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State Bank of India Bank Manager salaries in Hyderabad / Secunderabad

Annual salary range
10 - 31 years exp.
₹7.8 Lakhs - ₹25 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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50% more than the average Bank Manager Salary in Banking Companies for 10 - 31 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Bank Manager Salary
10 - 31 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹20 L/yr

Sales & Business Development
Bank Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14 L/yr

Last Updated: 5 Aug 2024

Companies similar to State Bank of India for Bank Manager in Hyderabad / Secunderabad

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State Bank of India Bank Manager Salary

10 - 31 years exp. (11 salaries)

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₹7.8 L/yr - ₹25 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Canara Bank Bank Manager Salary

7 - 10 years exp. (7 salaries)

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₹12 L/yr - ₹24 L/yr

arrow icon 11% more
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ICICI Bank Bank Manager Salary

1 - 9 years exp. (7 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 58% less
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HDFC Bank Bank Manager Salary

5 - 14 years exp. (5 salaries)

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₹3.1 L/yr - ₹12.5 L/yr

arrow icon 51% less
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Bank of Baroda Bank Manager Salary

3 - 8 years exp. (5 salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 16% less
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Union Bank of India Bank Manager Salary

9 - 13 years exp. (4 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 3% more
Bank Manager salary at State Bank of India ranges between ₹7.8 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 31 years. Salary estimates are based on 11 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Bank Manager in Hyderabad / Secunderabad

8mo ago
₹15 Lakhs
31 years exp.
10mo ago
₹18 Lakhs
30 years exp.
1y ago
₹17.9 Lakhs
14 years exp.
1y ago
₹25 Lakhs
25 years exp.

Experience wise State Bank of India Bank Manager salaries in Hyderabad / Secunderabad

Last Updated: 5 Aug 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.1 L/yr
12 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
13 years (AmbitionBox Estimate)

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₹13.6 L/yr - ₹17.4 L/yr
14 years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹17.5 L/yr
View all
State Bank of India Bank Manager Salary and Career Growth

From

To

Bank Manager

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0 - 31 years exp.

Regional Manager

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12 - 26 years exp.

Bank Manager

0 - 31 years exp.
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Manager

6 - 16 years exp.
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arrow icon 67% hike

Chief Manager

11 - 22 years exp.
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arrow icon 42% hike

From

To

Bank Manager

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0 - 31 years exp.

General Manager, Audit

Salary unavailable

From

To

Bank Manager

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0 - 31 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
(74 salaries)
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₹7.2 L/yr - ₹24 L/yr
Branch Manager Salary
(44 salaries)
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₹8 L/yr - ₹34 L/yr
Branch Head Salary
(9 salaries)
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₹12.25 L/yr - ₹28.56 L/yr
Sales Manager Salary
(5 salaries)
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₹4.15 L/yr - ₹5.4 L/yr
Team Lead Salary
(4 salaries)
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₹3 L/yr - ₹4.5 L/yr
Credit Manager Salary
(4 salaries)
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₹14 L/yr - ₹30 L/yr
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₹5.5 L/yr - ₹12.15 L/yr

Salary related reviews for State Bank of India

3.9

Rated by 3 employees for salary & benefits

Finance & Accounting Department

5.0
  •  posted on 19 Apr 2022

5.0
 for  Salary and Benefits

Likes

...thics is very good..job security is there until u r not proven doing any fraud .salary structure is good to live a peacefull life and mantain good status at young age.sbi organise various program to encourage staff improve staff behavour and work culture..and also our YONO is best application .

read more
  • Salary - Excellent
  • +6 more

Dislikes

In sbi our customer base is around 40 crore where staff shortfall very high.. unnecessary work there so that we can not give good service to our valuable customer so they are displease to us but now our young generation change this thought we are compete with Pvt player

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Mar 2025

4.0
 for  Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

read more
  • Salary - Good
  • +4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

read more
  • Work-life balance - Bad

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

 · 

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 Bank Manager Salary FAQs

What is the salary of Bank Manager at State Bank of India in Hyderabad / Secunderabad?
The average salary of a Bank Manager at State Bank of India in Hyderabad / Secunderabad typically ranges from ₹7.8 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 31 years).

The top 10% of Bank Manager in Hyderabad / Secunderabad at State Bank of India earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Bank 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 10+ State Bank of India employees in India.
What is the estimated take home salary of a Bank Manager at State Bank of India in Hyderabad / Secunderabad?
The estimated take-home salary of a Bank Manager at State Bank of India in Hyderabad / Secunderabad typically ranges from ₹1,06,096 to ₹1,09,015 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 years to 31 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 10+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than State Bank of India for Bank Manager in India?
Canara Bank ₹12.0 Lakhs to ₹24.0 Lakhs per year
Union Bank of India ₹12.0 Lakhs to ₹20.0 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 Bank Manager in companies similar to State Bank of India in Hyderabad / Secunderabad?
The salary of a Bank Manager at companies similar to State Bank of India in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda ₹6.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank ₹3.1 Lakhs to ₹12.5 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹9.0 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 Bank Manager at State Bank of India in Hyderabad / Secunderabad?
The salary growth for a Bank Manager at State Bank of India in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Bank Manager in Hyderabad / Secunderabad can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
10 years ₹13.3 Lakhs to ₹16.9 Lakhs per year
11 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
12 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
13 years ₹13.6 Lakhs to ₹17.4 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Bank Manager salary in Hyderabad / Secunderabad ranges between ₹7.8 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 State Bank of India latest salaries received from various employees of State Bank of India.