Punjab National Bank Jalandhar Manager Salaries by 5 Employees

5 - 10 years exp.

₹9 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Manager Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹15.6 L/yr
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Customer Success, Service & Operations Manager Salary 10 years exp. (AmbitionBox Estimate)	₹14.3 L/yr - ₹15 L/yr

Last Updated: 14 Jul 2024

Companies similar to Punjab National Bank for Manager in Jalandhar

Punjab National Bank Manager Salary

5 - 10 years exp. (5 salaries)

₹9 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Havells Manager Salary 11 - 18 years exp. (7 salaries)	₹15 L/yr - ₹19 L/yr 12% more
Capital Small Finance Bank Manager Salary 7 - 10 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 57% less
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Sonalika Tractors Manager Salary 10 - 15 years exp. (6 salaries)	₹9 L/yr - ₹13.6 L/yr 11% less
Rmx Industries Manager Salary 2 - 8 years exp. (6 salaries)	₹8.4 L/yr - ₹19 L/yr 20% less
SML Isuzu Manager Salary 12 - 16 years exp. (5 salaries)	₹12 L/yr - ₹16.3 L/yr 5% more

Manager salary at Punjab National Bank ranges between ₹9 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Manager salaries in Jalandhar

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
6 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
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7 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr
10 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr

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From

Manager

₹

Lakhs/yr

3 - 12 years exp.

Chief Manager

₹

Lakhs/yr

10 - 18 years exp.

Manager 3 - 12 years exp.

Senior Manager 7 - 13 years exp.

35% hike

Chief Manager 10 - 18 years exp.

50% hike

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.

Salary related reviews for Punjab National Bank

Manager in Gwalior

Finance & Accounting Department

5.0

• posted on 27 Mar 2020

4.0

for Salary and Benefits

Likes

...ees only action against complaint. Although work culture is same of all banks. Salary are not as per our duties performed compared to other govt departments. They are earnings more with less responsibilities,and we less payment with more responsibility. Management is having a upper hand on field staff. There is much to write but I think this is sufficient to know the views.

Salary - Good

+6 more

Dislikes

There exist always workmen and officers union in banks so staff of different unions always have difference of opinion, Training criteria not known. Travel policies as per entitlement.for Learning e site is very well developed No fixed duty hours for officers. Late sitting in branches is a culture. Bossism exist.yesman ship exist.

Manager in New Delhi

Customer Success, Service & Operations Department

4.0

• posted on 15 Aug 2018

3.0

for Salary and Benefits

Likes

It is a PSU bank. The salary structure is as per wage settlement ever five year on industry level. Appraisal system is alright. Work environment is so so. training and learning is good.

Job security - Excellent

+4 more

Dislikes

Compensation is satisfactory. There is work pressure while working in branches. There are targets to achieve. Though timing is not on the higher side but sometimes to sit late for two/three hours but manageable.

Manager in Kolkata

Other Department

4.0

• posted on 30 Oct 2019

4.0

for Salary and Benefits

Likes

Friendly atmosphere with average training facilities, secured job, average salary structure. Learent computer knowledge of banking. Busy schedule of work and with less innovative ideas.

Salary - Good

+3 more

Dislikes

Today banking job is harder than past. Staff relation was previously friendly than now.

Manager in Guwahati

Customer Success, Service & Operations Department

2.0

• posted on 12 Sep 2018

2.0

for Salary and Benefits

Likes

Training facility is good. And you get good learning opportunity.

Skill development - Good

Dislikes

Salary is as per system. Appraisal is often biased. Innovation is punished. Work life balance is very bad. It doesn't matter if you don't work honestly during 10-5 but if you sit late till 8/9, you are branded as a devoted worker.

Salary - Poor

+3 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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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 Manager Salary FAQs

What is the salary of Manager at Punjab National Bank in Jalandhar?

The average salary of a Manager at Punjab National Bank in Jalandhar typically ranges from ₹9.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Manager in Jalandhar at Punjab National Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. 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 5 Punjab National Bank employees in India.

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

The estimated take-home salary of a Manager at Punjab National Bank in Jalandhar typically ranges from ₹1,02,824 to ₹1,05,637 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 5 years 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 5 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 in India?

Havells	₹15.0 Lakhs to ₹19.0 Lakhs per year
SML Isuzu	₹12.0 Lakhs to ₹16.3 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 in companies similar to Punjab National Bank in Jalandhar?

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

Sonalika Tractors	₹9.0 Lakhs to ₹13.6 Lakhs per year
Rmx Industries	₹8.4 Lakhs to ₹19.0 Lakhs per year
Capital Small Finance Bank	₹5.0 Lakhs to ₹8.0 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 at Punjab National Bank in Jalandhar?

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

Experience	Average Salary Range
5 years	₹13.1 Lakhs to ₹16.8 Lakhs per year
6 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
7 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
8 years	₹13.4 Lakhs to ₹17.2 Lakhs per year

and so on.

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Punjab National Bank Manager Salaries in Jalandhar

Punjab National Bank Manager salary in Jalandhar ranges between ₹9 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Punjab National Bank latest salaries received from various employees of Punjab National Bank.