State Bank of India Mumbai Assistant Manager Salaries by 70+ Employees (Updated 2025)

0 - 12 years exp.

₹5.2 Lakhs - ₹18 Lakhs

Salary of majority employees

56% more than the average Assistant Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 11 years exp. (20 salaries)	₹5.8 L/yr - ₹18 L/yr
Finance & Accounting Assistant Manager Salary 3 - 12 years exp. (10 salaries)	₹5.4 L/yr - ₹13.5 L/yr
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IT & Information Security Assistant Manager Salary 5 - 10 years exp. (9 salaries)	₹11 L/yr - ₹18 L/yr
Customer Success, Service & Operations Assistant Manager Salary 2 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹12.9 L/yr
Engineering - Software & QA Assistant Manager Salary 3 - 6 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr

Last Updated: 23 Jan 2025

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

State Bank of India Assistant Manager Salary

0 - 12 years exp. (74 salaries)

₹5.2 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 69% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 70% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 69% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1 L/yr - ₹5 L/yr 73% less
Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 29% less
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹6.1 L/yr - ₹19 L/yr 3% less
Canara Bank Assistant Manager Salary 2 - 10 years exp. (32 salaries)	₹5 L/yr - ₹17 L/yr 5% less
Union Bank of India Assistant Manager Salary 1 - 10 years exp. (40 salaries)	₹5 L/yr - ₹15 L/yr 13% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (181 salaries)	₹6 L/yr - ₹20 L/yr 1% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (850 salaries)	₹2.4 L/yr - ₹6.5 L/yr 65% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (574 salaries)	₹1.5 L/yr - ₹6.2 L/yr 70% less
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IDFC FIRST Bank Assistant Manager Salary 0 - 10 years exp. (535 salaries)	₹2.3 L/yr - ₹6.6 L/yr 63% less
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (180 salaries)	₹1.8 L/yr - ₹7 L/yr 64% less	1 job opening
Bank of America Assistant Manager Salary 2 - 18 years exp. (156 salaries)	₹8 L/yr - ₹25 L/yr 44% more	7 job openings
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (132 salaries)	₹5 L/yr - ₹16.4 L/yr 16% less
Bandhan Bank Assistant Manager Salary 0 - 10 years exp. (106 salaries)	₹2.2 L/yr - ₹5.3 L/yr 70% less
Shinhan Bank Assistant Manager Salary 2 - 9 years exp. (45 salaries)	₹3.4 L/yr - ₹12.6 L/yr 45% less
Baroda Global Shared Services Assistant Manager Salary 4 - 10 years exp. (18 salaries)	₹2.8 L/yr - ₹6.1 L/yr 63% less
Bank of India Assistant Manager Salary 2 - 9 years exp. (15 salaries)	₹8 L/yr - ₹14.5 L/yr 1% less
Central Bank of India Assistant Manager Salary 0 - 9 years exp. (13 salaries)	₹6 L/yr - ₹13 L/yr 24% less

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Assistant Manager salary at State Bank of India ranges between ₹5.2 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 74 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Assistant Manager salaries in Mumbai

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.5 L/yr - ₹23.5 L/yr
1 year (AmbitionBox Estimate)	₹7.5 L/yr - ₹14 L/yr
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2 years (8 salaries)	₹7 L/yr - ₹16 L/yr
3 years (7 salaries)	₹8.5 L/yr - ₹16 L/yr
4 years (8 salaries)	₹8 L/yr - ₹15 L/yr
5 years (12 salaries)	₹5.2 L/yr - ₹16 L/yr
6 years (7 salaries)	₹5.3 L/yr - ₹16 L/yr
7 years (4 salaries)	₹11.5 L/yr - ₹18 L/yr
8 years (10 salaries)	₹6.5 L/yr - ₹17 L/yr
9 years (7 salaries)	₹10 L/yr - ₹18 L/yr
10 years (5 salaries)	₹6.5 L/yr - ₹17 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹23.1 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(86 salaries)

₹7.08 L/yr - ₹28 L/yr

Branch Manager Salary

(31 salaries)

₹12 L/yr - ₹28 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

3.6

Rated by 18 employees for salary & benefits

Assistant Manager in Mumbai

BFSI, Investments & Trading Department

1.0

• posted on 27 Feb 2019

2.0

for Salary and Benefits

Likes

Only benefit is that you have confirmed job but no work life balance,No self respect.I would like to say that if it is the last option then only you should opt this.

Job security - Excellent

Dislikes

Work Life balance.Very difficult to take leave.Salary is very less

Salary - Poor

+5 more

Assistant Manager in Singapore

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.

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.

Assistant Manager in Kolkata

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.

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.

Salary - Poor

+4 more

Assistant Manager in Pune

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.

Skill development - Poor

+3 more

Assistant Manager in Adilabad

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.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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State Bank of India Assistant Manager Salary FAQs

What is the salary of Assistant Manager at State Bank of India Mumbai?

Assistant Manager salary at State Bank of India in Mumbai ranges between ₹5.2 Lakhs to ₹18.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 56% more than the average Assistant Manager Salary in India. Salary estimates are based on 74 latest salaries received from various employees of State Bank of India Mumbai.

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

The average salary of a Assistant Manager at State Bank of India is 56% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at State Bank of India?

Java, PLSQL, Linux, Integration Testing and Kubernetes are some of the popular skills required to work as a Assistant Manager at State Bank of India Mumbai.

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

Reserve Bank of India Assistant Manager Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
Bank of America Assistant Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to State Bank of India in Mumbai?

Bank of India Assistant Manager Salary - ₹8.0 Lakhs to ₹14.5 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹6.1 Lakhs to ₹19.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Indian Overseas Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹12.9 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at State Bank of India ranges between ₹91,339 per month to ₹93,764 per month in Mumbai. The take-home salary calculation is based on the average State Bank of India Assistant Manager salary in India which ranges between ₹5.2 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at State Bank of India in Mumbai?

According to AmbitionBox, 64% of the State Bank of India Assistant Managers in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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State Bank of India Assistant Manager Salaries in Mumbai

State Bank of India Assistant Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 74 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Assistant Manager salaries in Mumbai

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

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

Experience wise State Bank of India Assistant Manager salaries in Mumbai

Similar Designation salaries in State Bank of India

Top skills at State Bank of India for Assistant Manager

Salary related reviews for State Bank of India

Assistant Manager in Mumbai

Assistant Manager in Singapore

Assistant Manager in Kolkata

Assistant Manager in Pune

Assistant Manager in Adilabad

State Bank of India Assistant Manager Salary FAQs

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