State Bank of India Operations Manager Salaries by 9 Employees (Updated 2025)

3 - 31 years exp.

₹12 Lakhs - ₹20 Lakhs

Low Confidence

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)	Unlock ₹13.7 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Operations Manager Salary 5 - 31 years exp. (AmbitionBox Estimate)	Unlock ₹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
HDFC Bank Operations Manager Salary 0 - 18 years exp. (704 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 48% less
ICICI Bank Operations Manager Salary 0 - 13 years exp. (498 salaries)	Unlock ₹2.5 L/yr - ₹11.4 L/yr 54% less
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Axis Bank Operations Manager Salary 3 - 14 years exp. (466 salaries)	Unlock ₹2.8 L/yr - ₹12.5 L/yr 49% less
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (253 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 56% less
Yes Bank Operations Manager Salary 1 - 16 years exp. (154 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 48% less
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (239 salaries)	Unlock ₹2.8 L/yr - ₹12 L/yr 54% less
IndusInd Bank Operations Manager Salary 1 - 14 years exp. (165 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 60% less
Punjab National Bank Operations Manager Salary 2 - 34 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹12 L/yr 37% less
Bank of Baroda Operations Manager Salary 8 - 13 years exp. (18 salaries)	Unlock ₹10 L/yr - ₹18 L/yr 13% less
Canara Bank Operations Manager Salary 8 - 12 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹13.5 L/yr 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.

Experience wise State Bank of India Operations Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹25.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹12.8 L/yr - ₹16.4 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹25.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹13.1 L/yr - ₹16.7 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹26.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹13.2 L/yr - ₹16.8 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹13.2 L/yr - ₹16.9 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹16 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹16 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹13.4 L/yr - ₹17.1 L/yr
15+ years (3 salaries)	Unlock ₹12 L/yr - ₹20 L/yr

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From

Operations Manager

₹

Lakhs/yr

3 - 31 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Operations Manager

3 - 31 years exp.

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Branch Manager

5 - 16 years exp.

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32% hike

Chief Manager

11 - 22 years exp.

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66% hike

From

View 5 more levels

Operations Manager

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3 - 31 years exp.

General Manager, Audit

Salary unavailable

From

View 4 more levels

Operations Manager

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3 - 31 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.

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Salary related reviews for State Bank of India

3.8

Rated by 11 employees for salary & benefits

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

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

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.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

Full Time

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.

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.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

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

Work satisfaction - Bad

+2 more

Branch Manager in Mumbai

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.

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.

Skill development - Bad

+2 more

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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
Standard Chartered Operations Manager Salary - ₹7.2 Lakhs to ₹26.2 Lakhs per year
India Post Payments Bank Operations Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year

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

Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 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.

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State Bank of India Operations Manager Salaries

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