Average Banking Reference Data Manager Salary in Uttar Pradesh, India for 2026

In this article, we will look at the average Banking Reference Data Manager salary for 2026 in Uttar Pradesh and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol .

How Much Does a Banking Reference Data Manager Make in Uttar Pradesh?

A Banking Reference Data Manager working in Uttar Pradesh will typically earn around 553,400 INR per year, and this can range from the lowest average salary of about 261,300 INR to the highest average salary of 874,500 INR.

Average Annual Salary553,400 INR
Average Monthly Salary46,116 INR
Average Lowest Salary261,300 INR
Lowest Monthly Salary21,775 INR
Average Highest Salary874,500 INR
Highest Monthly Salary72,875 INR

These are average salaries for a Banking Reference Data Manager in Uttar Pradesh and include benefits such as housing and transport. It's also possible for a Banking Reference Data Manager to earn more or less than the average salaries shown above.

Banking Reference Data Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Banking Reference Data Manager Salaries in Uttar Pradesh

So we've looked at the average salaries a Banking Reference Data Manager will earn in Uttar Pradesh. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Banking Reference Data Manager can earn between 261,300 INR and 874,500 INR on average in Uttar Pradesh. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Banking Reference Data Manager in Uttar Pradesh is 588,500 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 588,500 INR, and 50% of the population earn more than 588,500 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Banking Reference Data Manager salary in Uttar Pradesh, 25% of the population are earning less than 383,300 INR while 75% of the population earn more than 383,300 INR.

75% of the population earn less than 773,400 INR, and 25% of the population earn more than 773,400 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Banking Reference Data Manager Salary by Experience Level in Uttar Pradesh

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Banking Reference Data Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Banking Reference Data Manager in Uttar Pradesh that has less than two years of experience can expect to earn somewhere in the region of 301,800 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Banking Reference Data Manager salary would increase to 413,900 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Banking Reference Data Manager, the average salary would be 589,400 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 719,100 INR.
  • 15 - 20 Years Experience. A Banking Reference Data Manager with 15 to 20 years of experience can earn an average of 756,700 INR.
  • 20+ Years Experience. For a Banking Reference Data Manager with more than 20 years, the expected average salary increases to 824,800 INR.

Average Salary by Experience Chart

0-2 Years-
301,800 INR
2-5 Years+38%
413,900 INR
5-10 Years+42%
589,400 INR
10-15 Years+22%
719,100 INR
15-20 Years+6%
756,700 INR
20+ Years+9%
824,800 INR

Banking Reference Data Manager Salary by Education Level in Uttar Pradesh

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Banking Reference Data Manager in Uttar Pradesh based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Banking Reference Data Manager in Uttar Pradesh with a bachelor's degree education can earn an average salary of 413,900 INR.
  • Master's Degree. A Banking Reference Data Manager in Uttar Pradesh with a master's degree education can earn an average salary of 756,700 INR.

Average Salary by Education Chart

Bachelor's Degree-
413,900 INR
Master's Degree+83%
756,700 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Banking Reference Data Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Uttar Pradesh, a male banking reference data manager will earn an average of 492,700 INR, while a female banking reference data manager will earn around 420,100 INR.

This means that a male banking reference data manager earns approximately 17% more than a female banking reference data manager for performing the same job.

Average Salary by Gender Chart in Uttar Pradesh

Male-
492,700 INR
Female-17%
420,100 INR

Banking Reference Data Manager Average Pay Raise in Uttar Pradesh

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Banking Reference Data Manager in Uttar Pradesh is around 13% every 16 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 16 ) × 12  = 10%

What this means is that a Banking Reference Data Manager in Uttar Pradesh can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Uttar Pradesh for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Banking Reference Data Manager Bonus and Incentive Rates in Uttar Pradesh

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Banking Reference Data Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus-
80%
No Bonus-
20%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector-
392,300 INR
Private Sector-6%
371,100 INR

Salaries for Jobs Similar to a Banking Reference Data Manager

In the table below, we have salary information for jobs that are similar to a Banking Reference Data Manager in Uttar Pradesh.

