Punjab National Bank New Delhi IT Manager Salaries by 10+ Employees (Updated 2025)

4 - 9 years exp.

₹10.9 Lakhs - ₹22 Lakhs

Avg. annual salary

Monthly In-hand Salary

62% more than the average IT Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA IT Manager Salary 4 - 9 years exp. (8 salaries)	₹10.9 L/yr - ₹22 L/yr
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Product Management IT Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹17.9 L/yr

Last Updated: 13 Feb 2025

Companies similar to Punjab National Bank for IT Manager in New Delhi

Punjab National Bank IT Manager Salary

4 - 9 years exp. (11 salaries)

₹10.9 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank IT Manager Salary 5 - 11 years exp. (6 salaries)	₹5.3 L/yr - ₹10 L/yr 59% less
State Bank of India IT Manager Salary 12 - 16 years exp. (5 salaries)	₹16 L/yr - ₹22 L/yr 8% more
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Care Health Insurance IT Manager Salary 1 - 11 years exp. (27 salaries)	₹2.7 L/yr - ₹10 L/yr 62% less	1 job opening
Wipro IT Manager Salary 4 - 15 years exp. (12 salaries)	₹4.4 L/yr - ₹15.4 L/yr 52% less
Holiday Inn IT Manager Salary 7 - 18 years exp. (10 salaries)	₹7.1 L/yr - ₹13 L/yr 49% less

IT Manager salary at Punjab National Bank ranges between ₹10.9 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank IT Manager salaries in New Delhi

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
5 years (3 salaries)	₹11 L/yr - ₹32.6 L/yr
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6 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
7 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
8 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
9 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr

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From

IT Manager

₹

Lakhs/yr

4 - 9 years exp.

Chief Manager

₹

Lakhs/yr

10 - 18 years exp.

IT Manager 4 - 9 years exp.

Senior IT Manager 6 - 7 years exp.

-1% hike

Chief Manager 10 - 18 years exp.

72% hike

From

View 1 more level

IT Manager

4 - 9 years exp.

Chief IT Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Punjab National Bank

Deputy Manager Salary

(7 salaries)

₹5.2 L/yr - ₹12.5 L/yr

Salary related reviews for Punjab National Bank

3.0

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

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

Assistant Manager - Administration in New Delhi

Full Time

General Administration Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Good work invironment and culture and good company policies , hikes of salary and bonus yearly/partially on norms.

Salary - Good

+6 more

Dislikes

Priority for Personal relationship and their closed Referance to Hiring and renewing contract based

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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 IT Manager Salary FAQs

What is the salary of IT Manager at Punjab National Bank in New Delhi?

The average salary of a IT Manager at Punjab National Bank in New Delhi typically ranges from ₹10.9 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of IT Manager in New Delhi at Punjab National Bank earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. IT Manager 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 10+ Punjab National Bank employees in India.

What is the estimated take home salary of a IT Manager at Punjab National Bank in New Delhi?

The estimated take-home salary of a IT Manager at Punjab National Bank in New Delhi typically ranges from ₹1,23,898 to ₹1,27,674 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 10+ 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 IT Manager in India?

State Bank of India

₹16.0 Lakhs to ₹22.0 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 IT Manager in companies similar to Punjab National Bank in New Delhi?

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

Holiday Inn	₹7.1 Lakhs to ₹13.0 Lakhs per year
Wipro	₹4.4 Lakhs to ₹15.4 Lakhs per year
Bandhan Bank	₹5.3 Lakhs to ₹10.0 Lakhs per year
Care Health Insurance	₹2.7 Lakhs to ₹10.0 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 IT Manager at Punjab National Bank in New Delhi?

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

Experience	Average Salary Range
4 years	₹16.0 Lakhs to ₹20.5 Lakhs per year
5 years	₹11.0 Lakhs to ₹32.6 Lakhs per year
6 years	₹16.5 Lakhs to ₹21.1 Lakhs per year
7 years	₹16.8 Lakhs to ₹21.5 Lakhs per year

and so on.

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Punjab National Bank IT Manager Salaries in New Delhi

Punjab National Bank IT Manager salary in New Delhi ranges between ₹10.9 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Punjab National Bank latest salaries received from various employees of Punjab National Bank.