Punjab National Bank Mumbai Risk Manager Salaries by 2 Employees (Updated 2025)

3 - 5 years exp.

₹12.2 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 15 Mar 2023

Companies similar to Punjab National Bank for Risk Manager in Mumbai

Punjab National Bank Risk Manager Salary

3 - 5 years exp. (AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Risk Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹27 L/yr 49% more
ICICI Bank Risk Manager Salary 0 - 6 years exp. (31 salaries)	₹6.1 L/yr - ₹24 L/yr 9% more
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HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹22.7 L/yr 4% less
Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 2% more
Kotak Mahindra Bank Risk Manager Salary 1 - 11 years exp. (11 salaries)	₹6.4 L/yr - ₹10.8 L/yr 37% less
Yes Bank Risk Manager Salary 1 - 10 years exp. (15 salaries)	₹8.7 L/yr - ₹16.7 L/yr 23% less
Union Bank of India Risk Manager Salary 5 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹18.5 L/yr 5% more
IDFC FIRST Bank Risk Manager Salary 0 - 6 years exp. (36 salaries)	₹9 L/yr - ₹24 L/yr 41% more
Central Bank of India Risk Manager Salary 3 - 11 years exp. (11 salaries)	₹12 L/yr - ₹18.4 L/yr 17% more
Barclays Risk Manager Salary 6 - 13 years exp. (3 salaries)	₹12.3 L/yr - ₹24 L/yr 24% more

Risk Manager salary at Punjab National Bank ranges between ₹12.2 Lakhs to ₹15.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Punjab National Bank.

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Salary related reviews for Punjab National Bank

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

Senior Associate in Mandi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Job security Good Salary Good perks and allowances Supportive to leaners and new joinees Overall good in terms of learning new things

Salary - Good

+1 more

Dislikes

No work life balance Extending work hours Bad management Poor work culture in top management Work pressure too much in officer cadre

Company culture - Poor

+1 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

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

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Aug 2023

3.0

for Salary and Benefits

Likes

Govt. job even if you don't work you will get the same same salary as others.

Job security - Excellent

Dislikes

Lot of manipulation in promotions , if you have connections then only expect promotion. If you have taken a work no one will get involved in it and even if anything happens the same people will come to blame you.

Skill development - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Punjab National Bank Risk Manager Salary FAQs

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

According to AmbitionBox, 100% of the Punjab National Bank Risk Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Punjab National Bank Risk Manager Salaries in Mumbai

Punjab National Bank Risk Manager salary in Mumbai ranges between ₹12.2 Lakhs to ₹15.5 Lakhs. This is an estimate based on latest salaries received from employees of Punjab National Bank.