The Saraswat Co-operative Bank Mumbai Manager Salaries by 90+ Employees (Updated 2025)

5 - 17 years exp.

₹6 Lakhs - ₹18.7 Lakhs

Salary of majority employees

33% less than the average Manager Salary in Banking Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 15 years exp. (25 salaries)	₹7.5 L/yr - ₹15 L/yr
Finance & Accounting Manager Salary 5 - 16 years exp. (21 salaries)	₹6 L/yr - ₹18.7 L/yr
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Customer Success, Service & Operations Manager Salary 8 - 14 years exp. (5 salaries)	₹7.6 L/yr - ₹11 L/yr
IT & Information Security Manager Salary 8 - 16 years exp. (5 salaries)	₹8.5 L/yr - ₹14 L/yr
Product Management Manager Salary 11 - 13 years exp. (4 salaries)	₹9.5 L/yr - ₹18 L/yr

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Last Updated: 20 Feb 2025

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

The Saraswat Co-operative Bank Manager Salary

5 - 17 years exp. (94 salaries)

₹6 L/yr - ₹18.7 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (93 salaries)	₹12 L/yr - ₹40 L/yr 121% more
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹15.4 L/yr 11% less
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ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹18.6 L/yr 12% more
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹18 L/yr 7% less	2 job openings
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹12.8 L/yr 27% less
Yes Bank Manager Salary 0 - 17 years exp. (910 salaries)	₹4.3 L/yr - ₹15.8 L/yr 18% less
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (497 salaries)	₹3.7 L/yr - ₹15 L/yr 22% less
Punjab National Bank Manager Salary 3 - 11 years exp. (16 salaries)	₹7.2 L/yr - ₹22 L/yr 37% more
Bank of Baroda Manager Salary 5 - 14 years exp. (54 salaries)	₹8.9 L/yr - ₹25 L/yr 58% more
Canara Bank Manager Salary 5 - 14 years exp. (53 salaries)	₹8.5 L/yr - ₹25 L/yr 51% more
IndusInd Bank Manager Salary 0 - 16 years exp. (630 salaries)	₹3 L/yr - ₹13.5 L/yr 31% less
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RBL Bank Manager Salary 1 - 16 years exp. (299 salaries)	₹4.2 L/yr - ₹15.7 L/yr 19% less
IDBI Bank Manager Salary 6 - 17 years exp. (185 salaries)	₹9.2 L/yr - ₹29 L/yr 76% more
Federal Bank Manager Salary 3 - 13 years exp. (57 salaries)	₹9 L/yr - ₹23 L/yr 61% more
Union Bank of India Manager Salary 5 - 13 years exp. (53 salaries)	₹7 L/yr - ₹25 L/yr 42% more
Bandhan Bank Manager Salary 4 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 24% less
SVC Co-Operative Bank Manager Salary 7 - 18 years exp. (27 salaries)	₹9.6 L/yr - ₹19 L/yr 29% more
South Indian Bank Manager Salary 6 - 13 years exp. (25 salaries)	₹9 L/yr - ₹25 L/yr 56% more
Jana Small Finance Bank Manager Salary 4 - 12 years exp. (19 salaries)	₹3.9 L/yr - ₹8.4 L/yr 40% less
Utkarsh Small Finance Bank Manager Salary 7 - 17 years exp. (18 salaries)	₹6.3 L/yr - ₹11.5 L/yr 13% less

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Manager salary at The Saraswat Co-operative Bank ranges between ₹6 Lakhs to ₹18.7 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 94 latest salaries received from various employees of The Saraswat Co-operative Bank.

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

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
5 years (4 salaries)	₹10 L/yr - ₹19.6 L/yr
6 years (5 salaries)	₹7 L/yr - ₹11 L/yr
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7 years (8 salaries)	₹9 L/yr - ₹15 L/yr
8 years (5 salaries)	₹7.6 L/yr - ₹14 L/yr
9 years (10 salaries)	₹7 L/yr - ₹16 L/yr
10 years (12 salaries)	₹7.5 L/yr - ₹18.7 L/yr
11 years (10 salaries)	₹7 L/yr - ₹14 L/yr
12 years (15 salaries)	₹8.5 L/yr - ₹18 L/yr
13 years (11 salaries)	₹9 L/yr - ₹18 L/yr
14 years (6 salaries)	₹6 L/yr - ₹12 L/yr
15+ years (8 salaries)	₹10 L/yr - ₹12 L/yr

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Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary

(218 salaries)

₹3.8 L/yr - ₹11 L/yr

Management Trainee Salary

(9 salaries)

₹1.5 L/yr - ₹2 L/yr

Credit Manager Salary

(7 salaries)

₹7 L/yr - ₹11.5 L/yr

Salary related reviews for The Saraswat Co-operative Bank

3.1

Rated by 4 employees for salary & benefits

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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The Saraswat Co-operative Bank Manager Salary FAQs

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

Manager salary at The Saraswat Co-operative Bank in Mumbai ranges between ₹6.0 Lakhs to ₹18.7 Lakhs for experience between 5 years to 17 years. According to our estimates it is 33% less than the average Manager Salary in India. Salary estimates are based on 94 latest salaries received from various employees of The Saraswat Co-operative Bank Mumbai.

How does the salary of a Manager at The Saraswat Co-operative Bank Mumbai compare with the average salary range for this job?

The average salary of a Manager at The Saraswat Co-operative Bank is 33% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than The Saraswat Co-operative Bank to a Manager in Mumbai?

State Bank of India Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
IDBI Bank Manager Salary - ₹9.2 Lakhs to ₹29.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Bank of Baroda Manager Salary - ₹8.9 Lakhs to ₹25.0 Lakhs per year

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

South Indian Bank Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Punjab National Bank Manager Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹20.4 Lakhs per year

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

The estimated take-home salary of a Manager at The Saraswat Co-operative Bank ranges between ₹79,129 per month to ₹81,187 per month in Mumbai. The take-home salary calculation is based on the average The Saraswat Co-operative Bank Manager salary in India which ranges between ₹6.0 Lakhs to ₹18.7 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Manager at The Saraswat Co-operative Bank in Mumbai?

According to AmbitionBox, 69% of the The Saraswat Co-operative Bank Managers in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Manager Salaries in Mumbai

The Saraswat Co-operative Bank Manager salary in Mumbai ranges between ₹6 Lakhs to ₹18.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 94 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.