Union Bank of India Finance Manager Salaries by 3 Employees (Updated 2024)

5 - 31 years exp.

₹3 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Finance Manager Salary in Banking Companies for 5 - 31 years of experience

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Last Updated: 17 Aug 2023

Companies similar to Union Bank of India for Finance Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Finance Manager Salary 0 - 2 years exp. (4 salaries)	₹0.4 L/yr - ₹4.5 L/yr 72% less
ICICI Bank Finance Manager Salary 1 - 5 years exp. (61 salaries)	₹4 L/yr - ₹16.1 L/yr 6% more
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HDFC Bank Finance Manager Salary 0 - 8 years exp. (48 salaries)	₹3 L/yr - ₹13.8 L/yr 10% less
Axis Bank Finance Manager Salary 0 - 8 years exp. (14 salaries)	₹2.3 L/yr - ₹9 L/yr 41% less
Bank of Baroda Finance Manager Salary 3 - 12 years exp. (18 salaries)	₹10.8 L/yr - ₹25 L/yr 84% more
Canara Bank Finance Manager Salary 7 - 11 years exp. (6 salaries)	₹12 L/yr - ₹16 L/yr 84% more
Kotak Mahindra Bank Finance Manager Salary 2 - 13 years exp. (19 salaries)	₹2.6 L/yr - ₹10.1 L/yr 41% less
IndusInd Bank Finance Manager Salary 1 - 15 years exp. (21 salaries)	₹1.8 L/yr - ₹5.6 L/yr 59% less
Yes Bank Finance Manager Salary 0 - 11 years exp. (8 salaries)	₹3.8 L/yr - ₹15.8 L/yr 13% more
Standard Chartered Finance Manager Salary 2 - 18 years exp. (26 salaries)	₹9.6 L/yr - ₹30 L/yr 161% more
NatWest Group Finance Manager Salary 7 - 17 years exp. (25 salaries)	₹12.7 L/yr - ₹23.5 L/yr 106% more
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Bank of America Finance Manager Salary 5 - 13 years exp. (16 salaries)	₹11.6 L/yr - ₹31 L/yr 201% more
IDFC FIRST Bank Finance Manager Salary 3 - 9 years exp. (13 salaries)	₹1.6 L/yr - ₹7.8 L/yr 63% less
Barclays Finance Manager Salary 3 - 18 years exp. (7 salaries)	₹8 L/yr - ₹32.4 L/yr 116% more
IDBI Bank Finance Manager Salary 3 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 65% more
Bank of India Finance Manager Salary 2 - 4 years exp. (3 salaries)	₹10.6 L/yr - ₹13.6 L/yr 36% more

Finance Manager salary at Union Bank of India ranges between ₹3 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 31 years. Salary estimates are based on 3 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Finance Manager salaries

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
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15+ years (AmbitionBox Estimate)	₹20 L/yr - ₹20 L/yr

Similar Designation salaries in Union Bank of India

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₹7 L/yr - ₹21 L/yr

Sales Manager Salary

(10 salaries)

₹3.1 L/yr - ₹6 L/yr

Credit Manager Salary

(38 salaries)

₹6.52 L/yr - ₹20 L/yr

Deputy Manager Salary

(11 salaries)

₹8.52 L/yr - ₹16 L/yr

Area Sales Manager Salary

(7 salaries)

₹0.1 L/yr - ₹6 L/yr

Finance Executive Salary

(4 salaries)

₹1.2 L/yr - ₹2.6 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Collections Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹82.1 L/yr - ₹90.7 L/yr

Branch Head Salary

(19 salaries)

₹9 L/yr - ₹20 L/yr

Salary related reviews for Union Bank of India

Branch Head in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 May 2023

5.0

for Salary and Benefits

Likes

Since it is a government bank, job security and salary is very handful.

Dislikes

Work life balance is very as they will not give you home posting it nearby posting and when you will away higher authority will force you unilaterally without listening anything

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.

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 .

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.

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.

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Union Bank of India Finance Manager Salary FAQs

What is the notice period for Finance Manager at Union Bank of India?

According to AmbitionBox, 100% of the Union Bank of India Finance Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Union Bank of India Finance Manager Salaries

Union Bank of India Finance Manager salary in India ranges between ₹3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Union Bank of India latest salaries received from various employees of Union Bank of India.