trainees from the Bank without any prior notice on 31st August 2020 citing bank's severe financial condition due to directives under 35A imposed by RBI.

Dislikes

Low Pay. Slow growth and long trainee period.

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Nov 2018

4.0

for Salary and Benefits

Likes

I am learning about various banking products basically i am working in loan section where i am handling various various loans from processing to disbursing

Dislikes

Compensation is good but growth is slow.i always wanted to work withI reputed bank training is provided by bank, but salary i was getting is very low as per my work.

Management Trainee in Kolhapur

Customer Success, Service & Operations Department

5.0

• posted on 20 Nov 2020

1.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive.there is huge cafeteria and gaming arcade for chilling..one of most is there is jim for all staff to fit abd healthy.

Dislikes

Management traninee traninee bond is so longer.salary package confusing or its incomplete...

Management Trainee in Bhandup West,Mumbai

Shares department Department

4.0

• posted on 16 Jun 2021

4.0

for Salary and Benefits

Likes

...vironment and culture.staff are supportive and caring.management is transparent.bank policies are good and average salary.

Dislikes

There is a lot of politics senior members are low knowledgeable.there is low salary and more extra work for lower employees.

Management Trainee in Mumbai

Shares department Department

5.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

...ff were supportive and management is transparent. Work environment is excellent.policies are good and give good salary hike and bonus.

Dislikes

Salary is decent but career growth is slow. There is a 3 years of probation period.

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Punjab and Maharashtra Co-operative Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at Punjab and Maharashtra Co-operative Bank?

Chief Manager salary at Punjab and Maharashtra Co-operative Bank in India ranges between ₹13.0 Lakhs to ₹15.0 Lakhs for experience between 21 years to 26 years. According to our estimates it is 34% less than the average Chief Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank India.

How does the salary of a Chief Manager at Punjab and Maharashtra Co-operative Bank India compare with the average salary range for this job?

The average salary of a Chief Manager at Punjab and Maharashtra Co-operative Bank is 34% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab and Maharashtra Co-operative Bank to a Chief Manager in India?

Punjab National Bank Chief Manager Salary - ₹14.2 Lakhs to ₹50.5 Lakhs per year
Union Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Canara Bank Chief Manager Salary - ₹12.3 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹12.5 Lakhs to ₹37.0 Lakhs per year
City Union Bank Chief Manager Salary - ₹16.9 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Chief Manager in companies similar to Punjab and Maharashtra Co-operative Bank in India?

Yes Bank Chief Manager Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
Karur Vysya Bank Chief Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
SVC Co-Operative Bank Chief Manager Salary - ₹18.0 Lakhs to ₹34.0 Lakhs per year
The Saraswat Co-operative Bank Chief Manager Salary - ₹14.0 Lakhs to ₹28.0 Lakhs per year
South Indian Bank Chief Manager Salary - ₹14.2 Lakhs to ₹26.0 Lakhs per year

What is the estimated take home salary of a Chief Manager at Punjab and Maharashtra Co-operative Bank in India?

The estimated take-home salary of a Chief Manager at Punjab and Maharashtra Co-operative Bank ranges between ₹97,299 per month to ₹99,933 per month in India. The take-home salary calculation is based on the average Punjab and Maharashtra Co-operative Bank Chief Manager salary in India which ranges between ₹13.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 21 years to 26 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Punjab and Maharashtra Co-operative Bank?

According to AmbitionBox, 100% of the Punjab and Maharashtra Co-operative Bank Chief Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Punjab and Maharashtra Co-operative Bank Chief Manager Salaries

Punjab and Maharashtra Co-operative Bank Chief Manager salary in India ranges between ₹13 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Punjab and Maharashtra Co-operative Bank latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.