Punjab and Maharashtra Co-operative Bank Operations Manager Salaries by 5 Employees (Updated 2024)

9 - 24 years exp.

₹2.1 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Operations Manager Salary in Banking Companies for 9 - 24 years of experience

Interested in this particular role?

Last Updated: 11 Jan 2024

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

Company name	Avg Annual Salary	Open Jobs
The Saraswat Co-operative Bank Operations Manager Salary 1 - 11 years exp. (5 salaries)	₹4 L/yr - ₹11 L/yr 4% more
Punjab National Bank Operations Manager Salary 2 - 34 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 40% more
Login to view exact salary
HDFC Bank Operations Manager Salary 1 - 18 years exp. (697 salaries)	₹3.2 L/yr - ₹12 L/yr 21% more
ICICI Bank Operations Manager Salary 0 - 13 years exp. (530 salaries)	₹2.6 L/yr - ₹12.4 L/yr 4% more
Axis Bank Operations Manager Salary 3 - 16 years exp. (525 salaries)	₹3.6 L/yr - ₹12.2 L/yr 18% more
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (268 salaries)	₹2 L/yr - ₹11.2 L/yr 5% less
IDFC FIRST Bank Operations Manager Salary 1 - 10 years exp. (232 salaries)	₹2.3 L/yr - ₹12 L/yr 3% more
IndusInd Bank Operations Manager Salary 1 - 15 years exp. (175 salaries)	₹2 L/yr - ₹10.3 L/yr 12% less
Yes Bank Operations Manager Salary 5 - 15 years exp. (154 salaries)	₹3.5 L/yr - ₹13 L/yr 18% more
Jana Small Finance Bank Operations Manager Salary 1 - 10 years exp. (77 salaries)	₹1.8 L/yr - ₹8 L/yr 43% less
RBL Bank Operations Manager Salary 4 - 13 years exp. (87 salaries)	₹3.8 L/yr - ₹11.5 L/yr 1% less
Login to view exact salary
Ujjivan Small Finance Bank Operations Manager Salary 3 - 12 years exp. (50 salaries)	₹2.4 L/yr - ₹7.6 L/yr 29% less
Bandhan Bank Operations Manager Salary 3 - 10 years exp. (44 salaries)	₹2.5 L/yr - ₹9.5 L/yr 11% less
IDBI Bank Operations Manager Salary 8 - 15 years exp. (45 salaries)	₹7.5 L/yr - ₹23.7 L/yr 129% more
HSBC Global Banking and Markets Operations Manager Salary 5 - 17 years exp. (44 salaries)	₹8.5 L/yr - ₹19.2 L/yr 126% more
Utkarsh Small Finance Bank Operations Manager Salary 4 - 12 years exp. (35 salaries)	₹2.5 L/yr - ₹8.2 L/yr 20% less
Federal Bank Operations Manager Salary 3 - 12 years exp. (10 salaries)	₹5 L/yr - ₹16 L/yr 83% more
Karur Vysya Bank Operations Manager Salary 0 - 11 years exp. (8 salaries)	₹2.7 L/yr - ₹9.8 L/yr 19% less
Paytm Payments Bank Operations Manager Salary 3 - 11 years exp. (9 salaries)	₹3.9 L/yr - ₹13 L/yr 29% more
City Union Bank Operations Manager Salary 2 - 6 years exp. (7 salaries)	₹4.8 L/yr - ₹9.5 L/yr 11% less

View all

Operations Manager salary at Punjab and Maharashtra Co-operative Bank ranges between ₹2.1 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 24 years. Salary estimates are based on 5 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

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

Last Updated: 11 Jan 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹11.5 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Relationship Manager Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 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

Program Manager Salary

(AmbitionBox Estimate)

₹30.6 L/yr - ₹39.1 L/yr

Project Manager Salary

(8 salaries)

₹8 L/yr - ₹27 L/yr

Operations Executive Salary

(4 salaries)

₹2.5 L/yr - ₹7 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Team Lead Salary

(5 salaries)

₹8.5 L/yr - ₹10 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Punjab and Maharashtra Co-operative Bank

5.0

Rated by 1 employees for salary & benefits

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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?

Got a question about Punjab and Maharashtra Co-operative Bank?

Ask anonymously on communities.

Punjab and Maharashtra Co-operative Bank Operations Manager Salary FAQs

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

Operations Manager salary at Punjab and Maharashtra Co-operative Bank in India ranges between ₹2.1 Lakhs to ₹10.0 Lakhs for experience between 9 years to 24 years. According to our estimates it is 37% less than the average Operations Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank India.

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

The average salary of a Operations Manager at Punjab and Maharashtra Co-operative Bank is 37% less than the average salary of a Operations 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 Operations Manager in India?

IDBI Bank Operations Manager Salary - ₹7.5 Lakhs to ₹23.7 Lakhs per year
HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
Federal Bank Operations Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

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

South Indian Bank Operations Manager Salary - ₹9.9 Lakhs to ₹13.0 Lakhs per year
Punjab National Bank Operations Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
Paytm Payments Bank Operations Manager Salary - ₹3.9 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.2 Lakhs to ₹12.0 Lakhs per year
Yes Bank Operations Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Punjab and Maharashtra Co-operative Bank ranges between ₹51,670 per month to ₹52,888 per month in India. The take-home salary calculation is based on the average Punjab and Maharashtra Co-operative Bank Operations Manager salary in India which ranges between ₹2.1 Lakhs to ₹10.0 Lakhs per year for employees with experience between 9 years to 24 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Punjab and Maharashtra Co-operative Bank Operations Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Punjab and Maharashtra Co-operative Bank Salaries >
Punjab and Maharashtra Co-operative Bank Operations Manager Salaries

Punjab and Maharashtra Co-operative Bank Operations Manager salary in India ranges between ₹2.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Punjab and Maharashtra Co-operative Bank latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Punjab and Maharashtra Co-operative Bank Operations Manager salaries in India

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

Latest annual salaries shared by Punjab and Maharashtra Co-operative Bank Operations Manager

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

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Salary related reviews for Punjab and Maharashtra Co-operative Bank

Management Trainee in Mumbai

Management Trainee in Mumbai

Management Trainee in Kolhapur

Management Trainee in Bhandup West,Mumbai

Management Trainee in Mumbai

Punjab and Maharashtra Co-operative Bank Operations Manager Salary FAQs

Tell us how to improve this page.