Rajasthan Marudhara Gramin Bank Branch Manager Scale 2 Salaries by 4 Employees

8 - 12 years exp.

₹11 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Branch Manager Scale 2 Salary in Financial Services Companies for 8 - 12 years of experience

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Last Updated: 29 Sep 2024

Companies similar to Rajasthan Marudhara Gramin Bank for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
Canara Bank Branch Manager Scale 2 Salary 7 - 13 years exp. (11 salaries)	₹11.5 L/yr - ₹16.9 L/yr 12% more
State Bank of India Branch Manager Scale 2 Salary 11 - 19 years exp. (4 salaries)	₹17.3 L/yr - ₹18 L/yr 42% more
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ICICI Bank Branch Manager Scale 2 Salary 11 - 17 years exp. (7 salaries)	₹10.8 L/yr - ₹17.7 L/yr 7% more
Bank of Maharashtra Branch Manager Scale 2 Salary 7 - 11 years exp. (7 salaries)	₹10 L/yr - ₹20 L/yr 23% more
Karur Vysya Bank Branch Manager Scale 2 Salary 9 - 17 years exp. (7 salaries)	₹12 L/yr - ₹15 L/yr 12% more

Branch Manager Scale 2 salary at Rajasthan Marudhara Gramin Bank ranges between ₹11 Lakhs to ₹17 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Rajasthan Marudhara Gramin Bank.

Experience wise Rajasthan Marudhara Gramin Bank Branch Manager Scale 2 salaries

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr

Similar Designation salaries in Rajasthan Marudhara Gramin Bank

Branch Manager Salary

(6 salaries)

₹8 L/yr - ₹12.45 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Chief Manager Salary

(3 salaries)

₹15 L/yr - ₹30 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Rajasthan Marudhara Gramin Bank

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jan 2020

2.0

for Salary and Benefits

Likes

... REASONABLE TRAINING. JOB SECURITY IS FULL. CAREER GROWTH IS NOT UP TO THE MARK.SALARY IS LESS AND APPRAISALS ARE NOT VERY LUCRATIVE. WORK LIFE BALANCE IS NOT GOOD.INNOVATIONS ARE VERY RARE.

Skill development - Good

+1 more

Dislikes

CAREER GROWTH, SALARY & APPRAISALS, WORK LIFE BALANCE. AND LEARNING ENVIRONMENT.

Salary - Poor

+3 more

Senior Loan Manager in Jodhpur

BFSI, Investments & Trading Department

4.0

• posted on 22 Feb 2022

4.0

for Salary and Benefits

Likes

100 % job secure, good working condition mostly branches in rural area in 15 district of Rajasthan chairman from SBI with 5-6 GM's, all policies applicable of government of India & reserve Bank of India

Salary - Good

+6 more

Dislikes

Mostly postings at rural areas

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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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Rajasthan Marudhara Gramin Bank Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank ?

The average salary of a Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank in India typically ranges from ₹11.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Branch Manager Scale 2 Salaries at Rajasthan Marudhara Gramin 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 4 Rajasthan Marudhara Gramin Bank employees in India.

What is the estimated take home salary of a Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank in India?

The estimated take-home salary of a Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank in India typically ranges from ₹89,147 to ₹91,488 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 4 salaries received from various employees of Rajasthan Marudhara Gramin Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rajasthan Marudhara Gramin Bank for Branch Manager Scale 2 in India?

State Bank of India	₹17.3 Lakhs to ₹18.0 Lakhs per year
Bank of Maharashtra	₹10.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank	₹11.5 Lakhs to ₹16.9 Lakhs per year
Karur Vysya Bank	₹12.0 Lakhs to ₹15.0 Lakhs per year
ICICI Bank	₹10.8 Lakhs to ₹17.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Rajasthan Marudhara Gramin Bank, depending on the role and experience level.

How the salary growth look like for a Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank in India?

The salary growth for a Branch Manager Scale 2 at Rajasthan Marudhara Gramin Bank depends on factors such as experience, performance, and promotions. On average, a Branch Manager Scale 2 can expect the following growth trajectory at Rajasthan Marudhara Gramin Bank:

Experience	Average Salary Range
8 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
9 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
10 years	₹11.2 Lakhs to ₹14.4 Lakhs per year
11 years	₹12.1 Lakhs to ₹15.5 Lakhs per year

and so on.

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Rajasthan Marudhara Gramin Bank Branch Manager Scale 2 Salaries

Rajasthan Marudhara Gramin Bank Branch Manager Scale 2 salary in India ranges between ₹11 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rajasthan Marudhara Gramin Bank latest salaries received from various employees of Rajasthan Marudhara Gramin Bank.