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    India Post Payments Bank

    Compare button icon Compare button icon Compare
    3.7

    based on 68 Reviews

    Banking 51-200 Employees (India) Financial Services
    filter salariesFilter salaries by
    Designation
    Experience
    Location
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    India Post Payments Bank Salaries in India

    based on 500 latest salaries

    3.7

    Rated by 68 Employees for salary and benefits

    Top Departments at India Post Payments Bank
    BFSI, Investments & Trading Sales & Business Development Finance & Accounting Customer Success, Service & Operations Human Resources Risk Management & Compliance + 4 more
    Designation Average Salary
    Yearly arrow-down

    Branch Manager

    Experience: 5 - 13 yrs (24 Salaries)
    ₹ 12,00,000/year

    (₹9.0L/yr - ₹15.9L/yr)

    Senior Branch Manager

    Experience: 9 - 13 yrs (21 Salaries)
    ₹ 18,01,118/year

    (₹12.0L/yr - ₹22.0L/yr)

    Chief Manager

    Experience: 10 - 19 yrs (20 Salaries)
    ₹ 21,50,000/year

    (₹18.0L/yr - ₹30.0L/yr)

    Area Sales Manager

    Experience: 5 - 11 yrs (19 Salaries)
    ₹ 11,56,508/year

    (₹8.0L/yr - ₹15.0L/yr)

    Branch Head

    Experience: 5 - 15 yrs (14 Salaries)
    ₹ 11,50,000/year

    (₹10.0L/yr - ₹17.0L/yr)

    Area Operation Manager

    Experience: 5 - 11 yrs (13 Salaries)
    ₹ 12,00,000/year

    (₹9.9L/yr - ₹16.0L/yr)

    Operations Manager

    Experience: 9 - 17 yrs (8 Salaries)
    ₹ 14,05,000/year

    (₹10.0L/yr - ₹17.0L/yr)

    Branch Post Master

    Experience: 0 - 3 yrs (7 Salaries)
    ₹ 1,80,000/year

    (₹25.0K/yr - ₹2.4L/yr)

    Operational Risk Manager

    Experience: 3 - 16 yrs (7 Salaries)
    ₹ 13,50,000/year

    (₹12.0L/yr - ₹16.2L/yr)

    Territory Officer

    Experience: 1 - 17 yrs (7 Salaries)
    ₹ 3,25,000/year

    (₹3.3L/yr - ₹3.8L/yr)

    Last Updated: 22 Sep, 2023

    India Post Payments Bank Salary FAQs

    How much does India Post Payments Bank pay per year?
    The average India Post Payments Bank salary ranges from approximately ₹1.7 Lakhs per year for a Branch Post Master to ₹47.6 Lakhs per year for a Chief Compliance Officer. Salary estimates are based on 500 India Post Payments Bank salaries received from various employees of India Post Payments Bank. India Post Payments Bank employees rate the overall salary and benefits package 3.7/5 stars.
    What is the highest salary in India Post Payments Bank?
    The highest-paying job at India Post Payments Bank is a Chief Compliance Officer with a salary of ₹47.6 Lakhs per year. The top 10% of employees earn more than ₹24.61 lakhs per year. The top 1% earn more than a whopping ₹96.92 lakhs per year.
    What is the minimum salary in India Post Payments Bank?
    Minimum salary at India Post Payments Bank depends on the role you are applying for. For Assistant Manager the minimum salary is ₹9.4 Lakhs per year, for Area Sales Manager the minimum salary is ₹11.6 Lakhs per year and so on.
    What is the notice period at India Post Payments Bank?
    According to AmbitionBox, 63% of the India Post Payments Bank employees reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 325 responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at India Post Payments Bank

    Branch Head in West Bengal

    Accounting & Taxation Department

    1.0
    posted on 12 May 2021
    2.0 for Salary and Benefits

    Likes

    ... No revised salary of 11 bps and arrears. Sometimes situation comes for decreasing Salary .

    Work Details

    Work timings: Flexible Timings

    Work related travel: This job involves Travel Within City.

    Operations Manager in Delhi

    Full Time

     · 

    Clueless!!!!! Department

    1.0
    posted on 20 Jul 2019
    4.0 for Salary and Benefits

    Likes

    Apart from salary and a flashy designation not even a single thing is there to like!

    Dislikes

    No learning at all! Be prepared to lose and forget the skills that you have developed over the years,while working with other banks as you will not get to do banking at all!!!!! One has to everything else from arranging camps in jhuggis and slums to configuring phones to handling service issues raised by customers,as post office counters refuse to serve the customers! And yes last but not the least, be prepared to get bashed by DoP officials and insensitive IPPB Corporate Office team. Don’t ever think of joining this bank as your career would go nowhere once you join this bank! Pathetic and worst organisation that I have ever worked with!

    Work Details

    Work days: Alternate Saturday off (Strict Timings)

    Work related travel: This job involves Travel Within City.

    see more salary related reviews

    India Post Payments Bank Salaries by Location

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    Average annual salary in India Post Payments Bank is INR 15.1 lakhs . Salary estimates are based on 500 India Post Payments Bank latest salaries received from various employees of India Post Payments Bank.