The Saraswat Co-operative Bank Mumbai Senior Manager Salaries by 30+ Employees (Updated 2025)

10 - 18 years exp.

₹11.5 Lakhs - ₹22 Lakhs

Salary of majority employees

24% less than the average Senior Manager Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 10 - 14 years exp. (9 salaries)	₹11.6 L/yr - ₹22 L/yr
Risk Management & Compliance Senior Manager Salary 11 - 18 years exp. (6 salaries)	₹14.5 L/yr - ₹18 L/yr
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Finance & Accounting Senior Manager Salary 10 - 11 years exp. (4 salaries)	₹12 L/yr - ₹19 L/yr
Customer Success, Service & Operations Senior Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹14.7 L/yr
Engineering - Software & QA Senior Manager Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹16.2 L/yr

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Last Updated: 25 Jan 2025

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

The Saraswat Co-operative Bank Senior Manager Salary

10 - 18 years exp. (38 salaries)

₹11.5 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
Abhyudaya Co-operative Bank Senior Manager Salary 15 - 22 years exp. (3 salaries)	₹10.5 L/yr - ₹13.8 L/yr 19% less
Thane Bharat Sahakari Bank Senior Manager Salary 1 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹7.8 L/yr 62% less
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SVC Co-Operative Bank Senior Manager Salary 9 - 18 years exp. (18 salaries)	₹12 L/yr - ₹22 L/yr 4% more
Nkgsb CO-OP Bank Senior Manager Salary 10 - 33 years exp. (7 salaries)	₹14.8 L/yr - ₹15.6 L/yr 7% less
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹28 L/yr 1% more
Axis Bank Senior Manager Salary 2 - 22 years exp. (2k salaries)	₹8.9 L/yr - ₹28 L/yr 8% more	1 job opening
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹23.5 L/yr 17% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (979 salaries)	₹6.5 L/yr - ₹22 L/yr 21% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (639 salaries)	₹9.3 L/yr - ₹27.5 L/yr 8% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (573 salaries)	₹7 L/yr - ₹26.5 L/yr 5% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (330 salaries)	₹6.5 L/yr - ₹20 L/yr 22% less
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IndusInd Bank Senior Manager Salary 6 - 18 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 22% less
Union Bank of India Senior Manager Salary 8 - 15 years exp. (76 salaries)	₹9 L/yr - ₹32 L/yr 35% more
Federal Bank Senior Manager Salary 6 - 14 years exp. (44 salaries)	₹12 L/yr - ₹30 L/yr 43% more
Bandhan Bank Senior Manager Salary 6 - 18 years exp. (27 salaries)	₹7.4 L/yr - ₹17.5 L/yr 22% less
Canara Bank Senior Manager Salary 8 - 14 years exp. (22 salaries)	₹12 L/yr - ₹28 L/yr 36% more
Central Bank of India Senior Manager Salary 7 - 14 years exp. (21 salaries)	₹12.1 L/yr - ₹25 L/yr 26% more
Jana Small Finance Bank Senior Manager Salary 5 - 17 years exp. (19 salaries)	₹4.9 L/yr - ₹13 L/yr 38% less
South Indian Bank Senior Manager Salary 9 - 16 years exp. (10 salaries)	₹12 L/yr - ₹22 L/yr 19% more
Karur Vysya Bank Senior Manager Salary 9 - 16 years exp. (8 salaries)	₹15 L/yr - ₹20 L/yr 6% more

Senior Manager salary at The Saraswat Co-operative Bank ranges between ₹11.5 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 38 latest salaries received from various employees of The Saraswat Co-operative Bank.

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

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
10 years (8 salaries)	₹12 L/yr - ₹22 L/yr
11 years (7 salaries)	₹12 L/yr - ₹20 L/yr
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12 years (7 salaries)	₹11.6 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹19 L/yr
14 years (4 salaries)	₹11.5 L/yr - ₹20 L/yr
15+ years (10 salaries)	₹13.5 L/yr - ₹20 L/yr

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Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary

(209 salaries)

₹3.8 L/yr - ₹11 L/yr

Branch Manager Salary

(24 salaries)

₹4.1 L/yr - ₹15 L/yr

Business Development Executive Salary

(4 salaries)

₹3.6 L/yr - ₹4.9 L/yr

Salary related reviews for The Saraswat Co-operative Bank

5.0

Rated by 1 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

2w (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 Senior Manager Salary FAQs

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

Senior Manager salary at The Saraswat Co-operative Bank in Mumbai ranges between ₹11.5 Lakhs to ₹22.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 24% less than the average Senior Manager Salary in India. Salary estimates are based on 38 latest salaries received from various employees of The Saraswat Co-operative Bank Mumbai.

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

The average salary of a Senior Manager at The Saraswat Co-operative Bank is 24% less than the average salary of a Senior 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 Senior Manager in Mumbai?

Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
Central Bank of India Senior Manager Salary - ₹12.1 Lakhs to ₹25.0 Lakhs per year
South Indian Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year

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

ICICI Bank Senior Manager Salary - ₹9.3 Lakhs to ₹27.5 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.9 Lakhs to ₹28.0 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
SVC Co-Operative Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank Senior Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at The Saraswat Co-operative Bank ranges between ₹1,11,761 per month to ₹1,14,863 per month in Mumbai. The take-home salary calculation is based on the average The Saraswat Co-operative Bank Senior Manager salary in India which ranges between ₹11.5 Lakhs to ₹22.0 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 79% of the The Saraswat Co-operative Bank Senior Managers in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Senior Manager Salaries in Mumbai

The Saraswat Co-operative Bank Senior Manager salary in Mumbai ranges between ₹11.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.

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

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

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

Experience wise The Saraswat Co-operative Bank Senior 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

Manager in Mumbai

Junior Officer in Nagpur

Business Development Officer in Mumbai

Junior Officer in Mumbai

The Saraswat Co-operative Bank Senior Manager Salary FAQs

Tell us how to improve this page.