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Union Bank of India Senior Manager Finance salaries in India (Updated 2025)

Annual salary range
9 - 11 years exp.
₹17.5 Lakhs - ₹25 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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24% less than the average Senior Manager Finance Salary in Banking Companies for 9 - 11 years of experience

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Last Updated: 31 Jan 2025

Companies similar to Union Bank of India for Senior Manager Finance

Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Manager Finance Salary

3 - 12 years exp. (36 salaries)

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₹10.6 L/yr - ₹23.3 L/yr

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₹18 L/yr - ₹39 L/yr

arrow icon 39% more
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Bank of Baroda Senior Manager Finance Salary

9 - 15 years exp. (18 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 26% more
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₹6.9 L/yr - ₹20.5 L/yr

arrow icon 35% less
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Canara Bank Senior Manager Finance Salary

11 - 13 years exp. (9 salaries)

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₹19 L/yr - ₹25 L/yr

arrow icon 4% more
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ICICI Bank Senior Manager Finance Salary

7 - 10 years exp. (6 salaries)

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₹10 L/yr - ₹25 L/yr

arrow icon 10% less
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Bank of America Senior Manager Finance Salary

9 - 13 years exp. (6 salaries)

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₹25.6 L/yr - ₹43 L/yr

arrow icon 71% more
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Axis Bank Senior Manager Finance Salary

4 - 6 years exp. (6 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 32% less
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IDFC FIRST Bank Senior Manager Finance Salary

3 - 12 years exp. (4 salaries)

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₹4.6 L/yr - ₹12.5 L/yr

arrow icon 47% less
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NatWest Group Senior Manager Finance Salary

12 - 17 years exp. (4 salaries)

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₹18 L/yr - ₹25.6 L/yr

arrow icon 9% more
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Bandhan Bank Senior Manager Finance Salary

9 - 14 years exp. (3 salaries)

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₹12 L/yr - ₹22.1 L/yr

arrow icon 24% less
Senior Manager Finance salary at Union Bank of India ranges between ₹17.5 Lakhs to ₹25 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Union Bank of India.

Latest annual salaries shared by Union Bank of India Senior Manager Finance

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11 years exp.
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Experience wise Union Bank of India Senior Manager Finance salaries

Last Updated: 31 Jan 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹18 L/yr - ₹36.9 L/yr
10 years  (3 salaries)

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₹17.5 L/yr - ₹24.5 L/yr
11 years (AmbitionBox Estimate)

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₹20.5 L/yr - ₹25 L/yr

Similar Designation salaries in Union Bank of India

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₹11 L/yr - ₹28.5 L/yr
Credit Manager Salary
(39 salaries)
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₹6.56 L/yr - ₹20 L/yr
Credit Officer Salary
(18 salaries)
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₹6.5 L/yr - ₹19.5 L/yr
Risk Manager Salary
(10 salaries)
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₹10.3 L/yr - ₹18.5 L/yr
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₹4.5 L/yr - ₹13 L/yr
Accountant Salary
(6 salaries)
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₹2 L/yr - ₹12 L/yr
Gold Appraiser Salary
(5 salaries)
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₹2 L/yr - ₹4.5 L/yr
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₹2.16 L/yr - ₹3 L/yr
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₹1.1 L/yr - ₹10.08 L/yr
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₹6.05 L/yr - ₹10 L/yr

Salary related reviews for Union Bank of India

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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

read more

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Skill development - Poor
  • +2 more

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.

read more

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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Promotions - Poor
  • +3 more
see more salary related reviews

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Union Bank of India Senior Manager Finance Salary FAQs

What is the salary of Senior Manager Finance at Union Bank of India ?
The average salary of a Senior Manager Finance at Union Bank of India in India typically ranges from ₹17.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Senior Manager Finance at Union Bank of India earn more than ₹24.9 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior Manager Finance 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 7 Union Bank of India employees in India.
What is the estimated take home salary of a Senior Manager Finance at Union Bank of India in India?
The estimated take-home salary of a Senior Manager Finance at Union Bank of India in India typically ranges from ₹1,34,336 to ₹1,39,273 per month. This is based on the average salary range of ₹17.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 9 years to 11 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 7 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 Senior Manager Finance in India?
Bank of America ₹25.6 Lakhs to ₹43.0 Lakhs per year
Standard Chartered ₹18.0 Lakhs to ₹39.0 Lakhs per year
Bank of Baroda ₹14.0 Lakhs to ₹30.0 Lakhs per year
NatWest Group ₹18.0 Lakhs to ₹25.6 Lakhs per year
Canara Bank ₹19.0 Lakhs to ₹25.0 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 Senior Manager Finance in companies similar to Union Bank of India in India?
The salary of a Senior Manager Finance 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:

ICICI Bank ₹10.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank ₹10.6 Lakhs to ₹23.3 Lakhs per year
Bandhan Bank ₹12.0 Lakhs to ₹22.1 Lakhs per year
Axis Bank ₹8.0 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Bank ₹6.9 Lakhs to ₹20.5 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 Senior Manager Finance at Union Bank of India in India?
The salary growth for a Senior Manager Finance at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Senior Manager Finance can expect the following growth trajectory at Union Bank of India:

Experience Average Salary Range
9 years ₹18.0 Lakhs to ₹36.9 Lakhs per year
10 years ₹17.5 Lakhs to ₹24.5 Lakhs per year
11 years ₹20.5 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

Union Bank of India Senior Manager Finance salary in India ranges between ₹17.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Union Bank of India latest salaries received from various employees of Union Bank of India.