Union Bank of India Manager Scale II Salaries by 5 Employees

2 - 10 years exp.

₹6 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Manager Scale II Salary in Banking Companies for 2 - 10 years of experience

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Last Updated: 22 Sep 2023

Companies similar to Union Bank of India for Manager Scale II

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Manager Scale II Salary 3 - 11 years exp. (13 salaries)	₹7.2 L/yr - ₹18 L/yr 30% more
Canara Bank Manager Scale II Salary 5 - 11 years exp. (7 salaries)	₹7.5 L/yr - ₹24.7 L/yr 53% more
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Punjab National Bank Manager Scale II Salary 0 - 10 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 23% more
Indian Bank Manager Scale II Salary 4 - 8 years exp. (4 salaries)	₹11.5 L/yr - ₹18 L/yr 49% more
IDBI Bank Manager Scale II Salary 10 - 12 years exp. (3 salaries)	₹7 L/yr - ₹23 L/yr 56% more
Indian Overseas Bank Manager Scale II Salary 7 - 10 years exp. (3 salaries)	₹7 L/yr - ₹16 L/yr 22% more

Manager Scale II salary at Union Bank of India ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Manager Scale II salaries

Last Updated: 22 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16.4 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.3 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹17.5 L/yr
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr

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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.

Salary - Excellent

+3 more

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

Work-life balance - Bad

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

Senior Branch Manager

BFSI, Investments & Trading Department

4.0

• posted on 08 Apr 2018

4.0

for Salary and Benefits

Likes

...t merit counts. The promotion avenues are good and work culture is satisfactory. The salary structure is as available in Banking Industry.

Salary - Good

+6 more

Dislikes

No and never

Banking Operations in Hyderabad / Secunderabad

Finance & Accounting Department

4.0

• posted on 29 Sep 2020

3.0

for Salary and Benefits

Likes

...rk environment & culture.Teammates were cooperative.Transfer policies were good.Though there was no bonus and the salary hike was as per the predetermined criteria.

Skill development - Good

+4 more

Dislikes

Nothing Was there to dislike except with the perques were not satisfactory.

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

see more salary related reviews

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Union Bank of India Manager Scale II Salary FAQs

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

The average salary of a Manager Scale II at Union Bank of India in India typically ranges from ₹6.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Manager Scale II at Union Bank of India earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager Scale II 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 5 Union Bank of India employees in India.

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

The estimated take-home salary of a Manager Scale II at Union Bank of India in India typically ranges from ₹69,483 to ₹71,268 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 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 5 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 Manager Scale II in India?

IDBI Bank	₹7.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank	₹7.5 Lakhs to ₹24.7 Lakhs per year
Indian Bank	₹11.5 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda	₹7.2 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank	₹10.0 Lakhs to ₹12.0 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 Manager Scale II in companies similar to Union Bank of India in India?

The salary of a Manager Scale II 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:

Indian Overseas Bank

₹7.0 Lakhs to ₹16.0 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 Manager Scale II at Union Bank of India in India?

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

Experience	Average Salary Range
2 years	₹8.9 Lakhs to ₹16.4 Lakhs per year
3 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
4 years	₹3.7 Lakhs to ₹12.0 Lakhs per year
5 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Union Bank of India Manager Scale II Salaries

Union Bank of India Manager Scale II salary in India ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Union Bank of India latest salaries received from various employees of Union Bank of India.