The Saraswat Co-operative Bank Mumbai Branch Manager Salaries by 20+ Employees (Updated 2025)

7 - 14 years exp.

₹4.1 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Branch Manager Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 9 - 14 years exp. (14 salaries)	₹6.5 L/yr - ₹14.9 L/yr
Customer Success, Service & Operations Branch Manager Salary 7 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹15 L/yr
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Finance & Accounting Branch Manager Salary 12 - 13 years exp. (3 salaries)	₹9 L/yr - ₹14 L/yr

Last Updated: 6 Apr 2025

Companies similar to The Saraswat Co-operative Bank for Branch Manager in Mumbai

The Saraswat Co-operative Bank Branch Manager Salary

7 - 14 years exp. (23 salaries)

₹4.1 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 4 - 20 years exp. (227 salaries)	₹6 L/yr - ₹25 L/yr 45% more
Kotak Mahindra Bank Branch Manager Salary 8 - 20 years exp. (142 salaries)	₹10 L/yr - ₹30 L/yr 101% more	1 job opening
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Yes Bank Branch Manager Salary 7 - 19 years exp. (84 salaries)	₹8.3 L/yr - ₹26 L/yr 68% more	20 job openings
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (77 salaries)	₹7.6 L/yr - ₹25 L/yr 66% more	129 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (50 salaries)	₹8 L/yr - ₹30 L/yr 75% more	3 job openings
RBL Bank Branch Manager Salary 11 - 21 years exp. (47 salaries)	₹11.2 L/yr - ₹28.5 L/yr 118% more
Bandhan Bank Branch Manager Salary 10 - 19 years exp. (23 salaries)	₹5.2 L/yr - ₹21.3 L/yr 28% more	1 job opening
Jana Small Finance Bank Branch Manager Salary 8 - 16 years exp. (16 salaries)	₹6.3 L/yr - ₹17 L/yr 2% more	1 job opening
Union Bank of India Branch Manager Salary 6 - 11 years exp. (11 salaries)	₹8 L/yr - ₹22.5 L/yr 91% more
Utkarsh Small Finance Bank Branch Manager Salary 6 - 17 years exp. (11 salaries)	₹7.3 L/yr - ₹11.8 L/yr 1% more
Nkgsb CO-OP Bank Branch Manager Salary 17 - 22 years exp. (9 salaries)	₹7.5 L/yr - ₹13 L/yr 7% more
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IDBI Bank Branch Manager Salary 9 - 18 years exp. (6 salaries)	₹12 L/yr - ₹32 L/yr 152% more
Canara Bank Branch Manager Salary 6 - 12 years exp. (4 salaries)	₹10 L/yr - ₹18.5 L/yr 54% more
Karnataka Bank Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹11.4 L/yr - ₹16.5 L/yr 52% more
Dhanlaxmi Bank Branch Manager Salary 11 - 21 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 15% more
City Union Bank Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹12.8 L/yr - ₹14 L/yr 46% more	1 job opening

Branch Manager salary at The Saraswat Co-operative Bank ranges between ₹4.1 Lakhs to ₹15 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 23 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Branch Manager in Mumbai

5d ago

₹13 Lakhs

14 years exp.

1mo ago

₹7.8 Lakhs

7 years exp.

2mo ago

₹12 Lakhs

13 years exp.

9mo ago

₹11.1 Lakhs

13 years exp.

1y ago

₹8 Lakhs

10 years exp.

1y ago

12 years exp.

1y ago

13 years exp.

1y ago

10 years exp.

1y ago

14 years exp.

1y ago

12 years exp.

