Sbm Bank Senior Manager Salaries by 30+ Employees (Updated 2025)

6 - 18 years exp.

₹14 Lakhs - ₹22 Lakhs

Salary of majority employees

19% less than the average Senior Manager Salary in Financial Services Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 6 - 18 years exp. (14 salaries)	₹14 L/yr - ₹22 L/yr
Finance & Accounting Senior Manager Salary 7 - 10 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr
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Sales & Business Development Senior Manager Salary 10 - 13 years exp. (4 salaries)	₹14 L/yr - ₹18 L/yr
Customer Success, Service & Operations Senior Manager Salary 9 - 18 years exp. (3 salaries)	₹15.7 L/yr - ₹17.5 L/yr

Last Updated: 22 Jan 2025

Companies similar to Sbm Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6k salaries)	₹8 L/yr - ₹24 L/yr 13% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹27 L/yr 2% less
Login to view exact salary
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28 L/yr 8% less	1 job opening
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (3.5k salaries)	₹6.5 L/yr - ₹19.1 L/yr 27% less
State Bank of India Senior Manager Salary 5 - 15 years exp. (73 salaries)	₹9 L/yr - ₹35 L/yr 19% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (346 salaries)	₹5.3 L/yr - ₹20 L/yr 31% less	2 job openings
Yes Bank Senior Manager Salary 2 - 19 years exp. (2.4k salaries)	₹5.8 L/yr - ₹22 L/yr 28% less
Federal Bank Senior Manager Salary 6 - 14 years exp. (181 salaries)	₹9.6 L/yr - ₹30 L/yr 34% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.4k salaries)	₹7 L/yr - ₹22.4 L/yr 17% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (818 salaries)	₹6 L/yr - ₹20 L/yr 29% less
IDBI Capital Senior Manager Salary 5 - 17 years exp. (25 salaries)	₹10 L/yr - ₹22.3 L/yr 11% more
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Invesco Asset Management Senior Manager Salary 6 - 14 years exp. (11 salaries)	₹11.2 L/yr - ₹28.5 L/yr 20% more
Karvy Financial Services Senior Manager Salary 9 - 20 years exp. (10 salaries)	₹8 L/yr - ₹15 L/yr 35% less
Aaa Capital Services Senior Manager Salary 3 - 13 years exp. (10 salaries)	₹3.2 L/yr - ₹6.2 L/yr 73% less
Oremus Corporate Services Senior Manager Salary 12 - 16 years exp. (7 salaries)	₹10 L/yr - ₹16 L/yr 25% less
Reliance Money Senior Manager Salary 9 - 17 years exp. (7 salaries)	₹11.2 L/yr - ₹18 L/yr 21% less
Servosys Solutions Senior Manager Salary 5 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹12.3 L/yr 35% less
Bss Microfinance Senior Manager Salary 4 - 10 years exp. (6 salaries)	₹6.5 L/yr - ₹11 L/yr 48% less
India Ratings & Research Senior Manager Salary 4 - 11 years exp. (6 salaries)	₹12.5 L/yr - ₹19.2 L/yr 12% less
Transaction Solution International India Senior Manager Salary 10 - 23 years exp. (5 salaries)	₹11.6 L/yr - ₹18 L/yr 21% less

View all

Senior Manager salary at Sbm Bank ranges between ₹14 Lakhs to ₹22 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 32 latest salaries received from various employees of Sbm Bank.

Experience wise Sbm Bank Senior Manager salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹16 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹30.2 L/yr
Login to view exact salary
8 years (4 salaries)	₹16.2 L/yr - ₹22 L/yr
9 years (5 salaries)	₹16.5 L/yr - ₹22 L/yr
10 years (4 salaries)	₹14 L/yr - ₹18 L/yr
11 years (3 salaries)	₹6.9 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹18.7 L/yr
15+ years (8 salaries)	₹15.7 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Sbm Bank

Deputy Manager Salary

(29 salaries)

₹5.4 L/yr - ₹12.75 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Relationship Manager Salary

(12 salaries)

₹6.1 L/yr - ₹14.69 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

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Salary related reviews for Sbm Bank

3.4

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

Salary - Bad

+6 more

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

Salary - Excellent

+5 more

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.

Salary - Poor

+6 more

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

Salary - Bad

+6 more

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.

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Sbm Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Sbm Bank?

Senior Manager salary at Sbm Bank in India ranges between ₹14.0 Lakhs to ₹22.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 19% less than the average Senior Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Sbm Bank India.

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

The average salary of a Senior Manager at Sbm Bank is 19% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Link Group Senior Manager Salary - ₹35.0 Lakhs to ₹38.0 Lakhs per year
Profectus Capital Senior Manager Salary - ₹10.8 Lakhs to ₹33.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹9.6 Lakhs to ₹30.0 Lakhs per year
Invesco Asset Management Senior Manager Salary - ₹11.2 Lakhs to ₹28.5 Lakhs per year
State Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year

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

IDBI Capital Senior Manager Salary - ₹10.0 Lakhs to ₹22.3 Lakhs per year
Dmi Housing Finance Senior Manager Salary - ₹12.5 Lakhs to ₹22.8 Lakhs per year
ICICI Bank Senior Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
India Ratings & Research Senior Manager Salary - ₹12.5 Lakhs to ₹19.2 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Sbm Bank ranges between ₹1,17,455 per month to ₹1,20,741 per month in India. The take-home salary calculation is based on the average Sbm Bank Senior Manager salary in India which ranges between ₹14.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 93% of the Sbm Bank Senior Managers reported a notice period of 3 Months, 3% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Sbm Bank Senior Manager Salaries

Sbm Bank Senior Manager salary in India ranges between ₹14 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Sbm Bank latest salaries received from various employees of Sbm Bank.