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SBI Cards & Payment Services Operations Manager salaries in India (Updated 2025)

Annual salary range
2 - 13 years exp.
₹1.8 Lakh - ₹6.7 Lakhs
Salary of majority employees
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52% less than the average Operations Manager Salary in Financial Services Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
2 - 10 years exp. (11 salaries)
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₹1.8 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Operations Manager Salary
7 - 13 years exp. (9 salaries)
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₹4.2 L/yr - ₹13.7 L/yr

Product Management
Operations Manager Salary
4 - 7 years exp. (4 salaries)
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₹3.3 L/yr - ₹9.5 L/yr

Engineering - Software & QA
Operations Manager Salary
2 - 5 years exp. (3 salaries)
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₹2.2 L/yr - ₹4 L/yr

Last Updated: 19 Feb 2025

Companies similar to SBI Cards & Payment Services for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹7.2 L/yr

arrow icon 3% less
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ICICI Home Finance Operations Manager Salary

3 - 11 years exp. (39 salaries)

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₹2.8 L/yr - ₹10.3 L/yr

arrow icon 11% more
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CSC Operations Manager Salary

11 - 15 years exp. (24 salaries)

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₹17.2 L/yr - ₹23.7 L/yr

arrow icon 285% more
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Synchrony Operations Manager Salary

4 - 21 years exp. (21 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 89% more
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₹18 L/yr - ₹25.4 L/yr

arrow icon 316% more
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Kotak Securities Operations Manager Salary

5 - 16 years exp. (16 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 2% less
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Sun Life Financial Operations Manager Salary

11 - 17 years exp. (13 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 222% more
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Vastu Housing Finance Operations Manager Salary

1 - 10 years exp. (12 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 24% less
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₹10.5 L/yr - ₹20 L/yr

arrow icon 192% more
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₹9.1 L/yr - ₹27 L/yr

arrow icon 275% more
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Mr Cooper Operations Manager Salary

10 - 19 years exp. (9 salaries)

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₹15.3 L/yr - ₹24 L/yr

arrow icon 271% more
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Pine Labs Operations Manager Salary

13 - 19 years exp. (9 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 138% more
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Morningstar Operations Manager Salary

11 - 14 years exp. (7 salaries)

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₹16 L/yr - ₹27.5 L/yr

arrow icon 276% more
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₹14 L/yr - ₹29 L/yr

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Nirmal Bang Operations Manager Salary

11 - 14 years exp. (5 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

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₹9 L/yr - ₹30 L/yr

arrow icon 295% more
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Ameriprise Financial Operations Manager Salary

14 - 16 years exp. (5 salaries)

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₹20 L/yr - ₹26.7 L/yr

arrow icon 315% more
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Axis Direct Operations Manager Salary

1 - 9 years exp. (5 salaries)

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₹2.1 L/yr - ₹9.2 L/yr

arrow icon 1% more
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₹12 L/yr - ₹21 L/yr

arrow icon 254% more
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₹4 L/yr - ₹23.2 L/yr

arrow icon 206% more
View all
Operations Manager salary at SBI Cards & Payment Services ranges between ₹1.8 Lakh to ₹6.7 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 31 latest salaries received from various employees of SBI Cards & Payment Services.

Latest annual salaries shared by SBI Cards & Payment Services Operations Manager

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7 years exp.
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11 years exp.
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13 years exp.
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13 years exp.
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Experience wise SBI Cards & Payment Services Operations Manager salaries

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹1.8 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹7.6 L/yr
4 years  (4 salaries)

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₹2.2 L/yr - ₹8 L/yr
5 years  (4 salaries)

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₹2.2 L/yr - ₹9.4 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹8 L/yr
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Similar Designation salaries in SBI Cards & Payment Services

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₹2.4 L/yr - ₹7 L/yr
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₹12.25 L/yr - ₹18 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹1.2 L/yr - ₹8.5 L/yr
Team Manager Salary
(35 salaries)
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₹2.25 L/yr - ₹5.2 L/yr
Branch Manager Salary
(5 salaries)
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₹3 L/yr - ₹4 L/yr
Area Manager Salary
(25 salaries)
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₹7 L/yr - ₹15 L/yr
Deputy Manager Salary
(21 salaries)
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₹2.61 L/yr - ₹10.5 L/yr
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₹8 L/yr - ₹12 L/yr
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₹7.55 L/yr - ₹16 L/yr

Top skills at SBI Cards & Payment Services for Operations Manager

PoS Merchant Banking Payments Merchant Acquiring Leadership Customer Satisfaction Settlements Reconciliation Auditing Revenue Collection Coordination

Salary related reviews for SBI Cards & Payment Services

3.2

Rated by 8 employees for salary & benefits

Full Time

 · 

Credit Card Sales Department

1.0
  •  posted on 08 Dec 2022

1.0
 for  Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

read more
  • Salary - Bad
  • +6 more

Strategic & Top Management Department

3.0
  •  posted on 02 Nov 2020

4.0
 for  Salary and Benefits

Likes

Salary structure, bonus.

