Punjab National Bank Mumbai Assistant Manager Salaries by 6 Employees (Updated 2025)

1 - 10 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Salary of majority employees

12% more than the average Assistant Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 1 - 10 years exp. (3 salaries)	₹7.2 L/yr - ₹9.4 L/yr
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Finance & Accounting Assistant Manager Salary 4 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹12 L/yr

Last Updated: 20 Apr 2024

Companies similar to Punjab National Bank for Assistant Manager in Mumbai

Punjab National Bank Assistant Manager Salary

1 - 10 years exp. (6 salaries)

₹6.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager Salary 0 - 13 years exp. (75 salaries)	₹5.2 L/yr - ₹18 L/yr 41% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 57% less
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HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 58% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 56% less
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹6.1 L/yr - ₹19 L/yr 36% more
Canara Bank Assistant Manager Salary 2 - 10 years exp. (32 salaries)	₹5 L/yr - ₹17 L/yr 33% more
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (183 salaries)	₹6 L/yr - ₹20 L/yr 39% more
Union Bank of India Assistant Manager Salary 1 - 10 years exp. (40 salaries)	₹5 L/yr - ₹15 L/yr 22% more
Bank of India Assistant Manager Salary 2 - 9 years exp. (15 salaries)	₹8 L/yr - ₹14.5 L/yr 39% more
Indian Overseas Bank Assistant Manager Salary 8 - 14 years exp. (10 salaries)	₹8 L/yr - ₹12.9 L/yr 24% more
Central Bank of India Assistant Manager Salary 0 - 9 years exp. (13 salaries)	₹6 L/yr - ₹13 L/yr 6% more
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Indian Bank Assistant Manager Salary 5 - 10 years exp. (10 salaries)	₹8.4 L/yr - ₹12 L/yr 14% more
Federal Bank Assistant Manager Salary 1 - 9 years exp. (99 salaries)	₹7 L/yr - ₹18.5 L/yr 40% more
Yes Bank Assistant Manager Salary 0 - 11 years exp. (850 salaries)	₹2.4 L/yr - ₹6.5 L/yr 51% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 10 years exp. (3.5k salaries)	₹1.1 L/yr - ₹5 L/yr 62% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (577 salaries)	₹1.5 L/yr - ₹6.2 L/yr 59% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (501 salaries)	₹2 L/yr - ₹7 L/yr 55% less
IDFC FIRST Bank Assistant Manager Salary 0 - 10 years exp. (535 salaries)	₹2.3 L/yr - ₹6.6 L/yr 48% less
Bandhan Bank Assistant Manager Salary 0 - 10 years exp. (106 salaries)	₹2.2 L/yr - ₹5.3 L/yr 59% less
South Indian Bank Assistant Manager Salary 2 - 10 years exp. (46 salaries)	₹6 L/yr - ₹16 L/yr 28% more

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Assistant Manager salary at Punjab National Bank ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Assistant Manager salaries in Mumbai

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.2 L/yr - ₹16 L/yr
2 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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3 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.8 L/yr
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹16.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹17.1 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹17.4 L/yr

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Similar Designation salaries in Punjab National Bank

Chief Manager Salary

(33 salaries)

₹15 L/yr - ₹50.52 L/yr

Assistant General Manager Salary

(9 salaries)

₹16.4 L/yr - ₹49 L/yr

Officer Salary

(3 salaries)

₹6 L/yr - ₹13 L/yr

Salary related reviews for Punjab National Bank

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

Branch Manager in New Delhi

Finance & Accounting Department

3.0

• posted on 29 Dec 2018

1.0

for Salary and Benefits

Likes

...retirees which were more in the 1980. Pensions have not been updated since 1995. All employees/ retirees have demanded the same benefits as per Central Pay Commission recommendations on salary revision of Central Govt. Employees/ Retirees.

Dislikes

Salary - Bad

+1 more
Job security - Poor

+1 more

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Aug 2023

3.0

for Salary and Benefits

Likes

Govt. job even if you don't work you will get the same same salary as others.

Job security - Excellent

Dislikes

Lot of manipulation in promotions , if you have connections then only expect promotion. If you have taken a work no one will get involved in it and even if anything happens the same people will come to blame you.

Skill development - Bad

+4 more

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What people are saying about Punjab National Bank

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supirya

works at

Punjab National Bank

Hi..I am working with Punjab national bank as an officer for past 13 years.I am looking for another job.any suggestions?

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Punjab National Bank Assistant Manager Salary FAQs

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

Assistant Manager salary at Punjab National Bank in Mumbai ranges between ₹6.5 Lakhs to ₹12.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 12% more than the average Assistant Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Punjab National Bank Mumbai.

How does the salary of a Assistant Manager at Punjab National Bank Mumbai compare with the average salary range for this job?

The average salary of a Assistant Manager at Punjab National Bank is 12% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab National Bank to a Assistant Manager in Mumbai?

Bank of America Assistant Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Barclays Assistant Manager Salary - ₹7.5 Lakhs to ₹21.5 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹7.0 Lakhs to ₹18.5 Lakhs per year
Bank of India Assistant Manager Salary - ₹8.0 Lakhs to ₹14.5 Lakhs per year

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

IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹6.1 Lakhs to ₹19.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Indian Overseas Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹12.9 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Punjab National Bank ranges between ₹67,119 per month to ₹68,837 per month in Mumbai. The take-home salary calculation is based on the average Punjab National Bank Assistant Manager salary in India which ranges between ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Punjab National Bank in Mumbai?

According to AmbitionBox, 67% of the Punjab National Bank Assistant Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Punjab National Bank Assistant Manager Salaries in Mumbai

Punjab National Bank Assistant Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Punjab National Bank latest salaries received from various employees of Punjab National Bank.