State Bank of India Department Manager Salaries by 4 Employees (Updated 2025)

0 - 30 years exp.

₹20 Lakhs - ₹75 Lakhs

Low Confidence

Salary of majority employees

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561% more than the average Department Manager Salary in Banking Companies for 0 - 30 years of experience

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Last Updated: 8 Jul 2023

Companies similar to State Bank of India for Department Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Department Manager Salary 0 - 12 years exp. (29 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr 85% less
HDFC Bank Department Manager Salary 1 - 9 years exp. (26 salaries)	Unlock ₹3.5 L/yr - ₹8.2 L/yr 87% less
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Axis Bank Department Manager Salary 0 - 8 years exp. (13 salaries)	Unlock ₹4.7 L/yr - ₹10 L/yr 79% less
Punjab National Bank Department Manager Salary 9 - 30 years exp. (3 salaries)	Unlock ₹12.5 L/yr - ₹18 L/yr 55% less
IDBI Bank Department Manager Salary 0 - 12 years exp. (4 salaries)	Unlock ₹6.8 L/yr - ₹23 L/yr 56% less
IndusInd Bank Department Manager Salary 1 - 12 years exp. (14 salaries)	Unlock ₹3.6 L/yr - ₹4.9 L/yr 88% less
Yes Bank Department Manager Salary 0 - 6 years exp. (12 salaries)	Unlock ₹4 L/yr - ₹10.3 L/yr 82% less
Kotak Mahindra Bank Department Manager Salary 2 - 10 years exp. (11 salaries)	Unlock ₹2.8 L/yr - ₹4.9 L/yr 89% less
Reserve Bank of India Department Manager Salary 0 - 5 years exp. (6 salaries)	Unlock ₹14 L/yr - ₹30 L/yr 38% less
IDFC FIRST Bank Department Manager Salary 3 - 5 years exp. (5 salaries)	Unlock ₹3.4 L/yr - ₹9.8 L/yr 83% less
Standard Chartered Department Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹18 L/yr 57% less
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AU Small Finance Bank Department Manager Salary 4 - 6 years exp. (5 salaries)	Unlock ₹2.8 L/yr - ₹9.2 L/yr 85% less

Department Manager salary at State Bank of India ranges between ₹20 Lakhs to ₹75 Lakhs per year for employees with less than 1 year of experience to 30 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Department Manager salaries

Last Updated: 8 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹18 L/yr - ₹23 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹43.2 L/yr - ₹55.2 L/yr
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15+ years (AmbitionBox Estimate)	Unlock ₹18 L/yr - ₹23 L/yr

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Salary related reviews for State Bank of India

3.3

Rated by 4 employees for salary & benefits

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

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Job security - Good

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Salary - Poor

+4 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India Department Manager Salary FAQs

What is the salary of Department Manager at State Bank of India?

Department Manager salary at State Bank of India in India ranges between ₹20.0 Lakhs to ₹75.0 Lakhs for less than 1 year of experience to 30 years. According to our estimates it is 561% more than the average Department Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Department Manager at State Bank of India is 561% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

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

Reserve Bank of India Department Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Punjab National Bank Department Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Department Manager Salary - ₹6.8 Lakhs to ₹23.0 Lakhs per year
Standard Chartered Department Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Department Manager at State Bank of India ranges between ₹2,06,395 per month to ₹2,14,591 per month in India. The take-home salary calculation is based on the average State Bank of India Department Manager salary in India which ranges between ₹20.0 Lakhs to ₹75.0 Lakhs per year for employees with less than 1 year of experience to 30 years. Check how did we calculate take home salary?

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State Bank of India Department Manager Salaries

State Bank of India Department Manager salary in India ranges between ₹20 Lakhs to ₹75 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Department Manager salaries in India

Companies similar to State Bank of India for Department Manager

Latest annual salaries shared by State Bank of India Department Manager

Experience wise State Bank of India Department Manager salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

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State Bank of India Department Manager Salary FAQs

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