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Punjab & Sind Bank Bank Manager salaries in India

Annual salary range
5 - 12 years exp.
₹7 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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24% more than the average Bank Manager Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

Finance & Accounting
Bank Manager Salary
10 - 12 years exp. (3 salaries)
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₹12 L/yr - ₹18 L/yr

BFSI, Investments & Trading
Bank Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.1 L/yr

Last Updated: 3 Sep 2024

Companies similar to Punjab & Sind Bank for Bank Manager

Company name Avg Annual Salary Open Jobs
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IndusInd Bank Bank Manager Salary

2 - 15 years exp. (24 salaries)

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₹3 L/yr - ₹10.1 L/yr

arrow icon 48% less
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CSB Bank Bank Manager Salary

6 - 14 years exp. (14 salaries)

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₹7 L/yr - ₹11 L/yr

arrow icon 25% less
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DBS Bank Bank Manager Salary

10 - 16 years exp. (14 salaries)

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₹8.4 L/yr - ₹15 L/yr

arrow icon 7% more
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City Union Bank Bank Manager Salary

2 - 6 years exp. (10 salaries)

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₹4 L/yr - ₹5.5 L/yr

arrow icon 62% less
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Federal Bank Bank Manager Salary

6 - 13 years exp. (7 salaries)

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₹10 L/yr - ₹15 L/yr

arrow icon 4% more
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AU Small Finance Bank Bank Manager Salary

0 - 8 years exp. (7 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 56% less
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IDFC FIRST Bank Bank Manager Salary

4 - 8 years exp. (6 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 50% less
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DCB Bank Bank Manager Salary

4 - 10 years exp. (6 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 51% less
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Karnataka Bank Bank Manager Salary

9 - 14 years exp. (6 salaries)

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₹14 L/yr - ₹18 L/yr

arrow icon 39% more
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RBL Bank Bank Manager Salary

5 - 18 years exp. (4 salaries)

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₹4.2 L/yr - ₹15.5 L/yr

arrow icon 20% less
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Standard Chartered Bank Manager Salary

12 - 18 years exp. (4 salaries)

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₹11 L/yr - ₹24 L/yr

arrow icon 43% more
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Karur Vysya Bank Bank Manager Salary

10 - 13 years exp. (4 salaries)

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₹11 L/yr - ₹16 L/yr

arrow icon 2% less
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Jana Small Finance Bank Bank Manager Salary

12 - 14 years exp. (3 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 49% less
Bank Manager salary at Punjab & Sind Bank ranges between ₹7 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of Punjab & Sind Bank.

Latest annual salaries shared by Punjab & Sind Bank Bank Manager

4mo ago
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12 years exp.
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11 years exp.
10mo ago
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10 years exp.
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8 years exp.
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8 years exp.
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5 years exp.
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7 years exp.
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9 years exp.

Experience wise Punjab & Sind Bank Bank Manager salaries

Last Updated: 3 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹9 L/yr - ₹18.5 L/yr
6 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹19.5 L/yr
8 years (AmbitionBox Estimate)

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₹7 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)

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₹9 L/yr - ₹20.5 L/yr
View all

Similar Designation salaries in Punjab & Sind Bank

Branch Manager Salary
(21 salaries)
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₹7.5 L/yr - ₹17 L/yr
Credit Manager Salary
(4 salaries)
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₹12 L/yr - ₹14 L/yr
Deputy Manager Salary
(3 salaries)
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₹13.3 L/yr - ₹30 L/yr
Branch Head Salary
(5 salaries)
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₹10 L/yr - ₹17 L/yr
Branch Credit Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Punjab & Sind Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 01 Jun 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Everything- starting with extremely terrible work life balance, more stress and mental health issues than the salary, harassment in the name of transfers and sea water kinda employees- you are surrounded by a lot of them but they are of no use- neither do they work nor have any skill sets nor are humane. Nothing about this job is satisfactory.

