Bank of Baroda Manager Salary 2025 - Pay Scale, In-Hand Salary & Allowances

Bank of Baroda Salary 2025: The Bank of Baroda Recruitment 2025 is one of the most popular Bank job exams in India. As an employee of the Bank of Baroda, the selected candidates are appointed as Manager and Senior Manager in various disciplines, including Digital Product, Information Technology, Storage Administrator & Backup, etc.

The basic pay of a Bank of Baroda Manager (MMG/S – II) is Rs. 64,820/- to Rs. 93,960/-, and for a Senior Manager (MMG/S – III ) is Rs. 85,920/- to Rs. 1,05,280/-. The Bank of Baroda Salary Structure is designed to be attractive to candidates, ensuring job satisfaction and financial stability, including allowances like DA and HRA.

Keep reading for the Bank of Baroda Manager salary structure, pay scale, monthly salary, in-hand salary, and allowances.

Bank of Baroda Salary 2025 (Overview)

The average Bank of Baroda Annual Salary 2025 for a Manager Post is around Rs. 10 lakh (base pay), with the typical range reported as Rs. 7 lakh – Rs. 13.8 lakh per year. Some professionals may earn up to Rs. 19 lakh per year, depending on location, skills, and experience.

Candidates selected for Bank of Baroda Manager and Senior Manager posts get their salary based on the 7th Central Pay Commission Pay matrix. The Bank of Baroda Salary consists of:

Basic Pay: The main part of the salary, depending on the post.

Grade Pay: A fixed amount tied to the employee's rank.

Allowances: These include Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), and Fixed Medical Allowance (FMA).

Benefits and Perks: Additional facilities like medical care, insurance, pension schemes, loans, and other government benefits.

Bank of Baroda Salary Structure 2025 (Scale-Wise)

Candidates selected for the Manager, Senior Manager, Chief Manager, and Fire Safety Officer posts will receive the Bank of Baroda Salary 2025 as per the Grade Pay.

The Bank of Baroda pay scale differs based on the position a candidate holds and includes basic pay and grade pay.

Bank of Baroda Manager Salary 2025 (MMGS Scale II)

The Manager position falls under the Middle Management Grade Scale-II (MMG/S–II). This is one of the most sought-after roles in the Bank of Baroda and offers a competitive package.

• The structured pay scale for a Manager (MMG/S–II) is:

• Basic Pay: Rs. 64,820

• Increment: Rs. 2,340 (first stage), Rs. 2,680 (10 subsequent stages)

• Maximum Pay: Rs. 93,960.

• The average annual salary for a Manager at Bank of Baroda 2025 is around Rs. 10 lakh (base pay), with the typical range reported as Rs. 7 lakh – Rs. 13.8 lakh per year. Some professionals may earn up to Rs. 19 lakh per year, depending on location, skills, and experience.

• Additional pay, such as bonuses or other benefits, averages around Rs. 41,000 per year.

• Salaries can vary by branch and city. For instance, the average reported in Delhi is approximately Rs. 9.3 lakh per year.

• Managers also receive substantial allowances: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and performance-based incentives.

Bank of Baroda Senior Manager Salary 2025 (MMGS Scale III)

The Senior Manager position falls under the Middle Management Grade Scale-III (MMG/S–III). This role carries higher responsibility and consequently offers a higher salary bracket.

• The structured pay scale for Senior Manager (MMG/S–III) is:

• Basic Pay: Rs. 85,920

• Increment: Rs. 2,680 (5 stages), Rs. 2,980 (2 subsequent stages)

• Maximum Pay: Rs. 1,05,280.

• The average annual salary for a Senior Manager is around Rs. 13 lakh (base pay), with a typical total pay range of Rs. 9 lakh – Rs. 16.8 lakh per year.

• The average additional pay (bonuses, profit sharing, etc.) is about Rs. 1 lakh per year.

