Average Bank Manager Salary in Mumbai, Maharashtra

Rs 809,043
Avg. Salary
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The average salary for a Bank Manager in Mumbai, Maharashtra is Rs 809,043.
10%
Rs 248k
10%
Rs 809k
50%
Rs 2m
90%
90%
MEDIAN Rs 809,043
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United States (change)
Salary
Rs 248k - Rs 2m
Total Pay
Rs 266k - Rs 2m

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Job Description for Bank Manager

Bank Manager Tasks
  • Manage the daily activities of a bank branch or regional branches, including marketing, sales, HR, and bank profitability.
  • Establish and maintain strong relationships with customers, the community, and business partners.
  • Plan and implement strategies for bringing in new customers and improving sales of bank services.
  • Supervise and motivate bank staff, and oversee the hiring, training, and performance of employees.

Career Paths

Explore the most common career paths for Bank Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Bank Manager
Project Manager, (Unspecified Type / Gen...
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Bank Manager Job Listings

Popular Skills for Bank Manager

Skills in People Management are correlated to pay that is above average. Skills that pay less than market rate include Operations Management and Banking.

Pay by Experience Level for Bank Manager

An entry-level Bank Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 550,000 based on 5 salaries. An early career Bank Manager with 1-4 years of experience earns an average total compensation of Rs 167,000 based on 6 salaries. A mid-career Bank Manager with 5-9 years of experience earns an average total compensation of Rs 692,500 based on 8 salaries. An experienced Bank Manager with 10-19 years of experience earns an average total compensation of Rs 1,396,000 based on 5 salaries. In their late career (20 years and higher), employees earn an average total compensation of Rs 1,200,000.
Employees with Bank Manager in their job title in Chennai, Tamil Nadu earn an average of 11.2% more than the national average. These job titles also find higher than average salaries in Delhi, Delhi (8.1% more). The lowest salaries can be found in Kolkata, West Bengal (24.1% less), Hyderabad, Andhra Pradesh (13.1% less) and New Delhi, Delhi (6.1% less).

Years of Experience

This data is based on 30 survey responses.
Entry Level
16.7%
Early Career
20.0%
Mid Career
26.7%
Experienced
16.7%
Late Career
20.0%

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