Utkarsh Small Finance Bank Deputy Manager Grade 2 Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹5.7 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 4 - 6 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Grade 2 Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.2 L/yr
Customer Success, Service & Operations Deputy Manager Grade 2 Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 4 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 14 Mar 2025

Companies similar to Utkarsh Small Finance Bank for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Grade 2 Salary 0 - 15 years exp. (2.8k salaries)	₹3 L/yr - ₹11 L/yr 18% more
Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 10 years exp. (790 salaries)	₹2.6 L/yr - ₹7 L/yr 22% less
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HDFC Bank Deputy Manager Grade 2 Salary 2 - 11 years exp. (333 salaries)	₹3.6 L/yr - ₹7.8 L/yr 10% less
Axis Bank Deputy Manager Grade 2 Salary 3 - 12 years exp. (134 salaries)	₹3.5 L/yr - ₹8.7 L/yr 8% more
IndusInd Bank Deputy Manager Grade 2 Salary 2 - 11 years exp. (132 salaries)	₹2.8 L/yr - ₹6 L/yr 29% less
Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary 2 - 9 years exp. (48 salaries)	₹3 L/yr - ₹7 L/yr 25% less
IDFC FIRST Bank Deputy Manager Grade 2 Salary 1 - 9 years exp. (37 salaries)	₹3.3 L/yr - ₹9.8 L/yr 10% less
Yes Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (34 salaries)	₹4 L/yr - ₹7 L/yr 10% less
RBL Bank Deputy Manager Grade 2 Salary 0 - 11 years exp. (12 salaries)	₹5 L/yr - ₹6.6 L/yr 16% less
Bandhan Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (8 salaries)	₹4.5 L/yr - ₹5.8 L/yr 17% less
City Union Bank Deputy Manager Grade 2 Salary 1 - 13 years exp. (5 salaries)	₹10 L/yr - ₹11 L/yr 70% more
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The Saraswat Co-operative Bank Deputy Manager Grade 2 Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 35% more

Deputy Manager Grade 2 salary at Utkarsh Small Finance Bank ranges between ₹5.7 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Utkarsh Small Finance Bank.

Experience wise Utkarsh Small Finance Bank Deputy Manager Grade 2 salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

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Salary related reviews for Utkarsh Small Finance Bank

Sales Executive in Rohtak

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.

Salary - Bad

+6 more

Branch Manager in Prayagraj / Allahabad

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

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

Salary - Bad

+6 more

Sales Executive in Nalanda

Full Time

Sales & Business Development Department

2.0

• posted on 12 Feb 2023

3.0

for Salary and Benefits

Likes

Salary is ok and learner new things like how to talk customer of different ways because this is fully field work

Dislikes

Seniors behaviour is rediculous they always harass they create dramas and not wanted you to focus on your goal sheet They are very hard to handle

Skill development - Poor

+5 more

Sales Executive in New Delhi

Full Time

Other Department

3.0

• posted on 14 May 2023

3.0

for Salary and Benefits

Likes

HR Policy is Good, I was working under with Respective Team Manager "Mr Umar Khan", And Branch Manager "Mr Abhishek Arora" Mr Umar Khan Nature was good, Fantastic Journey in Utkarsh Bank

Skill development - Good

+1 more

Dislikes

More Pressurised by Branch Manager Mostly Saturday Sunday was working, No Rest and I did not much satisfied with my salary, My salary was 15156 (in hand) which was not sufficient as per my past experience in banking I had want more career growth in my life

Job security - Poor

+2 more

Customer Service Executive in Nagpur

Full Time

Ramtek Department

5.0

• posted on 02 Oct 2020

1.0

for Salary and Benefits

Likes

...u.. Work Itna Jada Hai.. Subah 8 bje se raat ke 11 bje tk work chalta rhta hai.. But Salary In Hand 10500 Milti Hai... Ye Kaha Ka Rule Hai.. RBI ka Aur Small Finance Bank ka.. Salary Kam Aur Work Jyada.. RBI humari Kuch Help Krde Aur Salary Me Increament Karwa De please Sir... Any One Help Me please

Skill development - Excellent

Dislikes

Work Overload And Salary Is To Low.. Only 10500 Per Month Why... How The Decided The Salry Of Customer Service Officer... Kam Khtm Hi Nahi Hota rat Ke 11 bje Tk

Salary - Bad

+5 more

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Utkarsh Small Finance Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Utkarsh Small Finance Bank ?

The average salary of a Deputy Manager Grade 2 at Utkarsh Small Finance Bank in India typically ranges from ₹5.7 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Deputy Manager Grade 2 at Utkarsh Small Finance Bank earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Deputy Manager Grade 2 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 4 Utkarsh Small Finance Bank employees in India.

What is the estimated take home salary of a Deputy Manager Grade 2 at Utkarsh Small Finance Bank in India?

The estimated take-home salary of a Deputy Manager Grade 2 at Utkarsh Small Finance Bank in India typically ranges from ₹47,801 to ₹48,932 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years 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 4 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 Deputy Manager Grade 2 in India?

City Union Bank	₹10.0 Lakhs to ₹11.0 Lakhs per year
The Saraswat Co-operative Bank	₹8.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹11.0 Lakhs per year
Axis Bank	₹3.5 Lakhs to ₹8.7 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 Deputy Manager Grade 2 in companies similar to Utkarsh Small Finance Bank in India?

The salary of a Deputy Manager Grade 2 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:

IDFC FIRST Bank	₹3.3 Lakhs to ₹9.8 Lakhs per year
HDFC Bank	₹3.6 Lakhs to ₹7.8 Lakhs per year
Yes Bank	₹4.0 Lakhs to ₹7.0 Lakhs per year
RBL Bank	₹5.0 Lakhs to ₹6.6 Lakhs per year
Bandhan Bank	₹4.5 Lakhs to ₹5.8 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 Deputy Manager Grade 2 at Utkarsh Small Finance Bank in India?

The salary growth for a Deputy Manager Grade 2 at Utkarsh Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at Utkarsh Small Finance Bank:

Experience	Average Salary Range
4 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
5 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
6 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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Utkarsh Small Finance Bank Deputy Manager Grade 2 Salaries

Utkarsh Small Finance Bank Deputy Manager Grade 2 salary in India ranges between ₹5.7 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.