Punjab National Bank Branch Manager Scale 2 Salaries by 4 Employees (Updated 2025)

9 - 11 years exp.

₹10.8 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

At par with the average Branch Manager Scale 2 Salary in Banking Companies for 9 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Scale 2 Salary 9 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.3 L/yr
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Customer Success, Service & Operations Branch Manager Scale 2 Salary 9 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹11.9 L/yr

Last Updated: 20 Jan 2025

Companies similar to Punjab National Bank for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
Canara Bank Branch Manager Scale 2 Salary 7 - 13 years exp. (11 salaries)	₹11.5 L/yr - ₹16.9 L/yr 2% more
State Bank of India Branch Manager Scale 2 Salary 11 - 19 years exp. (4 salaries)	₹17.3 L/yr - ₹18 L/yr 28% more
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ICICI Bank Branch Manager Scale 2 Salary 11 - 17 years exp. (7 salaries)	₹10.8 L/yr - ₹17.7 L/yr 3% less
Indian Overseas Bank Branch Manager Scale 2 Salary 7 - 11 years exp. (6 salaries)	₹9 L/yr - ₹14.1 L/yr 14% less
Bank of Baroda Branch Manager Scale 2 Salary 5 - 9 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 5% less
Bank of India Branch Manager Scale 2 Salary 8 - 11 years exp. (5 salaries)	₹11.5 L/yr - ₹18 L/yr 7% more
IndusInd Bank Branch Manager Scale 2 Salary 9 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr 22% less
Central Bank of India Branch Manager Scale 2 Salary 5 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹17 L/yr 14% less
HDFC Bank Branch Manager Scale 2 Salary 12 - 16 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 14% more
Union Bank of India Branch Manager Scale 2 Salary 7 - 15 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr 2% more
AU Small Finance Bank Branch Manager Scale 2 Salary 4 - 11 years exp. (4 salaries)	₹3.7 L/yr - ₹10 L/yr 53% less
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Indian Bank Branch Manager Scale 2 Salary 8 - 11 years exp. (4 salaries)	₹11 L/yr - ₹19 L/yr 7% more

Branch Manager Scale 2 salary at Punjab National Bank ranges between ₹10.8 Lakhs to ₹17.5 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Branch Manager Scale 2 salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
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11 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr

Similar Designation salaries in Punjab National Bank

Branch Manager Salary

(54 salaries)

₹5 L/yr - ₹20 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Branch Incharge Salary

(4 salaries)

₹11 L/yr - ₹18 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Credit Manager Salary

(45 salaries)

₹8 L/yr - ₹22 L/yr

Branch Head Salary

(15 salaries)

₹8.4 L/yr - ₹23 L/yr

Sales Manager Salary

(4 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(38 salaries)

₹5.4 L/yr - ₹15.7 L/yr

Chief Manager Salary

(164 salaries)

₹13.78 L/yr - ₹50.52 L/yr

Senior Branch Manager Salary

(10 salaries)

₹15 L/yr - ₹30 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

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.

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
Job security - Poor

+1 more

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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 Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at Punjab National Bank ?

The average salary of a Branch Manager Scale 2 at Punjab National Bank in India typically ranges from ₹10.8 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Branch Manager Scale 2 at Punjab National Bank earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Branch Manager Scale 2 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 Branch Manager Scale 2 at Punjab National Bank in India?

The estimated take-home salary of a Branch Manager Scale 2 at Punjab National Bank in India typically ranges from ₹96,938 to ₹99,561 per month. This is based on the average salary range of ₹10.8 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 9 years to 11 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.

Which companies offer higher salaries than Punjab National Bank for Branch Manager Scale 2 in India?

State Bank of India	₹17.3 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹13.0 Lakhs to ₹17.0 Lakhs per year
Bank of India	₹11.5 Lakhs to ₹18.0 Lakhs per year
Indian Bank	₹11.0 Lakhs to ₹19.0 Lakhs per year
Union Bank of India	₹12.0 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Punjab National Bank, depending on the role and experience level.

What is the salary of a Branch Manager Scale 2 in companies similar to Punjab National Bank in India?

The salary of a Branch Manager Scale 2 at companies similar to Punjab National Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank	₹11.5 Lakhs to ₹16.9 Lakhs per year
ICICI Bank	₹10.8 Lakhs to ₹17.7 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹15.0 Lakhs per year
Central Bank of India	₹4.2 Lakhs to ₹17.0 Lakhs per year
Indian Overseas Bank	₹9.0 Lakhs to ₹14.1 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 Branch Manager Scale 2 at Punjab National Bank in India?

The salary growth for a Branch Manager Scale 2 at Punjab National Bank depends on factors such as experience, performance, and promotions. On average, a Branch Manager Scale 2 can expect the following growth trajectory at Punjab National Bank:

Experience	Average Salary Range
9 years	₹12.3 Lakhs to ₹15.7 Lakhs per year
10 years	₹12.5 Lakhs to ₹16.0 Lakhs per year
11 years	₹12.7 Lakhs to ₹16.2 Lakhs per year

and so on.

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Punjab National Bank Branch Manager Scale 2 Salaries

Punjab National Bank Branch Manager Scale 2 salary in India ranges between ₹10.8 Lakhs to ₹17.5 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.