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Central Bank of India

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3.9

based on 546 Reviews

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Central Bank of India Manager salaries in India (Updated 2025)

Did you mean: Chief Manager ·Branch Manager ·Assistant General Manager
Annual salary range
5 - 13 years exp.
₹6.1 Lakhs - ₹18 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Manager Salary at Central Bank of India ranges between ₹6.1 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 61 latest salaries received... Read more

25% less than the average Manager Salary in Banking Companies for 5 - 13 years of experience

Interested in this particular role?

Last Updated: 31 May 2025

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View all
Central Bank of India Manager Salary and Career Growth

From

To

Manager

₹unlock blur Lakhs/yr

5 - 13 years exp.

Assistant General Manager

₹unlock blur Lakhs/yr

11 - 34 years exp.

Manager

5 - 13 years exp.
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Senior Manager

7 - 12 years exp.
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arrow icon 66% hike

Chief Manager

11 - 17 years exp.
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arrow icon 37% hike
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.
Career and salary growth
cross

From

To

Manager

₹ 12.4 Lakhs/yr

5 - 13 years exp.

Assistant General Manager

₹ 27.5 Lakhs/yr

11 - 34 years exp.

Manager 5 - 13 years exp.
₹ 12.4 L/yr
Senior Manager 7 - 12 years exp.
₹ 20.5 L/yr
arrow icon 66% hike
Chief Manager 11 - 17 years exp.
₹ 28.2 L/yr
arrow icon 37% hike
    Assistant General Manager 11 - 34 years exp.
    ₹ 27.5 L/yr
    arrow icon -2% hike
    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.
    Did you find above career path helpful?

    Latest annual salaries shared by Central Bank of India Manager

    2w ago
    ₹16 Lakhs
    8 years exp.
    4w ago
    ₹15 Lakhs
    9 years exp.
    1mo ago
    ₹7 Lakhs
    6 years exp.
    6mo ago
    ₹14 Lakhs
    11 years exp.
    7mo ago
    ₹15 Lakhs
    7 years exp.
    8mo ago
    avg blur mobile
    7 years exp.
    9mo ago
    avg blur mobile
    8 years exp.

    Central Bank of India Manager salaries by

    Years of experience Avg. annual salary
    5 years  (5 salaries)

    unlock blur

    ₹6.1 L/yr - ₹15.1 L/yr
    6 years  (8 salaries)

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    ₹6.5 L/yr - ₹15.1 L/yr
    Login to view exact salary info icon
    7 years  (12 salaries)

    unlock blur

    ₹10 L/yr - ₹17 L/yr
    8 years  (10 salaries)

    unlock blur

    ₹7.3 L/yr - ₹18 L/yr
    9 years  (11 salaries)

    unlock blur

    ₹7.5 L/yr - ₹15 L/yr
    10 years  (7 salaries)

    unlock blur

    ₹8 L/yr - ₹12.9 L/yr
    11 years  (4 salaries)

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    ₹5 L/yr - ₹15 L/yr
    12 years (AmbitionBox Estimate)

    unlock blur

    ₹11.3 L/yr - ₹14.5 L/yr
    13 years (AmbitionBox Estimate)

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    ₹11.4 L/yr - ₹14.5 L/yr
    View all salaries by experience

    Similar Designation Salaries at Central Bank of India

    Similar Designation Avg. annual salary
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    Top trending discussions

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    Salary Discussions, Hike & Promotions
    5d
    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 Central Bank of India

    3.5

    Rated by 27 employees for salary & benefits

    Deputy General Manager in Pune

    Strategic & Top Management Department

    5.0
      •  updated on 09 Dec 2017

    3.0
     for  Salary and Benefits

    Likes

    ...r own style of functioning which paves way for team building and achieving goal. Compensation was decent and at par with peers. Career path was not consistent and seniority was relegated which affected the deserving seniors

    read more
    • Skill development - Excellent
    • +5 more

    Trainee in Guwahati

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  updated on 20 Mar 2025

    1.0
     for  Salary and Benefits

    Likes

    Central bank of India one of worst bank in India.. It should be privatized with immediate effect. Regional manager and zonal manager are one of worst.. Even managers treated new joinee Business correspondence, apprentices like labour.. Only work matters to them no work life balance, only target oriented.. Only good was colleagues ( clerks, po's, 4th grade)

    read more

    Dislikes

    Worst work life balance Less salary Target only Do labour Senior officers treated u like labous

    read more
    • Salary - Bad
    • +6 more

    Assistant Manager Operations in Kolkata

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  updated on 17 Aug 2024

    4.0
     for  Salary and Benefits

    Likes

    Job is permanent. Salary and Perks are good.

