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Union Bank of India Area Manager salaries in India

Annual salary range
7 - 18 years exp.
₹3.5 Lakhs - ₹9 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.
Salary of majority employees
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46% less than the average Area Manager Salary in Banking Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
11 - 18 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹9 L/yr

Sales & Business Development
Area Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 29 Oct 2023

Companies similar to Union Bank of India for Area Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Area Manager Salary

2 - 17 years exp. (87 salaries)

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₹4.3 L/yr - ₹11.7 L/yr

arrow icon 67% more
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HDFC Bank Area Manager Salary

6 - 17 years exp. (76 salaries)

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₹5.7 L/yr - ₹20 L/yr

arrow icon 128% more
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Axis Bank Area Manager Salary

6 - 16 years exp. (137 salaries)

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₹4.5 L/yr - ₹16.1 L/yr

arrow icon 84% more
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Kotak Mahindra Bank Area Manager Salary

10 - 21 years exp. (95 salaries)

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₹7 L/yr - ₹26.6 L/yr

arrow icon 209% more
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IndusInd Bank Area Manager Salary

10 - 19 years exp. (66 salaries)

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₹5.9 L/yr - ₹24.6 L/yr

arrow icon 174% more
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Yes Bank Area Manager Salary

3 - 14 years exp. (16 salaries)

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₹5.8 L/yr - ₹16.6 L/yr

arrow icon 81% more
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Bandhan Bank Area Manager Salary

0 - 15 years exp. (444 salaries)

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₹2.6 L/yr - ₹10 L/yr

At par
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IDFC FIRST Bank Area Manager Salary

4 - 20 years exp. (26 salaries)

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₹5 L/yr - ₹18 L/yr

arrow icon 126% more
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Standard Chartered Area Manager Salary

4 - 6 years exp. (3 salaries)

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₹8.5 L/yr - ₹11.4 L/yr

arrow icon 106% more
Area Manager salary at Union Bank of India ranges between ₹3.5 Lakhs to ₹9 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India.

Latest annual salaries shared by Union Bank of India Area Manager

1y ago
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18 years exp.
1y ago
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8 years exp.
1y ago
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11 years exp.

Experience wise Union Bank of India Area Manager salaries

Last Updated: 29 Oct 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
15+ years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Union Bank of India

Sales Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Branch Manager Salary
(97 salaries)
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₹7 L/yr - ₹24 L/yr
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₹0.1 L/yr - ₹6 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr
Deputy Manager Salary
(10 salaries)
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₹9 L/yr - ₹16 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹5.4 L/yr - ₹15 L/yr
Team Lead Salary
(5 salaries)
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₹2 L/yr - ₹4.65 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Union Bank of India

BFSI, Investments & Trading Department

3.0
  •  posted on 07 Jan 2019

3.0
 for  Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Other Department

1.0
  •  posted on 14 Nov 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 11 Jun 2024

4.0
 for  Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

  • Salary - Good
  • +1 more

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 01 Jul 2024

3.0
 for  Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

read more

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Jul 2023

3.0
 for  Salary and Benefits

Likes

Salary and allowances will be on time. Easy to get loans on self name.

Dislikes

These days banking jobs became much stressful and hectic with no personal life. Young generation please don't come banking side anymore.

read more
  • Promotions - Poor
  • +3 more
see more salary related reviews

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Union Bank of India Area Manager Salary FAQs

What is the salary of Area Manager at Union Bank of India ?
The average salary of a Area Manager at Union Bank of India in India typically ranges from ₹3.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Area Manager at Union Bank of India earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Area Manager Salaries at Union Bank of India 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 4 Union Bank of India employees in India.
What is the estimated take home salary of a Area Manager at Union Bank of India in India?
The estimated take-home salary of a Area Manager at Union Bank of India in India typically ranges from ₹39,572 to ₹40,744 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 7 years to 18 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 4 salaries received from various employees of Union Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Union Bank of India for Area Manager in India?
Kotak Mahindra Bank ₹7.0 Lakhs to ₹26.6 Lakhs per year
IndusInd Bank ₹5.9 Lakhs to ₹24.6 Lakhs per year
HDFC Bank ₹5.7 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank ₹5.0 Lakhs to ₹18.0 Lakhs per year
Standard Chartered ₹8.5 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Union Bank of India, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Union Bank of India in India?
The salary of a Area Manager at companies similar to Union Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹4.5 Lakhs to ₹16.1 Lakhs per year
Yes Bank ₹5.8 Lakhs to ₹16.6 Lakhs per year
ICICI Bank ₹4.3 Lakhs to ₹11.7 Lakhs per year
Bandhan Bank ₹2.6 Lakhs to ₹10.0 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 Area Manager at Union Bank of India in India?
The salary growth for a Area Manager at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Union Bank of India:

Experience Average Salary Range
7 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
8 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
11 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
15 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

Union Bank of India Area Manager salary in India ranges between ₹3.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Union Bank of India latest salaries received from various employees of Union Bank of India.