Job TitleCategorySalary
AML AnalystBanking588,500 INR
ATM ManagerBanking558,300 INR
ATM Service TechnicianBanking152,300 INR
Assistant Bank Branch ManagerBanking502,200 INR
Assistant Bank ManagerBanking660,500 INR
Bank Accounts AnalystBanking222,300 INR
Bank Accounts CollectorBanking137,400 INR
Bank Accounts ControllerBanking283,700 INR
Bank Accounts ExecutiveBanking420,800 INR
Bank Accounts ManagerBanking491,000 INR
Bank Auditing ManagerBanking496,100 INR
Bank Branch ManagerBanking684,900 INR
Bank Branch Operations CoordinatorBanking301,600 INR
Bank ClerkBanking128,900 INR
Bank Client Service AssociateBanking185,100 INR
Bank CollectorBanking137,400 INR
Bank Compliance SpecialistBanking359,900 INR
Bank ManagerBanking798,900 INR
Bank Operational Risk ManagerBanking790,600 INR
Bank Operations HeadBanking814,500 INR
Bank Operations OfficerBanking317,700 INR
Bank Operations SpecialistBanking498,000 INR
Bank Process ManagerBanking451,000 INR
Bank Product Manager Banking519,300 INR
Bank Programme ManagerBanking548,800 INR
Bank Project ManagerBanking643,800 INR
Bank Propositions ManagerBanking574,200 INR
Bank Quantitative AnalystBanking403,100 INR
Bank Regional ManagerBanking832,000 INR
Bank Regional Risk OfficerBanking420,800 INR
Bank Relationship ManagerBanking608,500 INR
Bank Relationship OfficerBanking275,200 INR
Bank TellerBanking143,200 INR
BankerBanking283,700 INR
Banking Business AnalystBanking447,300 INR
Banking Business Development OfficerBanking263,100 INR
Banking Business Planning ExecutiveBanking597,800 INR
Banking Product ManagerBanking519,300 INR
Banking Risk AnalystBanking414,000 INR
Banking Technical AnalystBanking222,300 INR
Bankruptcy CoordinatorBanking296,000 INR
Bill and Account CollectorBanking150,000 INR
Budget AnalystBanking414,000 INR
Capital Risk ManagerBanking790,600 INR
Cards Marketing ManagerBanking524,700 INR
Cash Management ManagerBanking731,700 INR
Check Processing ManagerBanking539,700 INR
Commercial Vault AssociateBanking407,300 INR
Corporate BankerBanking301,600 INR
Corporate DealerBanking431,300 INR
Credit AnalystBanking325,600 INR
Credit Card Fraud InvestigatorBanking430,500 INR
Credit Portfolio ManagerBanking780,600 INR
Credit Risk AnalystBanking467,100 INR
Credit Risk AssociateBanking447,300 INR
Credit and Collections ManagerBanking562,600 INR
Direct Bank Sales RepresentativeBanking296,000 INR
Exchange Control ConsultantBanking440,200 INR
Executive Account AnalystBanking411,400 INR
Financial Bank Planning ConsultantBanking537,300 INR
Financial Banking Analysis ManagerBanking615,700 INR
Financial Banking AssistantBanking197,600 INR
Financial Banking Systems ManagerBanking568,500 INR
Foreign Exchange ManagerBanking608,500 INR
Fraud AnalystBanking444,300 INR
Fraud Detection AssociateBanking301,600 INR
Fraud Detection ManagerBanking649,700 INR
Fraud Detection SupervisorBanking363,000 INR
Internal Bank Audit ManagerBanking759,300 INR
Internal Bank AuditorBanking406,300 INR
Internal Private BankerBanking301,600 INR
International Banking ManagerBanking854,300 INR
Investment Banking AnalystBanking605,700 INR
Loan AnalystBanking414,000 INR
Loan Area ManagerBanking507,300 INR
Loan Audit Team LeaderBanking475,700 INR
Loan Branch ManagerBanking471,700 INR
