the Nainital Bank Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹7 Lakhs - ₹10 Lakhs

Salary of majority employees

5% more than the average Assistant Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 6 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹10 L/yr
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Finance & Accounting Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9 L/yr

Last Updated: 23 Apr 2024

Companies similar to the Nainital Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Karnataka Bank Assistant Manager Salary 4 - 12 years exp. (19 salaries)	₹8 L/yr - ₹15 L/yr 27% more
Karur Vysya Bank Assistant Manager Salary 1 - 12 years exp. (538 salaries)	₹5 L/yr - ₹16.3 L/yr 5% more
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South Indian Bank Assistant Manager Salary 2 - 11 years exp. (377 salaries)	₹5 L/yr - ₹16 L/yr 32% more
Federal Bank Assistant Manager Salary 0 - 10 years exp. (560 salaries)	₹6 L/yr - ₹20 L/yr 44% more
City Union Bank Assistant Manager Salary 3 - 11 years exp. (448 salaries)	₹4.2 L/yr - ₹12 L/yr 13% less
Tamilnad Mercantile Bank Assistant Manager Salary 6 - 13 years exp. (133 salaries)	₹5 L/yr - ₹14 L/yr 16% more
Dhanlaxmi Bank Assistant Manager Salary 13 - 18 years exp. (19 salaries)	₹7 L/yr - ₹16 L/yr 43% more
CSB Bank Assistant Manager Salary 0 - 10 years exp. (517 salaries)	₹1.9 L/yr - ₹7.7 L/yr 56% less
DBS Bank Assistant Manager Salary 3 - 10 years exp. (344 salaries)	₹2.5 L/yr - ₹9.2 L/yr 32% less
J&K Bank Assistant Manager Salary 6 - 13 years exp. (11 salaries)	₹8.5 L/yr - ₹13 L/yr 32% more
Kotak Mahindra General Insurance Assistant Manager Salary 1 - 8 years exp. (290 salaries)	₹1.5 L/yr - ₹5 L/yr 58% less
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Sammaan Capital Limited Assistant Manager Salary 4 - 14 years exp. (245 salaries)	₹2.4 L/yr - ₹10.3 L/yr 37% less
Paytm Payments Bank Assistant Manager Salary 4 - 14 years exp. (90 salaries)	₹5.2 L/yr - ₹18.1 L/yr 36% more
Axis Mutual Fund Assistant Manager Salary 0 - 7 years exp. (53 salaries)	₹2.6 L/yr - ₹8 L/yr 31% less
TITAGARH WAGONS Assistant Manager Salary 0 - 8 years exp. (36 salaries)	₹3 L/yr - ₹8.8 L/yr 41% less
Shemaroo Entertainment Assistant Manager Salary 2 - 13 years exp. (31 salaries)	₹4.1 L/yr - ₹14 L/yr 3% less
Neo Metaliks Assistant Manager Salary 9 - 16 years exp. (23 salaries)	₹4.2 L/yr - ₹11 L/yr 27% less	1 job opening
Fermenta Biotech Assistant Manager Salary 7 - 16 years exp. (23 salaries)	₹5.9 L/yr - ₹10 L/yr 6% less
JMT Auto Assistant Manager Salary 6 - 19 years exp. (22 salaries)	₹3.1 L/yr - ₹7 L/yr 41% less
Butterfly Gandhimathi Appliances Assistant Manager Salary 1 - 18 years exp. (20 salaries)	₹3.6 L/yr - ₹8.1 L/yr 29% less

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Assistant Manager salary at the Nainital Bank ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 11 latest salaries received from various employees of the Nainital Bank.

