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

Annual salary range
4 - 12 years exp.
₹2.5 Lakhs - ₹8.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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49% less than the average Operations Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
5 - 12 years exp. (11 salaries)
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₹3.3 L/yr - ₹8.2 L/yr

Customer Success, Service & Operations
Operations Manager Salary
4 - 10 years exp. (8 salaries)
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₹2.9 L/yr - ₹8 L/yr

Finance & Accounting
Operations Manager Salary
4 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

Last Updated: 2 Apr 2025

Companies similar to Utkarsh Small Finance Bank for Operations Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Operations Manager Salary

0 - 18 years exp. (693 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 38% more
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (509 salaries)

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₹2.6 L/yr - ₹11.1 L/yr

arrow icon 22% more
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Axis Bank Operations Manager Salary

1 - 14 years exp. (470 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 31% more
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (257 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 19% more
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (188 salaries)

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₹2.8 L/yr - ₹11.6 L/yr

arrow icon 31% more
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IndusInd Bank Operations Manager Salary

1 - 12 years exp. (144 salaries)

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₹1.8 L/yr - ₹10.2 L/yr

arrow icon 2% more
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Yes Bank Operations Manager Salary

1 - 16 years exp. (153 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 37% more
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RBL Bank Operations Manager Salary

5 - 13 years exp. (83 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 29% more
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₹1.8 L/yr - ₹8 L/yr

arrow icon 29% less
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Bandhan Bank Operations Manager Salary

3 - 12 years exp. (52 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 8% more
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₹2.8 L/yr - ₹10 L/yr

arrow icon 11% less
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₹8.5 L/yr - ₹19.2 L/yr

arrow icon 176% more
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IDBI Bank Operations Manager Salary

6 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 165% more
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Federal Bank Operations Manager Salary

3 - 12 years exp. (10 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 121% more
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Paytm Payments Bank Operations Manager Salary

3 - 11 years exp. (10 salaries)

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₹3.9 L/yr - ₹13 L/yr

arrow icon 43% more
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Karur Vysya Bank Operations Manager Salary

1 - 11 years exp. (11 salaries)

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₹2.7 L/yr - ₹9.1 L/yr

arrow icon 11% less
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City Union Bank Operations Manager Salary

2 - 6 years exp. (7 salaries)

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₹4.8 L/yr - ₹9.5 L/yr

arrow icon 3% more
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Mashreq Bank Operations Manager Salary

4 - 17 years exp. (6 salaries)

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₹9.7 L/yr - ₹25.6 L/yr

arrow icon 199% more
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₹7 L/yr - ₹12 L/yr

arrow icon 71% more
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Canara Bank Operations Manager Salary

8 - 12 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 128% more
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Operations Manager salary at Utkarsh Small Finance Bank ranges between ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 29 latest salaries received from various employees of Utkarsh Small Finance Bank.

Latest annual salaries shared by Utkarsh Small Finance Bank Operations Manager

2d ago
₹8 Lakhs
10 years exp.
3w ago
₹5.5 Lakhs
5 years exp.
1mo ago
₹8.2 Lakhs
12 years exp.
5mo ago
₹5.5 Lakhs
4 years exp.
7mo ago
₹8 Lakhs
11 years exp.
7mo ago
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6 years exp.
7mo ago
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12 years exp.
9mo ago
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5 years exp.
1y ago
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5 years exp.
1y ago
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11 years exp.

Experience wise Utkarsh Small Finance Bank Operations Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹3 L/yr - ₹5.5 L/yr
5 years  (5 salaries)

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₹2.5 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
7 years  (4 salaries)

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₹2.9 L/yr - ₹6.5 L/yr
8 years  (3 salaries)

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₹5 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in Utkarsh Small Finance Bank

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₹1.25 L/yr - ₹7.59 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 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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₹3.67 L/yr - ₹14 L/yr
Area Manager Salary
(37 salaries)
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₹3.5 L/yr - ₹9 L/yr
Deputy Manager Salary
(242 salaries)
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₹4.05 L/yr - ₹9.5 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Project Manager Salary
(11 salaries)
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₹7.2 L/yr - ₹16 L/yr
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₹1.56 L/yr - ₹3 L/yr
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₹8.1 L/yr - ₹14 L/yr

Top skills at Utkarsh Small Finance Bank for Operations Manager

Training Business Continuity Planning Operational Risk RCM Problem Management Operations Management Operations Bcp Data Center Management Audit Compliance Data Center Operations Security operations VMware Linux Service management

Salary related reviews for Utkarsh Small Finance Bank

3.4

Rated by 14 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

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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

Customer Success, Service & Operations Department

4.0
  •  posted on 28 Dec 2021

3.0
 for  Salary and Benefits

Likes

Company environment is good. Job security. Team work is best. Utkarsh is better than another small finance company. Company policy is good.

read more
  • Skill development - Good
  • +1 more

Dislikes

There is no time limit for field workers. Field work is not for ladies. Salary is not enough for field workers.

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

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Dislikes

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

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  • 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 Operations Manager Salary FAQs

What is the salary of Operations Manager at Utkarsh Small Finance Bank ?
The average salary of a Operations Manager at Utkarsh Small Finance Bank in India typically ranges from ₹2.5 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Operations Manager at Utkarsh Small Finance Bank earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Operations 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 Operations Manager at Utkarsh Small Finance Bank in India?
The estimated take-home salary of a Operations Manager at Utkarsh Small Finance Bank in India typically ranges from ₹42,411 to ₹43,541 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 4 years to 12 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 Operations Manager at Utkarsh Small Finance Bank ?
To be a Operations Manager at Utkarsh Small Finance Bank in india, the key skills required include:

  • - Training
  • - Business Continuity Planning
  • - Operational Risk
  • - RCM
  • - Problem Management

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 Operations Manager in India?
Mashreq Bank ₹9.7 Lakhs to ₹25.6 Lakhs per year
HSBC Global Banking and Markets ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India ₹10.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹23.0 Lakhs per year
Karnataka Bank ₹5.0 Lakhs to ₹20.0 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 Operations Manager in companies similar to Utkarsh Small Finance Bank in India?
The salary of a Operations Manager 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:

Canara Bank ₹12.0 Lakhs to ₹13.5 Lakhs per year
Federal Bank ₹5.0 Lakhs to ₹16.0 Lakhs per year
South Indian Bank ₹9.9 Lakhs to ₹13.0 Lakhs per year
Central Bank of India ₹10.0 Lakhs to ₹12.0 Lakhs per year
The Saraswat Co-operative Bank ₹7.0 Lakhs to ₹12.0 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 Operations Manager at Utkarsh Small Finance Bank in India?
The salary growth for a Operations Manager at Utkarsh Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Utkarsh Small Finance Bank:

Experience Average Salary Range
4 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹2.5 Lakhs to ₹5.5 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
7 years ₹2.9 Lakhs to ₹6.5 Lakhs per year
and so on.

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Utkarsh Small Finance Bank Operations Manager salary in India ranges between ₹2.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.