Union Bank of India Manager II Salaries by 4 Employees (Updated 2024)

5 - 7 years exp.

₹10.3 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Manager II Salary in Banking Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager II Salary 5 - 7 years exp. (3 salaries)	₹15.3 L/yr - ₹18.7 L/yr
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Risk Management & Compliance Manager II Salary 5 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.4 L/yr

Last Updated: 9 Nov 2024

Companies similar to Union Bank of India for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager II Salary 3 - 16 years exp. (374 salaries)	₹8.5 L/yr - ₹26.2 L/yr 28% more
HDFC Bank Manager II Salary 3 - 11 years exp. (9 salaries)	₹5 L/yr - ₹11.1 L/yr 19% less
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 32% less
Punjab National Bank Manager II Salary 9 - 31 years exp. (7 salaries)	₹7 L/yr - ₹15 L/yr 12% less
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 7% more
Canara Bank Manager II Salary 4 - 12 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 24% more
Kotak Mahindra Bank Manager II Salary 4 - 14 years exp. (15 salaries)	₹5.5 L/yr - ₹8.8 L/yr 47% less
IndusInd Bank Manager II Salary 3 - 15 years exp. (5 salaries)	₹4.2 L/yr - ₹9.6 L/yr 45% less
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 44% less
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 9% more
Bandhan Bank Manager II Salary 9 - 16 years exp. (5 salaries)	₹6.5 L/yr - ₹11 L/yr 28% less
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IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 45% less
Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 22% more
Indian Bank Manager II Salary 9 - 24 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr 1% less
Indian Overseas Bank Manager II Salary 9 - 17 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 27% more

Manager II salary at Union Bank of India ranges between ₹10.3 Lakhs to ₹17 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Manager II salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹17 L/yr
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6 years (AmbitionBox Estimate)	₹17 L/yr - ₹17 L/yr

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Salary related reviews for Union Bank of India

3.5

Rated by 2 employees for salary & benefits

General Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 05 Mar 2018

3.0

for Salary and Benefits

Likes

...eer growth, necessary training facility and reasonably good working environment.As regards to salary, you can very well understand limitations of nationalized set up in comparison with it private counterparts.

Dislikes

Likings of all the people may not be same. In my case, my likings were much more than my dislikes.

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.

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.

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Salary Discussions, Hike & Promotions

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 Manager II Salary FAQs

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

Manager II salary at Union Bank of India in India ranges between ₹10.3 Lakhs to ₹17.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 37% less than the average Manager II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India India.

How does the salary of a Manager II at Union Bank of India India compare with the average salary range for this job?

The average salary of a Manager II at Union Bank of India is 37% less than the average salary of a Manager II in India. To know exact salary insights, login to view.

Which similar companies are paying more than Union Bank of India to a Manager II in India?

ICICI Bank Manager II Salary - ₹8.5 Lakhs to ₹26.2 Lakhs per year
Indian Overseas Bank Manager II Salary - ₹14.5 Lakhs to ₹18.0 Lakhs per year
Canara Bank Manager II Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India Manager II Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
IDBI Bank Manager II Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Manager II in companies similar to Union Bank of India in India?

Bank of Baroda Manager II Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Indian Bank Manager II Salary - ₹10.5 Lakhs to ₹16.0 Lakhs per year
Punjab National Bank Manager II Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Manager II Salary - ₹5.0 Lakhs to ₹11.1 Lakhs per year
Bandhan Bank Manager II Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Manager II at Union Bank of India ranges between ₹90,083 per month to ₹92,451 per month in India. The take-home salary calculation is based on the average Union Bank of India Manager II salary in India which ranges between ₹10.3 Lakhs to ₹17.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Union Bank of India Manager IIs reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Union Bank of India Manager II Salaries

Union Bank of India Manager II salary in India ranges between ₹10.3 Lakhs to ₹17 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.