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State Bank of India Chief Manager salaries in India (Updated 2025)

Annual salary range
11 - 22 years exp.
₹15 Lakhs - ₹50 Lakhs
Salary of majority employees
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Fixed (99%)
₹32.7 Lakhs
Variable (1%)
₹0.1 Lakh
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48% more than the average Chief Manager Salary in Banking Companies for 11 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
11 - 22 years exp. (153 salaries)
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₹14 L/yr - ₹60 L/yr

Finance & Accounting
Chief Manager Salary
11 - 22 years exp. (38 salaries)
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₹15.4 L/yr - ₹50 L/yr

Customer Success, Service & Operations
Chief Manager Salary
12 - 22 years exp. (15 salaries)
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₹15.7 L/yr - ₹40 L/yr

Risk Management & Compliance
Chief Manager Salary
11 - 21 years exp. (15 salaries)
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₹22 L/yr - ₹52 L/yr

Sales & Business Development
Chief Manager Salary
12 - 16 years exp. (5 salaries)
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₹17.3 L/yr - ₹38 L/yr

Last Updated: 5 Mar 2025

Companies similar to State Bank of India for Chief Manager

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

5 - 23 years exp. (2.2k salaries)

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₹13 L/yr - ₹39 L/yr

arrow icon 24% less
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HDFC Bank Chief Manager Salary

8 - 15 years exp. (13 salaries)

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₹8 L/yr - ₹26 L/yr

arrow icon 44% less
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Axis Bank Chief Manager Salary

9 - 15 years exp. (5 salaries)

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₹13 L/yr - ₹16.6 L/yr

arrow icon 51% less
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Kotak Mahindra Bank Chief Manager Salary

7 - 19 years exp. (883 salaries)

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₹8.8 L/yr - ₹28 L/yr

arrow icon 44% less
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IndusInd Bank Chief Manager Salary

3 - 20 years exp. (1.5k salaries)

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₹5.9 L/yr - ₹18 L/yr

arrow icon 67% less
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Punjab National Bank Chief Manager Salary

10 - 18 years exp. (162 salaries)

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₹12.7 L/yr - ₹50.5 L/yr

arrow icon 10% less
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Bank of Baroda Chief Manager Salary

11 - 18 years exp. (269 salaries)

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₹13.9 L/yr - ₹52 L/yr

arrow icon 6% less
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Canara Bank Chief Manager Salary

10 - 19 years exp. (147 salaries)

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₹12 L/yr - ₹45 L/yr

arrow icon 20% less
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Union Bank of India Chief Manager Salary

10 - 17 years exp. (154 salaries)

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₹12 L/yr - ₹42 L/yr

arrow icon 13% less
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Bank of India Chief Manager Salary

10 - 19 years exp. (159 salaries)

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₹11.4 L/yr - ₹36.9 L/yr

arrow icon 19% less
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Chief Manager salary at State Bank of India ranges between ₹15 Lakhs to ₹50 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 365 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Chief Manager

2d ago
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14 years exp.
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20 years exp.
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14 years exp.
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15 years exp.
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17 years exp.
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12 years exp.
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21 years exp.
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17 years exp.
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14 years exp.
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Experience wise State Bank of India Chief Manager salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
11 years  (28 salaries)

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₹14 L/yr - ₹50 L/yr
12 years  (49 salaries)

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₹15 L/yr - ₹50 L/yr
13 years  (66 salaries)

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₹15 L/yr - ₹45 L/yr
14 years  (48 salaries)

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₹14 L/yr - ₹58.6 L/yr
15+ years  (174 salaries)

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₹15 L/yr - ₹50 L/yr
State Bank of India Chief Manager Salary and Career Growth

From

To

Chief Manager

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11 - 22 years exp.

Regional Manager

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12 - 26 years exp.

Chief Manager 11 - 22 years exp.
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Assistant General Manager 16 - 32 years exp.
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arrow icon -6% hike
    Regional Manager 12 - 26 years exp.
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    arrow icon 30% hike

    From

    2 more levels

    To

    Chief Manager

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    11 - 22 years exp.

