Upload Button Icon Add office photos
filter salariesFilter salaries by

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

Annual salary range
6 - 16 years exp.
₹6.3 Lakhs - ₹17 Lakhs
Salary of majority employees
unlock blur
unlock blur

39% less than the average Manager Salary in Banking Companies for 6 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Manager Salary
9 - 16 years exp. (12 salaries)
unlock-blur

₹6.4 L/yr - ₹11.5 L/yr

Finance & Accounting
Manager Salary
6 - 8 years exp. (5 salaries)
unlock-blur

₹6.3 L/yr - ₹17 L/yr

Data Science & Analytics
Manager Salary
6 years exp. (AmbitionBox Estimate)
unlock-blur

₹7.6 L/yr - ₹11.7 L/yr

Last Updated: 8 Mar 2025

Companies similar to Utkarsh Small Finance Bank for Manager in Mumbai

Logo
Utkarsh Small Finance Bank Manager Salary

6 - 16 years exp. (22 salaries)

unlock blur

₹6.3 L/yr - ₹17 L/yr

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

0 - 18 years exp. (3.3k salaries)

unlock blur

₹5.2 L/yr - ₹17.5 L/yr

At par
Logo
Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (1.9k salaries)

unlock blur

₹4 L/yr - ₹13 L/yr

arrow icon 17% less
Logo
Axis Bank Manager Salary

0 - 18 years exp. (1.7k salaries)

unlock blur

₹5.5 L/yr - ₹17.2 L/yr

arrow icon 2% more
Logo
ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

unlock blur

₹6 L/yr - ₹22.4 L/yr

arrow icon 25% more
Logo
Yes Bank Manager Salary

0 - 17 years exp. (895 salaries)

unlock blur

₹4.3 L/yr - ₹16 L/yr

arrow icon 10% less
Logo
IndusInd Bank Manager Salary

0 - 17 years exp. (623 salaries)

unlock blur

₹3.4 L/yr - ₹12 L/yr

arrow icon 23% less
2 job openings
Logo
IDFC FIRST Bank Manager Salary

1 - 14 years exp. (488 salaries)

unlock blur

₹3.7 L/yr - ₹13.1 L/yr

arrow icon 13% less
Logo
RBL Bank Manager Salary

2 - 16 years exp. (292 salaries)

unlock blur

₹4.2 L/yr - ₹15.7 L/yr

arrow icon 12% less
Logo
IDBI Bank Manager Salary

6 - 17 years exp. (180 salaries)

unlock blur

₹9.1 L/yr - ₹29 L/yr

arrow icon 93% more
Logo
The Saraswat Co-operative Bank Manager Salary

5 - 18 years exp. (95 salaries)

unlock blur

₹6 L/yr - ₹18 L/yr

arrow icon 10% more
Logo
Canara Bank Manager Salary

4 - 14 years exp. (59 salaries)

unlock blur

₹8.5 L/yr - ₹25 L/yr

arrow icon 68% more
Logo
Federal Bank Manager Salary

3 - 12 years exp. (56 salaries)

unlock blur

₹9 L/yr - ₹23 L/yr

arrow icon 71% more
Logo
Union Bank of India Manager Salary

5 - 13 years exp. (53 salaries)

unlock blur

₹7 L/yr - ₹24 L/yr

arrow icon 53% more
Logo
Bandhan Bank Manager Salary

4 - 14 years exp. (33 salaries)

unlock blur

₹5.9 L/yr - ₹12 L/yr

arrow icon 15% less
Logo
South Indian Bank Manager Salary

6 - 13 years exp. (25 salaries)

unlock blur

₹9 L/yr - ₹25 L/yr

arrow icon 73% more
Logo
Jana Small Finance Bank Manager Salary

4 - 12 years exp. (20 salaries)

unlock blur

₹3.9 L/yr - ₹10 L/yr

arrow icon 32% less
Logo
Karur Vysya Bank Manager Salary

6 - 14 years exp. (20 salaries)

unlock blur

₹7 L/yr - ₹20.4 L/yr

arrow icon 44% more
Logo
Karnataka Bank Manager Salary

6 - 13 years exp. (11 salaries)

unlock blur

₹10 L/yr - ₹20 L/yr

arrow icon 44% more
Logo
Central Bank of India Manager Salary

5 - 8 years exp. (8 salaries)

unlock blur

₹9 L/yr - ₹18 L/yr

arrow icon 49% more
unlock blur

₹11 L/yr - ₹17.2 L/yr

arrow icon 42% more
View all
Manager salary at Utkarsh Small Finance Bank ranges between ₹6.3 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 22 latest salaries received from various employees of Utkarsh Small Finance Bank.

