The Saraswat Co-operative Bank Operations Manager Salaries by 6 Employees (Updated 2025)

7 - 13 years exp.

₹7 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

12% 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)	₹6.3 L/yr - ₹7.7 L/yr
Customer Success, Service & Operations Operations Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr
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Finance & Accounting Operations Manager Salary 7 years exp. (AmbitionBox Estimate)	₹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
SVC Co-Operative Bank Operations Manager Salary 5 - 13 years exp. (3 salaries)	₹3.8 L/yr - ₹8.1 L/yr 44% less
The Cosmos Co-operative Bank Operations Manager Salary 5 - 10 years exp. (3 salaries)	₹4.2 L/yr - ₹9 L/yr 39% less
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HDFC Bank Operations Manager Salary 0 - 18 years exp. (705 salaries)	₹3 L/yr - ₹12.5 L/yr 19% less
ICICI Bank Operations Manager Salary 0 - 13 years exp. (498 salaries)	₹2.6 L/yr - ₹11.5 L/yr 29% less
Axis Bank Operations Manager Salary 3 - 14 years exp. (473 salaries)	₹2.8 L/yr - ₹12.5 L/yr 20% less
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (255 salaries)	₹2.6 L/yr - ₹10 L/yr 30% less
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (243 salaries)	₹2.8 L/yr - ₹11.1 L/yr 26% less
Yes Bank Operations Manager Salary 1 - 16 years exp. (153 salaries)	₹3 L/yr - ₹13 L/yr 18% less
IndusInd Bank Operations Manager Salary 1 - 14 years exp. (162 salaries)	₹2 L/yr - ₹10 L/yr 38% less
RBL Bank Operations Manager Salary 5 - 13 years exp. (85 salaries)	₹3.8 L/yr - ₹12 L/yr 25% less
Jana Small Finance Bank Operations Manager Salary 1 - 10 years exp. (79 salaries)	₹1.8 L/yr - ₹8 L/yr 59% less
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Ujjivan Small Finance Bank Operations Manager Salary 3 - 12 years exp. (47 salaries)	₹2.8 L/yr - ₹10 L/yr 48% less	1 job opening
Bandhan Bank Operations Manager Salary 3 - 12 years exp. (55 salaries)	₹2.5 L/yr - ₹10.1 L/yr 36% less
IDBI Bank Operations Manager Salary 6 - 15 years exp. (41 salaries)	₹6 L/yr - ₹23 L/yr 55% more
HSBC Global Banking and Markets Operations Manager Salary 5 - 17 years exp. (44 salaries)	₹8.5 L/yr - ₹19.2 L/yr 64% more
Utkarsh Small Finance Bank Operations Manager Salary 4 - 12 years exp. (29 salaries)	₹2.5 L/yr - ₹8.2 L/yr 43% less
Federal Bank Operations Manager Salary 3 - 12 years exp. (10 salaries)	₹5 L/yr - ₹16 L/yr 30% more
Karur Vysya Bank Operations Manager Salary 1 - 11 years exp. (9 salaries)	₹2.7 L/yr - ₹9.1 L/yr 42% less
Paytm Payments Bank Operations Manager Salary 3 - 11 years exp. (9 salaries)	₹3.9 L/yr - ₹13 L/yr 9% less
City Union Bank Operations Manager Salary 2 - 6 years exp. (7 salaries)	₹4.8 L/yr - ₹9.5 L/yr 40% less

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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.

Experience wise The Saraswat Co-operative Bank Operations Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (3 salaries)	₹7 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹20.5 L/yr

View all

Similar Designation salaries in The Saraswat Co-operative Bank

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Team Manager Salary

(3 salaries)

₹10 L/yr - ₹25 L/yr

Branch Manager Salary

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Deputy Manager Salary

(356 salaries)

₹3.8 L/yr - ₹11 L/yr

Project Manager Salary

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₹10.2 L/yr - ₹13 L/yr

Operations Executive Salary

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₹3.95 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹15.2 L/yr - ₹19.4 L/yr

Deputy Branch Manager Salary

(6 salaries)

₹4.5 L/yr - ₹8.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.4 L/yr

Deputy Manager Grade 2 Salary

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₹8 L/yr - ₹10 L/yr

Salary related reviews for The Saraswat Co-operative Bank

3.1

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.

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

Junior Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 23 Aug 2023

3.0

for Salary and Benefits

Likes

Job Location

Dislikes

...zed and Toxic Work Culture Favouritism Long working hours- 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

Skill development - Poor

+4 more

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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 Saraswat Co-operative Bank Operations Manager Salary FAQs

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

Operations Manager salary at The Saraswat Co-operative Bank in India ranges between ₹7.0 Lakhs to ₹12.0 Lakhs for experience between 7 years to 13 years. According to our estimates it is 12% less than the average Operations Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of The Saraswat Co-operative Bank India.

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

The average salary of a Operations Manager at The Saraswat Co-operative Bank is 12% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank Operations Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
Federal Bank Operations Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

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

South Indian Bank Operations Manager Salary - ₹9.9 Lakhs to ₹13.0 Lakhs per year
Paytm Payments Bank Operations Manager Salary - ₹3.9 Lakhs to ₹13.0 Lakhs per year
Yes Bank Operations Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
Axis Bank Operations Manager Salary - ₹2.8 Lakhs to ₹12.5 Lakhs per year

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 ranges between ₹69,263 per month to ₹71,042 per month in India. The take-home salary calculation is based on the average The Saraswat Co-operative Bank Operations Manager salary in India which ranges between ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the The Saraswat Co-operative Bank Operations Managers reported a notice period of 1 Month, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Operations Manager Salaries

The Saraswat Co-operative Bank Operations Manager salary in India ranges between ₹7 Lakhs to ₹12 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.