State Bank of India Bangalore / Bengaluru Manager Salaries by 60+ Employees (Updated 2025)

6 - 15 years exp.

₹11.7 Lakhs - ₹33 Lakhs

Salary of majority employees

34% more than the average Manager Salary in Banking Companies for 6 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 6 - 14 years exp. (24 salaries)	₹10.8 L/yr - ₹33 L/yr
Customer Success, Service & Operations Manager Salary 7 - 14 years exp. (7 salaries)	₹15 L/yr - ₹28 L/yr
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Finance & Accounting Manager Salary 6 - 12 years exp. (6 salaries)	₹9.6 L/yr - ₹25 L/yr
Risk Management & Compliance Manager Salary 9 - 15 years exp. (3 salaries)	₹21 L/yr - ₹30 L/yr
Data Science & Analytics Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹12.1 L/yr - ₹24.3 L/yr

Last Updated: 19 Mar 2025

Companies similar to State Bank of India for Manager in Bangalore / Bengaluru

State Bank of India Manager Salary

6 - 15 years exp. (64 salaries)

₹11.7 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (937 salaries)	₹3.8 L/yr - ₹13.5 L/yr 59% less
Standard Chartered Manager Salary 2 - 20 years exp. (861 salaries)	₹8.5 L/yr - ₹29.4 L/yr 18% less
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Axis Bank Manager Salary 0 - 17 years exp. (679 salaries)	₹5 L/yr - ₹17 L/yr 58% less
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (668 salaries)	₹3.2 L/yr - ₹12 L/yr 66% less
ICICI Bank Manager Salary 0 - 17 years exp. (335 salaries)	₹5.7 L/yr - ₹22.4 L/yr 46% less
Deutsche Bank Manager Salary 7 - 16 years exp. (284 salaries)	₹6.2 L/yr - ₹22.5 L/yr 43% less	1 job opening
Yes Bank Manager Salary 0 - 14 years exp. (162 salaries)	₹5 L/yr - ₹13.1 L/yr 62% less
IndusInd Bank Manager Salary 0 - 16 years exp. (136 salaries)	₹3.5 L/yr - ₹12.4 L/yr 68% less	2 job openings
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (119 salaries)	₹4 L/yr - ₹14.8 L/yr 63% less
Canara Bank Manager Salary 4 - 14 years exp. (106 salaries)	₹6.7 L/yr - ₹25 L/yr 28% less

View all

Manager salary at State Bank of India ranges between ₹11.7 Lakhs to ₹33 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 64 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Manager salaries in Bangalore / Bengaluru

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹8.5 L/yr - ₹38.3 L/yr
7 years (6 salaries)	₹9.6 L/yr - ₹38.9 L/yr
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8 years (10 salaries)	₹13 L/yr - ₹27 L/yr
9 years (7 salaries)	₹15.3 L/yr - ₹32 L/yr
10 years (14 salaries)	₹15 L/yr - ₹25 L/yr
11 years (10 salaries)	₹11 L/yr - ₹28 L/yr
12 years (6 salaries)	₹22 L/yr - ₹33 L/yr
13 years (3 salaries)	₹14 L/yr - ₹27 L/yr
14 years (3 salaries)	₹15 L/yr - ₹27 L/yr
15+ years (AmbitionBox Estimate)	₹22 L/yr - ₹28.1 L/yr

View all

From

Manager

₹

Lakhs/yr

6 - 16 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Manager

6 - 16 years exp.

Chief Manager

11 - 22 years exp.

43% hike

Assistant General Manager

16 - 32 years exp.

-4% hike

From

View 4 more levels

Manager

6 - 16 years exp.

General Manager, Audit

Salary unavailable

From

View 3 more levels

Manager

6 - 16 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.

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(127 salaries)

₹7 L/yr - ₹28 L/yr

Senior Associate Salary

(11 salaries)

₹6.5 L/yr - ₹12 L/yr

Credit Manager Salary

(4 salaries)

₹12 L/yr - ₹22 L/yr

Top skills at State Bank of India for Manager

Product Management Marketing Strategy Business Strategy Product Development Banking

Salary related reviews for State Bank of India

4.4

Rated by 5 employees for salary & benefits

Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Job sercurity

Job security - Excellent

Dislikes

...ent transfers Boring job Spend 30+ years in rural area Work in a different state ( rural area of tgat state) Salary is peanuts Targets ( multiple) Toxic work culture Genrer biased policy Tremendous workload Late sitting 14 hrs a day Holiday working Leaves not sanctioned Eqyal salary for non performere and performers No grooming

Salary - Bad

+5 more

Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing. Just brand value.

