the Nainital Bank Branch Manager Salaries by 10+ Employees

2 - 9 years exp.

₹7.5 Lakhs - ₹14 Lakhs

Salary of majority employees

18% more than the average Branch Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 2 - 9 years exp. (11 salaries)	₹7.5 L/yr - ₹11.5 L/yr
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Finance & Accounting Branch Manager Salary 3 - 8 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr

Last Updated: 30 Sep 2024

Companies similar to the Nainital Bank for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Karnataka Bank Branch Manager Salary 4 - 12 years exp. (50 salaries)	₹6 L/yr - ₹18 L/yr 17% more
Karur Vysya Bank Branch Manager Salary 6 - 13 years exp. (123 salaries)	₹7 L/yr - ₹19 L/yr 20% more
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South Indian Bank Branch Manager Salary 9 - 14 years exp. (50 salaries)	₹7 L/yr - ₹19 L/yr 36% more
Federal Bank Branch Manager Salary 5 - 12 years exp. (47 salaries)	₹8.2 L/yr - ₹22 L/yr 20% more
City Union Bank Branch Manager Salary 5 - 18 years exp. (236 salaries)	₹7.5 L/yr - ₹19 L/yr 27% more
Tamilnad Mercantile Bank Branch Manager Salary 10 - 12 years exp. (14 salaries)	₹11.5 L/yr - ₹17.5 L/yr 33% more
Dhanlaxmi Bank Branch Manager Salary 10 - 21 years exp. (22 salaries)	₹7 L/yr - ₹17 L/yr 12% more
CSB Bank Branch Manager Salary 7 - 19 years exp. (452 salaries)	₹6 L/yr - ₹18 L/yr 6% more	1 job opening
DBS Bank Branch Manager Salary 7 - 18 years exp. (177 salaries)	₹5.2 L/yr - ₹20 L/yr 18% more	1 job opening
J&K Bank Branch Manager Salary 10 - 14 years exp. (7 salaries)	₹11 L/yr - ₹20 L/yr 32% more
Swastika Investmart Branch Manager Salary 4 - 15 years exp. (26 salaries)	₹2.5 L/yr - ₹5.6 L/yr 59% less
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Sammaan Capital Limited Branch Manager Salary 5 - 15 years exp. (21 salaries)	₹4.3 L/yr - ₹7 L/yr 46% less
Axis Mutual Fund Branch Manager Salary 7 - 12 years exp. (7 salaries)	₹9 L/yr - ₹11.1 L/yr 8% less
Kotak Mahindra General Insurance Branch Manager Salary 7 - 15 years exp. (6 salaries)	₹6.5 L/yr - ₹8.3 L/yr 33% less
Butterfly Gandhimathi Appliances Branch Manager Salary 14 - 23 years exp. (6 salaries)	₹6.5 L/yr - ₹21 L/yr 30% more
Reliance Home Finance Branch Manager Salary 5 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹11 L/yr 10% less
WorkStore Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹12.6 L/yr - ₹16.1 L/yr 29% more
Paytm Payments Bank Branch Manager Salary 7 - 9 years exp. (3 salaries)	₹10 L/yr - ₹15.2 L/yr 8% more

Branch Manager salary at the Nainital Bank ranges between ₹7.5 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 19 latest salaries received from various employees of the Nainital Bank.

Experience wise the Nainital Bank Branch Manager salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18.5 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.8 L/yr
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4 years (AmbitionBox Estimate)	₹8 L/yr - ₹19.1 L/yr
5 years (3 salaries)	₹9.5 L/yr - ₹13 L/yr
6 years (3 salaries)	₹9.3 L/yr - ₹19.7 L/yr
7 years (5 salaries)	₹10.1 L/yr - ₹14 L/yr
8 years (3 salaries)	₹4.5 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20.5 L/yr

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Similar Designation salaries in the Nainital Bank

Credit Manager Salary

(5 salaries)

₹9 L/yr - ₹11 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Branch Head Salary

(7 salaries)

₹11 L/yr - ₹16 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Operations Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for the Nainital Bank

2.6

Rated by 4 employees for salary & benefits

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

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.

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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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the Nainital Bank Branch Manager Salary FAQs

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

The average salary of a Branch Manager at the Nainital Bank in India typically ranges from ₹7.5 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Branch Manager at the Nainital Bank earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Branch 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 10+ the Nainital Bank employees in India.

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

The estimated take-home salary of a Branch Manager at the Nainital Bank in India typically ranges from ₹77,665 to ₹79,681 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 10+ 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 Branch Manager in India?

South Indian Bank	₹7.0 Lakhs to ₹19.0 Lakhs per year
Tamilnad Mercantile Bank	₹11.5 Lakhs to ₹17.5 Lakhs per year
J&K Bank	₹11.0 Lakhs to ₹20.0 Lakhs per year
Butterfly Gandhimathi Appliances	₹6.5 Lakhs to ₹21.0 Lakhs per year
WorkStore	₹12.6 Lakhs to ₹16.1 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 Branch Manager in companies similar to the Nainital Bank in India?

The salary of a Branch 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:

City Union Bank	₹7.5 Lakhs to ₹19.0 Lakhs per year
Karur Vysya Bank	₹7.0 Lakhs to ₹19.0 Lakhs per year
Federal Bank	₹8.2 Lakhs to ₹22.0 Lakhs per year
DBS Bank	₹5.2 Lakhs to ₹20.0 Lakhs per year
Karnataka Bank	₹6.0 Lakhs to ₹18.0 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 Branch Manager at the Nainital Bank in India?

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

Experience	Average Salary Range
2 years	₹9.6 Lakhs to ₹18.5 Lakhs per year
3 years	₹8.0 Lakhs to ₹18.8 Lakhs per year
4 years	₹8.0 Lakhs to ₹19.1 Lakhs per year
5 years	₹9.5 Lakhs to ₹13.0 Lakhs per year

and so on.

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the Nainital Bank Branch Manager Salaries

the Nainital Bank Branch Manager salary in India ranges between ₹7.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 the Nainital Bank latest salaries received from various employees of the Nainital Bank.