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State Bank of India Manager salaries in Pune (Updated 2025)

Annual salary range
6 - 15 years exp.
₹9.5 Lakhs - ₹34 Lakhs
Salary of majority employees
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30% 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
7 - 15 years exp. (21 salaries)
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₹11.4 L/yr - ₹34 L/yr

Finance & Accounting
Manager Salary
9 - 12 years exp. (3 salaries)
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₹14.3 L/yr - ₹30 L/yr

Customer Success, Service & Operations
Manager Salary
10 - 15 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹23.6 L/yr

Data Science & Analytics
Manager Salary
9 - 11 years exp. (AmbitionBox Estimate)
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₹14.5 L/yr - ₹23.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to State Bank of India for Manager in Pune

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State Bank of India Manager Salary

6 - 15 years exp. (39 salaries)

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₹9.5 L/yr - ₹34 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager Salary

0 - 18 years exp. (712 salaries)

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₹4.2 L/yr - ₹16 L/yr

arrow icon 57% less
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Axis Bank Manager Salary

0 - 18 years exp. (371 salaries)

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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 57% less
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Kotak Mahindra Bank Manager Salary

0 - 15 years exp. (309 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 64% less
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ICICI Bank Manager Salary

0 - 18 years exp. (228 salaries)

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₹5 L/yr - ₹19 L/yr

arrow icon 46% less
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Deutsche Bank Manager Salary

7 - 16 years exp. (135 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 38% less
1 job opening
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Yes Bank Manager Salary

0 - 15 years exp. (120 salaries)

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₹4.6 L/yr - ₹12 L/yr

arrow icon 62% less
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IndusInd Bank Manager Salary

1 - 16 years exp. (100 salaries)

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₹3.7 L/yr - ₹13 L/yr

arrow icon 67% less
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IDFC FIRST Bank Manager Salary

1 - 11 years exp. (81 salaries)

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₹4.3 L/yr - ₹12 L/yr

arrow icon 64% less
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IDBI Bank Manager Salary

6 - 16 years exp. (46 salaries)

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₹10 L/yr - ₹26 L/yr

arrow icon 13% less
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Barclays Manager Salary

6 - 15 years exp. (28 salaries)

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₹7.9 L/yr - ₹27 L/yr

arrow icon 22% less
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Canara Bank Manager Salary

5 - 13 years exp. (24 salaries)

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₹8.4 L/yr - ₹20 L/yr

arrow icon 27% less
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AU Small Finance Bank Manager Salary

3 - 10 years exp. (22 salaries)

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₹5.1 L/yr - ₹14.4 L/yr

arrow icon 60% less
1 job opening
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Bank of Baroda Manager Salary

6 - 13 years exp. (20 salaries)

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₹8.5 L/yr - ₹19 L/yr

arrow icon 17% less
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Union Bank of India Manager Salary

5 - 12 years exp. (16 salaries)

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₹7.5 L/yr - ₹19 L/yr

arrow icon 35% less
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Punjab National Bank Manager Salary

3 - 12 years exp. (13 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 34% less
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Bank of India Manager Salary

4 - 11 years exp. (9 salaries)

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₹9.5 L/yr - ₹18 L/yr

arrow icon 37% less
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Central Bank of India Manager Salary

6 - 12 years exp. (8 salaries)

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₹10 L/yr - ₹15 L/yr

arrow icon 44% less
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Indian Overseas Bank Manager Salary

9 - 11 years exp. (5 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 32% less
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Shinhan Bank Manager Salary

10 - 11 years exp. (5 salaries)

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₹6.6 L/yr - ₹10.9 L/yr

arrow icon 60% less
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Indian Bank Manager Salary

9 - 12 years exp. (4 salaries)

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₹12 L/yr - ₹16 L/yr

arrow icon 33% less
Manager salary at State Bank of India ranges between ₹9.5 Lakhs to ₹34 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 39 latest salaries received from various employees of State Bank of India.

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

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14 years exp.
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9 years exp.
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15 years exp.
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13 years exp.
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9 years exp.
6mo ago
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12 years exp.
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13 years exp.
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15 years exp.
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10 years exp.

Experience wise State Bank of India Manager salaries in Pune

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹20 L/yr - ₹36.8 L/yr
7 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹28 L/yr
8 years  (6 salaries)

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₹12 L/yr - ₹28 L/yr
9 years  (7 salaries)

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₹10 L/yr - ₹30 L/yr
10 years  (6 salaries)

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₹11.4 L/yr - ₹32 L/yr
View all
State Bank of India Manager Salary and Career Growth

From

To

Manager

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6 - 16 years exp.

Regional Manager

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12 - 26 years exp.

Manager

6 - 16 years exp.
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Chief Manager

11 - 22 years exp.
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arrow icon 43% hike

Assistant General Manager

16 - 32 years exp.
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arrow icon 1% hike

From

To

Manager

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6 - 16 years exp.

General Manager, Audit

Salary unavailable

From

To

Manager

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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
(31 salaries)
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₹8 L/yr - ₹20 L/yr
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₹7.1 L/yr - ₹10 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

2.0

Rated by 4 employees for salary & benefits

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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Job security - Good

Dislikes

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

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Work life balance and salary both are not befitting.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work-life balance - Bad
see more salary related reviews

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State Bank of India Manager Salary FAQs

What is the salary of Manager at State Bank of India in Pune?
The average salary of a Manager at State Bank of India in Pune typically ranges from ₹9.5 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Manager in Pune at State Bank of India earn more than ₹29.2 Lakhs per year, and the top 1% earn over ₹34.0 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 30+ State Bank of India employees in India.
What is the estimated take home salary of a Manager at State Bank of India in Pune?
The estimated take-home salary of a Manager at State Bank of India in Pune typically ranges from ₹1,43,055 to ₹1,48,387 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹34.0 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 30+ 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 Pune?
To be a Manager at State Bank of India in Pune, 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 Pune?
The salary of a Manager at companies similar to State Bank of India in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹10.0 Lakhs to ₹26.0 Lakhs per year
Bank of Baroda ₹8.5 Lakhs to ₹19.0 Lakhs per year
Barclays ₹7.9 Lakhs to ₹27.0 Lakhs per year
Canara Bank ₹8.4 Lakhs to ₹20.0 Lakhs per year
Indian Overseas Bank ₹11.0 Lakhs to ₹22.0 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 Pune?
The salary growth for a Manager at State Bank of India in Pune depends on factors such as experience, performance, and promotions. On average, a Manager in Pune can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
6 years ₹20.0 Lakhs to ₹36.8 Lakhs per year
7 years ₹8.3 Lakhs to ₹28.0 Lakhs per year
8 years ₹12.0 Lakhs to ₹28.0 Lakhs per year
9 years ₹10.0 Lakhs to ₹30.0 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Manager salary in Pune ranges between ₹9.5 Lakhs to ₹34 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 State Bank of India latest salaries received from various employees of State Bank of India.