State Bank of India Deputy Manager Salaries by 600+ Employees (Updated 2025)

4 - 15 years exp.

₹7.2 Lakhs - ₹28 Lakhs

Salary of majority employees

Fixed (88%)

₹15 Lakhs

Variable (12%)

₹2.0 Lakhs

76% more than the average Deputy Manager Salary in Banking Companies for 4 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 4 - 15 years exp. (210 salaries)	₹7 L/yr - ₹28 L/yr
Finance & Accounting Deputy Manager Salary 4 - 14 years exp. (54 salaries)	₹7.4 L/yr - ₹26 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 4 - 15 years exp. (51 salaries)	₹7.2 L/yr - ₹25.5 L/yr
Engineering - Software & QA Deputy Manager Salary 4 - 13 years exp. (23 salaries)	₹10.5 L/yr - ₹27 L/yr
Data Science & Analytics Deputy Manager Salary 4 - 8 years exp. (16 salaries)	₹7 L/yr - ₹22 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to State Bank of India for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2.5 L/yr - ₹11 L/yr 62% less
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (15k salaries)	₹2 L/yr - ₹10 L/yr 66% less
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Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8.5 L/yr 70% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	₹2 L/yr - ₹9 L/yr 63% less
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.6k salaries)	₹1.7 L/yr - ₹8.5 L/yr 71% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.3k salaries)	₹2.3 L/yr - ₹9 L/yr 66% less
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (2.7k salaries)	₹2.2 L/yr - ₹9.5 L/yr 68% less	5 job openings
Bandhan Bank Deputy Manager Salary 0 - 11 years exp. (1.5k salaries)	₹2.5 L/yr - ₹7.5 L/yr 69% less
AU Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (996 salaries)	₹1.8 L/yr - ₹8.5 L/yr 68% less	6 job openings
Punjab National Bank Deputy Manager Salary 2 - 12 years exp. (51 salaries)	₹5 L/yr - ₹15.7 L/yr 33% less

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Deputy Manager salary at State Bank of India ranges between ₹7.2 Lakhs to ₹28 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 626 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Deputy Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
4 years (63 salaries)	₹6.8 L/yr - ₹22 L/yr
5 years (73 salaries)	₹7 L/yr - ₹24 L/yr
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6 years (79 salaries)	₹7 L/yr - ₹25.5 L/yr
7 years (86 salaries)	₹7 L/yr - ₹25 L/yr
8 years (62 salaries)	₹7.8 L/yr - ₹27 L/yr
9 years (40 salaries)	₹7.1 L/yr - ₹28 L/yr
10 years (72 salaries)	₹7.2 L/yr - ₹26 L/yr
11 years (61 salaries)	₹7.4 L/yr - ₹28 L/yr
12 years (43 salaries)	₹7.5 L/yr - ₹25 L/yr
13 years (27 salaries)	₹9 L/yr - ₹27 L/yr
14 years (9 salaries)	₹10 L/yr - ₹24 L/yr
15+ years (11 salaries)	₹10 L/yr - ₹20 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

4 - 15 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Deputy Manager

4 - 15 years exp.

Manager

6 - 16 years exp.

35% hike

Chief Manager

11 - 22 years exp.

43% hike

From

View 5 more levels

Deputy Manager

4 - 15 years exp.

General Manager, Audit

Salary unavailable

From

View 4 more levels

Deputy Manager

4 - 15 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.

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Project Manager Salary

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₹7.5 L/yr - ₹27 L/yr

Top skills at State Bank of India for Deputy Manager

Java SQL REST API Machine Learning Artificial Intelligence Python Hibernate MS Office Oracle Unix Internet Banking Spring Boot IT Infrastructure Management CRM Programming

Salary related reviews for State Bank of India

3.6

Rated by 264 employees for salary & benefits

Deputy Manager in Chennai

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.

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.

Work-life balance - Bad

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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State Bank of India Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at State Bank of India in India typically ranges from ₹7.2 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Deputy Manager at State Bank of India earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Deputy 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 600+ State Bank of India employees in India.

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

The estimated take-home salary of a Deputy Manager at State Bank of India in India typically ranges from ₹1,15,201 to ₹1,18,414 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 4 years to 15 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 600+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at State Bank of India ?

To be a Deputy Manager at State Bank of India in india, the key skills required include:

- Java
- SQL
- REST API
- Machine Learning
- Artificial Intelligence

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.

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

The salary of a Deputy Manager at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reserve Bank of India	₹9.0 Lakhs to ₹23.0 Lakhs per year
Bank of America	₹7.0 Lakhs to ₹20.2 Lakhs per year
Union Bank of India	₹9.0 Lakhs to ₹16.0 Lakhs per year
Indian Bank	₹5.1 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank	₹10.0 Lakhs to ₹12.0 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 Deputy Manager at State Bank of India in India?

The salary growth for a Deputy Manager at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
4 years	₹6.8 Lakhs to ₹22.0 Lakhs per year
5 years	₹7.0 Lakhs to ₹24.0 Lakhs per year
6 years	₹7.0 Lakhs to ₹25.5 Lakhs per year
7 years	₹7.0 Lakhs to ₹25.0 Lakhs per year

and so on.

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State Bank of India Deputy Manager Salaries

State Bank of India Deputy Manager salary in India ranges between ₹7.2 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 626 State Bank of India latest salaries received from various employees of State Bank of India.

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

Companies similar to State Bank of India for Deputy Manager

Latest annual salaries shared by State Bank of India Deputy Manager

Experience wise State Bank of India Deputy Manager salaries

Similar Designation salaries in State Bank of India

Top skills at State Bank of India for Deputy Manager

Salary related reviews for State Bank of India

Deputy Manager in Chennai

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

State Bank of India Deputy Manager Salary FAQs

Tell us how to improve this page.

State Bank of India Deputy Manager Salaries by Location