Deputy Manager Salary in India (2026)

Key Highlights 

• In India, the average salary of a deputy manager range between ₹18 LPA to ₹19.8 LPA. Also, it depends on multiple factors like the location they live in, their core department, and organization they work in.  
• Consulting and project management are the two industries that offer the highest packages for deputy managers. Noida, Gurugram, Ahmedabad, and Bengaluru are the top cities among the highest paying. 
• For better salary hike or career switch, developing skills like analytics, agile management, risk management, auditing, and project management will strengthen your profile. 
• In this blog, you will learn about the average deputy manager salary in India, salaries based on department, location, companies and banks. Highest-paying skills you should definitely learn along with suggestions for certifications. 

Want to switch to management roles? Explore online management courses to build practical skills in leadership, and management strategy, along with industry expert guidance. 

Deputy Manager Salary in India According to Department 

There are multiple departments where you can contribute to your services as deputy managers. Your package differs as per the department you work for. Consulting is the highest paying demand because of client handling. However, investment and trading are offering the lowest package among the categories mentioned below.  

Check out which industry offers better salary packages; you can make your decision to switch (if you’re looking) accordingly. 

Industry	Average Annual Salary
Consulting	₹18.5 LPA to ₹20.4 LPA
Project & Program Management	₹18.3 LPA to ₹22.9 LPA
IT & Information Security	₹18 LPA to ₹22.5 LPA
Data Science & Analytics	₹17.8 LPA to ₹22.9 LPA
Risk Management & Compliance	₹17.6 LPA to ₹20.1 LPA
Finance & Accounting	₹17.2 LPA to ₹19 LPA
Engineering - Software & QA	₹17.1 LPA to ₹24 LPA
BFSI, Investments & Trading	₹16.5 LPA to ₹23.2 LPA

Source: AmbitionBox 

Also read: Complete Guide on Assistant Manager Salary in India (2026) 

Deputy Manager Salary in India: Bank-Wise Salary 

Not only companies but banks (private or public) both hire deputy managers to handle their operations. Below is a table covering the annual salary packages of top banks in India. We have given a range for each bank, as the salary varied on multiple factors.  

Bank Name	Average Annual Salary
State Bank of India	₹18.9 LPA to ₹22.2 LPA
Barclays	₹12 LPA to ₹13.3 LPA
Punjab National Bank	₹9.9 LPA to ₹13.6 LPA
Bank of Maharashtra	₹8.1 LPA to ₹12.1 LPA
ICICI Bank	₹6.2 LPA to ₹6.8 LPA
Axis Bank	₹6 LPA to ₹6.6 LPA
HDFC Bank	₹5.7 LPA to ₹6.3 LPA
Equitas Small Finance Bank	₹5.6 LPA to ₹6.8 LPA
Yes Bank	₹5.4 LPA to ₹6 LPA
Bandhan Bank	₹5.3 LPA to ₹5.9 LPA
IDFC FIRST Bank	₹5 LPA to ₹5.5 LPA
Kotak Mahindra Bank	₹4.9 LPA to ₹5.4 LPA
IndusInd Bank	₹4.8 LPA to ₹5.4 LPA
Ujjivan Small Finance Bank	₹4.5 LPA to ₹5.4 LPA

Source: AmbitionBox 

Also read: Bank Manager Salary in India: What to Expect in 2026! 

Location-wise Deputy Manager Salary in India 

Companies offer salary and other perks based on the state or city you’re living in. There is tier 1, 2, and 3 cities, Noida, Gurugram, Bengaluru are considered as the tier 1 cities because of standard of living. On the other hand, cities in Northeast and West are offered the lowest package as compared to tier 1 cities. Below table exactly shows which state offers what average approx salary. 

Location	Average Annual Salary
Noida, Uttar Pradesh	12.97 LPA
Gurgaon, Haryana	12.67 LPA
Ahmedabad, Gujarat	12.62 LPA
Bengaluru, Karnataka	11.27 LPA
Chennai, Tamil Nadu	10.47 LPA
Bharuch, Gujarat	10.12 LPA
Mumbai, Maharashtra	9.75 LPA
Dibrugarh, Assam	7.28 LPA
New Delhi, Delhi	7.14 LPA

Source: Indeed 

Also read: How High Is Business Development Manager Salary in 2026?

