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Bank of India Chief Manager salaries in Bangalore / Bengaluru

Annual salary range
10 - 13 years exp.
₹18 Lakhs - ₹33 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Chief Manager Salary at Bank of India ranges between ₹18 Lakhs to ₹33 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received... Read more

28% more than the average Chief Manager Salary in Banking Companies for 10 - 13 years of experience

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Last Updated: 3 Nov 2023

Companies similar to Bank of India for Chief Manager in Bangalore / Bengaluru

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Bank of India Chief Manager Salary

10 - 13 years exp. (5 salaries)

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₹18 L/yr - ₹33 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Chief Manager Salary

5 - 22 years exp. (142 salaries)

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₹12 L/yr - ₹35 L/yr

arrow icon 13% less
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IndusInd Bank Chief Manager Salary

3 - 20 years exp. (133 salaries)

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₹5.6 L/yr - ₹17 L/yr

arrow icon 62% less
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Kotak Mahindra Bank Chief Manager Salary

7 - 17 years exp. (86 salaries)

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₹10 L/yr - ₹31.5 L/yr

arrow icon 33% less
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IDFC FIRST Bank Chief Manager Salary

5 - 18 years exp. (47 salaries)

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₹9.5 L/yr - ₹35 L/yr

arrow icon 30% less
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State Bank of India Chief Manager Salary

11 - 20 years exp. (39 salaries)

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₹15 L/yr - ₹50 L/yr

arrow icon 23% more
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Canara Bank Chief Manager Salary

10 - 17 years exp. (30 salaries)

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₹13.2 L/yr - ₹40 L/yr

arrow icon 2% more
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Bank of Baroda Chief Manager Salary

11 - 18 years exp. (26 salaries)

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₹14 L/yr - ₹43 L/yr

arrow icon 8% more
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Union Bank of India Chief Manager Salary

11 - 16 years exp. (13 salaries)

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₹12 L/yr - ₹40 L/yr

arrow icon 5% more
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Ujjivan Small Finance Bank Chief Manager Salary

4 - 16 years exp. (13 salaries)

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₹10 L/yr - ₹21 L/yr

arrow icon 39% less
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Central Bank of India Chief Manager Salary

12 - 15 years exp. (4 salaries)

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₹22 L/yr - ₹30 L/yr

arrow icon 1% less
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Bank of Maharashtra Chief Manager Salary

10 - 15 years exp. (4 salaries)

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₹19 L/yr - ₹30 L/yr

arrow icon 9% less
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Indian Bank Chief Manager Salary

12 - 13 years exp. (3 salaries)

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₹20 L/yr - ₹23.1 L/yr

arrow icon 20% less
Bank of India Chief Manager Salary and Career Growth

From

To

Chief Manager

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10 - 19 years exp.

Assistant General Manager

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18 - 31 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Bank of India Chief Manager salaries by

Years of experience Avg. annual salary
10 years (AmbitionBox Estimate)

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₹23.9 L/yr - ₹30.5 L/yr
11 years (AmbitionBox Estimate)

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₹24.3 L/yr - ₹31 L/yr
12 years (AmbitionBox Estimate)

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₹24.6 L/yr - ₹31.5 L/yr
13 years (AmbitionBox Estimate)

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₹25 L/yr - ₹32 L/yr

Similar Designation Salaries at Bank of India

Similar Designation Avg. annual salary
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₹11 L/yr - ₹18 L/yr

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₹10 L/yr - ₹18 L/yr

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a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Bank of India

Full Time

 · 

Product Management Department

4.0
  •  updated on 08 Mar 2024

3.0
 for  Salary and Benefits

Likes

Like a typical govt bank it offers 100% job security. Decent salary. If you own then you will get to lead projects end to end. Other govt perks and benefits are unparalleled.

read more
  • Job security - Excellent

Dislikes

Sarkari culture. Sluggish work pace. Nepotism and politics. Late sitting for no reason just to appease bosses.

  • Promotions - Poor
  • +2 more

Foreign Exchange Department

4.0
  •  updated on 10 Jun 2018

2.0
 for  Salary and Benefits

Likes

Good working environment, good career growth, fully secured job.

