Sbm Bank Relationship Manager Salaries by 10+ Employees (Updated 2024)

5 - 14 years exp.

₹6.1 Lakhs - ₹14.7 Lakhs

Salary of majority employees

93% more than the average Relationship Manager Salary in Financial Services Companies for 5 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Relationship Manager Salary 6 - 14 years exp. (5 salaries)	₹9.2 L/yr - ₹14.7 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹12 L/yr

Last Updated: 8 Dec 2024

Companies similar to Sbm Bank for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.1k salaries)	₹2.1 L/yr - ₹11.2 L/yr 28% less	16 job openings
ICICI Bank Relationship Manager Salary 0 - 18 years exp. (12.6k salaries)	₹2.3 L/yr - ₹11.5 L/yr 26% less
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Axis Bank Relationship Manager Salary 0 - 13 years exp. (1.7k salaries)	₹2 L/yr - ₹11.6 L/yr 30% less	3 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.5 L/yr - ₹10 L/yr 38% less	7 job openings
State Bank of India Relationship Manager Salary 4 - 14 years exp. (187 salaries)	₹4.1 L/yr - ₹15.4 L/yr 4% more	1 job opening
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	₹3 L/yr - ₹12 L/yr 21% less	20 job openings
Yes Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	₹3 L/yr - ₹12 L/yr 20% less	15 job openings
Federal Bank Relationship Manager Salary 0 - 4 years exp. (213 salaries)	₹2 L/yr - ₹4.4 L/yr 65% less
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (894 salaries)	₹2 L/yr - ₹11 L/yr 37% less	6 job openings
RBL Bank Relationship Manager Salary 0 - 11 years exp. (1k salaries)	₹1.7 L/yr - ₹7.5 L/yr 52% less	10 job openings
ART Housing Finance (India) Relationship Manager Salary 1 - 8 years exp. (98 salaries)	₹2.2 L/yr - ₹4 L/yr 65% less
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Dmi Housing Finance Relationship Manager Salary 2 - 8 years exp. (88 salaries)	₹2.8 L/yr - ₹4.5 L/yr 61% less
IDBI Capital Relationship Manager Salary 0 - 7 years exp. (57 salaries)	₹2 L/yr - ₹5.4 L/yr 66% less
Profectus Capital Relationship Manager Salary 1 - 10 years exp. (41 salaries)	₹2.8 L/yr - ₹4.5 L/yr 62% less
Reliance Money Relationship Manager Salary 1 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹5 L/yr 62% less
Invesco Asset Management Relationship Manager Salary 6 - 16 years exp. (11 salaries)	₹4.5 L/yr - ₹7.8 L/yr 34% less
Karvy Financial Services Relationship Manager Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 76% less
Mansukh Securities & Finance Relationship Manager Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3.4 L/yr 75% less

Relationship Manager salary at Sbm Bank ranges between ₹6.1 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 13 latest salaries received from various employees of Sbm Bank.

Experience wise Sbm Bank Relationship Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹9.2 L/yr
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7 years (3 salaries)	₹3.6 L/yr - ₹13.8 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹17 L/yr
9 years (3 salaries)	₹3.9 L/yr - ₹13 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹14.7 L/yr

View all

Similar Designation salaries in Sbm Bank

Branch Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Deputy Manager Salary

(33 salaries)

₹5.4 L/yr - ₹12.75 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Top skills at Sbm Bank for Relationship Manager

Relationship Management Saving Account Third Party Products Current Account HNI Client Handling Retail Liabilities Mutual Funds NRI HNI Acquisition Loan against Property Trade Finance Retail Assets Revenue Generation Secured Loan Retail Marketing

Salary related reviews for Sbm Bank

3.1

Rated by 2 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.

see more salary related reviews

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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 Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Sbm Bank?

Relationship Manager salary at Sbm Bank in India ranges between ₹6.1 Lakhs to ₹14.7 Lakhs for experience between 5 years to 14 years. According to our estimates it is 93% more than the average Relationship Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Sbm Bank India.

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

The average salary of a Relationship Manager at Sbm Bank is 93% more than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Sbm Bank?

Relationship Management, Saving Account, Third Party Products, Current Account and HNI Client Handling are some of the popular skills required to work as a Relationship Manager at Sbm Bank India.

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

State Bank of India Relationship Manager Salary - ₹4.1 Lakhs to ₹15.4 Lakhs per year

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

Yes Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹2.3 Lakhs to ₹11.5 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.1 Lakhs to ₹11.2 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹11.6 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Sbm Bank ranges between ₹69,726 per month to ₹71,518 per month in India. The take-home salary calculation is based on the average Sbm Bank Relationship Manager salary in India which ranges between ₹6.1 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Sbm Bank?

According to AmbitionBox, 67% of the Sbm Bank Relationship Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Sbm Bank Relationship Manager Salaries

Sbm Bank Relationship Manager salary in India ranges between ₹6.1 Lakhs to ₹14.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Sbm Bank latest salaries received from various employees of Sbm Bank.