Union Bank of India Mumbai Senior Manager Finance Salaries by 4 Employees

9 - 11 years exp.

₹17.5 Lakhs - ₹21 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Senior Manager Finance Salary in Banking Companies for 9 - 11 years of experience

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Last Updated: 5 Mar 2024

Companies similar to Union Bank of India for Senior Manager Finance in Mumbai

Union Bank of India Senior Manager Finance Salary

9 - 11 years exp. (4 salaries)

₹17.5 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Finance Salary 3 - 12 years exp. (30 salaries)	₹11.5 L/yr - ₹23.3 L/yr 16% less
Kotak Mahindra Bank Senior Manager Finance Salary 5 - 16 years exp. (8 salaries)	₹6.9 L/yr - ₹20 L/yr 29% less
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Bank of Baroda Senior Manager Finance Salary 9 - 12 years exp. (7 salaries)	₹14 L/yr - ₹30 L/yr 37% more
ICICI Bank Senior Manager Finance Salary 7 - 9 years exp. (3 salaries)	₹13.5 L/yr - ₹24 L/yr 5% less
Cipla Senior Manager Finance Salary 4 - 12 years exp. (23 salaries)	₹20 L/yr - ₹32.3 L/yr 34% more

Senior Manager Finance salary at Union Bank of India ranges between ₹17.5 Lakhs to ₹21 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Senior Manager Finance salaries in Mumbai

Last Updated: 5 Mar 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
10 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
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11 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr

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Credit Manager Salary

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Assistant Credit Manager Salary

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Salary related reviews for Union Bank of India

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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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 in Mumbai?

The average salary of a Senior Manager Finance at Union Bank of India in Mumbai typically ranges from ₹17.5 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Senior Manager Finance in Mumbai at Union Bank of India earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 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 4 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 Mumbai?

The estimated take-home salary of a Senior Manager Finance at Union Bank of India in Mumbai typically ranges from ₹1,28,013 to ₹1,32,336 per month. This is based on the average salary range of ₹17.5 Lakhs to ₹21.0 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 4 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 Baroda	₹14.0 Lakhs to ₹30.0 Lakhs per year
Cipla	₹20.0 Lakhs to ₹32.3 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 Mumbai?

The salary of a Senior Manager Finance at companies similar to Union Bank of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹13.5 Lakhs to ₹24.0 Lakhs per year
HDFC Bank	₹11.5 Lakhs to ₹23.3 Lakhs per year
Kotak Mahindra Bank	₹6.9 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 Senior Manager Finance at Union Bank of India in Mumbai?

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

Experience	Average Salary Range
9 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
10 years	₹18.8 Lakhs to ₹24.0 Lakhs per year
11 years	₹20.2 Lakhs to ₹25.8 Lakhs per year

and so on.

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Union Bank of India Senior Manager Finance Salaries in Mumbai

Union Bank of India Senior Manager Finance salary in Mumbai ranges between ₹17.5 Lakhs to ₹21 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.