Union Bank of India Area Manager Salaries by 4 Employees

7 - 18 years exp.

₹3.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

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)	₹5 L/yr - ₹9 L/yr
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Sales & Business Development Area Manager Salary 8 years exp. (AmbitionBox Estimate)	₹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
ICICI Bank Area Manager Salary 2 - 17 years exp. (87 salaries)	₹4.3 L/yr - ₹11.7 L/yr 67% more
HDFC Bank Area Manager Salary 6 - 17 years exp. (76 salaries)	₹5.7 L/yr - ₹20 L/yr 128% more
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Axis Bank Area Manager Salary 6 - 16 years exp. (137 salaries)	₹4.5 L/yr - ₹16.1 L/yr 84% more
Kotak Mahindra Bank Area Manager Salary 10 - 21 years exp. (95 salaries)	₹7 L/yr - ₹26.6 L/yr 209% more
IndusInd Bank Area Manager Salary 10 - 19 years exp. (66 salaries)	₹5.9 L/yr - ₹24.6 L/yr 174% more
Yes Bank Area Manager Salary 3 - 14 years exp. (16 salaries)	₹5.8 L/yr - ₹16.6 L/yr 81% more
Bandhan Bank Area Manager Salary 0 - 15 years exp. (444 salaries)	₹2.6 L/yr - ₹10 L/yr At par
IDFC FIRST Bank Area Manager Salary 4 - 20 years exp. (26 salaries)	₹5 L/yr - ₹18 L/yr 126% more
Standard Chartered Area Manager Salary 4 - 6 years exp. (3 salaries)	₹8.5 L/yr - ₹11.4 L/yr 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.

Experience wise Union Bank of India Area Manager salaries

Last Updated: 29 Oct 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Union Bank of India

Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Branch Manager Salary

(97 salaries)

₹7 L/yr - ₹24 L/yr

Area Sales Manager Salary

(7 salaries)

₹0.1 L/yr - ₹6 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Deputy Manager Salary

(10 salaries)

₹9 L/yr - ₹16 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Marketing Manager Salary

(26 salaries)

₹5.4 L/yr - ₹15 L/yr

Team Lead Salary

(5 salaries)

₹2 L/yr - ₹4.65 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Union Bank of India

Branch Manager in Rajahmundry

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.

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 .

Work satisfaction - Poor

+1 more

Assistant Manager in Bangalore / Bengaluru

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.

Salary - Poor

+5 more

Manager in Tiruchirappalli

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.

Skill development - Poor

+2 more

Assistant Manager in Guwahati

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.

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.

Work satisfaction - Bad

+2 more

Manager in Hyderabad / Secunderabad

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.

Promotions - Poor

+3 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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Union Bank of India Area Manager Salaries

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