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

Annual salary range
6 - 20 years exp.
₹7.5 Lakhs - ₹27 Lakhs
Salary of majority employees
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5% less than the average Project Manager Salary in Banking Companies for 6 - 20 years of experience

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Salaries in different departments

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 - ₹16.6 L/yr

Engineering - Software & QA
Project Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹19.7 L/yr

Project & Program Management
Project Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹17.7 L/yr - ₹24 L/yr

Last Updated: 3 Jan 2025

Companies similar to State Bank of India for Project Manager in Mumbai

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State Bank of India Project Manager Salary

6 - 20 years exp. (8 salaries)

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₹7.5 L/yr - ₹27 L/yr

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

1 - 15 years exp. (75 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 27% less
1 job opening
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ICICI Bank Project Manager Salary

1 - 12 years exp. (70 salaries)

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₹14.6 L/yr - ₹26.5 L/yr

arrow icon 10% less
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Axis Bank Project Manager Salary

0 - 16 years exp. (59 salaries)

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₹6.3 L/yr - ₹24.4 L/yr

arrow icon 16% less
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IDFC FIRST Bank Project Manager Salary

0 - 13 years exp. (56 salaries)

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₹7 L/yr - ₹25.7 L/yr

arrow icon 17% less
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IndusInd Bank Project Manager Salary

6 - 18 years exp. (48 salaries)

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₹9.4 L/yr - ₹31.5 L/yr

arrow icon 8% more
7 job openings
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Kotak Mahindra Bank Project Manager Salary

1 - 12 years exp. (48 salaries)

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₹5.3 L/yr - ₹23.4 L/yr

arrow icon 28% less
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Yes Bank Project Manager Salary

2 - 14 years exp. (34 salaries)

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₹5.7 L/yr - ₹22 L/yr

arrow icon 23% less
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Bank of America Project Manager Salary

5 - 17 years exp. (14 salaries)

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₹10.4 L/yr - ₹23 L/yr

arrow icon 12% more
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Deutsche Bank Project Manager Salary

9 - 12 years exp. (7 salaries)

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₹20 L/yr - ₹36 L/yr

arrow icon 50% more
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AU Small Finance Bank Project Manager Salary

5 - 8 years exp. (5 salaries)

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₹7 L/yr - ₹17 L/yr

arrow icon 34% less
1 job opening
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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 1% more
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 8 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Project Manager in Mumbai

2mo ago
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15 years exp.
1y ago
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10 years exp.
1y ago
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14 years exp.

Experience wise State Bank of India Project Manager salaries in Mumbai

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
7 years (AmbitionBox Estimate)

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₹14.7 L/yr - ₹18.7 L/yr
8 years (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19.1 L/yr
9 years (AmbitionBox Estimate)

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₹15.2 L/yr - ₹19.5 L/yr
10 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 L/yr
View all

Similar Designation salaries in State Bank of India

Product Manager Salary
(14 salaries)
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₹11 L/yr - ₹27 L/yr
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₹6 L/yr - ₹25 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

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Mar 2025

4.0
 for  Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

read more
  • Salary - Good
  • +4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

read more
  • Work-life balance - Bad

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Mar 2025

2.0
 for  Salary and Benefits

Likes

Job security,low interest rate for loans ,medical facilities ,leave facility and perks

  • Job security - Good

Dislikes

No work life balance Excess workload Not sufficient salary according to work we do Long working hours without any overtime No resolution of grievances .you just have to work and work to complete the work Shortage of staff.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Mar 2025

4.0
 for  Salary and Benefits

Likes

Work with top bank in sbi Minimum stress but good culture but may be some managers are not good Salary is good for fresher Work in core banking like kcc and government scheme Enjoy lunch time 😀

read more
  • Salary - Good
  • +5 more

Dislikes

It is a field job which you are required to travel to Village or may be door to door services No promotion is there it is the third party job But due to working in the loan department you can work with private bank after getting experience.

read more
  • Promotions - Poor

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
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 in Mumbai?
The average salary of a Project Manager at State Bank of India in Mumbai 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 in Mumbai at State Bank of India earn more than ₹26.1 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 8 State Bank of India employees in India.
What is the estimated take home salary of a Project Manager at State Bank of India in Mumbai?
The estimated take-home salary of a Project Manager at State Bank of India in Mumbai typically ranges from ₹1,22,038 to ₹1,25,567 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 8 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 in Mumbai?
To be a Project Manager at State Bank of India in Mumbai, 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?
Deutsche Bank ₹20.0 Lakhs to ₹36.0 Lakhs per year
Bank of America ₹10.4 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank ₹9.4 Lakhs to ₹31.5 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹24.5 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 Mumbai?
The salary of a Project Manager at companies similar to State Bank of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹14.6 Lakhs to ₹26.5 Lakhs per year
Axis Bank ₹6.3 Lakhs to ₹24.4 Lakhs per year
IDFC FIRST Bank ₹7.0 Lakhs to ₹25.7 Lakhs per year
Yes Bank ₹5.7 Lakhs to ₹22.0 Lakhs per year
HDFC Bank ₹6.0 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 Mumbai?
The salary growth for a Project Manager at State Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Manager in Mumbai can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
6 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
7 years ₹14.7 Lakhs to ₹18.7 Lakhs per year
8 years ₹14.9 Lakhs to ₹19.1 Lakhs per year
9 years ₹15.2 Lakhs to ₹19.5 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Project Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 State Bank of India latest salaries received from various employees of State Bank of India.