Experience wise the Nainital Bank Assistant Manager salaries

Last Updated: 23 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.5 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.7 L/yr
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4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.8 L/yr
5 years (4 salaries)	₹8.4 L/yr - ₹10 L/yr
6 years (3 salaries)	₹8.4 L/yr - ₹10 L/yr

Similar Designation salaries in the Nainital Bank

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Operations Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Branch Manager Salary

(19 salaries)

₹7.5 L/yr - ₹14 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Salary related reviews for the Nainital Bank

2.9

Rated by 7 employees for salary & benefits

Assistant Manager in Dehradun

Research & Development Department

4.0

• posted on 14 Apr 2018

4.0

for Salary and Benefits

Likes

...AND,HARYANA.HIMANCHAL PRADESH,JAIPUR) Job security is satisfactory as it's a 98.60% subsidiary of Bank of Baroda and one will be getting a handsome salary. Moreover, in the coming years of 2019-2020 there would be ample of opportunity for in respect of promotions because dozens of employees is at the verge of retirement currently. In addition, you will be getting some credit /operational trainings time to time.

Dislikes

Every organization has some pros and cons, so why not Nainital Bank? No doubt, one will definitely feel the pressure of public and If you are a Branch Manager, there will be more pressure of meeting the quarterly targets of deposits and advances. Moreover, you will be responsibile for generating leads for third party products.

Officer in Noida

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

...e bank. Bank is running very well and its presence is in just 5 northern states. salary structure is as per IBA norms.

Dislikes

Too much pressure on staff .. no job security.. everyday a new threat from management.. undhe pressure of work without sufficient staff and infrastructure. No-one is there to listen you but many superior are there to harras you

Associate Vice President in Haldwani

Strategic & Top Management Department

4.0

• posted on 17 Feb 2019

3.0

for Salary and Benefits

Likes

...d not able to compete with other banks due to non upgradation of technology .Salary is based on IBA agreement, no such pressure of work. Learning opportunity is limited. No such travels . BOB is holding 99 % shares and Chairman and COO are on deputation which hampers working, change of frequent policies.

Dislikes

Chairman and COO are from BOB and governed by service conditions of BOB ,hence not accountable for working in Nainital Bank . Bank was established in 1922 and total business is app 10000 crore. It is implications of deputation.

Branch Manager in Nainital

BFSI, Investments & Trading Department

3.0

• posted on 31 May 2022

3.0

for Salary and Benefits

Likes

Job security is Good but there is no career growth , you may struggle 10 years to get a single promotion. No fastrack promotion. Nothing.

Dislikes

No Fastrack Promotions , No favourable postings . No career growth . No appreciation for good Work.

Associate Vice President in Nainital

Other Department

5.0

• posted on 11 Aug 2021

5.0

for Salary and Benefits

Likes

Since bank is an associate of Bank of Baroda, it has mixed work culture of the both bank. Relations between management, superiors, peers and subordinates are excellent. Salaries are same as in nationalised bank.

Dislikes

Small bank but a beautiful bank. Bank is expanding very fast and the prospect of carrer growth is good

see more salary related reviews

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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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the Nainital Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at the Nainital Bank?

Assistant Manager salary at the Nainital Bank in India ranges between ₹7.0 Lakhs to ₹10.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 5% more than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of the Nainital Bank India.

How does the salary of a Assistant Manager at the Nainital Bank India compare with the average salary range for this job?

The average salary of a Assistant Manager at the Nainital Bank is 5% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than the Nainital Bank to a Assistant Manager in India?

Federal Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Dhanlaxmi Bank Assistant Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
METRO Global Solutions Center Assistant Manager Salary - ₹11.0 Lakhs to ₹12.9 Lakhs per year
Paytm Payments Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to the Nainital Bank in India?

J&K Bank Assistant Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
Karnataka Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Tamilnad Mercantile Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Karur Vysya Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹16.3 Lakhs per year
Shemaroo Entertainment Assistant Manager Salary - ₹4.1 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at the Nainital Bank in India?

The estimated take-home salary of a Assistant Manager at the Nainital Bank ranges between ₹64,218 per month to ₹65,855 per month in India. The take-home salary calculation is based on the average the Nainital Bank Assistant Manager salary in India which ranges between ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at the Nainital Bank?

According to AmbitionBox, 67% of the the Nainital Bank Assistant Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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the Nainital Bank Assistant Manager Salaries

the Nainital Bank Assistant Manager salary in India ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 the Nainital Bank latest salaries received from various employees of the Nainital Bank.