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

5 - 14 years exp.

₹5 Lakhs - ₹20 Lakhs

Salary of majority employees

128% more than the average Relationship Manager Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 5 - 14 years exp. (106 salaries)	₹5 L/yr - ₹17.5 L/yr
Sales & Business Development Relationship Manager Salary 6 - 12 years exp. (13 salaries)	₹4.2 L/yr - ₹15 L/yr
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Finance & Accounting Relationship Manager Salary 5 - 14 years exp. (5 salaries)	₹7.8 L/yr - ₹20.3 L/yr
Customer Success, Service & Operations Relationship Manager Salary 5 - 8 years exp. (4 salaries)	₹5 L/yr - ₹14.2 L/yr
Marketing & Communication Relationship Manager Salary 7 years exp. (4 salaries)	₹7.2 L/yr - ₹19 L/yr

Last Updated: 19 Feb 2025

Companies similar to State Bank of India for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (13k salaries)	₹2.5 L/yr - ₹11.5 L/yr 35% less	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.2k salaries)	₹2 L/yr - ₹12.5 L/yr 40% less	20 job openings
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.8k salaries)	₹2.5 L/yr - ₹12 L/yr 37% less	6 job openings
Punjab National Bank Relationship Manager Salary 2 - 8 years exp. (11 salaries)	₹3 L/yr - ₹4 L/yr 70% less
Bank of Baroda Relationship Manager Salary 2 - 12 years exp. (34 salaries)	₹1.9 L/yr - ₹7 L/yr 70% less
Bank of India Relationship Manager Salary 3 - 11 years exp. (4 salaries)	₹3.7 L/yr - ₹10.8 L/yr 35% less
IDBI Bank Relationship Manager Salary 0 - 11 years exp. (67 salaries)	₹6.4 L/yr - ₹23 L/yr 23% more
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.5k salaries)	₹1.5 L/yr - ₹10 L/yr 48% less	5 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (1.4k salaries)	₹3 L/yr - ₹12.5 L/yr 32% less	24 job openings
Yes Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	₹3 L/yr - ₹13.5 L/yr 33% less	10 job openings
AU Small Finance Bank Relationship Manager Salary 0 - 12 years exp. (744 salaries)	₹2 L/yr - ₹10 L/yr 48% less	2 job openings
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IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (757 salaries)	₹2 L/yr - ₹10.8 L/yr 47% less	8 job openings
Standard Chartered Relationship Manager Salary 1 - 12 years exp. (423 salaries)	₹4.3 L/yr - ₹14.1 L/yr 19% less
Bandhan Bank Relationship Manager Salary 0 - 12 years exp. (238 salaries)	₹1.6 L/yr - ₹8.4 L/yr 60% less
Deutsche Bank Relationship Manager Salary 2 - 9 years exp. (90 salaries)	₹4.9 L/yr - ₹14 L/yr 32% less
Shinhan Bank Relationship Manager Salary 1 - 13 years exp. (20 salaries)	₹4.6 L/yr - ₹15.6 L/yr 10% less
Baroda Global Shared Services Relationship Manager Salary 3 - 8 years exp. (7 salaries)	₹3 L/yr - ₹4.2 L/yr 72% less
Bank of America Relationship Manager Salary 1 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 23% less
Indian Overseas Bank Relationship Manager Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹14.1 L/yr 12% less
India Post Payments Bank Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3.4 L/yr 76% less

Relationship Manager salary at State Bank of India ranges between ₹5 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 172 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Relationship Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
5 years (14 salaries)	₹3.5 L/yr - ₹12 L/yr
6 years (21 salaries)	₹3.7 L/yr - ₹14.8 L/yr
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7 years (25 salaries)	₹4 L/yr - ₹17.1 L/yr
8 years (21 salaries)	₹4.4 L/yr - ₹16.7 L/yr
9 years (13 salaries)	₹4.8 L/yr - ₹20 L/yr
10 years (27 salaries)	₹4.9 L/yr - ₹20 L/yr
11 years (14 salaries)	₹7 L/yr - ₹21 L/yr
12 years (17 salaries)	₹6.3 L/yr - ₹24.5 L/yr
13 years (11 salaries)	₹9.1 L/yr - ₹25 L/yr
14 years (9 salaries)	₹7 L/yr - ₹27 L/yr

View all

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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 69 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 ₹5.0 Lakhs to ₹20.0 Lakhs for experience between 5 years to 14 years. According to our estimates it is 128% more than the average Relationship Manager Salary in India. Salary estimates are based on 172 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 128% 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 - ₹6.4 Lakhs to ₹23.0 Lakhs per year

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

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 - ₹4.3 Lakhs to ₹14.1 Lakhs per year
Bank of America Relationship Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.5 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 ₹82,585 per month to ₹84,741 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 ₹5.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 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, 64% 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 211 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 ₹5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 172 State Bank of India latest salaries received from various employees of State Bank of India.

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

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