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Bank Manager Salary in India | 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 in India per month and on yearly basis of all the Government and Private Banks. Salaries of Bank Manager are given as per the 7th CPC.

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

Bank Manager Salary in India

Bank Manager Salary Structure:

SalaryRs. 296k – Rs.1m
BonusRs. 10k – Rs.295k
Profit SharingRs. 3k – Rs.102k
Total PayRs. 311k – Rs.1m

Bank Manager Salaries of Popular Employers (As Per Government & Private Bank):

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

 Check Out Post Wise: Bank Salary

Popular Skills for Bank Managers:

PopularityAvg. Bank Manager Salary
BankingRs. 818,163
Customer ServiceRs. 700,405
Business DevelopmentRs. 794,440
Operations ManagementRs. 800,000
People ManagementRs. 785,010

Pay by Experience Level for Bank Managers:

Experience LevelAverage Pay (including tips, bonus,
and overtime pay)
with less than 1 year experienceRs. 625,710
with 1-4 years of experienceRs. 578,585
with 5-9 years of experienceRs. 755,388
with 10-19 years of experienceRs. 882,496
20 years and higherRs. 1,017,365

Must Read About: 7th Pay Commission Salary Calculator

Location Wise Difference in Pay Scale of Bank Managers:

Chennai, Tamil Nadu12%
Mumbai, Maharashtra7%
Hyderabad, Andhra Pradesh6%
Bangalore, Karnataka4%
Delhi, Delhi1%
Kolkata, West Bengal3%
Lucknow, Uttar Pradesh32%

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

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

Must Check: List Of Banks Under IBPS

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 NameAverage Annual Salary
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 is useful for you. Stay in touch with us by bookmarking our web portal for more similar updates.

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