State Bank of India Retired Chief Manager Salaries by 10+ Employees

31 - 32 years exp.

₹6 Lakhs - ₹21 Lakhs

Salary of majority employees

Fixed (75%)

₹9.6 Lakhs

Variable (25%)

₹3.1 Lakhs

At par with the average Retired Chief Manager Salary in Banking Companies for 31 - 32 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retired Chief Manager Salary 31 - 32 years exp. (8 salaries)	₹6 L/yr - ₹20 L/yr
Finance & Accounting Retired Chief Manager Salary 31 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr
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Customer Success, Service & Operations Retired Chief Manager Salary 31 years exp. (AmbitionBox Estimate)	₹18.1 L/yr - ₹21 L/yr
Risk Management & Compliance Retired Chief Manager Salary 31 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹16.3 L/yr

Last Updated: 14 Oct 2024

Companies similar to State Bank of India for Retired Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Retired Chief Manager Salary 8 - 12 years exp. (5 salaries)	₹19 L/yr - ₹41.7 L/yr 104% more
Kotak Mahindra Bank Retired Chief Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹24 L/yr 69% more
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IndusInd Bank Retired Chief Manager Salary 3 - 12 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 10% less
Punjab National Bank Retired Chief Manager Salary 31 - 35 years exp. (5 salaries)	₹5 L/yr - ₹15 L/yr 21% less
Canara Bank Retired Chief Manager Salary 31 years exp. (7 salaries)	₹4.5 L/yr - ₹14 L/yr 31% less
Union Bank of India Retired Chief Manager Salary 31 years exp. (6 salaries)	₹9 L/yr - ₹12.6 L/yr 14% less
Central Bank of India Retired Chief Manager Salary 30 - 31 years exp. (5 salaries)	₹5.9 L/yr - ₹18 L/yr 14% more
Indian Bank Retired Chief Manager Salary 31 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 20% more
Allahabad Bank Retired Chief Manager Salary 31 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 20% less
Bank of India Retired Chief Manager Salary 31 - 32 years exp. (4 salaries)	₹8.1 L/yr - ₹16.7 L/yr 25% less

Retired Chief Manager salary at State Bank of India ranges between ₹6 Lakhs to ₹21 Lakhs per year for employees with experience between 31 years to 32 years. Salary estimates are based on 16 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Retired Chief Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
15+ years (16 salaries)	₹6 L/yr - ₹21 L/yr
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Salary related reviews for State Bank of India

4.6

Rated by 36 employees for salary & benefits

Retired Chief Manager in Tezpur

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 .

Salary - Good

+4 more

Dislikes

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

Retired Chief Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

JOB SECURITY IS SAFE BUT ONE HAS TO BE CAUTIOUS IN DEALING WITH SUCH A VAST MAJORITY OF CUSTOMERS IN FINANCIAL INSTITUTION LIKE SBI /WORKING PRESSURE IS TREMENDOUS/ CULTURE PREVAILING IN SBI FOR WORK IS GOOD/MANAGEMENT IS NOT PROFESSIONAL/COMPANY POLICY ON PEN & PAPER IS FINE BUT IN REAL TERM NOT FAIR ENOUGH

Job security - Excellent

+2 more

Dislikes

... VERY HIGH WORK PRESSURE AND VERY HIGH /UNREALISTIC DEMAND OF HIGHER MANAGEMENT.SALARY STRUCTURE IS FAR BELOW THAN PRIVATE SECTOR BANKS

Work-life balance - Poor

Retired Chief Manager in Agra

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2018

5.0

for Salary and Benefits

Likes

The SBI institute is open to all innovation and readily adopts latest technology.I love the fact that I was the part of a team and market reliable high quality products and has a global clients base.Another plus point was that my colleagues come from various culture background and we work happily in collaberation. I also like the employees rehire policy here. I love byhe fact I am

Salary - Excellent

+6 more

Dislikes

The work pressure was very high. Compensation is decent, but controller are very conservative to release the same.

Retired Chief Manager in Katni

Human Resources Department

5.0

• posted on 18 Jun 2019

5.0

for Salary and Benefits

Likes

You have every opportunity to grow in term of promotions and salary resulting in high living standard.

Salary - Excellent

+6 more

Dislikes

Unexperienced bosses create problems and keep you always in tension that causes diabtese, blood pressure and heart problems.

Retired Chief Manager

BFSI, Investments & Trading Department

5.0

• posted on 03 Oct 2018

5.0

for Salary and Benefits

Likes

...huge size, adequate scope exists for all the talented and hardworking employees. Salary is based on scales adopted (and improved) from all-PSB level wage agreements. Constantly updated and largely quantifiable appraisal systems are in place. There are ample opportunities for travel within the country as well as abroad. All employees are adequately protected from political influence. Learning is online, on the job and institutional. Work environment is conducive for the bright, innovative and hard working. Innovation is encouraged and rewarded. there is adequate work life balance. Overall, best bank to work with.

Salary - Excellent

+6 more

Dislikes

Nil

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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State Bank of India Retired Chief Manager Salary FAQs

What is the salary of Retired Chief Manager at State Bank of India ?

The average salary of a Retired Chief Manager at State Bank of India in India typically ranges from ₹6.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 31 years to 32 years).

The top 10% of Retired Chief Manager at State Bank of India earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Retired Chief 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 10+ State Bank of India employees in India.

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

The estimated take-home salary of a Retired Chief Manager at State Bank of India in India typically ranges from ₹90,179 to ₹92,550 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 31 years to 32 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 10+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than State Bank of India for Retired Chief Manager in India?

ICICI Bank	₹19.0 Lakhs to ₹41.7 Lakhs per year
Kotak Mahindra Bank	₹18.0 Lakhs to ₹24.0 Lakhs per year
Indian Bank	₹12.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India	₹5.9 Lakhs to ₹18.0 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 Retired Chief Manager in companies similar to State Bank of India in India?

The salary of a Retired Chief Manager 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	₹10.0 Lakhs to ₹13.5 Lakhs per year
Union Bank of India	₹9.0 Lakhs to ₹12.6 Lakhs per year
Allahabad Bank	₹4.8 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank	₹5.0 Lakhs to ₹15.0 Lakhs per year
Bank of India	₹8.1 Lakhs to ₹16.7 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 Retired Chief Manager at State Bank of India in India?

The salary growth for a Retired Chief Manager at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Retired Chief Manager can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
15 years	₹6.0 Lakhs to ₹21.0 Lakhs per year

and so on.

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State Bank of India Retired Chief Manager Salaries

State Bank of India Retired Chief Manager salary in India ranges between ₹6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 State Bank of India latest salaries received from various employees of State Bank of India.