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

3w ago
avg blur mobile
16 years exp.
3w ago
avg blur mobile
15 years exp.
3w ago
avg blur mobile
7 years exp.
1mo ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
7 years exp.

Experience wise Utkarsh Small Finance Bank Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
6 years  (3 salaries)

unlock blur

₹7.6 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹10.1 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹9.7 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹9.4 L/yr - ₹12.1 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹9.3 L/yr - ₹11.8 L/yr
View all

Similar Designation salaries in Utkarsh Small Finance Bank

Deputy Manager Salary
(26 salaries)
unlock blur
₹4.3 L/yr - ₹9.5 L/yr
Credit Manager Salary
(12 salaries)
unlock blur
₹3.85 L/yr - ₹7.5 L/yr
unlock blur
₹12 L/yr - ₹12.8 L/yr

Top skills at Utkarsh Small Finance Bank for Manager

IFRS Chartered Accountant Predictive Modeling Machine Learning Python

Salary related reviews for Utkarsh Small Finance Bank

2.7

Rated by 4 employees for salary & benefits

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Aug 2022

1.0
 for  Salary and Benefits

Likes

1. Being a fresher, the company has a lot to offer. New products are being launched as company is at growing stage.

Dislikes

...people mostly who are least interested in those activities, hence is a waste. 2. Low salary as compared to work being done, especially at prime location branches. 3. A lot of manual work, like A LOTTTT!

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Nov 2020

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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

Discover interview dos and don'ts from real experiences

Utkarsh Small Finance Bank Manager Salary FAQs

What is the salary of Manager at Utkarsh Small Finance Bank in Mumbai?
The average salary of a Manager at Utkarsh Small Finance Bank in Mumbai typically ranges from ₹6.3 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Manager in Mumbai at Utkarsh Small Finance Bank earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. 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 20+ Utkarsh Small Finance Bank employees in India.
What is the estimated take home salary of a Manager at Utkarsh Small Finance Bank in Mumbai?
The estimated take-home salary of a Manager at Utkarsh Small Finance Bank in Mumbai typically ranges from ₹72,714 to ₹74,590 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 6 years to 16 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 20+ 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 Manager at Utkarsh Small Finance Bank in Mumbai?
To be a Manager at Utkarsh Small Finance Bank in Mumbai, the key skills required include:

  • - IFRS
  • - Chartered Accountant
  • - Predictive Modeling
  • - Machine Learning
  • - Python

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 Manager in India?
Emirates NBD ₹14.8 Lakhs to ₹40.0 Lakhs per year
IDBI Bank ₹9.1 Lakhs to ₹29.0 Lakhs per year
Paytm Payments Bank ₹10.0 Lakhs to ₹26.0 Lakhs per year
South Indian Bank ₹9.0 Lakhs to ₹25.0 Lakhs per year
Federal Bank ₹9.0 Lakhs to ₹23.0 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 Manager in companies similar to Utkarsh Small Finance Bank in Mumbai?
The salary of a 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:

Canara Bank ₹8.5 Lakhs to ₹25.0 Lakhs per year
Union Bank of India ₹7.0 Lakhs to ₹24.0 Lakhs per year
Central Bank of India ₹9.0 Lakhs to ₹18.0 Lakhs per year
Karur Vysya Bank ₹7.0 Lakhs to ₹20.4 Lakhs per year
Karnataka Bank ₹10.0 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 Manager at Utkarsh Small Finance Bank in Mumbai?
The salary growth for a Manager at Utkarsh Small Finance Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Utkarsh Small Finance Bank:

Experience Average Salary Range
6 years ₹7.6 Lakhs to ₹17.0 Lakhs per year
7 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
8 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
9 years ₹9.4 Lakhs to ₹12.1 Lakhs per year
and so on.

Tell us how to improve this page.

Utkarsh Small Finance Bank Manager salary in Mumbai ranges between ₹6.3 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.