Union Bank of India IT Manager Salaries by 8 Employees

5 - 10 years exp.

₹8.4 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

22% less than the average IT Manager Salary in Banking Companies for 5 - 10 years of experience

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Last Updated: 30 Sep 2024

Companies similar to Union Bank of India for IT Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India IT Manager Salary 10 - 16 years exp. (7 salaries)	₹15 L/yr - ₹22 L/yr 87% more
ICICI Bank IT Manager Salary 0 - 13 years exp. (13 salaries)	₹9 L/yr - ₹21.2 L/yr 28% more
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HDFC Bank IT Manager Salary 1 - 11 years exp. (109 salaries)	₹5.5 L/yr - ₹20.8 L/yr 12% more
Axis Bank IT Manager Salary 1 - 12 years exp. (72 salaries)	₹9.7 L/yr - ₹20.2 L/yr 35% more
Punjab National Bank IT Manager Salary 4 - 9 years exp. (15 salaries)	₹10.9 L/yr - ₹22 L/yr 52% more
Bank of Baroda IT Manager Salary 5 - 15 years exp. (26 salaries)	₹10 L/yr - ₹21 L/yr 51% more
Canara Bank IT Manager Salary 4 - 12 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 49% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 5% more
IndusInd Bank IT Manager Salary 5 - 12 years exp. (31 salaries)	₹5.2 L/yr - ₹22.5 L/yr 18% more
Yes Bank IT Manager Salary 1 - 2 years exp. (5 salaries)	₹16.5 L/yr - ₹18 L/yr 54% more
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (21 salaries)	₹6.1 L/yr - ₹19.5 L/yr 17% more
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Bandhan Bank IT Manager Salary 6 - 10 years exp. (22 salaries)	₹3 L/yr - ₹12.2 L/yr 32% less
Indian Overseas Bank IT Manager Salary 7 - 11 years exp. (15 salaries)	₹12.5 L/yr - ₹20 L/yr 39% more
Central Bank of India IT Manager Salary 1 - 14 years exp. (12 salaries)	₹8 L/yr - ₹17.3 L/yr 14% more
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 58% more
Indian Bank IT Manager Salary 6 - 13 years exp. (8 salaries)	₹8 L/yr - ₹20 L/yr 43% more
Standard Chartered IT Manager Salary 14 - 18 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 111% more
Bank of America IT Manager Salary 9 - 16 years exp. (7 salaries)	₹16 L/yr - ₹21.6 L/yr 68% more
Sberbank Branch in India IT Manager Salary 8 - 12 years exp. (3 salaries)	₹18 L/yr - ₹21 L/yr 81% more

IT Manager salary at Union Bank of India ranges between ₹8.4 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India IT Manager salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
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7 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.6 L/yr
8 years (4 salaries)	₹8.4 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.4 L/yr

View all

From

IT Manager

5 - 10 years exp.

Senior IT Manager

10 - 13 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.

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Analyst Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

IT Executive Salary

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System Engineer Salary

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Software Engineer Salary

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Senior Associate Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Union Bank of India

3.0

Rated by 2 employees for salary & benefits

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

Skill development - Good

+3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Union Bank of India IT Manager Salary FAQs

What is the salary of IT Manager at Union Bank of India ?

The average salary of a IT Manager at Union Bank of India in India typically ranges from ₹8.4 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of IT Manager at Union Bank of India earn more than ₹13.8 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. IT 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 8 Union Bank of India employees in India.

What is the estimated take home salary of a IT Manager at Union Bank of India in India?

The estimated take-home salary of a IT Manager at Union Bank of India in India typically ranges from ₹77,883 to ₹79,906 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 5 years to 10 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 8 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 IT Manager in India?

Standard Chartered	₹19.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India	₹15.0 Lakhs to ₹22.0 Lakhs per year
Sberbank Branch in India	₹18.0 Lakhs to ₹21.0 Lakhs per year
Bank of America	₹16.0 Lakhs to ₹21.6 Lakhs per year
IDBI Bank	₹12.0 Lakhs to ₹22.0 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 IT Manager in companies similar to Union Bank of India in India?

The salary of a IT 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:

Yes Bank	₹16.5 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank	₹10.9 Lakhs to ₹22.0 Lakhs per year
Bank of Baroda	₹10.0 Lakhs to ₹21.0 Lakhs per year
Canara Bank	₹9.0 Lakhs to ₹22.0 Lakhs per year
Indian Bank	₹8.0 Lakhs to ₹20.0 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 IT Manager at Union Bank of India in India?

The salary growth for a IT Manager at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at Union Bank of India:

Experience	Average Salary Range
5 years	₹3.7 Lakhs to ₹10.0 Lakhs per year
6 years	₹8.9 Lakhs to ₹11.3 Lakhs per year
7 years	₹10.0 Lakhs to ₹18.6 Lakhs per year
8 years	₹8.4 Lakhs to ₹14.0 Lakhs per year

and so on.

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Union Bank of India IT Manager Salaries

Union Bank of India IT Manager salary in India ranges between ₹8.4 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Union Bank of India latest salaries received from various employees of Union Bank of India.