Yes Bank Manager M1 Salaries by 30+ Employees (Updated 2025)

1 - 13 years exp.

₹5.5 Lakhs - ₹10.1 Lakhs

Salary of majority employees

35% less than the average Manager M1 Salary in Banking Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 1 - 13 years exp. (11 salaries)	₹5.7 L/yr - ₹9 L/yr
Customer Success, Service & Operations Manager M1 Salary 3 - 13 years exp. (6 salaries)	₹6.5 L/yr - ₹8.5 L/yr
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Sales & Business Development Manager M1 Salary 4 - 9 years exp. (5 salaries)	₹5.7 L/yr - ₹10.1 L/yr
Finance & Accounting Manager M1 Salary 4 - 6 years exp. (4 salaries)	₹6.3 L/yr - ₹8.5 L/yr
Risk Management & Compliance Manager M1 Salary 5 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹9.2 L/yr

Last Updated: 8 Feb 2025

Companies similar to Yes Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 17 years exp. (2k salaries)	₹4.5 L/yr - ₹16 L/yr 36% more
Axis Bank Manager M1 Salary 5 - 13 years exp. (162 salaries)	₹4.4 L/yr - ₹10.6 L/yr 2% more
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HDFC Bank Manager M1 Salary 6 - 14 years exp. (140 salaries)	₹5 L/yr - ₹13.3 L/yr 11% more
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (46 salaries)	₹3.5 L/yr - ₹8.8 L/yr 15% less
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	₹5 L/yr - ₹9.5 L/yr 4% less
Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (44 salaries)	₹3 L/yr - ₹10 L/yr 21% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	₹5.7 L/yr - ₹11.9 L/yr 1% more
Bandhan Bank Manager M1 Salary 9 - 13 years exp. (10 salaries)	₹7.2 L/yr - ₹9.5 L/yr 10% more
Standard Chartered Manager M1 Salary 5 - 10 years exp. (6 salaries)	₹6.9 L/yr - ₹10 L/yr 21% more
IDBI Bank Manager M1 Salary 5 - 14 years exp. (5 salaries)	₹13.5 L/yr - ₹20 L/yr 135% more
Karur Vysya Bank Manager M1 Salary 6 - 12 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 4% less
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Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 21% less
Ujjivan Small Finance Bank Manager M1 Salary 5 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 29% less

Manager M1 salary at Yes Bank ranges between ₹5.5 Lakhs to ₹10.1 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 35 latest salaries received from various employees of Yes Bank.

Experience wise Yes Bank Manager M1 salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.5 L/yr
4 years (4 salaries)	₹6 L/yr - ₹8.1 L/yr
5 years (5 salaries)	₹6.3 L/yr - ₹9 L/yr
6 years (4 salaries)	₹5.7 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹9 L/yr
8 years (6 salaries)	₹7 L/yr - ₹10.1 L/yr
9 years (3 salaries)	₹5.7 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.7 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.7 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.7 L/yr

View all

Similar Designation salaries in Yes Bank

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₹3.5 L/yr - ₹12.83 L/yr

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₹5.75 L/yr - ₹16.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Team Lead Salary

(63 salaries)

₹1.5 L/yr - ₹10.3 L/yr

Branch Manager Salary

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₹6 L/yr - ₹23.5 L/yr

Deputy Manager Salary

(3.2k salaries)

₹2.25 L/yr - ₹9.06 L/yr

Program Manager Salary

(86 salaries)

₹8 L/yr - ₹24 L/yr

Project Manager Salary

(62 salaries)

₹5.9 L/yr - ₹22 L/yr

Cluster Manager Salary

(23 salaries)

₹4.8 L/yr - ₹16.05 L/yr

Service Manager Salary

(19 salaries)

₹3 L/yr - ₹9 L/yr

Salary related reviews for Yes Bank

3.8

Rated by 8 employees for salary & benefits

Relationship Manager in Nagpur

Full Time

Sales & Business Development Department

2.0

• posted on 20 Sep 2024

5.0

for Salary and Benefits

Likes

Only Branch Closing Timing is good as per other bank and package which they offer is good.

Salary - Excellent

+1 more

Dislikes

Worst Culture I have ever seen in any bank. They give you huge package so that no other bank can hire you and they don't have any customer base or portfolio of HNI clients and after this all they make you work like a sales executive. They don't have any data or any base where you get a leads only cold calling marketing activities make you survive over here. Account opening timing and service is pathetic. Just business matters no service is there in this bank for customer.

