State Bank of India Product Manager Salaries by 20+ Employees (Updated 2025)

2 - 10 years exp.

₹11 Lakhs - ₹32 Lakhs

Salary of majority employees

6% more than the average Product Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Product Management Product Manager Salary 5 - 10 years exp. (11 salaries)	₹19.5 L/yr - ₹32 L/yr
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Project & Program Management Product Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹21.4 L/yr

Last Updated: 30 Dec 2024

Companies similar to State Bank of India for Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 12 years exp. (731 salaries)	₹6 L/yr - ₹25 L/yr 37% less
ICICI Bank Product Manager Salary 0 - 11 years exp. (3k salaries)	₹7.1 L/yr - ₹27 L/yr 24% less
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Axis Bank Product Manager Salary 1 - 11 years exp. (550 salaries)	₹7 L/yr - ₹26.5 L/yr 24% less
Kotak Mahindra Bank Product Manager Salary 0 - 12 years exp. (596 salaries)	₹6.3 L/yr - ₹25 L/yr 36% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (215 salaries)	₹7.2 L/yr - ₹26.4 L/yr 25% less	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (506 salaries)	₹8.5 L/yr - ₹30 L/yr 15% less	2 job openings
IndusInd Bank Product Manager Salary 0 - 10 years exp. (123 salaries)	₹9.5 L/yr - ₹30.5 L/yr 10% less
Federal Bank Product Manager Salary 1 - 9 years exp. (22 salaries)	₹12 L/yr - ₹22 L/yr 27% less
RBL Bank Product Manager Salary 1 - 12 years exp. (160 salaries)	₹6.2 L/yr - ₹22.2 L/yr 42% less	1 job opening
AU Small Finance Bank Product Manager Salary 0 - 7 years exp. (220 salaries)	₹6 L/yr - ₹24.1 L/yr 36% less	1 job opening
Standard Chartered Product Manager Salary 4 - 13 years exp. (44 salaries)	₹14.4 L/yr - ₹46.5 L/yr 35% more
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Bandhan Bank Product Manager Salary 0 - 14 years exp. (37 salaries)	₹4.9 L/yr - ₹20.4 L/yr 48% less
Deutsche Bank Product Manager Salary 14 - 21 years exp. (11 salaries)	₹24 L/yr - ₹40 L/yr 44% more	2 job openings
Bank of America Product Manager Salary 7 - 15 years exp. (9 salaries)	₹13 L/yr - ₹31.9 L/yr At par
Bank of Baroda Product Manager Salary 4 - 12 years exp. (8 salaries)	₹7.1 L/yr - ₹20 L/yr 35% less
IDBI Bank Product Manager Salary 6 - 13 years exp. (6 salaries)	₹11 L/yr - ₹28 L/yr 11% less
Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 48% less
Canara Bank Product Manager Salary 8 - 13 years exp. (5 salaries)	₹12 L/yr - ₹29 L/yr 14% less

Product Manager salary at State Bank of India ranges between ₹11 Lakhs to ₹32 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 20 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Product Manager salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹18 L/yr - ₹40.3 L/yr
3 years (AmbitionBox Estimate)	₹15 L/yr - ₹40.5 L/yr
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4 years (AmbitionBox Estimate)	₹11 L/yr - ₹40.6 L/yr
5 years (4 salaries)	₹11 L/yr - ₹25 L/yr
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹27 L/yr
7 years (3 salaries)	₹20 L/yr - ₹32 L/yr
8 years (AmbitionBox Estimate)	₹20 L/yr - ₹30 L/yr
9 years (3 salaries)	₹18 L/yr - ₹41.6 L/yr
10 years (AmbitionBox Estimate)	₹23 L/yr - ₹23.5 L/yr

View all

Similar Designation salaries in State Bank of India

Project Manager Salary

(16 salaries)

₹7.5 L/yr - ₹27 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Program Manager Salary

(4 salaries)

₹24 L/yr - ₹30.5 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Deputy Manager Salary

(623 salaries)

₹7 L/yr - ₹28 L/yr

Senior Product Manager Salary

(6 salaries)

₹13 L/yr - ₹23 L/yr

Digital Product Manager Salary

(AmbitionBox Estimate)

₹26.1 L/yr - ₹33.3 L/yr

Senior Project Manager Salary

(4 salaries)

₹18 L/yr - ₹30 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Business Analyst Salary

(48 salaries)

₹5.46 L/yr - ₹20.7 L/yr

Top skills at State Bank of India for Product Manager

Product Management Product Strategy E-commerce Digital Marketing

Salary related reviews for State Bank of India

4.3

Rated by 4 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

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Job security - Good

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Salary - Poor

+4 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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State Bank of India Product Manager Salary FAQs

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

Product Manager salary at State Bank of India in India ranges between ₹11.0 Lakhs to ₹32.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 6% more than the average Product Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Product Manager at State Bank of India is 6% more than the average salary of a Product Manager in India. To know exact salary insights, login to view.

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

Product Management, Product Strategy, E-commerce and Digital Marketing are some of the popular skills required to work as a Product Manager at State Bank of India India.

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

Deutsche Bank Product Manager Salary - ₹24.0 Lakhs to ₹40.0 Lakhs per year
Standard Chartered Product Manager Salary - ₹14.4 Lakhs to ₹46.5 Lakhs per year
Bank of America Product Manager Salary - ₹13.0 Lakhs to ₹31.9 Lakhs per year

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

IndusInd Bank Product Manager Salary - ₹9.5 Lakhs to ₹30.5 Lakhs per year
IDBI Bank Product Manager Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
Canara Bank Product Manager Salary - ₹12.0 Lakhs to ₹29.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.1 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Product Manager at State Bank of India ranges between ₹1,46,657 per month to ₹1,52,152 per month in India. The take-home salary calculation is based on the average State Bank of India Product Manager salary in India which ranges between ₹11.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the State Bank of India Product Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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State Bank of India Product Manager Salaries

State Bank of India Product Manager salary in India ranges between ₹11 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 State Bank of India latest salaries received from various employees of State Bank of India.