The Saraswat Co-operative Bank Ahmedabad Manager Salaries by 6 Employees

5 - 10 years exp.

₹8.5 Lakhs - ₹10.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Manager Salary in Banking Companies for 5 - 10 years of experience

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Last Updated: 5 Oct 2024

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

The Saraswat Co-operative Bank Manager Salary

5 - 10 years exp. (6 salaries)

₹8.5 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Manager Salary 0 - 14 years exp. (196 salaries)	₹3.8 L/yr - ₹12 L/yr 24% less
ICICI Bank Manager Salary 0 - 17 years exp. (100 salaries)	₹6 L/yr - ₹18 L/yr 15% more
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Yes Bank Manager Salary 0 - 16 years exp. (71 salaries)	₹4.5 L/yr - ₹12.2 L/yr 14% less
IDFC FIRST Bank Manager Salary 1 - 12 years exp. (49 salaries)	₹4.7 L/yr - ₹11.5 L/yr 20% less
IDBI Bank Manager Salary 7 - 15 years exp. (16 salaries)	₹11.9 L/yr - ₹22 L/yr 85% more
South Indian Bank Manager Salary 7 - 12 years exp. (10 salaries)	₹10 L/yr - ₹21 L/yr 62% more
Jana Small Finance Bank Manager Salary 4 - 12 years exp. (8 salaries)	₹3.4 L/yr - ₹9 L/yr 38% less
Shinhan Bank Manager Salary 7 - 10 years exp. (8 salaries)	₹6 L/yr - ₹8.9 L/yr 23% less

Manager salary at The Saraswat Co-operative Bank ranges between ₹8.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of The Saraswat Co-operative Bank.

Experience wise The Saraswat Co-operative Bank Manager salaries in Ahmedabad

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
8 years (3 salaries)	₹8.9 L/yr - ₹18.7 L/yr
9 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

View all

Similar Designation salaries in The Saraswat Co-operative Bank

Credit Manager Salary

(3 salaries)

₹8.41 L/yr - ₹9.83 L/yr

Salary related reviews for The Saraswat Co-operative Bank

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.

Manager

BFSI, Investments & Trading Department

3.0

• posted on 25 Oct 2019

2.0

for Salary and Benefits

Likes

PEOPLE WITH WHOM I WORK AT BRANCH FOUND VERY GOOD EXCEPT MANAGEMENT POLICY TWARD THE MONETORY BENIFIT TO THE STAFF EVERYTHING IS GOOD .

Job security - Good

Dislikes

NO WORK TO LIFE BALANCE , VERY POOR TRANSFER POLICY AT JOB LOCATION .VERY LOW GROWTH IN SALARY PER YEAR , HEAVY PRESSURE IN SELLING THIRD PARTY PRODUCT OTHER THAN OWN PRODUCTS

Salary - Poor

+1 more

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.

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

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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 Saraswat Co-operative Bank Manager Salary FAQs

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

The average salary of a Manager at The Saraswat Co-operative Bank in Ahmedabad typically ranges from ₹8.5 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Manager in Ahmedabad at The Saraswat Co-operative Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 6 The Saraswat Co-operative Bank employees in India.

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

The estimated take-home salary of a Manager at The Saraswat Co-operative Bank in Ahmedabad typically ranges from ₹74,155 to ₹76,072 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 5 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 6 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 Manager in India?

IDBI Bank	₹11.9 Lakhs to ₹22.0 Lakhs per year
South Indian Bank	₹10.0 Lakhs to ₹21.0 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹18.0 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 Manager in companies similar to The Saraswat Co-operative Bank in Ahmedabad?

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

Yes Bank	₹4.5 Lakhs to ₹12.2 Lakhs per year
IDFC FIRST Bank	₹4.7 Lakhs to ₹11.5 Lakhs per year
Shinhan Bank	₹6.0 Lakhs to ₹8.9 Lakhs per year
Kotak Mahindra Bank	₹3.8 Lakhs to ₹12.0 Lakhs per year
Jana Small Finance Bank	₹3.4 Lakhs to ₹9.0 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 Manager at The Saraswat Co-operative Bank in Ahmedabad?

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

Experience	Average Salary Range
5 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
6 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
7 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
8 years	₹8.9 Lakhs to ₹18.7 Lakhs per year

and so on.

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The Saraswat Co-operative Bank Manager Salaries in Ahmedabad

The Saraswat Co-operative Bank Manager salary in Ahmedabad ranges between ₹8.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.