State Bank of India Project Manager Salaries by 10+ Employees (Updated 2025)

6 - 20 years exp.

₹7.5 Lakhs - ₹27 Lakhs

Salary of majority employees

Fixed (92%)

₹17 Lakhs

Variable (8%)

₹1.5 Lakh

7% more than the average Project Manager Salary in Banking Companies for 6 - 20 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 10 - 16 years exp. (4 salaries)	₹20 L/yr - ₹24 L/yr
BFSI, Investments & Trading Project Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹20 L/yr
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Engineering - Software & QA Project Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹26 L/yr
IT & Information Security Project Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22.3 L/yr
CSR & Social Service Project Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹16.9 L/yr

Last Updated: 14 Feb 2025

Companies similar to State Bank of India for Project Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Project Manager Salary 1 - 13 years exp. (155 salaries)	₹7.5 L/yr - ₹31.5 L/yr 5% less
HDFC Bank Project Manager Salary 1 - 13 years exp. (166 salaries)	₹5.2 L/yr - ₹18.1 L/yr 43% less
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Axis Bank Project Manager Salary 0 - 16 years exp. (93 salaries)	₹6.5 L/yr - ₹26.7 L/yr 15% less
Kotak Mahindra Bank Project Manager Salary 1 - 13 years exp. (64 salaries)	₹6.2 L/yr - ₹24 L/yr 20% less
Bank of Baroda Project Manager Salary 0 - 14 years exp. (4 salaries)	₹8.5 L/yr - ₹28.4 L/yr At par
Canara Bank Project Manager Salary 6 - 14 years exp. (5 salaries)	₹13 L/yr - ₹26 L/yr 7% more
IDBI Bank Project Manager Salary 5 - 11 years exp. (4 salaries)	₹15 L/yr - ₹24.5 L/yr 4% more
Standard Chartered Project Manager Salary 9 - 20 years exp. (171 salaries)	₹12 L/yr - ₹43 L/yr 48% more
IDFC FIRST Bank Project Manager Salary 0 - 13 years exp. (83 salaries)	₹7.8 L/yr - ₹25.2 L/yr 6% less
IndusInd Bank Project Manager Salary 6 - 18 years exp. (79 salaries)	₹9.4 L/yr - ₹38 L/yr 27% more	6 job openings
Barclays Project Manager Salary 10 - 18 years exp. (69 salaries)	₹15 L/yr - ₹40 L/yr 47% more
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Yes Bank Project Manager Salary 2 - 15 years exp. (64 salaries)	₹6 L/yr - ₹22 L/yr 32% less
Bank of America Project Manager Salary 5 - 17 years exp. (56 salaries)	₹10.4 L/yr - ₹35 L/yr 16% more
Deutsche Bank Project Manager Salary 9 - 16 years exp. (29 salaries)	₹12.5 L/yr - ₹39 L/yr 31% more	2 job openings
Bandhan Bank Project Manager Salary 3 - 18 years exp. (21 salaries)	₹4 L/yr - ₹15.8 L/yr 51% less
AU Small Finance Bank Project Manager Salary 1 - 11 years exp. (20 salaries)	₹6 L/yr - ₹15.9 L/yr 36% less	1 job opening
Indian Bank Project Manager Salary 8 - 14 years exp. (4 salaries)	₹12 L/yr - ₹33 L/yr 2% more
The World Bank Project Manager Salary 10 - 17 years exp. (4 salaries)	₹13 L/yr - ₹23 L/yr 8% less
Reserve Bank of India Project Manager Salary 0 - 8 years exp. (3 salaries)	₹5 L/yr - ₹25 L/yr 10% less

Project Manager salary at State Bank of India ranges between ₹7.5 Lakhs to ₹27 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 16 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Project Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹29.3 L/yr
7 years (3 salaries)	₹10 L/yr - ₹29.8 L/yr
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8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹24 L/yr
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
12 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.9 L/yr
13 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹26 L/yr
14 years (AmbitionBox Estimate)	₹16 L/yr - ₹33.8 L/yr
15+ years (6 salaries)	₹8.4 L/yr - ₹27 L/yr