  • Salary - Good

Dislikes

Poor and bureaucratic Work Culture. No work life balance. Non existent processes and work ethics. No induction trainings. Work deliverables and timelines gets changed on the whims of leadership. Entire critical workload is outsourced to third parties for each business function including HR.

read more
  • Skill development - Poor
  • +4 more

Finance & Accounting Department

5.0
  •  posted on 20 Jul 2019

1.0
 for  Salary and Benefits

Likes

I do not feel like a job secured in this company because it is a third party pay roll pay. I have to go to the roll

read more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

Working with sbi card is helpful to developing skills and knowledge about marketing ,sales and nature of custmors.

  • Skill development - Excellent
  • +1 more

Dislikes

Less salary as comparing ti work timing and targets. And have no opporturenities of pramotins.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Other Department

1.0
  •  posted on 16 Dec 2024

1.0
 for  Salary and Benefits

Likes

I DONT LIKE ANYTHING

Dislikes

Very very bad experience too pressure ATM DOESN'T have brain If ask leave will scold vulger language They do not have manners and emotions They will increase salary but not increment amount will not credit in bank if ask no one will give response . ATM is A fool ,not have minimum Excel knowledge ,not have good communication skills Hello recruited 2 Trainer both are not have skills but hit awards I dint know how they are given judgment Just simply foolish management

read more
  • Salary - Bad
  • +6 more
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SBI Cards & Payment Services Operations Manager Salary FAQs

What is the salary of Operations Manager at SBI Cards & Payment Services ?
The average salary of a Operations Manager at SBI Cards & Payment Services in India typically ranges from ₹1.8 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Operations Manager at SBI Cards & Payment Services earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹13.7 Lakhs per year. Operations Manager Salaries at SBI Cards & Payment Services 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 30+ SBI Cards & Payment Services employees in India.
What is the estimated take home salary of a Operations Manager at SBI Cards & Payment Services in India?
The estimated take-home salary of a Operations Manager at SBI Cards & Payment Services in India typically ranges from ₹39,298 to ₹40,474 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 2 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 30+ salaries received from various employees of SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Operations Manager at SBI Cards & Payment Services ?
To be a Operations Manager at SBI Cards & Payment Services in india, the key skills required include:

  • - PoS
  • - Merchant Banking
  • - Payments
  • - Merchant Acquiring
  • - Leadership

These skills are highly valued at SBI Cards & Payment Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Cards & Payment Services for Operations Manager in India?
Invesco ₹22.0 Lakhs to ₹25.0 Lakhs per year
Ocwen Financial Solutions ₹18.0 Lakhs to ₹25.4 Lakhs per year
Ameriprise Financial ₹20.0 Lakhs to ₹26.7 Lakhs per year
TIAA Global Business Services ₹9.0 Lakhs to ₹30.0 Lakhs per year
CSC ₹17.2 Lakhs to ₹23.7 Lakhs per year

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

Morningstar ₹16.0 Lakhs to ₹27.5 Lakhs per year
Mashreq Global Services ₹9.1 Lakhs to ₹27.0 Lakhs per year
Mr Cooper ₹15.3 Lakhs to ₹24.0 Lakhs per year
Fidelity International ₹14.0 Lakhs to ₹29.0 Lakhs per year
National Stock Exchange of India ₹12.0 Lakhs to ₹21.0 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 Operations Manager at SBI Cards & Payment Services in India?
The salary growth for a Operations Manager at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at SBI Cards & Payment Services:

Experience Average Salary Range
2 years ₹1.8 Lakhs to ₹7.1 Lakhs per year
3 years ₹3.3 Lakhs to ₹7.6 Lakhs per year
4 years ₹2.2 Lakhs to ₹8.0 Lakhs per year
5 years ₹2.2 Lakhs to ₹9.4 Lakhs per year
and so on.

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SBI Cards & Payment Services Operations Manager salary in India ranges between ₹1.8 Lakh to ₹6.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.