the Nainital Bank Senior Manager Salaries by 5 Employees (Updated 2025)

8 - 19 years exp.

₹13 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Senior Manager Salary in Financial Services Companies for 8 - 19 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹21 L/yr
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Risk Management & Compliance Senior Manager Salary 19 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 13 Feb 2025

Companies similar to the Nainital Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Karnataka Bank Senior Manager Salary 7 - 17 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 5% more
Karur Vysya Bank Senior Manager Salary 9 - 23 years exp. (121 salaries)	₹10.5 L/yr - ₹26 L/yr 1% more
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South Indian Bank Senior Manager Salary 9 - 16 years exp. (90 salaries)	₹10 L/yr - ₹24.5 L/yr 11% more
Federal Bank Senior Manager Salary 6 - 15 years exp. (189 salaries)	₹10 L/yr - ₹30 L/yr 36% more
City Union Bank Senior Manager Salary 3 - 19 years exp. (17 salaries)	₹15 L/yr - ₹23 L/yr 3% more
Tamilnad Mercantile Bank Senior Manager Salary 12 - 29 years exp. (13 salaries)	₹9.7 L/yr - ₹19 L/yr 1% less
Dhanlaxmi Bank Senior Manager Salary 8 - 18 years exp. (5 salaries)	₹5.4 L/yr - ₹18 L/yr 36% less
CSB Bank Senior Manager Salary 5 - 15 years exp. (188 salaries)	₹5 L/yr - ₹17 L/yr 46% less
DBS Bank Senior Manager Salary 9 - 18 years exp. (124 salaries)	₹7 L/yr - ₹28.7 L/yr 2% less
J&K Bank Senior Manager Salary 4 - 17 years exp. (4 salaries)	₹18.8 L/yr - ₹22.5 L/yr 22% more
Sammaan Capital Limited Senior Manager Salary 5 - 17 years exp. (73 salaries)	₹6.6 L/yr - ₹17 L/yr 37% less
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Kotak Mahindra General Insurance Senior Manager Salary 6 - 16 years exp. (46 salaries)	₹6.7 L/yr - ₹13.4 L/yr 39% less
Paytm Payments Bank Senior Manager Salary 7 - 17 years exp. (48 salaries)	₹13.8 L/yr - ₹40 L/yr 32% more
Silicon Valley Bank Senior Manager Salary 9 - 18 years exp. (32 salaries)	₹28 L/yr - ₹62 L/yr 166% more
Shemaroo Entertainment Senior Manager Salary 6 - 18 years exp. (20 salaries)	₹10 L/yr - ₹25 L/yr 26% more
Axis Mutual Fund Senior Manager Salary 5 - 17 years exp. (17 salaries)	₹11.8 L/yr - ₹30 L/yr 23% more
TITAGARH WAGONS Senior Manager Salary 11 - 16 years exp. (13 salaries)	₹9.1 L/yr - ₹22 L/yr 17% less
Reliance Home Finance Senior Manager Salary 9 - 15 years exp. (10 salaries)	₹7.5 L/yr - ₹22 L/yr 24% less
Neo Metaliks Senior Manager Salary 12 - 25 years exp. (6 salaries)	₹15 L/yr - ₹25 L/yr 7% more
METRO Global Solutions Center Senior Manager Salary 12 - 22 years exp. (5 salaries)	₹23 L/yr - ₹25.2 L/yr 38% more

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Senior Manager salary at the Nainital Bank ranges between ₹13 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of the Nainital Bank.

Experience wise the Nainital Bank Senior Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹25.6 L/yr
9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
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10 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
11 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
12 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
13 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
14 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹21 L/yr
15+ years (3 salaries)	₹18 L/yr - ₹20 L/yr

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Similar Designation salaries in the Nainital Bank

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

Branch Manager Salary

(19 salaries)

₹7.5 L/yr - ₹14 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

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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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the Nainital Bank Senior Manager Salary FAQs

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

Senior Manager salary at the Nainital Bank in India ranges between ₹13.0 Lakhs to ₹21.0 Lakhs for experience between 8 years to 19 years. According to our estimates it is 19% less than the average Senior Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of the Nainital Bank India.

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

The average salary of a Senior Manager at the Nainital Bank is 19% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Q2 Software Senior Manager Salary - ₹49.0 Lakhs to ₹95.0 Lakhs per year
Silicon Valley Bank Senior Manager Salary - ₹28.0 Lakhs to ₹62.0 Lakhs per year
WorkStore Senior Manager Salary - ₹12.7 Lakhs to ₹33.0 Lakhs per year
METRO Global Solutions Center Senior Manager Salary - ₹23.0 Lakhs to ₹25.2 Lakhs per year
Federal Bank Senior Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year

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

Paytm Payments Bank Senior Manager Salary - ₹13.8 Lakhs to ₹40.0 Lakhs per year
Shemaroo Entertainment Senior Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Axis Mutual Fund Senior Manager Salary - ₹11.8 Lakhs to ₹30.0 Lakhs per year
J&K Bank Senior Manager Salary - ₹18.8 Lakhs to ₹22.5 Lakhs per year
South Indian Bank Senior Manager Salary - ₹10.0 Lakhs to ₹24.5 Lakhs per year

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

The estimated take-home salary of a Senior Manager at the Nainital Bank ranges between ₹1,17,673 per month to ₹1,20,966 per month in India. The take-home salary calculation is based on the average the Nainital Bank Senior Manager salary in India which ranges between ₹13.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 8 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the the Nainital Bank Senior Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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the Nainital Bank Senior Manager Salaries

the Nainital Bank Senior Manager salary in India ranges between ₹13 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 the Nainital Bank latest salaries received from various employees of the Nainital Bank.