    New Business Manager

    Salary unavailable

    View 1 more career path

    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

    Area Manager Salary
    (AmbitionBox Estimate)
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    ₹8 L/yr - ₹10.2 L/yr
    Sales Manager Salary
    (21 salaries)
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    ₹2 L/yr - ₹5 L/yr
    Credit Manager Salary
    (47 salaries)
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    ₹10 L/yr - ₹32 L/yr
    Cluster Manager Salary
    (AmbitionBox Estimate)
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    ₹7.3 L/yr - ₹9.3 L/yr
    Branch Manager Salary
    (289 salaries)
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    ₹8 L/yr - ₹33.44 L/yr
    Deputy Manager Salary
    (524 salaries)
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    ₹7.2 L/yr - ₹28 L/yr
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    ₹4.8 L/yr - ₹11.6 L/yr
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    ₹12 L/yr - ₹20 L/yr
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    ₹5.5 L/yr - ₹12.15 L/yr
    Sales Officer Salary
    (18 salaries)
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    ₹1.55 L/yr - ₹3.5 L/yr

    Top skills at State Bank of India for Chief Manager

    PMO Kubernetes Stakeholder Management Project Management Project Planning Project Coordination SAAS ITIL Scrum Master VMware Iaas Windows Linux Spring Boot Microservices
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    Salary related reviews for State Bank of India

    4.0

    Rated by 190 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 17 Aug 2023

    4.0
     for  Salary and Benefits

    Likes

    Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

    read more
    • Salary - Good
    • +1 more

    Dislikes

    Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

    read more
    • Skill development - Bad
    • +3 more

    Full Time

     · 

    Data Science & Analytics Department

    1.0
      •  posted on 30 Dec 2022

    3.0
     for  Salary and Benefits

    Likes

    Pay is decent but in senior level nothing compared to private sector.

    • Job security - Excellent

    Dislikes

    The organisation would not give you anything for your personal growth, it's waste to join it. If you are into sales and love selling insurance and other stuff, please go ahead. Otherwise you would land in the biggest soup of your life. It's like a bone which will be stuck in your throat forever. Plz take the decision wisely

    read more
    • Skill development - Bad
    • +4 more

    Full Time

     · 

    Sales & Business Development Department

    5.0
      •  posted on 19 Dec 2023

    5.0
     for  Salary and Benefits

    Likes

    Good reputation in the society /family, Good salary and job satisfaction.

    read more
    • Salary - Excellent
    • +4 more

    Dislikes

    1.DP initiating on employees migare irregularities and finally ( after 1 year) awarding "no action" judgement.Therefore staff members are fearing while discharging duties. 2.Cutomers are not convicing of our SBI life and general insurance products, but heavy follow up from all levels.

    read more
    • Work-life balance - Bad

    Other Department

    4.0
      •  posted on 02 Feb 2020

    3.0
     for  Salary and Benefits

    Likes

    Good for personal development & width of exposure ...with varied assignments and faily good opportunities for career growth ...

    read more
    • Skill development - Excellent
    • +3 more

    Dislikes

    Compensation not very attractive / poor post retirement benefits ... compared to govt job / defence services

    read more

    BFSI, Investments & Trading Department

    4.0
      •  posted on 16 Feb 2020

    5.0
     for  Salary and Benefits

    Likes

    The organization is open to innovation and readily adopts latest technology and sell products for each segment of society.I love the fact that I was a part of such organization. I also like the rehire policy there.

    read more
    • Salary - Excellent
    • +5 more

    Dislikes

    Compensation is good but the work pressure is very high.

    see more salary related reviews

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    State Bank of India Chief Manager Salary FAQs

    What is the salary of Chief Manager at State Bank of India?
    Chief Manager salary at State Bank of India in India ranges between ₹15.0 Lakhs to ₹50.0 Lakhs for experience between 11 years to 22 years. According to our estimates it is 48% more than the average Chief Manager Salary in India. Salary estimates are based on 365 latest salaries received from various employees of State Bank of India India.
    How does the salary of a Chief Manager at State Bank of India India compare with the average salary range for this job?
    The average salary of a Chief Manager at State Bank of India is 48% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Chief Manager at State Bank of India?
    PMO, Kubernetes, Stakeholder Management, Project Management and Project Planning are some of the popular skills required to work as a Chief Manager at State Bank of India India.
    What is the salary of a Chief Manager in companies similar to State Bank of India in India?
    • Bank of Baroda Chief Manager Salary - ₹13.9 Lakhs to ₹52.0 Lakhs per year
    • Punjab National Bank Chief Manager Salary - ₹12.7 Lakhs to ₹50.5 Lakhs per year
    • Union Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
    • Bank of India Chief Manager Salary - ₹11.4 Lakhs to ₹36.9 Lakhs per year
    • Canara Bank Chief Manager Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
    What is the estimated take home salary of a Chief Manager at State Bank of India in India?
    The estimated take-home salary of a Chief Manager at State Bank of India ranges between ₹2,00,241 per month to ₹2,08,158 per month in India. The take-home salary calculation is based on the average State Bank of India Chief Manager salary in India which ranges between ₹15.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 11 years to 22 years. Check how did we calculate take home salary?
    What is the notice period for Chief Manager at State Bank of India?
    According to AmbitionBox, 63% of the State Bank of India Chief Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 383 responses on AmbitionBox in last 2 years.

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    State Bank of India Chief Manager salary in India ranges between ₹15 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 365 State Bank of India latest salaries received from various employees of State Bank of India.