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The Saraswat Co-operative Bank Operations Manager salaries in India (Updated 2025)

Annual salary range
7 - 13 years exp.
₹7 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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13% less than the average Operations Manager Salary in Banking Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Customer Success, Service & Operations
Operations Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.6 L/yr

Finance & Accounting
Operations Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 12 Feb 2025

Companies similar to The Saraswat Co-operative Bank for Operations Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Operations Manager Salary

0 - 18 years exp. (694 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 19% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (506 salaries)

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₹2.6 L/yr - ₹11 L/yr

arrow icon 28% less
1 job opening
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Axis Bank Operations Manager Salary

1 - 14 years exp. (470 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 23% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (257 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 30% less
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (188 salaries)

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₹2.8 L/yr - ₹11.6 L/yr

arrow icon 23% less
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IndusInd Bank Operations Manager Salary

1 - 12 years exp. (144 salaries)

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₹1.8 L/yr - ₹10.2 L/yr

arrow icon 40% less
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Yes Bank Operations Manager Salary

1 - 16 years exp. (153 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 20% less
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RBL Bank Operations Manager Salary

5 - 13 years exp. (83 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 24% less
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₹1.8 L/yr - ₹8 L/yr

arrow icon 59% less
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Bandhan Bank Operations Manager Salary

3 - 12 years exp. (52 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 37% less
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₹2.8 L/yr - ₹10 L/yr

arrow icon 48% less
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₹8.5 L/yr - ₹19.2 L/yr

arrow icon 62% more
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IDBI Bank Operations Manager Salary

6 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 55% more
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₹2.5 L/yr - ₹8.2 L/yr

arrow icon 41% less
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Federal Bank Operations Manager Salary

3 - 12 years exp. (10 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 30% more
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Paytm Payments Bank Operations Manager Salary

3 - 11 years exp. (10 salaries)

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₹3.9 L/yr - ₹13 L/yr

arrow icon 16% less
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Karur Vysya Bank Operations Manager Salary

1 - 11 years exp. (11 salaries)

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₹2.7 L/yr - ₹9.1 L/yr

arrow icon 48% less
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City Union Bank Operations Manager Salary

2 - 6 years exp. (7 salaries)

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₹4.8 L/yr - ₹9.5 L/yr

arrow icon 40% less
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Mashreq Bank Operations Manager Salary

4 - 17 years exp. (6 salaries)

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₹9.7 L/yr - ₹25.6 L/yr

arrow icon 75% more
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Canara Bank Operations Manager Salary

12 - 15 years exp. (10 salaries)

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₹25 L/yr - ₹54 L/yr

arrow icon 260% more
View all
Operations Manager salary at The Saraswat Co-operative Bank ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Operations Manager

1mo ago
₹10.5 Lakhs
13 years exp.
1mo ago
₹12 Lakhs
12 years exp.
1mo ago
₹7 Lakhs
10 years exp.
6mo ago
₹11 Lakhs
10 years exp.
1y ago
₹10.4 Lakhs
10 years exp.

Experience wise The Saraswat Co-operative Bank Operations Manager salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
10 years  (3 salaries)

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₹7 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.7 L/yr
View all

Similar Designation salaries in The Saraswat Co-operative Bank

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₹6.5 L/yr - ₹9.68 L/yr
Team Manager Salary
(3 salaries)
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₹10 L/yr - ₹25 L/yr
Branch Manager Salary
(65 salaries)
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₹4.82 L/yr - ₹17.8 L/yr
Deputy Manager Salary
(368 salaries)
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₹3.8 L/yr - ₹11 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹10.2 L/yr - ₹13 L/yr
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₹3.95 L/yr - ₹4.5 L/yr
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₹13.2 L/yr - ₹23 L/yr
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₹4.5 L/yr - ₹8.4 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.4 L/yr
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₹8 L/yr - ₹10 L/yr

Salary related reviews for The Saraswat Co-operative Bank

2.5

Rated by 4 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is low as compared to public sector bank.

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.

read more
  • 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.

read more

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.

read more
  • 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.

read more

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Dec 2023

1.0
 for  Salary and Benefits

Likes

Nothing special...

Dislikes

...ty Politics Unorganized and Toxic Work Culture Favouritism No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing..

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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The Saraswat Co-operative Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at The Saraswat Co-operative Bank ?
The average salary of a Operations Manager at The Saraswat Co-operative Bank in India typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Operations Manager at The Saraswat Co-operative Bank earn more than ₹11.9 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Operations 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 Operations Manager at The Saraswat Co-operative Bank in India?
The estimated take-home salary of a Operations Manager at The Saraswat Co-operative Bank in India typically ranges from ₹69,263 to ₹71,042 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 7 years to 13 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 Operations Manager in India?
Canara Bank ₹25.0 Lakhs to ₹54.0 Lakhs per year
Mashreq Bank ₹9.7 Lakhs to ₹25.6 Lakhs per year
HSBC Global Banking and Markets ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India ₹10.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹23.0 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 Operations Manager in companies similar to The Saraswat Co-operative Bank in India?
The salary of a Operations Manager at companies similar to The Saraswat Co-operative Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karnataka Bank ₹5.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank ₹5.0 Lakhs to ₹16.0 Lakhs per year
South Indian Bank ₹9.9 Lakhs to ₹13.0 Lakhs per year
Central Bank of India ₹10.0 Lakhs to ₹12.0 Lakhs per year
Dhanlaxmi Bank ₹4.5 Lakhs to ₹15.0 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 Operations Manager at The Saraswat Co-operative Bank in India?
The salary growth for a Operations Manager at The Saraswat Co-operative Bank depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at The Saraswat Co-operative Bank:

Experience Average Salary Range
7 years ₹3.1 Lakhs to ₹8.0 Lakhs per year
8 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
9 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
10 years ₹7.0 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

The Saraswat Co-operative Bank Operations Manager salary in India ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.