Punjab National Bank Manager Scale II Salaries by 4 Employees

0 - 10 years exp.

₹10 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Manager Scale II Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role?

Last Updated: 25 Mar 2023

Companies similar to Punjab National Bank for Manager Scale II

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Manager Scale II Salary 3 - 11 years exp. (13 salaries)	₹7.2 L/yr - ₹18 L/yr 6% more
Canara Bank Manager Scale II Salary 5 - 11 years exp. (7 salaries)	₹7.5 L/yr - ₹24.7 L/yr 25% more
Login to view exact salary
Union Bank of India Manager Scale II Salary 2 - 10 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 19% less
Indian Bank Manager Scale II Salary 4 - 8 years exp. (4 salaries)	₹11.5 L/yr - ₹18 L/yr 21% more
Indian Overseas Bank Manager Scale II Salary 7 - 10 years exp. (3 salaries)	₹7 L/yr - ₹16 L/yr 1% less

Manager Scale II salary at Punjab National Bank ranges between ₹10 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Manager Scale II salaries

Last Updated: 25 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹12 L/yr - ₹22.8 L/yr
1 year (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
3 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.8 L/yr
4 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
5 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.9 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.6 L/yr

View all

Similar Designation salaries in Punjab National Bank

Senior Manager Credit Salary

(62 salaries)

₹11 L/yr - ₹30 L/yr

Credit Manager Salary

(46 salaries)

₹8 L/yr - ₹22 L/yr

Banking Officer Salary

(30 salaries)

₹7.35 L/yr - ₹15 L/yr

Branch Manager Salary

(25 salaries)

₹5.75 L/yr - ₹15 L/yr

Chief Manager Credit Salary

(20 salaries)

₹14 L/yr - ₹36 L/yr

Risk Manager Salary

(15 salaries)

₹10 L/yr - ₹18 L/yr

Single Window Operator Salary

(15 salaries)

₹2.25 L/yr - ₹7 L/yr

Branch Head Salary

(15 salaries)

₹8.4 L/yr - ₹23 L/yr

Relationship Manager Salary

(11 salaries)

₹3 L/yr - ₹4 L/yr

Senior Branch Manager Salary

(10 salaries)

₹15 L/yr - ₹30 L/yr

Salary related reviews for Punjab National Bank

3.0

Rated by 2 employees for salary & benefits

Single Window Operator

BFSI, Investments & Trading Department

4.0

• posted on 08 Apr 2019

3.0

for Salary and Benefits

Likes

Great bank Carreer growth in india is best But salary is very low

Skill development - Excellent

+5 more

Dislikes

Teamates are best.job 100 percent secure,salary is very low according to work,learning in this bank are so high ..good bank to learn all types of banking work.

Business Correspondent

Customer Success, Service & Operations Department

4.0

• posted on 22 Feb 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and adopts latest technology like payments to customer with Bio metric. i am a part of a team that market reliable and has a global client base.

Skill development - Good

+2 more

Dislikes

compensation is decent but growth is very slow. The work pressure is very high always. I have to work-14-18 hours in a day without any break and managers and district manager do no value an individuals unique strength,which is why i have to take back my suggestions most of times.

Promotions - Poor

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

Retired Branch Manager

BFSI, Investments & Trading Department

3.0

• posted on 04 Apr 2019

2.0

for Salary and Benefits

Likes

...s, of course job security is there; but there is pairabi, casteism, favouritism. Career growth only on pairabis, salary poor, appraisals on pairabis, no travel-only branch concentrations, dirty politics, no learning, work environment very poor--there is abundant load on BM, there is no innovation, work-life balance is very critical, there is no curative policies, instead there is vindictive policies.

Dislikes

Casteism, favoritism, buttering, no innovations, only work loads, no training, no career growth, appraisal poor, salary growth poor, dirty politics, no work environment, work-life balance is very poor.

Salary - Poor

+6 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Punjab National Bank?

Ask anonymously on communities.

Punjab National Bank Manager Scale II Salary FAQs

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

The average salary of a Manager Scale II at Punjab National Bank in India typically ranges from ₹10.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Manager Scale II at Punjab National Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager Scale 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 Scale II at Punjab National Bank in India?

The estimated take-home salary of a Manager Scale II at Punjab National Bank in India typically ranges from ₹83,820 to ₹86,011 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 Scale II in India?

Canara Bank	₹7.5 Lakhs to ₹24.7 Lakhs per year
Indian Bank	₹11.5 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda	₹7.2 Lakhs to ₹18.0 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 Scale II in companies similar to Punjab National Bank in India?

The salary of a Manager Scale 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:

Indian Overseas Bank	₹7.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India	₹6.0 Lakhs to ₹12.0 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 Scale II at Punjab National Bank in India?

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

Experience	Average Salary Range
Fresher	₹12.0 Lakhs to ₹22.8 Lakhs per year
1 year	₹11.2 Lakhs to ₹14.3 Lakhs per year
2 years	₹11.1 Lakhs to ₹14.1 Lakhs per year
3 years	₹12.0 Lakhs to ₹21.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Punjab National Bank Salaries >
Punjab National Bank Manager Scale II Salaries

Punjab National Bank Manager Scale II salary in India ranges between ₹10 Lakhs to ₹12 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.