View all

Similar Designation salaries in State Bank of India

Product Manager Salary

(20 salaries)

₹11 L/yr - ₹32 L/yr

Program Manager Salary

(4 salaries)

₹24 L/yr - ₹30.5 L/yr

Senior Project Manager Salary

(4 salaries)

₹18 L/yr - ₹30 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Business Analyst Salary

(48 salaries)

₹5.46 L/yr - ₹20.7 L/yr

Technical Lead Salary

(6 salaries)

₹16 L/yr - ₹20 L/yr

Associate Consultant Salary

(5 salaries)

₹2.05 L/yr - ₹3 L/yr

Top skills at State Bank of India for Project Manager

Project Management Program Management Project Planning PMP Banking UAT Relationship Management Information Technology Vendor Management Bid Management Project Implementation Stakeholder Management broking Project Delivery Test Scenarios

Salary related reviews for State Bank of India

4.0

Rated by 1 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

Field Officer in Amravati

Full Time

Other Department

3.0

• posted on 20 Oct 2024

5.0

for Salary and Benefits

Likes

Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

Salary - Excellent

+2 more

Dislikes

There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

Work satisfaction - Bad

+2 more

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

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

Salary - Bad

+5 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

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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State Bank of India Project Manager Salary FAQs

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

Project Manager salary at State Bank of India in India ranges between ₹7.5 Lakhs to ₹27.0 Lakhs for experience between 6 years to 20 years. According to our estimates it is 7% more than the average Project Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Project Manager at State Bank of India is 7% more than the average salary of a Project Manager in India. To know exact salary insights, login to view.

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

Project Management, Program Management, Project Planning, PMP and Banking are some of the popular skills required to work as a Project Manager at State Bank of India India.

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

Standard Chartered Project Manager Salary - ₹12.0 Lakhs to ₹43.0 Lakhs per year
Barclays Project Manager Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
Deutsche Bank Project Manager Salary - ₹12.5 Lakhs to ₹39.0 Lakhs per year
IndusInd Bank Project Manager Salary - ₹9.4 Lakhs to ₹38.0 Lakhs per year
Bank of America Project Manager Salary - ₹10.4 Lakhs to ₹35.0 Lakhs per year

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

Canara Bank Project Manager Salary - ₹13.0 Lakhs to ₹26.0 Lakhs per year
IDBI Bank Project Manager Salary - ₹15.0 Lakhs to ₹24.5 Lakhs per year
Indian Bank Project Manager Salary - ₹12.0 Lakhs to ₹33.0 Lakhs per year
Bank of Baroda Project Manager Salary - ₹8.5 Lakhs to ₹28.4 Lakhs per year
ICICI Bank Project Manager Salary - ₹7.5 Lakhs to ₹31.5 Lakhs per year

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

The estimated take-home salary of a Project Manager at State Bank of India ranges between ₹1,23,547 per month to ₹1,27,276 per month in India. The take-home salary calculation is based on the average State Bank of India Project Manager salary in India which ranges between ₹7.5 Lakhs to ₹27.0 Lakhs per year for employees with experience between 6 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 31% of the State Bank of India Project Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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State Bank of India Project Manager Salaries by Location

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State Bank of India Project Manager Salaries

State Bank of India Project Manager salary in India ranges between ₹7.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 State Bank of India latest salaries received from various employees of State Bank of India.

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

Companies similar to State Bank of India for Project Manager

Latest annual salaries shared by State Bank of India Project Manager

Experience wise State Bank of India Project Manager salaries

Similar Designation salaries in State Bank of India

Top skills at State Bank of India for Project Manager

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Field Officer in Amravati

Manager in Bhopal

Deputy Manager in Mumbai

State Bank of India Project Manager Salary FAQs

Tell us how to improve this page.

State Bank of India Project Manager Salaries by Location