Reserve Bank of India Mumbai Manager Salaries by 30+ Employees (Updated 2025)

2 - 31 years exp.

₹18 Lakhs - ₹46 Lakhs

Avg. annual salary

Monthly In-hand Salary

98% more than the average Manager Salary in Banking Companies for 2 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 2 - 9 years exp. (5 salaries)	₹12 L/yr - ₹35 L/yr
Finance & Accounting Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹46 L/yr
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Strategic & Top Management Manager Salary 6 - 9 years exp. (4 salaries)	₹37 L/yr - ₹40 L/yr
Data Science & Analytics Manager Salary 5 - 7 years exp. (3 salaries)	₹35 L/yr - ₹42 L/yr
Human Resources Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹32.1 L/yr

View all

Last Updated: 11 Mar 2025

Companies similar to Reserve Bank of India for Manager in Mumbai

Reserve Bank of India Manager Salary

2 - 31 years exp. (36 salaries)

₹18 L/yr - ₹46 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Manager Salary 0 - 17 years exp. (890 salaries)	₹4.3 L/yr - ₹15 L/yr 72% less
IndusInd Bank Manager Salary 0 - 16 years exp. (629 salaries)	₹3.4 L/yr - ₹12.2 L/yr 76% less	3 job openings
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IDFC FIRST Bank Manager Salary 1 - 14 years exp. (486 salaries)	₹3.7 L/yr - ₹12.7 L/yr 74% less
IDBI Bank Manager Salary 6 - 17 years exp. (182 salaries)	₹9.1 L/yr - ₹29 L/yr 40% less
Standard Chartered Manager Salary 2 - 19 years exp. (138 salaries)	₹7 L/yr - ₹27 L/yr 54% less
Bank of America Manager Salary 5 - 17 years exp. (119 salaries)	₹11.7 L/yr - ₹37 L/yr 17% less	3 job openings
AU Small Finance Bank Manager Salary 3 - 14 years exp. (76 salaries)	₹4 L/yr - ₹17 L/yr 71% less	1 job opening
Deutsche Bank Manager Salary 7 - 17 years exp. (76 salaries)	₹6.3 L/yr - ₹22 L/yr 54% less	1 job opening
Canara Bank Manager Salary 4 - 14 years exp. (59 salaries)	₹8.5 L/yr - ₹25 L/yr 48% less
Federal Bank Manager Salary 3 - 12 years exp. (58 salaries)	₹9 L/yr - ₹23 L/yr 45% less

View all

Manager salary at Reserve Bank of India ranges between ₹18 Lakhs to ₹46 Lakhs per year for employees with experience between 2 years to 31 years. Salary estimates are based on 36 latest salaries received from various employees of Reserve Bank of India.

Latest annual salaries shared by Reserve Bank of India Manager in Mumbai

3w ago

₹42 Lakhs

5 years exp.

3w ago

₹42 Lakhs

4 years exp.

2mo ago

₹40 Lakhs

9 years exp.

3mo ago

₹28 Lakhs

2 years exp.

8mo ago

₹46 Lakhs

11 years exp.

9mo ago

8 years exp.

9mo ago

2 years exp.

11mo ago

7 years exp.

1y ago

5 years exp.

1y ago

7 years exp.

Experience wise Reserve Bank of India Manager salaries in Mumbai

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹28.2 L/yr - ₹36.1 L/yr
3 years (3 salaries)	₹20 L/yr - ₹56.6 L/yr
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4 years (4 salaries)	₹18 L/yr - ₹42 L/yr
5 years (10 salaries)	₹13.5 L/yr - ₹42 L/yr
6 years (6 salaries)	₹14.4 L/yr - ₹37 L/yr
7 years (3 salaries)	₹20 L/yr - ₹42 L/yr
8 years (3 salaries)	₹28 L/yr - ₹40 L/yr
9 years (3 salaries)	₹15 L/yr - ₹40 L/yr
10 years (AmbitionBox Estimate)	₹28.9 L/yr - ₹36.9 L/yr
11 years (AmbitionBox Estimate)	₹29 L/yr - ₹37 L/yr
12 years (AmbitionBox Estimate)	₹29 L/yr - ₹37.1 L/yr
13 years (AmbitionBox Estimate)	₹29.1 L/yr - ₹37.2 L/yr
14 years (AmbitionBox Estimate)	₹29.2 L/yr - ₹37.3 L/yr
15+ years (AmbitionBox Estimate)	₹29.9 L/yr - ₹38.2 L/yr

View all

From

Manager

₹

Lakhs/yr

2 - 31 years exp.

Deputy General Manager

₹

Lakhs/yr

12 - 31 years exp.

Manager 2 - 31 years exp.

Assistant General Manager 7 - 13 years exp.

28% hike

Deputy General Manager 12 - 31 years exp.

