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State Bank of India Associate Manager salaries in India

Annual salary range
0 - 8 years exp.
₹7 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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31% less than the average Associate Manager Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 6 Mar 2024

Companies similar to State Bank of India for Associate Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Associate Manager Salary

0 - 6 years exp. (37 salaries)

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₹2.2 L/yr - ₹7.6 L/yr

arrow icon 62% less
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HDFC Bank Associate Manager Salary

0 - 8 years exp. (26 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 62% less
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Axis Bank Associate Manager Salary

1 - 6 years exp. (15 salaries)

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₹2.5 L/yr - ₹5.1 L/yr

arrow icon 63% less
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Canara Bank Associate Manager Salary

1 - 11 years exp. (3 salaries)

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₹3.3 L/yr - ₹9.8 L/yr

arrow icon 28% less
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IDBI Bank Associate Manager Salary

3 - 8 years exp. (3 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 36% more
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Standard Chartered Associate Manager Salary

3 - 17 years exp. (2.3k salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 9% more
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IndusInd Bank Associate Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 61% less
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Deutsche Bank Associate Manager Salary

7 - 14 years exp. (344 salaries)

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₹6.1 L/yr - ₹25 L/yr

arrow icon 33% more
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IDFC FIRST Bank Associate Manager Salary

0 - 6 years exp. (237 salaries)

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₹2.4 L/yr - ₹6.9 L/yr

arrow icon 66% less
7 job openings
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Kotak Mahindra Bank Associate Manager Salary

1 - 8 years exp. (76 salaries)

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₹1.6 L/yr - ₹5.1 L/yr

arrow icon 69% less
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Yes Bank Associate Manager Salary

2 - 9 years exp. (17 salaries)

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₹2.6 L/yr - ₹6.5 L/yr

arrow icon 63% less
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Bank of America Associate Manager Salary

8 - 11 years exp. (4 salaries)

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₹10 L/yr - ₹15.9 L/yr

arrow icon 27% more
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Bandhan Bank Associate Manager Salary

0 - 4 years exp. (7 salaries)

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₹3.4 L/yr - ₹5 L/yr

arrow icon 63% less
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₹3.4 L/yr - ₹4.5 L/yr

arrow icon 62% less
Associate Manager salary at State Bank of India ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Associate Manager

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8 years exp.

Experience wise State Bank of India Associate Manager salaries

Last Updated: 6 Mar 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹7 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
View all
State Bank of India Associate Manager Salary and Career Growth

From

To

Associate Manager

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0 - 8 years exp.

Vice President

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6 - 15 years exp.

Associate Manager 0 - 8 years exp.
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Assistant Vice President 2 - 12 years exp.
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arrow icon 7% hike
    Vice President 6 - 15 years exp.
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    arrow icon 78% hike
    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.

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    ₹4.5 L/yr - ₹14 L/yr

    Salary related reviews for State Bank of India

    3.0

    Rated by 2 employees for salary & benefits

    Full Time

     · 

    Finance & Accounting Department

    1.0
      •  posted on 19 Jan 2025

    1.0
     for  Salary and Benefits

    Likes

    Fixed salary

    • Job security - Excellent

    Dislikes

    Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

    read more
    • Salary - Bad
    • +5 more

    Full Time

     · 

    Finance & Accounting Department

    2.0
      •  posted on 15 Nov 2024

    4.0
     for  Salary and Benefits

    Likes

    Nothing to like really. You just get stuck in doing monotonous job

    • Salary - Good
    • +1 more

    Dislikes

    ...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

    read more
    • Skill development - Bad
    • +3 more

    Full Time

     · 

    Other Department

    3.0
      •  posted on 20 Oct 2024

    5.0
     for  Salary and Benefits

    Likes

    Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

    read more
    • Salary - Excellent
    • +2 more

    Dislikes

    There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

    read more
    • Work satisfaction - Bad
    • +2 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 03 Oct 2024

    1.0
     for  Salary and Benefits

    Likes

    Job sercurity

    • Job security - Excellent

    Dislikes

    ...ent transfers Boring job Spend 30+ years in rural area Work in a different state ( rural area of tgat state) Salary is peanuts Targets ( multiple) Toxic work culture Genrer biased policy Tremendous workload Late sitting 14 hrs a day Holiday working Leaves not sanctioned Eqyal salary for non performere and performers No grooming

    read more
    • Salary - Bad
    • +5 more

    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.

    read more
    • Salary - Good
    • +2 more

    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.

    read more
    • Company culture - Poor
    • +1 more
    see more salary related reviews

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    State Bank of India Associate Manager Salary FAQs

    What is the salary of Associate Manager at State Bank of India?
    Associate Manager salary at State Bank of India in India ranges between ₹7.0 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 31% less than the average Associate Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India India.
    How does the salary of a Associate Manager at State Bank of India India compare with the average salary range for this job?
    The average salary of a Associate Manager at State Bank of India is 31% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.
    Which similar companies are paying more than State Bank of India to a Associate Manager in India?
    • IDBI Bank Associate Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
    • Deutsche Bank Associate Manager Salary - ₹6.1 Lakhs to ₹25.0 Lakhs per year
    • Bank of America Associate Manager Salary - ₹10.0 Lakhs to ₹15.9 Lakhs per year
    • Standard Chartered Associate Manager Salary - ₹5.3 Lakhs to ₹20.0 Lakhs per year
    What is the salary of a Associate Manager in companies similar to State Bank of India in India?
    • Canara Bank Associate Manager Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
    • IndusInd Bank Associate Manager Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
    • ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year
    • HDFC Bank Associate Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
    • AU Small Finance Bank Associate Manager Salary - ₹3.4 Lakhs to ₹4.5 Lakhs per year
    What is the estimated take home salary of a Associate Manager at State Bank of India in India?
    The estimated take-home salary of a Associate Manager at State Bank of India ranges between ₹75,555 per month to ₹77,512 per month in India. The take-home salary calculation is based on the average State Bank of India Associate Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
    What is the notice period for Associate Manager at State Bank of India?
    According to AmbitionBox, 100% of the State Bank of India Associate Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    State Bank of India Associate Manager salary in India ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.