Sbm Bank Manager Salaries by 30+ Employees (Updated 2024)

4 - 15 years exp.

₹8 Lakhs - ₹19.5 Lakhs

Salary of majority employees

12% less than the average Manager Salary in Financial Services Companies for 4 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 15 years exp. (9 salaries)	₹8.4 L/yr - ₹19.2 L/yr
Sales & Business Development Manager Salary 7 - 11 years exp. (4 salaries)	₹13 L/yr - ₹15.5 L/yr
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Risk Management & Compliance Manager Salary 4 - 8 years exp. (4 salaries)	₹12.2 L/yr - ₹19.5 L/yr
Customer Success, Service & Operations Manager Salary 11 - 14 years exp. (3 salaries)	₹8 L/yr - ₹12.5 L/yr
Product Management Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹16.8 L/yr - ₹19.4 L/yr

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Last Updated: 29 Nov 2024

Companies similar to Sbm Bank for Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (10.1k salaries)	₹5 L/yr - ₹14.5 L/yr 34% less	1 job opening
ICICI Bank Manager Salary 0 - 18 years exp. (4.7k salaries)	₹5.5 L/yr - ₹18 L/yr 16% less
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹4.8 L/yr - ₹14 L/yr 33% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 44% less
State Bank of India Manager Salary 6 - 16 years exp. (516 salaries)	₹10 L/yr - ₹35 L/yr 61% more
IndusInd Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹2.8 L/yr - ₹11.7 L/yr 48% less	1 job opening
Yes Bank Manager Salary 0 - 17 years exp. (2.6k salaries)	₹4 L/yr - ₹13.5 L/yr 38% less
Federal Bank Manager Salary 4 - 12 years exp. (249 salaries)	₹7.8 L/yr - ₹23 L/yr 16% more
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (1.4k salaries)	₹4 L/yr - ₹15 L/yr 41% less
RBL Bank Manager Salary 2 - 16 years exp. (728 salaries)	₹4.2 L/yr - ₹15.2 L/yr 39% less
Invesco Asset Management Manager Salary 3 - 14 years exp. (26 salaries)	₹6 L/yr - ₹23 L/yr 6% less
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IDBI Capital Manager Salary 2 - 22 years exp. (21 salaries)	₹8 L/yr - ₹20 L/yr 11% less
Transaction Solution International India Manager Salary 7 - 15 years exp. (21 salaries)	₹6 L/yr - ₹8.5 L/yr 49% less
Karvy Financial Services Manager Salary 2 - 20 years exp. (20 salaries)	₹4.5 L/yr - ₹15 L/yr 37% less
India Ratings & Research Manager Salary 6 - 10 years exp. (14 salaries)	₹6 L/yr - ₹16.6 L/yr 29% less
Aaa Capital Services Manager Salary 0 - 20 years exp. (12 salaries)	₹7.6 L/yr - ₹24.5 L/yr 10% more
Oremus Corporate Services Manager Salary 2 - 13 years exp. (9 salaries)	₹8.1 L/yr - ₹13 L/yr 29% less
Bss Microfinance Manager Salary 1 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹8 L/yr 71% less
Reliance Money Manager Salary 2 - 14 years exp. (7 salaries)	₹6.6 L/yr - ₹10.5 L/yr 46% less
Profectus Capital Manager Salary 5 - 13 years exp. (5 salaries)	₹8.5 L/yr - ₹13 L/yr 23% less

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Manager salary at Sbm Bank ranges between ₹8 Lakhs to ₹19.5 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 31 latest salaries received from various employees of Sbm Bank.

