State Bank of India Area Sales Manager Salaries by 10 Employees (Updated 2024)

5 - 13 years exp.

₹5.5 Lakhs - ₹12.2 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Area Sales Manager Salary in Banking Companies for 5 - 13 years of experience

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Last Updated: 22 May 2024

Companies similar to State Bank of India for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 8 - 19 years exp. (342 salaries)	₹7 L/yr - ₹23.9 L/yr 60% more
ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (108 salaries)	₹3 L/yr - ₹13 L/yr 18% less
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Axis Bank Area Sales Manager Salary 6 - 21 years exp. (1.1k salaries)	₹6.5 L/yr - ₹23 L/yr 53% more	2 job openings
Kotak Mahindra Bank Area Sales Manager Salary 6 - 17 years exp. (246 salaries)	₹6 L/yr - ₹23 L/yr 46% more	2 job openings
Yes Bank Area Sales Manager Salary 8 - 17 years exp. (223 salaries)	₹6.8 L/yr - ₹23 L/yr 52% more	1 job opening
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (1k salaries)	₹5 L/yr - ₹17 L/yr 17% more	4 job openings
IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (178 salaries)	₹8.3 L/yr - ₹24 L/yr 57% more
Federal Bank Area Sales Manager Salary 3 - 18 years exp. (11 salaries)	₹2.8 L/yr - ₹12.5 L/yr 16% less
RBL Bank Area Sales Manager Salary 6 - 15 years exp. (79 salaries)	₹4.5 L/yr - ₹15.8 L/yr 6% more	1 job opening
Punjab National Bank Area Sales Manager Salary 5 - 20 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 2% less
Bandhan Bank Area Sales Manager Salary 6 - 18 years exp. (99 salaries)	₹4.6 L/yr - ₹17.6 L/yr 11% more
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Standard Chartered Area Sales Manager Salary 7 - 16 years exp. (25 salaries)	₹8.7 L/yr - ₹24 L/yr 48% more
India Post Payments Bank Area Sales Manager Salary 6 - 17 years exp. (17 salaries)	₹9 L/yr - ₹12 L/yr 14% more
Baroda Global Shared Services Area Sales Manager Salary 6 - 14 years exp. (14 salaries)	₹4.2 L/yr - ₹12 L/yr 15% less	4 job openings
Deutsche Bank Area Sales Manager Salary 6 - 16 years exp. (12 salaries)	₹11.3 L/yr - ₹17 L/yr 58% more	1 job opening
IDBI Bank Area Sales Manager Salary 0 - 11 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 6% less
Bank of Baroda Area Sales Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹10.2 L/yr At par
Barclays Area Sales Manager Salary 0 - 11 years exp. (3 salaries)	₹8 L/yr - ₹24 L/yr 45% more

Area Sales Manager salary at State Bank of India ranges between ₹5.5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Area Sales Manager salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.7 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15.3 L/yr
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7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹15.9 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹16.6 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.8 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.6 L/yr
13 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.6 L/yr

View all

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Salary related reviews for State Bank of India

5.0

Rated by 2 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Dec 2023

3.0

for Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Branch Manager in Akola

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Dec 2023

1.0

for Salary and Benefits

Likes

There is nothing significant to write in this section.

Dislikes

...BI is its HR section and due to this, the problems faced by employees get worse. Seniors often resort to verbal personal attacks, humiliate you publicly, decline your bills, stop your salary, etc. They make sure you are ostracized, from others. You are never granted leave. Asking for leave is like asking for parole as if you are incarcerated, and as with parole, your leaves are rejected. They will play mind games and they will stalk you, where you live, where you go, who you are talking to, whether you are leaving the place, and many more. Better not to work here, than get your confidence completely shattered. Hope it helps anybody reading.

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a technical project manager

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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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State Bank of India Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at State Bank of India?

Area Sales Manager salary at State Bank of India in India ranges between ₹5.5 Lakhs to ₹12.2 Lakhs for experience between 5 years to 13 years. According to our estimates it is 6% less than the average Area Sales Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Area Sales Manager at State Bank of India is 6% less than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Area Sales Manager in India?

HDFC Bank Area Sales Manager Salary - ₹7.0 Lakhs to ₹23.9 Lakhs per year
Deutsche Bank Area Sales Manager Salary - ₹11.3 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank Area Sales Manager Salary - ₹8.3 Lakhs to ₹24.0 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Yes Bank Area Sales Manager Salary - ₹6.8 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Area Sales Manager in companies similar to State Bank of India in India?

Standard Chartered Area Sales Manager Salary - ₹8.7 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindra Bank Area Sales Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Barclays Area Sales Manager Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank Area Sales Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
India Post Payments Bank Area Sales Manager Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Area Sales Manager at State Bank of India in India?

The estimated take-home salary of a Area Sales Manager at State Bank of India ranges between ₹66,895 per month to ₹68,607 per month in India. The take-home salary calculation is based on the average State Bank of India Area Sales Manager salary in India which ranges between ₹5.5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Sales Manager at State Bank of India?

According to AmbitionBox, 43% of the State Bank of India Area Sales Managers reported a notice period of 2 Months, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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State Bank of India Area Sales Manager Salaries

State Bank of India Area Sales Manager salary in India ranges between ₹5.5 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 State Bank of India latest salaries received from various employees of State Bank of India.