Loan Business Development OfficerBanking252,300 INR
Loan ClerkBanking150,000 INR
Loan Collection ManagerBanking502,200 INR
Loan Collection and Recovery ManagerBanking502,200 INR
Loan CollectorBanking137,400 INR
Loan ExaminerBanking183,600 INR
Loan OfficerBanking159,400 INR
Loan Processing ManagerBanking451,000 INR
Loan ProcessorBanking189,300 INR
Loan Quality Assurance AuditorBanking420,800 INR
Loan Quality Assurance ManagerBanking471,700 INR
Loan Quality Assurance RepresentativeBanking314,500 INR
Loan Review ManagerBanking472,000 INR
Loan Team LeaderBanking420,800 INR
Loans ManagerBanking558,300 INR
Mortgage AdvisorBanking288,700 INR
Mortgage Collection ManagerBanking491,000 INR
Mortgage CollectorBanking137,400 INR
Mortgage Credit AnalystBanking222,300 INR
Mortgage Credit ManagerBanking467,100 INR
Mortgage Development ManagerBanking537,300 INR
Mortgage Document ReviewerBanking183,600 INR
Mortgage Funding ManagerBanking539,700 INR
Mortgage Operations ManagerBanking724,300 INR
Mortgage Payment Processing ClerkBanking159,400 INR
Mortgage Processing ManagerBanking478,000 INR
Mortgage ProcessorBanking189,300 INR
Mortgage Quality Assurance AuditorBanking414,000 INR
Mortgage Quality Assurance ManagerBanking472,000 INR
Mortgage Servicing ClerkBanking146,200 INR
Mortgage Servicing ManagerBanking462,300 INR
Mortgage UnderwriterBanking176,800 INR
Online Banking ManagerBanking725,700 INR
Payment Processing ClerkBanking150,000 INR
Personal BankerBanking301,600 INR
Personal Banking Advisor Banking309,800 INR
Phone BankerBanking200,000 INR
Private BankerBanking301,600 INR
Reconciliation and Investigation SpecialistBanking341,400 INR
Tax OfficerBanking249,600 INR
TellerBanking143,200 INR
Trade OfficerBanking172,200 INR
Trade Product ManagerBanking491,000 INR
TraderBanking204,000 INR
Treasury Operations OfficerBanking369,300 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Ahmadabad524,700 INR
Bangalore535,900 INR
Bhopal483,400 INR
Chennai504,400 INR
Coimbatore445,100 INR
Delhi539,700 INR
Ghaziabad433,400 INR
Hyderabad528,500 INR
Indore445,100 INR
Jaipur480,300 INR
Kanpur487,600 INR
Kolkata496,100 INR
Lucknow489,500 INR
Ludhiana424,300 INR
Madurai412,000 INR
Mumbai513,300 INR
Nagpur451,000 INR
Patna431,300 INR
Pimpri-Chinchwad467,700 INR
Pune472,100 INR
Surat504,300 INR
Vadodara433,400 INR
Visakhapatnam466,300 INR
agra428,400 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

StateAverage Salary
Andaman & Nicobar Islands409,000 INR
Andhra Pradesh524,400 INR
Arunachal Pradesh437,300 INR
Assam498,500 INR
Bihar551,200 INR
Chandigarh409,000 INR
Chhatisgarh476,600 INR
Dadra & Nagar Haveli394,800 INR
Daman & Diu383,300 INR
Delhi453,200 INR
Goa407,300 INR
Gujarat544,800 INR
Haryana496,100 INR
Himachal Pradesh472,100 INR
Jammu & Kashmir478,000 INR
Jharkhand516,100 INR
Karnataka529,600 INR
Kerala501,400 INR
Lakshadweep389,200 INR
Madhya Pradesh533,000 INR
Maharashtra538,600 INR
Manipur437,300 INR
Meghalaya431,100 INR
Mizoram403,100 INR
Nagaland417,100 INR
Orissa483,800 INR
Pondicherry442,200 INR
Punjab507,300 INR
Rajasthan548,500 INR
Sikkim419,400 INR
Tamil Nadu537,300 INR
Tripura455,400 INR
Uttaranchal462,300 INR
West Bengal537,300 INR

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