Experience wise Sbm Bank Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹12.2 L/yr - ₹19.2 L/yr
5 years (5 salaries)	₹10 L/yr - ₹19.4 L/yr
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6 years (4 salaries)	₹12 L/yr - ₹19.4 L/yr
7 years (3 salaries)	₹14 L/yr - ₹19.5 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹17.5 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹25.7 L/yr
10 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹25.4 L/yr
11 years (3 salaries)	₹8.4 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹24.7 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹13.7 L/yr
14 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹13.7 L/yr
15+ years (3 salaries)	₹9 L/yr - ₹23.7 L/yr

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Similar Designation salaries in Sbm Bank

Deputy Manager Salary

(33 salaries)

₹5.4 L/yr - ₹12.75 L/yr

Finance Manager Salary

(5 salaries)

₹16.5 L/yr - ₹20.5 L/yr

Management Trainee Salary

(4 salaries)

₹6 L/yr - ₹7.5 L/yr

Assistant Vice President Salary

(16 salaries)

₹19 L/yr - ₹36 L/yr

Salary related reviews for Sbm Bank

2.4

Rated by 4 employees for salary & benefits

Relationship Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 06 Jun 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about this bank. Bank has horrible working environment and there is no hr.

Dislikes

Sbm bank has negative image in the market, also not having products and services to cater the client base. Culture is horrible. I seen senior people enjoying revenue from fixed customer who was associated to the bank in bank's earlier time. No new business generating, highly paid seniors are looting the bank. Bank has no vision so very soon u will get some news abt the bank. Obviously not positive

Country Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 Nov 2023

5.0

for Salary and Benefits

Likes

Super bosses Neeraj and Nitin. Freedom to work and travel Free to do experiments to get good results Here you can apply your skills and experience freely

Dislikes

Support function. People are old in system and they don’t want to work. Sales team is good at very product but here credit people are not good they just want rest

Deputy Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 20 May 2023

2.0

for Salary and Benefits

Likes

You can enjoy only if you have your supervisor support and lazy people also can easily survive. but don't expect any hike, promotion and incentives.

Dislikes

The incentive structure is worst being in sales, operations job is good as comparatively. You won't get any appreciation and lazy management to action when it comes to employee's problem.

Senior Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Pathetic culture is worst across industry superior support is worst they show u picture but things are way different

Dislikes

Pathetic No work life balance hell place to work superior are least supportive no leaves

Manager in Navi Mumbai

Operations Department

1.0

• posted on 12 Oct 2021

1.0

for Salary and Benefits

Likes

Cannot just even think of one.

Dislikes

The employees at Senior level are highly insure in their jobs. Management is poor. Bank is 100% dependent on vendors for work.Being WOS(wholly owned subsidiary) the Bank is just enjoying the capital from State Bank of Mauritius. Neither they have any self identity nor they want to build one. If you are Career minded, this is a warning signal for you because you will end up screwing your career if you join. HR is absolutely useless and arrogant with no moral values.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Sbm Bank Manager Salary FAQs

What is the salary of Manager at Sbm Bank?

Manager salary at Sbm Bank in India ranges between ₹8.0 Lakhs to ₹19.5 Lakhs for experience between 4 years to 15 years. According to our estimates it is 12% less than the average Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Sbm Bank India.

How does the salary of a Manager at Sbm Bank India compare with the average salary range for this job?

The average salary of a Manager at Sbm Bank is 12% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Sbm Bank to a Manager in India?

William O'Neil & Co Manager Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
State Bank of India Manager Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
Federal Bank Manager Salary - ₹7.8 Lakhs to ₹23.0 Lakhs per year
Aaa Capital Services Manager Salary - ₹7.6 Lakhs to ₹24.5 Lakhs per year

What is the salary of a Manager in companies similar to Sbm Bank in India?

Invesco Asset Management Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
IDBI Capital Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
ART Housing Finance (India) Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
Profectus Capital Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Manager at Sbm Bank in India?

The estimated take-home salary of a Manager at Sbm Bank ranges between ₹98,755 per month to ₹1,01,436 per month in India. The take-home salary calculation is based on the average Sbm Bank Manager salary in India which ranges between ₹8.0 Lakhs to ₹19.5 Lakhs per year for employees with experience between 4 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager at Sbm Bank?

According to AmbitionBox, 87% of the Sbm Bank Managers reported a notice period of 3 Months, 6% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Sbm Bank Manager Salaries

Sbm Bank Manager salary in India ranges between ₹8 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Sbm Bank latest salaries received from various employees of Sbm Bank.