RBL Bank Mumbai Program Manager Salaries by 4 Employees (Updated 2025)

2 - 16 years exp.

₹14.5 Lakhs - ₹30 Lakhs

Salary of majority employees

21% less than the average Program Manager Salary in Banking Companies for 2 - 16 years of experience

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Salaries in different departments

Project & Program Management Program Manager Salary 2 - 15 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹27 L/yr
BFSI, Investments & Trading Program Manager Salary 16 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹23 L/yr
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Product Management Program Manager Salary 8 years exp. (AmbitionBox Estimate)	₹18.7 L/yr - ₹30 L/yr

Last Updated: 4 Mar 2025

Companies similar to RBL Bank for Program Manager in Mumbai

RBL Bank Program Manager Salary

2 - 16 years exp. (4 salaries)

₹14.5 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Program Manager Salary 1 - 6 years exp. (68 salaries)	₹8 L/yr - ₹24 L/yr 17% less	1 job opening
Axis Bank Program Manager Salary 1 - 14 years exp. (46 salaries)	₹9 L/yr - ₹24 L/yr 23% less
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HDFC Bank Program Manager Salary 1 - 10 years exp. (21 salaries)	₹17.9 L/yr - ₹38 L/yr 8% more
IDFC FIRST Bank Program Manager Salary 1 - 7 years exp. (16 salaries)	₹9.1 L/yr - ₹24 L/yr 24% less
ICICI Bank Program Manager Salary 1 - 12 years exp. (11 salaries)	₹16 L/yr - ₹27.9 L/yr 5% more
Kotak Mahindra Bank Program Manager Salary 4 - 14 years exp. (5 salaries)	₹7 L/yr - ₹23.5 L/yr 27% less
IndusInd Bank Program Manager Salary 0 - 5 years exp. (3 salaries)	₹12 L/yr - ₹27 L/yr 2% less

Program Manager salary at RBL Bank ranges between ₹14.5 Lakhs to ₹30 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of RBL Bank.

Experience wise RBL Bank Program Manager salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹33 L/yr
3 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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4 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
5 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
6 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
7 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹30 L/yr
9 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
10 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
11 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
12 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
13 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
14 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.8 L/yr
15+ years (AmbitionBox Estimate)	₹8.4 L/yr - ₹27 L/yr

View all

Similar Designation salaries in RBL Bank

Product Manager Salary

(65 salaries)

₹6.5 L/yr - ₹21.2 L/yr

Business Analyst Salary

(37 salaries)

₹4 L/yr - ₹16.5 L/yr

Project Manager Salary

(24 salaries)

₹5 L/yr - ₹13.5 L/yr

Senior Project Manager Salary

(4 salaries)

₹10.5 L/yr - ₹18 L/yr

Salary related reviews for RBL Bank

Associate Vice President in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 31 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The thing which everyone would need atleast from an employment is good work, decent salary with recognition and timely professional and personal growth. RBL internal audit team has complete bias ness favouring only 2-3 favourite employee in all terms. It is unpleasant experience being with RBL Bank and wasting time. It spoils rating of employees to favour other employees. I would recommend anyone to avoid joining internal audit team as it lacks the give employee with its basic rights and that is to proof your ability and succeed. The place with high partially.

Salary - Bad

+6 more

Product Manager in Mumbai

Product Management Department

1.0

• posted on 27 Jul 2021

1.0

for Salary and Benefits

Likes

Job security is good since employees quit constantly

Dislikes

...e is no automation on basic day to day activities which consume all your time. Pay is too less compared to the market. Managers are not helpful. They dont care about your health or well being. Faced lot of problems during pandemic though I work in corporate office in a role which is neither customer facing nor requires my presence at the office.

Salary - Bad

+5 more

Product Manager in Mumbai

Product Management Department

5.0

• posted on 11 Aug 2021

5.0

for Salary and Benefits

Likes

Work Culture is pretty good & cordial- Seniors have an open door policy. Worklife balance is definitely a plus & lots of learning opportunities for beginners.

Salary - Excellent

+6 more

Dislikes

Salary to some extent , if raised at entry level, would become a fantastic addition.

Associate Vice President in Mumbai

Business Department

2.0

• posted on 09 May 2021

2.0

for Salary and Benefits

Likes

Nothing material to say

Dislikes

Lot of things, bad culture, very low market compensation, poor appraisal process and benefits. U will feel stuck if joined. Not recommended for freshers as they will lose hope on Banking

Salary - Poor

+6 more

Assistant Vice President

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 Mar 2019

3.0

for Salary and Benefits

Likes

Excellent experience. Good place to work Fastest growing up. Adopting latest technology.Am part of one of important lending product. Culture is good and good support from management team.

Skill development - Good

+5 more

Dislikes

Compensation is decent.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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RBL Bank Program Manager Salary FAQs

What is the salary of Program Manager at RBL Bank in Mumbai?

The average salary of a Program Manager at RBL Bank in Mumbai typically ranges from ₹14.5 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Program Manager in Mumbai at RBL Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Program Manager Salaries at RBL 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 RBL Bank employees in India.

What is the estimated take home salary of a Program Manager at RBL Bank in Mumbai?

The estimated take-home salary of a Program Manager at RBL Bank in Mumbai typically ranges from ₹1,29,762 to ₹1,34,318 per month. This is based on the average salary range of ₹14.5 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 2 years to 16 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 RBL Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than RBL Bank for Program Manager in India?

HDFC Bank	₹17.9 Lakhs to ₹38.0 Lakhs per year
ICICI Bank	₹16.0 Lakhs to ₹27.9 Lakhs per year

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

What is the salary of a Program Manager in companies similar to RBL Bank in Mumbai?

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

IndusInd Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year
Yes Bank	₹8.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank	₹9.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank	₹9.1 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹23.5 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 Program Manager at RBL Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹14.5 Lakhs to ₹33.0 Lakhs per year
3 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
4 years	₹16.9 Lakhs to ₹21.6 Lakhs per year
5 years	₹17.1 Lakhs to ₹21.8 Lakhs per year

and so on.

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RBL Bank Program Manager Salaries in Mumbai

RBL Bank Program Manager salary in Mumbai ranges between ₹14.5 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 RBL Bank latest salaries received from various employees of RBL Bank.