Punjab National Bank Manager II Salaries by 4 Employees (Updated 2025)

10 - 20 years exp.

₹10.2 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Manager II Salary in Banking Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager II Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15 L/yr
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Legal & Regulatory Manager II Salary 14 - 20 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹11.4 L/yr

Last Updated: 25 Feb 2025

Companies similar to Punjab National Bank for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager II Salary 2 - 16 years exp. (400 salaries)	₹8 L/yr - ₹26.2 L/yr 43% more
HDFC Bank Manager II Salary 3 - 11 years exp. (8 salaries)	₹5 L/yr - ₹11 L/yr 16% less
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 27% less
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 16% more
Canara Bank Manager II Salary 4 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 32% more
Union Bank of India Manager II Salary 5 - 7 years exp. (4 salaries)	₹10.3 L/yr - ₹17 L/yr 8% more
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 18% more
Kotak Mahindra Bank Manager II Salary 3 - 14 years exp. (17 salaries)	₹5 L/yr - ₹8.8 L/yr 45% less
AU Small Finance Bank Manager II Salary 2 - 10 years exp. (13 salaries)	₹3.5 L/yr - ₹10 L/yr 49% less
IndusInd Bank Manager II Salary 3 - 13 years exp. (6 salaries)	₹4 L/yr - ₹9.6 L/yr 43% less
Bandhan Bank Manager II Salary 8 - 16 years exp. (6 salaries)	₹7.2 L/yr - ₹11 L/yr 20% less
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IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 40% less
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 40% less
Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 32% more
Indian Bank Manager II Salary 9 - 24 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr 8% more
Indian Overseas Bank Manager II Salary 9 - 17 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 38% more

Manager II salary at Punjab National Bank ranges between ₹10.2 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Manager II salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
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12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹21.1 L/yr
15+ years (AmbitionBox Estimate)	₹10.2 L/yr - ₹21.2 L/yr

View all

Similar Designation salaries in Punjab National Bank

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₹11.8 L/yr - ₹50.24 L/yr

Deputy Manager Salary

(51 salaries)

₹5 L/yr - ₹15.7 L/yr

Officer Salary

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₹3.67 L/yr - ₹13 L/yr

Clerk Salary

(15 salaries)

₹3 L/yr - ₹7.5 L/yr

Deputy General Manager Salary

(13 salaries)

₹17 L/yr - ₹45 L/yr

Head Cashier Salary

(12 salaries)

₹4.55 L/yr - ₹10 L/yr

Probationary Officer Salary

(10 salaries)

₹6 L/yr - ₹7.45 L/yr

Management Trainee Salary

(8 salaries)

₹4.8 L/yr - ₹12 L/yr

Customer Care Executive Salary

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₹1 L/yr - ₹2.4 L/yr

Salary related reviews for Punjab National Bank

4.8

Rated by 2 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

Assistant General Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

It is the second largest Public Sector Lender & the name PNB carries that weightage. Job is not that much stressful.Compensation & benefits are at par or better than any other Public Sector Bank on every parameter.

Salary - Good

+6 more

Dislikes

At senior position, transferability from one place to other. However this challege is there with every public sector bank

Clerk in Jhilimili

Customer Success, Service & Operations Department

2.0

• posted on 21 Apr 2021

4.0

for Salary and Benefits

Likes

No phone calls from higher authority...time pe kam karo time pe ghar jao aur sahi time pe salary lo which is also good as per work pressure

Salary - Good

+1 more

Dislikes

Maoist area mei fek k rakhega..koi puchnewala v nehi hai jinda hai ki nahi..koi dekhnewala nehi hai ki ab isko nikalna chahiye...as per management we r not human..we r just part of their outdated flop nepotismic system.management promote unhealthy work culture unhealthy and unequal posting and promotion process...they only promote reservation.

Skill development - Bad

+4 more

Recovery Agent in Lucknow

Finance & Accounting Department

5.0

• posted on 29 Sep 2019

5.0

for Salary and Benefits

Likes

Competetive salary and excellent benifits wide range of jobs and experiences in a thriving industry Numerous opportunities for an advancement for ambitious professional Continuing education and community service in highly encouraged Excellent working condition and hours

Salary - Excellent

+6 more

Dislikes

Noting

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Punjab National Bank Manager II Salary FAQs

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

The average salary of a Manager II at Punjab National Bank in India typically ranges from ₹10.2 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Manager II at Punjab National Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Manager II 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 Manager II at Punjab National Bank in India?

The estimated take-home salary of a Manager II at Punjab National Bank in India typically ranges from ₹83,596 to ₹85,781 per month. This is based on the average salary range of ₹10.2 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 Manager II in India?

ICICI Bank	₹8.0 Lakhs to ₹26.2 Lakhs per year
Indian Overseas Bank	₹14.5 Lakhs to ₹18.0 Lakhs per year
Central Bank of India	₹14.0 Lakhs to ₹17.0 Lakhs per year
Canara Bank	₹14.5 Lakhs to ₹18.0 Lakhs per year
IDBI Bank	₹9.0 Lakhs to ₹25.0 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 Manager II in companies similar to Punjab National Bank in India?

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

Bank of Baroda	₹12.0 Lakhs to ₹15.0 Lakhs per year
Union Bank of India	₹10.3 Lakhs to ₹17.0 Lakhs per year
Indian Bank	₹10.5 Lakhs to ₹16.0 Lakhs per year
HDFC Bank	₹5.0 Lakhs to ₹11.0 Lakhs per year
Bandhan Bank	₹7.2 Lakhs to ₹11.0 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 Manager II at Punjab National Bank in India?

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

Experience	Average Salary Range
10 years	₹4.7 Lakhs to ₹15.0 Lakhs per year
11 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
12 years	₹4.7 Lakhs to ₹15.0 Lakhs per year
13 years	₹10.6 Lakhs to ₹13.5 Lakhs per year

and so on.

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Punjab National Bank Manager II Salaries

Punjab National Bank Manager II salary in India ranges between ₹10.2 Lakhs to ₹15 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.