State Bank of India Manager Materials Salaries by 3 Employees (Updated 2024)

0 - 10 years exp.

₹1 Lakh - ₹10 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Manager Materials Salary in Banking Companies for 0 - 10 years of experience

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Last Updated: 7 Feb 2024

Companies similar to State Bank of India for Manager Materials

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Manager Materials Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 21% less
Reliance Industries Manager Materials Salary 4 - 21 years exp. (39 salaries)	₹4.7 L/yr - ₹15 L/yr 44% more
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Lufthansa Technik Services India Manager Materials Salary 3 - 8 years exp. (21 salaries)	₹5 L/yr - ₹10 L/yr 2% more
Larsen & Toubro Limited Manager Materials Salary 8 - 24 years exp. (21 salaries)	₹10.5 L/yr - ₹25 L/yr 155% more
Arvind Group Manager Materials Salary 11 - 25 years exp. (17 salaries)	₹3.6 L/yr - ₹10.8 L/yr 10% less

Manager Materials salary at State Bank of India ranges between ₹1 Lakh to ₹10 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 3 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Manager Materials salaries

Last Updated: 7 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

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Salary related reviews for State Bank of India

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.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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State Bank of India Manager Materials Salary FAQs

What is the notice period for Manager Materials at State Bank of India?

According to AmbitionBox, 50% of the State Bank of India Manager Materialss reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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State Bank of India Manager Materials Salaries

State Bank of India Manager Materials salary in India ranges between ₹1 Lakh to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 State Bank of India latest salaries received from various employees of State Bank of India.