    • Salary - Good
    • +2 more

    Dislikes

    There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

    read more
    • Work satisfaction - Poor
    • +2 more

    Apprenticeship Trainee in Ahmedabad

    Contractual

     · 

    BFSI, Investments & Trading Department

    4.0
      •  updated on 20 Sep 2024

    3.0
     for  Salary and Benefits

    Likes

    Employees are very familiar and the work environment is very positive

    • Promotions - Excellent
    • +3 more

    Dislikes

    The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

    read more
    • Job security - Bad

    Apprentice in Akola

    Contractual

     · 

    Other Department

    5.0
      •  updated on 26 Mar 2024

    5.0
     for  Salary and Benefits

    Likes

    Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

    read more
    see more salary related reviews
    More about working at Central Bank of India
    • HQ - Mumbai, Maharashtra, India
    • Banking
    • 10k-50k Employees (India)
    • Public
    • Financial Services

    Central Bank of India Manager Salary FAQs

    What is the salary of Manager at Central Bank of India ?
    The average salary of a Manager at Central Bank of India in India typically ranges from ₹6.1 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 13 years).

    The top 10% of Manager at Central Bank of India earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹17.9 Lakhs per year. Manager Salaries at Central 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 60+ Central Bank of India employees in India.
    What is the estimated take home salary of a Manager at Central Bank of India in India?
    The estimated take-home salary of a Manager at Central Bank of India in India typically ranges from ₹87,935 to ₹90,242 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 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 60+ salaries received from various employees of Central Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Central Bank of India for Manager in India?
    Reserve Bank of India ₹11.3 Lakhs to ₹42.0 Lakhs per year
    Bank of America ₹11.5 Lakhs to ₹40.0 Lakhs per year
    IDBI Bank ₹10.0 Lakhs to ₹29.0 Lakhs per year
    Standard Chartered ₹7.5 Lakhs to ₹30.0 Lakhs per year
    Federal Bank ₹8.5 Lakhs to ₹23.0 Lakhs per year

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

    Canara Bank ₹7.1 Lakhs to ₹25.0 Lakhs per year
    Barclays ₹8.8 Lakhs to ₹26.2 Lakhs per year
    NatWest Group ₹6.8 Lakhs to ₹26.5 Lakhs per year
    HSBC Global Banking and Markets ₹8.6 Lakhs to ₹21.5 Lakhs per year
    Bank of Maharashtra ₹7.9 Lakhs to ₹20.0 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 Manager at Central Bank of India in India?
    The salary growth for a Manager at Central Bank of India depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at Central Bank of India:

    Experience Average Salary Range
    5 years ₹6.1 Lakhs to ₹15.1 Lakhs per year
    6 years ₹6.5 Lakhs to ₹15.1 Lakhs per year
    7 years ₹10.0 Lakhs to ₹17.0 Lakhs per year
    8 years ₹7.3 Lakhs to ₹18.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Central Bank of India Manager Salaries by Location

    • Central Bank of India Manager salaries in Pune
    • Central Bank of India Manager salaries in Mumbai
    • Central Bank of India Manager salaries in Bangalore / Bengaluru
    • Central Bank of India Manager salaries in Chennai
    • Central Bank of India Manager salaries in Kolkata
    • Show more
    • Central Bank of India Manager salaries in Hyderabad / Secunderabad
    • Central Bank of India Manager salaries in Indore
    • Central Bank of India Manager salaries in Patna
    • Central Bank of India Manager salaries in Panaji
    • Central Bank of India Manager salaries in Jaipur
    • Home >
    • Salaries >
    • Central Bank of India Salaries >
    • Central Bank of India Manager Salaries

    Central Bank of India Manager salary in India ranges between ₹6.1 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 61 Central Bank of India latest salaries received from various employees of Central Bank of India.

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    Manager Salary in India
    based on 3.1L salaries
    ₹4.5 L/yr - ₹32 L/yr
    25% less than the average Manager Salary in India
    View more details

    Central Bank of India Manager Reviews and Ratings

    based on 27 reviews

    3.9/5

    Rating in categories

    3.6

    Skill development

    3.2

    Work-life balance

    3.5

    Salary

    4.3

    Job security

    3.2

    Company culture

    3.9

    Promotions

    3.4

    Work satisfaction

    Explore 27 Reviews and Ratings

    Gender Based Ratings at Central Bank of India

    based on 27 Manager salaries
    2.0
    Rated by 2 Women

    for Salary and Benefits at Central Bank of India

    women
    4.0
    Rated by 25 Men

    for Salary and Benefits at Central Bank of India

    men
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    Central Bank of India Employee Benefits
    healthInsurance
    Health insurance
    2 total responses
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    2 total responses
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    0 total responses
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    Notice Period for Manager at Central Bank of India

    based on 42 responses

    3 Months
    64%
    15 days or less
    12%
    More than 3 months
    10%
    1 Month
    7%
    2 Months
    7%
    View all
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