the Nainital Bank Sales Manager Salaries by Employees (Updated 2024)

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₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 4 Jul 2024

Companies similar to the Nainital Bank for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Sales Manager Salary 6 - 11 years exp. (22 salaries)	₹4.5 L/yr - ₹10 L/yr 36% less
South Indian Bank Sales Manager Salary 3 - 8 years exp. (8 salaries)	₹9.2 L/yr - ₹13 L/yr 7% more
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Federal Bank Sales Manager Salary 3 - 16 years exp. (12 salaries)	₹4.5 L/yr - ₹6.6 L/yr 52% less
CSB Bank Sales Manager Salary 4 - 12 years exp. (49 salaries)	₹3.6 L/yr - ₹9.8 L/yr 37% less
DBS Bank Sales Manager Salary 5 - 11 years exp. (20 salaries)	₹2.2 L/yr - ₹8.8 L/yr 51% less	2 job openings
Sammaan Capital Limited Sales Manager Salary 4 - 11 years exp. (266 salaries)	₹2 L/yr - ₹7.2 L/yr 51% less	7 job openings
Paytm Payments Bank Sales Manager Salary 0 - 9 years exp. (37 salaries)	₹1.8 L/yr - ₹5.5 L/yr 64% less
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Butterfly Gandhimathi Appliances Sales Manager Salary 2 - 18 years exp. (8 salaries)	₹2.5 L/yr - ₹10 L/yr 36% less
Reliance Home Finance Sales Manager Salary 1 - 11 years exp. (6 salaries)	₹3.5 L/yr - ₹5.3 L/yr 52% less
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WorkStore Sales Manager Salary 3 - 7 years exp. (5 salaries)	₹5.9 L/yr - ₹8.4 L/yr 24% less
Wepsol Sales Manager Salary 4 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹10 L/yr 37% less
Paytm Money Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 60% less
Batliboi Sales Manager Salary 5 - 16 years exp. (3 salaries)	₹10.1 L/yr - ₹12.4 L/yr 6% more

Sales Manager salary at the Nainital Bank ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of the Nainital Bank.

Similar Designation salaries in the Nainital Bank

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

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for the Nainital Bank

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

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.

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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the Nainital Bank Sales Manager Salary FAQs

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

According to AmbitionBox, 100% of the the Nainital Bank Sales Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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the Nainital Bank Sales Manager Salaries

the Nainital Bank Sales Manager salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs. This is an estimate based on latest salaries received from employees of the Nainital Bank.