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Utkarsh Small Finance Bank Assistant Manager 1 salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.2 Lakhs - ₹5.2 Lakhs
Salary of majority employees
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18% less than the average Assistant Manager 1 Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager 1 Salary
3 - 6 years exp. (16 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

Customer Success, Service & Operations
Assistant Manager 1 Salary
2 - 6 years exp. (15 salaries)
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₹3 L/yr - ₹5 L/yr

Sales & Business Development
Assistant Manager 1 Salary
3 - 6 years exp. (14 salaries)
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₹3.2 L/yr - ₹4.2 L/yr

BFSI, Investments & Trading
Assistant Manager 1 Salary
1 - 6 years exp. (9 salaries)
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₹2.2 L/yr - ₹4 L/yr

Human Resources
Assistant Manager 1 Salary
2 - 6 years exp. (3 salaries)
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₹3.7 L/yr - ₹4.7 L/yr

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Last Updated: 21 Mar 2025

Companies similar to Utkarsh Small Finance Bank for Assistant Manager 1

Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager 1 Salary

1 - 4 years exp. (241 salaries)

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₹2 L/yr - ₹5 L/yr

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Kotak Mahindra Bank Assistant Manager 1 Salary

0 - 6 years exp. (147 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 14% less
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HDFC Bank Assistant Manager 1 Salary

1 - 6 years exp. (57 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 7% less
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Axis Bank Assistant Manager 1 Salary

0 - 4 years exp. (39 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 3% more
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Bandhan Bank Assistant Manager 1 Salary

0 - 6 years exp. (10 salaries)

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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 6% less
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Yes Bank Assistant Manager 1 Salary

2 - 6 years exp. (8 salaries)

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₹3.2 L/yr - ₹4.8 L/yr

arrow icon 16% more
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IDBI Bank Assistant Manager 1 Salary

0 - 7 years exp. (7 salaries)

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₹3.7 L/yr - ₹15 L/yr

arrow icon 138% more
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IDFC FIRST Bank Assistant Manager 1 Salary

2 - 7 years exp. (7 salaries)

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₹3.1 L/yr - ₹5.3 L/yr

arrow icon 15% more
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RBL Bank Assistant Manager 1 Salary

2 - 8 years exp. (6 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 6% less
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Federal Bank Assistant Manager 1 Salary

0 - 9 years exp. (5 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 166% more
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Karur Vysya Bank Assistant Manager 1 Salary

5 - 8 years exp. (5 salaries)

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₹4.5 L/yr - ₹8.2 L/yr

arrow icon 92% more
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Canara Bank Assistant Manager 1 Salary

5 - 10 years exp. (4 salaries)

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₹9.5 L/yr - ₹13 L/yr

arrow icon 191% more
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₹3.8 L/yr - ₹5.5 L/yr

arrow icon 23% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 17% less
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City Union Bank Assistant Manager 1 Salary

4 - 8 years exp. (4 salaries)

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₹7.2 L/yr - ₹8.4 L/yr

arrow icon 114% more
Assistant Manager 1 salary at Utkarsh Small Finance Bank ranges between ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 67 latest salaries received from various employees of Utkarsh Small Finance Bank.

Latest annual salaries shared by Utkarsh Small Finance Bank Assistant Manager 1

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Experience wise Utkarsh Small Finance Bank Assistant Manager 1 salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.5 L/yr
2 years  (3 salaries)

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₹3.5 L/yr - ₹4.3 L/yr
3 years  (13 salaries)

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₹3 L/yr - ₹4.7 L/yr
4 years  (23 salaries)

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₹3 L/yr - ₹5 L/yr
5 years  (17 salaries)

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₹2.2 L/yr - ₹5 L/yr
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Similar Designation salaries in Utkarsh Small Finance Bank

Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2 L/yr - ₹4.5 L/yr
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₹2.5 L/yr - ₹8.23 L/yr
Team Manager Salary
(7 salaries)
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₹4.75 L/yr - ₹9 L/yr
Branch Manager Salary
(262 salaries)
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₹3.8 L/yr - ₹15 L/yr
Deputy Manager Salary
(242 salaries)
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₹4.05 L/yr - ₹9.5 L/yr
Sales Manager Salary
(138 salaries)
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₹2 L/yr - ₹8.22 L/yr
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₹1.8 L/yr - ₹7.59 L/yr
Senior Officer Salary
(7 salaries)
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₹1.8 L/yr - ₹4.2 L/yr
Team Lead Salary
(67 salaries)
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₹2 L/yr - ₹7.15 L/yr