• Another reliable salary aggregate pegs the typical range between Rs. 14.3 lakh – ₹18 lakh per year.

Bank of Baroda Chief Manager Salary (Scale IV)

The Chief Manager position is typically classified under Senior Management Grade Scale-IV (SMG/S–IV). This post represents a higher level of seniority and strategic involvement within the bank structure.

According to the official pay scale, the range for a Chief Manager (SMG/S – IV) is Rs. 1,02,300 to Rs. 1,20,940. Due to the high responsibility, the total compensation package for a Chief Manager, including comprehensive allowances and benefits, is highly attractive.

Bank of Baroda Salary Slip & In-Hand Salary

The in-hand salary of a Bank of Baroda employee is calculated by adding the Basic Pay and various Allowances (like DA, HRA, CCA) and then subtracting deductions (like NPS contribution, Income Tax, Professional Tax, etc.). This figure changes monthly based on DA fluctuations and specific location allowances.

A typical Bank of Baroda salary slip for a Manager (Scale II) or Senior Manager (Scale III) includes the following main components:

Earnings Components:

1. Basic Pay: The fixed core component of the salary.

2. Dearness Allowance (DA): Calculated as a percentage of the Basic Pay and revised quarterly based on the Consumer Price Index (CPI).

3. House Rent Allowance (HRA): Varies based on the city (metro, large city, or other location).

4. City Compensatory Allowance (CCA): Applicable in specific metropolitan areas to compensate for the higher cost of living.

5. Special Allowance: Fixed amount applicable to officers.

Deduction Components:

1. Provident Fund/NPS Contribution

2. Income Tax (TDS)

3. Professional Tax

4. Loan Repayments (if any)

Bank of Baroda Allowances & Benefits

One of the most attractive features of the Bank of Baroda Job Profile is the range of allowances that come along with the salary package. These benefits significantly increase the total CTC (Cost to Company). Some of the major allowances and perks for Bank of Baroda employees include:

• Dearness Allowance (DA)

• House Rent Allowance (HRA)

• City Compensatory Allowance (CCA)

• Medical coverage (Fixed Medical Allowance and hospitalization benefits)

• Retirement and gratuity benefits

• Performance incentives (Variable Pay)

• Travel/Conveyance Allowance

• Newspaper Allowance

• Subsidized loans for housing, vehicles, and personal needs.

Bank of Baroda Career Growth & Promotions

Bank of Baroda offers good chances for career growth, especially at the managerial level. The bank focuses on developing employees through a solid talent management system and clear career paths designed to nurture future leaders. It’s not just a job — the bank provides a structured setup for growth, backed by its global presence and modern work environment that supports professional progress.

Employees often say that Bank of Baroda is a stable place to work, offering good exposure and opportunities to move up, particularly for managers. Many appreciate the clear steps for promotion and career advancement. On the downside, some employees feel that the pay is lower compared to what private sector banks offer.

Bank of Baroda Job Profile for Manager and Senior Manager Posts

Bank of Baroda Manager Job Profile:

• Supervising branch operations, including customer service, staff management, administration, security, compliance, and sales activities.

• Ensuring smooth functioning of the branch, guiding staff and customers, and managing financial goals and branch business objectives.

• Managing fund allocation, expenses, and maintaining reports.

• Training, motivating, and managing branch employees.

• Coordinating with central or regional headquarters regarding data, market intelligence, and technology infrastructure.

• Possess strong knowledge of banking products, rules, and processes, along with analytical skills, sales and negotiation abilities, and team management skills.

Bank of Baroda Senior Manager Job Profile:

• Often more focused on relationship management for specific segments like MSME or Corporate clients.

• Identifying new business opportunities, managing large client portfolios, and ensuring compliance and operational excellence.

• Managing and leading teams and strategic planning for business growth.

• Overseeing the achievement of revenue targets and managing end-to-end client relationships.

• Involved in higher-level coordination, strategic decisions, and ensuring alignment with bank policies and objectives.

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