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State Bank of India Relationship Manager - SME salaries in India

Annual salary range
4 - 15 years exp.
₹12 Lakhs - ₹25 Lakhs
Salary of majority employees
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71% more than the average Relationship Manager - SME Salary in Banking Companies for 4 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager - SME Salary
6 - 15 years exp. (18 salaries)
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₹12 L/yr - ₹25 L/yr

Finance & Accounting
Relationship Manager - SME Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹24 L/yr

Marketing & Communication
Relationship Manager - SME Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹20 L/yr

Last Updated: 24 Nov 2024

Companies similar to State Bank of India for Relationship Manager - SME

Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Manager - SME Salary

0 - 8 years exp. (49 salaries)

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₹4.4 L/yr - ₹18 L/yr

arrow icon 48% less
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Axis Bank Relationship Manager - SME Salary

1 - 13 years exp. (27 salaries)

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₹5.4 L/yr - ₹17 L/yr

arrow icon 53% less
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Bandhan Bank Relationship Manager - SME Salary

6 - 16 years exp. (16 salaries)

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₹6.8 L/yr - ₹13.1 L/yr

arrow icon 48% less
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Yes Bank Relationship Manager - SME Salary

0 - 13 years exp. (6 salaries)

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₹9.2 L/yr - ₹12.5 L/yr

arrow icon 46% less
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₹7.2 L/yr - ₹11 L/yr

arrow icon 50% less
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₹5.5 L/yr - ₹20 L/yr

arrow icon 36% less
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HDFC Bank Relationship Manager - SME Salary

1 - 5 years exp. (4 salaries)

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₹4.2 L/yr - ₹11.3 L/yr

arrow icon 57% less
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₹4.5 L/yr - ₹15.5 L/yr

arrow icon 50% less
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₹5 L/yr - ₹16.8 L/yr

arrow icon 52% less
Relationship Manager - SME salary at State Bank of India ranges between ₹12 Lakhs to ₹25 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 31 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Relationship Manager - SME

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4 years exp.
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15 years exp.
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8 years exp.
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6 years exp.
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8 years exp.
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6 years exp.
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14 years exp.
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9 years exp.

Experience wise State Bank of India Relationship Manager - SME salaries

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹15 L/yr - ₹35.6 L/yr
5 years (AmbitionBox Estimate)

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₹19 L/yr - ₹35.7 L/yr
6 years  (5 salaries)

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₹14 L/yr - ₹24 L/yr
7 years  (3 salaries)

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₹15 L/yr - ₹20 L/yr
8 years  (4 salaries)

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₹14 L/yr - ₹24 L/yr
View all

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₹2.93 L/yr - ₹12.87 L/yr
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Banking Officer Salary
(94 salaries)
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₹8.1 L/yr - ₹23.8 L/yr
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(40 salaries)
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₹1.3 L/yr - ₹4 L/yr

Salary related reviews for State Bank of India

4.1

Rated by 11 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Dec 2023

1.0
 for  Salary and Benefits

Likes

There is nothing significant to write in this section.

Dislikes

...BI is its HR section and due to this, the problems faced by employees get worse. Seniors often resort to verbal personal attacks, humiliate you publicly, decline your bills, stop your salary, etc. They make sure you are ostracized, from others. You are never granted leave. Asking for leave is like asking for parole as if you are incarcerated, and as with parole, your leaves are rejected. They will play mind games and they will stalk you, where you live, where you go, who you are talking to, whether you are leaving the place, and many more. Better not to work here, than get your confidence completely shattered. Hope it helps anybody reading.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 30 Sep 2022

4.0
 for  Salary and Benefits

Likes

Good Salary and benefits Recognition that comes with working here. Best remuneration at entry level.

read more
  • Salary - Good
  • +1 more

Dislikes

Infrastructure is not at par with the industry. Very few chances for learning and skill development Ineffective management. Work life balance is absent Top Down approach of management Grossly Mismanaged at lower levels and unreasonable pressure on frontline staff. Absence of well defined roles for employees and everything is haphazard and makeshift Future is ambiguous Unethical work practices

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Apr 2022

3.0
 for  Salary and Benefits

Likes

There is no work life balance in the bank . Working on holiday without any compensation is regular aspect here. Hr policies are only for namesake

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Dislikes

There is no space at all fo work life balance. Officers here work daily for 13 to 14 hours and also work on holiday without getting any compensation

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Administration & Facilities Department

4.0
  •  posted on 28 Feb 2023

4.0
 for  Salary and Benefits

Likes

Very strong and reputed organisation having good opportunity of promotion and appraisal and salary and benefits also matched .

read more
  • Salary - Good
  • +4 more

Dislikes

Unmatched strategy creating work loads subsequent to which personal life become stressful and unhealthy.

see more salary related reviews

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State Bank of India Relationship Manager - SME Salary FAQs

What is the salary of Relationship Manager - SME at State Bank of India ?
The average salary of a Relationship Manager - SME at State Bank of India in India typically ranges from ₹12.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Relationship Manager - SME at State Bank of India earn more than ₹23.4 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Relationship Manager - SME 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 30+ State Bank of India employees in India.
What is the estimated take home salary of a Relationship Manager - SME at State Bank of India in India?
The estimated take-home salary of a Relationship Manager - SME at State Bank of India in India typically ranges from ₹1,32,720 to ₹1,37,585 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 4 years to 15 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 30+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Relationship Manager - SME in companies similar to State Bank of India in India?
The salary of a Relationship Manager - SME 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:

IndusInd Bank ₹5.5 Lakhs to ₹20.0 Lakhs per year
Yes Bank ₹9.2 Lakhs to ₹12.5 Lakhs per year
ICICI Bank ₹4.4 Lakhs to ₹18.0 Lakhs per year
Bandhan Bank ₹6.8 Lakhs to ₹13.1 Lakhs per year
IDFC FIRST Bank ₹4.5 Lakhs to ₹15.5 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 Relationship Manager - SME at State Bank of India in India?
The salary growth for a Relationship Manager - SME at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Relationship Manager - SME can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
4 years ₹15.0 Lakhs to ₹35.6 Lakhs per year
5 years ₹19.0 Lakhs to ₹35.7 Lakhs per year
6 years ₹14.0 Lakhs to ₹24.0 Lakhs per year
7 years ₹15.0 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Relationship Manager - SME salary in India ranges between ₹12 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 State Bank of India latest salaries received from various employees of State Bank of India.