Punjab National Bank Deputy Manager Salaries by 50+ Employees (Updated 2025)

2 - 12 years exp.

₹5 Lakhs - ₹15.7 Lakhs

Salary of majority employees

Fixed (88%)

₹10.1 Lakhs

Variable (12%)

₹1.3 Lakh

19% more than the average Deputy Manager Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 2 - 10 years exp. (17 salaries)	₹6 L/yr - ₹15 L/yr
Engineering - Software & QA Deputy Manager Salary 6 - 8 years exp. (4 salaries)	₹8.7 L/yr - ₹15.7 L/yr
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Finance & Accounting Deputy Manager Salary 5 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Deputy Manager Salary 2 - 8 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹12.5 L/yr
Data Science & Analytics Deputy Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

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Last Updated: 1 Aug 2024

Companies similar to Punjab National Bank for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Manager Salary 4 - 15 years exp. (524 salaries)	₹7.2 L/yr - ₹28 L/yr 45% more	1 job opening
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2 L/yr - ₹11 L/yr 44% less
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HDFC Bank Deputy Manager Salary 0 - 13 years exp. (15.1k salaries)	₹2 L/yr - ₹10.8 L/yr 49% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	₹2 L/yr - ₹8.7 L/yr 45% less
Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8.2 L/yr 56% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.3k salaries)	₹2.3 L/yr - ₹9.1 L/yr 50% less
IDBI Bank Deputy Manager Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹9 L/yr 57% less
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (11 salaries)	₹3.8 L/yr - ₹13.2 L/yr 19% less
Canara Bank Deputy Manager Salary 0 - 14 years exp. (3 salaries)	₹8 L/yr - ₹17.6 L/yr 5% less
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹16 L/yr 5% more

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Deputy Manager salary at Punjab National Bank ranges between ₹5 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 51 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Deputy Manager salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
2 years (6 salaries)	₹8.3 L/yr - ₹11 L/yr
3 years (3 salaries)	₹8.5 L/yr - ₹12.5 L/yr
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4 years (AmbitionBox Estimate)	₹6 L/yr - ₹19.1 L/yr
5 years (6 salaries)	₹6 L/yr - ₹19.6 L/yr
6 years (10 salaries)	₹6 L/yr - ₹13.7 L/yr
7 years (9 salaries)	₹5 L/yr - ₹13 L/yr
8 years (4 salaries)	₹4.7 L/yr - ₹15.7 L/yr
9 years (4 salaries)	₹7 L/yr - ₹15 L/yr
10 years (3 salaries)	₹7.2 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.5 L/yr
12 years (3 salaries)	₹12 L/yr - ₹15 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

2 - 12 years exp.

Chief Manager

₹

Lakhs/yr

10 - 18 years exp.

Deputy Manager 2 - 12 years exp.

Manager 3 - 11 years exp.

31% hike

Senior Manager 7 - 15 years exp.

36% hike

Similar Designation salaries in Punjab National Bank

Team Manager Salary

(5 salaries)

₹7 L/yr - ₹14 L/yr

Branch Manager Salary

(46 salaries)

₹5.75 L/yr - ₹20 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Department Manager Salary

(3 salaries)

₹12.4 L/yr - ₹18 L/yr

Deputy Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹8 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹29.3 L/yr - ₹37.4 L/yr

Operations Manager Salary

(4 salaries)

₹4.5 L/yr - ₹12 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Relationship Manager Salary

(11 salaries)

₹3 L/yr - ₹4 L/yr

Team Lead Salary

(4 salaries)

₹2.8 L/yr - ₹3.36 L/yr

Salary related reviews for Punjab National Bank

3.8

Rated by 18 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

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
Job security - Poor

+1 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

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Punjab National Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Punjab National Bank?

Deputy Manager salary at Punjab National Bank in India ranges between ₹5.0 Lakhs to ₹15.7 Lakhs for experience between 2 years to 12 years. According to our estimates it is 19% more than the average Deputy Manager Salary in India. Salary estimates are based on 51 latest salaries received from various employees of Punjab National Bank India.

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

The average salary of a Deputy Manager at Punjab National Bank is 19% more than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab National Bank to a Deputy Manager in India?

State Bank of India Deputy Manager Salary - ₹7.2 Lakhs to ₹28.0 Lakhs per year
Bank of America Deputy Manager Salary - ₹7.0 Lakhs to ₹20.2 Lakhs per year
Union Bank of India Deputy Manager Salary - ₹9.0 Lakhs to ₹16.0 Lakhs per year
Indian Bank Deputy Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank Deputy Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year

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

Barclays Deputy Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Canara Bank Deputy Manager Salary - ₹8.0 Lakhs to ₹17.6 Lakhs per year
Bank of India Deputy Manager Salary - ₹3.1 Lakhs to ₹16.1 Lakhs per year
Shinhan Bank Deputy Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda Deputy Manager Salary - ₹3.8 Lakhs to ₹13.2 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Punjab National Bank ranges between ₹81,572 per month to ₹83,700 per month in India. The take-home salary calculation is based on the average Punjab National Bank Deputy Manager salary in India which ranges between ₹5.0 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Punjab National Bank?

According to AmbitionBox, 42% of the Punjab National Bank Deputy Managers reported a notice period of 3 Months, 19% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Punjab National Bank Deputy Manager Salaries

Punjab National Bank Deputy Manager salary in India ranges between ₹5 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 51 Punjab National Bank latest salaries received from various employees of Punjab National Bank.

Punjab National Bank Deputy Manager salaries in India

Companies similar to Punjab National Bank for Deputy Manager

Latest annual salaries shared by Punjab National Bank Deputy Manager

Experience wise Punjab National Bank Deputy Manager salaries

Similar Designation salaries in Punjab National Bank

Salary related reviews for Punjab National Bank

Deputy Manager in Patna

Deputy Manager in New Delhi

Branch Manager in New Delhi

Senior Associate in Mandi

Senior Manager in Mumbai

Punjab National Bank Deputy Manager Salary FAQs

Tell us how to improve this page.

Punjab National Bank Deputy Manager Salaries by Location