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Utkarsh Small Finance Bank

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Utkarsh Small Finance Bank IT Manager salaries in Mumbai (Updated 2025)

Annual salary range
9 - 14 years exp.
₹6.2 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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28% less than the average IT Manager Salary in Banking Companies for 9 - 14 years of experience

Interested in this particular role?

Last Updated: 19 Mar 2025

Companies similar to Utkarsh Small Finance Bank for IT Manager in Mumbai

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Utkarsh Small Finance Bank IT Manager Salary

9 - 14 years exp. (7 salaries)

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₹6.2 L/yr - ₹13.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank IT Manager Salary

2 - 12 years exp. (77 salaries)

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₹5.5 L/yr - ₹20 L/yr

arrow icon 23% more
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Axis Bank IT Manager Salary

1 - 12 years exp. (48 salaries)

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₹9.7 L/yr - ₹16.3 L/yr

arrow icon 39% more
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RBL Bank IT Manager Salary

1 - 9 years exp. (40 salaries)

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₹4.8 L/yr - ₹14.5 L/yr

arrow icon 6% more
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IndusInd Bank IT Manager Salary

5 - 12 years exp. (25 salaries)

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₹5.9 L/yr - ₹22.5 L/yr

arrow icon 42% more
8 job openings
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IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (18 salaries)

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₹6.3 L/yr - ₹19.5 L/yr

arrow icon 22% more
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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (11 salaries)

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₹11 L/yr - ₹18.5 L/yr

arrow icon 36% more
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Yes Bank IT Manager Salary

1 - 3 years exp. (5 salaries)

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₹16.6 L/yr - ₹18 L/yr

arrow icon 69% more
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IDBI Bank IT Manager Salary

3 - 9 years exp. (4 salaries)

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₹12 L/yr - ₹19.3 L/yr

arrow icon 64% more
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Union Bank of India IT Manager Salary

7 - 11 years exp. (3 salaries)

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₹10 L/yr - ₹13.4 L/yr

arrow icon 9% more
IT Manager salary at Utkarsh Small Finance Bank ranges between ₹6.2 Lakhs to ₹13.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Utkarsh Small Finance Bank.

Latest annual salaries shared by Utkarsh Small Finance Bank IT Manager in Mumbai

1w ago
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10 years exp.
1y ago
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14 years exp.
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13 years exp.

Experience wise Utkarsh Small Finance Bank IT Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.3 L/yr
10 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
11 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.8 L/yr
12 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
13 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr
View all

Similar Designation salaries in Utkarsh Small Finance Bank

Deputy Manager Salary
(26 salaries)
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₹4.3 L/yr - ₹9.5 L/yr
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₹4.86 L/yr - ₹8.23 L/yr

Top skills at Utkarsh Small Finance Bank for IT Manager

TDS VAT Accounting Software Tally Accounting Payroll Software

Salary related reviews for Utkarsh Small Finance Bank

3.0

Rated by 2 employees for salary & benefits

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

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 07 Feb 2024

3.0
 for  Salary and Benefits

Likes

Continuous hiring freshers without any banking background. Job security. And timely salary credit.

read more
  • Job security - Good
  • +1 more

Dislikes

Poor work culture from top management. Poor work-life balance, Extremely less leaves granted by reporting managers.

  • Company culture - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 02 Aug 2024

1.0
 for  Salary and Benefits

Likes

They expect you to work 9am to till 9 pm

Dislikes

...operations, they start asking u about ur daily business after 2 days of joining. Low salary, no allowance plus alot of pressure with toxic environment. They take every commitment on mail and pressure u alot . 8 of 10 staff u will find on resignation Such toxic company it is. U can’t survive for 2. Month also

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

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Utkarsh Small Finance Bank IT Manager Salary FAQs

What is the salary of IT Manager at Utkarsh Small Finance Bank in Mumbai?
The average salary of a IT Manager at Utkarsh Small Finance Bank in Mumbai typically ranges from ₹6.2 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of IT Manager in Mumbai at Utkarsh Small Finance Bank earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. IT Manager 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 7 Utkarsh Small Finance Bank employees in India.
What is the estimated take home salary of a IT Manager at Utkarsh Small Finance Bank in Mumbai?
The estimated take-home salary of a IT Manager at Utkarsh Small Finance Bank in Mumbai typically ranges from ₹71,956 to ₹73,811 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 Utkarsh Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a IT Manager at Utkarsh Small Finance Bank in Mumbai?
To be a IT Manager at Utkarsh Small Finance Bank in Mumbai, the key skills required include:

  • - TDS
  • - VAT
  • - Accounting Software
  • - Tally
  • - Accounting

These skills are highly valued at Utkarsh Small Finance Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Utkarsh Small Finance Bank for IT Manager in India?
Yes Bank ₹16.6 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹19.3 Lakhs per year
IndusInd Bank ₹5.9 Lakhs to ₹22.5 Lakhs per year
Axis Bank ₹9.7 Lakhs to ₹16.3 Lakhs per year
Kotak Mahindra Bank ₹11.0 Lakhs to ₹18.5 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 IT Manager in companies similar to Utkarsh Small Finance Bank in Mumbai?
The salary of a IT Manager at companies similar to Utkarsh Small Finance Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹5.5 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank ₹6.3 Lakhs to ₹19.5 Lakhs per year
Union Bank of India ₹10.0 Lakhs to ₹13.4 Lakhs per year
RBL Bank ₹4.8 Lakhs to ₹14.5 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 IT Manager at Utkarsh Small Finance Bank in Mumbai?
The salary growth for a IT Manager at Utkarsh Small Finance Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at Utkarsh Small Finance Bank:

Experience Average Salary Range
9 years ₹9.7 Lakhs to ₹12.3 Lakhs per year
10 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
11 years ₹9.3 Lakhs to ₹11.8 Lakhs per year
12 years ₹9.1 Lakhs to ₹11.6 Lakhs per year
and so on.

Tell us how to improve this page.

Utkarsh Small Finance Bank IT Manager salary in Mumbai ranges between ₹6.2 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.