  • Job security - Excellent
  • +3 more

Dislikes

...rence of the unions & officers association in the management. Too much politics. Salary not commensurate with the responsibility & accountability.

read more
  • Salary - Poor

Full Time

 · 

Marketing & Communication Department

1.0
  •  updated on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

Only the thing is that you get salary on time and there is a provision of reimbursement....

read more

Dislikes

- Higher management does not know what marketing actually is on the field. The people, who are generalist and sitting at medium and top level management actually think that Marketing Officers are one who must not only grab the business but also generate it, which is not at all possible because conversion of leads into business depends on various factors and there are various stakeholders for this. Hence, conversion of leads into business cannot happen till the time everybody works as cooperative team member. - This is door to door sales job, various people opt this job by looking at false ratings of this profile on social media platforms managed by higher management. Also candidates who join this bank are optimistic at entry stage as they get selected after huge efforts through IBPS and get trapped after entering into this bank and at this profile. - General Banking Staff is jealous of Marketing Staff as they get additional petrol reimbursement due to their marketing efforts. - High level politics within bank. People who are in association of officers are like closed knit people of certain people in management and they only help those employees who can do flattery at extream level. - If you raise your voice on any legitimate issue, you would be targeted by management. - There are ghigh possibility of frequent transfers as transfer policy does not apply to Marketing Officers. - The standard operating procedure within the bank is not at all systematic. - Motivation or credit is not commensurate to efforts given by Marketing Officers, - There is absence of career path for Marketing Officers as they only can get promotions on Merit based channel and not on Seniority Based Channel. Once marketing officer reaches scale IV, he/she will have to opt for conversion to General Banking Stream. But there are very less opportunities for getting conversions. - Unlike specialist officers of other streams, Marketing Officers face huge hardships which include cold responses from customers as well as management. They seldomely are provided good place to even sit at various branches/offices of Bank Of India.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 16 Oct 2023

3.0
 for  Salary and Benefits

Likes

There is job security, salary is ok I guess Other than that I can't think of anything else

read more
  • Job security - Excellent

Dislikes

Management doesn't know what goes on ground level, they keep making new policy which are against the benefits of employees, no coordination between different level management. I give you a example, there used be inter zone transfer every year but it hasn't happened in the last three year. I think I can go on and on.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 29 Nov 2023

2.0
 for  Salary and Benefits

Likes

Pay and package is good, connectivity is good. Leave, reimbursement, training, nearby posting,

read more
  • Job security - Excellent

Dislikes

Rude behaviour of some staff. Rude customers. More rural branches. Less importance to staff benefits. Lot of traveling due to far postings. Claims unsettled. Boring workplace. Hr not responsive.toxic work environment due to politics.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

Bank of India Chief Manager Salary FAQs

What is the salary of Chief Manager at Bank of India in Bangalore / Bengaluru?
The average salary of a Chief Manager at Bank of India in Bangalore / Bengaluru typically ranges from ₹18.0 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Chief Manager in Bangalore / Bengaluru at Bank of India earn more than ₹33.0 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Chief Manager Salaries at Bank of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Bank of India employees in India.
What is the estimated take home salary of a Chief Manager at Bank of India in Bangalore / Bengaluru?
The estimated take-home salary of a Chief Manager at Bank of India in Bangalore / Bengaluru typically ranges from ₹1,76,530 to ₹1,83,375 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 10 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of India for Chief Manager in India?
State Bank of India ₹15.0 Lakhs to ₹50.0 Lakhs per year
Bank of Baroda ₹14.0 Lakhs to ₹43.0 Lakhs per year
Union Bank of India ₹12.0 Lakhs to ₹40.0 Lakhs per year
Canara Bank ₹13.2 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of India, depending on the role and experience level.
What is the salary of a Chief Manager in companies similar to Bank of India in Bangalore / Bengaluru?
The salary of a Chief Manager at companies similar to Bank of India in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Central Bank of India ₹22.0 Lakhs to ₹30.0 Lakhs per year
Bank of Maharashtra ₹19.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank ₹12.0 Lakhs to ₹35.0 Lakhs per year
Indian Bank ₹20.0 Lakhs to ₹23.1 Lakhs per year
IDFC FIRST Bank ₹9.5 Lakhs to ₹35.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Chief Manager at Bank of India in Bangalore / Bengaluru?
The salary growth for a Chief Manager at Bank of India in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Bangalore / Bengaluru can expect the following growth trajectory at Bank of India:

Experience Average Salary Range
10 years ₹23.9 Lakhs to ₹30.5 Lakhs per year
11 years ₹24.3 Lakhs to ₹31.0 Lakhs per year
12 years ₹24.6 Lakhs to ₹31.5 Lakhs per year
13 years ₹25.0 Lakhs to ₹32.0 Lakhs per year
and so on.

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Bank of India Chief Manager salary in Bangalore / Bengaluru ranges between ₹18 Lakhs to ₹33 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bank of India latest salaries received from various employees of Bank of India.