State Bank of India Chennai Manager Salaries by 40+ Employees (Updated 2025)

6 - 13 years exp.

₹11 Lakhs - ₹30 Lakhs

Salary of majority employees

33% more than the average Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 6 - 13 years exp. (21 salaries)	₹11 L/yr - ₹30 L/yr
Finance & Accounting Manager Salary 6 - 12 years exp. (6 salaries)	₹15 L/yr - ₹28 L/yr
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Data Science & Analytics Manager Salary 8 - 12 years exp. (4 salaries)	₹12 L/yr - ₹22 L/yr
Customer Success, Service & Operations Manager Salary 10 - 13 years exp. (3 salaries)	₹18 L/yr - ₹23.2 L/yr

Last Updated: 13 Nov 2024

Companies similar to State Bank of India for Manager in Chennai

State Bank of India Manager Salary

6 - 13 years exp. (43 salaries)

₹11 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager Salary 0 - 18 years exp. (197 salaries)	₹5.1 L/yr - ₹20 L/yr 50% less
HDFC Bank Manager Salary 0 - 19 years exp. (1k salaries)	₹4.1 L/yr - ₹13.2 L/yr 61% less
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Axis Bank Manager Salary 0 - 18 years exp. (396 salaries)	₹4 L/yr - ₹15.6 L/yr 57% less	2 job openings
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (284 salaries)	₹3 L/yr - ₹11 L/yr 66% less
IndusInd Bank Manager Salary 0 - 16 years exp. (272 salaries)	₹3.2 L/yr - ₹11.5 L/yr 68% less
Yes Bank Manager Salary 2 - 17 years exp. (225 salaries)	₹4.5 L/yr - ₹14.4 L/yr 62% less
IDBI Bank Manager Salary 6 - 15 years exp. (43 salaries)	₹9.7 L/yr - ₹23.5 L/yr 13% less
Bank of Baroda Manager Salary 5 - 14 years exp. (30 salaries)	₹7.5 L/yr - ₹23.5 L/yr 17% less
Punjab National Bank Manager Salary 4 - 11 years exp. (8 salaries)	₹7.8 L/yr - ₹20.5 L/yr 33% less
Canara Bank Manager Salary 5 - 12 years exp. (29 salaries)	₹8.4 L/yr - ₹19 L/yr 29% less
Union Bank of India Manager Salary 6 - 11 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 36% less
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Central Bank of India Manager Salary 7 - 11 years exp. (6 salaries)	₹8.4 L/yr - ₹16 L/yr 42% less
Bank of India Manager Salary 5 - 9 years exp. (3 salaries)	₹12 L/yr - ₹15 L/yr 39% less
Indian Overseas Bank Manager Salary 9 - 13 years exp. (20 salaries)	₹9 L/yr - ₹20 L/yr 34% less
Bank of Maharashtra Manager Salary 6 - 8 years exp. (4 salaries)	₹8 L/yr - ₹15.2 L/yr 34% less
Standard Chartered Manager Salary 3 - 20 years exp. (856 salaries)	₹7 L/yr - ₹24.5 L/yr 26% less
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (104 salaries)	₹4 L/yr - ₹13.5 L/yr 64% less
Indian Bank Manager Salary 3 - 15 years exp. (32 salaries)	₹6.8 L/yr - ₹21 L/yr 33% less
Shinhan Bank Manager Salary 9 - 12 years exp. (6 salaries)	₹6.9 L/yr - ₹13.5 L/yr 54% less

Manager salary at State Bank of India ranges between ₹11 Lakhs to ₹30 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 43 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Manager salaries in Chennai

Last Updated: 13 Nov 2024

Experience	Avg Annual Salary
6 years (8 salaries)	₹15 L/yr - ₹28 L/yr
7 years (4 salaries)	₹12 L/yr - ₹37.5 L/yr
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8 years (3 salaries)	₹12 L/yr - ₹30 L/yr
9 years (6 salaries)	₹11 L/yr - ₹38.7 L/yr
10 years (7 salaries)	₹12.5 L/yr - ₹25 L/yr
11 years (3 salaries)	₹16 L/yr - ₹39.8 L/yr
12 years (7 salaries)	₹12 L/yr - ₹25 L/yr
13 years (5 salaries)	₹11 L/yr - ₹24 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.

44% hike

Assistant General Manager 16 - 32 years exp.

-1% hike

From

3 more levels

Manager

6 - 16 years exp.

New Business Manager

Salary unavailable

View 1 more career path

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(52 salaries)

₹8.1 L/yr - ₹25 L/yr

Credit Manager Salary

(8 salaries)

₹13 L/yr - ₹32 L/yr

Senior Associate Salary

(5 salaries)

₹5 L/yr - ₹9.34 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

3.3

Rated by 7 employees for salary & benefits

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 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 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 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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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State Bank of India Manager Salary FAQs

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

Manager salary at State Bank of India in Chennai ranges between ₹11.0 Lakhs to ₹30.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 33% more than the average Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of State Bank of India Chennai.

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

The average salary of a Manager at State Bank of India is 33% more than the average salary of a Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at State Bank of India?

Product Management, Marketing Strategy, Business Strategy, Product Development and Banking are some of the popular skills required to work as a Manager at State Bank of India Chennai.

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

IDBI Bank Manager Salary - ₹9.7 Lakhs to ₹23.5 Lakhs per year
Bank of Baroda Manager Salary - ₹7.5 Lakhs to ₹23.5 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹24.5 Lakhs per year
Canara Bank Manager Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year
Indian Bank Manager Salary - ₹6.8 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Manager at State Bank of India ranges between ₹1,43,034 per month to ₹1,48,364 per month in Chennai. The take-home salary calculation is based on the average State Bank of India Manager salary in India which ranges between ₹11.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 48% of the State Bank of India Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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State Bank of India Manager Salaries in Chennai

State Bank of India Manager salary in Chennai ranges between ₹11 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Manager salaries in Chennai

Companies similar to State Bank of India for Manager in Chennai

Latest annual salaries shared by State Bank of India Manager in Chennai

Experience wise State Bank of India Manager salaries in Chennai

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 Chennai

Manager in Bhopal

Manager in Dharmapuri

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State Bank of India Manager Salary FAQs

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