Punjab National Bank Mumbai Manager Salaries by 10+ Employees (Updated 2025)

3 - 11 years exp.

₹7.2 Lakhs - ₹22 Lakhs

Salary of majority employees

8% less than the average Manager Salary in Banking Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 10 years exp. (6 salaries)	₹7.6 L/yr - ₹22 L/yr
Finance & Accounting Manager Salary 6 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹17.5 L/yr
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Customer Success, Service & Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15.4 L/yr
Data Science & Analytics Manager Salary 5 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹17.1 L/yr

Last Updated: 21 Jan 2025

Companies similar to Punjab National Bank for Manager in Mumbai

Punjab National Bank Manager Salary

3 - 11 years exp. (16 salaries)

₹7.2 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (96 salaries)	₹12 L/yr - ₹40 L/yr 67% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 18% less	2 job openings
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HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 33% less
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 33% less
Bank of Baroda Manager Salary 5 - 14 years exp. (57 salaries)	₹8.2 L/yr - ₹25 L/yr 13% more
Canara Bank Manager Salary 5 - 14 years exp. (54 salaries)	₹8.5 L/yr - ₹25 L/yr 9% more
Union Bank of India Manager Salary 5 - 13 years exp. (53 salaries)	₹7 L/yr - ₹25 L/yr 2% more
Bank of India Manager Salary 5 - 11 years exp. (23 salaries)	₹6 L/yr - ₹24 L/yr 8% less
Indian Bank Manager Salary 6 - 12 years exp. (7 salaries)	₹8.8 L/yr - ₹16 L/yr 7% less
IDBI Bank Manager Salary 6 - 17 years exp. (182 salaries)	₹9.1 L/yr - ₹29 L/yr 27% more
Bank of Maharashtra Manager Salary 5 - 10 years exp. (17 salaries)	₹10 L/yr - ₹19 L/yr 6% less
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Central Bank of India Manager Salary 6 - 8 years exp. (6 salaries)	₹9 L/yr - ₹18 L/yr 12% less
Indian Overseas Bank Manager Salary 8 - 11 years exp. (4 salaries)	₹9.5 L/yr - ₹14 L/yr 9% less
UCO Bank Manager Salary 7 - 9 years exp. (4 salaries)	₹10.1 L/yr - ₹16 L/yr 17% less
Allahabad Bank Manager Salary 5 - 8 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 33% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 44% less
Yes Bank Manager Salary 0 - 17 years exp. (907 salaries)	₹4.3 L/yr - ₹14.1 L/yr 40% less
IndusInd Bank Manager Salary 0 - 16 years exp. (599 salaries)	₹3 L/yr - ₹12 L/yr 51% less	1 job opening
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (499 salaries)	₹3.7 L/yr - ₹15 L/yr 43% less
RBL Bank Manager Salary 2 - 16 years exp. (299 salaries)	₹4.2 L/yr - ₹14.5 L/yr 41% less

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Manager salary at Punjab National Bank ranges between ₹7.2 Lakhs to ₹22 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Manager salaries in Mumbai

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹27 L/yr
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5 years (3 salaries)	₹11 L/yr - ₹27 L/yr
6 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.5 L/yr
7 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
8 years (4 salaries)	₹7.2 L/yr - ₹22 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹27.5 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.5 L/yr

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Similar Designation salaries in Punjab National Bank

Credit Manager Salary

(14 salaries)

₹10 L/yr - ₹20 L/yr

Salary related reviews for Punjab National Bank

3.8

Rated by 3 employees for salary & benefits

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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What people are saying about Punjab National Bank

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supirya

works at

Punjab National Bank

Hi..I am working with Punjab national bank as an officer for past 13 years.I am looking for another job.any suggestions?

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Punjab National Bank Manager Salary FAQs

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

Manager salary at Punjab National Bank in Mumbai ranges between ₹7.2 Lakhs to ₹22.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 8% less than the average Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Punjab National Bank Mumbai.

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

The average salary of a Manager at Punjab National Bank is 8% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab National Bank to a Manager in Mumbai?

Bank of America Manager Salary - ₹11.7 Lakhs to ₹37.0 Lakhs per year
State Bank of India Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
The World Bank Manager Salary - ₹17.7 Lakhs to ₹24.0 Lakhs per year
IDBI Bank Manager Salary - ₹9.1 Lakhs to ₹29.0 Lakhs per year
Bank of Baroda Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Manager in companies similar to Punjab National Bank in Mumbai?

Standard Chartered Manager Salary - ₹7.2 Lakhs to ₹29.0 Lakhs per year
Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
NatWest Group Manager Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year
Barclays Manager Salary - ₹11.5 Lakhs to ₹21.0 Lakhs per year
Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Manager at Punjab National Bank ranges between ₹1,04,218 per month to ₹1,07,075 per month in Mumbai. The take-home salary calculation is based on the average Punjab National Bank Manager salary in India which ranges between ₹7.2 Lakhs to ₹22.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager at Punjab National Bank in Mumbai?

According to AmbitionBox, 67% of the Punjab National Bank Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Punjab National Bank Manager Salaries in Mumbai

Punjab National Bank Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Punjab National Bank latest salaries received from various employees of Punjab National Bank.