Bank Manager Salary in India

₹7,87,500
per year
per month
₹42,660
per month
per year
Bonus
₹53,200/year
Profit Sharing
₹4,91,200/year
Bonus
₹2,880/month
Profit Sharing
₹26,610/month

Bank Manager - Average Salary

The average salary for a Bank Manager is ₹7,87,500 per year (₹42,660 per month), which is ₹4,00,000 (+103%) higher than the national average salary in India.
A Bank Manager can expect an average starting salary of ₹3,15,600. The highest salaries can exceed ₹20,00,000.
₹3,15,600
Low
₹7,87,500
Average
₹20,00,000
High
₹17,100
Low
₹42,660
Average
₹1,08,330
High
Total compensation includes salary, bonus and profit sharing.
₹3,970
₹11,60,500
₹23,25,000
Base Salary₹3,15,600 - 20,00,000
Bonus₹10,700 - 3,06,400
Profit Sharing₹3,970 - 18,600
Total Compensation₹3,30,270 - 23,25,000
₹220
₹62,860
₹1,25,940
Base Salary₹17,100 - 1,08,330
Bonus₹580 - 16,600
Profit Sharing₹220 - 1,010
Total Compensation₹17,900 - 1,25,940

Bank Manager Salary Range

Low
₹3,15,600
Average
₹7,87,500
Senior
₹12,86,900
High
₹20,00,000
Low
₹17,100
Average
₹42,660
Senior
₹69,710
High
₹1,08,330

Bank Manager - Salary Differences

JobSalaryDifference
HDFC Bank Manager₹1,166K/year
+48% 
IDBI Bank Manager₹1,134K/year
+44% 
Federal Bank Manager₹1,087K/year
+38% 
ICICI Bank Manager₹1,071K/year
+36% 
SBI Bank Manager₹1,040K/year
+32% 
Axis Bank Manager₹961K/year
+22% 
Syndicate Bank Manager₹937K/year
+19% 
Canara Bank Manager₹866K/year
+10% 
Assistant Bank Manager₹488K/year
 -38%

Bank Manager - Pay by Experience Level

An Entry Level Bank Manager with less than three years of experience can expect to earn an average total compensation of ₹3,30,270. A mid career Bank Manager with 4-9 years of experience earns an average total compensation of ₹6,53,200, while a Senior Bank Manager with 10-20 years of experience makes on average ₹12,86,900. Bank Managers with more than 20 years of experience earn ₹15,69,500 on average.

How Work Experience Affects the Salary of a Bank Manager

Late Career▲ +99%
Senior▲ +63%
Average Salary₹7,87,500/year
Mid Career▼ -17%
Entry Level▼ -58%

Gender Breakdown

Female
18%
Male
82%

Bank Manager - Related Salaries

The salary information presented on this page is based on all Bank Manager jobs published on Jobted in the last 12 months.
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Frequently asked questions about the salary of the Bank Manager

How much does a Bank Manager make in India?
A Bank Manager in India earns an average of ₹7,87,500 gross per year, which is about ₹42,660 net per month. Everything you need to know about the salary of the Bank Manager updated to 2024.
What is the starting salary for a Bank Manager in India?
The starting salary of a Bank Manager in India is around ₹3,15,600 gross per year.
What is the highest salary for a Bank Manager in India?
The highest salary of a Bank Manager in India can reach and exceed ₹20,00,000 gross per year.
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