Punjab National Bank Mumbai Senior Manager Salaries by 20+ Employees (Updated 2025)

7 - 13 years exp.

₹11.2 Lakhs - ₹40 Lakhs

Salary of majority employees

At par with the average Senior Manager Salary in Banking Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 7 - 13 years exp. (16 salaries)	₹11.2 L/yr - ₹38.5 L/yr
Finance & Accounting Senior Manager Salary 7 - 9 years exp. (4 salaries)	₹13 L/yr - ₹25 L/yr
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Risk Management & Compliance Senior Manager Salary 10 - 11 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr
Customer Success, Service & Operations Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹21.4 L/yr

Last Updated: 14 Mar 2025

Companies similar to Punjab National Bank for Senior Manager in Mumbai

Punjab National Bank Senior Manager Salary

7 - 13 years exp. (27 salaries)

₹11.2 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.4k salaries)	₹8.2 L/yr - ₹28 L/yr 25% less
Axis Bank Senior Manager Salary 2 - 22 years exp. (2k salaries)	₹8.9 L/yr - ₹28.3 L/yr 20% less	2 job openings
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Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (1.3k salaries)	₹6.5 L/yr - ₹20 L/yr 42% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (947 salaries)	₹6.5 L/yr - ₹21 L/yr 42% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (643 salaries)	₹9.3 L/yr - ₹27.5 L/yr 21% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (569 salaries)	₹7 L/yr - ₹24.3 L/yr 30% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (332 salaries)	₹6.5 L/yr - ₹20 L/yr 42% less
IndusInd Bank Senior Manager Salary 6 - 17 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 44% less	6 job openings
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (93 salaries)	₹13 L/yr - ₹36 L/yr 4% more
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (90 salaries)	₹6.3 L/yr - ₹21 L/yr 30% less

View all

Senior Manager salary at Punjab National Bank ranges between ₹11.2 Lakhs to ₹40 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 27 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Senior Manager salaries in Mumbai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
7 years (5 salaries)	₹18 L/yr - ₹26 L/yr
8 years (6 salaries)	₹15.5 L/yr - ₹24 L/yr
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9 years (3 salaries)	₹13 L/yr - ₹40.2 L/yr
10 years (4 salaries)	₹11.2 L/yr - ₹25 L/yr
11 years (4 salaries)	₹20 L/yr - ₹30 L/yr
12 years (4 salaries)	₹12.5 L/yr - ₹40 L/yr
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr

View all

From

Senior Manager

7 - 13 years exp.

Chief Manager

10 - 18 years exp.

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.

Similar Designation salaries in Punjab National Bank

Chief Manager Salary

(33 salaries)

₹15 L/yr - ₹50.52 L/yr

Assistant General Manager Salary

(10 salaries)

₹17.75 L/yr - ₹49 L/yr

Officer Salary

(4 salaries)

₹6 L/yr - ₹13 L/yr

Deputy General Manager Salary

(3 salaries)

₹19.8 L/yr - ₹45.88 L/yr

Salary related reviews for Punjab National Bank

3.5

Rated by 14 employees for salary & benefits

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

Senior Manager

BFSI, Investments & Trading Department

5.0

• posted on 05 Jan 2018

5.0

for Salary and Benefits

Likes

...son.I attained full job satisfaction.Good training.Very good working atmosphere. Better job security, Good Salary and a good appraisal system.Good working atmosphere and a good worm-like balance.

Salary - Excellent

+6 more

Dislikes

Sometimes very long working hours due to network failure.

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

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

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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

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Punjab National Bank Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Punjab National Bank in Mumbai typically ranges from ₹11.2 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Senior Manager in Mumbai at Punjab National Bank earn more than ₹29.2 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior 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 20+ Punjab National Bank employees in India.

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

The estimated take-home salary of a Senior Manager at Punjab National Bank in Mumbai typically ranges from ₹1,44,068 to ₹1,49,445 per month. This is based on the average salary range of ₹11.2 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 7 years to 13 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 20+ 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 Senior Manager in India?

Bank of America	₹20.0 Lakhs to ₹45.0 Lakhs per year
Canara Bank	₹12.0 Lakhs to ₹32.0 Lakhs per year
Bank of Baroda	₹13.0 Lakhs to ₹36.0 Lakhs per year
NatWest Group	₹13.0 Lakhs to ₹33.0 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 Senior Manager in companies similar to Punjab National Bank in Mumbai?

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

Standard Chartered	₹9.0 Lakhs to ₹36.8 Lakhs per year
Union Bank of India	₹9.0 Lakhs to ₹32.0 Lakhs per year
State Bank of India	₹9.0 Lakhs to ₹35.0 Lakhs per year
Bank of India	₹11.3 Lakhs to ₹25.0 Lakhs per year
Indian Bank	₹12.0 Lakhs to ₹24.0 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 Senior Manager at Punjab National Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹18.0 Lakhs to ₹26.0 Lakhs per year
8 years	₹15.5 Lakhs to ₹24.0 Lakhs per year
9 years	₹13.0 Lakhs to ₹40.2 Lakhs per year
10 years	₹11.2 Lakhs to ₹25.0 Lakhs per year

and so on.

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Punjab National Bank Senior Manager Salaries in Mumbai

Punjab National Bank Senior Manager salary in Mumbai ranges between ₹11.2 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Punjab National Bank latest salaries received from various employees of Punjab National Bank.

Punjab National Bank Senior Manager salaries in Mumbai (Updated 2025)

Companies similar to Punjab National Bank for Senior Manager in Mumbai

Latest annual salaries shared by Punjab National Bank Senior Manager in Mumbai

Experience wise Punjab National Bank Senior Manager salaries in Mumbai

Similar Designation salaries in Punjab National Bank

Salary related reviews for Punjab National Bank

Senior Manager in Mumbai

Senior Manager

Deputy Manager in Patna

Deputy Manager in New Delhi

Branch Manager in New Delhi

Punjab National Bank Senior Manager Salary FAQs

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