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State Bank of India Assistant Manager salaries in Chennai (Updated 2025)

Annual salary range
2 - 12 years exp.
₹6 Lakhs - ₹17 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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46% more than the average Assistant Manager Salary in Banking Companies for 2 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
2 - 9 years exp. (19 salaries)
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₹6.3 L/yr - ₹14 L/yr

Finance & Accounting
Assistant Manager Salary
5 - 10 years exp. (8 salaries)
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₹9 L/yr - ₹17 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 12 years exp. (5 salaries)
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₹7.6 L/yr - ₹12 L/yr

Engineering - Software & QA
Assistant Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.8 L/yr

Sales & Business Development
Assistant Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹12 L/yr

Last Updated: 15 Feb 2025

Companies similar to State Bank of India for Assistant Manager in Chennai

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State Bank of India Assistant Manager Salary

2 - 12 years exp. (45 salaries)

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₹6 L/yr - ₹17 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 69% less
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Axis Bank Assistant Manager Salary

0 - 9 years exp. (1.1k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 67% less
1 job opening
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (679 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 67% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (628 salaries)

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₹1.3 L/yr - ₹4.7 L/yr

arrow icon 71% less
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Yes Bank Assistant Manager Salary

0 - 11 years exp. (508 salaries)

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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 63% less
1 job opening
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Standard Chartered Assistant Manager Salary

3 - 18 years exp. (406 salaries)

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₹5.4 L/yr - ₹19.5 L/yr

arrow icon 4% less
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IndusInd Bank Assistant Manager Salary

0 - 11 years exp. (208 salaries)

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₹2 L/yr - ₹5.1 L/yr

arrow icon 69% less
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Barclays Assistant Manager Salary

2 - 15 years exp. (202 salaries)

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₹7.6 L/yr - ₹23 L/yr

arrow icon 12% more
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IDFC FIRST Bank Assistant Manager Salary

1 - 10 years exp. (94 salaries)

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₹2.9 L/yr - ₹7.1 L/yr

arrow icon 60% less
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IDBI Bank Assistant Manager Salary

0 - 13 years exp. (39 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 1% less
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Indian Bank Assistant Manager Salary

1 - 11 years exp. (34 salaries)

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₹6.2 L/yr - ₹12.2 L/yr

arrow icon 20% less
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Canara Bank Assistant Manager Salary

3 - 10 years exp. (23 salaries)

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₹7 L/yr - ₹14.5 L/yr

At par
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Shinhan Bank Assistant Manager Salary

2 - 8 years exp. (19 salaries)

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₹3.5 L/yr - ₹7.7 L/yr

arrow icon 56% less
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Indian Overseas Bank Assistant Manager Salary

8 - 14 years exp. (13 salaries)

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₹6 L/yr - ₹16.5 L/yr

arrow icon 2% less
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Bank of Baroda Assistant Manager Salary

5 - 11 years exp. (11 salaries)

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₹7 L/yr - ₹15.3 L/yr

arrow icon 2% more
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Union Bank of India Assistant Manager Salary

1 - 7 years exp. (10 salaries)

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₹7.2 L/yr - ₹11 L/yr

arrow icon 11% less
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₹6.5 L/yr - ₹10.6 L/yr

arrow icon 17% less
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Bank of India Assistant Manager Salary

3 - 6 years exp. (4 salaries)

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₹6.5 L/yr - ₹9.6 L/yr

arrow icon 24% less
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The World Bank Assistant Manager Salary

10 - 13 years exp. (3 salaries)

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₹10 L/yr - ₹12 L/yr

arrow icon 16% less
Assistant Manager salary at State Bank of India ranges between ₹6 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 45 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Assistant Manager in Chennai

1mo ago
₹17 Lakhs
7 years exp.
2mo ago
₹14 Lakhs
3 years exp.
3mo ago
₹12 Lakhs
10 years exp.
4mo ago
₹7.6 Lakhs
12 years exp.
5mo ago
₹9 Lakhs
9 years exp.
6mo ago
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4 years exp.
7mo ago
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4 years exp.
8mo ago
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10 years exp.
8mo ago
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8 years exp.
1y ago
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7 years exp.

Experience wise State Bank of India Assistant Manager salaries in Chennai

Last Updated: 15 Feb 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹9 L/yr - ₹22.1 L/yr
3 years  (5 salaries)

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₹6 L/yr - ₹14 L/yr
4 years  (4 salaries)

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₹8 L/yr - ₹14 L/yr
5 years  (9 salaries)

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₹6.6 L/yr - ₹12.8 L/yr
6 years  (6 salaries)

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₹9 L/yr - ₹12.8 L/yr
View all
State Bank of India Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 12 years exp.

Regional Manager

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12 - 26 years exp.

Assistant Manager

0 - 12 years exp.
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Deputy Manager

4 - 15 years exp.
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arrow icon 39% hike

Manager

6 - 16 years exp.
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arrow icon 32% hike

From

To

Assistant Manager

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0 - 12 years exp.

