State Bank of India Business Manager Salaries by 2 Employees (Updated 2025)

1 - 5 years exp.

₹7.3 Lakhs - ₹9.3 Lakhs

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Last Updated: 7 May 2024

Companies similar to State Bank of India for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Manager Salary 0 - 12 years exp. (20 salaries)	Unlock ₹3.5 L/yr - ₹10 L/yr 29% less
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 6% more
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Axis Bank Business Manager Salary 5 - 14 years exp. (78 salaries)	Unlock ₹4 L/yr - ₹13.5 L/yr 7% more
AU Small Finance Bank Business Manager Salary 3 - 12 years exp. (343 salaries)	Unlock ₹2.1 L/yr - ₹8.9 L/yr 38% less	3 job openings
Kotak Mahindra Bank Business Manager Salary 3 - 14 years exp. (31 salaries)	Unlock ₹6.8 L/yr - ₹15.4 L/yr 25% more
IndusInd Bank Business Manager Salary 0 - 12 years exp. (27 salaries)	Unlock ₹2.5 L/yr - ₹10.7 L/yr 17% less
Deutsche Bank Business Manager Salary 8 - 13 years exp. (17 salaries)	Unlock ₹13.5 L/yr - ₹28 L/yr 126% more	8 job openings
Standard Chartered Business Manager Salary 2 - 5 years exp. (11 salaries)	Unlock ₹10.6 L/yr - ₹23 L/yr 136% more
Yes Bank Business Manager Salary 5 - 6 years exp. (6 salaries)	Unlock ₹6.3 L/yr - ₹17 L/yr 28% more
Bandhan Bank Business Manager Salary 3 - 9 years exp. (6 salaries)	Unlock ₹2.4 L/yr - ₹5 L/yr 54% less
Bank of America Business Manager Salary 6 - 14 years exp. (5 salaries)	Unlock ₹16 L/yr - ₹36 L/yr 204% more
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IDFC FIRST Bank Business Manager Salary 5 - 13 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹14.7 L/yr 17% more

Business Manager salary at State Bank of India ranges between ₹7.3 Lakhs to ₹9.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 2 latest salaries received from various employees of State Bank of India.

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Salary related reviews for State Bank of India

Deputy Manager in Bokaro

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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

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.

Skill development - Bad

+3 more

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.

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.

Company culture - Poor

+1 more

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

Job security - Excellent

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

Work satisfaction - Bad

+2 more

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.

Job security - Excellent

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.

Skill development - Bad

+2 more

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State Bank of India Business Manager Salaries

State Bank of India Business Manager salary in India ranges between ₹7.3 Lakhs to ₹9.3 Lakhs. This is an estimate based on latest salaries received from employees of State Bank of India.

State Bank of India Business Manager salaries in India

Companies similar to State Bank of India for Business Manager

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

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