Sbm Bank Mumbai Senior Manager Salaries by 10+ Employees (Updated 2025)

6 - 18 years exp.

₹15 Lakhs - ₹22 Lakhs

Salary of majority employees

17% 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 - 17 years exp. (5 salaries)	₹16 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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Customer Success, Service & Operations Senior Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹15.7 L/yr - ₹17.8 L/yr
Sales & Business Development Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹18 L/yr

Last Updated: 15 Jan 2025

Companies similar to Sbm Bank for Senior Manager in Mumbai

Sbm Bank Senior Manager Salary

6 - 18 years exp. (15 salaries)

₹15 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹28 L/yr 11% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (586 salaries)	₹9.3 L/yr - ₹28.9 L/yr 1% less
Login to view exact salary
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.8 L/yr - ₹27.1 L/yr 4% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹20 L/yr 26% less
State Bank of India Senior Manager Salary 7 - 15 years exp. (20 salaries)	₹11.1 L/yr - ₹35 L/yr 27% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 30% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (983 salaries)	₹6.5 L/yr - ₹22.3 L/yr 28% less
Federal Bank Senior Manager Salary 6 - 15 years exp. (46 salaries)	₹12 L/yr - ₹30 L/yr 33% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (573 salaries)	₹7 L/yr - ₹24.2 L/yr 14% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (337 salaries)	₹6.5 L/yr - ₹20 L/yr 28% less
IDBI Capital Senior Manager Salary 9 - 18 years exp. (24 salaries)	₹10 L/yr - ₹22.3 L/yr At par
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Servosys Solutions Senior Manager Salary 5 - 8 years exp. (4 salaries)	₹8.5 L/yr - ₹12.7 L/yr 34% less
Karvy Financial Services Senior Manager Salary 13 - 15 years exp. (3 salaries)	₹11.2 L/yr - ₹12.2 L/yr 35% less
Profectus Capital Senior Manager Salary 10 - 13 years exp. (3 salaries)	₹26.3 L/yr - ₹33 L/yr 53% more
Reliance Money Senior Manager Salary 12 - 14 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 12% less
Link Group Senior Manager Salary 16 - 18 years exp. (3 salaries)	₹35 L/yr - ₹38 L/yr 105% more

Senior Manager salary at Sbm Bank ranges between ₹15 Lakhs to ₹22 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 15 latest salaries received from various employees of Sbm Bank.

Experience wise Sbm Bank Senior Manager salaries in Mumbai

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.7 L/yr
7 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.9 L/yr
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8 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹31.1 L/yr
9 years (3 salaries)	₹16.6 L/yr - ₹22 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
13 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
14 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
15+ years (5 salaries)	₹15.7 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Sbm Bank

Deputy Manager Salary

(19 salaries)

₹5.4 L/yr - ₹12.75 L/yr

Relationship Manager Salary

(4 salaries)

₹11 L/yr - ₹14.69 L/yr

Salary related reviews for Sbm Bank

4.0

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

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Sbm Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Sbm Bank Mumbai?

Senior Manager salary at Sbm Bank in Mumbai ranges between ₹15.0 Lakhs to ₹22.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 17% less than the average Senior Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Sbm Bank Mumbai.

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

The average salary of a Senior Manager at Sbm Bank is 17% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Link Group Senior Manager Salary - ₹35.0 Lakhs to ₹38.0 Lakhs per year
Profectus Capital Senior Manager Salary - ₹26.3 Lakhs to ₹33.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
State Bank of India Senior Manager Salary - ₹11.1 Lakhs to ₹35.0 Lakhs per year
IDBI Capital Senior Manager Salary - ₹10.0 Lakhs to ₹22.3 Lakhs per year

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

ICICI Bank Senior Manager Salary - ₹9.3 Lakhs to ₹28.9 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.8 Lakhs to ₹27.1 Lakhs per year
HDFC Bank Senior Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
Reliance Money Senior Manager Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank Senior Manager Salary - ₹7.0 Lakhs to ₹24.2 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Sbm Bank ranges between ₹1,19,691 per month to ₹1,23,049 per month in Mumbai. The take-home salary calculation is based on the average Sbm Bank Senior Manager salary in India which ranges between ₹15.0 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 in Mumbai?

According to AmbitionBox, 93% of the Sbm Bank Senior Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 2 Months.This is based on 14 responses on AmbitionBox in last 2 years.

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Sbm Bank Senior Manager Salaries in Mumbai

Sbm Bank Senior Manager salary in Mumbai ranges between ₹15 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Sbm Bank latest salaries received from various employees of Sbm Bank.