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Bank Manager Salary in India 2023 | All Govt/Private Bank 7th CPC Salaries

Bank Manager Salary

The role of Bank Manager is to supervise and manage the bank branch. Bank Manager needs to assist the customers, supervise the bank employees and has to provide quality customer service. If you want to join bank under the manager position then check out Bank Manager Salary per month and on yearly basis of all the Government and Private Banks. Salaries of Bank Manager 2023 in India are given as per the 7th CPC.


Bank Manager Salary in India 2023 | All Govt/Private Bank 7th CPC Salaries

Average Bank Manager Salary in India is Rs. 757,942/-

Bank Manager Salary in India

Bank Manager Salary Structure

Bank Manager Salary in Hand Rs. 296k – Rs.1m
Bonus Rs. 10k – Rs.295k
Profit Sharing Rs. 3k – Rs.102k
Total Pay Rs. 311k – Rs.1m

Bank Manager Salaries of Popular Employers

(As Per Government & Private Bank)

Check Out Govt Bank Manager Salary and Private Bank Manager Salary from below:

Bank Manager Salary SBI (State Bank of India) Rs. 9,88,936 (SBI Bank Manager Salary)
Union Bank of India Rs. 600,000
UCO Bank Rs. 786,108
Axis Bank Rs. 1,375,000
HDFC Bank Pvt Ltd Rs. 900,000
ICICI Bank Rs. 550,000

Check Out Post Wise: Bank Salary

Popular Skills for Bank Managers:

Popularity Avg. Bank Manager Salary
Banking Rs. 818,163
Customer Service Rs. 700,405
Business Development Rs. 794,440
Operations Management Rs. 800,000
People Management Rs. 785,010

Pay by Experience Level for Bank Managers:

Experience Level Bank Manager Average Salary in India (including tips, bonus,
and overtime pay)
with less than 1 year experience Rs. 625,710
with 1-4 years of experience Rs. 578,585
with 5-9 years of experience Rs. 755,388
with 10-19 years of experience Rs. 882,496
20 years and higher Rs. 1,017,365

Location Wise Difference in Pay Scale of Bank Managers:

Bank Manager Salary in Chennai, Tamil Nadu 12%
Bank Manager Salary in Mumbai, Maharashtra 7%
Bank Manager Salary in Hyderabad, Andhra Pradesh 6%
Bank Manager Salary in Bangalore, Karnataka 4%
Bank Manager Salary Delhi, Delhi 1%
Bank Manager Salary in Kolkata, West Bengal 3%
Bank Manager Salary in Lucknow, Uttar Pradesh (Bank Manager Salary in UP) 32%

Must Check: How to Get Bank Jobs

Salary of Bank Manager in India (As per Bank):

Bank Name Bank Manager Pay Scale
Bank of Baroda Rs. 39,001/mo
Syndicate Bank Rs. 60,924/mo
The Federal Bank Rs. 48K – ₹53K
Bank Manager Salary PNB
(Punjab National Bank)
Rs. 427K – ₹805K
J&K Bank Rs. 75K – ₹83K
Bank of America Rs. 415K – ₹454K
Bank Manager Salary Canara Bank Rs. 49K – ₹53K
Bank of India Rs. 224K – ₹244K
Bandhan Bank Rs. 752K – ₹820K
Corporation Bank Rs. 42K – ₹46K
Punjab and Sind Bank Rs. 1,175K – ₹1,272K
United Bank of India Rs. 776K – ₹852K
Tamilnadu Mercantile Bank Rs. 143K – ₹155K
Madhya Bihar Gramin Bank Rs. 58K – ₹64K

How to Become a Bank Branch Manager?

For becoming a bank manager, candidates needs to have a bachelor’s degree in business administration, accounting, finance or any relevant field. After that the person needs to have a banking experience of different types of banking services such as knowledge of investment, leadership, customer service skills etc. For getting promotion into higher position, candidates needs to have a master’s degree in finance, economics or any other related field.

Career Requirements:

  • Degree Level: Bachelor’s degree
  • Degree Field(s): Accounting, business administration, or finance
  • Experience: 5+ years
  • Key Skills: Customer service, accounting, decision-making, communication and time management skills.

Find Out Latest: Latest Bank Jobs

Senior Manager Salary in Banks:

Bank Name Senior Bank Manager Salaries
Bank of India (3-31 yrs experience) Rs. 12.3L
Bank of America (10-18 yrs experience) Rs. 24.3L
HSBC (7-20 yrs experience) Rs. 23.6L
ICICI Bank (0-18 yrs experience) Rs. 23.6L
HDFC Bank (7-19 yrs experience) Rs. 12L
Axis Bank (8-16 yrs experience) Rs. 10.9L
Kotak Mahindra Bank (4-16 yrs experience) Rs. 9.9L
Indusind Bank (6-14 yrs experience) Rs. 8.4L

We the team of recruitmentresult.com hopes that the information provided above regarding Bank Manager Salary in India Per Month is useful for you. Stay in touch with us by bookmarking our web portal for more updates about Private Bank Manager Salary in India Per Month, Government Bank Manager Salary in India Per Month, Banking Manager Yearly Salary.

Bank Manager –wikipedia

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