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State Bank of India Retired Manager salaries in Chennai

Annual salary range
31 - 34 years exp.
₹9 Lakhs - ₹13 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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39% more than the average Retired Manager Salary in Banking Companies for 31 - 34 years of experience

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Last Updated: 15 Mar 2023

Retired Manager salary at State Bank of India ranges between ₹9 Lakhs to ₹13 Lakhs per year for employees with experience between 31 years to 34 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Retired Manager salaries in Chennai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹9 L/yr - ₹13 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(50 salaries)
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₹8 L/yr - ₹25 L/yr

Salary related reviews for State Bank of India

4.4

Rated by 2 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Mar 2019

3.0
 for  Salary and Benefits

Likes

...ood job security but no job satisfaction. Higharchy is too much and pay out nil. Salary low work pressure high. Employees adopted for perks from cross selling due to low salaries resulting unethical practices. Due to this loss of reputation of SBI in the public. Horrible work life balance in SBI.

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  • Job security - Excellent
  • +1 more

Dislikes

Career growth good, job security ok. Salary low. Performance wise incentives implemented but it is failed to attract employees. Association and union activity high but no impact on workers or officer community. Bad work life balance. Looks like semi govt organisation in some aspects and try to give competition to private banks. Systems and procedures good but due to lack of knowledge at ground level and pressure not implement properly resulting high NPAs and no customer service. IT platform good, compete with private banks. Learning activities good, no time for employees to learn.

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Finance & Accounting Department

5.0
  •  posted on 27 Mar 2018

5.0
 for  Salary and Benefits

Likes

...e Bank of India.All higher authorities are very smooth and co-operative nature.Salary and allowances are good.There is three retirement benefits in SBI. 1.P.F. 2.Gratuity 3.Pension.

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  • Salary - Excellent
  • +6 more

Dislikes

Staff transfer policy.

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Mar 2025

4.0
 for  Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

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  • Salary - Good
  • +4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

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  • Work-life balance - Bad

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.

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  • Salary - Bad
  • +5 more

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.

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  • Skill development - Bad
  • +3 more
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State Bank of India Retired Manager Salary FAQs

What is the salary of Retired Manager at State Bank of India in Chennai?
The average salary of a Retired Manager at State Bank of India in Chennai typically ranges from ₹9.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 31 years to 34 years).

The top 10% of Retired Manager in Chennai at State Bank of India earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Retired 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 4 State Bank of India employees in India.
What is the estimated take home salary of a Retired Manager at State Bank of India in Chennai?
The estimated take-home salary of a Retired Manager at State Bank of India in Chennai typically ranges from ₹88,935 to ₹91,270 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 31 years to 34 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 4 salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Retired Manager at State Bank of India in Chennai?
The salary growth for a Retired Manager at State Bank of India in Chennai depends on factors such as experience, performance, and promotions. On average, a Retired Manager in Chennai can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
15 years ₹9.0 Lakhs to ₹13.0 Lakhs per year
and so on.

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State Bank of India Retired Manager salary in Chennai ranges between ₹9 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.