the Nainital Bank Assistant Manager Salaries by 9 Employees

4 - 10 years exp.

₹8.4 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Assistant Manager Salary in Financial Services Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 4 - 10 years exp. (4 salaries)	₹8.4 L/yr - ₹10 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹10 L/yr
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Finance & Accounting Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8.6 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
Kotak Mahindra General Insurance Assistant Manager Salary 0 - 8 years exp. (290 salaries)	₹1.3 L/yr - ₹4.8 L/yr 59% less
Sammaan Capital Limited Assistant Manager Salary 5 - 14 years exp. (181 salaries)	₹2.9 L/yr - ₹10.4 L/yr 33% less
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Paytm Payments Bank Assistant Manager Salary 3 - 14 years exp. (117 salaries)	₹5 L/yr - ₹19.7 L/yr 28% more
Dombivli Nagari Sahakari Bank Assistant Manager Salary 2 - 8 years exp. (83 salaries)	₹2.2 L/yr - ₹6 L/yr 50% less
Axis Mutual Fund Assistant Manager Salary 0 - 7 years exp. (58 salaries)	₹3.5 L/yr - ₹8.1 L/yr 34% less
Vishvaraj Environment Assistant Manager Salary 5 - 13 years exp. (57 salaries)	₹6 L/yr - ₹13.8 L/yr 5% more
Shemaroo Entertainment Assistant Manager Salary 2 - 13 years exp. (29 salaries)	₹4.1 L/yr - ₹14 L/yr 3% less
TITAGARH WAGONS Assistant Manager Salary 0 - 6 years exp. (26 salaries)	₹3 L/yr - ₹8.8 L/yr 44% less
JMT Auto Assistant Manager Salary 6 - 19 years exp. (23 salaries)	₹3.1 L/yr - ₹7 L/yr 45% less
Paytm Money Assistant Manager Salary 0 - 17 years exp. (23 salaries)	₹6 L/yr - ₹11.3 L/yr 6% less
Neo Metaliks Assistant Manager Salary 10 - 16 years exp. (22 salaries)	₹4.5 L/yr - ₹11 L/yr 26% less	1 job opening
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Butterfly Gandhimathi Appliances Assistant Manager Salary 2 - 18 years exp. (19 salaries)	₹3.6 L/yr - ₹8.1 L/yr 27% less
Atom Technologies Assistant Manager Salary 4 - 13 years exp. (16 salaries)	₹4.3 L/yr - ₹16 L/yr 17% more
Swastika Investmart Assistant Manager Salary 3 - 6 years exp. (16 salaries)	₹2.2 L/yr - ₹6 L/yr 47% less
WorkStore Assistant Manager Salary 6 - 14 years exp. (10 salaries)	₹4 L/yr - ₹5.7 L/yr 46% less
Maithan Ispat Assistant Manager Salary 11 - 21 years exp. (8 salaries)	₹4.5 L/yr - ₹6 L/yr 40% less
Autolite (India) Assistant Manager Salary 7 - 20 years exp. (7 salaries)	₹4.8 L/yr - ₹7.5 L/yr 39% less
Reliance Home Finance Assistant Manager Salary 3 - 15 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr 49% less
Cords Cable Industries Assistant Manager Salary 4 - 9 years exp. (6 salaries)	₹7.3 L/yr - ₹10 L/yr 16% less
SHARON BIO MEDICINE Assistant Manager Salary 12 - 18 years exp. (6 salaries)	₹6 L/yr - ₹9.8 L/yr 21% less

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Assistant Manager salary at the Nainital Bank ranges between ₹8.4 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 9 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
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹16 L/yr
5 years (4 salaries)	₹8.4 L/yr - ₹10 L/yr
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6 years (3 salaries)	₹8.4 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.8 L/yr

View all

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.

Salary - Good

+5 more

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

Skill development - Bad

+4 more

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.

Job security - Excellent

+1 more

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.

Skill development - Poor

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.

Skill development - Excellent

+2 more

Dislikes

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

Promotions - Bad

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.

Salary - Excellent

+6 more

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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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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the Nainital Bank Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at the Nainital Bank in India typically ranges from ₹8.4 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Assistant Manager at the Nainital Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Assistant Manager Salaries at the Nainital 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 9 the Nainital Bank employees in India.

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 in India typically ranges from ₹65,327 to ₹66,994 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 9 salaries received from various employees of the Nainital Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than the Nainital Bank for Assistant Manager in India?

METRO Global Solutions Center	₹11.0 Lakhs to ₹12.9 Lakhs per year
Paytm Payments Bank	₹5.0 Lakhs to ₹19.7 Lakhs per year
Atom Technologies	₹4.3 Lakhs to ₹16.0 Lakhs per year
Vishvaraj Environment	₹6.0 Lakhs to ₹13.8 Lakhs per year

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

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

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

Shemaroo Entertainment	₹4.1 Lakhs to ₹14.0 Lakhs per year
Paytm Money	₹6.0 Lakhs to ₹11.3 Lakhs per year
Q2 Software	₹7.8 Lakhs to ₹8.0 Lakhs per year
Cords Cable Industries	₹7.3 Lakhs to ₹10.0 Lakhs per year
Keerthi Industries	₹7.0 Lakhs to ₹7.5 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 Assistant Manager at the Nainital Bank in India?

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

Experience	Average Salary Range
4 years	₹8.4 Lakhs to ₹16.0 Lakhs per year
5 years	₹8.4 Lakhs to ₹10.0 Lakhs per year
6 years	₹8.4 Lakhs to ₹10.0 Lakhs per year
7 years	₹8.1 Lakhs to ₹10.4 Lakhs per year

and so on.

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the Nainital Bank Assistant Manager Salaries

the Nainital Bank Assistant Manager salary in India ranges between ₹8.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 the Nainital Bank latest salaries received from various employees of the Nainital Bank.