Bank Manager Salary in India
What is the average monthly salary for a bank manager in India?
The average per month salary for a bank manager in India is between ₹6.0 Lakhs to ₹18.0 Lakhs per year.
What is the salary of SBI Bank Manager?
The average salary for SBI Bank Managers in some major cities in India:
City
Average Salary
Mumbai ₹15.0 Lakhs – ₹25.0 Lakhs Delhi ₹13.0 Lakhs – ₹23.0 Lakhs Bangalore ₹11.0 Lakhs – ₹21.0 Lakhs Chennai ₹10.0 Lakhs – ₹20.0 Lakhs Hyderabad ₹9.0 Lakhs – ₹19.0 Lakhs
What are the factors that affect a bank manager’s salary?
The salary of a bank manager is affected by several factors, including:
- Experience: The more experience a bank manager has, the higher their salary will be.
- Location: Bank managers in major cities typically earn higher salaries than those in smaller cities.
- Type of bank: Bank managers at public sector banks typically earn higher salaries than those at private sector banks.
- Designation: The designation of the bank manager also plays a role in their salary. For example, a senior bank manager will earn more than a junior bank manager.
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.
Bank Manager Salary in India 2024
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.