85% hike

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 Reserve Bank of India

Assistant General Manager Salary

(16 salaries)

₹18 L/yr - ₹64.7 L/yr

Research Intern Salary

(11 salaries)

₹5 L/yr - ₹6.6 L/yr

Data Entry Operator Salary

(7 salaries)

₹1.45 L/yr - ₹2.8 L/yr

General Manager Salary

(5 salaries)

₹26.29 L/yr - ₹100 L/yr

Chief General Manager Salary

(3 salaries)

₹51 L/yr - ₹70 L/yr

Salary related reviews for Reserve Bank of India

5.0

Rated by 3 employees for salary & benefits

Manager in Hyderabad / Secunderabad

Banking supervision Department

4.0

• posted on 21 Jun 2018

5.0

for Salary and Benefits

Likes

...ur chances of moving up the ladder. It can't get more unprofessional than this. But you get good salary and more importantly, good pension, without anyone asking any inconvenient questions

Salary - Excellent

+5 more

Dislikes

All are amazingly average

Deputy General Manager in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 29 Sep 2019

5.0

for Salary and Benefits

Likes

May be one of the best in public sector in work environment, family and work balance, pay & perks, job satisfaction and learning.

Salary - Excellent

+6 more

Dislikes

Very good institution for job security, career growth, salary, learning, work environment, training etc.

Office Assistant in Kanpur

Full Time

Other Department

5.0

• posted on 24 Feb 2024

5.0

for Salary and Benefits

Likes

...at Reserve Bank of India is a huge responsibility, no matter what your position. The Bank offers excellent pay and perks, work life balance and opportunities to grow. It pays for your certifications and encourages you to take part in trainings and upskill continuously. The promotion policies are designed in a manner to ensure fast growth in the hierarchical ladder. The work culture is pretty decent and office timings are strict( the only con) . WFH is not available as it is a government organization but they are working on that too.

Salary - Excellent

+6 more

Dislikes

Nothing. It's a dream come true! Working hours are strict, but then, that is expected from a respected government organization.

Security Officer (grade-A) in Patna

Full Time

Security Services Department

4.0

• posted on 03 Oct 2023

4.0

for Salary and Benefits

Likes

RBI gives you work life balance along with good pay and perks. 5 days week working.

Salary - Good

+3 more

Dislikes

Security officer's job is monotonous as it involves viewing of cctvs and preparing logs for the same ,especially in grade-A. Promotion aspects in security cadre (grade-A) near about nill,as one has to remain in Assistant manager grade for decade or more. Bossism and arrogance are the basic problems in higher grades,as usual. Though it may be used as a launch pad,in job market as RBI is a brand in itself.

Promotions - Bad

+2 more

Deputy General Manager And Deputy Ombudsman in Chandigarh

Full Time

Finance & Accounting Department

5.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

What I liked about working in RBI was not only the job security but the salary and perks provided to me during my stay in the bank. It also offered work-life balance and provided exposure to monetary policy formulation and working of different segments of money, g-sec and forex market. It also provided me an opportunity to understand the working of banks and NBFCs.

Salary - Excellent

+6 more

Dislikes

The organization is great. Work culture and people are good. It is a very reputed organization. I have not disliked anything about RBI.

see more salary related reviews

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Top trending discussions

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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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Reserve Bank of India Manager Salary FAQs

What is the salary of Manager at Reserve Bank of India in Mumbai?

The average salary of a Manager at Reserve Bank of India in Mumbai typically ranges from ₹18.0 Lakhs to ₹46.0 Lakhs per year, depending on experience (from 2 years to 31 years).

The top 10% of Manager in Mumbai at Reserve Bank of India earn more than ₹41.8 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. Manager Salaries at Reserve Bank of India 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 30+ Reserve Bank of India employees in India.

What is the estimated take home salary of a Manager at Reserve Bank of India in Mumbai?

The estimated take-home salary of a Manager at Reserve Bank of India in Mumbai typically ranges from ₹1,99,302 to ₹2,07,177 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹46.0 Lakhs per year for employees with experience ranging from 2 years to 31 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 30+ salaries received from various employees of Reserve Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Manager in companies similar to Reserve Bank of India in Mumbai?

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

Bank of America	₹11.7 Lakhs to ₹37.0 Lakhs per year
IDBI Bank	₹9.1 Lakhs to ₹29.0 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank	₹8.5 Lakhs to ₹25.0 Lakhs per year
Union Bank of India	₹7.0 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 Manager at Reserve Bank of India in Mumbai?

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

Experience	Average Salary Range
2 years	₹28.2 Lakhs to ₹36.1 Lakhs per year
3 years	₹20.0 Lakhs to ₹56.6 Lakhs per year
4 years	₹18.0 Lakhs to ₹42.0 Lakhs per year
5 years	₹13.5 Lakhs to ₹42.0 Lakhs per year

and so on.

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Reserve Bank of India Manager Salaries in Mumbai

Reserve Bank of India Manager salary in Mumbai ranges between ₹18 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Reserve Bank of India latest salaries received from various employees of Reserve Bank of India.