Experience wise The Saraswat Co-operative Bank Branch Manager salaries in Mumbai

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
10 years (6 salaries)	₹4.1 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
12 years (5 salaries)	₹9 L/yr - ₹15 L/yr
13 years (6 salaries)	₹4.1 L/yr - ₹14.9 L/yr
14 years (3 salaries)	₹4.4 L/yr - ₹14 L/yr

View all

Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary

(213 salaries)

₹3.8 L/yr - ₹10.45 L/yr

Chief Manager Salary

(11 salaries)

₹21 L/yr - ₹28 L/yr

Credit Manager Salary

(7 salaries)

₹7 L/yr - ₹11.5 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹5.25 L/yr - ₹7.21 L/yr

Salary related reviews for The Saraswat Co-operative Bank

1.8

Rated by 5 employees for salary & benefits

Deputy Manager in Jalgaon

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

Skill development - Good

+5 more

Dislikes

Salary hike is low as compared to public sector bank.

Assistant Branch Manager in Aurangabad

BFSI, Investments & Trading Department

2.0

• posted on 29 Jun 2021

2.0

for Salary and Benefits

Likes

In this pandemic also we work full time and daily. There is no 50 #staff presenty etc, work culture is very bad, very politics, top mgt don't look at front office staff, HR work is to give salary to staff only, no employees welfare, grooming

Job security - Good

Dislikes

Bogus management, low salary pay comprehensive to work load, mgt expect sales ,cross selling, service and operational work from each staff which is impossible

Salary - Poor

+5 more

Manager in Mumbai

Full Time

Other Department

4.0

• posted on 26 Jul 2024

3.0

for Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

Skill development - Good

+3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

Junior Officer in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 10 Jun 2024

3.0

for Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

Job security - Good

+1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

Business Development Officer in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

Salary - Bad

+6 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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The Saraswat Co-operative Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at The Saraswat Co-operative Bank in Mumbai?

The average salary of a Branch Manager at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹4.1 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Branch Manager in Mumbai at The Saraswat Co-operative Bank earn more than ₹14.9 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Branch Manager Salaries at The Saraswat Co-operative 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 20+ The Saraswat Co-operative Bank employees in India.

What is the estimated take home salary of a Branch Manager at The Saraswat Co-operative Bank in Mumbai?

The estimated take-home salary of a Branch Manager at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹69,312 to ₹71,092 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 7 years to 14 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 20+ salaries received from various employees of The Saraswat Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Saraswat Co-operative Bank for Branch Manager in India?

IDBI Bank	₹12.0 Lakhs to ₹32.0 Lakhs per year
RBL Bank	₹11.2 Lakhs to ₹28.5 Lakhs per year
Kotak Mahindra Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
Union Bank of India	₹8.0 Lakhs to ₹22.5 Lakhs per year
IDFC FIRST Bank	₹8.0 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to The Saraswat Co-operative Bank in Mumbai?

The salary of a Branch Manager at companies similar to The Saraswat Co-operative Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹8.3 Lakhs to ₹26.0 Lakhs per year
IndusInd Bank	₹7.6 Lakhs to ₹25.0 Lakhs per year
Canara Bank	₹10.0 Lakhs to ₹18.5 Lakhs per year
Karnataka Bank	₹11.4 Lakhs to ₹16.5 Lakhs per year
City Union Bank	₹12.8 Lakhs to ₹14.0 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 Saraswat Co-operative Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
9 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
10 years	₹4.1 Lakhs to ₹10.0 Lakhs per year

and so on.

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The Saraswat Co-operative Bank Branch Manager Salaries in Mumbai

The Saraswat Co-operative Bank Branch Manager salary in Mumbai ranges between ₹4.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.

The Saraswat Co-operative Bank Branch Manager salaries in Mumbai (Updated 2025)

Companies similar to The Saraswat Co-operative Bank for Branch Manager in Mumbai

Latest annual salaries shared by The Saraswat Co-operative Bank Branch Manager in Mumbai

Experience wise The Saraswat Co-operative Bank Branch Manager salaries in Mumbai

Similar Designation salaries in The Saraswat Co-operative Bank

Salary related reviews for The Saraswat Co-operative Bank

Deputy Manager in Jalgaon

Assistant Branch Manager in Aurangabad

Manager in Mumbai

Junior Officer in Nagpur

Business Development Officer in Mumbai

The Saraswat Co-operative Bank Branch Manager Salary FAQs

Tell us how to improve this page.