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

Annual salary range
6 - 20 years exp.
₹7.5 Lakhs - ₹27 Lakhs
Salary of majority employees
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Fixed (92%)
₹17 Lakhs
Variable (8%)
₹1.5 Lakh
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6% 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)
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₹20 L/yr - ₹24 L/yr

BFSI, Investments & Trading
Project Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹11.3 L/yr - ₹20 L/yr

Engineering - Software & QA
Project Manager Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹26 L/yr

IT & Information Security
Project Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹22.3 L/yr

CSR & Social Service
Project Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹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
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HDFC Bank Project Manager Salary

1 - 15 years exp. (178 salaries)

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₹5.2 L/yr - ₹19.4 L/yr

arrow icon 40% less
1 job opening
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Standard Chartered Project Manager Salary

9 - 20 years exp. (173 salaries)

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₹11 L/yr - ₹43 L/yr

arrow icon 43% more
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ICICI Bank Project Manager Salary

1 - 12 years exp. (151 salaries)

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₹7.3 L/yr - ₹25 L/yr

arrow icon 9% less
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Axis Bank Project Manager Salary

0 - 16 years exp. (92 salaries)

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₹6.5 L/yr - ₹26.9 L/yr

arrow icon 16% less
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IDFC FIRST Bank Project Manager Salary

0 - 13 years exp. (79 salaries)

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₹6.6 L/yr - ₹27 L/yr

arrow icon 15% less
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IndusInd Bank Project Manager Salary

6 - 18 years exp. (78 salaries)

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₹9 L/yr - ₹37.8 L/yr

arrow icon 14% more
4 job openings
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Barclays Project Manager Salary

10 - 18 years exp. (69 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 45% more
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Yes Bank Project Manager Salary

2 - 15 years exp. (62 salaries)

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₹5.9 L/yr - ₹22 L/yr

arrow icon 31% less
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Kotak Mahindra Bank Project Manager Salary

1 - 12 years exp. (60 salaries)

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₹5.8 L/yr - ₹24.3 L/yr

arrow icon 22% less
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Bank of America Project Manager Salary

5 - 17 years exp. (55 salaries)

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₹10.4 L/yr - ₹30 L/yr

arrow icon 14% more
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Deutsche Bank Project Manager Salary

9 - 16 years exp. (30 salaries)

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₹12.5 L/yr - ₹40 L/yr

arrow icon 39% more
2 job openings
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Bandhan Bank Project Manager Salary

3 - 18 years exp. (21 salaries)

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₹4 L/yr - ₹15.8 L/yr

arrow icon 51% less
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AU Small Finance Bank Project Manager Salary

1 - 8 years exp. (19 salaries)

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₹6 L/yr - ₹16.1 L/yr

arrow icon 35% less
1 job opening
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Canara Bank Project Manager Salary

6 - 14 years exp. (5 salaries)

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₹13 L/yr - ₹26 L/yr

arrow icon 7% more
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IDBI Bank Project Manager Salary

5 - 11 years exp. (4 salaries)

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₹15 L/yr - ₹24.5 L/yr

arrow icon 4% more
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Bank of Baroda Project Manager Salary

0 - 15 years exp. (4 salaries)

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₹8.5 L/yr - ₹28.4 L/yr

At par
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Indian Bank Project Manager Salary

8 - 14 years exp. (4 salaries)

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₹12 L/yr - ₹33 L/yr

arrow icon 2% more
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The World Bank Project Manager Salary

10 - 17 years exp. (4 salaries)

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₹13 L/yr - ₹23 L/yr

arrow icon 8% less
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Reserve Bank of India Project Manager Salary

0 - 8 years exp. (3 salaries)

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₹5 L/yr - ₹25 L/yr

arrow icon 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.

Latest annual salaries shared by State Bank of India Project Manager

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8 years exp.
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16 years exp.
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7 years exp.
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13 years exp.
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15 years exp.
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14 years exp.
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Experience wise State Bank of India Project Manager salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹29.3 L/yr
7 years  (3 salaries)

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₹10 L/yr - ₹29.8 L/yr
8 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)

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₹7 L/yr - ₹24 L/yr
View all

Similar Designation salaries in State Bank of India

Product Manager Salary
(20 salaries)
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₹11 L/yr - ₹32 L/yr
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₹24 L/yr - ₹30.5 L/yr
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₹18 L/yr - ₹30 L/yr
Project Coordinator Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Technical Manager Salary
(AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹6 L/yr - ₹25.56 L/yr
Technical Lead Salary
(6 salaries)
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₹16 L/yr - ₹20 L/yr
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₹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

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

 · 

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

read more
  • 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

read more
  • Work satisfaction - Bad
  • +2 more

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

 · 

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
see more salary related reviews

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State Bank of India Project Manager Salary FAQs

What is the salary of Project Manager at State Bank of India ?
The average salary of a Project Manager at State Bank of India in India typically ranges from ₹7.5 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 6 years to 20 years).

The top 10% of Project Manager at State Bank of India earn more than ₹25.8 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Project 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 10+ State Bank of India employees in India.
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 in India typically ranges from ₹1,23,547 to ₹1,27,276 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 6 years to 20 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 10+ 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 Project Manager at State Bank of India ?
To be a Project Manager at State Bank of India in india, the key skills required include:

  • - Project Management
  • - Program Management
  • - Project Planning
  • - PMP
  • - Banking

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than State Bank of India for Project Manager in India?
Barclays ₹15.0 Lakhs to ₹40.0 Lakhs per year
Standard Chartered ₹11.0 Lakhs to ₹43.0 Lakhs per year
Deutsche Bank ₹12.5 Lakhs to ₹40.0 Lakhs per year
IndusInd Bank ₹9.0 Lakhs to ₹37.8 Lakhs per year
Bank of America ₹10.4 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.
What is the salary of a Project Manager in companies similar to State Bank of India in India?
The salary of a Project Manager at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank ₹13.0 Lakhs to ₹26.0 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹24.5 Lakhs per year
Indian Bank ₹12.0 Lakhs to ₹33.0 Lakhs per year
Bank of Baroda ₹8.5 Lakhs to ₹28.4 Lakhs per year
The World Bank ₹13.0 Lakhs to ₹23.0 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 Project Manager at State Bank of India in India?
The salary growth for a Project Manager at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Project Manager can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
6 years ₹10.6 Lakhs to ₹29.3 Lakhs per year
7 years ₹10.0 Lakhs to ₹29.8 Lakhs per year
8 years ₹6.8 Lakhs to ₹20.0 Lakhs per year
9 years ₹15.5 Lakhs to ₹19.8 Lakhs per year
and so on.

Tell us how to improve this page.

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