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State Bank of India Relationship Wealth Manager salaries in India

Annual salary range
6 - 10 years exp.
₹5.8 Lakhs - ₹12 Lakhs
Salary of majority employees
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20% more than the average Relationship Wealth Manager Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Wealth Manager Salary
6 - 10 years exp. (10 salaries)
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₹6 L/yr - ₹11 L/yr

Sales & Business Development
Relationship Wealth Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹7.8 L/yr

Last Updated: 11 Dec 2024

Companies similar to State Bank of India for Relationship Wealth Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Wealth Manager Salary

0 - 10 years exp. (190 salaries)

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₹2 L/yr - ₹10.3 L/yr

arrow icon 21% less
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HDFC Bank Relationship Wealth Manager Salary

0 - 8 years exp. (27 salaries)

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₹2.9 L/yr - ₹10 L/yr

arrow icon 22% less
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Axis Bank Relationship Wealth Manager Salary

0 - 12 years exp. (14 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 6% less
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₹5 L/yr - ₹11.4 L/yr

arrow icon 8% more
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Yes Bank Relationship Wealth Manager Salary

6 - 10 years exp. (9 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 11% more
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₹5 L/yr - ₹17.8 L/yr

arrow icon 40% more
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₹5.8 L/yr - ₹10 L/yr

arrow icon 3% more
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₹4.7 L/yr - ₹6.5 L/yr

arrow icon 19% less
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₹8 L/yr - ₹9.3 L/yr

arrow icon 17% more
Relationship Wealth Manager salary at State Bank of India ranges between ₹5.8 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 15 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Relationship Wealth Manager

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9 years exp.
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8 years exp.
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8 years exp.
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6 years exp.
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Experience wise State Bank of India Relationship Wealth Manager salaries

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
6 years  (3 salaries)

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₹6 L/yr - ₹8.4 L/yr
7 years  (3 salaries)

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₹6.5 L/yr - ₹12 L/yr
8 years  (3 salaries)

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₹6.5 L/yr - ₹13.6 L/yr
9 years  (3 salaries)

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₹5.8 L/yr - ₹11 L/yr
10 years  (3 salaries)

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₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in State Bank of India

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₹4.44 L/yr - ₹18.4 L/yr
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₹12 L/yr - ₹20.5 L/yr
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₹7.5 L/yr - ₹11.5 L/yr
Wealth Manager Salary
(40 salaries)
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₹5.5 L/yr - ₹15 L/yr
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₹2 L/yr - ₹3.3 L/yr
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₹8.4 L/yr - ₹21.46 L/yr
Priority Relationship Manager Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Branch Manager Salary
(310 salaries)
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₹7.5 L/yr - ₹30 L/yr
Deputy Manager Salary
(658 salaries)
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₹7.13 L/yr - ₹28 L/yr
Chief Manager Salary
(349 salaries)
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₹14 L/yr - ₹50 L/yr

Salary related reviews for State Bank of India

2.8

Rated by 8 employees for salary & benefits

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

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.

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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.

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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.

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Full Time

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Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

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

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Full Time

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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.

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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.

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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 17 Aug 2023

4.0
 for  Salary and Benefits

Likes

Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

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Dislikes

Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

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State Bank of India Relationship Wealth Manager Salary FAQs

What is the salary of Relationship Wealth Manager at State Bank of India?
Relationship Wealth Manager salary at State Bank of India in India ranges between ₹5.8 Lakhs to ₹12.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 20% more than the average Relationship Wealth Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of State Bank of India India.
How does the salary of a Relationship Wealth Manager at State Bank of India India compare with the average salary range for this job?
The average salary of a Relationship Wealth Manager at State Bank of India is 20% more than the average salary of a Relationship Wealth Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Relationship Wealth Manager in India?
  • IndusInd Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹17.8 Lakhs per year
  • Bandhan Bank Relationship Wealth Manager Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year
  • Yes Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
  • IDFC FIRST Bank Relationship Wealth Manager Salary - ₹5.0 Lakhs to ₹11.4 Lakhs per year
  • Standard Chartered Relationship Wealth Manager Salary - ₹5.8 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Relationship Wealth Manager in companies similar to State Bank of India in India?
  • Axis Bank Relationship Wealth Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
  • Kotak Mahindra Bank Relationship Wealth Manager Salary - ₹4.7 Lakhs to ₹6.5 Lakhs per year
  • ICICI Bank Relationship Wealth Manager Salary - ₹2.0 Lakhs to ₹10.3 Lakhs per year
  • HDFC Bank Relationship Wealth Manager Salary - ₹2.9 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Relationship Wealth Manager at State Bank of India in India?
The estimated take-home salary of a Relationship Wealth Manager at State Bank of India ranges between ₹55,939 per month to ₹57,341 per month in India. The take-home salary calculation is based on the average State Bank of India Relationship Wealth Manager salary in India which ranges between ₹5.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Relationship Wealth Manager at State Bank of India?
According to AmbitionBox, 88% of the State Bank of India Relationship Wealth Managers reported a notice period of 3 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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State Bank of India Relationship Wealth Manager salary in India ranges between ₹5.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 State Bank of India latest salaries received from various employees of State Bank of India.