Ujjivan Small Finance Bank Mumbai Operations Manager Salaries by 5 Employees

5 - 9 years exp.

₹4.4 Lakhs - ₹7.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% less than the average Operations Manager Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.9 L/yr
Finance & Accounting Operations Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹7.6 L/yr
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BFSI, Investments & Trading Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.9 L/yr

Last Updated: 5 Dec 2024

Companies similar to Ujjivan Small Finance Bank for Operations Manager in Mumbai

Ujjivan Small Finance Bank Operations Manager Salary

5 - 9 years exp. (5 salaries)

₹4.4 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 0 - 17 years exp. (91 salaries)	₹3.1 L/yr - ₹12 L/yr 52% more
ICICI Bank Operations Manager Salary 0 - 12 years exp. (70 salaries)	₹2.7 L/yr - ₹11.4 L/yr 40% more	1 job opening
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IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (48 salaries)	₹4.8 L/yr - ₹11.6 L/yr 58% more
Kotak Mahindra Bank Operations Manager Salary 3 - 12 years exp. (42 salaries)	₹2 L/yr - ₹12 L/yr 36% more
Axis Bank Operations Manager Salary 3 - 14 years exp. (37 salaries)	₹3.5 L/yr - ₹12 L/yr 51% more
IndusInd Bank Operations Manager Salary 3 - 12 years exp. (17 salaries)	₹3 L/yr - ₹10 L/yr 19% more
Yes Bank Operations Manager Salary 7 - 16 years exp. (15 salaries)	₹6.5 L/yr - ₹12.5 L/yr 78% more
Canara Bank Operations Manager Salary 12 - 15 years exp. (10 salaries)	₹25 L/yr - ₹54 L/yr 570% more
RBL Bank Operations Manager Salary 7 - 13 years exp. (9 salaries)	₹4.2 L/yr - ₹9.5 L/yr 42% more
HSBC Global Banking and Markets Operations Manager Salary 6 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹16.5 L/yr 210% more
Utkarsh Small Finance Bank Operations Manager Salary 11 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹8.2 L/yr 32% more
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Karur Vysya Bank Operations Manager Salary 1 - 11 years exp. (5 salaries)	₹2.7 L/yr - ₹10 L/yr 10% more
Bandhan Bank Operations Manager Salary 6 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹7.5 L/yr 16% more

Operations Manager salary at Ujjivan Small Finance Bank ranges between ₹4.4 Lakhs to ₹7.6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Ujjivan Small Finance Bank.

Experience wise Ujjivan Small Finance Bank Operations Manager salaries in Mumbai

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

From

Operations Manager

₹

Lakhs/yr

3 - 12 years exp.

Distribution Manager

₹

Lakhs/yr

11 - 15 years exp.

Operations Manager

3 - 12 years exp.

Branch Manager

7 - 17 years exp.

88% hike

Area Manager

7 - 20 years exp.

52% hike

From

View 1 more level

Operations Manager

3 - 12 years exp.

Cluster Head

10 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Ujjivan Small Finance Bank

Deputy Manager Salary

(15 salaries)

₹2.85 L/yr - ₹5.7 L/yr

Relationship Manager Salary

(8 salaries)

₹3.15 L/yr - ₹8 L/yr

Area Manager Salary

(4 salaries)

₹8 L/yr - ₹14.77 L/yr

Top skills at Ujjivan Small Finance Bank for Operations Manager

Risk Management Operational Risk Auditing Operational Risk Internal Audit Risk Assessment Finance Commerce Operations Management Compliance Monitoring Corporate Risk Management Compliance Compliance Management

Salary related reviews for Ujjivan Small Finance Bank

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Gopiballavpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 04 Jan 2023

2.0

for Salary and Benefits

Likes

Salary on 25th. Employment engagement is very good.

Job security - Good

Dislikes

Work on holiday sales team & branch team 2nd & 4th saturday. No comp off. Comp off is credited in your leave balance but supervisor above BM role is not provided. 10 days mandatory leave provide by supervisor above if providing then only 5 to 6days. Work & life balance is very disappointed.

Salary - Poor

+5 more

Branch Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Aug 2022

4.0

for Salary and Benefits

Likes

Growing bank.Getting Salary and incentives on time .Good Health insurance and other employee benefit are provided by bank.

Salary - Good

+3 more

Dislikes

Family and work life balance are difficult to manage as we have to work 2nd and 4th Saturday also .

