Utkal Grameen Bank Bhubaneswar Salaries by 7 Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Senior Branch Manager 16 - 17 years exp. · Bhubaneswar (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
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Branch Manager 12 - 13 years exp. · Bhubaneswar (AmbitionBox Estimate)	₹10.6 L/yr - ₹15.6 L/yr
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Manager Scale II 7 - 11 years exp. · Bhubaneswar (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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Treasury Manager 8 years exp. · Bhubaneswar (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Utkal Grameen Bank Salary FAQs

How much does Utkal Grameen Bank pay to its employees?

The average annual salary at Utkal Grameen Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Utkal Grameen Bank, are as follows:

Senior Branch Manager	₹16.7 Lakhs to ₹21.4 Lakhs per year
Branch Manager	₹10.6 Lakhs to ₹15.6 Lakhs per year
Manager Scale II	₹9.1 Lakhs to ₹11.6 Lakhs per year
Treasury Manager	₹10.8 Lakhs to ₹13.8 Lakhs per year

The highest-paying role, Branch Manager, earns between ₹6.6 Lakhs to ₹15.6 Lakhs per year. The top 10% of employees earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹18.6 Lakhs per year. Salaries at Utkal Grameen Bank 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 salary estimates are based on data from 7 salaries submitted by Utkal Grameen Bank employees. Utkal Grameen Bank is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Utkal Grameen Bank , Bhubaneswar is INR . Salary estimates are based on 7 Utkal Grameen Bank latest salaries received from various employees of Utkal Grameen Bank.