Punjab National Bank Assistant General Manager Credit Salaries by 4 Employees

16 - 19 years exp.

₹35 Lakhs - ₹42 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

57% more than the average Assistant General Manager Credit Salary in Banking Companies for 16 - 19 years of experience

Interested in this particular role?

Last Updated: 19 Dec 2023

Companies similar to Punjab National Bank for Assistant General Manager Credit

Company name	Avg Annual Salary	Open Jobs
IDBI Bank Assistant General Manager Credit Salary 13 - 15 years exp. (6 salaries)	₹22 L/yr - ₹28 L/yr 36% less
Login to view exact salary
Finvent Finance & Investments Assistant General Manager Credit Salary 14 - 16 years exp. (3 salaries)	₹4.6 L/yr - ₹5.9 L/yr 87% less

Assistant General Manager Credit salary at Punjab National Bank ranges between ₹35 Lakhs to ₹42 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Assistant General Manager Credit salaries

Last Updated: 19 Dec 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹35 L/yr - ₹42 L/yr
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Similar Designation salaries in Punjab National Bank

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Branch Credit Manager Salary

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Relationship Manager Salary

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Deputy Credit Manager Salary

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Associate Vice President Salary

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Branch Manager Salary

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Chief Manager Salary

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Salary related reviews for Punjab National Bank

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Patna

Full Time

Strategic & Top Management Department

1.0

• posted on 03 Sep 2024

2.0

for Salary and Benefits

Likes

No matter what you do your salary will remain same.

Job security - Excellent

Dislikes

Frequent transfers to remote villages create hell lot of family problems and other problems as well. Banking sector has hell lot of corruption and you will feel very insecure if you are moral.

Salary - Poor

+5 more

Senior Associate in Mandi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Job security Good Salary Good perks and allowances Supportive to leaners and new joinees Overall good in terms of learning new things

Salary - Good

+1 more

Dislikes

No work life balance Extending work hours Bad management Poor work culture in top management Work pressure too much in officer cadre

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Oct 2023

3.0

for Salary and Benefits

Likes

decent salary and perks but still less than Central Governments employees

Job security - Excellent

Dislikes

Undue pressure is put on us for target completion with staff shortage. Apart from this we have to deal with throttling compliance policies which makes even simple work cumbersome and difficult. There are so many portals for complaints and we are always on our toes.

Skill development - Poor

+3 more

Chief Manager in Patiala

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2018

4.0

for Salary and Benefits

Likes

...on is excellent.In a nutshell good and progressive bank with solid fundamentals. Salary is as in other PSU banks.

Salary - Good

+6 more

Dislikes

It is hectic sometimes

Chief Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 05 Oct 2018

4.0

for Salary and Benefits

Likes

... a public sector bank , the activities are as per the directives of RBI/GovtThe. Salary is as per bi-partite settlement between IBA and trade unions.

Salary - Good

+5 more

Dislikes

There is no work-life balance, especially for the branch heads.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Punjab National Bank Assistant General Manager Credit Salary FAQs

What is the salary of Assistant General Manager Credit at Punjab National Bank ?

The average salary of a Assistant General Manager Credit at Punjab National Bank in India typically ranges from ₹35.0 Lakhs to ₹42.0 Lakhs per year, depending on experience (from 16 years to 19 years).

The top 10% of Assistant General Manager Credit at Punjab National Bank earn more than ₹42.0 Lakhs per year, and the top 1% earn over ₹42.0 Lakhs per year. Assistant General Manager Credit Salaries at Punjab National 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 4 Punjab National Bank employees in India.

What is the estimated take home salary of a Assistant General Manager Credit at Punjab National Bank in India?

The estimated take-home salary of a Assistant General Manager Credit at Punjab National Bank in India typically ranges from ₹2,34,386 to ₹2,43,847 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹42.0 Lakhs per year for employees with experience ranging from 16 years to 19 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 4 salaries received from various employees of Punjab National Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant General Manager Credit in companies similar to Punjab National Bank in India?

The salary of a Assistant General Manager Credit at companies similar to Punjab National Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank	₹22.0 Lakhs to ₹28.0 Lakhs per year
Finvent Finance & Investments	₹4.6 Lakhs to ₹5.9 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 Assistant General Manager Credit at Punjab National Bank in India?

The salary growth for a Assistant General Manager Credit at Punjab National Bank depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager Credit can expect the following growth trajectory at Punjab National Bank:

Experience	Average Salary Range
15 years	₹35.0 Lakhs to ₹42.0 Lakhs per year

and so on.

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Punjab National Bank Assistant General Manager Credit Salaries

Punjab National Bank Assistant General Manager Credit salary in India ranges between ₹35 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Punjab National Bank latest salaries received from various employees of Punjab National Bank.