read more
  • Salary - Poor
  • +6 more

Loans at Branch Level Department

3.0
  •  posted on 28 Sep 2019

2.0
 for  Salary and Benefits

Likes

The only good thing about this Bank is that being a Government Bank, it provides job security. While being the smallest Public Sector Bank, it has a comparatively smaller Customer Base, due to which work pressure is low as compared to other Public Sector Banks. Your Work-life balance depends on the Branch and mostly on your Manager/Competent Authority. Career Growth depends on your performance along with the relations one can maintain with higher authorities, which is generally required in every organisation. It has its own training centres, but the faculty mostly consists of ex-staff, whose teaching skills can be rated from poor to average. One needs to be skillful and curious on his own to learn and move up the ladder.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Being the smallest Public Sector Bank, the compensation and allowances are the lowest in Banking Industry, and it will always frustrate you. Work-Life Balance depends on your Branch and mostly on your Branch Manager/Competent Authority, in which mostly Branch Managers fares poorly. Low compensation and allowances is not the only failure of HR policies, but also lack of vision and apathy towards Field Staff in HR department has lead to shortage of Staff in all the Branches, which has hampered the growth of this Bank. You can't provide better Customer Service inspite of trying your best because of shortage of staff in Branch. Poor infrastructure in Branches and poor utilisation of technology keep this Bank always back in terms of Growth. This Bank is too bad in terms of technology as compared to other Banks, which hampers the Branch Staff to attract new Customer Base including the millenials. Head Office and Zonal Office mostly consists of Non-Performers, Chargesheet Officials and Sycophants, due to which even the talented and hard-working Field Functionaries fails to provide their best because of lack of support from above. The promotion process is not transparent as interview marks are never disclosed, so that the sycophants are provided promotions and deserving ones are left behind. Even the transfer process is carried out behind the curtains to provide undue benefits to the sycophants.

read more
  • Salary - Poor

Finance & Accounting Department

5.0
  •  posted on 26 Mar 2018

4.0
 for  Salary and Benefits

Likes

...es exemplary training in all fields of banking. Job security is of a tall order. Salary is commensurate with experience and qualifications. Travel on duty is as per industry standards.Appraisal is objective as per performance and potential.

read more
  • Salary - Good
  • +6 more

Dislikes

NiL.

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Mar 2025

5.0
 for  Salary and Benefits

Likes

I love the relationships we have with our customer.

  • Salary - Excellent
  • +2 more

Dislikes

Responsibility and Accountability are not distributed uniformly. BM has all the stress and tension and responsibilities while other staff do not have any of it

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Other Department

2.0
  •  posted on 14 Nov 2024

3.0
 for  Salary and Benefits

Likes

Govt bank so job security.

  • Job security - Excellent
  • +1 more

Dislikes

There is huge discrimination among employees, lickspittle enjoys there life on expense of real performers and skilled employees. Non talented and terrible employees get preference on everything due to there skill in flattery.

read more
  • Promotions - Poor
  • +2 more
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Punjab & Sind Bank Bank Manager Salary FAQs

What is the salary of Bank Manager at Punjab & Sind Bank ?
The average salary of a Bank Manager at Punjab & Sind Bank in India typically ranges from ₹7.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Bank Manager at Punjab & Sind Bank earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Bank Manager Salaries at Punjab & Sind Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Punjab & Sind Bank employees in India.
What is the estimated take home salary of a Bank Manager at Punjab & Sind Bank in India?
The estimated take-home salary of a Bank Manager at Punjab & Sind Bank in India typically ranges from ₹81,311 to ₹83,431 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Punjab & Sind Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Punjab & Sind Bank for Bank Manager in India?
Standard Chartered ₹11.0 Lakhs to ₹24.0 Lakhs per year
Karnataka Bank ₹14.0 Lakhs to ₹18.0 Lakhs per year
DBS Bank ₹8.4 Lakhs to ₹15.0 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Punjab & Sind Bank, depending on the role and experience level.
What is the salary of a Bank Manager in companies similar to Punjab & Sind Bank in India?
The salary of a Bank Manager at companies similar to Punjab & Sind Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karur Vysya Bank ₹11.0 Lakhs to ₹16.0 Lakhs per year
RBL Bank ₹4.2 Lakhs to ₹15.5 Lakhs per year
CSB Bank ₹7.0 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank ₹3.0 Lakhs to ₹10.1 Lakhs per year
Jana Small Finance Bank ₹2.8 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Bank Manager at Punjab & Sind Bank in India?
The salary growth for a Bank Manager at Punjab & Sind Bank depends on factors such as experience, performance, and promotions. On average, a Bank Manager can expect the following growth trajectory at Punjab & Sind Bank:

Experience Average Salary Range
5 years ₹9.0 Lakhs to ₹18.5 Lakhs per year
6 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
7 years ₹7.0 Lakhs to ₹19.5 Lakhs per year
8 years ₹7.0 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

Punjab & Sind Bank Bank Manager salary in India ranges between ₹7 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Punjab & Sind Bank latest salaries received from various employees of Punjab & Sind Bank.