Dislikes

Terrible work culture. No leaves. Too much work stress and pressure. Salary and perks are not upto the level of work we do. No time for family friends or functions. High targets and threatening. Frequent transfers.

Salary - Poor

+6 more

Manager in Dharmapuri

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Sep 2023

2.0

for Salary and Benefits

Likes

Please DONT COME TO STATE BANK. AS MANAGEMENT DOESNT UNDERSTAND THE IMPORTANCE OF WORK LIFE BALANCE. THEY WILL SPEAK BUT THEY WILL NOT IMPLEMENT IT. THEY LURE YOU WITH MONEY AT LOW LEVEL. BANKING SECTOR IS TIGHTLY Controlled BY GOVT. Better go to corr jobs.

Job security - Good

Dislikes

...ce Management doesn't understand the rationalization of jobs. Multi work role. For salary joined and job is very bad.

Salary - Poor

+4 more

Manager in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 05 Mar 2019

2.0

for Salary and Benefits

Likes

Since a PSU , seniors are not much of a guiding star. One have to explore a tricky way to top avoiding ego classes. Only two things are privileged . Posting and Promotion. Not to worry about survival. Anybody can.

Skill development - Excellent

+3 more

Dislikes

Work life balance and salary both are not befitting.

Salary - Poor

+1 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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State Bank of India Manager Salary FAQs

What is the salary of Manager at State Bank of India in Bangalore / Bengaluru?

The average salary of a Manager at State Bank of India in Bangalore / Bengaluru typically ranges from ₹11.7 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Manager in Bangalore / Bengaluru at State Bank of India earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹32.9 Lakhs per year. 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 60+ State Bank of India employees in India.

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

The estimated take-home salary of a Manager at State Bank of India in Bangalore / Bengaluru typically ranges from ₹1,47,511 to ₹1,53,044 per month. This is based on the average salary range of ₹11.7 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 6 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 60+ 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 Manager at State Bank of India in Bangalore / Bengaluru?

To be a Manager at State Bank of India in Bangalore / Bengaluru, the key skills required include:

- Product Management
- Marketing Strategy
- Business Strategy
- Product Development
- Banking

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 Manager in companies similar to State Bank of India in Bangalore / Bengaluru?

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

IDBI Bank	₹10.0 Lakhs to ₹28.0 Lakhs per year
Standard Chartered	₹8.5 Lakhs to ₹29.4 Lakhs per year
Bank of Baroda	₹8.8 Lakhs to ₹25.0 Lakhs per year
Canara Bank	₹6.7 Lakhs to ₹25.0 Lakhs per year
India Post Payments Bank	₹11.0 Lakhs to ₹17.0 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 Manager at State Bank of India in Bangalore / Bengaluru?

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

Experience	Average Salary Range
6 years	₹8.5 Lakhs to ₹38.3 Lakhs per year
7 years	₹9.6 Lakhs to ₹38.9 Lakhs per year
8 years	₹13.0 Lakhs to ₹27.0 Lakhs per year
9 years	₹15.3 Lakhs to ₹32.0 Lakhs per year

and so on.

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State Bank of India Manager Salaries in Bangalore / Bengaluru

State Bank of India Manager salary in Bangalore / Bengaluru ranges between ₹11.7 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 64 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Manager salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to State Bank of India for Manager in Bangalore / Bengaluru

Latest annual salaries shared by State Bank of India Manager in Bangalore / Bengaluru

Experience wise State Bank of India Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in State Bank of India

Top skills at State Bank of India for Manager

Salary related reviews for State Bank of India

Manager in Bhopal

Manager in Chennai

Manager in Dharmapuri

Manager in Bhubaneswar

Deputy Manager in Chennai

State Bank of India Manager Salary FAQs

Tell us how to improve this page.