General Manager, Audit

Salary unavailable

From

To

Assistant Manager

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0 - 12 years exp.

New Business Manager

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(50 salaries)
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₹8 L/yr - ₹25 L/yr
Branch Manager Salary
(21 salaries)
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₹9.98 L/yr - ₹27 L/yr

Top skills at State Bank of India for Assistant Manager

Java PLSQL Linux Integration Testing Kubernetes

Salary related reviews for State Bank of India

4.7

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 22 Nov 2023

4.0
 for  Salary and Benefits

Likes

...t department with different designation. I work in front end and back end also. It is having Job security and good salary and perks.

read more
  • Salary - Good
  • +4 more

Dislikes

Its transfer policies which affect both family and work. Work life balance is not happening. Choosing of department is not in our hand it decided by upper authorities so sometime whatever is our base knowledge is not used.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 21 Oct 2023

2.0
 for  Salary and Benefits

Likes

...you want to be a banker, than SBI is better than it's other peers, PSUs and pvt. banks in terms of salary and allowances.

read more
  • Job security - Good

Dislikes

No work life balance of Officers Lot of Ego clash with seniors and posts having authority in LHO Or AO. Using frequent transfers to difficult postings as a weapon against the employee by the controllers. Officers life are degrading day by day so much that clericals don't even want to get promoted even if they are completely eligible as well as capable to become officer.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jul 2023

4.0
 for  Salary and Benefits

Likes

The job has good salary. If you join as PO you will get fast promotions.

  • Salary - Good
  • +1 more

Dislikes

...may even get posted at villages where even basic amenities are not even present. Mang time you’ll be asked to work on holidays Saturday sunday and they will not pay you anything for working on holidays. Laste sitting culture you’ll be working 10 to 9 7 days a week. Pressure for cross selling is very bad and also you will not get a single penny for it. Only top management get incentive/commission so we only do cross selling to earn commission for top management. If you don’t achieve cross selling targets you’ll be treated very bad they’ll even use foul language for you on video meetings.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 May 2023

2.0
 for  Salary and Benefits

Likes

Feels like degraded and pathetic work culture.

Dislikes

...s working in RBO, AO or LHO dont even treat staff working in branches as humans. Where branch staff are the reason for salary they are getting.

read more
  • Salary - Poor
  • +6 more

Administration & Facilities Department

1.0
  •  posted on 29 Dec 2021

1.0
 for  Salary and Benefits

Likes

...his her family from him by transferring farthest places. Work life : terrible Salary : just ok Working culture : like don - key Transfer policy : Blind Human resource : rejected people from operational part

read more

Dislikes

Work life balance Salary Maska Chaploosi Human resource Work culture Don key Many more Recommendation join sbi only when u rejected from all possible job even peon in state or Central govt

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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State Bank of India Assistant Manager Salary FAQs

What is the salary of Assistant Manager at State Bank of India in Chennai?
The average salary of a Assistant Manager at State Bank of India in Chennai typically ranges from ₹6.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Assistant Manager in Chennai at State Bank of India earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Assistant Manager Salaries at State Bank of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ State Bank of India employees in India.
What is the estimated take home salary of a Assistant Manager at State Bank of India in Chennai?
The estimated take-home salary of a Assistant Manager at State Bank of India in Chennai typically ranges from ₹86,768 to ₹89,043 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 2 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at State Bank of India in Chennai?
To be a Assistant Manager at State Bank of India in Chennai, the key skills required include:

  • - Java
  • - PLSQL
  • - Linux
  • - Integration Testing
  • - Kubernetes

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than State Bank of India for Assistant Manager in India?
Barclays ₹7.6 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda ₹7.0 Lakhs to ₹15.3 Lakhs per year
Canara Bank ₹7.0 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to State Bank of India in Chennai?
The salary of a Assistant Manager at companies similar to State Bank of India in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹5.5 Lakhs to ₹16.0 Lakhs per year
Indian Overseas Bank ₹6.0 Lakhs to ₹16.5 Lakhs per year
Standard Chartered ₹5.4 Lakhs to ₹19.5 Lakhs per year
Union Bank of India ₹7.2 Lakhs to ₹11.0 Lakhs per year
The World Bank ₹10.0 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Assistant Manager at State Bank of India in Chennai?
The salary growth for a Assistant Manager at State Bank of India in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
2 years ₹9.0 Lakhs to ₹22.1 Lakhs per year
3 years ₹6.0 Lakhs to ₹14.0 Lakhs per year
4 years ₹8.0 Lakhs to ₹14.0 Lakhs per year
5 years ₹6.6 Lakhs to ₹12.8 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Assistant Manager salary in Chennai ranges between ₹6 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 State Bank of India latest salaries received from various employees of State Bank of India.