State Bank of India New Delhi Manager Salaries by 40+ Employees (Updated 2024)

6 - 16 years exp.

₹11.6 Lakhs - ₹40 Lakhs

Salary of majority employees

42% more than the average Manager Salary in Banking Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 8 - 14 years exp. (20 salaries)	₹12 L/yr - ₹30.5 L/yr
Finance & Accounting Manager Salary 6 - 14 years exp. (5 salaries)	₹15.5 L/yr - ₹40 L/yr
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Customer Success, Service & Operations Manager Salary 8 - 12 years exp. (3 salaries)	₹11 L/yr - ₹24.1 L/yr
Data Science & Analytics Manager Salary 11 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹24.5 L/yr
Risk Management & Compliance Manager Salary 16 years exp. (AmbitionBox Estimate)	₹22.9 L/yr - ₹30 L/yr

Last Updated: 11 Dec 2024

Companies similar to State Bank of India for Manager in New Delhi

State Bank of India Manager Salary

6 - 16 years exp. (41 salaries)

₹11.6 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager Salary 0 - 18 years exp. (450 salaries)	₹5.2 L/yr - ₹20.4 L/yr 49% less
HDFC Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.2 L/yr - ₹16 L/yr 60% less	1 job opening
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Axis Bank Manager Salary 0 - 17 years exp. (838 salaries)	₹4 L/yr - ₹13.5 L/yr 59% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (773 salaries)	₹4 L/yr - ₹13 L/yr 66% less
IndusInd Bank Manager Salary 0 - 15 years exp. (290 salaries)	₹3 L/yr - ₹12.5 L/yr 69% less	1 job opening
Yes Bank Manager Salary 0 - 17 years exp. (461 salaries)	₹4.5 L/yr - ₹14 L/yr 63% less
IDBI Bank Manager Salary 6 - 17 years exp. (96 salaries)	₹8.2 L/yr - ₹27 L/yr 17% less
Bank of Baroda Manager Salary 5 - 13 years exp. (51 salaries)	₹8 L/yr - ₹23 L/yr 27% less
Punjab National Bank Manager Salary 3 - 11 years exp. (36 salaries)	₹8 L/yr - ₹27 L/yr 31% less
Canara Bank Manager Salary 6 - 13 years exp. (41 salaries)	₹7 L/yr - ₹22 L/yr 33% less
Union Bank of India Manager Salary 6 - 13 years exp. (31 salaries)	₹8 L/yr - ₹21 L/yr 36% less
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Central Bank of India Manager Salary 6 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹15 L/yr 46% less
Bank of India Manager Salary 7 - 10 years exp. (5 salaries)	₹8 L/yr - ₹13.2 L/yr 45% less
Indian Overseas Bank Manager Salary 8 - 12 years exp. (20 salaries)	₹8.2 L/yr - ₹20 L/yr 41% less
Bank of Maharashtra Manager Salary 4 - 9 years exp. (13 salaries)	₹7.5 L/yr - ₹18 L/yr 36% less
UCO Bank Manager Salary 5 - 11 years exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 48% less
Bank of America Manager Salary 5 - 17 years exp. (212 salaries)	₹10 L/yr - ₹35 L/yr 6% more	9 job openings
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (159 salaries)	₹4.5 L/yr - ₹14.8 L/yr 64% less
Bandhan Bank Manager Salary 1 - 14 years exp. (50 salaries)	₹3.6 L/yr - ₹12 L/yr 62% less
Standard Chartered Manager Salary 3 - 19 years exp. (48 salaries)	₹6.5 L/yr - ₹19 L/yr 47% less	17 job openings

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Manager salary at State Bank of India ranges between ₹11.6 Lakhs to ₹40 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 41 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Manager salaries in New Delhi

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
6 years (4 salaries)	₹15.5 L/yr - ₹38.4 L/yr
7 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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8 years (3 salaries)	₹12 L/yr - ₹40.1 L/yr
9 years (4 salaries)	₹18 L/yr - ₹30 L/yr
10 years (13 salaries)	₹11 L/yr - ₹25 L/yr
11 years (4 salaries)	₹17 L/yr - ₹41.7 L/yr
12 years (3 salaries)	₹20 L/yr - ₹25 L/yr
13 years (4 salaries)	₹12 L/yr - ₹30.5 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹30 L/yr
15+ years (4 salaries)	₹9.8 L/yr - ₹30 L/yr

View all

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(66 salaries)

₹7.5 L/yr - ₹25 L/yr

Credit Manager Salary

(3 salaries)

₹10 L/yr - ₹20 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

4.5

Rated by 10 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

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

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.

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.

Dislikes

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

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.

Dislikes

Work life balance and salary both are not befitting.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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State Bank of India Manager Salary FAQs

What is the salary of Manager at State Bank of India New Delhi?

Manager salary at State Bank of India in New Delhi ranges between ₹11.6 Lakhs to ₹40.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 42% more than the average Manager Salary in India. Salary estimates are based on 41 latest salaries received from various employees of State Bank of India New Delhi.

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

The average salary of a Manager at State Bank of India is 42% more than the average salary of a Manager in New Delhi. 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 New Delhi.

Which similar companies are paying more than State Bank of India to a Manager in New Delhi?

Bank of America Manager Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year

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

IDBI Bank Manager Salary - ₹8.2 Lakhs to ₹27.0 Lakhs per year
India Post Payments Bank Manager Salary - ₹13.0 Lakhs to ₹25.2 Lakhs per year
Bank of Baroda Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
Punjab National Bank Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
Canara Bank Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Manager at State Bank of India ranges between ₹1,48,705 per month to ₹1,54,293 per month in New Delhi. The take-home salary calculation is based on the average State Bank of India Manager salary in India which ranges between ₹11.6 Lakhs to ₹40.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 64% of the State Bank of India Managers in New Delhi reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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State Bank of India Manager Salaries in New Delhi

State Bank of India Manager salary in New Delhi ranges between ₹11.6 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Manager salaries in New Delhi

Companies similar to State Bank of India for Manager in New Delhi

Latest annual salaries shared by State Bank of India Manager in New Delhi

Experience wise State Bank of India Manager salaries in New Delhi

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 Mumbai

State Bank of India Manager Salary FAQs

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