State Bank of India Relationship Manager Salaries by 100+ Employees (Updated 2025)

2 - 14 years exp.

₹2.6 Lakhs - ₹15 Lakhs

Salary of majority employees

74% more than the average Relationship Manager Salary in Banking Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 14 years exp. (111 salaries)	₹3.3 L/yr - ₹16.4 L/yr
Sales & Business Development Relationship Manager Salary 2 - 12 years exp. (18 salaries)	₹2.8 L/yr - ₹12.1 L/yr
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Finance & Accounting Relationship Manager Salary 2 - 14 years exp. (6 salaries)	₹2.5 L/yr - ₹9 L/yr
Marketing & Communication Relationship Manager Salary 2 - 7 years exp. (6 salaries)	₹4 L/yr - ₹13.8 L/yr
Customer Success, Service & Operations Relationship Manager Salary 4 - 8 years exp. (5 salaries)	₹5 L/yr - ₹12.4 L/yr

Last Updated: 18 Jan 2025

Companies similar to State Bank of India for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 18 years exp. (12.9k salaries)	₹2.3 L/yr - ₹11 L/yr 17% less	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.2k salaries)	₹2.1 L/yr - ₹12.5 L/yr 20% less	23 job openings
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.8k salaries)	₹2.5 L/yr - ₹13 L/yr 16% less	5 job openings
Punjab National Bank Relationship Manager Salary 2 - 8 years exp. (10 salaries)	₹3 L/yr - ₹4 L/yr 60% less
Bank of Baroda Relationship Manager Salary 2 - 12 years exp. (34 salaries)	₹1.9 L/yr - ₹7 L/yr 61% less
Bank of India Relationship Manager Salary 3 - 13 years exp. (4 salaries)	₹3.7 L/yr - ₹21.9 L/yr 32% more
IDBI Bank Relationship Manager Salary 0 - 11 years exp. (67 salaries)	₹7.4 L/yr - ₹23 L/yr 62% more
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.4k salaries)	₹1.5 L/yr - ₹10 L/yr 31% less	3 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (1.4k salaries)	₹3 L/yr - ₹12.6 L/yr 10% less	81 job openings
Yes Bank Relationship Manager Salary 0 - 14 years exp. (1.1k salaries)	₹3 L/yr - ₹13.5 L/yr 12% less	12 job openings
AU Small Finance Bank Relationship Manager Salary 0 - 12 years exp. (733 salaries)	₹2 L/yr - ₹9.8 L/yr 32% less	4 job openings
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IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (921 salaries)	₹1.7 L/yr - ₹11 L/yr 30% less	16 job openings
Standard Chartered Relationship Manager Salary 1 - 12 years exp. (414 salaries)	₹3.8 L/yr - ₹16.3 L/yr 5% more
Bandhan Bank Relationship Manager Salary 0 - 13 years exp. (242 salaries)	₹1.6 L/yr - ₹8.3 L/yr 46% less
Deutsche Bank Relationship Manager Salary 2 - 9 years exp. (89 salaries)	₹4.9 L/yr - ₹13.2 L/yr 11% less	2 job openings
Shinhan Bank Relationship Manager Salary 1 - 13 years exp. (20 salaries)	₹4.6 L/yr - ₹15.6 L/yr 20% more
Baroda Global Shared Services Relationship Manager Salary 3 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹3.3 L/yr 66% less
Bank of America Relationship Manager Salary 1 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 2% more
Indian Overseas Bank Relationship Manager Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹14.1 L/yr 16% more
India Post Payments Bank Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3.4 L/yr 68% less

Relationship Manager salary at State Bank of India ranges between ₹2.6 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 191 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Relationship Manager salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.5 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.3 L/yr
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4 years (12 salaries)	₹2.8 L/yr - ₹8 L/yr
5 years (14 salaries)	₹3.5 L/yr - ₹8.7 L/yr
6 years (21 salaries)	₹3.3 L/yr - ₹10.6 L/yr
7 years (26 salaries)	₹4 L/yr - ₹14.4 L/yr
8 years (21 salaries)	₹4.4 L/yr - ₹12.4 L/yr
9 years (13 salaries)	₹4.1 L/yr - ₹18 L/yr
10 years (28 salaries)	₹4.5 L/yr - ₹19.5 L/yr
11 years (14 salaries)	₹7 L/yr - ₹20.8 L/yr
12 years (17 salaries)	₹6.3 L/yr - ₹22.2 L/yr
13 years (11 salaries)	₹6.3 L/yr - ₹22.9 L/yr
14 years (8 salaries)	₹7 L/yr - ₹24.2 L/yr

View all

Similar Designation salaries in State Bank of India

Relationship Officer Salary

(60 salaries)

₹1.75 L/yr - ₹4.5 L/yr

Branch Manager Salary

(317 salaries)

₹7.75 L/yr - ₹30 L/yr

Department Manager Salary

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Store Manager Salary

(3 salaries)

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Deputy Manager Salary

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₹7 L/yr - ₹28 L/yr

Territory Manager Salary

(4 salaries)

₹4.8 L/yr - ₹11.6 L/yr

Sales Manager Salary

(25 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Area Sales Manager Salary

(10 salaries)

₹5.5 L/yr - ₹12.15 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Branch Sales Manager Salary

(3 salaries)

₹1.2 L/yr - ₹5 L/yr

Top skills at State Bank of India for Relationship Manager

Wealth Management Relationship Management Life Insurance Compliance Finance General Insurance HNI Client Handling Banking Casa private banking Internet Banking Sales Team Leading Relationship Building CRM

Salary related reviews for State Bank of India

3.2

Rated by 67 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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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 Relationship Manager Salary FAQs

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

Relationship Manager salary at State Bank of India in India ranges between ₹2.6 Lakhs to ₹15.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 74% more than the average Relationship Manager Salary in India. Salary estimates are based on 191 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Relationship Manager at State Bank of India is 74% more than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Wealth Management, Relationship Management, Life Insurance, Compliance and Finance are some of the popular skills required to work as a Relationship Manager at State Bank of India India.

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

IDBI Bank Relationship Manager Salary - ₹7.4 Lakhs to ₹23.0 Lakhs per year
Bank of India Relationship Manager Salary - ₹3.7 Lakhs to ₹21.9 Lakhs per year
Shinhan Bank Relationship Manager Salary - ₹4.6 Lakhs to ₹15.6 Lakhs per year
Indian Overseas Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹14.1 Lakhs per year
Standard Chartered Relationship Manager Salary - ₹3.8 Lakhs to ₹16.3 Lakhs per year

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

Bank of America Relationship Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.6 Lakhs per year
Deutsche Bank Relationship Manager Salary - ₹4.9 Lakhs to ₹13.2 Lakhs per year
Yes Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at State Bank of India ranges between ₹63,883 per month to ₹65,510 per month in India. The take-home salary calculation is based on the average State Bank of India Relationship Manager salary in India which ranges between ₹2.6 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 65% of the State Bank of India Relationship Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 215 responses on AmbitionBox in last 2 years.

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State Bank of India Relationship Manager Salaries by Location

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State Bank of India Relationship Manager Salaries

State Bank of India Relationship Manager salary in India ranges between ₹2.6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 191 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Relationship Manager salaries in India

Companies similar to State Bank of India for Relationship Manager

Latest annual salaries shared by State Bank of India Relationship Manager

Experience wise State Bank of India Relationship Manager salaries

Similar Designation salaries in State Bank of India

Top skills at State Bank of India for Relationship Manager

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

Branch Manager in Mumbai

State Bank of India Relationship Manager Salary FAQs

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State Bank of India Relationship Manager Salaries by Location