Skill development - Bad

+4 more

Relationship Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Their salary and benefits are better than other banks.

Dislikes

The culture of the bank is extremely bad and behaviour of higher authorities are worst. They have very shiny HR policies but in reality nothing works, HR will never come to solve your problem. Ratio of women employees are very low because they target women employees even the last branch manager has been transferred because of his inappropriate comments and this is very usual there. They target employees on personal level and using abusing and inappropriate language is very common.

Skill development - Bad

+5 more

Program Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 19 Sep 2023

3.0

for Salary and Benefits

Likes

Good place in terms of learning and developing knowledge in different verticals of the banking sector, gives opportunities for leverage your skills and follows open door policy to reach out to any seniors.

Skill development - Good

+3 more

Dislikes

Salary structure is comparatively below according to the market.

Branch Manager in Guntur

Full Time

Sales & Business Development Department

1.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

products

Dislikes

senior likes may can not stay and resigned hard earned bonus is taken back while resignation ( illegal to ask back performance bonus that is earned during last academic year ) if we work in this culsture and brand, its difficult to get job in other banks

Salary - Bad

+6 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2023

3.0

for Salary and Benefits

Likes

Quarterly incentive Quarterly domestic and international sales training contest Salary on time Extensive self learning resources

Skill development - Good

Dislikes

Comunication gap between top management and field resources Influential appraisal Dominancy in leadership rather than creating synergy

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Yes Bank

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a relationship manager

Advice required wrt - Which Bank to Join and Non breaching of Service Agreement

Dear All, I am currently working as a RM drawing a salary around 8.5 LPA having a banking experience of 2 years and total work experience in Sales of 4 years. I am looking forward to a role as Wealth RM/Affluent RM. Which Bank should I focus more to grow higher and faster? Also, In my current organisation there is a service agreement of 2 years which will be completing in beginning of May, I want to ask if I not want to break this agreement and don’t want to pay anything to my current organisation, which scenario will not attract any compensation to company:- 1. I should wait till the 2 years completion then put resignation. 2. I can put resignation but my reliving date should be later than my 2 years completion. 3. I can put resignation post 1st April, as I am having 90 days notice period, 2 years completion agreement will not hamper and can request for early relieving post 2 years completion date. Please guide here.

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Yes Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at Yes Bank ?

The average salary of a Manager M1 at Yes Bank in India typically ranges from ₹5.5 Lakhs to ₹10.1 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Manager M1 at Yes Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.1 Lakhs per year. Manager M1 Salaries at Yes 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 30+ Yes Bank employees in India.

What is the estimated take home salary of a Manager M1 at Yes Bank in India?

The estimated take-home salary of a Manager M1 at Yes Bank in India typically ranges from ₹56,095 to ₹57,501 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹10.1 Lakhs per year for employees with experience ranging from 1 year to 13 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 30+ salaries received from various employees of Yes Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Yes Bank for Manager M1 in India?

IDBI Bank	₹13.5 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹16.0 Lakhs per year
Standard Chartered	₹6.9 Lakhs to ₹10.0 Lakhs per year
HDFC Bank	₹5.0 Lakhs to ₹13.3 Lakhs per year
Bandhan Bank	₹7.2 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Yes Bank, depending on the role and experience level.

What is the salary of a Manager M1 in companies similar to Yes Bank in India?

The salary of a Manager M1 at companies similar to Yes Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹4.4 Lakhs to ₹10.6 Lakhs per year
RBL Bank	₹5.7 Lakhs to ₹11.9 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank	₹5.0 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹3.5 Lakhs to ₹8.8 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 Manager M1 at Yes Bank in India?

The salary growth for a Manager M1 at Yes Bank depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Yes Bank:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹8.0 Lakhs per year
2 years	₹6.4 Lakhs to ₹8.0 Lakhs per year
3 years	₹6.5 Lakhs to ₹13.5 Lakhs per year
4 years	₹6.0 Lakhs to ₹8.1 Lakhs per year

and so on.

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Yes Bank Manager M1 Salaries

Yes Bank Manager M1 salary in India ranges between ₹5.5 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Yes Bank latest salaries received from various employees of Yes Bank.