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

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

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Last Updated: 25 Mar 2023

Companies similar to Punjab National Bank for Manager Scale II

Company name	Avg Annual Salary	Open Jobs
IDBI Bank Manager Scale II Salary 10 - 12 years exp. (3 salaries)	₹7 L/yr - ₹23 L/yr 27% more
Bank of Baroda Manager Scale II Salary 3 - 11 years exp. (13 salaries)	₹7.2 L/yr - ₹18 L/yr 6% more
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Canara Bank Manager Scale II Salary 5 - 10 years exp. (5 salaries)	₹7.5 L/yr - ₹15 L/yr 24% more
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
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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

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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

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Top trending discussions

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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 Manager Scale II Salary FAQs

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

Manager Scale II salary at Punjab National Bank in India ranges between ₹10.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 7% less than the average Manager Scale II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank India.

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

The average salary of a Manager Scale II at Punjab National Bank is 7% less than the average salary of a Manager Scale II in India. To know exact salary insights, login to view.

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

IDBI Bank Manager Scale II Salary - ₹7.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank Manager Scale II Salary - ₹7.5 Lakhs to ₹15.0 Lakhs per year
Indian Bank Manager Scale II Salary - ₹11.5 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Manager Scale II Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year

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

Indian Overseas Bank Manager Scale II Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India Manager Scale II Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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 ranges between ₹83,820 per month to ₹86,011 per month in India. The take-home salary calculation is based on the average Punjab National Bank Manager Scale II salary in India which ranges between ₹10.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Punjab National Bank Manager Scale IIs reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.