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State Bank of India Operations Manager salaries in India

Annual salary range
3 - 31 years exp.
₹12 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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38% more than the average Operations Manager Salary in Banking Companies for 3 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
7 - 13 years exp. (3 salaries)
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₹13.7 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Operations Manager Salary
5 - 31 years exp. (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12 L/yr

Last Updated: 7 Dec 2024

Companies similar to State Bank of India for Operations Manager

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

0 - 18 years exp. (701 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 49% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (522 salaries)

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₹2.2 L/yr - ₹11.5 L/yr

arrow icon 55% less
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Axis Bank Operations Manager Salary

3 - 14 years exp. (476 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 49% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (257 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 56% less
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Yes Bank Operations Manager Salary

1 - 16 years exp. (158 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 47% less
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (238 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 51% less
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IndusInd Bank Operations Manager Salary

1 - 12 years exp. (146 salaries)

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₹2 L/yr - ₹10.2 L/yr

arrow icon 65% less
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₹4.5 L/yr - ₹12 L/yr

arrow icon 37% less
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Bank of Baroda Operations Manager Salary

8 - 13 years exp. (18 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 13% less
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Canara Bank Operations Manager Salary

8 - 12 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 15% less
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Operations Manager salary at State Bank of India ranges between ₹12 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 31 years. Salary estimates are based on 9 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Operations Manager

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18 years exp.
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7 years exp.
6mo ago
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13 years exp.
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12 years exp.
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15 years exp.
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31 years exp.
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9 years exp.
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5 years exp.
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3 years exp.

Experience wise State Bank of India Operations Manager salaries

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹25.5 L/yr
4 years (AmbitionBox Estimate)

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₹12.8 L/yr - ₹16.4 L/yr
5 years (AmbitionBox Estimate)

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₹12 L/yr - ₹25.8 L/yr
6 years (AmbitionBox Estimate)

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₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹15 L/yr
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State Bank of India Operations Manager Salary and Career Growth

From

To

Operations Manager

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3 - 31 years exp.

Regional Manager

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12 - 26 years exp.

Operations Manager 3 - 31 years exp.
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Branch Manager 5 - 16 years exp.
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arrow icon 35% hike
Chief Manager 11 - 22 years exp.
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arrow icon 62% hike

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From

4 more levels

To

Operations Manager

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3 - 31 years exp.

New Business Manager

Salary unavailable

View 1 more career path

Similar Designation salaries in State Bank of India

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₹5 L/yr - ₹20 L/yr
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₹18 L/yr - ₹35 L/yr
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₹20 L/yr - ₹75 L/yr
Service Manager Salary
(26 salaries)
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₹7.5 L/yr - ₹16 L/yr
Team Manager Salary
(7 salaries)
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₹9.8 L/yr - ₹15.69 L/yr
Store Manager Salary
(3 salaries)
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₹8.2 L/yr - ₹13.2 L/yr
Branch Manager Salary
(289 salaries)
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₹9 L/yr - ₹33.44 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
Deputy Manager Salary
(599 salaries)
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₹7.2 L/yr - ₹28 L/yr
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₹24 L/yr - ₹30.5 L/yr

Salary related reviews for State Bank of India

3.8

Rated by 11 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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

  • Salary - Good
  • +1 more

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.

read more
  • Skill development - Bad
  • +3 more

Full Time

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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.

read more
  • Salary - Good
  • +2 more

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.

read more
  • Company culture - Poor
  • +1 more

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

  • Job security - Excellent

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

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  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

3.0
 for  Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

read more
  • Job security - Excellent

Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

read more
  • Skill development - Bad
  • +2 more
see more salary related reviews

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State Bank of India Operations Manager Salary FAQs

What is the salary of Operations Manager at State Bank of India?
Operations Manager salary at State Bank of India in India ranges between ₹12.0 Lakhs to ₹20.0 Lakhs for experience between 3 years to 31 years. According to our estimates it is 38% more than the average Operations Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of State Bank of India India.
How does the salary of a Operations Manager at State Bank of India India compare with the average salary range for this job?
The average salary of a Operations Manager at State Bank of India is 38% more than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Operations Manager in India?
  • Reserve Bank of India Operations Manager Salary - ₹15.8 Lakhs to ₹25.6 Lakhs per year
  • Sberbank Branch in India Operations Manager Salary - ₹13.1 Lakhs to ₹22.0 Lakhs per year
  • Bank of America Operations Manager Salary - ₹9.7 Lakhs to ₹32.0 Lakhs per year
  • India Post Payments Bank Operations Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
  • Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Operations Manager in companies similar to State Bank of India in India?
  • Standard Chartered Operations Manager Salary - ₹7.2 Lakhs to ₹26.2 Lakhs per year
  • IDBI Bank Operations Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
  • Bank of Baroda Operations Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
  • Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
  • Deutsche Bank Operations Manager Salary - ₹5.5 Lakhs to ₹19.0 Lakhs per year
What is the estimated take home salary of a Operations Manager at State Bank of India in India?
The estimated take-home salary of a Operations Manager at State Bank of India ranges between ₹1,03,516 per month to ₹1,06,351 per month in India. The take-home salary calculation is based on the average State Bank of India Operations Manager salary in India which ranges between ₹12.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 31 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at State Bank of India?
According to AmbitionBox, 70% of the State Bank of India Operations Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Operations Manager salary in India ranges between ₹12 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 State Bank of India latest salaries received from various employees of State Bank of India.