State Bank of India Management Trainee Salaries by 5 Employees (Updated 2025)

0 - 7 years exp.

₹7 Lakhs - ₹9.2 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Management Trainee Salary in Banking Companies for 0 - 7 years of experience

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Last Updated: 31 Aug 2024

Companies similar to State Bank of India for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Management Trainee Salary 0 - 3 years exp. (898 salaries)	₹9 L/yr - ₹21 L/yr 77% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (510 salaries)	₹4 L/yr - ₹13 L/yr 6% less
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Axis Bank Management Trainee Salary 0 - 5 years exp. (46 salaries)	₹5.5 L/yr - ₹21.8 L/yr 47% more
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (81 salaries)	₹5.7 L/yr - ₹20 L/yr 39% more
Yes Bank Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹7.6 L/yr - ₹8.7 L/yr 11% less
IDFC FIRST Bank Management Trainee Salary 0 - 2 years exp. (89 salaries)	₹5 L/yr - ₹15 L/yr 2% less
IndusInd Bank Management Trainee Salary 0 - 2 years exp. (87 salaries)	₹3 L/yr - ₹9.1 L/yr 39% less
Federal Bank Management Trainee Salary 0 - 5 years exp. (10 salaries)	₹9.4 L/yr - ₹12 L/yr 14% more
RBL Bank Management Trainee Salary 0 - 4 years exp. (124 salaries)	₹10 L/yr - ₹13.2 L/yr 25% more
Punjab National Bank Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹5.2 L/yr - ₹12 L/yr 1% less
AU Small Finance Bank Management Trainee Salary 0 - 5 years exp. (39 salaries)	₹1 L/yr - ₹5.2 L/yr 70% less
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Bandhan Bank Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹3 L/yr - ₹10 L/yr 38% less
Bank of America Management Trainee Salary Fresher (8 salaries)	₹9.2 L/yr - ₹25 L/yr 70% more
IDBI Bank Management Trainee Salary Fresher (5 salaries)	₹6.2 L/yr - ₹12 L/yr 12% more
Standard Chartered Management Trainee Salary 0 - 4 years exp. (5 salaries)	₹20 L/yr - ₹28 L/yr 162% more
Bank of Baroda Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹4 L/yr - ₹8 L/yr 28% less
Deutsche Bank Management Trainee Salary Fresher (5 salaries)	₹10 L/yr - ₹16.5 L/yr 62% more

Management Trainee salary at State Bank of India ranges between ₹7 Lakhs to ₹9.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Management Trainee salaries

Last Updated: 31 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.4 L/yr - ₹16.6 L/yr
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹16.5 L/yr
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2 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.5 L/yr
4 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.3 L/yr

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Salary related reviews for State Bank of India

2.7

Rated by 2 employees for salary & benefits

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

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.

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.

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.

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

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

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

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.

Deputy Manager in Visnagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good

Dislikes

You have to work 12 hours a day, management pressure, you have to work on Sunday and holiday also, due to staff shortage you can't get leave on occasion. You can't give time to your family.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about State Bank of India

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wineymoose

An Operations Manager

Don't apply for a banking job until you read this.

Are you considering a career in banking? Think again.. Between FY17 and FY24, while the Indian banking sector added half a million new jobs, public sector banks said goodbye to over 1,00,000 employees... In FY24 alone, 11,154 jobs vanished, with the State Bank of India leading the exit wave at 3,562 employees. Is this the end of stable PSU jobs as we know them?

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State Bank of India Management Trainee Salary FAQs

What is the salary of Management Trainee at State Bank of India?

Management Trainee salary at State Bank of India in India ranges between ₹7.0 Lakhs to ₹9.2 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 25% more than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Management Trainee at State Bank of India is 25% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Management Trainee in India?

Standard Chartered Management Trainee Salary - ₹20.0 Lakhs to ₹28.0 Lakhs per year
ICICI Bank Management Trainee Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Bank of America Management Trainee Salary - ₹9.2 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank Management Trainee Salary - ₹10.0 Lakhs to ₹16.5 Lakhs per year
Axis Bank Management Trainee Salary - ₹5.5 Lakhs to ₹21.8 Lakhs per year

What is the salary of a Management Trainee in companies similar to State Bank of India in India?

Kotak Mahindra Bank Management Trainee Salary - ₹5.7 Lakhs to ₹20.0 Lakhs per year
RBL Bank Management Trainee Salary - ₹10.0 Lakhs to ₹13.2 Lakhs per year
Federal Bank Management Trainee Salary - ₹9.4 Lakhs to ₹12.0 Lakhs per year
IDBI Bank Management Trainee Salary - ₹6.2 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank Management Trainee Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at State Bank of India in India?

The estimated take-home salary of a Management Trainee at State Bank of India ranges between ₹66,473 per month to ₹68,173 per month in India. The take-home salary calculation is based on the average State Bank of India Management Trainee salary in India which ranges between ₹7.0 Lakhs to ₹9.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at State Bank of India?

According to AmbitionBox, 100% of the State Bank of India Management Trainees reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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State Bank of India Management Trainee Salaries

State Bank of India Management Trainee salary in India ranges between ₹7 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.