Highest Paying Companies for Deputy Manager Salary in India 

As stated above, multiple companies and banks hire deputy managers, but only some of them offer the highest salaries to their employees. Check below which company you should apply to next, if you’re looking for the highest package in the industry. 

Company	Average Annual Salary
Cognizant	23 LPA
Ashiana Housing Ltd	21 LPA
KIA Motors	19.83 LPA
Ford Motor Company	19.28 LPA
Bharat Heavy Electricals Limited	19.18 LPA
Electrosteel Castings Limited	19 LPA

Source: Indeed 

Also read: Project Manager Salary in India in 2026 [For Freshers & Experienced] 

Skills Required to Earn a Higher Deputy Manager Salary in 2026 

To get hired in a high paying company as a deputy manager, you need skills which other people don’t have. Developing the following skills will help you get selected for high-paying deputy manager roles, if you keep increasing your skills you can get other higher leadership role too. 

1. Analytical 

For any project which you are handling, haaving analytical skills is a must. For instance if you have data of clients or customers, you should have skills to analyse that data and make practical business decisions. This is required to bring sales, and improve services, and work process. You can learn analytical skills with the help of Data Analysis Courses Online course.  

Learn advanced analytics through structured modules in Excel, Power BI, Tableau, and SQL with real-world and industry-based projects. 

2. Agile 

In organisations, processes related to priorities, customer needs, and projects deadlines change, so agility in leadership skills is a must. Usually deputy managers work with cross-functional teams, and organisations prefer people who can adapt to the changing business conditions, manage teams, and deliver projects in a timely manner.  

Check this complete tutorial on agile fundamentals. 

3. Risk Management 

In some industries like banking, finance, consulting, and manufacturing, risk management skills are important. Risks in an organization can be legal, operational, related to cyber security, so organizations look for people in leadership who can identify these challenge before they become a cost.  

Check out this course Project Risk Management Certification Training Online Course to learn risk management in detail. 

4. Auditing 

To maintain transparency and accuracy in business operations, auditing is a must. In this you should know how to do internal audits, gaps in the process, verify financial records, and suggest the improvement. Check these Top Auditing Courses in India for Career Growth.  

5. Project Management 

While managing a project, you have to use your leadership, planning, communication, and execution skills. Usually, you have to coordinate with departments, assign tasks to the teams, and take follow up on the projects. If you get this certification of project management, it will help you with your job Top Project Management Certification Training Online Course. 

4 Best Certifications to Complete in 2026 for Deputy Managers 

For any role that you are in, certifications are really important to learn new skills in the market, get one step ahead of your colleagues. By doing a certification, you can gain expertise for higher-level management roles.  

For deputy managers, learning the skills shared below are a must. Here are four certifications you should consider in 2026: 

1. Master of Business Administration from Golden Gate University learn from top U.S. faculty with Fortune 500 experience. 
2. Master of Business Administration from O.P Jindal Global University get 1 year fully online UGC recognized MBA with AACSB accreditation, a globally recognized gold standard for B-Schools. 
3. MBA Degree from PSB with Certification from IIM Lucknow Online globally recognised MBA from a Triple Crown accredited business school, delivered online in 18 months. 
4. Master's Degree in AI and Data Science from O.P Jindal Global University earn India’s only 1-Year Master's Degree in AI and Data Science from India's Number 1 Private University, O.P.Jindal Global University. 

Conclusion 

A Deputy Manager role is an important step in your management career. Your salary will depend on the company, location, department, and the kind of work you handle. For your next career move, do not focus on salary only, focus on the skills and responsibilities too. This way, you can move to a manager or senior leadership position.  

Other than the skills mentioned above, learn these skills, such as communication, negotiation, stakeholder management, financial management, decision-making, and conflict management.  

If you are planning your next career move but confused about how to do it. Book a consultation call with the experts of upGrad.