Salary related reviews for Utkarsh Small Finance Bank

4.1

Rated by 18 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jul 2023

1.0
 for  Salary and Benefits

Likes

Very bad experience I'm waiting one month notice period but not getting my salary Very bad company Very bad HR department

read more

Dislikes

...nd and 4th Saturday leave.. (We don't get the same) 5. Even Sunday working on 7.As per mention in LOI 27k salary in hand but we got only 20k in hand 8. So we want change our department please. Hr not any person responce mail call I'm working 1 month notice period had completed but not getting notice period salary

read more
  • Salary - Bad
  • +6 more

Other Department

4.0
  •  posted on 10 Nov 2021

3.0
 for  Salary and Benefits

Likes

There is good working atmosphere and management is also helpful and if talk about job security there is no any job security

read more
  • Skill development - Good
  • +3 more

Dislikes

Everything is good but salary is very minimum and job security otherwise overall good

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 03 Nov 2024

2.0
 for  Salary and Benefits

Likes

My Branch total 7 days work holiday bank open sunday work salary firsht six month best salary but next six month salary is low insensitive not available clients emi self mannage bank total collection posting but od members cash self deposit I'm not satisfying in this bank

read more

Dislikes

I'm not satisfied utkarsh small finance bank work time work 16 hours salary low

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 29 Aug 2024

5.0
 for  Salary and Benefits

Likes

According to Utkarsh Small Finance Bank, they offer a unique work-life balance culture that helps employees focus on their work and live a healthy, stress-free life. They also offer a variety of employee-centric activities to help employees unwind and maintain a holistic approach to work-life balance.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Low salary: Some say that the salary is low and not comparable to other banks. For example, one reviewer says that engineering graduates start at 9,000 rupees per month, which is considered shameful. No promotions: Some say that there are no opportunities for promotion, and that hard work is not appreciated. Politics: Some say that there is too much politics in the workplace, and that superiors are not supportive. Long hours: Some say that MB branches have late working hours and heavy workloads. No time management: Some say that there is no time management. Manual work: Some say that there is too much manual work. No digital features: Some say that the bank lacks digital features. Pressure: Some say that the job is stressful.

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 25 Dec 2023

1.0
 for  Salary and Benefits

Likes

nothing actually

Dislikes

don't pay travel allowance which was promised. you are to work on holidays. toxic and demean you among colleagues, abusive language used and self esteem brought down. have made many cry and leave the job. the office politics, asking money when you are even 1 minute late. spiteful and no believing of you by management.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Utkarsh Small Finance Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Utkarsh Small Finance Bank ?
The average salary of a Assistant Manager 1 at Utkarsh Small Finance Bank in India typically ranges from ₹2.2 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Manager 1 at Utkarsh Small Finance Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Assistant Manager 1 Salaries at Utkarsh Small Finance 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 estimates are based on salary data submitted by 60+ Utkarsh Small Finance Bank employees in India.
What is the estimated take home salary of a Assistant Manager 1 at Utkarsh Small Finance Bank in India?
The estimated take-home salary of a Assistant Manager 1 at Utkarsh Small Finance Bank in India typically ranges from ₹26,826 to ₹28,238 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 60+ salaries received from various employees of Utkarsh Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Utkarsh Small Finance Bank for Assistant Manager 1 in India?
Canara Bank ₹9.5 Lakhs to ₹13.0 Lakhs per year
Federal Bank ₹7.5 Lakhs to ₹12.0 Lakhs per year
IDBI Bank ₹3.7 Lakhs to ₹15.0 Lakhs per year
City Union Bank ₹7.2 Lakhs to ₹8.4 Lakhs per year
Karur Vysya Bank ₹4.5 Lakhs to ₹8.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Utkarsh Small Finance Bank, depending on the role and experience level.
What is the salary of a Assistant Manager 1 in companies similar to Utkarsh Small Finance Bank in India?
The salary of a Assistant Manager 1 at companies similar to Utkarsh Small Finance Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jana Small Finance Bank ₹3.8 Lakhs to ₹5.5 Lakhs per year
Yes Bank ₹3.2 Lakhs to ₹4.8 Lakhs per year
IDFC FIRST Bank ₹3.1 Lakhs to ₹5.3 Lakhs per year
Axis Bank ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bandhan Bank ₹2.8 Lakhs to ₹4.5 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 Assistant Manager 1 at Utkarsh Small Finance Bank in India?
The salary growth for a Assistant Manager 1 at Utkarsh Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Utkarsh Small Finance Bank:

Experience Average Salary Range
1 year ₹1.4 Lakhs to ₹3.5 Lakhs per year
2 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.0 Lakhs to ₹4.7 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Utkarsh Small Finance Bank Assistant Manager 1 salary in India ranges between ₹2.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 67 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.