Bank Manager Salary in India 2024
Bank Manager’s Salary in India averages ₹10.2 Lakh per year (₹53,914 per month). Bank Manager Salary in India with less than 1 year of experience to 9 years ranges from ₹ 0.8 Lakhs to ₹ 18.9 Lakhs with an average annual salary of ₹ 10.2 Lakhs.
- Bank Managers with less than one year of experience make around INR 3.60 lakhs annually.
- Top hiring companies include SBI, HDFC Bank, IDBI Bank, Yes Bank and more.
- The highest-paying Indian bank is State Bank of India at INR 10.93 lakhs per year.
A key Bank Manager’s duty is growing sales and attracting customers. Bank Managers need leadership and people skills to interact with clients and guide staff to succeed. Bank Managers oversee daily operations like loans, investments, budgets and campaigns. Strong business acumen and analytical abilities are critical. Managers motivate branch teams and ensure excellent customer service. They handle supervision, audits, reports and expansion goals.
Bank Manager Salary in India 2024
Bank Manager Salary in India 2024: The average Indian Bank Manager Salary in 2024 is INR 9.2 LPA. Though public bank salaries come from the government, other things like education, years worked, city and skills influence pay. Managers also get extra benefits such as housing allowance, dearness allowance, and retirement money.
To become a Manager, students should finish college and post-college Banking degrees from top institutions. They can also study Management or get MBA certifications from excellent business schools.
Table of Content
- Bank Manager Salary in India 2024
- Salary of a Bank Manager: Experience Wise
- Salary of a Bank Manager: Specialization-Wise
- Salary of a Bank Manager: City-wise
- Salary of a Bank Manager: Company-Wise
- Public Sector Banks in India: Perks & Benefits
- Private Sector Banks in India: Perks & Benefits
- Bank Manager 2024: Roles & Responsibilities
- Eligibility Criteria for Bank Manager 2024
- How to Become a Bank Manager In India?
- Bank Manager In India: Exams Required
Top MBA Colleges take students who pass tests like CAT, MAT, XAT, and SNAP. Bank Managers need knowledge of banking, finance and management. They should have leadership abilities to guide branch teams. Strong communication and analysis skills are also key. The job involves managing loans, investments, budgets, audits and sales campaigns.