Job security - Bad

Cluster Manager in Shadipur

BFSI, Investments & Trading Department

3.0

• posted on 04 Jul 2022

2.0

for Salary and Benefits

Likes

The company gives a good amount of job security. But mostly things will depend on your manager. if the manager is not good then Ujjivan as a company can not do anything in that case

Work-life balance - Good

Dislikes

...u work for long here, other major banks might not consider you for many roles. Salary and Increments depend on the department you are working in. In case your department is incurring losses. Your hard work will go in vain as the ratings will be poorly allotted.

Salary - Poor

+3 more

Branch Manager in Pune

BFSI, Investments & Trading Department

5.0

• posted on 03 Jan 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture and Small banking growth.

Salary - Excellent

+6 more

Dislikes

Your branches need, There is a lot of politics and the management doesn't address our issues salary is slow. there is a bond of 2 years before which you cannot resign on the job training is not given to new joinees......

Branch Manager in Valsad

BFSI, Investments & Trading Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

Company caring for each N every Employee at any level. Give all Comfort. All Jobs are safe .no any intention to move it or fire them from company. All roles are clears for all. All Branches behave like home branch for any Cust.

Salary - Excellent

+6 more

Dislikes

Overall all is ok. Have to see one time compensation of vintage staff to Revise

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Ujjivan Small Finance Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Ujjivan Small Finance Bank in Mumbai?

The average salary of a Operations Manager at Ujjivan Small Finance Bank in Mumbai typically ranges from ₹4.4 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Operations Manager in Mumbai at Ujjivan Small Finance Bank earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Operations Manager Salaries at Ujjivan Small Finance 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 5 Ujjivan Small Finance Bank employees in India.

What is the estimated take home salary of a Operations Manager at Ujjivan Small Finance Bank in Mumbai?

The estimated take-home salary of a Operations Manager at Ujjivan Small Finance Bank in Mumbai typically ranges from ₹38,610 to ₹39,796 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹7.6 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 salaries received from various employees of Ujjivan Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Operations Manager at Ujjivan Small Finance Bank in Mumbai?

To be a Operations Manager at Ujjivan Small Finance Bank in Mumbai, the key skills required include:

- Risk Management
- Operational Risk
- Auditing
- Operational Risk
- Internal Audit

These skills are highly valued at Ujjivan Small Finance Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Ujjivan Small Finance Bank for Operations Manager in India?

Canara Bank	₹25.0 Lakhs to ₹54.0 Lakhs per year
HSBC Global Banking and Markets	₹8.5 Lakhs to ₹16.5 Lakhs per year
Yes Bank	₹6.5 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank	₹4.8 Lakhs to ₹11.6 Lakhs per year
HDFC Bank	₹3.1 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ujjivan Small Finance Bank, depending on the role and experience level.

What is the salary of a Operations Manager in companies similar to Ujjivan Small Finance Bank in Mumbai?

The salary of a Operations Manager at companies similar to Ujjivan Small Finance Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹3.5 Lakhs to ₹12.0 Lakhs per year
RBL Bank	₹4.2 Lakhs to ₹9.5 Lakhs per year
ICICI Bank	₹2.7 Lakhs to ₹11.4 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹12.0 Lakhs per year
Utkarsh Small Finance Bank	₹5.5 Lakhs to ₹8.2 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 Ujjivan Small Finance Bank in Mumbai?

The salary growth for a Operations Manager at Ujjivan Small Finance Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Operations Manager in Mumbai can expect the following growth trajectory at Ujjivan Small Finance Bank:

Experience	Average Salary Range
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Ujjivan Small Finance Bank Operations Manager Salaries in Mumbai

Ujjivan Small Finance Bank Operations Manager salary in Mumbai ranges between ₹4.4 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ujjivan Small Finance Bank latest salaries received from various employees of Ujjivan Small Finance Bank.

Ujjivan Small Finance Bank Operations Manager salaries in Mumbai

Companies similar to Ujjivan Small Finance Bank for Operations Manager in Mumbai

Latest annual salaries shared by Ujjivan Small Finance Bank Operations Manager in Mumbai

Experience wise Ujjivan Small Finance Bank Operations Manager salaries in Mumbai

Similar Designation salaries in Ujjivan Small Finance Bank

Top skills at Ujjivan Small Finance Bank for Operations Manager

Salary related reviews for Ujjivan Small Finance Bank

Branch Manager in Gopiballavpur

Branch Manager in Bhubaneswar

Cluster Manager in Shadipur

Branch Manager in Pune

Branch Manager in Valsad

Ujjivan Small Finance Bank Operations Manager Salary FAQs

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