RAKBANK IT Manager Salaries by 3 Employees (Updated 2025)

15 - 19 years exp.

₹4.7 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

62% less than the average IT Manager Salary in Banking Companies for 15 - 19 years of experience

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Last Updated: 27 Jun 2023

Companies similar to RAKBANK for IT Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 1 - 11 years exp. (110 salaries)	₹5.5 L/yr - ₹20 L/yr 122% more
ICICI Bank IT Manager Salary 6 - 14 years exp. (25 salaries)	₹8.3 L/yr - ₹21.9 L/yr 143% more
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Axis Bank IT Manager Salary 3 - 11 years exp. (56 salaries)	₹9.7 L/yr - ₹17.3 L/yr 171% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 121% more
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 280% more
IndusInd Bank IT Manager Salary 5 - 12 years exp. (31 salaries)	₹5.2 L/yr - ₹22.5 L/yr 146% more
Yes Bank IT Manager Salary 1 - 7 years exp. (5 salaries)	₹8.8 L/yr - ₹17.1 L/yr 224% more
Federal Bank IT Manager Salary 4 - 11 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 101% more
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (21 salaries)	₹6.1 L/yr - ₹19.5 L/yr 144% more
Bandhan Bank IT Manager Salary 6 - 10 years exp. (17 salaries)	₹3 L/yr - ₹11 L/yr 26% more
RBL Bank IT Manager Salary 2 - 9 years exp. (54 salaries)	₹5 L/yr - ₹15.5 L/yr 108% more	1 job opening
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Canara Bank IT Manager Salary 5 - 12 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 203% more
Utkarsh Small Finance Bank IT Manager Salary 7 - 14 years exp. (15 salaries)	₹6.2 L/yr - ₹13.3 L/yr 77% more
Central Bank of India IT Manager Salary 1 - 14 years exp. (12 salaries)	₹8 L/yr - ₹17.3 L/yr 138% more
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 229% more
Union Bank of India IT Manager Salary 5 - 10 years exp. (8 salaries)	₹8.4 L/yr - ₹14 L/yr 93% more
Karur Vysya Bank IT Manager Salary 10 - 13 years exp. (6 salaries)	₹10 L/yr - ₹13 L/yr 126% more
South Indian Bank IT Manager Salary 12 - 25 years exp. (5 salaries)	₹14 L/yr - ₹25 L/yr 212% more
Ujjivan Small Finance Bank IT Manager Salary 3 - 14 years exp. (5 salaries)	₹8.4 L/yr - ₹18.4 L/yr 179% more
Paytm Payments Bank IT Manager Salary 7 - 14 years exp. (5 salaries)	₹4 L/yr - ₹10 L/yr 34% more

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IT Manager salary at RAKBANK ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with experience between 15 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of RAKBANK.

Experience wise RAKBANK IT Manager salaries

Last Updated: 27 Jun 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹4.7 L/yr - ₹6 L/yr
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Salary related reviews for RAKBANK

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Dislikes

Only Salary is a matter of concern rest everything is alright.

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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RAKBANK IT Manager Salary FAQs

What is the notice period for IT Manager at RAKBANK?

According to AmbitionBox, 100% of the RAKBANK IT Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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RAKBANK IT Manager Salaries

RAKBANK IT Manager salary in India ranges between ₹4.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 RAKBANK latest salaries received from various employees of RAKBANK.